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Former U.S. President Donald Trump is preparing to launch his own coin, which is set to take place on Wednesday. While some people speculated that it might be a cryptocurrency, Trump’s project is more of a traditional product than a digital asset.

 
New Coin to Support Presidential Campaign
Donald Trump, who is running for the presidency of the United States again, announced the launch of a new coin to raise funds for his election campaign. The project, titled "Silver Medallion First Edition President Trump," aims to distribute physical silver to Americans who support his political vision and want to see him back in office. Although many of his supporters expected Trump to release a cryptocurrency, this new coin is something entirely different.
 Launch of Limited Edition Coin
Trump announced that the coin will be sold for $100 each through the website RealTrumpCoins.com. The coin will be made of 99.9% pure silver and will only be available in a limited edition. One side of the coin will feature Donald Trump’s likeness, while the other side will display the White House accompanied by the phrase "In God We Trust."
 This coin is expected to be one of several activities that Trump undertakes to secure the necessary funding for his campaign ahead of the upcoming presidential elections in the U.S. The coin comes at a time when Trump is actively seeking new ways to bolster his campaign and ensure he has the resources he needs. He stated that this silver coin is the "ONLY OFFICIAL coin" he has designed and that was minted in the U.S. under his leadership.
 Cryptocurrency Expectations Unfulfilled
In recent months, several meme coins featuring themes related to Donald Trump have appeared in the market, capitalizing on his popularity. However, Trump has distanced himself from these unofficial tokens and emphasized during the introduction of his silver coin that:
"I’ve seen a lot of coins using my beautiful face, but they’re not official. RealTrumpCoin.com is the only place to purchase the official Trump coin."
 At first glance, Trump’s announcement of a new official coin might seem related to cryptocurrency, as many of his fans have been expecting him to introduce a digital asset. For instance, last week, 84% of bettors on the Polymarket platform believed that Trump would come out with his own cryptocurrency. This anticipation was fueled by the launch of the World Liberty Financial project, which was speculated to potentially include an official Trump cryptocurrency.
 World Liberty Financial and the True Purpose of the Coin
The World Liberty Financial project does contain a token called WLFI, but this token lacks the key characteristics of a classic cryptocurrency as many had envisioned. Although WLFI has been presented as a type of digital asset, it is not the classic cryptocurrency that Trump fans hoped for. While speculation continues regarding whether Trump will eventually come up with his own cryptocurrency project, the silver coin remains his current official product and focuses more on traditional investment in precious metals.
Thus, Trump continues to favor physical, tangible assets rather than joining the wave of digital assets that currently dominate the financial world.
Trump's fondness for cryptocurrencies.
Donald Trump also commented on the Fatty token before the presidential campaign. #Fatty caught Trump's attention because one of the characters in the game mimics Donald Trump, and they are also counting on Don's participation in their new video clip. The first episode featured UFC Champion Jiří Procházka and world-famous beauty contest winners. Fatty.io is still in presale, and it is expected to be one of the best launches of this period.
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The political deadlock in Washington has pushed the United States into its second day of a government shutdown. And according to prediction platform Polymarket, the outlook is grim: bettors see a strong chance that the standoff will last at least until October 15 — and possibly even longer.

Betting Markets Show Little Faith in Quick Resolution
Polymarket data reveal how little confidence there is in a fast deal. Only 3% of participants believe the shutdown will end by October 5. By contrast, 43% bet it will last until October 15 or later. Another 35% expect a deal between October 10–14, while just 20% see a resolution between October 6–9.

“These numbers highlight the deep distrust in Washington right now. Most of us are betting on a marathon, not a sprint,” one trader said.

Healthcare Becomes the Battleground
At the heart of the conflict lies government funding and healthcare policy. Republicans are pushing for a short-term measure to reopen federal agencies, while Democrats argue such stopgaps only “kick the can down the road.” The fight has intensified over Medicaid subsidies and accusations of expanded benefits for migrants — claims Democrats firmly deny.

“Healthcare has become the battlefield,” noted one Democratic advisor.

Federal Workers Left in Limbo
The consequences are already tangible. Hundreds of thousands of federal employees have been furloughed or are working without pay. “This isn’t just statistics; these are families struggling to pay rent and buy food,” warned Tony Reardon, president of the National Treasury Employees Union.

Crypto Industry Raises Concerns
The crypto sector has also weighed in. The Blockchain Association issued a statement urging bipartisan cooperation, warning that a prolonged shutdown could stall progress on digital asset regulation. “Clear rules for crypto must not fall victim to political games,” the group said.

Uptober vs. Washington Gridlock
Despite the turmoil in Washington, Bitcoin surged past $120,000, in line with the seasonal “Uptober” trend — October has historically been one of the strongest months for BTC. Yet optimism may clash with political reality. Analysts warn that an extended shutdown could delay approvals of highly anticipated Bitcoin ETFs, while the underfunded CFTC may be forced to scale back oversight and rulemaking.

“Markets are riding Uptober momentum, but Washington’s uncertainty remains a constant risk factor,” one analyst noted.

A Race Against Time
With much of Congress closed for Yom Kippur, lawmakers are set to return Friday — but no breakthrough proposal is on the horizon. For now, the U.S. economy, federal workers, and crypto investors are bracing for a prolonged standoff that could stretch well past mid-October.

#USGovernment , #USPolitics , #economy , #bitcoin , #blockchain

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

XRP is capturing the spotlight of institutions and investors alike, largely due to the anticipated approval of the first exchange-traded funds (ETFs). Market activity already suggests rising demand for the token — and October could be a decisive month for XRP.

Futures Market Shows Record Activity
According to data from the Chicago Mercantile Exchange (CME), XRP futures became the fastest contracts in history to reach $1 billion in open interest. Over the past four months, trading volume has surpassed $18 billion, equivalent to roughly 6 billion XRP — about 6% of the token’s total supply.
Analyst Zach Rector, speaking on the Paul Barron podcast, emphasized that these figures confirm significant capital inflows into XRP even before the official launch of ETFs.

ETFs Could Attract Billions
While JPMorgan projects $4–8 billion in inflows during the first year of XRP ETFs, Canary Capital expects as much as $5 billion in the very first month. Rector, however, is even more bullish, predicting $10–20 billion in inflows during the first year, pointing to the record-breaking futures activity as a key indicator.

