Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoin’s decline below $100,000. RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets. Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset…
US President Donald Trump’s recent foray into the memecoin market drove Google search interest for the term “crypto” to its highest level since 2021. On Jan. 18, Trump launched an official memecoin project just two days before his inauguration. Following the launch of the Official Trump (TRUMP) token, First Lady Melania Trump also launched a self-titled memecoin,…
A US court has overturned the sanctions against the Tornado Cash cryptocurrency mixing protocol in a decision that could signal a shift significant toward more innovation-friendly regulations for privacy-preserving technologies. The US Treasury’s Office of Foreign Assets Control (OFAC) originally sanctioned Tornado Cash in August 2022, accusing it of facilitating money laundering by the North Korean Lazarus Group. The…
The Trump family’s newly-launched tokens may usher in a wave of retail investor adoption for high-risk digital assets such as memecoins and smaller cryptocurrencies. Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Official Melania (MELANIA) token on Jan. 19 on the Solana network, ahead of US President-elect Donald Trump’s presidential inauguration on Jan….
Cryptocurrency-focused pension funds are attracting increasing attention from younger adults, reflecting a shift in how new generations view digital asset investments. Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph. Moreover, 78% of the respondents expressed greater trust…
Republican Senator Tim Scott, recently elected chair of the US Senate Banking Committee, announced that developing a regulatory framework for digital assets would be one of the body’s priorities in the 119th Congress. In a Jan. 15 notice, Senator Scott said the Banking Committee intended to focus on policies for financial inclusion that “create opportunity” in the…
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