Donald Trump’s involvement in cryptocurrency ventures has sparked calls for a formal ethics investigation , led by US Representative Gerald Connolly. Concerns are growing over potential conflicts of interest and transparency issues surrounding Trump’s financial ties, particularly regarding his role in the crypto project World Liberty Financial (WLF) and the launch of the "TRUMP" meme coin. Connolly has written to the House Oversight and Government Reform Committee, urging an inquiry into whether Trump’s crypto-related activities violate ethics and transparency standards. He warns that these ventures could compromise national security and allow foreign entities to gain undue influence. At the center of the controversy is WLF, a cryptocurrency initiative tied to Trump’s vision of financial independence. Reports reveal that Justin Sun , the founder of Tron and a figure under investigation by the SEC for alleged securities fraud, invested $30 million in WLF tokens. Connolly claims this investment helped WLF meet its revenue goals, possibly directing funds to Trump and his family. The congressman describes these financial connections as troubling, raising questions about ethical and legal boundaries under the Presidential Ethics Reform Act. In addition to WLF, Trump’s personal cryptocurrency, the TRUMP meme coin, has raised alarms. The coin, launched shortly before Trump’s inauguration, surged dramatically in value, reaching a fully diluted valuation close to $40 billion. Despite its initial success, its value has fluctuated, recently trading around $37.93. When asked about the coin, Trump appeared unfamiliar with its specifics, stating only that it was “very successful.” Critics argue that the TRUMP meme coin could be used to bypass national security and anti-corruption laws. Congresswoman Maxine Waters has labeled it “the worst of crypto,” emphasizing its potential to allow anonymous financial transactions that could benefit Trump’s circle or sanctioned individuals. She further warned that such tools create avenues for global entities to trade and profit without oversight. Connolly’s letter also highlights the broader implications of these ventures, including concerns about quid pro quo arrangements tied to Trump’s financial dealings. While WLF tokens reportedly offer no tangible financial returns, Connolly warns that they enable foreign entities to curry favor with Trump and his organization. These developments underscore the need for immediate action to evaluate Trump’s involvement in the crypto space and ensure that national security and transparency laws are upheld. Connolly insists that without a thorough investigation, such entanglements could pose significant risks to ethical governance.
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This bullish setup maps Ethereum’s price roadmap to $7,400 in 2025
Ethereum ( ETH ) is charting a bullish course, with technical indicators hinting at a potential rally. According to a recent analysis by Titan of Crypto , Ethereum appears to be forming a potential Inverse Head and Shoulders (H&S) pattern within an upward channel, with a target of $7,400 in sight. If confirmed, this pattern could signal the beginning of a significant upward move in the coming months. However, at press time, Ethereum is trading at $3,223, reflecting a daily decline of 1.96% and a weekly drop of nearly 3%, indicating the current market uncertainty. Ethereum technical analysis paints a bullish picture The inverse Head and Shoulders pattern, a widely recognized bullish reversal structure, is becoming increasingly apparent in Ethereum’s current price action. The neckline, which serves as a critical resistance level, is positioned above the current price near $4,000. Ethereum price analysis chart. Source: Titan of Crypto / X A decisive breakout above this neckline, backed by substantial trading volume, could validate the pattern and set the stage for a significant upward move. Further supporting this bullish narrative, the Fibonacci extension at 127.20% points to a target of $7,442, aligning closely with the projection from the H&S setup. Since early 2023, Ethereum has been trading within a well-defined upward channel, offering consistent support and resistance levels. This channel strengthens Ethereum’s broader bullish momentum, with the technical framework signaling the potential for further gains. Ethereum’s bullish confluence with Ascending Triangle Adding to the bullish case, long-term crypto investor Jelle identified that Ethereum is showcasing a compelling technical setup on the weekly chart, with two significant bullish patterns developing simultaneously. Jelle noted that the inverse H&S pattern is forming with the neckline resistance around $4,000, within the broader structure of an ascending triangle , another bullish continuation signal. Head & Shoulders pattern, inside a massive ascending triangle. .eth bro`s slowly capitulating as we form the right shoulder. This could get interesting quickly. Price discovery soon? $ETH pic.twitter.com/LJj7KAnDZz — Jelle (@CryptoJelleNL) January 22, 2025 This confluence of bullish signals has the market on edge, as traders anticipate a potential breakout that could lead to price discovery. Ali Martinez , another noted analyst, observed a similar pattern on January 17. According to Martinez’s analysis, Ethereum’s price could surge as high as $6,750, reflecting a 110.56% upside from its current level. This projection aligns closely with the bullish targets identified by other analysts, further reinforcing the optimism surrounding Ethereum’s technical setup. On-chain metrics show bullish momentum Ethereum’s bullish projection is not only supported by technical patterns but also by several key on-chain metrics and fundamental developments. Wallets holding between 1,000 and 10,000 ETH have substantially increased their holdings, adding 330,000 ETH since January 7, 2025. At the current price, this accumulation amounts to approximately $1.08 billion. Historical data