Aurelia Butler

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    in Cryptocurrency

    MEXC Introduces Contract Address Search to Streamline Memecoin Trading Navigation

    MEXC, a global leader in cryptocurrency trading platforms, has officially announced the launch of the Contract Address Search, a new feature enabling traders to precisely locate target tokens by their unique contract address. The feature specifically addresses navigation challenges in the surging meme token market, and helps users identify target trading pairs with greater speed and precision, delivering a more efficient trading experience.Memecoins have evolved from internet jokes into a significant cultural and financial phenomenon, with some tokens reaching multi-billion dollar market capitalizations. As one of the earliest exchanges to embrace this emerging sector, MEXC has witnessed firsthand how these community-driven tokens have transformed retail trading. With the resurgence of the bull market and increasing prominence of memecoins, the rapid proliferation of similarly named projects has created new challenges for traders.In response, MEXC has introduced the Contract Address Search feature, allowing users to precisely locate tokens by their unique blockchain identifiers. Instead of relying on potentially confusing name-based searches, traders can now simply paste a token’s contract address into the global search or Spot market search bar to find their exact target token. This innovation reflects MEXC’s ongoing commitment to providing efficient, comprehensive trading solutions as the memecoin market continues to mature.The feature complements MEXC’s recently launched Meme+ trading zone, which has rapidly expanded to include 109 Memecoin listings since its December 24 debut. With an average of five new projects added daily, MEXC continues to enhance its platform capabilities to meet evolving market demands. This latest innovation reflects the exchange’s ongoing commitment to improving user experience and maintaining its position as a leading platform for cryptocurrency trading, particularly in emerging market segments.In the future, MEXC will continue to refine its product offerings, further enhancing the security and convenience of its cryptocurrency trading services for users.About MEXCFounded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 30 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC ｜Futures TradingContactPR ManagerLucia Hulucia.hu@mexc.comThis article was originally published on Chainwire More

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    in Economy

    Trump inauguration ahead with executive orders in focus – what’s moving markets

    1. Trump’s inaugurationDonald Trump is set to be sworn in as the 47th president of the United States on Monday.In the build-up to his return to the White House, Trump has promised to sign of a wave of executive orders on his first day back in office as part of an early push to act on his campaign promises.Trump is expected to announce more than 200 of these actions, which are legally binding but can still be subject to legal review. The orders are tipped to address a broad sweep of issues, including immigration, environmental regulations, and corporate diversity policies.One key move could see Trump launch mass deportations of illegal immigrants. Media reports have suggested that Trump, who has vowed to carry out the largest deportation program in US history, will call for raids in several major cities in the opening days of his second term in office.Investors