GlobalCryptoPress.com

While a lot of traders have been busy doomscrolling red candles, Bitmine Immersion has quietly turned itself into something pretty close to an Ethereum whale nation-state. As of January 19, the company holds about 4.2 million ETH — roughly 3.48% of the entire supply — worth around $13–12.5 billion depending on where you check the price. That’s not “we like ETH” territory anymore; that’s “we are structurally tied to Ethereum’s future” territory.

In just the last week, Bitmine bought another 35,268 ETH, dropping more than $100 million into the asset as the price slid under $3,000 and stayed well below its 2025 peak near $4,946. Most retail holders see a dip and start sweating; Bitmine sees a dip and calls its broker.

Meet Crypto’s Biggest Ethereum Hoarder

Bitmine Immersion is listed on the NYSE American under BMNR, and it has basically decided its corporate identity is “Ethereum treasury with a side of everything else.” The company now controls a stash of 4,203,036 ETH, plus a small amount of Bitcoin, almost a billion dollars in cash, and some “moonshot” equity positions that round its total crypto-and-cash pile to about $14.5 billion.

Bitmine’s share of Ethereum supply is already about 3.48%, up from roughly 3.41% at the end of December, and the company openly talks about its “alchemy of 5%” goal — meaning it wants to own around one-twentieth of all ETH in existence. That is aggressive even by crypto standards, where “aggressive” usually refers to people leverage-longing memecoins at 50x.

Staking, Yield, and the MAVAN Machine

Bitmine isn’t just hoarding ETH and waiting for number-go-up. It is turning that pile into a yield engine. As of January 19, the company has staked about 1,838,003 ETH — around $5.9 billion worth at roughly $3,211 per coin — and that staked amount jumped by more than 580,000 ETH in a single week. That’s not a tweak to the portfolio; that’s a giant allocation shift into validator mode.

Using a composite Ethereum staking rate of about 2.81%, Bitmine projects that once its ETH is fully staked, it could earn around $374 million a year in staking fees, or more than $1 million a day. To pull this off at scale, it’s building its own infrastructure: the Made in America Validator Network (MAVAN), pitched as a “best-in-class” staking setup aimed at institutional‑grade security and set to launch in early 2026.

Why Load Up While ETH Slides?

Ethereum has been down roughly 8% over the last couple of weeks and briefly dropped below $3,000, far off its late‑2025 high near $4,946, yet Bitmine still pushed more than $100 million into fresh ETH buys. Tom Lee, Bitmine’s chair, has been pretty open about the thesis: he points to the ETH/BTC ratio climbing since October and argues that Wall Street’s tokenization experiments are mostly landing on Ethereum’s rails.

The Ethereum Foundation has highlighted dozens of major financial institutions building tokenization, settlement, and fund products on Ethereum, and Bitmine is clearly reading that as “this is going to be the operating system for a lot of future finance.” Lee has even floated a long-term target of $250,000 per ETH, which is the kind of number that makes even hardened crypto people stare at their screen for a second.

Liquidity, Power, and the “Treasury Company” Model

When one public company controls over 3% of Ethereum’s supply and is sprinting toward 5%, it changes how the market actually behaves. Several analyses note that Bitmine’s accumulation has tightened ETH liquidity on exchanges and made price more sensitive to demand shifts, especially with spot ETFs and other institutions also locking up coins. A big treasury holder can be a stabilizer or a destabilizer, depending on whether it keeps accumulating or suddenly decides to derisk.

Bitmine is also helping normalize a playbook that looks a lot like MicroStrategy’s Bitcoin strategy: issue equity, use the capital to buy a single crypto asset, and market the stock itself as a leveraged way to get exposure. If this model works for Bitmine, expect more “treasury first, everything else second” companies to show up around Ethereum and other large-cap chains.

What This Means for Everyone Else

For everyday users and mid-sized funds, Bitmine’s haul is another sign that the big fights around Ethereum are no longer just retail vs. regulators. Large, publicly traded entities are quietly turning ETH into a core balance‑sheet asset, and building their own validator networks to capture yield and influence protocol economics along the way. That raises fair questions about decentralization in practice, even if the network is still geographically and validator‑wise diverse.

For Ethereum itself, this kind of accumulation cuts both ways. On one side, you get a strong vote of confidence from a company that is willing to tie billions of dollars and its entire stock narrative to the chain’s future. On the other, more concentration and more “corporate validators” means the social layer and governance debates start to look less like a hobbyist forum and more like a shareholder meeting.------- 

Author: Adam Lee Asia News Desk / Breaking Crypto News

Subscribe to GCP in a reader

Crypto's Biggest Exchange Threw Washington Into Chaos as Lawmakers Consider the 'CLARITY Act'...

When Brian Armstrong, CEO of Coinbase, fired off his late-night tweet declaring that his company could no longer support the Senate's version of the CLARITY Act, he didn't just issue a policy critique. He essentially hit the emergency brake on what was supposed to be a landmark moment for cryptocurrency regulation in America. Within hours, the Senate Banking Committee canceled its scheduled markup session. By Wednesday morning, the bill that had been heralded as the future of U.S. crypto policy was in limbo.

On the surface, this looks like a tempest in a teapot - crypto executives bickering over legislative language. But what's actually happening is far more consequential: the largest publicly traded cryptocurrency exchange in America is essentially saying the government's attempt to create clarity around digital assets might actually create more chaos than we have now. And the cryptoquestion becomes: is Armstrong right, or is he throwing a tantrum over lost profits?

What Is the CLARITY Act, Anyway?

Let's back up. The Digital Asset Market Clarity Act - CLARITY, for those keeping scorecards - has been the white whale of crypto regulation for the past year and a half. The House passed it in July 2025 with surprisingly broad bipartisan support: 294 to 134. That's not a squeaker. It came to the Senate with momentum and support from the White House. The goal was straightforward: stop the regulatory chaos that's plagued crypto since its inception.

For context, the crypto industry has spent the last few years operating in what legal experts call "regulation by enforcement." The SEC under then-Chair Gary Gensler basically declared most crypto tokens to be securities and went after companies accordingly. The CFTC argued it had jurisdiction over others. Banks had different rules. States had different rules. It was a mess.

The CLARITY Act's core idea is elegantly simple: sort crypto into three buckets, then have the right government agency regulate each bucket. Here's the framework:

Bucket 1: Digital Commodities

(Bitcoin, Ethereum post-merge, most tokens with real utility)

Regulated by the CFTC

Think of them like futures or commodities in traditional markets

Crypto exchanges would register with the CFTC just like commodity exchanges do

Bucket 2: Investment Contract Assets

(tokens that are really just investment contracts, typically early-stage projects)

Regulated by the SEC

Must follow securities law requirements

Once a blockchain becomes "mature" enough (meaning it's truly decentralized), the token graduates and moves to Bucket 1

Bucket 3: Permitted Payment Stablecoins

(USDC, USDT, and future competitors)

Regulated by banking regulators

Must maintain one-to-one reserves

Monthly public audits to prove the backing is real

The House version was widely praised by crypto companies because it finally answered the question: What regulatory framework do we operate under? No more guessing. No more enforcement surprises. Just rules of the road.

Enter the Senate - And Everything Gets Complicated

The Senate Banking Committee didn't vote on the House bill. Instead, it did what the Senate loves to do: it took the house bill as a starting point and wrote an entirely new substitute amendment that rewrites major sections. This is where things get thorny.

On January 13th, the Senate Banking Committee released its new draft text. And here's where the fundamental tension becomes clear: while the House bill was written by crypto advocates trying to get the industry running, the Senate bill was written by senators responding to pressure from traditional finance.

The banks - particularly community banks - took a hard look at the House bill and said: This will destroy us. They have a point, actually. If a crypto exchange can offer users 5% yield on stablecoins while community banks can only offer 4% on savings accounts, where do you think retail deposits are going? The banking lobby told the Senate: you need to choke off stablecoin rewards before this becomes a real problem.

So the Senate draft added restrictions. It says: You cannot pay yield or interest just for holding a stablecoin. Period.

But here's where it gets stupid - and this is where Armstrong's argument has real teeth. You can offer rewards if it's tied to an activity. Pay users for making transfers? Fine. For participating in a loyalty program? Sure. For providing liquidity? Absolutely. But just for... holding... the coin? Nope.

This distinction sounds reasonable until you think about how crypto actually works. In crypto, a rewards program basically becomes indistinguishable from yield. If I hold a stablecoin, click "earn," and get paid 5% a year, does it matter whether the reward is theoretically tied to "participation in a wallet protocol" versus "pure interest"? Not really. It's the same user experience. But the Senate draft basically created a rule that lets regulators arbitrarily distinguish between these things after the fact.

That's not regulatory clarity - that's regulatory ambiguity with bureaucratic discretion on top.

Armstrong's Four-Count Indictment

Coinbase's withdrawal came hours before the Senate was supposed to vote on amendments and advance the bill. Armstrong published a detailed criticism identifying four major problems:

Problem 1: Tokenized Equities Get Effectively Banned

The Senate draft rewrote the rules around tokenized stocks and financial instruments. Under the Senate version, if you want to issue a blockchain-based version of a Tesla share, the SEC will argue it's a security. If it's a security, you need to comply with securities law. And if you try to trade it on a crypto exchange, the bill restricts that pretty heavily. The end result: blockchain-based stocks probably won't be able to trade on crypto infrastructure.

Armstrong's point: why should tokenized equities be barred from crypto infrastructure if they comply with securities law? It's a technological restriction disguised as a regulatory principle. And it kills an entire category of financial innovation that lots of crypto companies see as the future.

Critics of Armstrong's complaint argue he's overblowing it. "We don't interpret the CLARITY draft as a 'de facto ban,' " said Gabe Otte, CEO of Dinari (a tokenized equity platform). "What it does do is reaffirm that tokenized equities remain securities and should operate within existing securities laws and investor protection standards." Reasonable people, reasonable disagreement.

Problem 2: DeFi Gets Slapped With a New Regulatory Hammer

This one is more technical but probably more dangerous. The Senate draft added a new provision (Section 303) that gives the U.S. Treasury Secretary broad power to prohibit or restrict crypto transfers to any jurisdiction or financial institution deemed a "money laundering concern."

