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Trump-related Crypto Wallet Disappears After Cease and Desist: Internal Battle for the Brand
A cryptocurrency wallet linked to former President Donald Trump's meme coin ceased operations on Thursday, just hours after the project received a cease and desist order from another crypto project also related to Trump, threatening legal action. This incident highlights the complicated internal battle over the use of the Trump brand in the cryptocurrency space.
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Analysis of 3 Coins with Low Growth Potential According to the Community: C98, NEO, HMSTR
Introduction
In the context of a booming cryptocurrency market with expectations for an altcoin season at the end of 2025, not every coin is highly regarded by the community for its growth potential. Coin98 (C98), NEO, and Hamster Kombat (HMSTR) are three coins seen as struggling to break through due to many technological limitations, competition, and market sentiment. This article provides a detailed analysis of why the community lacks confidence in these coins, based on current prices (C98: $0.048 USD, NEO: $5.76 USD, HMSTR: $0.002 USD, according to CoinMarketCap, date 06/06/2025), market performance, and developmental challenges, while also offering suggestions for investors in the USA and international markets.
In the context of a booming cryptocurrency market with expectations for an altcoin season at the end of 2025, not every coin is highly regarded by the community for its growth potential. Coin98 (C98), NEO, and Hamster Kombat (HMSTR) are three coins seen as struggling to break through due to many technological limitations, competition, and market sentiment. This article provides a detailed analysis of why the community lacks confidence in these coins, based on current prices (C98: $0.048 USD, NEO: $5.76 USD, HMSTR: $0.002 USD, according to CoinMarketCap, date 06/06/2025), market performance, and developmental challenges, while also offering suggestions for investors in the USA and international markets.
Zenobia Flud bpgm:
c98 chia đôi giá này là còn ít
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BRCA Act: Strengthening Blockchain Innovation in the U.S.
Many leading crypto policy organizations in the U.S., including the DeFi Education Fund, Coin Center, and the Solana Policy Institute, have jointly urged Congress to pass the Blockchain Regulatory Certainty Act (#BRCA ). This bipartisan bill aims to protect blockchain developers and infrastructure providers from traditional financial regulations regarding user assets, promoting innovation in the cryptocurrency sector.
BRCA, led by Representatives Tom Emmer and Ritchie Torres, ensures that decentralized platforms are not subject to regulations like money transmitting businesses. Combined with the Digital Asset Market Clarity Act of 2025, BRCA will create a clear legal environment, helping the U.S. maintain its leadership position in blockchain technology. With the current price of Bitcoin around >$100,000 (according to Binance, on 06/06/2025), DeFi and Web3 projects on Solana and Ethereum could greatly benefit from this policy, opening up long-term investment opportunities in markets such as #USA and Japan.
Risk Warning: The information in this article is for reference only and is not investment advice. #anhbacong
Many leading crypto policy organizations in the U.S., including the DeFi Education Fund, Coin Center, and the Solana Policy Institute, have jointly urged Congress to pass the Blockchain Regulatory Certainty Act (#BRCA ). This bipartisan bill aims to protect blockchain developers and infrastructure providers from traditional financial regulations regarding user assets, promoting innovation in the cryptocurrency sector.
BRCA, led by Representatives Tom Emmer and Ritchie Torres, ensures that decentralized platforms are not subject to regulations like money transmitting businesses. Combined with the Digital Asset Market Clarity Act of 2025, BRCA will create a clear legal environment, helping the U.S. maintain its leadership position in blockchain technology. With the current price of Bitcoin around >$100,000 (according to Binance, on 06/06/2025), DeFi and Web3 projects on Solana and Ethereum could greatly benefit from this policy, opening up long-term investment opportunities in markets such as #USA and Japan.
Risk Warning: The information in this article is for reference only and is not investment advice. #anhbacong
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The People's Bank of China (#PBOC ) has just injected 1 trillion yuan, equivalent to about 139 billion USD, into the financial system.
The scale of this cash injection is equivalent to a 0.5% reduction in the reserve requirement ratio, indicating that China is proactively supporting economic growth.
Crypto enthusiasts are curious about what percentage of this money is funneled into cryptocurrency? I think it will be negligible; the Chinese still prioritize real estate as their top asset #anhbacong
The scale of this cash injection is equivalent to a 0.5% reduction in the reserve requirement ratio, indicating that China is proactively supporting economic growth.
