Episode 545
📍 The cryptocurrency market is showing signs of recovery, with Bitcoin's price rising over 3% to above $84,400, amid a planned crypto summit hosted by Donald Trump and BlackRock's inclusion of bitcoin in its model portfolios.
📍 A new bill, the Modern Emoluments and Malfeasance Act (MEME Act), aims to ban high-ranking government officials from creating or promoting crypto tokens, with a direct target on President Trump's recent meme coin launch, which critics label as a form of self-enrichment.
📍 The meme coin market, particularly on Solana, is experiencing a significant downturn, with some traders believing the market has reached its end, while others see it as an opportunity to move on to more stable investments or await a potential rebound as global liquidity increases.