On paper, that sounds fine - we want to prevent money laundering, right? But the problem is how this interacts with DeFi. If you're running a decentralized protocol and the Treasury Secretary decides that certain countries are "of primary money laundering concern" in connection with digital assets, the Treasury could basically force every user of that protocol to stop using it. Or it could demand that protocols implement surveillance to track transactions.

Armstrong's concern: this essentially gives the Treasury power to impose sanctions on software protocols. That's different from sanctioning companies. Software is decentralized. You can't negotiate with code. The result could be that American developers are barred from working on DeFi protocols that the government doesn't like, even if those protocols have legitimate uses.

Again, reasonable people disagree. Maybe this is necessary anti-money laundering tools for the 21st century. Or maybe it's an unprecedented expansion of government power over open-source software. Depends on your priors.

Problem 3: SEC Gets More Power Than It Had in the House Version

The House bill carved out pretty clear CFTC vs. SEC jurisdictions. The Senate bill kept moving the boundary line in favor of the SEC.

Armstrong worried this could resurrect the regulatory uncertainty of the recent past. If the SEC can expand its jurisdiction over crypto markets case by case, then we're back to "regulation by enforcement" rather than "clarity."

This is a legitimate concern, though the Senate Banking Committee pushed back, saying the bill actually provides clear coordination mechanisms between the SEC and CFTC. Fair point - depends how you read the language.

Problem 4: Stablecoin Rewards Really Do Get Effectively Killed

As described above, the Senate draft says you can't pay yield for just holding a stablecoin. You can pay rewards for activity. But the line between "activity" and "passive holding" is blurry, and regulators will likely draw it conservatively.

For Coinbase specifically, this is huge because the company has been offering stablecoin yield products. They even applied for a national trust bank charter, which would let them offer these products under banking rules instead of crypto rules. If the CLARITY Act passes, that loophole closes.

Armstrong's argument: if traditional banks can offer interest on deposits, and crypto companies offer interest on stablecoins, that's not unfair competition - that's equal treatment. The Treasury itself estimated that widespread stablecoin adoption could drain $6.6 trillion from traditional banks, and the banking industry is obviously scared.

But bankers would counter: stablecoins are not bank deposits. They don't have FDIC insurance. They're not subject to the same capital requirements or anti-money-laundering scrutiny. So rewarding stablecoin holding with high yields creates an unleveled playing field - it's the same economic outcome (yield) but with wildly different regulatory protection.

The Industry Fracture

Here's what's fascinating about this moment: Coinbase did not speak for the entire crypto industry. In fact, it barely spoke for most of it.

Within 24 hours of Armstrong's announcement, rival exchanges and crypto companies pushed back. Hard.

Kraken CEO Arjun Sethi said the "appropriate response to unresolved issues is to address them, not to discard years of bipartisan advancement and start anew."

Chris Dixon of Andreessen Horowitz (a16z), one of the most influential crypto voices in Washington, said that while the bill has flaws, delaying crypto regulation could weaken America's position in global financial innovation.

Ripple's CEO Brad Garlinghouse called it "progress toward workable market rules."

Circle, Paradigm, Coin Center (a policy think tank), the Digital Chamber, and even David Sacks, the White House's crypto policy adviser, all publicly urged the industry not to abandon the bill.

The subtext was clear: Coinbase is holding the entire industry hostage for its business interests.

And there's something to that. Coinbase is the only major publicly traded crypto exchange in the U.S. It's also a platform that has explicitly built its business model around stablecoin yields. Other exchanges and crypto companies are less dependent on that particular revenue stream. A16z doesn't run an exchange. Circle (which issues USDC) has a different product mix than Coinbase.

So when Coinbase says "this bill is worse than no bill," part of what it's saying is "this bill is worse for Coinbase's business model." And that's not wrong - but it's also not the only consideration.

The Deadline Pressure

Here's what makes this moment genuinely urgent: Congress only gets so many windows for consequential legislation, and this one might be closing.

The crypto industry has had unprecedented political influence over the past year. Bitcoin rallied, bringing in new retail investors. Coinbase went public. A16z dumped hundreds of millions into pro-crypto political campaigns and advocacy. The White House is genuinely interested in crypto policy now. Republicans and Democrats both have major crypto donors.

But all of that changes when you elect a new administration. Even within the Trump administration (which is generally pro-crypto), there will be leadership changes. New SEC chairs, new CFTC chairs, new Treasury officials. And they might not be as enthusiastic about crypto-friendly regulation.

For the industry, the question is: Do we take this bill - which has legitimate flaws but establishes a regulatory framework - or do we hold out for a perfect bill that might never come?

That's why other industry figures are pushing so hard to convince Coinbase to negotiate rather than walk away. Ledger executives literally told the Senate: if you don't get a bill done now, the next administration might be much less sympathetic.

What Actually Needs to Happen

As of late January, the Senate Banking Committee is still in negotiations. Chair Tim Scott called it a "brief pause" to allow for renegotiation. The goal is to bring a revised bill back to markup in the coming weeks.

What would need to change for Coinbase to re-engage?

Realistically, the stablecoin rewards language would need to be cleaned up. Either explicitly exempting activity-based rewards, or creating a safe harbor so platforms know when they're compliant. The Section 303 DeFi language probably needs narrowing to focus on financial institutions rather than open-source software. And the tokenized equity and SEC authority questions need further clarification.

None of that is impossible. But it requires both sides to compromise. The banks want stablecoin restrictions; the crypto companies want rewards flexibility. Crypto companies want clear DeFi protections; Treasury and enforcement-focused senators want tools to combat illicit finance.

The Actual Stakes

What's interesting about all this is that the drama is real, but it can obscure the actual point: the U.S. crypto industry desperately needs this bill.

Under the current system, crypto companies operate in regulatory limbo. They don't know if the SEC will declare their token a security. They don't know if payment stablecoin activity violates banking law. They don't know if their custody practices meet federal requirements. This uncertainty is expensive. It drives activity overseas. It makes it harder to recruit and retain talent when you can't guarantee your company won't get sued by the government next year.

The CLARITY Act, even with the Senate's modifications, would fix most of that. It would give crypto companies a clear regulatory framework. It might not be the framework crypto companies wanted, but clarity on a suboptimal rule is still better than no clarity.

That's why you have a16z, Ripple, Kraken, and major crypto figures all saying: let's fix the specific language issues, but don't throw the whole thing away.

Coinbase is arguing something different: the specific language issues are so fundamental that they make the bill worse than the status quo. Is Armstrong right? Maybe. The stablecoin rewards prohibition really might kill financial innovation. The Treasury power over DeFi really might be too broad. Maybe a bill with better terms will come along.

Or maybe Coinbase is making a short-term business decision dressed up as a principle. Maybe in six months, with a cleaned-up bill that still restricts stablecoin rewards but provides certainty on other issues, Coinbase will re-engage. And the industry will get the regulatory framework it actually needs.

That's the real drama here: not the politics, but the fundamental question of whether the crypto industry is mature enough to accept an imperfect but enforceable set of rules, or whether it will forever resist any regulation that constrains specific business models. The CLARITY Act will test that question in real time.

And for what it's worth, right now, most of the industry seems to think the answer is: take the deal. Fix what you can. Move forward.

Whether Coinbase agrees with that assessment by late January - well, that will tell us a lot about the company's priorities.What I'll be watching for...One thing Coinbase and its CEO did not make clear - what are the absolute deal breakers that must be resolved before they could support it again, and what could be passed now with the goal of changing it later?Was Coinbase's pullout more along the lines someone walking out during contract negotiations when they think the deal is bad? Where the goal isn't to end discussions, just move things in their favor. Or have politicians gutted and re-written so much of the bill, it's a lost cause?-------------Author: Ross DavisSilicon Valley NewsroomGCP | Breaking Crypto News

Subscribe to GCP in a reader

There's no way around it - we need to begin examining a world where AI has taken so many jobs, the population greatly outnumbers the amount of available jobs.  The idea of people getting money for simply existing was initially a hard idea to wrap my head around, and when I initially learned of the concept of  Universal Basic Income ( UBI) I was immediately opposed to it. But as soon as I really considered the future we're heading towards, and pictured living somewhere where half the population was unemployed, and that number was still rising - it's either chaos, or... what?We're not talking about 'free money' for lazy people, we're talking about how to prevent poverty being forced upon millions of people who are willing to work, when literally no one is hiring, without it getting real ugly.   Founded in 2017, UBI Taiwan is a nonprofit policy advocacy organization focused on researching, testing, and promoting Universal Basic Income—aiming to support basic living security and economic dignity through studies, experiments, and public campaigns.  

They recently invited Bitcoin and Virtual Asset Development Association were recently invited by Legislator Dr. Ko Ju-Chun to a deep-dive discussion at Taiwan’s Legislative Yuan. The special guest: Dr. Sarath Davala, Chairman of the Basic Income Earth Network (BIEN) and one of the most well-known global voices on Universal Basic Income (UBI).

They looked at two big questions:

Do we need UBI more urgently as AI automates work?

Could blockchain and crypto make UBI easier to deliver and manage?

Think of it as lawmakers, policy advocates, and crypto folks sitting at the same table trying to sketch a “future-proof” safety net—before the future shows up with a baseball bat.

Why UBI is suddenly on everyone’s radar

AI is moving fast, and it’s no longer just replacing repetitive factory work. It’s starting to affect jobs across the board—everything from office roles to professional work like accounting, legal research, and business analysis.

UBI (Universal Basic Income) is a regular cash payment to everyone, with no strings attached, meant to cover basic needs and reduce financial stress.

UBI Taiwan also pointed to a painful economic contrast: wages haven’t grown much for many people, while asset prices (like stocks and housing) have risen sharply. The result is a wider wealth gap—especially tough for younger people who don’t already own assets.

The argument being made: UBI isn’t “a sci-fi utopia idea” anymore. It’s being pitched as a tool to keep society stable as AI changes how people earn money.