Crypto enthusiasts are curious about what percentage of this money is funneled into cryptocurrency? I think it will be negligible; the Chinese still prioritize real estate as their top asset #anhbacong
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U.S. seizes $7.7 million in cryptocurrency from North Korea's IT network: A positive signal for security
In an effort to enhance security and legal compliance in the cryptocurrency market, the U.S. Department of Justice (DOJ) is vigorously cracking down on a network of programmers and IT staff from North Korea. The DOJ accuses this group of having "earned" millions of dollars in cryptocurrency by using fake identities and working remotely for global blockchain companies, then laundering the money and transferring it back to the Pyongyang government, which is under heavy international sanctions.
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Aave launches Umbrella: Real insurance for DeFi, but who dares to stake GHO?
$AAVE has just deployed a new staking system called Umbrella, replacing the old insurance model that only existed in theory. With Umbrella, the risk of liquidation (slashing) now occurs automatically and in real-time, directly tied to each specific asset rather than relying on community voting.
Highlights of #Umbrella :
Each vault is an ERC-4626 strategy, allowing staking of assets like $USDC , USDT, $ETH , or GHO.
Stakers receive interest from lending and an additional “Safety Incentive” reward.
When bad debt exceeds the allowable limit, the vault will automatically burn assets without the need for a vote.
Opportunities and paradox:
The USDC and USDT vaults currently have an interest rate of over 10% APY.
However, with GHO, a paradox arises: sGHO (non-risky) is yielding ~7%, higher than stkGHO (risky) at only ~5%, causing dissatisfaction among many stakers. Proposals are being made to correct this discrepancy by increasing rewards or adjusting the fund.
Risks to consider:
Umbrella increases the probability of slashing, but it is limited to the specific assets you have staked.
There is a withdrawal lock-up period (20 days) and smart contract risk.
This is a shift from “voluntary insurance” to a more effective and practical protection mechanism — literally “betting with your own money.”
⚠️ Risk warning: DeFi staking always carries the risk of capital loss. Users should research thoroughly before participating. #anhbacong
$AAVE has just deployed a new staking system called Umbrella, replacing the old insurance model that only existed in theory. With Umbrella, the risk of liquidation (slashing) now occurs automatically and in real-time, directly tied to each specific asset rather than relying on community voting.
Highlights of #Umbrella :
Each vault is an ERC-4626 strategy, allowing staking of assets like $USDC , USDT, $ETH , or GHO.
Stakers receive interest from lending and an additional “Safety Incentive” reward.
When bad debt exceeds the allowable limit, the vault will automatically burn assets without the need for a vote.
Opportunities and paradox:
The USDC and USDT vaults currently have an interest rate of over 10% APY.
However, with GHO, a paradox arises: sGHO (non-risky) is yielding ~7%, higher than stkGHO (risky) at only ~5%, causing dissatisfaction among many stakers. Proposals are being made to correct this discrepancy by increasing rewards or adjusting the fund.
Risks to consider:
Umbrella increases the probability of slashing, but it is limited to the specific assets you have staked.
There is a withdrawal lock-up period (20 days) and smart contract risk.
This is a shift from “voluntary insurance” to a more effective and practical protection mechanism — literally “betting with your own money.”
⚠️ Risk warning: DeFi staking always carries the risk of capital loss. Users should research thoroughly before participating. #anhbacong
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Plume launches Genesis Mainnet with 150 million USD RWA: Opening a new era for DeFi
Event #Plume officially launches Genesis Mainnet marking an important milestone, opening the "next generation" of decentralized finance (DeFi) by connecting traditional assets (RWA) with blockchain. Backed by major names like Apollo, Blackstone, and Invesco, Plume is reshaping the flow of capital in the crypto space.
On launch day, Plume successfully integrated over 150 million USD in real assets into the ecosystem, allowing them to be tokenized and utilized in DeFi applications. The connection with leading DeFi protocols like Curve and Morpho further ensures these assets circulate effectively. Plume also received strategic investment from #ApolloGlobalManagement , strengthening its solid position and has now welcomed over 4 billion USD in assets. Users were able to receive airdrop of PLUME tokens.
