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Ethereum Layer 2 scaling solutions may soon reach their limits in efficiently scaling the mainnet, warns Gautham Santhosh, co-founder of Polynomial.fi. Layer 2 solutions are protocols or networks built on top of a layer-1 network to improve its scalability and reduce transaction costs by processing transactions off-chain and then periodically settling the results on the […]

SINGAPORE (Reuters) – Donald Trump’s newly minted cryptocurrency soared to a top $9 billion in market capitalization on Monday, pulling in billions in trading volume just hours before the U.S. president-elect’s return to the White House. The meme coin, also known as $TRUMP, surged 73% to $46.06 during Asian hours on Monday, giving it a

The world’s most used blockchain has just received its largest daily fees ever. On Saturday, Donald Trump’s official token, TRUMP, was issued on the Solana blockchain, leading to an increase in trading volume over the weekend. Between Saturday and Sunday, the network generated more than $35 million in fees and at least $14 million in

Pakinomist– Bitcoin bounced back from early losses on Monday to hit record highs as traders piled into the world’s biggest cryptocurrency in anticipation of friendlier crypto regulations under President-elect Donald Trump, who takes office later in the day. jumped over 3% in minutes to hit a record high of $109,118. The crypto rose in volatile

Bitcoin (BTC) zoomed to a record high above $109,000 in Asian trading on Monday ahead of Republican Donald Trump’s scheduled inauguration later in the day. BTC reversed losses from earlier in the day, falling to nearly $100,000 from a high of over $102,000 on Sunday as First Lady Melania Trump issued a memecoin that drew

Pakinomist – With a recent break above a crucial resistance level near $102,000 is still gaining ground. While this move suggests that the asset is once again strong, there is still a significant test ahead as Bitcoin moves closer to a crucial psychological and technical barrier at $105,000. A favorable macro environment and rising trading

Pakinomist– Bitcoin fell on Monday, reversing course after a weekend rally, as increased market volatility in the wake of two memecoin launches by President-elect Donald Trump dampened sentiment in crypto markets. Traders were also on edge ahead of Trump’s inauguration later on Monday, when the president-elect is expected to sign a flurry of executive orders

As the official memecoin of the second Donald Trump presidency flirts with a $10 billion market cap and Melania Trump, the next first lady, launches her own, Balaji Srinivasan, the former CTO of Coinbase, said in a thread on X that the whole this category of tokens could be equated with gambling. A memecoin is

Bitcoin (BTC) nursed losses in Monday’s Asian opening amid frenzied trading in memecoins TRUMP and MELANIA. The leading cryptocurrency by market cap briefly fell below $100,000, representing a 4.5% drop on a 24-hour basis. ETH, XRP, SOL and BNB reported bigger losses, with ADA and DOGE losing over 10%, according to data sources CoinDesk and

Pakinomist – XRP traded at $2.9197 at 18:28 (23:28 GMT) on the Pakinomist index on Sunday, down 10.71% on the day. It was the biggest one-day percentage loss since December 9, 2024. The downward move pushed XRP’s market cap down to $171.1230B, or 4.89% of the total cryptocurrency market cap. At its peak, XRP’s market