Bitcoin Hits $109K as Optimism Surrounds Trump’s Pro-Crypto Presidency
Bitcoin (BTC) has surged to a new all-time high, surpassing $109,000, as optimism grows in the cryptocurrency market. This rally aligns with Donald Trump’s inauguration as the 47th U.S. president, whose pro-crypto policies have spurred institutional demand and market confidence.
Trump Memecoin Gains Momentum
Newly launched cryptocurrencies, such as the Solana-based TRUMP memecoin, are drawing significant investor attention. Following Trump’s promotion on social media, the token’s value skyrocketed to $70, with over 850,000 holders globally. Briefly, its market cap placed it among the top 10 cryptocurrencies.
Despite a correction, TRUMP remains a leading meme coin, ranking 18th by market cap and trailing only DOGE and SHIB. Analysts predict it could be a lucrative long-term investment, as it continues to gain traction even in Bitcoin’s shadow.
Oobit Revolutionizes Crypto Payments
Singapore-based crypto company Oobit is reshaping cryptocurrency payments with its Tap & Pay feature, allowing users to purchase goods from over 100 million retailers worldwide using crypto assets. The platform, compatible with iOS and Android, enables users to fund their accounts with cryptocurrencies like Bitcoin, Ethereum, and now the TRUMP token.
In response to the TRUMP token frenzy, Oobit has integrated support for it, enabling EU users to make everyday purchases, including at McDonald’s, using the Tap & Pay feature. The company shared a video demonstrating the ease of using TRUMP tokens for contactless payments.
Oobit’s Global Expansion Plans
Since its 2017 launch, Oobit has revolutionized crypto payments, offering fast, secure, and user-friendly transaction services. The company is expanding into new markets, including the UAE, Asia-Pacific, Canada, and Australia, while focusing on developing a Web3 gateway and integrating external wallets.
Additionally, Oobit is pursuing a Financial Services Regulatory Authority license from Abu Dhabi Global Market (ADGM) to strengthen its regional presence.
Blending Crypto with Traditional Finance
Oobit’s collaboration with traditional financial institutions highlights its mission to bridge the gap between crypto and everyday transactions. By simplifying crypto payments and enhancing accessibility, Oobit is driving mainstream adoption of digital currencies, marking a pivotal shift in how crypto is used in daily life.