Plume also emphasizes transparency and data analysis through integration with RWA.xyz. In particular, Plume collaborates with 0G to deploy RWAI Agents (combining AI with RWA), helping to automate analysis and risk management. The company also plans to expand into many new asset classes such as artworks and precious metals.
Before the mainnet, Plume successfully raised 20 million USD from renowned investment funds. Although the price of PLUME is volatile, Plume's launch #GenesisMainnet with strong support and a broad vision is signaling more positive outcomes, opening a new era for the cryptocurrency market.
The information in this article is for reference only and should not be considered investment advice. #anhbacong
Event #Plume officially launches Genesis Mainnet marking an important milestone, opening the "next generation" of decentralized finance (DeFi) by connecting traditional assets (RWA) with blockchain. Backed by major names like Apollo, Blackstone, and Invesco, Plume is reshaping the flow of capital in the crypto space.
On launch day, Plume successfully integrated over 150 million USD in real assets into the ecosystem, allowing them to be tokenized and utilized in DeFi applications. The connection with leading DeFi protocols like Curve and Morpho further ensures these assets circulate effectively. Plume also received strategic investment from #ApolloGlobalManagement , strengthening its solid position and has now welcomed over 4 billion USD in assets. Users were able to receive airdrop of PLUME tokens.
Plume also emphasizes transparency and data analysis through integration with RWA.xyz. In particular, Plume collaborates with 0G to deploy RWAI Agents (combining AI with RWA), helping to automate analysis and risk management. The company also plans to expand into many new asset classes such as artworks and precious metals.
Before the mainnet, Plume successfully raised 20 million USD from renowned investment funds. Although the price of PLUME is volatile, Plume's launch #GenesisMainnet with strong support and a broad vision is signaling more positive outcomes, opening a new era for the cryptocurrency market.
The information in this article is for reference only and should not be considered investment advice. #anhbacong
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Saylor "into number 4": Strategy raises 1 billion USD to acquire more Bitcoin
Company #strategy (formerly MicroStrategy) has increased the scale of its preferred stock offering STRD from 250 million USD to 1 billion USD, with the main goal: to acquire more Bitcoin.
Each STRD share will be publicly sold at 85 USD, paying a quarterly dividend of 10%, but it does not accumulate if the payment period is missed. Compared to the two previous products, STRF and STRK, STRD cannot be converted into common stock, has no maturity date, and cannot be called (non-callable).
According to #MichaelSaylor – co-founder and Chairman of Strategy – STRD is the "fourth gear" in the "Bitcoin engine" that the company is building. "Our goal is to leverage Bitcoin through an optimal stock issuance strategy," he said.
This strategy helps Strategy raise 979 million USD in cash, most of which will be used to buy more BTC. As of now, the company holds 580,995 BTC, worth about 60.9 billion USD, amid Bitcoin currently trading around 104,638 USD.
Although STRD has lower price sensitivity to $BTC , STRD investors rank behind STRF and STRK in terms of priority, but still higher than common shareholders.
📌 With this move, Strategy continues to strengthen its position as the organization holding the most Bitcoin in the world – and adding buying pressure to the crypto market.
⚠️ Risk warning: The crypto market is always highly volatile and carries risks. This is not investment advice. #anhbacong
Company #strategy (formerly MicroStrategy) has increased the scale of its preferred stock offering STRD from 250 million USD to 1 billion USD, with the main goal: to acquire more Bitcoin.
Each STRD share will be publicly sold at 85 USD, paying a quarterly dividend of 10%, but it does not accumulate if the payment period is missed. Compared to the two previous products, STRF and STRK, STRD cannot be converted into common stock, has no maturity date, and cannot be called (non-callable).
According to #MichaelSaylor – co-founder and Chairman of Strategy – STRD is the "fourth gear" in the "Bitcoin engine" that the company is building. "Our goal is to leverage Bitcoin through an optimal stock issuance strategy," he said.
This strategy helps Strategy raise 979 million USD in cash, most of which will be used to buy more BTC. As of now, the company holds 580,995 BTC, worth about 60.9 billion USD, amid Bitcoin currently trading around 104,638 USD.
Although STRD has lower price sensitivity to $BTC , STRD investors rank behind STRF and STRK in terms of priority, but still higher than common shareholders.
