Tonja Frisina G7Yt
Open Trade
Frequent Trader
10.4 Months
2 Following
28 Followers
36 Liked
1 Shared
#ETHCrossed2500 #################### ############################################################## saadbaad
$XRP This week Ark Invest CEO Cathie Wood CEO explained she believes the U.S. economy is emerging from what she describes as a three-year “rolling recession” triggered by the Federal Reserve’s rate hikes. Wood also noted that Ark has a 2030 bull prediction price target for bitcoin at $1.5 million.
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
#AltcoinSeasonLoading This week Ark Invest CEO Cathie Wood CEO explained she believes the U.S. economy is emerging from what she describes as a three-year “rolling recession” triggered by the Federal Reserve’s rate hikes. Wood also noted that Ark has a 2030 bull prediction price target for bitcoin at $1.5 million.
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
#AltcoinSeasonLoading This week Ark Invest CEO Cathie Wood CEO explained she believes the U.S. economy is emerging from what she describes as a three-year “rolling recession” triggered by the Federal Reserve’s rate hikes. Wood also noted that Ark has a 2030 bull prediction price target for bitcoin at $1.5 million.
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
Wood Maps Out a New Bull Era Fueled by AI and Capital Flows
Despite recent market volatility and tariff concerns, Ark Invest’s CEO Cathie Wood framed the current environment as a “global tax cut” scenario, suggesting that efforts to reduce trade barriers and taxes are starting to materialize, clearing up policy uncertainty.
Wood expressed optimism about the months ahead, pointing to rising productivity across sectors, especially within the government and biotech fields. She cited rapid advancements in generative artificial intelligence (AI), including tools now used by the FDA to streamline clinical trial reviews from days to minutes.
According to Wood, this productivity boom could lead to lower-than-expected inflation and create favorable conditions for capital investment. Cathie Wood reaffirmed Ark Invest’s long-term bitcoin projections, crediting Ark’s analyst David Puell for laying out the detailed framework behind these forecasts, highlighting expectations that bitcoin will continue to pull market share from gold.
“So we have always had a 2030 target at the base case in the $700,000 to $750,000 range,” Wood told CNBC’s Andrew Ross Sorkin. “The bull case in the $1.5 million dollar range. David Puell, our onchain analyst, put that piece out recently, and you can see the building blocks, how much share we expect bitcoin to either take from gold or grow that store of value market.”
Wood concluded:
Institutions moving in, and they’ve barely moved in. We have a million more coins, roughly, to be minted ever. And institutions are just testing the waters right now, and then there’s the emerging market use cases as well. So we think we have
$ETH billion, reinforcing bullish interest across spot markets. Bitcoin’s total market capitalization rose 1.59% to $2.04 trillion, extending its dominance in absolute value. However, BTC’s share of the overall crypto market dipped to 63.89%, down 0.86 percentage points, signaling a potential reallocation of capital into altcoins as traders seek broader exposure.
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
$BTC billion, reinforcing bullish interest across spot markets. Bitcoin’s total market capitalization rose 1.59% to $2.04 trillion, extending its dominance in absolute value. However, BTC’s share of the overall crypto market dipped to 63.89%, down 0.86 percentage points, signaling a potential reallocation of capital into altcoins as traders seek broader exposure.
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
#CryptoComeback billion, reinforcing bullish interest across spot markets. Bitcoin’s total market capitalization rose 1.59% to $2.04 trillion, extending its dominance in absolute value. However, BTC’s share of the overall crypto market dipped to 63.89%, down 0.86 percentage points, signaling a potential reallocation of capital into altcoins as traders seek broader exposure.
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
#CryptoComeback billion, reinforcing bullish interest across spot markets. Bitcoin’s total market capitalization rose 1.59% to $2.04 trillion, extending its dominance in absolute value. However, BTC’s share of the overall crypto market dipped to 63.89%, down 0.86 percentage points, signaling a potential reallocation of capital into altcoins as traders seek broader exposure.
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
Bitcoin Continues Six-Figure Rally While Stocks Stumble
( BTC dominance / Trading View)
Despite the price rise, derivatives data tells a more cautious story. BTC futures open interest fell 2.20% to $67.12 billion, suggesting some leveraged positions were closed amid the surge. Coinglass reported total liquidations of $717,990 over the past 24 hours, with long positions accounting for $589,520 compared to just $128,470 in shorts. Bulls bore the brunt of intraday volatility, indicating that not all traders timed the rally effectively
#AppleCryptoUpdate against the U.S. dollar.
