De-dollarization Concerns, Crypto Investments, and Ulbricht’s Release: A Roundup

January 21st, 2025 witnessed a flurry of news across the cryptocurrency and financial landscapes. Concerns surrounding the potential impact of de-dollarization on various currencies are rising, while the crypto exchange space is experiencing significant capital infusion. A high-profile case involving the Silk Road founder also took center stage.

5 Currencies Vulnerable to De-dollarization?

A recent article highlights potential vulnerabilities in 5 currencies if de-dollarization efforts gain momentum. The analysis discusses factors that may affect these currencies. (Source)

GRVT Exchange Secures $5 Million Funding

Crypto exchange GRVT secured $5 million in funding from Further Ventures, a venture capital firm backed by Abu Dhabi’s sovereign wealth fund ADQ. This injection of capital signals a continued interest in the ZKsync-based crypto exchange platform. (Source)

Silk Road Founder Set for Release

A significant development in the legal arena saw Elon Musk confirm the potential release of Ross Ulbricht, the founder of the Silk Road online marketplace, after 12 years in prison. The news stems from a pledge by Donald Trump during his 2024 campaign to commute Ulbricht’s sentence. (Source)

Ramaswamy Exits DOGE Role

Former presidential candidate Vivek Ramaswamy has stepped down from his position at the Department of Government Efficiency (DOGE), a project spearheaded by Elon Musk. Ramaswamy’s departure from co-leading DOGE marks a shift in the department’s leadership structure. (Source)

iEXEC RLC Token Outlook

Analysis of the iEXEC RLC token’s investment potential is also available, covering insights into its market value for the years 2025-2031. This analysis explores various factors and provides an overview of the platform, RLC token usage, and the broader market. (Source)