📌 With this move, Strategy continues to strengthen its position as the organization holding the most Bitcoin in the world – and adding buying pressure to the crypto market.
⚠️ Risk warning: The crypto market is always highly volatile and carries risks. This is not investment advice. #anhbacong
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From Medical Tech to Bitcoin Treasure: Know Labs Wants to Buy 1,000 BTC
Medical tech company #KnowLabs (stock code: $KNW) has just surprised everyone by announcing plans to buy 1,000 Bitcoin – worth more than $100 million – despite having no previous involvement with crypto.
The move comes as Greg Kidd, an investor who has backed Twitter, Coinbase, Solana and Robinhood, is taking control of Know Labs and will become its new CEO after the deal is completed. Kidd stated: “The Bitcoin strategy will create sustainable growth and long-term shareholder value.”
Know Labs’ stock price has increased 71% in just one day, reaching $0.87, amid a strong recovery for Bitcoin, currently trading around $105,000.
Know Labs is one of dozens of public companies that are “boarding the Bitcoin train,” following the model of Strategy – a company that currently holds $BTC worth nearly $61 billion.
The trend of corporate crypto hoarding accelerated after President Donald Trump signed a series of executive orders supporting the crypto market, including requiring the US Treasury to accumulate Bitcoin and protecting the right to self-custody of digital assets.
📌 If the Know Labs deal is completed, this will be a notable turning point in popularizing Bitcoin in traditional finance, especially in the field of health technology.
⚠️ Risk warning: Investing in the crypto market can bring high profits but comes with great volatility. Consider carefully before deciding. #anhbacong
Medical tech company #KnowLabs (stock code: $KNW) has just surprised everyone by announcing plans to buy 1,000 Bitcoin – worth more than $100 million – despite having no previous involvement with crypto.
The move comes as Greg Kidd, an investor who has backed Twitter, Coinbase, Solana and Robinhood, is taking control of Know Labs and will become its new CEO after the deal is completed. Kidd stated: “The Bitcoin strategy will create sustainable growth and long-term shareholder value.”
Know Labs’ stock price has increased 71% in just one day, reaching $0.87, amid a strong recovery for Bitcoin, currently trading around $105,000.
Know Labs is one of dozens of public companies that are “boarding the Bitcoin train,” following the model of Strategy – a company that currently holds $BTC worth nearly $61 billion.
The trend of corporate crypto hoarding accelerated after President Donald Trump signed a series of executive orders supporting the crypto market, including requiring the US Treasury to accumulate Bitcoin and protecting the right to self-custody of digital assets.
📌 If the Know Labs deal is completed, this will be a notable turning point in popularizing Bitcoin in traditional finance, especially in the field of health technology.
⚠️ Risk warning: Investing in the crypto market can bring high profits but comes with great volatility. Consider carefully before deciding. #anhbacong
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Trump's "Big Beautiful Bill" Could Push the U.S. into Default Risk – and the Role of Bitcoin
Discussions about the possibility of U.S. default often revolve around not raising the debt ceiling, but a recent analysis provided a different perspective, focusing on the potential consequences of Donald Trump's budget bill, which he calls "The One Big Beautiful Bill." Although U.S. Treasury Secretary Scott Bessent insists that the U.S. will "never default," this view may be overly optimistic.
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CLARITY Bill: A 'Backdoor' for Traditional Finance to Evade Regulations via Blockchain?
During a special hearing on Friday, the Democratic Party in the U.S. House raised alarms about bill #CLARITYAct – a new legal framework aimed at regulating the digital asset market in the U.S.
Concern: this bill would exempt most digital assets from SEC oversight, creating a loophole for traditional financial companies like Robinhood to switch to blockchain to evade regulations, reduce costs, and bypass investor protection obligations like SIPC insurance.
Policy expert Amanda Fischer warns: "The loophole in CLARITY not only affects crypto but could disrupt the entire U.S. financial system." She argues that if the law is passed, companies will use excuses like "DeFi", "meme coin", or "airdrop" to avoid being classified as offering securities.
CLARITY also establishes a two-tier classification system for crypto: most tokens are considered digital commodities, not under the jurisdiction of #SEC , while securities-like tokens will have to undergo a complex process to be recognized as a "mature blockchain system".