This money-laundering episode notably heightened interest in monero, fueled by its privacy-centric attributes. This incident ignited the dramatic price upswing observed at the end of April, coinciding precisely with market records highlighting an increase from $234.59 on April 28 to $258.13 by April 29. Furthermore, Monero’s network experienced several developments in 2025, most notably the April 5 launch of version 0.18.4.0.
The latest upgrade, coupled with intensive research into optimized ring signatures and the innovative FCMP++ optimization contest, significantly bolstered users’ trust in the protocol’s effectiveness and privacy, enhancing its overall allure within the privacy-coin community. While market data reveals that XMR delivered an impressive 45% return since January, BTC only managed a modest 3.83% increase, and ETH faced a substantial 44% decline from the year’s outset.
Examining the broader 12-month horizon paints an even more intriguing picture: BTC achieved a significant 64% climb, ETH plunged 38%, and XMR appreciated by a much larger 120% rise during the same period. What adds a fascinating twist to XMR’s impressive journey is its ability to thrive despite facing widespread delistings from numerous major exchanges, a fate it shares with other privacy-focused cryptocurrencies. Yet, despite monero’s commendable gains this year, it remains significantly beneath its historical price peak—still trading more than 47% below its all-time high of $542, established seven years earlier..
Peering into the future, monero’s enduring tenacity points toward its growing appeal among individuals who prioritize privacy, even as broader investor sentiment remains cautiously reserved. Over time, monero, alongside a select group of other privacy-oriented cryptocurrencies, might increasingly drift apart from their mainstream counterparts, sculpting out a distinct niche uniquely positioned to flourish on the principles of uncompromising privacy
This money-laundering episode notably heightened interest in monero, fueled by its privacy-centric attributes. This incident ignited the dramatic price upswing observed at the end of April, coinciding precisely with market records highlighting an increase from $234.59 on April 28 to $258.13 by April 29. Furthermore, Monero’s network experienced several developments in 2025, most notably the April 5 launch of version 0.18.4.0.
The latest upgrade, coupled with intensive research into optimized ring signatures and the innovative FCMP++ optimization contest, significantly bolstered users’ trust in the protocol’s effectiveness and privacy, enhancing its overall allure within the privacy-coin community. While market data reveals that XMR delivered an impressive 45% return since January, BTC only managed a modest 3.83% increase, and ETH faced a substantial 44% decline from the year’s outset.
Examining the broader 12-month horizon paints an even more intriguing picture: BTC achieved a significant 64% climb, ETH plunged 38%, and XMR appreciated by a much larger 120% rise during the same period. What adds a fascinating twist to XMR’s impressive journey is its ability to thrive despite facing widespread delistings from numerous major exchanges, a fate it shares with other privacy-focused cryptocurrencies. Yet, despite monero’s commendable gains this year, it remains significantly beneath its historical price peak—still trading more than 47% below its all-time high of $542, established seven years earlier..
Peering into the future, monero’s enduring tenacity points toward its growing appeal among individuals who prioritize privacy, even as broader investor sentiment remains cautiously reserved. Over time, monero, alongside a select group of other privacy-oriented cryptocurrencies, might increasingly drift apart from their mainstream counterparts, sculpting out a distinct niche uniquely positioned to flourish on the principles of uncompromising privacy
#DigitalAssetBill Tether’s chief executive, disclosed that the firm intends to introduce a new stablecoin for the U.S. market this year.
Tether Preps U.S. Stablecoin Launch, CEO Says It Outpaces TradFi in Enforcement
Commanding the world’s largest stablecoin, with $148.94 billion in circulation, Tether has plans to launch yet another stablecoin crypto asset. Speaking with CNBC at the Token2049 conference in Dubai, Ardoino noted the launch is slated for year-end 2025.
“A domestic stablecoin would be different from the international stablecoin,” Ardoino explained to CNBC. “It depends on the timeline of the final legislation… but we are looking at that by the end of the year, or early next year at the fastest,” the Tether CEO added.
While Tether has expanded its footprint, fiat-pegged crypto-asset rivals are eager to capture a slice of its market. USDC, the second-largest stablecoin, has seen its market cap climb to $61.38 billion, and yield-bearing assets and tokenized Treasury funds have multiplied over the past year.
During his CNBC interview this week, Ardoino stressed Tether’s rigorous compliance and asserted that no other company has worked with law enforcement as extensively. “There is no company… even in the traditional financial system, that has such a breadth of collaboration with law enforcement,” the Tether CEO said.
Ardoino added:
We are always trying to do better and more to block criminal activity…. we have much better tools than the traditional financial system and we’re proving that everyday.
