Jupiter DEX Unveils V2 Redesign; Musk Explores Blockchain for Government; MicroStrategy Adds $1B Bitcoin

Jupiter DEX Unveils Major Platform Changes; Musk Explores Blockchain for Government Efficiency; MicroStrategy Continues Bitcoin Buys

Jupiter, the Solana DEX aggregator, announced significant platform updates at its 'Catstanbul 2025' event in Turkey. Following a recent $600 million community airdrop and deal with Moonshot, the platform revealed a 'V2' redesign, marking a return to beta status as new features are implemented.

Elon Musk, as head of Trump's Department of Government Efficiency (DOGE), discussed implementing blockchain technology for tracking government expenditures. The DOGE website has also removed the Doge meme logo, impacting the price of the original meme coin. Chainalysis findings show approximately 60 whale wallets have each realized profits exceeding $10 million from the TRUMP token, while most retail investors remain at break-even.

MicroStrategy, under Michael Saylor's leadership, has accumulated 461,000 Bitcoin valued at nearly $49 billion. The firm continues its acquisition strategy, recently adding $1 billion worth of Bitcoin to its holdings. Meanwhile, Bitcoin reached a record price of $109,114 on Jan. 20 before settling at around $105,000 at press time.

David Sacks, the new White House crypto advisor, defined non-fungible tokens (NFTs) and meme coins as "collectibles" rather than securities or commodities. In a Fox Business interview, Sacks compared these digital assets to baseball cards and stamps, specifically referencing the Official Trump (TRUMP) meme coin. The Trump coin continued to plummet in value over the weekend.

Senator Elizabeth Warren and Representative Jake Auchincloss sent a letter to federal regulators requesting an investigation into Trump and Melania meme coins launched on Solana. The legislators expressed concerns about potential conflicts of interest, consumer protection issues, and national security implications of the Trump-linked cryptocurrencies.

Vitalik Buterin criticized 'Politician Coins,' stating that cryptocurrencies issued by politicians are "a perfect bribery vehicle." He explained that simply buying and holding these coins increases the value of politicians' holdings, with the "deniability" aspect allowing people to claim they're merely speculating while effectively donating to issuers through price appreciation