Blockchain offers faster, cheaper payments, which will be a major factor as a country implementing UBI will make even the biggest company payrolls look small. 

Some charities already use crypto—often stablecoins—to send money with fewer fees and delays than traditional international transfers.

Instead of money bouncing between banks, payment rails, and paperwork, you can send funds directly to a recipient’s wallet—more like a “money email” than a “money fax machine.”

A long-term savings idea using Bitcoin reserves

One proposal explored: pairing UBI with something like a strategic Bitcoin reserve for citizens, potentially locked until a milestone like adulthood or retirement.

It’s like giving everyone a starter nest egg that can’t be touched immediately—more “future stability” than “cash today.”

Smarter rules using smart contracts (including “clawbacks”)

Another concept: distribute basic income broadly, but automatically recapture some from higher earners at tax time through a “smart clawback” design.

It’s like: “Everyone gets it, but if you’re doing great financially, you effectively pay back some later.” That can make the system more financially sustainable, at least in theory.

Lessons from Africa: simple tech can still work

Dr. Davala shared experiences from Africa, where some UBI experiments have used mobile phones and SIM-based setups as basic digital wallets, even in places without fancy infrastructure.

If a community can receive funds with just a phone and a SIM card, then a highly connected place like Taiwan—with strong internet coverage and high smartphone usage—could potentially run a more advanced digital delivery system.

Why philanthropy and blockchain keep finding each other

A side trend highlighted: more overlap between nonprofit work and blockchain communities. For example, at the Asia Blockchain Summit (ABS), the organizers invited Master Cheng Yen of the Tzu Chi Foundation to speak—drawing links between the values behind charity and the decentralization ethos of blockchain.

Traditional aid often struggles with trust (“Where did the money go?”) and efficiency (“How much got eaten by overhead?”).

Blockchain’s strengths—traceability and transparency—can reduce those trust gaps when implemented correctly.

If UBI is ever built with these tools, the idea is that it could become more than a government program—it could turn into a broader social innovation effort involving civil society, nonprofits, and industry groups.

The bigger picture: redefining “work” in the AI era

The meeting also pointed to a bigger philosophical shift: the old social contract—“work to survive”—gets weird when machines can do more and more work cheaply.

So the debate is moving from:

“Should we do UBI?”to:

“How would we actually design it so it’s fair, sustainable, and not a bureaucratic disaster?”

That’s where blockchain is being framed as potentially useful: a system built for fast, borderless transfers of value could match the idea of a modern, streamlined safety net.

And yes, the conversation has evolved. This isn’t just about benefits. It’s about designing rules for a society where humans and AI share the economic stage—whether we feel ready or not.-------Author: Mark PippenLondon NewsroomGlobalCryptoPress | Breaking Crypto News

Subscribe to GCP in a reader

The Lincoln, Nebraska Police Department is teaming up with AARP to tackle a growing problem that hits older adults especially hard: cryptocurrency scams.

Lincoln may not be a major tech hub or a sprawling metropolis, but that hasn’t spared it from modern financial fraud. With a population of just over 291,000, residents reportedly lost more than $11 million to scammers, according to Police Chief Michon Morrow. A significant portion of that damage, authorities say, comes from schemes that target older adults who may be unfamiliar with how digital currency works—but trust the official-looking machines used to buy it.

To address the issue, the Lincoln City Council approved a new ordinance, Lincoln Municipal Code Chapter 9.70, on November 17. Mayor Leirion Gaylor Baird signed it into law a week later. The goal isn’t to ban cryptocurrency ATMs, but to make sure people—especially seniors—understand the risks before they use one.

Under the ordinance, any business that operates or provides access to a cryptocurrency ATM must display clear, written warnings about the potential for fraud. Business owners have until December 24 to post the warning stickers, which are being provided by the Lincoln Police Department. The city estimates there are about 100 of these machines scattered across Lincoln.

Police Chief Morrow says the focus is prevention through education, not punishment...

“The Lincoln Police Department understands how devastating it is to become a victim of financial fraud,” Morrow said. “We encourage everyone to have conversations with loved ones about scams so we can all work together to be part of the solution. Our goal is to prevent more people from losing their hard-earned money.”

AARP Nebraska is playing a hands-on role in that effort. In mid-December, 20 AARP volunteers will fan out across the city to deliver information packets and warning stickers to every cryptocurrency ATM location. Those packets are designed to explain, in plain language, how crypto scams work and why these machines are often used by criminals.

“AARP Nebraska remains dedicated to partnering with communities statewide to protect older Nebraskans from these scams,” said Todd Stubbendieck, State Director for AARP Nebraska. “Our volunteer Fraud Fighters are raising awareness about how scammers exploit cryptocurrency kiosks because once money is sent through a digital wallet, it is nearly impossible to trace or recover.”

Alongside the new ordinance, the Lincoln Police Department has launched a dedicated webpage with up-to-date information on financial and cryptocurrency scams, tailored for people who may be encountering these technologies for the first time.

The department is also backing up education with enforcement. In January, LPD plans to add a fifth investigator to its Technical Investigations Unit, a team created specifically to focus on cryptocurrency-related fraud.

For seniors—and their families—the message is straightforward: if a stranger is rushing you to use a crypto ATM, something is wrong. And now, thanks to a mix of local lawmaking and community education, Lincoln is making sure that warning is harder to miss.-------------- Miles MonroeWashington DC NewsroomGlobalCryptoPress.com

Subscribe to GCP in a reader

NASA has already put an expiration date on the International Space Station, with plans to decommission the ISS in 2031. After that, the agency intends to rely on private companies to keep humans living and working in orbit—a shift that’s turning low-Earth orbit into a surprisingly competitive business.

One of the companies hoping to step into that role is Vast, a Long Beach-based startup with roughly 1,000 employees. Vast has largely been bankrolled by Jed McCaleb, the billionaire co-founder of cryptocurrency projects Ripple and Stellar. Now, the company is aiming even higher: building what it hopes will become the world’s first commercial space station.

According to Forbes, which cited a person familiar with the matter, Vast is in talks to raise a $300 million funding round that would value the company at around $2 billion. The round is expected to be led by Balerion Space Ventures, though the source cautioned that negotiations are still ongoing and terms could change.

McCaleb has already made it clear he’s willing to go deep into his own pockets to make this work, previously saying he could invest up to $1 billion of his personal fortune. In October, Vast also disclosed that In-Q-Tel—the venture capital arm backed by the CIA—had made an undisclosed investment and taken on the role of board observer.

Neither Vast nor Balerion Space Ventures commented on the potential funding round.

On the hardware side, Vast plans to launch its first prototype station, Haven-1, in 2026. The company says it will begin sending components of a larger follow-on station, Haven-2, into orbit by 2028. The goal: a private replacement for the ISS once NASA pulls the plug.

Vast isn’t alone in chasing that opportunity. McCaleb joins a growing list of billionaires betting that space stations are the next big infrastructure play. Axiom Space, founded by billionaire Kam Ghaffarian, is also racing to build a commercial station, though Forbes reported last year that the company was facing challenges getting its plans off the ground. Meanwhile, Jeff Bezos’ Blue Origin—better known for its rivalry with Elon Musk’s SpaceX—has also been quietly working on its own space-station ambitions.

If NASA’s plan holds, whoever wins this race won’t just be building a station. They’ll be building the future address for humans in orbit.---------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader

It's been the proven correct advice for every single crash - buy more Bitcoin. In fact, Bitcoin always seems to get stuck until there's a crash, then it goes on to set new all time highs. At this point, it's a cycle. The Big Picture Global markets pitched a fit this morning—again—as traders suddenly “discovered” that maybe, just maybe, pumping the Magnificent 7 to the moon on AI hopium might’ve inflated something resembling a bubble. Stop me if you’ve heard this one before.

NASDAQ 100 futures slid another 0.36% after getting slapped 2.38% yesterday. S&P futures were twitching but going nowhere. The VIX jumped double digits. The big indexes have all been sliding for days, and the S&P is now down over 5% from recent highs. Cue the hand-wringing.

Bank of America even dropped a headline that basically sums up the mood: “The bubbly is on ice.” Cute.

Nvidia crushed earnings Wednesday—obliterated expectations—yet the market still threw a tantrum. The stock spiked 5%, then finished the day down 3.15%. Another 2% disappeared in overnight trading. Deutsche Bank called it “a remarkable 24 hours,” which is a polite way of saying nobody knows what they’re doing.

Tech across the board is getting smoked. Palantir face-planted almost 6% and is bleeding more premarket. Softbank coughed up 11% in Japan. Everyone’s suddenly nervous about AI spending, data centers, and whether this whole boom is running on actual fundamentals or just FOMO in a trench coat.

Even Nvidia’s monster surprise earnings report didn’t calm anyone down. Adding fuel to the fire: rumors that Softbank and Thiel Macro dumped their Nvidia bags, plus Michael Burry chiming in—again—about shady accounting in AI land.

Meanwhile, ING dropped a November 19th note fretting about AI “making stuff up.” According to the analyst, top models spit false claims 40% of the time, and newer ones respond to everything—even when they clearly shouldn’t. Translation: fluency is up, accuracy is down, panic is rising.

And then we get to crypto stocks—the traditional punching bag whenever TradFi has a meltdown. Coinbase tanked 7.44% yesterday. MicroStrategy—aka Bitcoin-on-NASDAQ—got clipped 5% and is bleeding more overnight.

Finally, Bitcoin itself. The same asset that’s been declared dead more times than I can count. It “lost” 24% this month, currently hovering around $82K after tapping $124K not long ago. Cue the obituaries, cue the hysteria, cue the “store of value” thinkpieces.

But anyone who’s been here long enough knows the script. Every time markets panic, every time the headlines scream, every time the tourists run for the exits… the right move has been the same: accumulate while it’s on sale.

Same movie. Same plot twist. Different year.-------------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader

Binance founder and former Chief Changpeng “CZ” Zhao has received a presidential pardon from U.S. President Donald Trump, closing the book on one of the most closely watched cases in digital-asset enforcement.

