Donald Trump announced the launch of his new cryptocurrency, Official Trump (CRYPTO: TRUMP). The token's price rocketed higher upon its debut and then saw some volatile trading over the weekend amid trends for the broader crypto market and investors taking profits on big short-term gains.

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.

Daniel Chartraw of South Lake Tahoe, California was recently indicted on wire fraud charges alleging that through his companies Crypto-Pal LLC and TDA Global he

The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.

Discover the next cryptocurrency to explode today,. Using today’s market data, find out what makes these tokens promising.

According to data provided by S&P Global Market Intelligence, XRP ( XRP 0.64%) was up as much as 43.2% since last Friday's stock market close and is currently up 37.3%. Hedera ( HBAR -0.91%) jumped 41% and settled in at a 31.4% gain for the week, and Stellar ( XLM 1.97%) was up 20% at its high and is now trading up 14.3%.

As President-elect Donald Trump begins a second term on Monday, he plans to issue an executive order making cryptocurrency a national priority, Bloomberg reports .

Banking giant JPMorgan (JPM) has forecastedthe next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could experience substantial growth if the U.S. Securities and Exchange Commission (SEC) gives the green light.

With crypto-friendly leadership in place, spot XRP and Solana ETFs are poised for approval in 2025, driving institutional capital and mainstream adoption of digital assets.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

Gary Gensler exits the SEC, leaving a legacy of investor-focused reforms and controversial crypto enforcement.