Here is a summary of the most attention-grabbing cryptocurrency news of the week (1/18-1/24) delivered to you.
This week, news about the official meme coin issuance of President Donald Trump and the presidential decree signing regarding the strategic national reserve of cryptocurrency, as well as the Bitcoin (BTC) price prediction by Larry Fink, CEO of the US asset management giant BlackRock, garnered the most attention.
Table of Contents
This week's featured news
Financial market
Asia Special
This week's featured news
President Trump issues official meme coin 'TRUMP', price soars 20x (1/18)
On the 18th of Japan time, Mr. Trump officially issued a meme coin named "TRUMP" on the Solana (SOL) chain, which caused the price to skyrocket by more than 20 times as the possibility of it being genuine increased. (Article here)
BlackRock CEO: 'Bitcoin Could Rise to Around $700,000' (1/23)
BlackRock CEO Larry Fink said in an interview with Bloomberg on the 23rd that the price of Bitcoin could rise to around $500,000 to $700,000. He also mentioned the strengths of Bitcoin. (Article is here)
President Trump signs executive order regarding strategic national reserve of cryptocurrencies
（1/24）
On the 24th, Mr. Trump signed a presidential order to establish a presidential working group on the cryptocurrency market. The purpose of this working group is to develop a federal regulatory framework for digital assets, including stablecoins, and to evaluate and propose the creation of a "Strategic National Digital Asset Reserve". (Article here)
Financial market
Bitcoin hits record high and Meme coin frenzy, influenced by the new President Trump｜Virtual NISHI (1/21)
The cryptocurrency market was heavily influenced by the Trump campaign, resulting in extremely high volatility. In particular, there was a lot of attention on the remarkable rise of the meme coin 'OFFICIAL TRUMP' endorsed by Trump and the fact that Bitcoin reached an all-time high. (Article here)
Bitcoin's uninspiring price movements due to waning expectations, uncertainty over the Trump administration's outlook (1/23)
On this day, Bitcoin was down 2.5% from the previous day, at 1BTC=102,850 dollars. Investors could not grasp the outlook for the new Trump administration, resulting in lackluster price movements. (Article is here)
Market volatility due to the "Bitcoin Strategic Reserves" presidential decree | Virtual NISHI (1/24)
The focus of the cryptocurrency market has shifted to the fate of the US "Bitcoin Strategic Reserve". The market has risen again as President Trump signed an executive order on the strategic national reserves of cryptocurrency. (Article is here)
NTT Digital announced that it will start a "Hapi Well Support Team" campaign in collaboration with Sanrio's popular unit "Hapi Dan Bui" from January 21, 2025. (Read the article here)
Innovative mechanism to solve gas fee issues, ushering in a new era of blockchain brought by Paymaster | NERO Chain contribution (1/21)
As part of the account abstraction of Ethereum (ETH), Paymaster, which was developed, allows users to pay gas fees without holding native tokens. This article explains the new possibilities for developer marketing opportunities and ecosystem activation in promoting Web3. (Read the article here)
Solana News December 24 Recap｜Soylana Japan Contribution (1/22)
Summarizing December of Solana. The development of AI agents has become active, with over 400 projects participating in the Solana AI Hackathon. New services such as Sanctum's Creator Coin and Kamino's DEX deployment are also emerging one after another. Ethereum's Pudgy Penguin is issuing tokens on Solana, and the expansion of the ecosystem is progressing. (Article is here)
Ripple to Hold Global Event for Virtual Currency XRP, Company Announces Details (1/23)
On the 21st, Ripple announced the holding and content of the event "XRP Community Day 2025" related to XRP. At this event, it explains that the XRPL (XRP Ledger) blockchain will celebrate the beginning of a new year of transformation. (Article is here)
LINE Messenger platform Dapp portal released worldwide simultaneously using Kaia blockchain (1/23)
LINE NEXT, a group company of LINE Yahoo, aims to build a Web3 ecosystem. On the 22nd, LINE NEXT announced the release of a Dapp (decentralized app) portal based on LINE Messenger. It is expected to attract Web3 users by leveraging LINE's user base. (Article here)
Is the Chinese government planning to sell the 3 trillion yen worth of Bitcoin seized from PlusToken? (1/24)
The Chinese government may have sold 3 trillion yen worth of Bitcoin it holds in custody, potentially exerting significant selling pressure. According to Ki, the founder of the virtual currency on-chain analysis platform CryptoQuant, the Chinese Ministry of Finance sold 194,000 BTC confiscated from the PlusToken scam by January 23rd. (Article here)
Related: Why Japan Needs a Large-scale Web3 Conference | Interview with WebX Founder
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Weekly Virtual Coin News: High Interest in President Trump's Executive Order on Reserves and Blackrock CEO's BTC Price Forecast
Here is a summary of the most attention-grabbing cryptocurrency news of the week (1/18-1/24) delivered to you.
