🚀 Trump promises to make the USA the world capital of AI and crypto
Welcome to the Daily Tribune on Saturday, January 25, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Saturday, January 25, 2025, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Rainy 🌧️
24h crypto recap! ⏱
🇺🇸 The USA as a future leader in crypto and AI: Trump makes a bold promise in Davos
At the World Economic Forum in Davos, Donald Trump expressed his desire to transform the United States into the world capital of artificial intelligence and cryptocurrencies. Leveraging the country's vast energy resources, he emphasized that these technologies are essential for reindustrializing America and reducing production costs.
The promises he made include increased deregulation of the energy sector, but they raise questions about environmental impacts and financial risks. The controversial launch of the "TRUMP" token and initiatives such as the pardon of Ross Ulbricht add to the polarization of the debates, while the lack of a clear regulatory framework could limit the sustainable development of these industries in the United States.
🇨🇳 China destabilizes the crypto market with a record Bitcoin sale
Beijing orchestrated a massive sale of 194,000 bitcoins, seized in 2019 during the dismantling of the PlusToken network, a scam that had defrauded billions of dollars. Valued at $19.7 billion, this operation created significant pressure on the markets, with a 3.7% drop in the price of bitcoin, now around $105,000. The funds were transferred to the national treasury, with no transparency regarding their use.
Although this sale shook the market, the increased involvement of institutions like BlackRock, which recently acquired $600 million worth of bitcoin, has helped stabilize prices.
🚀 The revolutionary projects of Vitalik Buterin for Ethereum in 2025
Vitalik Buterin, co-founder of Ethereum, unveiled an ambitious vision for 2025. Among the priorities, he focuses on developing layer 2 solutions to reduce costs and increase scalability. The innovative "blob scaling" technique will allow for processing up to 100,000 transactions per second through a gradual increase in the number of blobs per slot, with the launch of Pectra in March. This advancement, combined with improved interoperability and a more efficient management of Ether, aims to enhance the utility and global adoption of the Ethereum network.
These changes promise not only to improve efficiency but also to attract more investors and users, thus increasing the long-term value of ETH.
🇺🇸 Trump disrupts crypto regulation by sidelining the Fed and FDIC
Putting words into action, Donald Trump signed a decree that redefines the United States' approach to crypto. This text explicitly excludes the Federal Reserve (Fed) and the Federal Deposit Insurance Corporation (FDIC) from regulatory discussions, marking a break from previous policies. A working group, led by David Sacks, is tasked with strengthening the United States' position in the industry. Its priorities include creating a national cryptocurrency reserve and developing rules for stablecoins, now free from Fed influence.
Meanwhile, the SEC has repealed a controversial rule, SAB 121, and is now offering increased flexibility to banks for holding digital assets.
The crypto of the day: Official Trump (TRUMP)
Official Trump (TRUMP) is a meme token based on the Solana blockchain. As a token inspired by former American president Donald Trump, it stands out for its unique positioning in the universe of political and cultural tokens. Its innovation lies in the combination of targeted marketing and a high-performing blockchain to attract both investors and collectors.
TRUMP is primarily used for trading and as a speculative asset. Its distribution relies on a total issuance of 1 billion tokens, with 200 million already in circulation. Benefits for holders include rapid valuation potential and exposure to a highly publicized token.
Recent performance
Current price: €28.03
24-hour change: -19.4 %
Market capitalization: €5.58 billion
Rank on CoinMarketCap: #34
XRP: A bullish momentum and promising prospects
Since November, XRP has shown impressive growth and marks its return after a prolonged bearish phase.
Technical indicators, such as the RSI, confirm strong buying pressure, supported by a healthy market and stable funding rates. The key resistance identified at $4.3 could soon be tested, with a medium-term potential to reach $6.8, according to Fibonacci extension analysis. This momentum remains supported by the absence of excessive behavior in the market, providing favorable prospects for the continuation of this trend.
The potential approval of an XRP ETF, estimated at 79% according to Polymarket, could amplify this progression by attracting significant institutional capital. Such a decision would strengthen investor confidence while increasing the value of XRP well beyond current resistances. However, risks remain: a break below the 50-day moving average, currently at $2.4, could reverse the trend and trigger increased selling pressure.
In summary, XRP positions itself as a key player in the market, with opportunities related to ETFs and growing institutional adoption. Although current signals are largely positive, caution remains advisable for investors, as sudden bearish movements could occur in the event of unfavorable market or regulatory developments.