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Happy Thursday!

Donald Trump today once again shouted out the Bitcoin reserve and slammed the Biden administration for its handling of crypto: here’s what he said.

Coinbase has sold over 12,000 ETH in Q4 2024 in connection with its popular Base Layer-2 blockchain. Is this good or bad for ETH?

Plus, cut solar costs with today’s sponsor Monalee, which reports it is the only online solar company offering instant design and pricing using advanced AI.

TOP STORY

Donald Trump Calls For Stablecoin Legislation, Lauds Bitcoin Reserve: ‘Biden Got A Fraction Of Their Value’

Donald Trump called on Congress to pass stablecoin legislation during his address at the Blockworks Digital Asset Summit in New York City.

“With the right legal framework, institutions large and small will be liberated to invest, innovate and take part in one of the most exciting technological revolutions in modern history,” he said.

In true Trump fashion, he took a dig at Joe Biden for how the previous president managed policy toward crypto.

Read the full scoop here.

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QUICK N DIRTY

XRP is up 7% after the big SEC victory yesterday — how much higher can it go?

Kraken has made a big purchase, forking over $1.5 billion to buy NinjaTrader and enter the futures trading market in the U.S.

USDT, USDC and other stablecoins are where the real bull market is at. They continue to grow their use cases — here’s what’s in store for stablecoins.

FINTECH FOCUS

Coinbase Sold 12,652 ETH, According To Standard Chartered Analysis

Activity on Coinbase’s Base network is influencing Ethereum price dynamics through indirect selling pressure, according to Standard Chartered analysis.

The bank noted that Base, which has become the dominant Layer-2 on Ethereum, funnels approximately 80% of its revenue back to Coinbase.

This, in turn, has led to Coinbase selling over 12,000 ETH in Q4 2024.

What does that mean for Ethereum?

Read the full scoop here.

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