have been awaiting more clarity around Trump’s plans, especially their potential impact on inflationary pressures and possible Federal Reserve interest rate cuts this year. Stock markets are due to be closed on Monday in observance of the Martin Luther King Jr. Day holiday.2. TikTok begins restoring US servicesTikTok began restoring services for its 170 million users in the US on Sunday, as President-elect Donald Trump promised to revive access to the short-form video platform when he returns to power.The return of TikTok came a little over 14 hours after the service was halted due to a national-security law requiring it to either rid itself of its Chinese ownership or shutter its operations in the US.Speaking at a rally on Sunday, Trump said “we have to save” the popular app, which has faced scrutiny from US officials over concerns that it could be used by China’s government to track or propagandize American users.Prior to the event, TikTok issued a message saying it was “back in the US”, and thanked Trump in particular.Trump has said he would most likely grant TikTok a 90-day reprieve before the ban can come into effect, adding that he would like the US to “have a 50% ownership position in a joint venture”.3. Trump memecoin dented after wife Melania launches rival tokenTrump’s new cryptocurrency soared before the inauguration, but retreated in value after incoming US First Lady Melania Trump unveiled her own token.”My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING!” Trump wrote in a post on his social media platform Truth Social.The crypto industry has been buoyed since Trump’s election victory in November, with its proponents hoping he will help usher in a new era of digital asset adoption. Trump, who previously called Bitcoin “a scam”, has pledged that America would be “the crypto capital” of the world once he returned to office.$Trump memecoins, which started selling for $10 each, traded as high as around $70 on Sunday, according to CoinMarketCap. But it pared back some of these gains after the launch of his wife’s coin, $Melania.Meanwhile, Bitcoin notched a fresh record high on Monday, adding on to an advance in the price of the world’s most well-known cryptocurrency since Trump’s election win.4. Earnings this weekInvestors hoping for another strong year in equity markets powered by US corporate profits will get a clearer outlook this week, with a string of companies set to report fourth-quarter earnings.Reports are due out from streaming giant Netflix (NASDAQ:NFLX), healthcare leader Johnson & Johnson (NYSE:JNJ), consumer goods powerhouse Procter & Gamble (NYSE:PG), and credit card issuer American Express (NYSE:AXP).Earnings season kicked off last week with big banks posting strong profits. A surge in dealmaking and solid equity market performance boosted trading revenues at several major Wall Street lenders.Overall, analysts expect S&P 500 companies to report a 10.4% year-over-year increase in fourth-quarter earnings, according to LSEG IBES data from January 15, cited by Reuters.5. Oil dipsOil prices slipped lower Monday, with traders taking risk off the table ahead of Donald Trump’s inauguration.By 03:51 ET, the US crude futures (WTI) dropped 0.4% to $77.11 a barrel, while the Brent contract fell 0.4% to $80.47 per barrel.Trump’s policy announcements on Monday reportedly could include the relaxation of curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war. Oil has risen by 10% so far this month, amid worries about the impact of more Western sanctions on Russian crude. More