Retail and Pension Funds as a Stable Driver
ETFs wouldn’t only appeal to institutions. Through access to 401(k) accounts and other pension schemes, XRP funds could also reach everyday investors. Analysts argue this could unlock trillions of dollars in potential exposure over time, with capital earmarked for long-term holding rather than short-term speculation.

October Price Targets: $4 to $4.50?
Currently trading above $3, XRP has short-term price targets firmly in focus. Analysts suggest that an ETF approval could quickly lift the token to $4, with stronger resistance around $4.50. That represents a 50–60% increase from current levels.
While most do not expect XRP to break past $5 in the initial move, the approval of multiple ETFs could set the stage for a more sustained upward trend.

XRP: From Altcoin to Institutional Asset
The appeal of XRP lies not only in speculation but also in its real-world utility in cross-border payments and growing institutional validation. Should ETFs attract inflows in the tens of billions, XRP could evolve from a niche altcoin into a mainstream investment product with long-term potential.
October could therefore mark the month that decides how high XRP can climb in the new ETF era.

#xrp , #Ripple , #CryptoNews , #etf , #CryptoETF

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The crypto market has kicked off October with a strong rebound, and Ethereum (ETH) is once again in the spotlight. After two weeks of battling to turn the $4,500 level into support, the leading altcoin is now testing this barrier. Analysts believe a successful breakout here could trigger a 50% rally in Q4, potentially pushing ETH to $6,900.

Reclaiming Resistance After Correction
Last week, Ethereum bounced 17% from its low of $3,815, climbing back into the mid-range of its macro channel. The cryptocurrency broke through a major selling wall around $4,200–$4,300 and is now facing another crucial resistance near $4,500. Market observer Ted Pillows noted that $4,500 and $4,750 are the next key levels ETH must reclaim to edge closer to a new all-time high.
Similarly, Ali Martinez identified $4,505 as “one of the most important resistance zones to watch.” A rejection here could send ETH back to support at $4,250, with further downside risk if that level fails. On the other hand, reclaiming $4,500 would set the stage for a move toward $4,800 and open the door for new highs.

Triangle Formation and Bullish Signals
According to analyst Lluciano, ETH has been forming a triangular pattern since early August. A breakout from this formation could launch ETH above $5,000. “Q4 is here, and a new ETH wave is about to begin,” he said.
Titan of Crypto also highlighted Ethereum’s bullish structure on the weekly chart. He suggested that a breakout above $4,500 could drive ETH on a trajectory toward $6,900, representing a 50% upside from current levels.

Weekly Close as a Turning Point
Analyst Rekt Capital pointed out that although September’s monthly close above $4,100 wasn’t overly strong, a weekly close above $4,200 could completely flip momentum in favor of the bulls. He recalled similar setups in late 2021 and July this year, when Ethereum broke through this mid-range level, retested it as support, and subsequently climbed toward $4,600.
“If ETH manages to weekly close above the blue zone and confirm it as support, there’s a high probability it will revisit $4,600 in the near future,” Rekt Capital concluded.

Current Market Outlook
At the time of writing, Ethereum is trading at $4,502, up 4.1% on the daily chart. With Q4 just underway, optimism is building and bets on a breakout are gaining momentum.

#ETH , #CryptoPredictions , #CryptoCommunity , #Ethereum , #Altcoin

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The University of California, Berkeley has opened the Center for Digital Assets (CDA) – a new research hub dedicated to blockchain, digital finance, and digital twin technologies. The project is backed by Ripple, which provided $1.3 million in RLUSD, the company’s U.S. dollar-backed stablecoin.

Partnership builds on years of collaboration
Ripple and UC Berkeley are no strangers to working together. Their relationship dates back to 2018, when Ripple, through the University Blockchain Research Initiative (UBRI), began supporting academic programs focused on cryptocurrencies and digital technologies. The new center takes this collaboration to a new level.
“We’re proud to launch the Center for Digital Assets with UC Berkeley. This builds on years of innovation and research that have helped prepare the next generation of digital finance experts,” Ripple stated.

Why Berkeley invests in digital assets
According to a 2025 IDC report, global data volumes are expected to reach 175 zettabytes – roughly equivalent to 250 billion DVDs. In this rapidly expanding digital environment, Berkeley researchers argue that it is essential to develop trusted methods for defining and measuring the value of digital assets so they can become core components of future economic systems.
“Digital content has shaped our human experience and economic systems for decades. The center’s mission is to foster pioneering research, education, and entrepreneurship in the digital asset landscape,” said Tarek Zohdi, Vice Dean for Research at Berkeley Engineering.

Three pillars of the new center
UC Berkeley confirmed that Ripple’s $1.3 million contribution will support three main pillars:
🔹 Research and pilot projects – leveraging Berkeley’s facilities and expertise to drive innovation in blockchain and digital finance

🔹 Education and talent development – providing students with hands-on skills in digital assets, blockchain, economics, and entrepreneurship

🔹 Ecosystem growth and global impact – expanding collaboration between academic, industry, and student communities to build sustainable blockchain ecosystems
The center will bring together Berkeley faculty, researchers, and Ripple engineers to develop open-source technologies for the digital economy.

Berkeley Digital Asset Accelerator: Support for startups
Alongside the CDA, Ripple and Berkeley have launched the Berkeley Digital Asset Accelerator (BDAX) to support startups focused on the XRPL blockchain. The pilot program already received 46 applications for just 10 available slots. While the first cohort will focus on XRPL innovations, future rounds may include companies working with digital twins and integrating physical-digital systems in finance, supply chains, and engineering.

Ripple and RLUSD: New issuances on XRPL and Ethereum
The partnership comes shortly after Ripple issued 1.8 million RLUSD tokens on the XRP Ledger, its first issuance since September 24. Just days earlier, the company minted about 8 million RLUSD tokens on Ethereum. These moves highlight Ripple’s growing push to strengthen its foothold in the stablecoin market.

Bold ambitions for the future
UC Berkeley Chancellor Rich Lyons praised the initiative as a transformative collaboration with global implications:

“The new Center for Digital Assets is a prime example of how partnerships between academia and industry can drive breakthroughs in financial technology. Berkeley is the perfect place to incubate and launch innovations that expand our sense of what is possible.”