Zhao was sentenced in April 2024 to four months in prison after pleading guilty to a single count tied to U.S. anti-money-laundering compliance. He completed that sentence in September 2024. As part of the broader resolution with U.S. authorities, Binance agreed to pay $4.3 billion and implement enhanced controls after investigators said the exchange enabled some users to evade sanctions.

In announcing the pardon, White House Press Secretary Karoline Leavitt framed Zhao’s prosecution—initiated under the previous administration—as emblematic of a wider “war on cryptocurrency,” arguing there were “no allegations of fraud or identifiable victims,” and that an earlier push for a multi-year sentence had harmed U.S. credibility. “The Biden Administration’s war on crypto is over,” she said.

What Makes This Case Unusual...

Supporters note Zhao is, by their accounting, the first known first-time offender to receive a custodial sentence for this particular non-fraud charge. The sentencing judge found no evidence Zhao knowingly facilitated illicit transactions and said it was reasonable for him to believe illicit funds were not present on the platform. The pardon doesn’t rewrite that record, but it does erase remaining federal consequences for Zhao personally.

Policy Context: A Clearer Pro-Crypto Pivot...

The move aligns with the Trump administration’s more accommodating posture toward digital assets. Since taking office in January, the President has:

Pledged to make the U.S. the world’s “crypto capital.”

Floated the concept of a national cryptocurrency reserve.

Backed efforts to make it easier for Americans to allocate retirement savings to digital assets.

Released his own token ahead of inauguration, placing crypto squarely in the political mainstream—supporters call it pragmatic adoption; critics see it as performative.

The Road Ahead...

Zhao stepped down as Binance CEO in November 2023, calling the decision “not easy to let go emotionally” but “the right thing to do.” Binance—registered in the Cayman Islands—remains the largest venue globally for trading crypto and other digital assets by volume. The company has reportedly pursued clemency for nearly a year, while fielding ongoing regulatory obligations under its settlement.

Separate reports have described conversations between representatives of the Trump family—whose World Liberty Financial is active in crypto—and Binance. Those talks, as characterized publicly, centered on the sector’s direction and policy environment rather than any announced transaction.

Why Markets Care...

Regulatory temperature check: A presidential pardon doesn’t alter the compliance requirements facing exchanges, but it does signal a friendlier top-down stance—potentially easing perceived headline risk for U.S. institutions on the sidelines.

Talent gravity: With the cloud over CZ lifted, founders and executives may view the U.S. as incrementally less adversarial, provided firms invest in controls and cooperate early.

Policy runway: Initiatives like a crypto reserve or retirement-account access still require legislative and agency follow-through. Today’s signal is political; the operational changes will come down to rulemaking and inter-agency coordination.

The Other Side of the Ledger...

Critics of the pardon will argue that compliance lapses at major platforms have real national-security implications and that accountability at the top deters future abuse. Expect renewed debate on whether executive clemency undermines deterrence—or simply corrects an outlier outcome for a non-fraud case.

Bottom Line...

Zhao’s pardon is a symbolic endcap to a multi-year saga and a strong indicator of where the current administration wants crypto policy to go: normalization instead of stigmatization, with an emphasis on building within the rules rather than litigating against the industry. The regulatory playbook hasn’t vanished; the posture has.-------------------------Author: Jules LaurentEuro Newsroom | Breaking Crypto News 

Subscribe to GCP in a reader

Abu Dhabi, UAE - The Global Blockchain Show 2025 will take place at the prestigious Space42 Arena in Abu Dhabi from December 10–11, 2025, bringing together the world's top Web3 and blockchain specialists. Considered one of the leading conferences for decentralized innovation globally, the event will showcase creative ideas, stimulating conversations, and revolutionary solutions driving the next wave of digital transformation.

Supported by the Abu Dhabi Convention & Exhibition Bureau and arranged in association with Times of Blockchain, the Global Blockchain Show enhances the UAE's reputation as a world hub for blockchain innovation and quality.

This year's schedule is packed with high-level discussions, technical courses, and well-selected networking opportunities. The agenda includes in-depth discussions of tokenization, DeFi, digital assets, Web3 gaming, AI-blockchain convergence, enterprise blockchain adoption, and regulatory clarity. The program's objective is to create a collaborative setting where policymakers, startups, investors, and entrepreneurs can exchange ideas and create new growth opportunities.

The pace is being accelerated by the speaker schedule, which features some of the most prominent names in the industry.

One of the exceptional speakers scheduled for this year's event is Yat Siu, a visionary entrepreneur and co-founder of Animoca Brands, a world leader in intellectual property rights for gaming and the open metaverse. Siu has been instrumental in encouraging the broad use of NFTs and blockchain-based gaming.

Sergej Kunz, co-founder of the popular decentralized exchange (DEX) aggregator 1inch Network, has made significant progress on DeFi by giving customers safe and effective ways to exchange digital assets.

Akshat Vaidya, a managing partner and co-founder, oversees Maelstrom's venture, liquid, and buyout investment deal strategy. Akshat brings a wealth of strategic investment experience to the table, having led M&A at BitMEX and carried out leveraged buyouts at Granite Creek Capital Partners. He has established himself in the blockchain investment community since graduating from the Wharton School.

Andy Tang, the managing partner of Draper Dragon, has over 20 years of experience in venture capital. Tang has seeded more than 15 unicorn companies in the domains of software, blockchain, fintech, AI, and healthcare. His insightful observations and venture capital experience have made him a respected voice in the global innovation ecosystem.

Tether co-founder and stablecoin pioneer Reeve Collins. To bridge the gap between fiat and blockchain, Collins, a seasoned businessman, developed Tether, one of the most innovative digital assets ever. Currently, he is in charge of projects like TreasuryX, WeFi, and SuperSol that are pushing the boundaries of Web3 adoption.

"The Global Blockchain Show is proud to have played a part in Abu Dhabi's rapid ascent to prominence as a leading center for Web3 innovation. This year's event will highlight technology while also highlighting the crucial collaborations that drive real adoption and impact.” stated Vishal Parmar, VAP Group's Founder and CEO. 

The exhibit depicts the UAE's growing status as a global hub for blockchain innovation and is set against the technologically sophisticated backdrop of Abu Dhabi.

Early-bird pricing is offered for a limited period, and tickets are now available. Sign Up Now

About the Global Blockchain Show

The Global Blockchain Show is one of the most important international gatherings focused on the future of decentralized technology. It brings together regulators, investors, entrepreneurs, and industry leaders to shape the narrative of blockchain adoption across industries.

The Global Blockchain Show 2025 is anticipated to draw thousands of attendees, making it a historic event that will influence the relationships, discussions, and tactics that will shape the blockchain landscape for years to come.

Event Details:Venue: Space42 Arena, Abu DhabiDate: 10–11 December 2025Official Partner: Times of BlockchainWesbite : Global Blockchain Show

About VAP Group: A leading AI, Blockchain, and Gaming consulting giant driving AI and Web3 solutions over the past 12 years under the flagship events that are globally renowned under the brand of Global AI Show, Global Games Show, and Global Blockchain Show. With a strong footprint in the UAE, UK, India, and Hong Kong, our expert team of over 170 professionals ensures that our clients remain at the forefront of innovation. We drive innovation through Strategic PR and Marketing, Bounty Campaigns, and Global Events that showcase the brightest minds in the transformative fields of Web3, AI, and Gaming. We also offer services in advertising and media, as well as staffing.

Press Contact:Public Relations Team | media@globalaishow.com

Subscribe to GCP in a reader

Thanks to government incentives boosting wind and solar investments, Brazil is now generating more energy than they can use. But energy storage hasn't quite caught up, so if the energy generated isn't being used, it's just wasted, with some plants wasting up to 70% of their juice. Enter crypto miners: flexible energy consumers who can scale operations up or down faster than you can say "blockchain," helping balance supply without stressing the grid.Crypto mining companies are making a beeline for Brazil's surplus renewable energy — with several firms negotiating deals with local electricity providers to tap into wind and solar power that otherwise goes to waste.

Renova Energia is already investing $200 million in a massive mining project powered by wind farms in Bahia. Meanwhile, companies like Enegix have proposed building mobile data centers plugged directly into power plants — turning previously wasted energy into profit. 

Of course, it's not all sunshine and rainbows; concerns about water use during droughts and regulatory gaps linger. Still, Brazil's clean energy boom is turning crypto mining from an energy hog into a potential diamond in the rough.------- Author: Adam Lee Asia News Desk / Breaking Crypto News

Subscribe to GCP in a reader

Walmart’s fintech affiliate OnePay is planning a crypto upgrade. According to AInvest the company will add Bitcoin and Ethereum trading to its mobile app later this year as part of its ambition to build a U.S.‑style “super app”

The expansion will let users hold, buy and sell digital coins and convert them to cash for shopping at Walmart or paying card balances.

OnePay launched in 2021 as a joint venture between Walmart and Ribbit Capital and already offers high‑yield savings, credit and debit cards, BNPL loans and wireless phone plans

OnePay isn’t going it alone...The company will partner with Zerohash, a crypto‑infrastructure startup, to handle custody and trading. This avoids the headache of building a trading stack from scratch. The app currently ranks No. 5 among free finance apps on Apple’s App Store and already has a built‑in advantage: Walmart’s network of roughly 150 million U.S. shoppers per week

Adding crypto support should help close the competitive gap with rivals like PayPal and Cash App, most of which already offer some form of crypto services. The move reflects a broader trend — even Morgan Stanley’s E‑Trade is preparing to offer direct crypto exposure to clients.

Zerohash recently raised $104 million to scale its platform as more banks and fintech firms chase the crypto crowd. The 'Super App' Concept is Also Elon Musk's Goal for X...It's now a race between Musk and Walmart, this move puts Walmart ahead in the race when it comes to payments, and X leaps ahead when it comes to the app being used for people to communicate. It seems much easier for Musk to add payment features than it will be for Walmart to get customers to even think of their app as a social platform.

Both are trying to make a US version of China's WeChat, which is a messenger app that Chinese citizens now use for a huge portion of financial transactions. 

My take..

Partnering with Zerohash is a smart move for OnePay — better to rent the plumbing than to reinvent it. 

