Donald Trump Celebrates, Takes Credit for Bitcoin Price Surge to $100K

Bitcoin's price surpassed $100,000 for the second time after the Federal Reserve's hawkish outlook impacted risk assets. With a 4% gain in the past day, Bitcoin is trading at $100,444, following a fresh inflation report.

Doom, a classic video game, has been successfully played on various unconventional platforms, including Bitcoin, Dogecoin, and now a PDF file. Despite the pixelated graphics and lack of sound, the achievement of playing Doom in a PDF is noteworthy within the gaming community.

Jian Wen, a former U.K. takeaway worker convicted of money laundering Bitcoin, faces a Confiscation Order to pay over $3.78 million (£3.1 million) or risk an additional seven years in prison. The court found she had profited £3,500,113 from criminal conduct, with available assets valued at £3,126,572.

Jupiter, a Solana-based DEX aggregator, introduced an airdrop checker for users to check eligibility for the upcoming Jupuary airdrop. The event aims to distribute 700 million JUP tokens to users, stakers, and growth initiatives, with approximately 2 million wallets eligible.

BitMEX received a $100 million fine from Manhattan federal judge John G. Koeltl for money-laundering violations in the U.S. The exchange's attorneys argued that previous fines and guilty pleas were sufficient, but Koeltl disagreed.

MicroStrategy, a bitcoin treasury company since August 2020, has used cash, ATM offerings, and convertible bonds to acquire BTC. They plan to raise $2 billion through perpetual preferred stock, offering fixed dividends without voting rights. The company aims to benefit from the extended duration of this capital structure.

The Department of Justice stated that the recovered Bitcoin from the 2016 Bitfinex hack, valued at $9 billion today, should be returned to the exchange as there are no specific victims. Despite efforts to reimburse customers, some have contested the claim of being fully compensated.

Justin Sun is offering a VIP package for $50,000 to attend Donald Trump's inauguration events, including the Cabinet Reception, Victory Rally, swearing-in ceremony, inauguration parade, and Starlight Ball. The package aims to promote Liberland and establish partnerships with the incoming administration.

XRP has surged 15% in the last 24 hours, hitting a price not seen since 2018, with meme coin prices on the XRP Ledger also rising. The token has outperformed other major cryptos, gaining 28% in a week and ranking third by market cap.

The potential US ban on TikTok has led to the rise of a Chinese meme coin called MOMO on the Solana blockchain, which has surged 160x in the past three days. This meme coin, with a market cap under $5 million, gained significant value with minimal trading volume.