Looking for all the crypto updates and news? Here’s a roundup of everything that happened recently. This article gives a brief of some of the important happenings in the world of crypto. Let’s have a look at what took place today!
Today US President Donald Trump wrapped up his first day in the White House. The day focused on memoranda, 42 executive orders, and proclamation actions. Even he declared multiple speeches. However, not any one of these speeches addressed or mentioned crypto. This is quiet surprising looking at the early promotion of crypto and even the launch of his memecoin!
In response to this ‘unusual’ event, some are still hopeful that action on crypto will come. In line with this, Will Clemente, Reflexivity Research co-founder, posted on X that some were “freaking out” looking at Trump’s ignorance towards crypto.
The price of Bitcoin surged by more than 6% in minutes to a new high. this came before Donald Trump’s inauguration as president of the United States. The current value of Bitcoin (BTC) was $104,570. This surged above $109,000 on January 20, breaking all records.
The last all-time high was above $108,000. This took place on December 17, 2024.
Bitcoin price hits all-time high | Freepik
Coinbase users face delay during their Solana transactions
Coinbase users complained of hours-long delays on Solana transactions. They complained of network congestion. Most of them connected the issue with US President Donald Trump’s memecoin launch. They said that this led to a technical glitch in the cryptocurrency exchange.
So, what actually happened? Som Solana users said that they were experiencing network difficulties. The mishap happened just after the recent memecoin launches by Trump and his wife, Melania.
