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#CryptoStocks The Double-Edged Sword of Decentralization That has opened a new discussion channel about cryptocurrency’s potential influence in global affairs and the expected reaction pattern of interested parties. While crypto proponents consider the technology’s decentralization attribute a plus, it could pass as a dangerous phenomenon, considering the security threat it could pose, as alleged by the propagators of the Nobitex hack. Nonetheless, the technology’s stability amid the ongoing chaos is attracting global attention. It highlights the industry’s growth and how much cryptocurrency can compete with established national currencies like the US dollar. Related: Crypto vs Conflict: Bitcoin Price Dips as US–Iran Rumors Escalate TradingView’s data show that Bitcoin traded for $104,992 at the time of writing, remaining within the same range since the Israel-Iran war escalated. Such stability makes the cryptocurrency an attractive haven as investors remain uncertain about the potential dimension the crisis could take in the coming days and weeks. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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#PowellRemarks FED and Jerome Powell Ignored Donald Trump Again! Trump Made Very Strong Statements! The Fed is expected to resume the interest rate cuts it paused in order to ignite a new rally in Bitcoin (BTC) and altcoins. However, despite the positive economic data, the FED has kept interest rates constant since January due to the uncertainty created by the tariffs. While the Fed is determined to keep interest rates steady until it provides more clarity, US President Donald Trump frequently pressures the Fed and Chairman Jerome Powell to lower interest rates. Trump even wants Powell to resign from his position as FED chairman. At this point, Trump called on the FED to cut interest rates even before the June FED decision announced yesterday. However, the FED again ignored Trump and left interest rates unchanged. Trump, who was very angry about this situation, posted on his Truth Scoial account, harshly criticizing Powell for yesterday's decision and calling for her resignation.
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$USDC USDC Treasury Mints 250 Million USDC on Solana USDC Treasury has minted 250 million USDC on Solana at 8:40 AM on May 29, 2025, according to monitoring by Whale Alert and ChainCatcher. The minting aims to enhance liquidity across USDC-supported blockchain systems. The issuance of 250 million USDC by Circle, detailed by Whale Alert, signals a strategy to meet rising liquidity needs in digital finance. The action might reflect growing institutional interest and demand for stable USDC-backed assets in the blockchain ecosystem. Circle’s 250 Million USDC Mint Boosts Solana Liquidity ChainCatcher and Whale Alert identified earlier today that the USDC Treasury minted 250 million USDC on Solana. Circle, the parent company responsible for USDC, executed this minting to address the current stablecoin demand. The event’s transparency highlights blockchain’s real-time data capabilities. More USDC in circulation amplifies existing market liquidity. This additional supply can buoy DeFi applications and transactions, providing enhanced opportunities for decentralized finance participants and platforms within the Solana blockchain framework. The move might attract new investments. While broader industry stakeholders are aware of these minting activities, no comments have emerged from influential figures such as Circle CEO Jeremy Allaire. The cryptocurrency community generally monitors such events closely for market trends and potential regulatory implications.
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#WalletConnect How Does WalletConnect Work? @WalletConnect operates through a relay server infrastructure that supports real-time communication between wallets and decentralized applications. Here’s a brief breakdown of how it works: Initiating a Connection: When a user wants to connect their wallet to an app, they simply scan a QR code provided by the app, either through integrations within the app provided by tools like Reown AppKit, other connection kits, or by building direct, custom integrations that allow the QR code to communicate through the network. This QR code includes all the necessary connection details, making it a quick and intuitive process. Delivering the connection: When the user scans the QR code, they’d do this via an in-wallet scanner within the mobile wallet they’re using. This enables the wallet to receive the communication within seconds. Securing the Connection: The WalletConnect network secures the connection by encrypting all messages exchanged between the wallet and the app, ensuring that user data remains private and secure. Interoperability Across Blockchains: WalletConnect’s protocol supports interactions across multiple blockchains, which means users are not limited to any single network. They can access applications across Ethereum, Solana, and other networks without needing separate tools or wallets for each. By creating a universal connection method, WalletConnect has enabled interoperability across blockchain networks and simplified how people interact with the decentralized internet.
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#WalletConnect Understanding the @WalletConnect Network Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and created a fragmented ecosystem. WalletConnect simplifies this by offering a universal connection method compatible across hundreds of wallets and thousands of apps. The WalletConnect Network is an open-source network that connects users to decentralized apps through a secure and interoperable protocol. By creating a standardized way for wallets to interact with onchain applications, WalletConnect allows users to connect their digital wallets to decentralized applications with ease, enabling millions of people to safely engage onchain. Whether you’re buying crypto, trading memecoins or collecting digital art, WalletConnect acts as the bridge between wallets and apps. It enables a seamless connection with just a scan of a QR code, making blockchain interactions easy, secure, and fast.
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