On Monday, the free speech video platform Rumble (RUM) announced its first Bitcoin buy, less than two months after revealing a treasury strategy. While the amount of BTC the company acquired remains unclear, the company's board approved up to $20 million for the strategy in November. While this is the company's first BTC buy, it isn't its first interaction with crypto. In December, Tether announced it would invest $775 million in the company.
4. ETFs Filed For DOGE, TRUMP, BONK & More
According to Bloomberg’s ETF Analyst James Seyffart, Fund Providers REX Shares and Osprey Funds have already begun filing prospectuses to create ETFs for SOL, XRP, and a handful of new memecoins.
James Seyffart @JSeyff
Wow. That was fast. @REXShares and Osprey have filed for a bunch of crypto ETFs including memecoins TRUMP, BONK, and DOGE.
Also includes ETFs for Bitcoin, Ether, Solana, and XRP.
2:41 PM • Jan 21, 2025
277 Likes 70 Retweets
32 Replies
3. Trump’s Day 1 Crypto Promises Are Due
Trump might be “the first Pro-Bitcoin President,” but you wouldn’t know that from his inauguration address. And while expecting him to mention Bitcoin in that context was a pipe dream, the crypto community hasn’t forgotten what he promised them – namely, creating a Strategic Bitcoin Reserve, freeing Ross Ulbricht, and repealing SAB 121. We’re watching.
2. Circle Acquires Hashnote
Stablecoin issuer Circle has acquired Hashnote, the issuer of the world’s largest Tokenized Money Market Fund (USYC). Circle also announced today that they have entered into a strategic partnership with global trading firm DRW and plans to launch USDC on the Canton blockchain network. In one day, Circle has deepened its reach into both DeFi and TradFi. IPO 2025 looks more and more likely by the day.
1. New DOGE Website
The Elon Musk-led Department of Government Efficiency (DOGE) has launched a bare-bones website that contains just 18 words… and because why not… a Dogecoin meme. DOGE, as expected, jumped ~14% following the website’s launch.
America's First Crypto President. What’s Next?
Bitcoin jumped 9% the day after his election… and is up more than 40% since. But there's one coin that could go even higher, especially now that Trump has taken office. In fact, this coin could be boosted by one of Trump’s first Executive Orders.
About CoinSnacks Launched in December 2017, CoinSnacks is home to the longest continuously running crypto newsletter. In a space flooded with new projects, research, & narratives, it can be hard to keep up. CoinSnacks offers a solution by doing the digging for you, so you don't have to spend hundreds of hours sifting through the noise. Learn more here →
Reach Our Audience If you’re a brand interested in partnering with CoinSnacks to find your next customers, partners, or allies, we’d love to hear from you. Learn more here →