Even some Democratic lawmakers friendly to crypto, like Sam Liccardo, are concerned that the bill is too lax with DeFi, a rapidly growing sector that could account for a large portion of transactions in the future.
⚠️ Risk Warning: The bill may affect the legal framework for crypto in the U.S. Investing in digital assets always carries risks and requires careful assessment. #anhbacong
During a special hearing on Friday, the Democratic Party in the U.S. House raised alarms about bill #CLARITYAct – a new legal framework aimed at regulating the digital asset market in the U.S.
Concern: this bill would exempt most digital assets from SEC oversight, creating a loophole for traditional financial companies like Robinhood to switch to blockchain to evade regulations, reduce costs, and bypass investor protection obligations like SIPC insurance.
Policy expert Amanda Fischer warns: "The loophole in CLARITY not only affects crypto but could disrupt the entire U.S. financial system." She argues that if the law is passed, companies will use excuses like "DeFi", "meme coin", or "airdrop" to avoid being classified as offering securities.
CLARITY also establishes a two-tier classification system for crypto: most tokens are considered digital commodities, not under the jurisdiction of #SEC , while securities-like tokens will have to undergo a complex process to be recognized as a "mature blockchain system".
Even some Democratic lawmakers friendly to crypto, like Sam Liccardo, are concerned that the bill is too lax with DeFi, a rapidly growing sector that could account for a large portion of transactions in the future.
⚠️ Risk Warning: The bill may affect the legal framework for crypto in the U.S. Investing in digital assets always carries risks and requires careful assessment. #anhbacong
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Conflict between pure Bitcoin supporters and the MAGA faction at Bitcoin 2025: When Crypto Becomes
The Bitcoin 2025 conference in Las Vegas has become a hotbed of confrontation between pure Bitcoin supporters, who believe in the apolitical nature of 'digital money', and the loyal MAGA (Make America Great Again) faction of former President Donald Trump. The strong presence of Trump insiders has overshadowed the dissenting voices from the proponents of pure Bitcoin, creating a tense and conflicting atmosphere.
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Yuga Labs is proposing to dissolve the ApeCoin DAO to replace it with a new entity controlled by #YugaLabs named ApeCo. Yuga Labs CEO, Greg Solano (Garga), believes that the ApeCoin DAO, which was once a "bold experiment" since 2022, has become "slow, noisy, and often lacking seriousness" in governance.
According to the proposal, all assets and responsibilities of the DAO will be transferred to ApeCo. ApeCo will focus on "driving the APE ecosystem by supporting high-quality builders and reinforcing three core pillars: ApeChain, Bored Ape Yacht Club, and Otherside." This aims to bring "clarity and strategic direction" to the ApeCoin ecosystem, something Solano has emphasized since he returned to the CEO position of Yuga Labs.
If approved, the proposal will completely dissolve #ApeCoin DAO, nullify previous AIP (ApeCoin Improvement Proposals), and terminate working groups as well as the election process. This move is part of Yuga Labs' broader strategy to refocus on its core collections after relinquishing the intellectual property of Moonbirds, CryptoPunks, and Meebits.
The ApeCoin token ($APE ) has dropped more than 7% in the past 24 hours to 0.66 USD, down over 97% from its all-time high in April 2022. However, the initial community reaction to this idea is quite positive, with many supporting the change for greater efficiency. This proposal needs to be considered by the special council of the ApeCoin DAO before being put to a vote.
#anhbacong
According to the proposal, all assets and responsibilities of the DAO will be transferred to ApeCo. ApeCo will focus on "driving the APE ecosystem by supporting high-quality builders and reinforcing three core pillars: ApeChain, Bored Ape Yacht Club, and Otherside." This aims to bring "clarity and strategic direction" to the ApeCoin ecosystem, something Solano has emphasized since he returned to the CEO position of Yuga Labs.
If approved, the proposal will completely dissolve #ApeCoin DAO, nullify previous AIP (ApeCoin Improvement Proposals), and terminate working groups as well as the election process. This move is part of Yuga Labs' broader strategy to refocus on its core collections after relinquishing the intellectual property of Moonbirds, CryptoPunks, and Meebits.
The ApeCoin token ($APE ) has dropped more than 7% in the past 24 hours to 0.66 USD, down over 97% from its all-time high in April 2022. However, the initial community reaction to this idea is quite positive, with many supporting the change for greater efficiency. This proposal needs to be considered by the special council of the ApeCoin DAO before being put to a vote.
