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$TRUMP Ally’s Crypto Connections in El Salvador Under Scrutiny Commerce Chief’s Ties to Tether Please follow me 🙏 Former Commerce Secretary Howard Lutnick, closely linked to El Salvador through business interests, has come under scrutiny for his firm Cantor Fitzgerald’s stake in the crypto giant Tether. The company reportedly holds a 5% stake in Tether and manages much of its $134 billion in assets—mostly U.S. Treasuries. Deepening Links with Bukele's Regime Tether relocated to El Salvador in 2024, taking advantage of crypto-friendly policies and tax breaks. The firm has since invested heavily in real estate and infrastructure projects including a proposed 70-storey HQ in San Salvador. Tether figures have close ties to President Nayib Bukele’s inner circle. Rumble Deal Raises Eyebrows Cantor also facilitated a $775M investment from Tether into Rumble, a conservative video platform. Just after the deal, Rumble secured a cloud services contract with Bukele’s government, emphasizing “shared values.” Despite heavy losses, Rumble now counts Tether as its largest shareholder. Regulatory Concerns Tether, long dogged by accusations of inadequate reserves and involvement in illicit finance, has faced multiple investigations. A 2021 settlement with U.S. regulators found it misrepresented its backing for USDT. Lutnick has defended Tether, claiming to have personally verified its holdings. Political Fallout During Lutnick’s confirmation hearings, Senator Elizabeth Warren questioned his judgment given his deep ties to Tether, which she described as a “facilitator of criminal activity.” Lutnick disclosed Cantor’s convertible bond deal worth $600M and personal holdings in Rumble. Expanding Influence Several former Rumble executives, including David Sacks and Ethan Fallang, have transitioned into Trump administration roles. Prominent officials, including Dan Bongino and Tulsi Gabbard, also hold stakes in Rumble, raising questions about conflicts of interest as crypto policy is shaped. #TrumpTariffs Thankyou
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$XRP ’s Speed Advantage: Ripple CEO Highlights Real-Time Payments Ripple CEO Brad Garlinghouse has shed new light on what sets XRP apart from Bitcoin, emphasizing its power to revolutionize cross-border banking through real-time value transfer. ⚡ Three-Second Transfers with XRP Unlike Bitcoin’s average 10-minute transaction time, XRP completes transfers in just three seconds. This lightning-fast processing makes it ideal for global financial operations, particularly where speed and liquidity are critical. In a recent video, Garlinghouse explained how XRP enables instant settlement for international payments, solving a key inefficiency in the banking sector. This speed not only improves convenience but also helps institutions manage liquidity in real-time. 💸 On-Demand Liquidity: A Game Changer Traditionally, banks have relied on prefunded accounts in multiple currencies to facilitate global transactions. Ripple eliminates this need by using XRP as a bridge asset, unlocking on-demand liquidity in major fiat currencies. This model significantly reduces overhead, cuts costs, and improves cash flow efficiency. By freeing capital tied up in dormant reserves, XRP allows banks to move money dynamically and securely, without intermediaries or long delays. 🌍 Building a Global Bridge Ripple envisions XRP as a universal connector for institutional payment networks, reducing the need for banks to maintain multiple currency holdings. This not only enhances capital efficiency but also promotes faster, more transparent global settlements. In a fragmented financial system, XRP provides a unified solution—bridging borders, lowering costs, and enabling a more fluid financial infrastructure built on blockchain. #CryptoCPIWatch Thankyou Please follow me🙏
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$OM Token Supply Update: What Crypto Traders Need to Know The OM token has entered a pivotal phase following its mainnet launch, with fresh details emerging about its circulating supply and fully diluted valuation (FDV). Two new educational videos have clarified how the supply will evolve—providing crucial insights for traders navigating this volatile landscape. 🪙 Circulating Supply: Impact on Price & Liquidity The OM team revealed that circulating supply will increase post-mainnet. While specifics remain limited, this change could affect liquidity, market cap calculations, and short-term price dynamics. As of May 14, OM is trading at $0.72, up 3.2% in 24 hours, reflecting early optimism. However, supply inflation could weigh on price if demand doesn't keep pace. 