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Plus: MARA makes Donald Trump a block star
GM. Crypto’s ripe for the picking today – let’s slice it up and see what’s inside.
๐ 1Money is launching a Layer-1 for stablecoin payments.
๐ News drops: crypto dev sues Attorney General Merrick Garland, MARA embeds Trump in a Bitcoin block + more
๐ Market flavor today
Imagine being that person who was the first to try the french fries + ice cream combo (me, personally? Don’t get it. But apparently people love that sh*t). I wonder what they were thinking in that moment… like, “Do I really wanna know what’s next?” “Is my life gonna change, or is it gonnaโฆ change?โ
And that’s exactly where we’re at now, y’all.
The Fear & Greed Index is chillin’ in Greed at 75 (same as yesterday), and Bitcoin’s been hanging out between $97K and $105K.
However, trader Mister Crypto thinks it’s not staying there for long. To him, BTC’s chart is giving flashbacks to the last presidential inauguration. And if history’s repeating itself…
Crypto analyst Will Clementine also supports the idea of upward movement, which he believes will come from Bitcoin becoming a reserve asset.
The vision?
One country establishes a strategic Bitcoin reserve;
They buy more. And more. And then some;
Others FOMO in;
$1M BTC ๐
Bold? Yeah. Possible? We hope so.
Oh, and speaking of pumps – certain altcoins are feeling themselves today:
XRP set a new all-time high at $3.38 on talk of an XRP ETF and rumors about Trump introducing an America-first strategic reserve that might include it;
SOL’s up, ๐ same reasons;
Side note – many aren’t convinced about the whole altcoin reserve idea. But hey, it seems to be doing good things for now, so we’ll take it.
LINK increased by 12% after dropping the CCIP v1.5 upgrade, which makes it simpler for devs to launch cross-chain tokens;
HBAR’s up the same percentage, mainly because of HBAR ETF rumors and some new partnerships for tokenizing real-world assets;
LTC rose 17% on talk that it might be next in line for an ETF approval.
Yeah, I know, some of this stuff might sound crazy. But ice cream and fries also seemed wild at first… until it wasn’t ๐
๐ฅ Memecoin harvest
Time to spam rocket emojis – these tokens memed their way to the top today ๐
ย
Name
ย
24H Change
AGiXT AGIXT
โฒ82K%
CGAI CGAI
โฒ11K%
quarm QUARM
โฒ10K%
GoatIndex.ai AIAI
โฒ2.7K%
Data as of 08:00 AM EST.
Check out these memecoins and plenty more here.
A few years ago, while traveling with my friends, we stumbled upon this small diner in a small town.
It was a sweet spot – everyone was friendly, the menu was just a printed sheet in a transparent document holder (which, in my surprising experience, often means great food), yada yada.
All started well, but we got suspicious when we saw how long the menu was. This place served sushi, pizza, and tacos.
Guys, let’s be real with each other – there is no way you can make all three taste good.
That’s why most restaurants stick to one specialty. And that’s why 1Money is launching a Layer-1 specifically for stablecoin payments.
Why’s this one special? Here’s what they said:
Instant transaction confirmation;
Fixed, low-cost fees (with plans for “gasless” transactions);
Native multicurrency support;
Stablecoin-based network fees (so you pay fees in the same stablecoin you’re sending);
Built-in compliance mechanisms;
Unparalleled scalability (250,000 TPS and possibly more).
They’ve announced getting $20M from VCs like F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, and many more, and are planning to launch in Q2 this year.
Yeah… crazy… but I only invest in memecoins, so…
Well, stablecoins are kinda the bridge between TradFi and crypto – combining the familiarity of fiat with blockchain innovation.
Payment solutions like 1Money – where you can actually use your stablecoins (yes, even for overpriced merchโฆ guilty ๐) push us closer to mainstream adoption.
From stablecoins to Bitcoin is just one step. And the next step after that isโฆ you knowโฆ fun ๐
๐ News drops
โ๏ธ Crypto dev Michael Lewellen is taking Attorney General Merrick Garland to court becauseโฆ he wants to build stuff in peace. He’s working on Pharos, a non-custodial crowdfunding platform, and wants a judge to confirm it’s legal – and keep prosecutors from knocking on his door later.
๐จ Bitcoin miner MARA embedded a pixelated Donald Trump portrait in block 879613 – a nod to his upcoming inauguration. Okay, I like it, Picasso.
๐ก India’s largest telecom network, Jio, launched JioCoin on Polygon. The token’s basically your gold star for using JioSphere – but no one knows what you can actually do with it yet.
๐ป Phantom bagged $150M in a Series C led by Sequoia and Paradigm. This funding round pushed their value to $3B.
๐ Kraken on your mind? We’ve done the homework so you can see if it’s your next crypto home base.
๐ Juicy memes
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