suggests this activity could precede a significant rally—previously when the same cohort accumulated 620,000 ETH, Ethereum’s price surged from $2,400 to $4,000. Further strengthening the bullish narrative is a notable spike in Network Growth, with 180,000 new addresses created recently. This metric, which measures new capital inflows into the ecosystem, signals heightened interest in Ethereum. Ethereum network growth. Source: MAXPAIN/X A similar surge in April 2024 was followed by a price rally from $2,800 to $4,000, highlighting the strong correlation between network growth and price performance. Looking ahead, artificial intelligence ( AI ) models forecast a near-term target for Ethereum at $3,750 by the end of Q1 2025, assuming continued market activity and strong demand. Conversely, in a bearish scenario driven by macroeconomic pressures or reduced liquidity, Ethereum’s price could retrace to $3,000 showing the influence of external factors on its performance. Meanwhile, investor sentiment has increasingly shifted toward altcoins and meme coins, which have posted notable gains in recent weeks, with Ethereum lagging behind in capturing the broader market’s enthusiasm. Featured image via Shutterstock The post This bullish setup maps Ethereum’s price roadmap to $7,400 in 2025 appeared first on Finbold . Coinpaprika
Four Crypto Assets You Should Own In 2025; Chainlink, AAVE, Tron (TRX) And Remittix In 2025
Navigating the crypto market can be daunting due to its vast array of options, especially when aiming for significant returns. Yet, Chainlink, Aave, Tron, and Remittix emerge as top contenders for those seeking promising crypto assets. Experts predict that these cryptocurrencies could be the key differentiator for crypto millionaires in 2025, marking them as essential for a prosperous year. Remittix (RTX): Revolutionizing Global Payments with Crypto-to-Fiat Integration Through its PayFi services, Remittix (RTX) is redefining international transfers. The platform facilitates the conversion of over forty cryptocurrencies into fiat currencies, enabling direct transfers to bank accounts and merging traditional financial systems with blockchain technology. Unlike rivals such as Stripe, Wise, and Coinbase, Remittix allows users to send cryptocurrency, oversee its conversion, and transfer fiat to the recipient`s bank account seamlessly. This straightforward approach makes Remittix a transformative force in the financial sector. Transparency is fundamental to the Remittix system. Conventional platforms often surprise users with hidden fees, but Remittix offers a straightforward, flat-rate fee structure. This ensures the amount sent is exactly what the recipient receives, making it both dependable and economical. Moreover, Remittix smoothly integrates with existing banking infrastructures, enabling recipients to receive funds as normal bank transfers without needing to interact with cryptocurrency. This lowers the barrier for blockchain adoption for individuals of all tech backgrounds. The $RTX token fuels this project and is capped at a supply of 1.5 billion tokens. Priced at just $0.0272, early investors have a unique opportunity to participate before the token`s expected 5,000% increase after launch. Chainlink’s Rapid Expansion and Institutional Support Chainlink (LINK) has seen a 24% rise this week, driven by technical enhancements and growing investor confidence. Currently at $25.62, Chainlink has appreciated 6% in the last 24 hours, remaining a favorite among investors. In recent developments, Chainlink introduced its Cross-Chain Interoperability Protocol (CCIP v1.5), which facilitates token transfers across more than twenty blockchains. This advancement supports decentralized finance (DeFi) applications, boosting Chainlink`s adoption. Institutional interest is also mounting, with Trump’s World Liberty Financial investing $4.7 million in Chainlink, indicating trust in its long-term potential. Analysts foresee a breakthrough past critical resistance levels, possibly propelling Chainlink to new record highs. Aave (AAVE) Advances with New Deployment on Aptos Aave is priced at $361, marking a 3% increase in daily trading. Over the past week, Aave`s value has jumped 24% and has risen 22% in the last month, making it a popular choice among investors. Recent ecosystem enhancements have spurred Aave`s upward trend. The launch of Aave V3 on the Aptos testnet signifies the first non-EVM deployment of Aave`s protocol. This phase evaluates the protocol’s safety and performance on the Aptos blockchain before a potential mainnet launch. Additionally, Aave has implemented a Fee Switch, allowing users to earn from protocol activity, thereby increasing its utility and staking potential. Many investors are optimistic that Aave could reach $600 by 2025, reflecting confidence in its growth prospects. Tron (TRX) Gains Momentum with Declining Illegal Transactions Tron (TRX) is currently valued at $0.2495, having risen 4% in the last 24 hours. Over the past year, Tron has achieved a remarkable 129% increase, peaking at $0.4407 in 2024. However, Tron is currently 45% below this high. On a brighter note, the Tron blockchain saw a $6 billion reduction in unlawful transactions in 2024, significantly curtailing such activities. Still, Tron accounts for 58% of illegal crypto transfers. Analysts remain hopeful, predicting Tron might reach $0.2488 by the end of January 2025 and could potentially climb to $6 next year. Why Remittix is Attracting Investors While Tron, Aave, and Chainlink demonstrate strong potential, Remittix is anticipated to be an even more lucrative investment. The platform has already secured over $5.2 million in its presale, showing rapid growth. Analysts foresee an 800% increase by the end of the presale and a possible 5,000% surge once RTX is listed on exchanges. For those seeking a genuine project with significant growth prospects, Remittix is a noteworthy option. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Coinpaprika