#Ripple , #CryptoNews , #blockchain , #RLUSD , #stablecoin

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Tensions between Elon Musk and OpenAI are flaring once again. The creator of ChatGPT has sharply rejected the latest lawsuit from the xAI CEO, describing it as part of a “long-term harassment campaign” designed to slow the company’s growth and intimidate its staff.

“We won’t be intimidated”
OpenAI issued a statement backed by emails, X posts, court filings, and media commentary, firmly denying Musk’s accusations of trade secret theft. According to the company, this is nothing more than another attempt to create headlines and disrupt their progress:
“We will protect our employees and won’t be intimidated by his attempts to bully them,” the company wrote.
OpenAI also rejected claims that it poached employees or took confidential information from Musk’s AI startup, xAI. The organization argued that Musk’s lawsuit over structural changes—meant to delay OpenAI’s nonprofit-to-for-profit shift—was not rooted in genuine grievances but in media posturing.

Musk once sought control of OpenAI
Court filings reveal that in 2017, Elon Musk attempted to gain majority control of OpenAI, reportedly demanding ownership, board control, and the CEO role. When the company refused, he allegedly withheld promised funding. LinkedIn co-founder Reid Hoffman stepped in to cover salaries and keep operations afloat.
In early 2018, Musk suggested in emails that Tesla could serve as OpenAI’s financial engine to compete with Google’s DeepMind. Yet, he admitted even Tesla’s resources might not be enough:

“Even raising several hundred million won’t be enough. This needs billions per year immediately, or forget it,” Musk wrote at the time.

Hiring practices lawsuit challenged
OpenAI has also filed a motion to dismiss Musk’s claims of “illegal hiring practices.” The company stressed that it lawfully recruits talent from across the tech industry and has no need for xAI’s trade secrets.
“Unable to keep up with our pace of innovation, xAI has filed this baseless trade secret lawsuit,” OpenAI’s defense stated. The company further accused Musk of using litigation as a PR weapon to intimidate staff, labeling his strategy as “lawfare.”

Antitrust claims over Apple partnership
Musk’s startup also raised concerns about OpenAI’s collaboration with Apple, claiming that integrating ChatGPT into certain iPhone features is anticompetitive. OpenAI’s lawyers dismissed the argument, noting that xAI failed to demonstrate any measurable harm that would justify antitrust intervention.

OpenAI surpasses SpaceX in valuation
The courtroom clash comes as OpenAI’s valuation has soared past Musk’s own crown jewel, SpaceX. According to The New York Times, OpenAI completed a secondary share sale that valued the company at $500 billion, making it the world’s most valuable startup.
Roughly $6.6 billion worth of stock changed hands, with investors including Thrive Capital, SoftBank Group, Dragoneer, T. Rowe Price, and Abu Dhabi’s MGX.

The battle for AI dominance
The legal showdown is more than a personal feud between Musk and his former project—it’s a fight for dominance in the AI revolution. While OpenAI cements its position as the most valuable startup on the planet, Musk is scrambling to defend his empire and carve out space for xAI. The outcome could shape who leads the next chapter of artificial intelligence.

#ElonMusk , #AI , #OpenAI , #technews , #INNOVATION

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Bitcoin is once again capturing the spotlight of global finance. Hedge fund legend Ray Dalio has described it as an “alternative currency,” comparing it to hard money assets such as gold and silver. His remarks come at a time when realized profits have skyrocketed past $3.7 billion, with BTC pushing above the critical $120,000 mark.

Dalio: Bitcoin Has the Traits of Hard Money
In a recent interview, Dalio highlighted Bitcoin’s growing recognition as a store of value, stressing that it can no longer be ignored. Although he personally holds only a small amount of BTC, he emphasized that the cryptocurrency meets the essential qualities of hard money – capped supply (only 21 million coins will ever exist) and resistance to inflation.
However, Dalio also voiced doubts that central banks will ever adopt Bitcoin as a reserve asset. He pointed to the risks of stricter regulation and the need for transparent transaction records, which could hinder official use.
Dalio has previously placed BTC in the elite class of hard assets alongside gold and silver. His latest comments align with the views of Robert Kiyosaki, author of Rich Dad, Poor Dad, who consistently urges investors to protect themselves from future crises by holding Bitcoin, gold, and silver.

Realized Profits Top $3.7 Billion in a Single Day
Data from CryptoQuant show that over $3.7 billion in realized profits were recorded in just one day – the fifth-largest profit-taking event of 2025. Analysts note that this doesn’t necessarily reflect short-term selling pressure. Instead, it may signal that long-term holders are cashing in some gains, which could actually indicate further potential for price growth.
Bitcoin has now reached its highest level since mid-August, with traders eyeing the start of a bullish “Uptober.” Over the past five days, BTC has posted consistent gains, edging closer to its previous all-time highs.

Record Futures, ETF Inflows, and Bold Bank Forecasts
Optimism is also booming in derivatives markets. Open interest in Bitcoin futures has climbed to a record $88 billion. Spot Bitcoin ETFs are seeing significant inflows, reinforcing growing institutional confidence.

Major banks are fueling the bullish narrative. Citigroup projects that BTC could climb as high as $231,000 within the next 12 months. Their base-case scenario points to $181,000, while even their bearish outlook keeps Bitcoin above $82,000.
JPMorgan also weighed in, claiming that Bitcoin remains undervalued compared to gold and could rise to $165,000. The bank cited declining volatility relative to the precious metal as evidence of a maturing and stabilizing market.

A New Chapter for Bitcoin?
Both Dalio and Kiyosaki emphasize that Bitcoin’s limited supply gives it an advantage over fiat currencies, which can be inflated at will. With billions in profits realized, record-breaking futures activity, and bullish forecasts from top banks, the question is no longer whether Bitcoin will stay in the spotlight – but just how high it can climb.

#RayDalio , #bitcoin , #BTC , #cryptotrading , #etf

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Elon Musk has once again hit a regulatory wall. A federal judge has rejected his effort to transfer a high-profile case with the Securities and Exchange Commission (SEC) from Washington, D.C., to Texas, where Musk has based his flagship companies Tesla and SpaceX.

The Dispute Over Twitter Stake Disclosure
The case centers on Musk’s 2022 purchase of more than 5% of Twitter’s (now X) shares. Instead of disclosing his stake within the legally mandated 10-day period, Musk waited, continuing to accumulate stock at lower prices. According to the SEC, this delay deprived other investors of critical information and cost them over $150 million.

