Key Insights:
- Crypto leaders show support for Trump as digital finance gains political momentum.
- A 14-year-old Bitcoin wallet moves millions, stirring market discussions worldwide.
- CZ’s pardon marks a major legal moment for global cryptocurrency leadership.
- Coinbase and DeFi regulation progress suggest maturing market structure and governance.
Crypto Leaders Support Trump Campaign
Major crypto firms, including Coinbase, Ripple, and Tether, have reportedly donated to President Trump’s campaign event at the White House ballroom. The Winklevoss twins also contributed, reflecting growing political involvement from the crypto industry. The donations suggest stronger ties between the digital asset sector and U.S. policymakers.
Reports indicate that Trump’s campaign aims to position the United States as the global hub for cryptocurrency. Changpeng Zhao, known as CZ, expressed gratitude after receiving a presidential pardon. He said he will “help make America the Capital of Crypto” and advance Web3 technologies worldwide.
Dormant Bitcoin Wallet Awakens
A long-inactive Bitcoin wallet containing 4,000 BTC has moved funds for the first time in 14 years. The coins were worth about $67,000 in 2011 but now exceed $442 million in value. Blockchain analysts tracked the movement, noting the rare activity from such an early address.
The transaction raised curiosity among traders and historians of digital currency. Many speculate about the wallet’s owner and the reason behind the transfer. No clear link to an exchange or institution has been confirmed.
DeFi Regulation and Market Updates
Coinbase CEO Brian Armstrong stated that the crypto market structure bill is nearly complete. He mentioned it is “90% done,” but the final portion could reshape how decentralized finance is governed. The bill is expected to define clearer roles for trading platforms and liquidity providers.
Meanwhile, Revolut secured MiCA approval from Cyprus to launch its “Crypto 2.0” platform, featuring 280 tokens and zero-fee staking. Ledger and Trezor also introduced new 2025 hardware wallets, aiming to strengthen user self-custody. Stablecoins processed $46 trillion in transactions last year, approaching the volumes of traditional banking.
Ethereum and Stablecoins Record Heavy Activity
Ethereum registered $2.1 billion in stablecoin inflows within 24 hours, according to Artemis data. Analysts view this as a sign of rising demand in decentralized finance.
Stablecoins processed over $46 trillion in transactions in the past year, nearly triple Visa’s volume. This brings them close to the Automated Clearing House (ACH) system used across U.S. banking networks.