#anhbacong
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Sonic Labs announces an 80 million USD Airdrop campaign, expanding to include Americans
Sonic Labs, the organization operating the blockchain previously known as Fantom until the end of 2024, has recently attracted attention by announcing a large-scale airdrop program of up to 200 million S tokens, equivalent to about 80 million USD. The special feature of this campaign is the expansion of participation eligibility to include U.S. citizens, marking Sonic Labs as one of the pioneering projects legally distributing tokens in this challenging market.
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X of Elon Musk partners with Polymarket: Creating a market prediction tool using AI and real data
On June 6, Polymarket became the official prediction platform of social network X (formerly #Twitter ), marking a turning point that combines blockchain, social data, and artificial intelligence.
Both have launched a real-time market analysis tool that combines:
Posts on X,
Event contracts from #Polymarket ,
The Grok AI from xAI (the AI company founded by Elon Musk).
This product helps users understand the reasons behind market fluctuations visually, based on data and contextual analysis. Polymarket CEO – Shayne Coplan – stated that the tool will help millions of users access market information instantly, transparently, and more understandably.
This is just the first product in a series of integrations between X and Polymarket. Both promise to continue launching other "unique experiences" in the near future.
This agreement comes at a time when traditional tech companies like Stripe, Meta, Kalshi, and Robinhood are intensifying their integration of blockchain and digital assets. With peak trading reaching $85 million/day and $463 million in open interest during the 2024 US election season, Polymarket is demonstrating the immense potential of the crypto-application market prediction model.
⚠️ Risk warning: Investing and trading on blockchain platforms always comes with risks. Please do thorough research before participating in the crypto market. #anhbacong
On June 6, Polymarket became the official prediction platform of social network X (formerly #Twitter ), marking a turning point that combines blockchain, social data, and artificial intelligence.
Both have launched a real-time market analysis tool that combines:
Posts on X,
Event contracts from #Polymarket ,
The Grok AI from xAI (the AI company founded by Elon Musk).
This product helps users understand the reasons behind market fluctuations visually, based on data and contextual analysis. Polymarket CEO – Shayne Coplan – stated that the tool will help millions of users access market information instantly, transparently, and more understandably.
This is just the first product in a series of integrations between X and Polymarket. Both promise to continue launching other "unique experiences" in the near future.
This agreement comes at a time when traditional tech companies like Stripe, Meta, Kalshi, and Robinhood are intensifying their integration of blockchain and digital assets. With peak trading reaching $85 million/day and $463 million in open interest during the 2024 US election season, Polymarket is demonstrating the immense potential of the crypto-application market prediction model.
⚠️ Risk warning: Investing and trading on blockchain platforms always comes with risks. Please do thorough research before participating in the crypto market. #anhbacong
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Ethereum Foundation "wakes up" with comprehensive reforms
In the context of a constantly evolving and fiercely competitive cryptocurrency market, the Ethereum Foundation (EF), the governing body of the world’s second-largest blockchain network, announcing a series of extensive changes in budget management and operational governance is signaling a very positive sign. EF asserts that the period of 2025–2026 will be a "turning point" for the Ethereum ecosystem, requiring more proactive and decisive intervention than ever before.
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Fidelity recommends businesses accumulate Bitcoin: Positive signals for the long-term Crypto market
The fact that large asset management corporations are beginning to recommend businesses accumulate Bitcoin in their treasury is an extremely positive signal for the long-term growth potential of the cryptocurrency market. Recently, Fidelity, a gigantic asset management corporation with a scale of up to $4.9 trillion, published a report strongly supporting that businesses should consider adding Bitcoin to their reserve assets.
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Korean entertainment company invests in Bitcoin
Recently, K Wave Media, a South Korean entertainment company listed on #NASDAQ , saw its stock price surge by 143% after announcing plans to allocate a significant portion of the $500 million raised to build a Bitcoin treasury.
This strategy shows that #KWaveMedia is following the footsteps of many other businesses, inspired by the success of companies like MicroStrategy in accumulating Bitcoin. Ted Kim, Co-CEO of K Wave Media, shared that: "Bitcoin is not only a store of value but also a foundation for innovation, independence, and global scalability. By incorporating BTC into our core strategy, we are reinforcing our commitment to decentralization, flexibility, and creating future-oriented value."