Tether’s foray into a U.S.-regulated market demonstrates a bold ambition to synchronize regulatory compliance with cutting-edge innovation, promising to redefine stablecoin dynamics. The company’s CEO did not divulge how the U.S.-based stablecoin would distinguish itself from its flagship U.S. dollar-backed stablecoin USDT.
Tether Preps U.S. Stablecoin Launch, CEO Says It Outpaces TradFi in Enforcement
Commanding the world’s largest stablecoin, with $148.94 billion in circulation, Tether has plans to launch yet another stablecoin crypto asset. Speaking with CNBC at the Token2049 conference in Dubai, Ardoino noted the launch is slated for year-end 2025.
“A domestic stablecoin would be different from the international stablecoin,” Ardoino explained to CNBC. “It depends on the timeline of the final legislation… but we are looking at that by the end of the year, or early next year at the fastest,” the Tether CEO added.
While Tether has expanded its footprint, fiat-pegged crypto-asset rivals are eager to capture a slice of its market. USDC, the second-largest stablecoin, has seen its market cap climb to $61.38 billion, and yield-bearing assets and tokenized Treasury funds have multiplied over the past year.
During his CNBC interview this week, Ardoino stressed Tether’s rigorous compliance and asserted that no other company has worked with law enforcement as extensively. “There is no company… even in the traditional financial system, that has such a breadth of collaboration with law enforcement,” the Tether CEO said.
Ardoino added:
We are always trying to do better and more to block criminal activity…. we have much better tools than the traditional financial system and we’re proving that everyday.
Tether’s foray into a U.S.-regulated market demonstrates a bold ambition to synchronize regulatory compliance with cutting-edge innovation, promising to redefine stablecoin dynamics. The company’s CEO did not divulge how the U.S.-based stablecoin would distinguish itself from its flagship U.S. dollar-backed stablecoin USDT.
#StablecoinPayments its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025.
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
#AirdropFinderGuide its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025.
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
#AirdropStepByStep its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025.
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
#AirdropSafetyGuide its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025.
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking
Through a collaboration with the TON Foundation, USDe will be integrated into leading TON-compatible wallets and decentralized exchanges (DEXes), including Telegram’s native Wallet, Tonkeeper, and Mytonwallet. Users will be able to purchase and stake USDe, earning yield in a manner similar to existing options like toncoin (TON) or Tether’s USDT.
A crypto-native alternative to the dollar, USDe can be staked to receive tsUSDe, which generates annual percentage yields (APY) paid in TON. To encourage early participation, users holding up to 10,000 tsUSDe in qualifying wallets will receive an additional 10% APY boost in TON through the end of 2025.
Ethena Labs tailored tsUSDe specifically for TON’s decentralized finance (DeFi) framework, with the intention of spurring broader community engagement. The companies also intend to introduce further reward initiatives aimed at catalyzing TON’s DeFi expansion.
USDe will mark the first major asset to connect with TON using Layerzero’s cross-chain messaging infrastructure. Current USDe holders will be able to bridge their tokens to TON via Stargate Finance when the integration launches.
Designed with mainstream users in mind, the TON development team says the initiative enables Telegram users to earn dollar-denominated returns through simple, two-step interactions—no prior crypto knowledge required. More than a dozen TON-native platforms, including Dedust and Ston.fi, will support USDe at launch.
The team notes that this development reflects TON’s effort to broaden its DeFi capabilities by tapping into Telegram’s vast global audience. With Ethena’s addition, it is believed that TON further diversifies its stablecoin ecosystem, staking a claim in the growing market for consumer-facing crypto
#SaylorBTCPurchase media reports that the South Korean cryptocurrency exchange Bithumb is restructuring its operations ahead of a planned initial public offering (IPO) in the second half of 2025. The company revealed it will spin off its non-exchange businesses into a new entity, Bithumb A, effective July 31, 2025.
The corporate registry notes that Bithumb A will encompass the firm’s investment, holding, and new business divisions, while the original Bithumb entity will focus solely on cryptocurrency exchange operations. The spin-off aims to isolate potential risks from non-core activities and enhance operational efficiency. Shareholders will receive stakes in both entities proportional to their existing holdings.
Samsung Securities has been appointed as the lead underwriter for the IPO. Bithumb is considering listing on South Korea’s KOSDAQ or pursuing a dual listing that includes the Nasdaq in the United States. The company previously attempted a KOSDAQ listing in 2020 but withdrew due to regulatory uncertainties.
In 2024, Bithumb reported a net profit of $110 million, marking a 560% increase from the previous year. Despite this growth, the exchange remains second to domestic competitor Upbit in market share. For instance, over the last day, Upbit recorded $2.24 billion in trade volume while Bithumb reported $934.77 million, according to coinmarketcap.com stats.