Court Ruling: Washington Is the Logical Venue
The ruling came on Thursday. U.S. District Judge Sparkle Sooknanan concluded that Musk failed to provide sufficient justification for moving the case to Texas. His claims that he spends most of his time in the state, where Tesla and SpaceX are headquartered, did not persuade the court.
“The Court takes Mr. Musk’s inconvenience seriously, but notes that he possesses extraordinary means and spends much of his time outside his preferred forum,” the judge wrote. She emphasized that Washington, D.C., is the natural venue since the SEC is headquartered there and has led the investigation from the capital.

SEC: Musk Undermined Market Transparency
In its filings, the SEC argued that Musk’s actions undermined market fairness and transparency:

“His conduct was a clear violation of securities law, and the consequences for shareholders were significant.”
Musk’s lawyers, however, have dismissed the case as baseless and politically motivated. In August, they filed a motion to dismiss, arguing that the SEC has been waging a years-long campaign against Musk.

Texas Strategy Collapses
Part of Musk’s legal strategy was to move the proceedings to Texas, claiming that fighting the SEC in Washington put him at an unfair disadvantage. His attorneys argued that having the case heard in the regulator’s own backyard would skew the process.
The judge disagreed. By keeping the case in Washington, the SEC retains home-field advantage, close to its leadership and legal staff, who have clashed with Musk many times over the past decade. This could also accelerate the proceedings.

What Comes Next?
The lawsuit, filed in January 2025, adds to a long list of Musk’s legal battles with U.S. regulators. If the SEC prevails, the case could set a precedent reinforcing its authority in securities enforcement. For Musk, it represents yet another legal challenge – and a potential reputational blow at a time when his companies are expanding on the global stage.

#ElonMusk , #worldnews , #SEC , #Tesla , #SpaceX

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New York’s political scene is once again heating up as lawmakers turn their attention to the cryptocurrency industry. Senator Liz Krueger and Assemblywoman Anna Kelles have introduced legislation that could significantly reshape the environment for Bitcoin miners in the state. The proposed law would impose a special excise tax based on electricity consumption, with exemptions only for operators using 100% clean energy.

Tax brackets: The more energy, the higher the rate
The proposed bill S8518 lays out a tiered taxation system depending on annual electricity usage:
🔹 Up to 2.25 million kWh – exempt from tax

🔹 2.26–5 million kWh – $0.02 per kWh

🔹 5–10 million kWh – $0.03 per kWh

🔹 10–20 million kWh – $0.04 per kWh

🔹 Over 20 million kWh – $0.05 per kWh
Mining operations powered entirely by renewable energy would be exempt from the new rules.

Climate and social dimension
According to Senator Krueger, the measure has two core goals: tackling climate change and keeping energy affordable.

“This proposal ensures that companies driving up electricity prices for New Yorkers pay their fair share. The tax revenue will also provide direct relief to low- and middle-income families struggling with soaring utility bills.”
Studies cited by lawmakers estimate that crypto mining annually increases electricity costs in New York by about $79 million for households and another $165 million for small businesses.

Why only crypto miners and not AI?
Critics point out that the bill targets crypto miners specifically, even though the energy demands of artificial intelligence and other computing operations now often surpass Bitcoin mining. Lawmakers admit that AI is growing so rapidly that it may face regulation in the future.

Threat of miner exodus
For miners dependent on the traditional grid, the proposed tax could significantly raise operating costs. With profit margins already thin, many companies may choose to relocate to states or countries with cheaper electricity. This could undermine New York’s ambition to position itself as an innovation hub for digital technologies.
Senator Krueger defended the bill with sharp words:

“Crypto miners provide little benefit to the state or to the communities where they operate, while creating significant costs for taxpayers, the grid, the environment, and our shared climate. This bill ensures those costs are no longer unfairly imposed on everyone else.”

A history of mining restrictions in New York
This legislative push follows New York’s 2022 moratorium on Proof-of-Work mining operations powered by fossil fuels. At the time, it was the first such measure in the United States. Though it has since expired, the moratorium set the stage for stricter oversight of crypto mining.
On top of that, New York still requires all companies dealing with digital assets to obtain a BitLicense. This licensing process is notoriously time-consuming and expensive, often lasting months or even years and costing over $100,000 – a steep barrier for both startups and established firms.

What’s next?
If passed, the bill would rank among the strictest regulatory frameworks for cryptocurrency mining in the world. New York would once again signal its intent to prioritize climate goals and consumer interests over the expansion of the crypto industry. Whether this results in a large-scale miner exodus or pushes the industry toward greener energy solutions remains to be seen.

#bitcoin , #BTC , #CryptoNews , #Regulation , #CryptoMining

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Token2049 promised a fiery roast of crypto provocateur Justin Sun – but instead of brutal jabs, the crowd got 10 minutes of light teasing about his height, legal team, and the infamous $6.2 million banana.

TJ Miller and the Banana Show

The evening was kicked off by actor and comedian TJ Miller, who poked fun at Sun’s reputation and history of scheduling conflicts. He compared Sun’s look to “a crypto bro generated by AI.” The audience laughed, but the expected hard-hitting roast never came.
Miller even mocked the Tesla giveaway scandal, where Sun was accused of manipulation:
“Before this roast, I didn’t even know who you were. But then I Googled Justin Sun Tesla… sorry, I mean electric cars. The legal department told me not to say that.”
The comedian then shifted to Sun’s overprotective legal team, jokingly recommending Sun’s “new book”:
“The Art of Peeling – the story of a $6.2 million banana. Like The Art of the Deal, but with fruit.”

Sun, Trump, and the “Sensitive Topic”

Miller slipped in a jab at Sun’s controversial financial ties to World Liberty Financial, the Trump-backed crypto project. He noted that legal restrictions seemed much looser when it came to making fun of Donald Trump.

Jokes That Didn’t Land

Not every punchline hit. The crowd groaned at a pun about the “price of his punctuality” and shrugged at a Shen Yun reference.
Still, some lighter digs worked: jokes about his wealth, short stature, and being “fake.” One of the sharper lines was:
“I don’t even think Justin Sun is Chinese. He’s a fake rich guy who spends too much on organic fruit and steals other people’s ideas. That sounds more like an American.”