The bigger question is whether grandma will really trade Bitcoin while picking up groceries, probably not, but frankly, grandma won't be here forever and younger generations are a lot more comfortable blurring the lines between paper money in a wallet and digital currencies in a virtual wallet.

Still, with 150 million shoppers in its orbit, Walmart can introduce crypto to middle America in a way that crypto‑native apps can only dream of. If successful, OnePay’s move could make crypto spending as mundane as buying milk — which is both exciting and oddly depressing for those who remember Bitcoin’s rebellious roots.On a final note, when attempting to sign up to OnePay to take a look,  I was rejected despite putting in completely accurate information - it's safe to say I'm pretty unimpressed by any app that tells me I am not really me. -------------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader

 “We’re changing finance” they said... well, they did. Now another round of repayments to clean up the mess is that made is on the way. This time, they’re dishing out $1.6 billion to creditors on September 30.

This marks the third big distribution since Sam Bankman-Fried’s crypto empire imploded back in November 2022. For those keeping score, previous payouts have already sent more than $6 billion back into the hands of people who once logged in expecting to trade crypto, not accidentally fund a real-life cautionary tale.

The FTX Recovery Trust, the team babysitting what’s left of crypthe empire, says payments will flow through BitGo, Kraken, or Payoneer. As long as creditors have jumped through the verification hoops on the claims portal, they should see the money land in their accounts within three business days. Smooth sailing—well, smoother than the last time they dealt with FTX.Where things stand:

- FTX.com Customers (Class 5A): Getting an extra 6% this round, which brings them up to about 78% repaid overall.

- FTX.us Customers (Class 5B): A hefty 40% payout this time, pushing them up to 95% repaid in total.

- General Unsecured + Digital Asset Loan Claims (Classes 6A & 6B): Both groups are seeing a 24% distribution in this round, bringing them to 85% overall.

- Then users with under $10k (Class 7) should have recouped 120% following this payment - more than they lost. 

But worth noting, this is based on USD value of their account the on the day FTX shut down, and in many cases users would have earned much more if it all remained in crypto.

When the exchange went under, it didn’t just bruise investor confidence. It helped shove the entire crypto market into a nasty bear phase. And, of course, Sam Bankman-Fried himself ended up convicted on seven counts of fraud and conspiracy. The man who once charmed Congress and celebrities alike now has fewer freedoms than his onetime favorite video game character in League of Legends.

While Some Prison Time is Deserved, The Facts in the End Got Me Thinking...

Thinking back to the day when Sam was sentenced to 25 years in prison -  the courtroom heard gut-wrenching testimony. Several FTX users explained how they’d lost their life savings, their security, their futures—gone overnight. The judge, right after hearing all this devastation, handed down a quarter-century prison term. Case closed, right?

But... none of that ended up happening. Fast-forward to now, and the math looks different. Thanks to a little timing and some lucky investments (hello, Solana at under $1), creditors aren’t just being made whole—they’re being paid back at about 125% of their original U.S. dollar balances. In other words: nobody actually lost their life savings after all.

But here’s the kicker—Sam is still serving a sentence fit for someone who ruined thousands of lives. Make no mistake, what he did was fraudulent, reckless, and criminal. He absolutely deserves years behind bars. But 25 years - that's a bill to the taxpayer for roughly $1,100,000! That’s where things feel messy.

Imagine instead: house arrest, an ankle monitor, zero unsupervised internet access, and the entire bill picked up by Sam and his wealthy parents. He’s not a violent offender, I don't think anyone fears him. Keeping him caged for decades doesn’t make us any safer - it just has us paying for his meals really.

The irony is hard to miss: the victims are walking away with more than they lost,  but taxpayers still foot the bill to warehouse Sam for 25 years. Justice? Maybe. Efficient? Not even close.

-------------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader

Tether, the company behind the world’s largest stablecoin USDT, is making a big move into the American market. On Friday, CEO Paolo Ardoino announced the upcoming launch of a new U.S.-focused stablecoin called USAT, expected to go live by the end of the year.

The new project will be run by Bo Hines, a former White House digital assets official, who will serve as USAT’s CEO. Unlike Tether’s global USDT, USAT is being structured as a U.S. company, with headquarters in Charlotte, North Carolina.

What is USAT?

According to its official website, the new stablecoin is designed to give users the “power of the dollar” in digital form. It will be:

-  Fully backed by liquid reserves such as U.S. dollars and short-term Treasuries

-  Issued under U.S. law, specifically the recently passed GENIUS Act, which created the first federal regulatory framework for stablecoins

-  Capable of instant, peer-to-peer transactions without intermediaries

Unlike USDT, which is issued offshore, USAT will be issued directly from within the U.S. by Anchorage Digital Bank, a federally chartered crypto bank founded in 2017. Custody services will be provided by Cantor Fitzgerald, a major Wall Street firm.

Why Now?

Ardoino described the launch as a response to growing competition in the U.S. market, particularly from Circle’s USDC, which recently went public in a blockbuster IPO.

“I think it’s a very exciting moment because we were under severe pressure from competitors that want to create a monopolistic environment in the United States,” Ardoino said at the New York press event. “We believe that Tether is the best product in the market.”

Hines echoed the sentiment: “We want people to know that Tether is here to participate in the U.S. economy in a huge way. I think our expansion will be exorbitant over the course of the next 12 to 24 months.”

The Bigger Picture

Tether already plays a massive role in global finance. Its flagship stablecoin, USDT, has a market capitalization of more than $169 billion (CoinGecko). The company is also one of the largest buyers of U.S. Treasury bills, holding more than $33 billion worth as of 2024.

Analysts at J.P. Morgan recently noted that stablecoin issuers could become the third-largest buyers of U.S. government debt in coming years — an eye-opening prospect for both Wall Street and Washington.

The U.S. government has been warming up to stablecoins under the Trump administration. The GENIUS Act, signed into law in July, requires that all stablecoins be backed by high-quality liquid assets and that issuers publish monthly reserve disclosures.

A History of Scrutiny, and an Active Investigation?

Tether’s U.S. expansion comes despite its history of regulatory run-ins. In 2021, the company settled with the New York Attorney General’s office over allegations that it misled investors about the reserves backing USDT, agreeing to provide quarterly reports.

More recently, The Wall Street Journal reported that U.S. authorities were looking into whether Tether had violated sanctions or anti-money-laundering rules. Ardoino denied that the company is under investigation.

What’s Next

If USAT launches on schedule, it will directly challenge Circle’s USDC for dominance in the American stablecoin market. By anchoring the project within U.S. regulations and institutions, Tether is clearly signaling that it wants to be more than just the world’s leading offshore stablecoin issuer.

Personally, I find stablecoins hard to get excited about. Of course, I use them regularly and agree with their usefulness - but all I need to be fully satisfied with one is that it holds its value. If several prove to do this reliably, I don't care which one I use. It's just a bit odd seeing competition between coins  that literally do the exact same thing.

---------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader

Bitcoin has grown by 29% since the start of 2024, which has led other assets to surge as well.

While Trump’s tariff hikes have caused a “disturbance in the crypto force,” the recent surge shows people are no longer viewing Bitcoin as a speculative asset, but as a true store of value.

As crypto’s value gradually gains global recognition, a question arises: How can ordinary investors participate in the blockchain ecosystem and generate sustainable returns?

A more rational approach is mining. However, traditional mining often faces challenges such as high costs and high technical barriers.

XiuShan Mining’s Cloud Mining Platform

XiuShan Mining keeps things simple through accessibility. Thanks to its remote mining, users do not need to purchase mining machines or manage complex operations and maintenance.

By selecting a computing power package on the platform, users can participate in Bitcoin mining in real time at global mines and receive daily returns based on their computing power share. This significantly lowers the barrier to entry and makes mining profits more transparent and efficient.

In this model, investors transform the risk of a one-time purchase into a sustainable, low-friction way to acquire Bitcoin—truly achieving “easy mining, stable returns.”

XiuShan Mining Cloud Mining Solution

No Equipment Purchase Required: Users do not need to purchase mining machines.

Remote Operation and Maintenance: A professional team manages hardware and computing power scheduling.

Flexible Contracts: Users simply select a computing power package to participate in mining profits in real time.

Transparent Costs: Revenues are transferred into accounts daily.

Users select computing power packages on the XiuShan Mining platform (equivalent to purchasing “productivity”). This system distributes computing power to mining machines worldwide. The miners’ job is to perform mathematical calculations (block verification) and generate Bitcoin rewards.

How to Join XiuShan Mining

Register an account – New users receive a $15 bonus, and daily check-ins earn an additional $0.60.

Select hash rate contract – Supports over ten major cryptocurrencies, including BTC, ETH, XRP, SOL, and USDT.

Automatically start cloud mining – After purchasing a contract, users can view real-time earnings on their mobile phone.

Daily profit settlement – Stable returns, creating a sustainable, long-term profit model.

XiuShan Mining offers a variety of contracts to meet diverse investment needs. Regardless of the investment amount, the platform informs users of their daily earnings upfront.

After buying a contract, earnings are deposited into the account the very next day.

XiuShan Mining also features a peer-to-peer marketplace where computing power can be bought and sold among cryptocurrency miners.

Today, XiuShan Mining serves more than 1.2 million daily users and also provides a mobile mining app, making participation more remote and accessible.

Conclusion

Remote crypto mining will be the key to making passive income using crypto assets in 2025. Platforms like XiuShan Mining are becoming a top choice for investors due to their superior security, high returns, and excellent user experience.

To learn more about how to start mining, visit the official website at: https://xiushanmining.com

Or Contact: info@xiushanmining.com--------------Information Provided Via Press ReleaseCrypto Press Release Distribution Network

Subscribe to GCP in a reader

Most messaging apps today depend on the internet, big companies, and central servers to send your messages - none of the above applies to Bitchat, the new app co-created by Jack Dorsey (former Twitter CEO and co-founder) and Bitcoin developer and long-time privacy advocate Calle. Bitchat features both messaging, and the ability to send/receive Bitcoin payments. 