📈 Key Market Signals and Volume Trends The announcement sparked an 18% spike in 24-hour trading volume, hitting $5.2 million on Binance and KuCoin. OM broke past the $0.70 resistance, with RSI at 58 on the 4-hour chart—suggesting more room to rally. However, a flat MACD implies uncertain momentum. On-chain metrics from Dune show a 12% rise in unique holders, reaching 45,000 wallets. This signals rising retail interest, while ETH-OM correlation (0.75) hints Ethereum’s trajectory could influence OM’s next moves. 🌐 Broader Market Context The OM update comes amid a recovering crypto market. Bitcoin trades at $61,500, and Ethereum near $2,900. Tech stocks also surged, with the NASDAQ up 1.3%, reflecting renewed risk-on sentiment. This macro backdrop may fuel further inflows into altcoins like OM. 🔍 Final Take The OM token’s post-mainnet strategy opens both opportunity and risk. If the team introduces supply-control mechanisms or staking incentives, it may support long-term value. But traders must remain alert—as volatility, market sentiment, and institutional flows will define what comes next. #BinanceAlphaAlert Thankyou🙏 Please Follow me @Rosy Ruma
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$ETH Surges 50% in One Week: Can It Hit $4,000? Ethereum has stunned the crypto market with a 50% surge in just seven days, dramatically outpacing major rivals and reigniting investor excitement. Amid favorable macroeconomic shifts and technical tailwinds, ETH is once again under the spotlight. 📈 Macroeconomic Winds Fuel the Rally With U.S. inflation slowing—just 0.2% CPI increase in April—expectations of a Federal Reserve rate cut have returned. This macro backdrop has pushed investors back toward risk assets, including undervalued altcoins. Ethereum, often seen as a tech-forward bet, has become the primary beneficiary. 💹 ETH Outpaces Bitcoin and Altcoins While Bitcoin climbed 12% over the past week, Ethereum’s 50% gain marks a significant outperformance. Other cryptos like Solana and Dogecoin saw only single-digit growth. Ethereum’s transaction volume and momentum indicators confirm a robust upward trend. 🛠️ Beyond Tech: Sentiment Over Structure Interestingly, this rise comes despite Ethereum’s latest upgrade, Pectra, not having an immediate impact on price. Instead, the rally appears driven by investor sentiment, macro shifts, and a broad repositioning into digital assets after months of stagnation. 🌕 “Moon Shot” in Sight? Veteran trader Peter Brandt has pointed to a bullish breakout pattern on Ethereum’s chart, predicting a rally toward $4,000. His analysis is echoed by former Goldman Sachs executive Raoul Pal, who views this as part of a deeper crypto cycle reversal. ⚠️ The Road Ahead Despite optimism, Ethereum’s long-term future remains debated. Critics like Cardano’s Charles Hoskinson foresee challenges ahead. But for now, ETH stands as a clear leader in this market revival—charging ahead with confidence, yet navigating the ever-present volatility of crypto. Thankyou🙏 Please follow me @Rosy Ruma
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Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency A little-known tech company with ties to China has announced plans to purchase up to $300 million worth of $TRUMP , the memecoin linked to former President Donald Trump — despite having reported zero revenue last year. 🧩 A Curious Crypto Move GD Culture Group, a Nasdaq-listed company with only eight employees and a Chinese subsidiary, revealed it would invest in Bitcoin and $TRUMP using proceeds from a stock sale to an unnamed entity based in the British Virgin Islands. This revelation raised immediate concerns about ethics, transparency, and foreign influence. The firm, which produces content on TikTok, said it aims to “enhance its balance sheet with high-performance digital assets,” but offered no details on its mysterious backer or how much of the $300 million has been received. ⚠️ Foreign Interests & Ethical Questions The announcement has intensified scrutiny over Trump’s crypto ventures, which funnel profits directly to the Trump family. Ethics experts and lawmakers are raising alarms, especially as foreign investors increasingly use cryptocurrency as a means to curry favor with U.S. political figures. Senator Chris Murphy noted this new trend of overseas funding during a speech in the Senate, warning of legal and constitutional risks. First China-Linked Buyer of $TRUMP If completed, GD Culture’s purchase would be the first known acquisition of TRUMP a China-linked company. Its financial reports acknowledge potential influence by the Chinese government, adding another layer of complexity. 📉 A Pattern of Profit Trump launched the TRUMP just days before his inauguration. The memecoin has seen dramatic price swings, sparking speculative trading and generating significant revenue for the Trump family — including exclusive events for top buyers. While federal law bans foreign donations to political campaigns, crypto offers a new path for financial support — one that remains dangerously opaque. #TRUMP Follow me
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