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🚨 Breaking Web3 News: Top Crypto Headlines You Can’t Miss Today!
CoinGape Media
January 30, 2025
News
El Salvador President Nayib Bukele has once again caught the eyes of the crypto market watchers with his latest move. The President reportedly passed a Bitcoin reform bill to comply with the IMF deal, showcasing the country’s sustained focus on the flagship crypto. In addition, the President has also mocked the sentencing of anti-BTC Bob Menendez, who has once voiced concern against El Salvador’s adoption of BTC citing corruption woes.
Debates on Ripple vs SEC lawsuit pick up as the XRP community hopes the Trump administration to resolve it by April or May. Moreover, the rumors of XRP lawsuit removal from the US SEC’s website sparked significant market buzz. However, an expert refutes the lawsuit removal by the SEC as well as the case settlement claims with facts.
In the most recent development, Grayscale has rolled out Bitcoin Miners ETF with a ticker MNRS to support Bitcoin Mining and related ecosystems. Grayscale already offers Spot Bitcoin ETF with Spot Ether ETF, and MNRS is now the latest entrant to ETF investments by the asset management firm. Bitcoin prices have started responding to this development by marking upticks in their values.
Sponsored
In a groundbreaking move, Trump Coin ($TRUMP) has officially been listed on Binance, drawing significant attention from the cryptocurrency community. The listing comes after $TRUMP’s meteoric rise in trading volume and popularity, cementing its place as one of the most talked-about meme coins of the year. Its success on Binance raises the question: which other meme coins have the potential to follow suit?
Markets
The crypto prices today, January 30, have brewed significant optimism among investors despite unchanged interest rates in the latest U.S. FOMC meeting. Bitcoin (BTC) price recovered to trade near the $105K level, whereas top altcoins such as Ethereum (ETH), Solana (SOL), and XRP also pumped in sync. Besides, Onyxcoin (XCN) emerged as the leading gainer on Thursday, surging nearly 30% intraday.
As January ends and February looms on the horizon, the cryptocurrency market is buzzing with anticipation for what many analysts predict could be the start of an altseason in Q1 of 2025, following the Bitcoin halving year’s historical trend. This period is often marked by significant price movements in altcoins, with several already showing promising signs of hitting new all-time highs (ATHs) or breaking through critical resistance levels. This is particularly, for altcoins poised to steal the spotlight from Solana (SOL), which currently trades at $240.70 with a 24.01% increase over the last month, boasting a market cap of $117.16 billion.
The crypto market is showing signs of recovery, with XRP rivals gaining traction among investors. Ripple price surged 480% in the past year, highlighting the potential for altcoins priced under $1. With strong fundamentals and increasing adoption, these low cap coins projects are emerging as potential opportunities for significant returns in February 2025.
The year 2024 was transformative for the Web3 ecosystem, witnessing rapid advancements, significant market shifts, and evolving regulatory landscapes. This analysis highlights the key crypto trends that have defined the year, supported by relevant data and insights, providing early to medium-scale crypto investors with a comprehensive understanding of what has transpired in the Web3 space.