In addition to purchasing Bitcoin for long-term holding, K Wave Media also plans to allocate some capital to operate Bitcoin Lightning Network nodes and invest in native blockchain infrastructure. This move not only reflects confidence in Bitcoin but also demonstrates an interest in integrating blockchain technology into core business operations.
The continued investment of large companies like K Wave Media in Bitcoin is a positive sign, indicating the maturity and sustainable growth potential of the cryptocurrency market in the long term.
The information in this article is for reference only and should not be considered investment advice. #anhbacong
Recently, K Wave Media, a South Korean entertainment company listed on #NASDAQ , saw its stock price surge by 143% after announcing plans to allocate a significant portion of the $500 million raised to build a Bitcoin treasury.
This strategy shows that #KWaveMedia is following the footsteps of many other businesses, inspired by the success of companies like MicroStrategy in accumulating Bitcoin. Ted Kim, Co-CEO of K Wave Media, shared that: "Bitcoin is not only a store of value but also a foundation for innovation, independence, and global scalability. By incorporating BTC into our core strategy, we are reinforcing our commitment to decentralization, flexibility, and creating future-oriented value."
In addition to purchasing Bitcoin for long-term holding, K Wave Media also plans to allocate some capital to operate Bitcoin Lightning Network nodes and invest in native blockchain infrastructure. This move not only reflects confidence in Bitcoin but also demonstrates an interest in integrating blockchain technology into core business operations.
The continued investment of large companies like K Wave Media in Bitcoin is a positive sign, indicating the maturity and sustainable growth potential of the cryptocurrency market in the long term.
The information in this article is for reference only and should not be considered investment advice. #anhbacong
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Arrest of the Mastermind Behind Crypto-Related Kidnappings in France
In the context of a rapidly growing cryptocurrency market, ensuring safety for investors and participants is extremely important. Recently, police #morocco arrested Badiss Mohamed Amide Bajjou, a 24-year-old French citizen of Moroccan descent, who is believed to be the mastermind behind a series of kidnappings targeting wealthy individuals in the crypto space in France. This arrest, reported by Le Parisien, demonstrates the efforts of authorities to crack down on crimes related to digital assets.
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Crypto products related to Trump spark controversy in the House
Cryptocurrency products backed by former US President #DonaldTrump are becoming the target of criticism in the House, hindering discussions on digital asset regulations. Representative Maxine Waters (D-CA) expressed concern that Trump wants to funnel people's money into his digital wallet while undermining financial regulatory agencies.
During the hearing on the Digital Asset Market Transparency Act, the announcement of a new digital wallet related to Trump attracted attention. Ms. Waters estimated that the Trump family's wealth has increased by $2.9 billion thanks to his crypto projects, including NFTs, stablecoins, and DeFi projects. She also harshly criticized the exclusive dinner Trump hosted for holders of his top meme coin.
Timothy Massad, former Chairman of the Commodity Futures Trading Commission, emphasized that Trump's potential to profit from creating cryptocurrency regulations is a matter that cannot be overlooked. These controversies highlight the complexities and ethical challenges as cryptocurrency increasingly permeates politics.
Investing in cryptocurrency carries high risks due to significant price volatility. #anhbacong
Cryptocurrency products backed by former US President #DonaldTrump are becoming the target of criticism in the House, hindering discussions on digital asset regulations. Representative Maxine Waters (D-CA) expressed concern that Trump wants to funnel people's money into his digital wallet while undermining financial regulatory agencies.
During the hearing on the Digital Asset Market Transparency Act, the announcement of a new digital wallet related to Trump attracted attention. Ms. Waters estimated that the Trump family's wealth has increased by $2.9 billion thanks to his crypto projects, including NFTs, stablecoins, and DeFi projects. She also harshly criticized the exclusive dinner Trump hosted for holders of his top meme coin.
Timothy Massad, former Chairman of the Commodity Futures Trading Commission, emphasized that Trump's potential to profit from creating cryptocurrency regulations is a matter that cannot be overlooked. These controversies highlight the complexities and ethical challenges as cryptocurrency increasingly permeates politics.
Investing in cryptocurrency carries high risks due to significant price volatility. #anhbacong
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