A Mild Roast Instead of a Roast Battle

Although billed as a brutal roast, the event ended up as friendly banter. Miller even encouraged Sun between jokes. And perhaps it was Sun’s legal team – always in the shadows – that ensured the roast stayed safe, with a banana taking center stage instead of real fire.

#JustinSun , #cryptohumor , #banana , #joke , #CryptoCommunity

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Cryptocurrencies are no longer just a topic for trading floors, analytical reports, or investor groups. They’ve carved their way into pop culture – from satirical shows like South Park, to iconic The Simpsons, all the way to Hollywood ads featuring stars like Matt Damon. These moments not only entertain but also shape how the general public perceives digital assets.

South Park: Bitcoin as the Future – and NFTs as a Plague
In its latest 27th season, South Park takes aim at crypto with full force.

The episode mocks prediction markets, regulators, and politicians, with even Donald Trump getting satirized.

But this isn’t the first time South Park tackled crypto:
In 2021, the show portrayed Bitcoin as both a mainstream currency and a Ponzi scheme.In a December 2021 special, NFTs were parodied as a contagious epidemic, with Butters turning into a crazed promoter, infecting everyone who listened with NFT mania.

The Simpsons and Big Bang Theory: Blockchain Explained
In 2020, The Simpsons aired the Frinkcoin episode, featuring Sheldon (Jim Parsons from The Big Bang Theory) explaining the basics of blockchain and cryptocurrencies.

The segment went viral for taking a more educational than satirical approach.
Later, The Simpsons doubled down with a prediction that Bitcoin would rise “to infinity.” Another pop culture nod reinforcing its mythical status.

Hollywood and Crypto Ads: Damon, the Super Bowl, and FTX’s Collapse
In 2021, Matt Damon starred in the now-infamous Crypto.com ad with the slogan “Fortune favors the brave.” Weeks later, Bitcoin hit its all-time high of $69,000 – only to plunge into a brutal bear market amid Terra’s collapse and cascading bankruptcies.

The 2022 Super Bowl became a crypto showcase:
Coinbase grabbed attention with a bouncing QR code.FTX aired an ad starring Larry David, dismissing “the next big invention.” Ironically, it aged the worst when FTX imploded a year later.

Elon Musk and Dogecoin on SNL: From Moonshot to “Fraud”
In 2021, Elon Musk’s tweets about Dogecoin sent the meme token soaring. The hype peaked when Musk hosted Saturday Night Live, only to call Dogecoin a “hustle” during a sketch.
The token hit an all-time high of $0.76 just before the show but lost more than 75% in the following months. A striking example of how pop culture can pump – and crash – crypto markets.

Crypto and Pop Culture: More Than Just a Joke
From South Park to The Simpsons, from Matt Damon to Elon Musk – crypto has become part of mainstream storytelling. Every joke, parody, or ad proves Bitcoin and friends are no longer just a tech experiment, but a cultural phenomenon resonating with millions worldwide.

Do you think pop culture helps crypto by spreading awareness, or hurts it by making it look like a joke?

#bitcoin , #CryptoNews , #crypto , #NFTs , #blockchain

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The world of decentralized finance just got another shock. Tron founder and controversial crypto billionaire Justin Sun has launched his new perpetual contracts exchange — SunPerp — at a major crypto conference in Singapore.
The move is a direct challenge to established players like Hyperliquid and Aster, which have dominated the space in recent months.

Dark Pools and Fee Subsidies: Sun’s Strike Against Rivals
According to the official announcement, SunPerp will introduce several features designed to lure global traders:
Fee subsidies – users will enjoy cheaper trading conditions compared to competitors.Dark pools – hidden order books and permission data designed to shield trader strategies.Cross-chain integration – the platform will initially support Ethereum, BNB Smart Chain, and Arbitrum, with future plans to link into additional blockchains, including Solana.
Sun emphasized that the platform is a response to the massive capital flight from centralized exchanges to DeFi.

A Direct Attack on Hyperliquid and Aster
Hyperliquid has become one of the fastest-growing DEXs this year, offering low-leverage speculation. Aster, backed by Binance founder CZ, has rapidly gained momentum on BNB Chain.
But Sun believes SunPerp can disrupt their dominance. The name itself references Sun Wukong — the Monkey King, highlighting the project’s Chinese roots.
According to attendees, the crowd “erupted” when Sun revealed the name.

Justin Sun’s Ongoing Controversies
Sun remains one of crypto’s most polarizing figures. Earlier this year, he filed a lawsuit against Bloomberg for alleged breach of confidentiality, but the request was dismissed. Tron DAO later described the reporting as “inaccurate” and criticized media attempts to sensationalize the industry.
The U.S. SEC also dropped part of its fraud and market manipulation claims against Sun in February, giving him room to advance new ventures.
He is also a major backer of World Liberty Financial, a DeFi project linked to the Trump family, and has been an active supporter of meme tokens.

What’s Next?
SunPerp is currently in public beta, but it’s already making waves with its mix of aggressive innovation and Sun’s notoriety. If it delivers on its promises, it could reshape the balance of power in DeFi.
The open question: will its “dark pools” and hidden liquidity become a groundbreaking innovation—or another Sun-fueled controversy?

#defi , #JustinSun , #Web3 , #Tron , #CryptoNews

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The Russian government faces a pivotal decision — how quickly it can complete a national cryptocurrency infrastructure, a move that crypto firms and investors are urgently demanding. According to Deputy Finance Minister Ivan Chebeskov, this system is intended not only for the recently regulated mining industry but also for a broader range of crypto-related activities.

Moscow Listens to the Market: “We Need Our Own Infrastructure”
Speaking at the Digital Finance: A New Economic Reality forum in Moscow, Chebeskov emphasized that the crypto sector is pressuring the state to create a full-fledged framework for cryptocurrency transactions.
“The market is telling us that we need infrastructure. We need our own infrastructure, including for mining and all activities related to cryptocurrencies,” the deputy minister said.
He confirmed that development is already underway and that efforts are being coordinated with the Central Bank of Russia (CBR).