This week, news about the official meme coin issuance of President Donald Trump and the presidential decree signing regarding the strategic national reserve of cryptocurrency, as well as the Bitcoin (BTC) price prediction by Larry Fink, CEO of the US asset management giant BlackRock, garnered the most attention.
Table of Contents
This week's featured news
President Trump issues official meme coin 'TRUMP', price soars 20x (1/18)
On the 18th of Japan time, Mr. Trump officially issued a meme coin named "TRUMP" on the Solana (SOL) chain, which caused the price to skyrocket by more than 20 times as the possibility of it being genuine increased. (Article here)
BlackRock CEO: 'Bitcoin Could Rise to Around $700,000' (1/23)
BlackRock CEO Larry Fink said in an interview with Bloomberg on the 23rd that the price of Bitcoin could rise to around $500,000 to $700,000. He also mentioned the strengths of Bitcoin. (Article is here)
President Trump signs executive order regarding strategic national reserve of cryptocurrencies
（1/24）
On the 24th, Mr. Trump signed a presidential order to establish a presidential working group on the cryptocurrency market. The purpose of this working group is to develop a federal regulatory framework for digital assets, including stablecoins, and to evaluate and propose the creation of a "Strategic National Digital Asset Reserve". (Article here)
Financial market
Bitcoin hits record high and Meme coin frenzy, influenced by the new President Trump｜Virtual NISHI (1/21)
The cryptocurrency market was heavily influenced by the Trump campaign, resulting in extremely high volatility. In particular, there was a lot of attention on the remarkable rise of the meme coin 'OFFICIAL TRUMP' endorsed by Trump and the fact that Bitcoin reached an all-time high. (Article here)
Bitcoin's uninspiring price movements due to waning expectations, uncertainty over the Trump administration's outlook (1/23)
On this day, Bitcoin was down 2.5% from the previous day, at 1BTC=102,850 dollars. Investors could not grasp the outlook for the new Trump administration, resulting in lackluster price movements. (Article is here)
Market volatility due to the "Bitcoin Strategic Reserves" presidential decree | Virtual NISHI (1/24)
The focus of the cryptocurrency market has shifted to the fate of the US "Bitcoin Strategic Reserve". The market has risen again as President Trump signed an executive order on the strategic national reserves of cryptocurrency. (Article is here)
Asia Special
NTT Docomo starts company-wide NFT campaign utilizing Web3, collaborates with Sanrio's 'Hapi Danbui' (1/21)
NTT Digital announced that it will start a "Hapi Well Support Team" campaign in collaboration with Sanrio's popular unit "Hapi Dan Bui" from January 21, 2025. (Read the article here)
Innovative mechanism to solve gas fee issues, ushering in a new era of blockchain brought by Paymaster | NERO Chain contribution (1/21)
As part of the account abstraction of Ethereum (ETH), Paymaster, which was developed, allows users to pay gas fees without holding native tokens. This article explains the new possibilities for developer marketing opportunities and ecosystem activation in promoting Web3. (Read the article here)
Solana News December 24 Recap｜Soylana Japan Contribution (1/22)
Summarizing December of Solana. The development of AI agents has become active, with over 400 projects participating in the Solana AI Hackathon. New services such as Sanctum's Creator Coin and Kamino's DEX deployment are also emerging one after another. Ethereum's Pudgy Penguin is issuing tokens on Solana, and the expansion of the ecosystem is progressing. (Article is here)
Ripple to Hold Global Event for Virtual Currency XRP, Company Announces Details (1/23)
On the 21st, Ripple announced the holding and content of the event "XRP Community Day 2025" related to XRP. At this event, it explains that the XRPL (XRP Ledger) blockchain will celebrate the beginning of a new year of transformation. (Article is here)
LINE Messenger platform Dapp portal released worldwide simultaneously using Kaia blockchain (1/23)
LINE NEXT, a group company of LINE Yahoo, aims to build a Web3 ecosystem. On the 22nd, LINE NEXT announced the release of a Dapp (decentralized app) portal based on LINE Messenger. It is expected to attract Web3 users by leveraging LINE's user base. (Article here)
Is the Chinese government planning to sell the 3 trillion yen worth of Bitcoin seized from PlusToken? (1/24)
The Chinese government may have sold 3 trillion yen worth of Bitcoin it holds in custody, potentially exerting significant selling pressure. According to Ki, the founder of the virtual currency on-chain analysis platform CryptoQuant, the Chinese Ministry of Finance sold 194,000 BTC confiscated from the PlusToken scam by January 23rd. (Article here)
Related: Why Japan Needs a Large-scale Web3 Conference | Interview with WebX Founder
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