The main motivator to create Bitchat was privacy, which is minimal in most popular messengers today,  as your data is being handled by someone else. Bitchat functions so independent from company servers, it doesn't even need an internet connection.   Bitchat doesn’t need the internet to work, and it even lets you send Bitcoin directly.

What Makes Bitchat Different?

1. Privacy First

Bitchat doesn’t ask for your email, phone number, or personal info. That makes it harder for companies, governments, or hackers to snoop on you. It’s built around Bitcoin’s core values: decentralization, censorship resistance, and peer-to-peer freedom.

2. Works Without Internet

Stuck at a festival with no signal? In a rural area? Or even in a power outage? Bitchat still works. That’s because it connects devices directly through something called a mesh network. Your messages hop from one phone to another until they reach the person you’re chatting with.

In fact, during major outages—like the one in April 2025 that knocked out power across parts of Spain, France, and Portugal—Bitchat could have kept people connected.

3. Send Bitcoin Anywhere

Besides chatting, you can also send Bitcoin through the app. No banks, no payment processors—just Bitcoin’s own network. Your phone can even create and sign transactions offline, which then travel through nearby devices until they reach the network.

For merchants, this could be a game-changer. Payments don’t need middlemen, and in the future, integration with the Lightning Network could make transactions even faster and cheaper.

4. Extended Range with Mesh Networks

Normally, Bluetooth works only a short distance. But Bitchat uses Bluetooth mesh networking—your message can jump from phone to phone, extending the range up to 300 meters (or farther if more people are connected). Think of it like a digital relay race.

5. Built on Cypherpunk Ideals

Bitchat isn’t just a tech experiment—it’s a nod to the cypherpunk movement, which values privacy, independence, and control over your own communications.

How It Works...

Local Mesh: Phones connect directly using Bluetooth Low Energy (BLE). Messages hop across devices until they arrive.

Optional Global Mode: If you want to reach beyond local connections, Bitchat can use Nostr—a decentralized protocol that runs through relays on the internet.

Encryption: Messages are secured with the Noise protocol, so only the sender and recipient can read them.

Efficiency: Data is compressed to save bandwidth, and the app adjusts its power use to save battery.

The app is still new, and while its private messaging system is strong, it hasn’t been fully audited by outside security experts yet.

Criticisms and Concerns...

Bitchat has gotten plenty of attention for its bold approach, but it hasn’t been without criticism.

When the beta launched earlier this month, Dorsey promoted it as a secure and private messaging tool. Soon after, security researcher Alex Radocea published a blog post pointing out a serious flaw: it’s currently easy to impersonate other people inside Bitchat.

“In cryptography, details matter,” Radocea wrote. “A protocol that has the right vibes can have fundamental substance flaws that compromise everything it claims to protect.”

Dorsey later admitted the app had not yet gone through an external security review, meaning there may still be unknown vulnerabilities.

Another concern is the app’s distribution. On iOS, Bitchat is available through the App Store. For Android, users must download it from GitHub since it hasn’t officially launched on Google Play. Unfortunately, multiple lookalike apps have already appeared on the Play Store—some with thousands of downloads—raising the risk that people may install a fake version instead of the real one.The only legit ways to download it is the Apple App Store for iOS users, or their official GitHub for Android users. 

Should You Download It?

There's some legitimate reasons to have something capable of offline messaging for emergencies, places outside of cell reception, or places where cell towers can be overloaded like large events.  But i'd hold off on trusting it with your Bitcoin, the concerns we covered here are legitimate, and any environment where it's easy for one user to pose as another is not the place for financial transactions.  -------Author: Mark PippenLondon NewsroomGlobalCryptoPress | Breaking Crypto News

Subscribe to GCP in a reader

 

These telegram communities are considered 'free' - at least in my opinion. While it's no surprise they aren't just giving away valuable trading info and charge a (surprisingly reasonable) membership fee - if the end result is you making more money than the membership price, that means it literally cost you nothing. So maybe 'free' isn't far enough - these communities pay you to be a member.

What puzzles me most is anyone who believes top traders would never really share their trades, i've seen the topic come up and people respond with things like 'no way those are legit'- but WHY? Don't make me explain why it's good if people buy a coin after you bought it first. Well, that's why people share a trade - you know there's no incentive to keep a trade a secret, right. Don’t just take my word for it—visit any of the links below and read the reviews from real users who joined these communities. We're only featuring the best crypto telegram channels with great reputations, so you probably won't find any negative reviews for them, but if you browse some of the ones we didn't include you'll see that dissatisfied people definitely make it known - so we know the reviews aren't censored or cherry-picked here.

Inside Bets

Crypto Inside Bets’ Telegram channel emphasizes its auto-trading signals and high accuracy.

Crypto Inside Bets is a Telegram-based signals channel that prides itself on automation and accuracy. It runs through the Cornix bot to enable one-click copy trading on both futures and spot markets. This means subscribers can have trades executed automatically, 24/7, without needing to constantly watch the charts. The service is designed to catch rapid price moves (often in volatile meme coins) by pushing out a high volume of signals each day with preset stop-loss and take-profit levels for risk management. In other words, every trade alert comes with a clear plan for entry and exit.

High Signal Frequency: Delivers 20–50 signals per day for active trading opportunities.

98% Accuracy: Markets itself as achieving up to a 98% win rate on its trade calls. This high success claim is based on their internal tracking, and users report very consistent results.

Fully Automated Trading: Integrates with Cornix for 100% auto-trading, so users can mirror trades hands-free.

Built-in Risk Management: Each signal includes preset stop-loss and take-profit targets, helping enforce discipline and protect against big losses.

Newbie-Friendly Structure: The service caters to beginners by providing structure and 24/7 support, and its Telegram feedback page has over 1,000 positive reviews attesting to its reputation.

Members often highlight the structure and confidence this channel provides. “I’m not a pro trader — just someone who wanted to stop losing money on random entries. This channel gave me structure. Now I wait for their signals, follow the plan, and exit with profits,” one user reported.

Many also praise the team’s transparency – daily recaps of wins and losses are posted, so nothing is hidden. Overall, Crypto Inside Bets offers a high-volume, hands-off approach that can be appealing if you want a steady stream of signals and the option to automate your trades. See Crypto Inside Bets here.

Crypto Galaxy

Crypto Galaxy is a Discord community run by “Crypto Galaxy,” a multi-millionaire trader known for scouting micro-cap gems before they pump. He famously called projects like Kaspa at $0.004 (before it skyrocketed) and caught 50x runs on coins such as Pepe, Turbo, and others. The VIP membership gives you direct access to all of Crypto Galaxy’s trades and research in real time, essentially allowing you to “ride along” with an expert who has a knack for finding under-the-radar tokens.

Early Access to Gems: Get alerts on new low-cap projects before they surge, leveraging Crypto Galaxy’s track record of finding coins early.

Real-Time Trade Signals: Receive instant buy/sell alerts for both short-term trades and longer-term investments. These signals come with analysis so you know why a coin is promising.

Educational Resources: Membership includes in-depth PDF guides and even a Crypto Constellation eBook that breaks down trading strategies and market insights. Great for those looking to learn, not just copy trades.

Community & Support: An exclusive Discord with 24/7 chat, active moderators, and Q&A means you can ask questions and learn from fellow members anytime. The team is very responsive and will help troubleshoot or explain trades.

Tiered Offerings: Beyond the standard VIP ($179/month), there are higher tiers like an Ultimate membership with 1-on-1 coaching, and even a lifetime bundle for serious investors. This flexibility lets you choose how much access you need.

This group is highly rated by its members (around 4.95★ from 300+ reviews on the Whop platform). Users frequently mention the quality of insight and integrity of the community.

“This man is a crypto guru – he has insights that nobody else has and his team of moderators are unbelievable,” one review raves.

Unlike some signal groups, Crypto Galaxy is noted for not taking money to promote coins artificially; the focus is on genuine research. New traders find value in the tutorials and guides provided, while experienced traders appreciate the constant feed of new ideas. Overall, Crypto Galaxy VIP offers a mix of early-stage crypto scouting and education, guided by a trader with a strong track record. See Crypto Galaxy here.

Kaizen Platinum

Kaizen Platinum is a premium crypto trading community created by Brian Jung, one of the largest crypto YouTube influencers. With over 21,000 members onboard and a team of more than 20 analysts backing the service, Kaizen is one of the most comprehensive signal and education hubs out there. The name “Kaizen” (Japanese for continuous improvement) reflects its ethos – it’s not just about trade alerts, but about constant learning and refinement of your trading skills.

Expert Trade Signals: Subscribers get full access to real-time trading calls on a variety of coins. Over 20 professional analysts post their setups and insights, so you’re not relying on just one person’s perspective. This diversifies the trading ideas (spot trades, futures, scalps, etc.) you can follow.

Live Mentorship & Workshops: Kaizen Platinum hosts weekly livestreams, Q&A sessions, and workshops where Brian Jung and his team dive into market analysis, review member trades, and teach strategies in real-time. It’s like having a live class each week to keep you up to date and sharpen your skills.

Educational Academy: A standout feature is the extensive library of courses, tutorials, and guides available to members. There are materials for all levels – from crypto trading basics and key terms for beginners, up to advanced technical analysis and strategy breakdowns for seasoned traders. This structured learning path helps traders truly improve over time.

Active Community & Networking: When you join Kaizen, you tap into a large Discord community of crypto enthusiasts. There are channels for different topics (e.g. futures trading, NFTs, macro analysis) and a very active chat. Members often collaborate, share tips, and even team up on research. (There’s even a job board connecting crypto freelancers with opportunities, showing the community’s breadth.)

Professional Resources: Platinum members receive premium content like detailed market trend breakdowns, forecast reports, and priority support. Higher-tier plans can include portfolio reviews or more personalized mentorship, and there’s a lower-cost Kaizen Lite option (~$7/week) for those who want to try basics first.

Given its scope, Kaizen Platinum does come at a premium price (~$199/month). However, many members feel it’s worth it for the value delivered.

Traders credit Kaizen for “completely shifting my mindset and elevating my trading to another level”, as one review put it. The community vibe is frequently praised – “it really feels like you’re gaining invaluable knowledge. Come in, make money, learn, make friends; that’s priceless,” writes another member.