The restructuring is designed to present a more transparent and focused corporate structure to potential investors. By separating its core exchange business from other ventures, Bithumb aims to mitigate risks and comply with regulatory standards.
The company has stated that the spin-off and IPO plans are subject to shareholder approval and regulatory review. Bithumb has not disclosed specific timelines for the IPO beyond the targeted second half of
The corporate registry notes that Bithumb A will encompass the firm’s investment, holding, and new business divisions, while the original Bithumb entity will focus solely on cryptocurrency exchange operations. The spin-off aims to isolate potential risks from non-core activities and enhance operational efficiency. Shareholders will receive stakes in both entities proportional to their existing holdings.
Samsung Securities has been appointed as the lead underwriter for the IPO. Bithumb is considering listing on South Korea’s KOSDAQ or pursuing a dual listing that includes the Nasdaq in the United States. The company previously attempted a KOSDAQ listing in 2020 but withdrew due to regulatory uncertainties.
In 2024, Bithumb reported a net profit of $110 million, marking a 560% increase from the previous year. Despite this growth, the exchange remains second to domestic competitor Upbit in market share. For instance, over the last day, Upbit recorded $2.24 billion in trade volume while Bithumb reported $934.77 million, according to coinmarketcap.com stats.
The restructuring is designed to present a more transparent and focused corporate structure to potential investors. By separating its core exchange business from other ventures, Bithumb aims to mitigate risks and comply with regulatory standards.
The company has stated that the spin-off and IPO plans are subject to shareholder approval and regulatory review. Bithumb has not disclosed specific timelines for the IPO beyond the targeted second half of
$TRX aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance.
Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out
Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week.
The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected to weaken the dollar as GDP growth slows.” It also pointed to broader economic turbulence: “Tariff policy is also part of the uncertain policy mix, which is contributing to the shakier US economic outlook.” These conclusions come amid signs of falling demand for U.S. assets and reduced tourism inflows, raising questions about the future of dollar dominance.
Michael Cahill, senior currency strategist at Goldman Sachs, explained that trade policy now threatens one of the core reasons the dollar has remained strong in recent years. “We have previously argued that the US’s exceptional return prospects are responsible for the dollar’s strong valuation,” Cahill wrote, emphasizing:
But, if tariffs weigh on US firms’ profit margins and US consumers’ real incomes, they can erode that exceptionalism and, in turn, crack the central pillar of the strong dollar.
The research team’s forecasts include a projected 10% decline in the dollar’s value versus the euro and about 9% against the Japanese yen and British pound over the coming year. Goldman Sachs noted a shift away from U.S. assets among foreign investors and cited policy inconsistency as a major factor deterring long-term investment.
The Goldman Sachs report also examined the mechanics of how tariffs might impact currency values in the months ahead. It found that when it comes to “tariffs on so-called critical imports, which are hard to substitute, increased
Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out
Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week.
The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected to weaken the dollar as GDP growth slows.” It also pointed to broader economic turbulence: “Tariff policy is also part of the uncertain policy mix, which is contributing to the shakier US economic outlook.” These conclusions come amid signs of falling demand for U.S. assets and reduced tourism inflows, raising questions about the future of dollar dominance.
Michael Cahill, senior currency strategist at Goldman Sachs, explained that trade policy now threatens one of the core reasons the dollar has remained strong in recent years. “We have previously argued that the US’s exceptional return prospects are responsible for the dollar’s strong valuation,” Cahill wrote, emphasizing:
But, if tariffs weigh on US firms’ profit margins and US consumers’ real incomes, they can erode that exceptionalism and, in turn, crack the central pillar of the strong dollar.
The research team’s forecasts include a projected 10% decline in the dollar’s value versus the euro and about 9% against the Japanese yen and British pound over the coming year. Goldman Sachs noted a shift away from U.S. assets among foreign investors and cited policy inconsistency as a major factor deterring long-term investment.
The Goldman Sachs report also examined the mechanics of how tariffs might impact currency values in the months ahead. It found that when it comes to “tariffs on so-called critical imports, which are hard to substitute, increased
#TRXETF aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance.
Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out
Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week.
The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected to weaken the dollar as GDP growth slows.” It also pointed to broader economic turbulence: “Tariff policy is also part of the uncertain policy mix, which is contributing to the shakier US economic outlook.” These conclusions come amid signs of falling demand for U.S. assets and reduced tourism inflows, raising questions about the future of dollar dominance.
