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Trump names crypto-friendly SEC Commissioner Mark Uyeda as acting chair as Gensler departs
Trump names crypto-friendly SEC Commissioner Mark Uyeda as acting chair as Gensler departs

Quick Take The SEC is set to have a regulatory shift for crypto following former Chair Gensler’s exit and as it forges on with a Republican majority. Commissioners Hester Peirce and Mark T. Uyeda are weighing whether to start a process that could lead to more clarity on how the SEC views crypto and could decide to review pending enforcement cases, which could all begin very soon, Reuters reported last week,

The Block·2025/01/19 16:00
World Liberty Financial buys $112.8 million in crypto on Trump's first day in office
World Liberty Financial buys $112.8 million in crypto on Trump's first day in office

Quick Take World Liberty Financial purchased $47 million worth of ether and $47 million worth of wrapped bitcoin on Trump’s first day in office. The project also bought Aave, LINK, TRX and ENA.

The Block·2025/01/19 16:00
Digital Asset Inflows Surge to $2.2B Amid Trump Inauguration Excitement
Digital Asset Inflows Surge to $2.2B Amid Trump Inauguration Excitement

Bitcoin saw $1.9 billion in weekly inflows despite minor outflows from short positions during price gains.

Cryptopotato·2025/01/19 16:00
Ryan Selkis Urges Trump to Dismiss MELANIA Coin Creator Amid Market Controversy
Ryan Selkis Urges Trump to Dismiss MELANIA Coin Creator Amid Market Controversy

MELANIA coin’s debut caused TRUMP token to lose 50% of its value, wiping out billions, with Selkis slamming its timing and execution.

Cryptopotato·2025/01/19 16:00
Flash
07:13
Vitalik's Associated Address Transfers 7,000 ETH, Possibly Heading to a Centralized Exchange
BlockBeats News, June 27th, according to Onchain Lens monitoring, a wallet associated with Vitalik, "0xD04," transferred 7,000 ETH to a new wallet (worth $11.06 million). Referring to the address's past transaction records, this ETH is likely being deposited into a CEX. Previously, it transferred 1,300 ETH (worth $31.6 million), which was then deposited into Paxos. The wallet currently holds 20,001 ETH (worth $31.6 million).
07:07
USDC circulation decreased by 1.1 billion in the past 7 days, with a total circulation of 73.6 billion.
In the 7 days ending June 25, Circle issued approximately 6 billion USDC and redeemed roughly 7.1 billion USDC, resulting in a decrease of about 1.1 billion USDC in circulation. The total circulation of USDC stands at 73.6 billion, with a reserve of around 73.9 billion USD, including approximately 52.2 billion USD in overnight reverse repo Treasuries, about 10 billion USD in Treasury securities with a maturity of less than 3 months, roughly 11 billion USD in deposits at systemically important institutions, and about 700 million USD in other bank deposits.
06:44
Serenity's trading signals triggered a short-term surge in Cerebras, with tradfi showing a significant premium over after-hours prices.
On June 27, Serenity's signals drove a short-term surge in Cerebras, with the stock contract quoted at $188.26 on trade.xyz at press time, up over 5% in the past hour. Meanwhile, the stock's after-hours price (as the market is now closed) was only $182.3. Previously, Serenity revealed it had made its first purchase of Cerebras stock in the $170 range, believing that cooperation with OpenAI brings a valuation premium. However, it also pointed out that current valuations are slightly high compared to profitable companies such as certain exchanges, but remains optimistic about its potential as a leader in AI inference.
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