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    in Economy

    Take Five: We’ve been expecting you, Mr Trump

    Trump’s inauguration on Jan. 20 as the 47th U.S. president will likely bring with it a Day One-barrage of executive orders on anything from taxes to tariffs, just as the fourth-quarter earnings season gets underway in earnest.Here’s a look at what’s going to matter for markets in the coming week from Rae Wee in Singapore, Lewis (JO:LEWJ) Krauskopf in New York, and Alun John, Karin Strohecker and Amanda Cooper in London.1/ WELCOME BACK, MR TRUMP Investors everywhere are waiting for Trump to begin his second term as U.S. president on Monday. He has pledged to sign a flurry of executive orders on his first day in office, and some speculate he could begin right after his inauguration, before even the ceremonial parade. U.S. markets are closed Monday for Martin Luther King Jr. day, so it may not be until Tuesday that investors can fully react. Any early moves on tariffs will be a particular focus, after the leaks, counterleaks and denials that have already riled currencies and shares in big global manufacturers. Long-dated bond yields have risen ahead of Trump’s inauguration, as traders expect his proposed tax cuts and tariffs to be inflationary and to stimulate domestic growth. But as the U.S. debt-to-GDP ratio is pushing 100%, former policymakers are wondering whether bond vigilantes are lying in wait. 2/ QUARTERLY CHECK UP Investors counting on a solid 2025 for U.S. corporate profits to boost stocks will get a fuller picture of the outlook in the coming week. A wide swathe of Corporate America is set to post results for the last quarter of 2024 and give a view into the year ahead. The coming week includes earnings from streaming firm Netflix (NASDAQ:NFLX), healthcare giant Johnson & Johnson (NYSE:JNJ), consumer products maker Procter & Gamble (NYSE:PG) and credit card company American Express (NYSE:AXP). Major banks kicked off quarterly earnings season on Jan. 15, with profits at some of the biggest U.S. lenders rising, as deal-making picked up and trading was boosted by strong equity markets. Overall, S&P 500 companies are expected to post an increase of 10.4% in the fourth-quarter earnings from the same period the previous year, according to LSEG IBES data as of Jan. 15.3/ WAR & PEACE (AND DAVOS)Trump is expected to continue to shape momentum in wars raging in Ukraine and the Middle East. The Israel-Hamas ceasefire to end the deadly 15-month old Gaza conflict entered into effect on Sunday, starting with the release of Israeli hostages and Palestinian prisoners. Hopes for stabilisation have lifted the region’s bonds and stocks, and could shape oil markets.Bringing peace to Ukraine – nearing its fourth year of war – might take longer than the ‘day one’ fix Trump pledged, but markets are gearing up for how this will reshape the region.Trump is set to virtually address leaders and CEOs, including Ukraine President Volodymyr Zelenskiy and Israeli officials, who are scheduled to gather in Davos from Monday. A pre-summit survey has identified war as the main risk of 2025. 4/ ENERGY BOOSTEuropean policymakers are getting exactly what they don’t want right now – higher borrowing costs and soaring energy prices. Oil has risen by 10% this month alone, egged on by concern about the impact of more Western sanctions on Russian crude, while, right in the middle of winter, natural gas prices have roared higher.More worryingly for Europe, the euro has hit 14-month lows against the dollar, just a whisker above the $1.0 mark. Since Russia’s invasion of Ukraine in February 2022, the United States has become Europe’s biggest supplier of natural gas in liquefied form (LNG) and a major source of crude oil, meaning the weakness in the currency is a double headache. The upcoming December final inflation numbers for the euro zone are unlikely to capture those price increases, meaning a possible nasty surprise later on.5/ WILL THEY, WON’T THEY?The Bank of Japan (BOJ) heads into its first policy meeting of the year. The yen is languishing near six-month lows, though a rate hike could be the panacea for the currency’s pain against a towering dollar, even if only temporarily.And it seems policymakers at the central bank are priming markets for such a move, after both Governor Kazuo Ueda and his colleague Ryozo Himino said the decision would be up for debate at the BOJ’s Jan. 23-24 policy meeting.It helps that U.S. President-elect Trump’s inauguration occurs just a few days before, which gives the BOJ some time to weigh up how his policies could ripple through financial markets.Regardless, traders have reacted to BOJ officials’ remarks by raising their bets on a January rate hike. Futures now point to a 70% chance of a 25-basis-point increase. More

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    in Cryptocurrency

    Biggest Bitcoin (BTC) Price Test Incoming, XRP Remains Dominant: Eyes For $3.5, 45% Solana (SOL) Pump Might Be Only Beginning

