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The Dogecoin network has seen a significant surge in activity following the inauguration of US President Donald Trump. Although this surge in activity cuts across the entire industry, on-chain data has revealed interesting dynamics among Dogecoin holders. These developments were brought into focus by crypto analyst Ali Martinez, who, using data from the analytics platform Santiment, highlighted a remarkable surge in high-value transactions on the Dogecoin network. According to Martinez, Dogecoin recorded an impressive 588 transactions exceeding $1 million within the last 24 hours. Dogecoin Renewed Interest From Million-Dollar Transactions The recent surge in large-scale Dogecoin transactions suggests the possibility…

Japanese Prime Minister Shigeru Ishiba will emphasize strong wage growth surpassing inflation as a key element of his economic revival strategy in an upcoming policy speech to parliament, according to government sources.Ishiba plans to challenge Japan’s historically low wage growth expectations and encourage businesses to continue the pay raise momentum seen last year. His speech, scheduled for Friday’s opening of the 150-day Diet session, will also highlight efforts to decentralize the economy and unlock regional potential.Since taking office in October, Ishiba has made regional revitalization a priority ahead of this summer’s House of Councillors election. In parliament, he will seek…

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1696 as compared to the previous day’s fix of 7.1703 and 7.2642 Reuters estimates.PBOC FAQsThe primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market.The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party…

China’s Lunar New Year, marking the start of the Year of the Snake, falls on Wednesday, January 29. The official public holiday spans 8 days, from January 28 (New Year’s Eve) to February 4. During this period, many businesses and government offices close, allowing people to travel home for family reunions. Celebrations traditionally continue for 16 days, culminating with the Lantern Festival on February 12.With this long holiday comes a large demand for cash (more on this below if you want it). The People’s Bank of China is in preparation mode, injecting funds today for 14 days rather than the…

The crypto market witnessed significant volatility on Monday after the Trump family ventured into meme coins, with tokens they launched a day earlier sliding in value.First Lady Melania Trump’s newly launched meme coin, Melania Meme (MELANIA), has fallen more than 60% from its debut high following President Donald Trump’s inauguration.MELANIA now sits with a market cap of $625.5 million, per CoinGecko data. At the same time, Donald Trump’s meme coin, Official Trump (TRUMP), also took a sharp hit, falling 43% to $45 from a peak of $73.43 earlier in the week.The Solana-based coin skyrocketed 12,000% on its debut, reaching as…

Ross Ulbricht has yet to receive commutation for his prison sentence from President Donald Trump, dashing hopes from advocates, in the immediate term, to set the notorious figure free.After spending a session in the Oval Office signing executive orders, President Trump now heads to the Commander in Chief Ball and the Liberty Ball to celebrate.It is unclear whether Trump intends to pardon or commute Ulbricht’s sentence in the coming weeks. A White House spokesperson did not immediately respond to Decrypt’s request for comment.“If you vote for me, on day one, I will commute the sentence of Ross Ulbricht,” Trump told…

Mark Uyeda, recently appointed as the interim chair of the SEC, has announced a significant move towards clarifying regulations surrounding cryptocurrencies. Following a commitment made by former President Trump to ensure regulatory transparency, Uyeda’s initiative comes at a time when the crypto sector is seeking direction after the resignation of Gary Gensler.What is the Crypto 2.0 Initiative?How will the Task Force impact crypto regulations?What is the Crypto 2.0 Initiative?How will the Task Force impact crypto regulations?The newly launched Crypto 2.0 initiative signals the SEC’s commitment to establishing a clear regulatory framework for digital assets. Commissioner Hester Peirce, known for her…

Este artículo también está disponible en español. Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

Chinese Vice Premier Ding Xuexiang warned on Tuesday that there are “no winners” in a trade war as China confronts the threat of tariffs under Donald Trump’s newly elected government, per CNBC.  Key quotes“Protectionism leads nowhere. [A] trade war has no winners.” “Pursuing protectionism is just like locking one’s self in a dark room. Wind and rain might be kept outside, but so are light and air.” Market reaction At the press time, the AUD/USD pair is up 0.09% on the day to trade at 0.6275. Australian Dollar FAQsOne of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve…