RPassarin1993

Trump-backed project launches strategic cryptocurrency reserve to strengthen the market.

While the United States' National Strategic Bitcoin Reserve is still in the works, other projects are making progress in this area. World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has just announced the “Macro Strategy”. This is a cryptocurrency reserve designed to mitigate market volatility, providing more stability and resilience to selected projects.

Cryptocurrency reserve under debate
The campaign around Trump was victorious by raising many flags in the cryptocurrency sector. Among them, the creation of a Strategic Bitcoin Reserve. The topic is advancing in several US states, but at the national level it remains stagnant. However, about to complete one month in office, many doubts surround the creation of the reserve by the United States.

Although the Republicans, Trump's party, have a majority in the House and Senate, the party has had internal conflicts. There is a dispute between the more traditional wing of the party and the “Trumpists”, those who surfed the Trump wave.

Furthermore, Trump's right-hand man on the cryptocurrency issue, David Sacks, wants to debate the issue of cryptocurrencies for at least six months. The strategy is to attract the Democratic wing of the party to support the proposal and provide stability for the Reserve, regardless of changes in the White House.

Source: CriptoFácil

🤡Rumor: Cryptocurrency wallets are being drained after users accessed adult websites

Source: livecoins

Memecoin that is very successful on the Solana network 🚀😎 and came to help countless children in Africa, I'm talking about -> HYPERSKIDS

The HypersKids Token is a token created by HypersKids Africa, allowing you to stake it and generate passive income.

While generating income, you also contribute to the education, food and housing of countless children involved in the process.

CA: GwkEDwePTa6aFosh9xzAniGK1zvLrQ5yPJfLnqwmuyhG

💰 The mempool has been emptied for the first time in almost 2 years!

The mempool being emptied means that all pending Bitcoin transactions have been confirmed, a rare occurrence that has not occurred in almost two years.

🇸🇻Satoshi Nakamoto Statue in El Salvador

The statue of Satoshi Nakamoto at the Plan B Forum in El Salvador is a tribute to the creator of Bitcoin and the mystery of his identity.

Although Satoshi remains anonymous, his legacy lives on in the Bitcoin code.

Source -> BitNada

Dogecoin outperforms and has more utility than Banco do Brasil, highlights Bitcoiner economist.
😅😅😅
In a statement that sparked debate in the market, economist Henrique Giron, a graduate of Mackenzie, stated that Dogecoin, a cryptocurrency initially created as a meme, has “more value and utility” than Banco do Brasil, one of the largest public banks in the country.

The controversial comparison arose during the Plan B conference, which is taking place in El Salvador and seeks to demonstrate how the adoption of cryptocurrencies is changing the local economy.

Giron, who works in the crypto and blockchain market, bases his analysis on recent market value (market cap) data. According to him, Dogecoin, which reached a market capitalization of US$$ 88 billion in 2021 (compared to the current US$$ 48 billion), has recently surpassed Banco do Brasil, whose market capitalization fluctuates around US$$ 24 billion.

“Dogecoin, despite being a digital currency without physical backing or strict regulation, represents a technological disruption. It is decentralized, globally accessible in seconds, and its community drives its adoption organically. Traditional banks, such as BB, are tied to bureaucracy, high fees, and slow to innovate,” he argued.

Dogecoin is better than Banco do Brasil.

The economist also highlighted the technological efficiency of cryptocurrencies: “While an international transaction through Banco do Brasil can take days and cost absurd fees, Dogecoin does the same in minutes, with negligible costs. This is real value for the user.”

Source: BITNOTÍCIAS

Sliding to success this #ChineseNewYear! Join the#Snakemovement and conquer the market. 🐍🌟"🚀🚀🚀
Solana Network

Bitcoin Price Hits $$ 72K in South Korea as ‘Kimchi Premium’ Returns
BTC’s price has surpassed $$ 72K in South Korea as the “Kimchi premium” surges, suggesting strong retail interest as the government mulls Bitcoin ETF approval.
Bitcoin (BTC) price briefly hit a new all-time high of 96,734,000 South Korean Won, or $72,504, on March 5 at 3:00 PM UTC on Upbit, South Korea’s largest cryptocurrency exchange.
This coincided with the Bitcoin price hitting a new all-time high above $69,200 on March 5, driven by continued inflows into U.S. Bitcoin ETFs.