    A favorable macro environment and rising trading volumes have helped Bitcoin maintain its upward trend over the past week. BTC is reclaiming the 50, 100 and 200 EMA’s on the daily chart indicating that the bullish trend is still in place. With an RSI of 63 the market is showing moderate strength but still has room to rise before reaching overbought territory. The $105,000 mark is a formidable obstacle.In order to maintain its current rally Bitcoin must decisively break through this strong resistance level which is in line with earlier peaks on the chart. The market may reach $110,000 a level not seen since the start of the last significant bull run if this breakout is successful. A retracement with support levels at $98,000 and $95,000 might occur if the price fails to break $105,000. These levels which were once important resistances are now serving as solid support areas which could reduce Bitcoin’s downside risk. Since BTC’s recent price action suggests growing institutional and retail interest, the general market sentiment is still cautiously optimistic. In the medium term, the macroeconomic environment which anticipates slower interest rate increases contributes to the optimistic outlook for Bitcoin. The most important level to keep an eye on for traders and investors is the $105,000 mark. Strong volume combined with a clear move above this area could support the bullish argument for Bitcoin and pave the way for future gains. Failure to hold above $105,000 however might indicate a brief halt in the rally. The asset has found support above the 50 and 100 EMA on the daily chart demonstrating XRP’s outstanding performance. Additionally RSI levels close to 68 indicate that XRP is still in a healthy bullish phase without being overbought. The next significant target for bullish investors is $3.5 where XRP is currently trading at $3.13. A possible breakthrough would indicate further upward momentum as this level represents a psychological and technical barrier. In contrast if current levels are not maintained XRP may retetest support at $3 or even $2.75. Additionally on-chain metrics present a favorable image of XRP. In recent days there have been over 1 trillion account-to-account payments indicating an increase in network usage and activity. The asset’s growing popularity has also been supported by the steady increase in the number of active accounts. The fact that XRP can sustain high trading volumes—currently surpassing $230 million on its bullish candles—further demonstrates its dominance. This volume of activity suggests that institutional and retail investors are still interested. In the future XRP’s path toward $3. 5 depends on both ongoing on-chain strength and general market conditions. A successful break of $3.5 might pave the way for additional gains making the $4 mark a realistic target. However traders should continue to be on the lookout for possible retracements particularly if market sentiment changes or volume declines. There had previously been no significant price recovery due to these levels. A strong bullish signal that confirms the potential for a trend shift is provided by breaking above these thresholds. The asset is currently trading above $280 indicating a high level of market confidence. After Solana firmly broke out of its descending channel which had kept the asset under selling pressure for weeks there was another significant breakout. By making the bearish structure invalid this move prepares the way for more bullish continuation. Furthermore the fact that Solana’s RSI has hit 78 indicates strong momentum. This confirms the strength of the buying pressure propelling the rally even though it also points to some overbought conditions. The volume increase has also been significant. During this rally, Solana’s trading volume reached a new high indicating heightened market participation and interest. In order to sustain the current upward trend this is a crucial component.Looking ahead the $300 mark may serve as a psychological barrier as Solana encounters its next significant resistance. If this breakthrough is successful it may lead to higher targets of $350 or more. For the asset to continue its bullish outlook on the downside support above $250 must be maintained. This article was originally published on U.Today More

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    in Cryptocurrency

    Bitcoin price today: rallies to record high over $109k before Trump inauguration

    Bitcoin jumped over 3% in the span of minutes, hitting a record high of $109,118.The crypto rose in volatile trade, with crypto market volatility having ramped up over the weekend after Trump launched his own memecoin, $TRUMP, to outsized demand. The token became one of the most valuable cryptocurrencies in less than a day, but logged wild swings in the process.Trump is set to take office from 12:00 ET (17:00 GMT) on Monday.The President-elect has promised to dole out crypto-friendly regulations during his second term, and has vowed to make America the “crypto capital” of the world.While Trump did nominate several pro-crypto candidates to key regulatory positions, markets were uncertain over what policies he will outline, given that some of his more ambitious promises, such as a Bitcoin Strategic Reserve, could require Congressional approval.Uncertainty over the impact of Trump’s policies on the broader economy, especially given his hardline stance on immigration and trade, kept risk appetite subdued. Crypto markets initially cheered the launch of Trump’s memecoin, $TRUMP, which accelerated sharply since its launch on Friday. The token was seen rallying over 7000% within hours of its launch, gaining a market capital of over $14 billion. But the token was then subjected to heavy profit-taking, falling sharply from its weekend peaks. Trump also drew flak for launching a new memecoin themed around to-be First Lady Melania Trump, $MELANIA, with crypto traders raising some concerns over the ethical implications of Trump leveraging his political status to turn speculative markets in his favor. The launch of $TRUMP, of which the President-elect holds a significant number of tokens, greatly boosted his personal wealth, at least on paper. Broader crypto prices were a mixed bag, as traders remained somewhat skeptical towards altcoins amid an ongoing speculative frenzy in memecoins. World no.2 crypto Ether rose 3.5% to $3,390.65, while XRP was flat at $3.2024. Solana, Cardano, and Polygon steadied after recouping a bulk of their earlier losses, while among meme tokens, Dogecoin lost 4.7%.  More