LXP 🎭⚡🎩

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President Trump Calls Mars Mission ‘Manifest Destiny’ in Nod to Elon Musk’s SpaceX During his second inauguration speech, President Donald Trump endorsed a Mars mission as a part of America’s push into new horizons.

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Trump-Linked DeFi Venture Buys $48M in ETH as Son Eric Drops Hint The platform has acquired 14,403 ETH, raising its total Ethereum holdings to 28,612, valued at approximately $109 million.

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Solana Spikes to All-Time High Price as TRUMP Doubles Dogecoin Trading Volume Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.

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JUST IN: $TRUMP meme token was posted on Donald Trump’s official Truth Social account. It’s currently at a $3B market cap. Still no clarity on whether his account was compromised. This is a developing story.

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🔥 NEW: Bitwise Europe latest report predicts in 2030, Solana’s price will go to $2,318.90 in a bear case and $6,636.88 in a bull case.

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XRP Blasts Above $3 for First Time Since 2018 as Dogecoin, Solana Hit Weekly Highs XRP is now less than 10% away from an all-time high as Bitcoin hovers around $100,000 and Solana and Dogecoin hit weekly price peaks.

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Solana and XRP ETFs Could Attract Billions, But Will Fall Short of Bitcoin: JP Morgan Expected Solana and XRP ETFs could attract sizable investment, JP Morgan analysts said, but it's unlikely they'll match the Bitcoin boom.

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Dogecoin Is Down, But These Major Meme Coins Are Bleeding Even Harder Forget the Bitcoin dip—traders are dumping their Dogecoin, Pepe, and Bonk today in a bloody crypto market selloff.

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Crypto Market Awaits US Inflation Data The crypto market is awaiting the release of important US inflation data, including the Consumer Price Index (CPI) and Producer Price Index (PPI), which could cause sharp fluctuations in the price of Bitcoin and altcoins. According to forecasts, the annual CPI index may increase to 2.9%, which is higher than last month’s figure. Also, the PPI data, which will be released on Tuesday, could indicate further inflationary pressures. Investors are worried that the data will affect the Federal Reserve’s monetary policy decisions and strengthen the likelihood of further interest rate hikes. Such a situation could put further pressure on the cryptocurrency market.

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Meta Shareholder Calls for Tech Giant to Invest in Bitcoin Ethan Peck, a Meta shareholder and fellow at the National Center for Public Policy Research (NCPPR), a think tank in Washington, D.C., has submitted a proposal to Meta calling for Bitcoin to be considered a strategic treasury asset. The Washington-based think tank has previously submitted similar proposals to Microsoft and Amazon. The plan cites the success of Microstrategy, whose stock has grown 2,191% over the past five years. In December 2024, Microstrategy CEO Michael Silver supported the initiative, emphasizing Bitcoin’s resistance to inflation.

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According to data from IntoTheBlock, the proportion of long-term Ethereum (ETH) holders has surpassed Bitcoin (BTC) at 62%, rising from 59% at the beginning of the year to 74.7% by the end of 2024. This trend, which indicates investor confidence in Ethereum’s future, is likely to continue until it reaches its previous all-time high. Meanwhile, analyst Ali Martinez notes that Ethereum is moving in a parallel ascending channel and is likely to experience a significant rise to $6,000 after correcting to the $2,800 support level. Meanwhile, Bitcoin is showing signs of weakness as funding rates have decreased after hitting resistance at $108,000.

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Ripple’s stablecoin RLUSD officially saw the light of day in mid-December last year. Upon launch, several cryptocurrency exchanges embraced the product, including Uphold, Bitso, Moonpay, CoinMENA, and others. Earlier this week, Ripple’s president, Monica Long, said people should expect other leading platforms to hop on the bandwagon “imminently.” Shortly after, the Luxembourg-based Bitstamp put its name on the list. It added RLUSD on the Ethereum network, describing the stablecoin as “a robust solution designed for institutional-grade financial use cases.” It also reminded that the product is pegged 1:1 to the US dollar, claiming that it “offers consistent value for payments, tokenization, and more.”

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According to CoinGecko, the total market value of meme coins fell by more than 12% to $113.32 billion as whales exited. Meanwhile, Dogecoin (DOGE) fell 8.5% to $0.33 and Shiba Inu (SHIB) fell 7%. Analytics platform Spotonchain reported that one whale made a profit of $2.15 million by selling 427 billion PEPE tokens worth $8.49 million on the Kraken exchange. Another whale also sold 74.483 billion MOG tokens worth $177,736. However, another whale bought $18 million worth of meme coins, which did not affect the downward trend in prices.

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Do Kwon faces U.S. criminal charges as prosecutors allege his Terra ecosystem misled investors, causing over $40 billion in losses. U.S. prosecutors pursuing criminal charges against Terraform Labs co-founder Do Kwon have estimated that the collapse of the TerraUSD and Luna cryptocurrencies may have affected more than one million individuals and entities. The estimate was revealed in a filing submitted on January 6 by acting U.S. Attorney Daniel Gitner to the U.S. District Court for the Southern District of New York.

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In its latest Digital Asset Fund Flows report, CoinShares says that 2024 saw a new record of over $44 billion in institutional digital asset inflows despite the final trading days of the year posting outflows. “Digital asset investment products saw US$585m of inflows for the first 3 days of this year, although for the full week, which includes the last two trading days of 2024 saw net outflows totaling US$75m. The conclusion of 2024 marked a record US$44.2bn of inflows globally, almost 4x the prior record set in 2021 which saw US$10.5bn inflows. Marked by the entrance of US spot-based ETFs, which saw 100% of the inflows at US$44.4bn.”

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Microstrategy, which has the largest Bitcoin holdings of any company in the world, is looking to increase its Bitcoin holdings by raising $2 billion through a preferred stock offering. This is part of the company’s ambitious “21/21” plan, which aims to raise $21 billion in equity and $21 billion in fixed-income debt to buy more Bitcoin. The offering is likely to take place in the first quarter of 2025, said Michael Saylor, the company’s founder. Microstrategy currently holds 446,400 Bitcoins, worth approximately $43.9 billion, and is looking to add to that. The company said the final decision to proceed with the offering will depend on market conditions.

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The research arm of Galaxy Digital is predicting Dogecoin (DOGE) will hit a major milestone in 2025. In a new thread on the social media platform X, Galaxy Research’s Alex Thorn predicts that top memecoin DOGE will soar more than 170% from its current value this year and hit a psychological price point for the first time in its history. “Dogecoin will finally hit $1, with the world’s largest and oldest memecoin touching a $100 billion market cap.” Meanwhile, Galaxy Research’s Charles Yu is predicting a decline in market dominance by Tether’s stablecoin USDT as other stablecoins, like Circle’s USDC, gain more market share due to attractive yields.

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At least 13 US states are crafting legislation for Bitcoin reserves, signaling its rising importance in public finance. States like Ohio and Pennsylvania propose BTC-backed diversification to safeguard against USD devaluation and economic shifts. Globally, countries like Japan and Switzerland explore Bitcoin reserves, aligning with corporate BTC strategies.

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The artificial intelligence (AI)-related meme tokens have surged to an impressive total market capitalization near $11 billion. Among these highly speculative assets that are navigating both the AI and the memecoin narratives of 2024, three are leading. Three tokens, however, dominate the category by more than 40%, summing up to a nearly $4.60 billion market cap. These leading AI-related cryptocurrencies are AI16Z, FARTCOIN, and ZEREBRO, with a $2.50 billion, $1.37 billion, and $715 million capitalization, respectively.

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