Author: CoinNewsJunction.com
The Trump family isn’t done with memes. The U.S. president’s media group, Trump Media & Technology Group (TMTG), announced its “Digital Token Initiative” this week. Shareholders of TMTG, according to the release, will soon be eligible to receive a digital token linked to the MAGA-focused Truth Social platform. These tokens can’t be transferred, exchanged for cash, or traded on Polymarket—yet. Still, Polymarket traders are betting a 27% chance Trump will launch a full-fledged cryptocurrency before the year is out. Summary Shareholders of TMTG will soon be eligible to receive a digital token linked to the MAGA-focused Truth Social platform. These…
A 15-foot-tall statue of former President Donald Trump, cast in bronze and gilded in gold leaf, has a home: a 7,000-pound pedestal at one of Trump’s golf resorts. But this monument, dubbed “Don Colossus,” is not just a tribute to the 34-felony-count president. According to the New York Times, it’s at the heart of a bizarre cryptocurrency venture that’s seen a rollercoaster of financial hopes, legal disputes, and strange alliances — and it may just be the wildest moneymaking scheme of the Trump era. Summary A 15-foot statue of Trump was used to promote the struggling PATRIOT memecoin, which lost…
Robert Kiyosaki says market crashes favor buyers, signaling plans to accumulate bitcoin while also adding gold and silver as long-term hedges against fiat money and financial instability. Robert Kiyosaki Says Market Crash Signals Opportunity, Not Fear Rich Dad Poor Dad author Robert Kiyosaki shared on social media platform X on Feb. 1 his views on […] Source link
Velo Ecosystem Components Align With Emerging BRICS Payment Rail Requirements
TLDR: BRICS Pay treats USDT as temporary bridge, signaling migration toward purpose-built settlement alternatives. Velo combines distribution layer Orbit Plus with USDV stablecoin for settlement and PayFi-style operations. USD1 integration and potential XRPL connection position Velo for multi-asset, multi-rail settlement strategy. Geographic network spanning Asia payments and US liquidity creates potential West-East interoperability layer. The conversation around BRICS payment systems has shifted from theoretical currency discussions to practical infrastructure development. Marco Salzmann, a market analyst, recently outlined how payment rails, interoperability frameworks, and settlement mechanisms represent the actual technical challenge facing the BRICS bloc. The analysis points to existing…
Bitcoin’s price action has fallen into bearish territory after dropping below an important previous low that had supported the rally for months. At the time of writing, Bitcoin is trading at $78,560 after falling to as low as $77,082 in the past 24 hours, a move that crypto analyst XForceGlobal says represents a significant change in the technical structure. According to his detailed Elliott Wave analysis shared on X, the price action has now invalidated the bullish framework many traders were relying on, and lower levels are becoming more likely in the coming weeks and months. Related Reading Breakdown Below…
this is how payments get de-risked
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Today, stablecoins already move real money and power a large share of on-chain settlement. McKinsey puts daily stablecoin transaction volumes at roughly $30 billion, and if that figure is even close to reality, calling stablecoins “experimental” is absurd. Still, mass adoption isn’t here. Summary Stablecoins aren’t blocked by regulation — they’re blocked by liability: businesses won’t adopt payments where responsibility for errors, disputes, and compliance is unclear. Interoperability, not speed, is the real scaling bottleneck: without standardized…
The crypto trader known as the “Hyperunit whale” rose to prominence after reportedly making about $200 million by shorting major cryptocurrencies, including Bitcoin and Ether, just ahead of US President Donald Trump’s tariff announcement that triggered the October market crash. The trader has since suffered heavy losses after taking a large long position. The development came to light after blockchain analytics firm Arkham Intelligence revealed that the whale had emptied its entire ETH treasury into Hyperliquid, resulting in estimated losses of around $250 million. The hyperunit whale’s loss incident sparks concerns in the crypto industry Concerning the hyperunit whale’s trending news,…
Robinhood CEO Advocates Blockchain Tokenization to Prevent GameStop-Style Trading Halts
TLDR: GameStop crisis stemmed from outdated two-day settlement infrastructure requiring massive broker deposits. Robinhood successfully operates over 2,000 tokenized US stock tokens in European markets with full functionality. Current SEC leadership and proposed CLARITY Act create favorable conditions for US equity tokenization adoption. Blockchain-based real-time settlement eliminates systemic risk that forced 2021 trading restrictions on investors. Robinhood CEO Vlad Tenev marked the fifth anniversary of the GameStop trading crisis by advocating for blockchain-based equity tokenization. The 2021 incident forced brokers to halt meme stock purchases due to outdated settlement infrastructure. Tenev believes tokenization can eliminate such restrictions through real-time…
Robert Kiyosaki expressed regret over selling bitcoin, calling it a mistake as he reaffirmed plans to accumulate more BTC and hard assets amid currency debasement concerns and long-term distrust of fiat money. Robert Kiyosaki Confirms Bitcoin Conviction After Calling Sale a Mistake Rich Dad Poor Dad author Robert Kiyosaki shared on social media platform X […] Source link
South Dakota Considers Bitcoin Reserves as Lawmakers Introduce House Bill 1155
TLDR: House Bill 1155 proposes adding Bitcoin as an authorized investment for select South Dakota public funds The bill caps Bitcoin allocations at ten percent of state moneys made available for investment Strict custody standards require regulated custodians or secure state-controlled storage solutions The proposal defines Bitcoin narrowly to the original proof-of-work network starting in 2009 South Dakota moves toward Bitcoin reserves amid growing state interest following the introduction of House Bill 1155 in the state legislature. Sponsored by Representative Manhart, the proposal seeks to authorize Bitcoin as an eligible investment for certain public funds. The bill modifies existing…