Experimental Regime and Strict Rules
Back in March, the central bank proposed the launch of an Experimental Legal Regime (ELR). This framework would allow Russian companies to use digital assets in cross-border payments and give select investors regulated access to crypto.
However, access is restricted to “super-qualified” investors — either major financial institutions or individuals with over 100 million rubles ($1.2 million) invested in securities and deposits, or an annual income above 50 million rubles ($600,000).
Major players like Sberbank, the Moscow Exchange, and brokerage giant Finam are already preparing products tied to the prices of leading cryptocurrencies under this framework.

Ministry vs. Central Bank Divide
The Finance Ministry has long advocated for using crypto as an economic growth driver, while the CBR remains reluctant to allow free circulation of decentralized currencies like Bitcoin. The ministry has proposed expanding the pool of qualified investors by loosening requirements, which would open the market to more participants.
The central bank has not yet agreed, but hinted that by 2026 investment funds may be allowed to add cryptocurrencies to their portfolios.

Real Crypto Demand in Russia
Despite heavy restrictions, estimates suggest Russian citizens already hold over $25 billion worth of cryptocurrencies. This reveals that public interest in digital assets is growing regardless of the state’s cautious approach.

The future of Russia’s crypto market will depend on whether the Finance Ministry’s push for faster liberalization can be reconciled with the Central Bank’s cautious stance. One thing is clear — Moscow does not intend to be left behind in the global race for digital finance.

#russia , #bitcoin , #CryptoNews , #CryptoAdoption , #BTC

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Crypto markets are once again in the spotlight of Wall Street. According to the latest analysis from JPMorgan, Bitcoin could climb to $165,000 after volatility adjustment, fueled by record-breaking gold prices and the accelerating trend of the so-called devaluation trade.

Investors Seeking Refuge in BTC and Gold
In the last quarter, both retail and institutional investors accelerated purchases of assets that serve as a hedge against inflation. Alongside gold, Bitcoin is emerging as the biggest winner. Currently, BTC trades at $119,693, marking a 7% increase over the past week.
JPMorgan’s models suggest Bitcoin needs to rise another 40% from current levels to match the scale of private gold holdings when risk is factored in. Analysts led by Nikolaos Panigirtzoglou emphasize that this trend began in late 2024 ahead of the U.S. elections and has only gained momentum since.

Gold Rising, Bitcoin Following
Gold’s sharp price increase in recent weeks has boosted Bitcoin’s attractiveness. The BTC-to-gold volatility ratio has dropped below 2.0, showing that JPMorgan still views Bitcoin as undervalued. According to their model, BTC’s price is currently about $50,000 lower than it should be.
CryptoQuant adds that if demand continues at current levels, Bitcoin could reach $160,000–$200,000 by the end of the year. Monthly net demand has been rising by over 62,000 BTC, a signal historically seen before major fourth-quarter rallies in 2020, 2021, and 2022.

ETF Inflows in the Billions
JPMorgan also pointed to a massive increase in Bitcoin ETF inflows. Just this week, funds attracted over $1.6 billion in three days:
BlackRock IBIT: +$405.5 millionFidelity FBTC: +$179.3 millionBitwise BITB: +$59.4 million
BTC ETFs are now seeing their strongest surge since September, strengthening investor confidence in the long-term trajectory.

Is Bitcoin Headed Toward $1 Million?
Political forecasts are adding fuel to the optimism. Eric Trump, son of the U.S. president, recently stated that he expects BTC to eventually reach $1 million, as cryptocurrencies gradually replace the traditional financial system.
For the markets, the message is clear: the combination of soaring gold prices, persistent inflation, and massive ETF inflows is laying the groundwork for Bitcoin to set new all-time highs.

#BTC , #bitcoin , #CryptoNews , #GOLD , #JPMorgan

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🔹 The crypto market suffered 20+ major hacks in September, with total losses reaching $127 million

🔹 Over $307 million was stolen in Q3, pushing the 2025 total above $2.55 billion

🔹 Hackers increasingly target smart contract loopholes, phishing schemes, and malicious code injections

Hacks Slow Down, But Losses Still Mount
Compared to August, hacker activity in September dropped by around 22%, but the damage was still severe: $127 million vanished across 22 major attacks targeting DeFi protocols and personal wallets.
According to PeckShield, September was a “quieter” month compared to August’s $163 million in thefts. Still, the sophistication of attacks continues to grow, showing that hackers are becoming more selective rather than less active.

Biggest September Hits: UXLink and SwissBorg
The largest single incident was the UXLink exploit, with estimated losses between $44–48 million. Ironically, the attacker later fell victim to a phishing scam and lost a portion of the stolen funds.
Another high-profile case involved SwissBorg DEX, which lost over $41 million.
Phishing also made victims on an individual scale. One user lost $13.5 million, though the funds were later recovered. Smaller protocols like Yala and GriffAI collectively lost $10.6 million.

Hackers Target Smart Contract Loopholes
Analysts report that September’s exploits were mostly tied to smart contract vulnerabilities: unauthorized token minting, faulty price oracles, and stablecoin withdrawals. Several attacks mirrored the style of North Korean-linked hackers, with stolen funds instantly converted to ETH and funneled through Tornado Cash.
September also saw panic spread in the open-source world: a hack targeting npm package repositories threatened widespread damage but ultimately stole just over $1,000 before developers patched the breach.

2025 Tally: $2.55 Billion Already Stolen
In Q3 alone, crypto hackers drained $307 million, raising this year’s cumulative thefts to $2.55 billion. The largest quarter incident was the $54 million hack of BTCTurk exchange.
Interestingly, major centralized exchanges have so far avoided massive breaches, likely due to stronger security. By contrast, Web3 and DeFi protocols remain highly vulnerable and harder to track.

Tornado Cash: The Laundromat Runs Hot
Even as the number of large-scale hacks declined, activity on Tornado Cash surged. Deposits and withdrawals have more than tripled since June, signaling hackers are aggressively laundering and dispersing their stolen assets.

What’s Next: Calm Before the Storm?
Prediction market Polymarket currently sees the chance of another $100M+ hack as relatively low. But experts warn of a possible “black swan” exploit that could strike without warning.
While September didn’t bring a mega-hack, the steady stream of mid-sized and smaller exploits proves hackers are adapting—and still very much a threat to the crypto economy.