The Platinum analysts often receive shout-outs for timely calls (for example, correctly calling market turns or hot new coin picks). In short, Kaizen Platinum is a top-tier choice for those who want a full-service trading community that blends signals with serious education and mentorship. Check out Kaizen here.

The Whale Room

The Whale Room is a well-known crypto trading room linked to the popular Crypto Banter media team. Led by Crypto Banter’s own analyst Kyle Doops, this community’s mission is to “create the most profitable trading community in the world”. It’s a Discord and Telegram-based service that provides around-the-clock market coverage – hence the reference to “whales,” or big players, as the group tries to anticipate and ride whale-level market moves.

24/7 Trade Calls: The Whale Room delivers trading signals at all hours, issued by a group of elite traders from around the world. No matter when volatility strikes – day or night – you’ll likely see an alert if a major opportunity is brewing.

Direct Setup Alerts: Members get instant notifications when a trader spots a setup (entry, stop, targets provided). These automatic alerts ensure you can act quickly on fast-moving trades. It’s like having a team of scouts monitoring the market for you nonstop.

Institutional-Grade Data: A unique selling point is access to exclusive institutional data feeds. The Whale Room shares insights on order flow, on-chain metrics, and macro trends to help spot big market shifts before they happen. This data can give you an edge that typical retail traders don’t have.

Community & Collaboration: Branding itself as “the strongest trading community in the world,” the group emphasizes teamwork. The Discord is highly active – members chat about strategies, share charts, and learn together in a supportive environment. It feels very much like a family (a “whale family,” as one user called it).

World-Class Education: Beyond signals, Whale Room offers a wealth of educational content – from technical analysis explainers to recorded webinars. The traders not only call signals but also explain their reasoning and teach their strategies, so members become better traders themselves. They even run trading challenges and competitions to keep members engaged and growing.

The membership runs about $159/month (with options for quarterly access) and holds a 4.7★ rating on Whop. Feedback from traders has been excellent

“One of the best trading and educational groups out there... what you get for your money is truly impressive,” says one subscriber. People appreciate that it’s not just signals but a whole learning experience – you get the why behind the trades. Another long-time member wrote, “I think you will have a real hard time to find a paid group that is more worth its money… The entire team is top notch!

Many credit the group with accelerating their learning (“learned more in weeks than I did in months elsewhere”) thanks to the mentors’ dedication (specific analysts like Farouk and others often get shout-outs for their help). If you’re looking for a round-the-clock, institutional-style trading community with a strong educational bent, The Whale Room stands out - check them out here.

TradePro Elite Community

TradePro Elite (run by the trader EnhancedMarket) is a Discord community and trading mentorship program focused on day trading strategies. It’s built around a proprietary system called the EMS (Enhanced Market Strategy), which the team claims has up to a 90% win rate on trades. The bold promise on their site is to take members “from unprofitable to consistently profitable” and even help them “earn an extra $3,000–$5,000 per month” via guided trading. TradePro Elite achieves this through a mix of live training, fast alerts, and intensive support.

Live Trading Sessions: Every trading day, the community hosts live Zoom trading sessions during market hours. You can watch the lead traders (including EnhancedMarket himself) trade in real time – a fantastic way to learn techniques, see their screen, and even follow along on promising setups.

Instant Signal Alerts: The group provides real-time buy and sell signals with full details (entry price, targets, stop-loss, etc.) for stocks and crypto day trades. These alerts are very fast and precise, letting members quickly capitalize on opportunities identified by the pros.

“$1K to $100K” Challenge: A signature feature is their small account challenge – strategies to grow $1,000 into $100,000 through disciplined trading. They post weekly game plans for this challenge, so members can follow along and gauge their progress. It’s both educational and motivating (especially seeing others hit big milestones).

Multiple Analysts & Markets: TradePro Elite isn’t a one-man show; there are several analysts (“snipers”) providing alerts across different tickers and markets. You get exposure to various trading styles and can pick the analyst or strategy that fits you best. This also means alerts cover crypto, equities, and more around the clock.

Comprehensive Training Resources: Members have access to a whole suite of learning tools: the EMS trading video course (explaining the 90% win-rate strategy step by step), a Day Trading 101 eBook for beginners, trade replays and chart tutorials to review past setups, plus an indicator (EMS Cloud) for TradingView to aid your analysis. There are also fun perks like trading quizzes, bounties, and even prizes to keep the community engaged.

1-on-1 Coaching & Support: Despite having thousands of members, TradePro Elite emphasizes personal support. The team offers 24/7 chat support in Discord for any questions, and higher-tier plans include direct 1:1 mentorship or coaching calls. The head trader (EnhancedMarket) is very active in answering questions and reviewing member trades, which fosters a transparent and helpful environment.

TradePro Elite has attracted a large following – over 18,000 members have joined via its Whop page (with many starting on a free trial of the basics) – and maintains about a 4.98★ rating from hundreds of reviews. Members frequently praise the community’s honesty and depth.

“Unmatched transparency and accountability, you will not find this in any other community,” one reviewer noted, highlighting how the coaches lead by example. The results shared by members are also compelling: many report turning their trading around after joining. “I came from another group... none have been as comprehensive and transparent as [TradePro Elite]. There is no BS, only value. After only a couple months I feel far more confident as a trader, and I have been consistently profitable,” says one user’s testimonial.

Such feedback underscores the group’s focus on genuine improvement rather than get-rich-quick hype. In summary, TradePro Elite offers an intensive, hands-on trading community – combining high-probability signals, live education, and strong support – targeted at those serious about leveling up their day trading skills and income., Check them out here.

So, in conclusion...

Each of these premium crypto communities takes a slightly different approach – from fully automated signal feeds to mentorship-driven discords – but all share a common goal: helping members trade smarter and more profitably. If you’re considering a paid group, weigh the features and style that fit your needs. Whether it’s hands-off copy-trading with Crypto Inside Bets or deep-dive learning with Kaizen or TradePro Elite, the best community is one that aligns with your trading goals and learning preferences. Always remember that no group can guarantee profits, but the right one can provide valuable guidance, reduce the learning curve, and keep you motivated in the volatile world of crypto trading.

------------------- Author: Bradley Harrison Guest author submitted article Best Crypto Telegram Channels

Subscribe to GCP in a reader

Ethereum (ETH) surged to a fresh all-time high yesterday, smashing past the $4,800 mark and triggering one of the most dramatic liquidation events in recent memory. While the new price milestone made headlines, it was the fallout in leveraged trades—$364 million in total liquidations—that revealed the real impact on traders.

Who Got Hurt...

According to data from Coinglass, approximately $284 million was lost in short positions, while $80 million was wiped out from longs—the heaviest round of liquidations in six months.

Shorts Caught in a Squeeze: In Early, Wrong Prediction...

The largest losses came from traders betting against ETH, and were doing so before before the rally even began, convinced that a pullback was imminent. Others tried to call the top after a brief dip in price, expecting a correction. Both groups were caught flat-footed as Ethereum kept climbing, with their positions forcibly closed as the market moved against them.

Longs Buying the Top: Late To The Party...

Another wave of pain came from traders who joined the rally too late. Seeing ETH surge to new highs, they piled into long positions hoping the momentum would continue. Instead, the climb stalled, prices dipped, and their leveraged longs quickly unraveled—adding $80 million more to the liquidation tally.

The Day Ended Up Setting a Six-Month Record for Liquidations...

While the profits greatly outweighed the losses, it goes to show that anytime there's big movement there's a lot of money goin in either direction.  Many would assume a popular coin gaining a lot of value probably wouldn't trigger the highest liquidation day in 6 months - but it did. There's just so many people in the market now, each with their own thoughts and formulas to predict what's next - so no matter which way a coin goes, there's still going to be a lot of people who were wrong.   Friday’s chart now shows the biggest single-day sell-off bar for ETH in six months. The spike in liquidations underscores how fast leverage can turn against traders when volatility accelerates.

The ETF Effect and What Comes Next...

Ethereum’s rally is playing out against a very different backdrop than past cycles: spot ETH ETFs are already live in the United States. These funds, launched in July 2024 by major players including Grayscale, Fidelity, iShares, and VanEck, collectively saw more than $1 billion in trading volume on their first day.

With ETFs in the mix, ETH’s price action is no longer just a story of crypto-native speculation. Traditional investors now have a regulated, accessible entry point, and their inflows and outflows are beginning to shape market dynamics.

Looking ahead, several factors will determine whether Ethereum continues its upward trajectory:

ETF Flows – Continued demand through ETFs could provide strong buying pressure, while outflows would apply the opposite effect.

Institutional Adoption – Funds, pensions, and asset managers are now able to allocate to ETH more easily, potentially creating sustained demand.

Network Upgrades – Improvements in Ethereum’s scalability and fee structure could strengthen the long-term bull case.

Macro Trends – As always, ETH remains tied to Bitcoin’s momentum and broader risk sentiment across global markets.

The Takeaway...

I have to be honest - I have no idea why anyone would have been betting big against ETH yesterday, I don't see any indicators telling me that would have been a good idea. So I can't answer why they did it, just how they lost it. Ethereum’s breakout above $4,800 wasn’t just a milestone—it was a stress test for traders. Shorts betting against the rally lost $284 million, while late longs who bought the top lost another $80 million, bringing the day’s total to $364 million in liquidations.

At the same time, with spot ETFs already in play, Ethereum’s market is entering a new era where traditional financial flows matter just as much as crypto-native trading. If the past week proved anything, it’s that momentum in ETH can turn fast—and when it does, leverage cuts deep.

