We return with our weekly cryptographic summary.
If Trump's presidency means one thing, there will be no shortage of cryptographic news.
Last week, the recently opened president (along with his family and immediate friends) continued in the headlines in cryptographic circles. We also witnessed notable developments in ai and games.
Here is a summary of what happened in crypto recently:
- Trump's tariffs shook crypto and values markets
- Eric Trump says that buying the sauce since $ eth lost more than 20% in value
- Trump established the first federal wealth fund, and Lummis hinted that he could retain $ btc
- Musk proposed to move all the United States Treasury operations to the block chain
- Google announced an investment plan of $ 75b, while its shares fell 10%
- Cryptographic players anticipate three new and exciting projects
Now, let's expand a little.
1. Trump's 25% rates shake the market
The cryptographic market faced turbulence, with bitcoin ($ btc) by briefly playing $ 92K after Trump announced 25% tariffs on Canadian and Mexican imports.
Canada immediately imposed a counter-tarifa, while Mexican president Claudia Sheinbaum adopted a more cautious approach.
The crypto Fear & Greed index entered the fear zone for the first time since October 2024 and has not yet been recovered. The impact also extended through traditional markets, with future S&P 500 falling 1.9% and the industrial average Dow Jones fell 1.5%.
However, there may be more strategic depth for Trump tariffs that suggest the immediate market reactions. Specifically, it could be an attempt to weaken the dollar while maintaining low yields, which forces countries to move from short -term reservations to long -term treasure bonds.
2. Eric Trump supports $ eth in an attempt to recover the WLFI portfolio
Eric Trump seems to be his father's main cryptographic advisor, as evident for his participation in World Liberty Finance (WLFI) and the official $ Trump Meme currency.
Last Monday, the presidential son tweeked The price of $ eth subsequently increased from $ 2.3ka $ 2.7K.
Eric Trump's defense makes sense given the substantial holdings of the WLFI asset. The company bought more than $ 100 million at $ eth and $ WBTC in January and additional $ 5 million $ last week.
With an average purchase price of $ 3.3K $ 3.3K, WLFI currently faces an unrealized loss of approximately $ 31 million.
3. Trump creates a sovereign wealth fund, $ btc in approach
Trump signed an executive order to establish the first federal sovereign wealth fund in the United States. Senator Cynthia Lummis tweeted that it is a '₿ig deal', with the bitcoin ₿ ₿ ₿, possibly insinuating an upcoming investment of $ btc.
Unlike traditional strategic reserves that focus on stable assets, sovereign wealth funds have the flexibility of diversifying in more dynamic investments, such as cryptography.
This approach would reflect the strategy of the Norway Sovereign Heritage Fund, which already has indirect exposure of $ btc through investments in companies such as Microstrategy.
While Alaska and Texas have successfully operating sovereign wealth funds at the state level for some time, this is an unexplored territory for the federal government.
4. Musk wants to move the US treasure of $ 1.5T in the block chain
Musk raised his eyebrows with his proposal to put the United States treasure in the block chain, all $ 1.5T of it. We are talking about a block chain that would handle everything from Social Security checks to payment checks of federal employees.
This would make the treasure management more efficient (in line with the Doge mission) and would improve transparency, since it could track every dollar spent the government.
However, many are skeptical about this idea.
In any case, this transition would force more than 3M federal employees to start using blockchain technology and push the adoption of cryptography to levels never seen before.
5. The investment of the 'small' of $ 75b of Google Sonebra Wall Street
The Google CEO, Slándar Pichai, plans to invest $ 75b in ai, which called a “small expense.”
It is clear that the ai is taking the center of the stage in Google's strategy, especially given the amount of income of $ 95b of the company last year was linked to the services related to ai.
Although Google's annual income increased by 12%, Wall Street seemed nervous about this expense plan, which sent Alphabet Inc. the low shares by 10%.
However, Google has no other option to stay ahead of Silicon Valley's career. Microsoft is not far behind with its $ 80b ai infrastructure plan. Goal and amazon are also pouring substantial resources into ai.
Capital tickets in the ai sector mean that the IA meme coins and the agents of ai could see more rise this year.
6. New in crypto Gaming: Super Bowl nfts, GTA 6, Stepmania
Mythical Games launched a Super Bowl promotion for NFL rivals, its nft mobile football game. The two -week event presents 30 new cards of players from the Kansas City Chiefs and Philadelphia Eagles.
Meanwhile, the Streamers Adin Ross and Faze Banks plan to create a custom -centered custom server for the next GTA 6. However, they could face challenges given the prohibition of Rockstar Games' 2022 of crypto and nft on GTA online servers.
In other news by crypto Game, a new application of Move-To-Ear (M2E), Stepmania, is now available on Telegram. It is inspired by Stepn, a 2021 m2e game that attracted 5.6 million users with its only mechanic and shoes nft.
7. Pepe's mind ($ mind) could benefit from the ai race and Trump's policies
Trump's Pro-crypto strategy, shared by Eric Trump and Elon Musk, is optimistic for the entire Altcoins sector. That is particularly true for ai tokens such as Mind of Pepe ($ Mind) in the light of the current Big tech's career.
Mind of Pepe is an auto-sobrano agent that runs in ethereum. You can analyze market data, offer exclusive information to your tokens holders, participate in discussions in social networks and even launch their own projects (including cryptographic games).
Currently in presale, a Token Mind $ costs $ 0.0032924, but the price will increase by 14 hours. The project has raised $ 5.6 million so far, and the first users have opted 859b tokens with 407% APy.
After $ Mind reaches the speed on a large scale, it could 10x arisesEspecially now that Eric Trump supported the ethereum ecosystem.
This week in crypto – The Low Down
This week, all eyes are on Trump's cryptographic agenda and the ai sector. The effect of federal policy decisions on market movements is undeniable, so we can only expect the next few days to bring good news.
Uncertainty forces investors to seek projects focused on public services such as Mind of Pepe. His market ideas backed by data and his ability to launch autonomous new projects make it one of the best forecasts in 2025.
As always, however, be sure to mark and maintain a cold head. The current cryptography market is extremely volatile, so diversify its portfolio and only invest as much as it can afford to lose.