Best of the week: It all happens!

It was a great week for crypto after the inauguration of Donald Trump for another period Monday.

The White House issued an executive order of digital assets calling for a friendly approach to crypto across the administration and the creation of a “digital asset warehouse” (which may or may not be a Bitcoin strategic reserve). Regulatory editors Nik de and Jesse Hamilton were, as usual everywhere in the news.

SEC withdrew a controversial crypto accounting rule, started a crypto task force led by Hester Peirce (alias “Crypto Mom”) and appointed crypto-related commissioner Mark Uyeda as acting chairman.

Senator Cynthia Lummis, undoubtedly Crypto’s most loyal friend in Congress, was appointed head of the Senate Bank Committee’s new digital assets, Hamilton also reported.

We dissected the fall of the (very) controversial Memecoins who fell off the Trump family before Monday’s gang in. Coindesk’s Shaurya Malwa reported that 60 Solana whales were doing at least $ 10 million each (many others got much less). Reporting from Tom Carreras on Monday showed that the paper wealth generated by these surprise marks honestly staggering, even absurd.

Memecoins were still a huge success that encouraged archives for Memecoin ETFs, Helene Braun reported. Helene also broke the story of how CME leaked information about XRP and Sol Futures ETFs by mistake that sank these tokens and weighed in the wider market.

Ross Ulbricht, who created Silk Road about 12 years ago, and trained thousands at Bitcoin for the first time, went free after atoning ten years in prison. His freedom was an important promise of the Trump team of Crypto. Sam Reynolds had the news.

And the news kept coming. In fact, it was hard to remember a week when several things happened in crypto. In the midst of it all, the Ethereum community warmly discussed its future (especially the Ethereum Foundation). Parikshit Mishra and Sam Kessler followed the story.

Keep an eye on more big things that happen next week.

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