-------Author: Mark PippenLondon NewsroomGlobalCryptoPress | Breaking Crypto News

Subscribe to GCP in a reader

Don and Eric Trump make an appearance on Fox and Friends and discussed a number of topics including their family getting involved in crypto, along with the rest of the 'entire world' as crypto is officially the fastest growing industry, Video Courtesy of Fox News. Subscribe to GCP in a reader

(New York, NY) As energy-intensive mining machines and complex mining processes are gradually phased out, a smarter and more sustainable way to earn income from digital assets is emerging. Sunny Mining has launched a new generation of cloud mining mobile applications, allowing BTC and XRP users to start mining with a mobile phone without any equipment or technical background, and convert their holdings into stable daily passive income. Sunny Mining is committed to breaking the barriers to traditional mining and simplifying the complex mining process into intelligent and automated operations, truly realizing "everyone can mine and earn profits every day." Why Sunny Mining has won wide recognition from users around the world Cloud mining is rapidly becoming a mainstream way to grow crypto assets, and Sunny Mining is leading this intelligent transformation. This application eliminates all technical barriers to traditional mining:  - No need to purchase expensive mining machines  - No high electricity costs  - No technical background or system deployment required  - No equipment maintenance or noise issues  - No time or location restrictions - With just a mobile phone and $100 USD, users can participate in smart mining of major cryptocurrencies like BTC, ETH, and DOGE, with their earnings settled in assets like USDT or XRP. -  - The app automatically handles all processes from mining to payment. - Automated AI smart mining, daily settlement of profits Sunny Mining uses advanced artificial intelligence algorithms to analyze the computing power distribution and mining difficulty of blockchain networks such as BTC, ETH, and DOGE in real time, and automatically allocates user computing power to the mining pool with the best current returns to maximize mining profits. Here's how to do it: Visit the Sunny Mining website and register using your email address. Get a $15 sign-up bonus and an additional $0.60 per day for logging in. Start mining contracts by depositing BTC or XRP, starting with just $100. Profits are credited daily and can be withdrawn at any time. Sunny Mining offers a variety of cloud mining contract options to suit different users' budgets and profit goals:

Contract Type

Amount

Period

Daily income

Total revenue

Experience Contract

$100

2day

$4

$108

Basic Contract

$500

5day

$6.25

$531.25

Basic Contract

$1,000

10day

$13

$1,130

Intermediate Contract

$5,000

21day

$74

$6,554

Advanced Contracts

$27,000

40day

$475.2

$46,008

For more contract details, please visit https://www.sunnymining.com to learn more

Who is suitable for using Sunny Mining? Sunny Mining is suitable for all users who want to convert their cryptocurrency assets into sustainable passive income, especially the following: • Newbies looking for an easy way to get started with cloud mining • Remote workers or retirees seeking stable returns • Home users looking to generate passive income through digital assets • Forward-thinking investors investing in Web3 and the digital economy • Crypto holders who don't want to worry about hardware, noise, or system setup If you want to use one mobile phone and one account to get stable income every day, Sunny Mining will be your ideal choice. Five key advantages of choosing Sunny Mining: ✔ Zero-threshold mining: no mining rigs or technical background required ✔ Automatic daily profit settlement, available for withdrawal at any time ✔ Supports deposits and withdrawals in major cryptocurrencies such as BTC, ETH, XRP, DOGE, and USDT ✔ Powered by clean energy, providing an environmentally friendly and sustainable mining experience ✔ Integrated security with McAfee® and Cloudflare®. Simpler, smarter - start daily mining income with your mobile phone Sunny Mining's mobile cloud mining app is designed for users seeking convenient and sustainable returns. With one phone, one account, and one launch, you can enjoy daily passive income powered by AI and green energy. Official Website: https://www.sunnymining.com Press Inquiries: Alice Davies - info@sunnymining.com -------- Information Provided via Press Release Crypto Press Release Distribution Subscribe to GCP in a reader

If you’ve been around the crypto block, you’ve probably seen your fair share of DeFi platforms promising to give you an “edge.”  But Velvet Capital is taking that idea and plugging it directly into an AI brain — one that works in real-time, on-chain, and can even execute trades for you. They’re calling it DeFAI (Decentralized Finance + Artificial Intelligence), and it’s like having a personal trading desk that never sleeps. We also have Velvet Capital referral codes that will get you a supposed upcoming airdrop! Deeply Integrated AI Sees The Market, and Trade on It... Velvet Capital’s DeFAI is a full-stack crypto assistant that lives right inside the Velvet dApp. It’s built on a multi-agent AI operating system, meaning your requests are routed to specialized AI agents — like the platform’s own “Velvet Unicorn” — that are fine-tuned for different parts of your DeFi journey. Ask it what coins are hot this second, today, or this week. Have it find what the whales are buying right now. Or skip the research entirely and just say, “Trade 50 USDT to ETH” — it’ll do the swap for you on-chain. You can access the AI by clicking this at the center-bottom of the screen. Because the system constantly evaluates agent performance and adjusts prompts and workflows, it’s designed to get smarter the more people use it. What It Can Do for You Velvet’s DeFAI assistant isn’t just a glorified chatbot. Here’s what you can ask it to handle: Token Discovery & Hot Picks “What tokens are trending on Base today?” or “What’s your top pick for the next hour?” Deep-Dive Token Analysis Technical charts, social sentiment scans, on-chain data, and even a price prediction for your token of choice. Trade Execution in Natural Language “Swap 1 BNB for USDT on BSC” and watch it happen on-chain. Whale Watching See what the big players are buying — in real time. Platform Navigation Get guided help finding yields, analyzing charts, or pulling up your portfolio. Fresh Alpha & News The AI shares hourly “alpha calls” (one token with growth potential and the reasoning behind it) plus quick crypto news updates. And yes — all of it happens without leaving the dApp The Platform Velvet isn’t just about AI — the rest of the platform packs serious DeFi firepower: 30+ Yield Integrations: Compare APYs, TVL, and other stats, then deposit directly into protocols from the Yield page. Token Analytics Pages: Pull up charts, on-chain transactions, and execute trades in one place. Portfolio Management: See all your positions, click into any token for more data, or instantly buy/sell. In other words, Velvet Capital aims to be your all-in-one on-chain hub — with AI giving you the intel and execution edge. Rumored Airdrop for Early Users? How to get it: Whispers in the community suggest that early Velvet Capital users might get rewarded with an upcoming airdrop. If that turns out to be true, you’ll need to have joined via an invite link or enter the referral code from an existing user to be eligible. Here are invite links if you want in: For Ethereum-based wallets (Metamask, TrustWallet, Coinbase Wallet, etc.): Join Here Or manually enter: 6896287fb71bb094578aacf3 For Solana wallets: Join Here Or manually enter: 68714edc431612f7c1571bbf I'd suggest using the platform to make a couple trades you were going to make anyway, as most airdrops require you have not just joined but used the platform.  Past DeFi platform airdrops have been insanely profitable, Uniswap's airdrop ended up being worth thousands in a short period of time. Is this next trend in DeFi? Probably, yes. The DeFi world moves in seconds, and by the time you’ve done your research, a trade opportunity can be gone. Velvet’s DeFAI feels like a natural evolution — real-time AI that sees everything happening on-chain and can act on it for you, instantly. It just feels like you suddenly gained a huge advantage. Down the line they plan for people to be able to basically hand the AI a budget, and tell it a strategy you want it to run, and you can walk away while day after day it does what you told it to. So imagine telling it to put "$100 on tokens that appear to be pumping, sell whenever the price decreases by 3%", or "buy any top 10 coin that just had a dip of 10% or more and has reversed direction and begun to go up again" and until you tell it to stop, you know you're catching all those trades.  This will be massive. If I'm right about this becoming much more common, it's worth checking out just to make sure you don't fall behind - and if the airdrop rumors are true, giving it a test drive may pay off. ------- Author: Mark Pippen London Newsroom GlobalCryptoPress | Breaking Crypto News Subscribe to GCP in a reader

BONK Launchpad is having its moment. It’s become the go-to spot for top deployers migrating from Pump.fun, pushing out 300+ new tokens per day. That’s not just momentum—it’s dominance. BONK is now outpacing Pump.fun in both daily launches and token “graduations” (when a token hits enough liquidity and trading activity to get listed on big Solana DEXs like Raydium).

By the numbers, BONK is crushing it: it accounts for 58.5% of all token launches and an even more impressive 75% of all graduations. It just broke into the top 3 for memecoin social dominance—for the first time ever. The BONK crowd is loud, proud, and absolutely riding this wave.

But there’s a plot twist brewing...

Rumors are flying about a major comeback move from Pump.fun: a native token drop that could steal the spotlight back. Details are scarce, but a now-deleted pre-sale banner on Gate.io has only stoked the fire.

If the leak holds water, here’s what’s coming:

Token: $PUMP

Total Supply: 1 trillion

Pre-sale: 150 billion tokens at $0.004

Raise Target: $600 million

FDV: $4 billion

That $4B valuation looks like a bargain next to Messari’s $7B fair value estimate for Pump.fun. Then again, with 100% of tokens unlocking at launch, selling pressure could hit hard if the hype isn’t rock solid.

Sources on X point to a potential launch window between July 12–15, with the pre-sale possibly kicking off this Saturday. So yeah, it’s getting real.

What This Means for Solana...

A token drop of this scale isn’t just big news for Pump.fun—it could ripple across the entire Solana ecosystem.

Traders might dump other assets to ape into $PUMP,  Liquidity Drain: SOL could get sucked into $PUMP liquidity pools, starving smaller tokens, or it could trigger a hype squeeze where $PUMP hype might drown out new launches... which actually isn't good when you're a launchpad. 

With SOL already testing key support levels, any of those effects could create short-term turbulence. Weaker tokens could take the biggest hit, and fresh launches might get overshadowed entirely.

The Good News...These storms usually pass quick. Solana’s still one of the most resilient ecosystems in crypto. Once the $PUMP hype cycle runs its course, we’ll likely see attention rebalance across the memecoin landscape.

Just be careful—this kind of buzz is prime time for scams. Fake $PUMP tokens will almost definitely flood in. As always, DYOR and stick to verified channels.

This isn’t just another token launch—it’s shaping up to be a full-on memecoin moment for Solana. Will $PUMP deliver the spark to reclaim the throne? Or is BONK just getting started?

Let’s see who really runs the playground.

-------------------Author: Oliver ReddingSeattle Newsdesk  / Breaking Crypto News

Subscribe to GCP in a reader