Today, January 24, 1848, marked the start of the California Gold Rush.
And in 2025, the Trump crypto rush began. Trump spoke at the World Economic Forum and signed a key decree for the crypto industry.
What he said or did:
- Declared his intention to make the U.S. a global leader in AI development and the cryptocurrency industry.
- Called for an "immediate reduction" of the Federal Reserve rate to stimulate the economy and strengthen the country's global market position.
- Signed an executive order to create a cryptocurrency task force.Signed an executive order to establish a national reserve of digital assets.
- Signed an executive order banning the launch of CBDCs (Central Bank Digital Currencies) in the U.S.
No government-issued stablecoins—only support for existing cryptocurrencies.
Today's Major News:
- Solana sets a record in transaction fees. In recent days, it has surged significantly, hitting a record $56.5 million in fees.
- Trump’s Liberty Fi is buying up ETH and TRX.