Bitcoin’s price rally is primarily driven by institutional demand in the United States, CryptoQuant analyst Ho Chan Chung told Cointelegraph. However, this is not the case in South Korea. Since the country does not have spot Bitcoin ETFs, retail buying is the main driver of Bitcoin’s price rally. The Kimchi premium was first observed in 2016 and highlighted in a 2019 paper by the University of Calgary. According to the researchers, between January 2016 and February 2018, South Korean Bitcoin exchanges witnessed average prices 4.73% higher than exchanges in the United States. During Bitcoin’s bull run in December 2017, South Korean exchanges traded Bitcoin at nearly 50% higher prices than most exchanges worldwide, prompting CoinMarketCap to delist some Korean exchanges due to “extreme divergence in prices from the rest of the world.” During the 2021 bull run, the Kimchi premium peaked at 21.56% on May 19, when Bitcoin was trading above the $36,000 level before reaching its previous all-time high in November 2021.

Some traders are likely trying to profit from these price differences across multiple exchanges, also known as arbitrage.

It's trending...

A screenshot of BTCAI, a meme coin on the Solana network, has been recorded in Bitcoin block 880512.

The project bills itself as "the first artificial intelligence to awaken on Bitcoin."

The creators have invested heavily to immortalize this on the blockchain.

Source: mempool

"McDull: the memecoin that came to make history! 🚀 Join the revolution and be part of this growing community!#McDull#Crypto #ToTheMoon"
Even #GEORGINA, #CR7's WIFE, DISCLOSED IT on her Social Media 🐷🚀 and now WE WILL BE LISTED TOMORROW ON THE BROKERAGE 😎 🇧🇷🚀✌️

Lets Gooo BITCOIN 🚀🇧🇷🇺🇲 😎

😅 Do I tell or do you tell?

Source: livecoins

Ooo MENINO LINDO 🤗 kkkk😁😅

🇦🇪 Dubai is planning to open a 17-story Crypto Tower in 2027 in the Jumeirah Lake Towers district, focusing on blockchain and cryptocurrency companies. The building will feature AI innovation spaces, an NFT gallery, and blockchain-based operations.

Source: bitnoticias

🤡 Pix of R$$ 5 thousand – Government Revokes Federal Revenue Regulation

The government revoked the Federal Revenue regulation that required the inspection of financial transactions above R$$ 5 thousand via Pix, after strong negative repercussions and misinformation about possible taxation.

Source: cointelegraph

💰 Senator Lummis: "Wouldn't it be fun if the US bought Bitcoin and that scared China and Russia into buying Bitcoin too, and we had an arms race over Bitcoin instead of weapons."

💰 Solana Community Donates $20 Million to Children’s Cancer

The story of Mira, a child with a rare brain tumor, inspired the creation of the $MIRA token, which has raised $20 million in donations. Despite liquidity challenges, the funds are supporting essential research, showing the positive impact of the crypto sector.

Source: solanafloor

🔹 Vitalik Buterin donated $290,000 to Khao Kheow Zoo, triggering a surge in the Moodeng token.

💰 Renato Trezoitão predicts that Bitcoin could reach US$$ 600 thousand and, in the long term, up to US$$ 922 thousand, driven by large institutions and governments. He suggests that the current cycle could "break patterns" and warns of possible future corrections, despite the optimism about the appreciation.

Source: livecoins

Aave DAO Considers Departing Polygon After Bridge Proposal

Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1,215,716,77971 billion in stablecoin reserves.

The Aave community is deliberating on the possibility of shutting down operations on Polygon, citing concerns over the impending review of the risk profile of assets transferred on the network.

A Dec. 13 proposal initiated by Aave Chain founder Marc Zeller seeks to review the risk parameters of Aave v2 and Aave v3 instances on the Polygon network.

According to Zeller, the move is in response to a Polygon governance proposal that calls for using over $1,215,716,77971 billion in stablecoin reserves to farm on other protocols, such as Morpho and Yearn.

The proposal includes a number of significant adjustments to risk parameters, such as setting the loan-to-value (LTV) ratio to 0%, increasing Reserve Factors, and freezing certain reserves in Aave’s v2 and v3 implementations.

The LTV (loan-to-value) ratio determines how much a user can borrow based on their collateral. By setting the LTV to 0%, users will no longer be able to use transferred assets as collateral to borrow funds, thereby reducing the risk of cascading liquidations in the event of a bridge vulnerability.

Meanwhile, the asset freeze would prevent users from interacting with several transferred tokens, including USD Coin Bridged (USDC.e), wrapped Ether (wETH), wrapped Staked Ether (wstETH), wrapped Bitcoin (wBTC), Aave (AAVE), Chainlink (LINK), Aavegotchi (GHST), Lido Staked Matic (StMATIC), and the Tether and USDT stablecoins.

Aave is one of the largest lending protocols on the Polygon network. According to data from DefiLlama, Aave users have $12,157,167797461 million in total value locked on Polygon.

On the other hand, the cumulative fees generated on Polygon for the Aave Chain amount to $12,157,167797122 million at the time of writing.

Fonte:Cointelegraph