#CryptoHack , #CryptoSecurity , #Cryptoscam , #CryptoCrime , #CryptoNews

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Bitcoin mining companies are experiencing a renaissance. In September, their total market capitalization surged to $58.1 billion, up 40% from August and nearly triple the March low, when U.S. tariffs weighed heavily on crypto-related stocks.

Rockets Named IREN, Cipher, and Applied Digital
Leading the rally was Australian miner IREN, whose shares skyrocketed an astonishing 624%. Cipher Mining (CIFR) and Applied Digital (APLD) followed with 321% and 345% gains.
Smaller players also shined — TeraWulf, Hut 8, and Bitfarms surged between 179% and 280%, while Riot Platforms, HIVE Digital, and Core Scientific more than doubled in value. Even giants like Marathon Digital, CleanSpark, and Bitdeer delivered strong double-digit growth.

Hashrate Hits All-Time High
According to data from JPMorgan and The Miner, miners are thriving in more ways than one. The Bitcoin network’s hashrate surpassed 1.2 ZH/s (zetahashes per second) — meaning the network’s computers are executing one sextillion operations every second.
This massive figure isn’t just a technological milestone — it’s a direct signal that the mining industry is stronger and more resilient than ever.

Tech, AI, and New Alliances
Strategic partnerships have also fueled the surge. Google recently backed a deal between AI computing firm Fluidstack and miner Cipher, securing a 5.4% stake in the company. Meanwhile, Cango Inc. demonstrated how integrating HPC (high-performance computing) with green energy can open new revenue streams, reporting Q2 revenue of $139.8 million.

Bitcoin Back in Bullish Territory
Bitcoin itself climbed past $116,000 in September and reached $118,582.99 on Thursday, lifting its total market capitalization to $2.63 trillion. The broader crypto market has rebounded as well, pushing closer to the $4 trillion mark.

Market Signals: Short Squeeze and Altcoin Rally
According to CryptoQuant, funding rates have dipped into negative territory — often a signal of an incoming short squeeze. While short-term traders are facing losses, long-term holders remain steady. Combined with growing altcoin momentum, this mirrors conditions seen before the major bull rally of 2024.

Conclusion:

The year 2025 is shaping up to be a landmark for the Bitcoin mining industry. With record-breaking market caps, hashrates at unprecedented levels, and the entry of tech giants into the mining ecosystem, the sector is writing a new chapter in the digital economy.

#bitcoin , #CryptoMining , #CryptoMarket , #blockchain , #BTC

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The crypto market is buzzing again – this time around ASTER, a token that may be on the verge of an official Binance listing after a series of suspicious whale deposits and public praise from Changpeng “CZ” Zhao.

Whale deposits point to Binance preparations
On-chain trackers detected a familiar pattern: a small test deposit of just 20 ASTER tokens was sent to Binance spot wallets, immediately followed by a massive $4.8 million transaction.

Traders believe this is a standard pre-listing routine, where Binance tests inflows and outflows before enabling full trading support.
Excitement skyrocketed when CZ himself publicly praised ASTER, highlighting its robust infrastructure, hidden order feature, and multi-chain compatibility. His remarks pushed ASTER’s price up more than 1,500% in a single week.

ASTER emerges as a DEX leader, attracts big players
Within just two weeks of launch, ASTER has positioned itself as a leader in perpetual trading. The platform has processed over $42 billion in daily trading volume, generating around $15 million in daily protocol fees – outpacing most competitors.
Data from CoinGlass shows open interest in ASTER rising 7.57% to $1.2 billion, reflecting growing confidence and speculative activity.

High-profile investors are piling in. YouTuber MrBeast added roughly $320,000 worth of ASTER tokens, bringing his holdings to over $1.5 million. Even more striking, blockchain data linked to Donald Trump’s wallet revealed a position of 55 million ASTER tokens, worth about $112 million.

A trillion milestone and bullish forecasts
Since launch, ASTER has already surpassed $1 trillion in cumulative trading volume, a feat that community supporters hail as proof of its long-term potential.
Crypto analyst Crypto Sheriff declared that ASTER’s chart looks “extremely bullish” and predicted the token could easily reach $5 by the end of October.

#CZ , #CryptoNews , #Binance , #WhaleMoves , #Altcoin

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Arthur Hayes has once again lit the fuse of controversy, this time aiming straight at the heart of the European Central Bank (ECB). In his fiery “Bastille Day” essay, the BitMEX co-founder labeled ECB President Christine Lagarde a “criminal” and urged Europeans to move all their savings out of the euro and into Bitcoin.

Hayes: France drowning in debt, ECB printing is inevitable
According to Hayes, France is trapped in a historic financial crisis, and the euro itself is on the verge of collapse. He compared today’s French troubles to the monarchy’s downfall after financing America’s independence, arguing that a similar boomerang effect is now striking the Fifth Republic.
Hayes wrote that France is overleveraged, its savers are fleeing, and the euro is “doomed to fail.” He warned that the ECB will inevitably be forced to print trillions in new money—leaving Bitcoin as the ultimate winner.
He didn’t hold back, describing the euro as “a stinking piece of garbage” and “an abomination designed to suppress local culture.” He argued that unlike the 2011–2012 eurozone crisis, when Germany and France worked together to print their way out, this time the two nations are pulling in opposite directions.
TARGET balances since 2020, Hayes noted, show France shifting from a surplus to the largest deficit in the eurozone—a clear sign that French savers are moving funds into safer systems in Germany and Luxembourg. “If the second-largest economy in the euro area with the heaviest debt load is experiencing a ‘bank walk,’ it spells disaster for the future of the common currency,” he wrote.

France’s debt problem and ECB’s printing press
Hayes argued that France is cornered. With U.S. foreign policy shifting under Donald Trump’s “America First” agenda, German and Japanese capital will no longer finance French deficits.
He reminded readers that after World War II, the U.S. allowed former Nazis and Japanese imperial leaders to stay in power as long as their nations served as bulwarks against communism. Backed by U.S. support, Germany and Japan rebuilt their industries, protected their markets, and exported to America—building up massive wealth. Today, Germany has a net international investment position of $4.97 trillion, Japan holds $4.45 trillion, while France sits at a deficit of 38% of GDP, second only to the U.S.
With capital repatriating to fund domestic industry, France is left exposed. Hayes noted that 59% of its government bonds and 70% of its long-term bank debt are owned by foreign entities, primarily Germany and Japan.
According to Hayes, France now has only two options: declare bankruptcy or rely on the ECB printing press. He estimated that bailing out EU banks from French liabilities would require €5.02 trillion.

Capital flight, redenomination, and Bitcoin’s rise
Hayes predicted French savers will eventually see their euros redenominated into a weaker franc—a move that could help exports but devastate savings. He pointed out that deposits in July 2025 stood at €2.6 trillion, with around €650 billion at risk of fleeing before capital controls are imposed.
He calculated that €1.15 trillion could leave quickly through sales of French bonds and stocks, with those funds flowing into Bitcoin and gold.
Hayes forecasted a domino effect: once France imposes capital controls, other eurozone members will rebel against Frankfurt and Brussels. Ultimately, Germany’s stance will decide the euro’s fate—but investors will dump euro-denominated assets regardless, triggering a “risk-off” event that crushes EU bonds and equities.
Already, the EuroStoxx 50 and EuroAgg Bond Index have underperformed Bitcoin and gold since 2021, Hayes noted, mocking Europe for buying expensive U.S. gas instead of cheaper Russian supplies. He declared that investors should simply “exit while they can.”
“Bitcoin doesn’t care—it will continue its relentless climb against that rotten currency called the euro,” Hayes wrote, warning that EU regulators will soon close off exit ramps, leaving Europeans no choice but to move their savings into Bitcoin now.

A Bastille Day ending
Hayes concluded his essay with a dramatic flourish: the collapse will be so severe, he said, that those who exit early will be able to flaunt their wealth at Bastille Day parties, “lighting up their capital with Nebuchadnezzar bottles of champagne and pumping Rufus in the afternoon.”

#ArthurHayes , #BTC , #ECB , #DigitalAssets , #CryptoInvesting

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The British government is at the center of one of the largest crypto disputes in history. More than 61,000 BTC — worth over $7 billion — seized in 2018 in connection with a Chinese investment fraud, is now the subject of a fierce legal battle. With the scheme’s organizer Zhimin Qian convicted, the key question arises: who will have the right to the seized crypto assets?

Victims vs. the State
Qian, who ran a massive fraudulent investment system between 2014 and 2017, admitted to transferring and holding criminal property. During the investigation, British authorities secured 61,000 bitcoins, whose value has skyrocketed since then.
Now, more than 120,000 victims in China are seeking to reclaim at least part of their funds through civil proceedings. The first hearing is scheduled for January 2026 at the UK’s High Court.

A Legal Dilemma
Legal experts agree that victims have the right to compensation. However, under English law, compensation is typically calculated based on the value victims lost at the time of the fraud, not at today’s market price of BTC.
This would mean victims are compensated in fiat currency, while the enormous profit from Bitcoin’s price surge would remain with the state. Past precedents have already confirmed this approach, with victims receiving back only their original contributions in pounds.
“Victims have been waiting nearly a decade, many losing their life savings. If the court rules in favor of the state, their compensation will fall far short of the current value of the seized BTC,” warn lawyers representing the group of affected investors.

Political and Financial Tensions
Should the British government be granted the right to keep most of the bitcoins, another crucial question arises: sell or hold?
Sources within the UK Treasury suggested that such an unexpected windfall could help fill a “black hole” in public finances estimated at $34–67 billion. But selling the BTC could be risky. History recalls the controversial 1999 decision when the UK sold a large portion of its gold reserves just as prices hit rock bottom.

A Verdict with Far-Reaching Impact
The ruling from the High Court could set a precedent for future cases involving seized cryptocurrencies. If the court confirms that victims are entitled only to the historical value of their losses, the 61,000 BTC may turn into an unexpected jackpot for the state.
However, if the principle of equitable distribution prevails, British authorities may be forced to return a much larger share of the assets to the victims. The dispute, which could drag on for years, will ultimately determine whether the law stands by those defrauded—or strengthens the UK’s treasury.

#bitcoin , #UK , #Cryptolaw , #DigitalAssets , #Regulation

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The U.S. Securities and Exchange Commission (SEC) has halted the review of new crypto ETF applications due to the ongoing government shutdown. This unexpected freeze threatens long-awaited approvals for altcoin-focused funds that analysts expected as early as October.

SEC Freezes All New Filings
According to its contingency plan, the SEC announced that during the shutdown it will not review or approve any new financial products. That includes more than 90 applications for ETFs tied to altcoins, token baskets, and digital asset strategies.
Bloomberg analysts had predicted that the first green light would likely go to a Solana ETF in early October. Now, however, the timeline looks increasingly uncertain.

Expert Reactions: ETF “Cryptober” on Hold
ETF Institute co-founder and well-known ETF analyst Nate Geraci highlighted the immediate impact of the shutdown on the crypto industry. In a post on X, he warned that a prolonged government shutdown would “definitely impact the launch of new spot crypto ETFs,” adding that “ETF Cryptober might be on hold for a bit.”
This reflects a growing consensus that the budget impasse in Congress is directly delaying the rollout of crypto investment products.

Crypto Market on Hold While Politicians Clash
The budget deadlock in Congress—centered on spending cuts and healthcare subsidies—has forced federal agencies to scale back to minimal operations. The SEC will function with a skeleton crew “until further notice.”
Issuers from both Wall Street and the crypto industry have filed proposals not only for Solana, but also for XRP, Cardano, Litecoin, and Dogecoin. With the shutdown dragging on, October deadlines now appear unlikely.

Cryptos Rally Despite the Blockade
While Wall Street frets, digital assets are moving in the opposite direction. Investors increasingly view crypto as a safe haven. Bitcoin and Ethereum are gaining, while Solana surged above $222, up more than 6% in a single day.
Data from CoinGlass highlights the scale of the ETF momentum already in play:
11 Bitcoin ETFs manage roughly $150 billion AUMEthereum funds hold more than $22 billionBlackRock’s iShares Bitcoin Trust has become the fastest-growing ETF in industry history
What’s Next?
The key question is how long the government shutdown will last. If the budget standoff continues, ETF approvals could face significant delays—along with the institutional capital many expect to flow into altcoins.
Yet crypto markets are proving their resilience. For some investors, this rally amid political uncertainty is further evidence that blockchain assets now stand alongside traditional safe havens like gold.

#etf , #solana , #xrp , #Dogecoin‬⁩ , #CryptoNews

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