Michael Cahill, senior currency strategist at Goldman Sachs, explained that trade policy now threatens one of the core reasons the dollar has remained strong in recent years. “We have previously argued that the US’s exceptional return prospects are responsible for the dollar’s strong valuation,” Cahill wrote, emphasizing:
But, if tariffs weigh on US firms’ profit margins and US consumers’ real incomes, they can erode that exceptionalism and, in turn, crack the central pillar of the strong dollar.
The research team’s forecasts include a projected 10% decline in the dollar’s value versus the euro and about 9% against the Japanese yen and British pound over the coming year. Goldman Sachs noted a shift away from U.S. assets among foreign investors and cited policy inconsistency as a major factor deterring long-term investment.
The Goldman Sachs report also examined the mechanics of how tariffs might impact currency values in the months ahead. It found that when it comes to “tariffs on so-called critical imports, which are hard to substitute, increased
Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out
Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week.
The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected to weaken the dollar as GDP growth slows.” It also pointed to broader economic turbulence: “Tariff policy is also part of the uncertain policy mix, which is contributing to the shakier US economic outlook.” These conclusions come amid signs of falling demand for U.S. assets and reduced tourism inflows, raising questions about the future of dollar dominance.
Michael Cahill, senior currency strategist at Goldman Sachs, explained that trade policy now threatens one of the core reasons the dollar has remained strong in recent years. “We have previously argued that the US’s exceptional return prospects are responsible for the dollar’s strong valuation,” Cahill wrote, emphasizing:
But, if tariffs weigh on US firms’ profit margins and US consumers’ real incomes, they can erode that exceptionalism and, in turn, crack the central pillar of the strong dollar.
The research team’s forecasts include a projected 10% decline in the dollar’s value versus the euro and about 9% against the Japanese yen and British pound over the coming year. Goldman Sachs noted a shift away from U.S. assets among foreign investors and cited policy inconsistency as a major factor deterring long-term investment.
The Goldman Sachs report also examined the mechanics of how tariffs might impact currency values in the months ahead. It found that when it comes to “tariffs on so-called critical imports, which are hard to substitute, increased
$ETH hover in neutral territory. The relative strength index (RSI) registers 47.53, the Stochastic oscillator 72.30, and the commodity channel index 26.84—each midrange. An average directional index reading of 21.08 signals a weak trend, while the Awesome oscillator sits at −0.08575, reinforcing the lack of decisive direction. Meanwhile, the momentum oscillator flashes sell at 0.03029 even as the moving average convergence divergence (MACD) prints a buy cue at −0.04377.
Moving averages tell a tale of indecision across time horizons. Ten‑period exponential and simple moving averages flash optimism at $2.07310 and $2.07709, respectively. Yet the EMA (20) at $2.09532 and EMA (30) at $2.13449 lean bearish, reflecting midrange hesitation. Notably, the 200‑period EMA and SMA—often viewed as arbiters of long‑term sentiment—remain supportive of upward continuation, resting at $1.96045 and $1.93327 and both issuing bullish signals. This split verdict highlights the ongoing technical ambiguity in XRP’s trajectory.
Bull Verdict:
XRP’s consolidation above key support levels, combined with a resilient V-shaped recovery on the daily chart and buy signals from the long-term 200-period exponential and simple moving averages, supports a cautiously optimistic outlook. If the price breaks above $2.09 with conviction and volume confirms the move, bullish traders could see a continuation toward the next resistance levels near $2.15 and beyond.
Bear Verdict:
Despite short-term buy signals, weakening momentum indicators and mid-range moving average sell signals hint at possible exhaustion. With oscillators largely neutral and the hourly chart revealing bearish divergence potential, failure to maintain support at $2.06 may trigger a retest of lower levels around $2
Moving averages tell a tale of indecision across time horizons. Ten‑period exponential and simple moving averages flash optimism at $2.07310 and $2.07709, respectively. Yet the EMA (20) at $2.09532 and EMA (30) at $2.13449 lean bearish, reflecting midrange hesitation. Notably, the 200‑period EMA and SMA—often viewed as arbiters of long‑term sentiment—remain supportive of upward continuation, resting at $1.96045 and $1.93327 and both issuing bullish signals. This split verdict highlights the ongoing technical ambiguity in XRP’s trajectory.
Bull Verdict:
XRP’s consolidation above key support levels, combined with a resilient V-shaped recovery on the daily chart and buy signals from the long-term 200-period exponential and simple moving averages, supports a cautiously optimistic outlook. If the price breaks above $2.09 with conviction and volume confirms the move, bullish traders could see a continuation toward the next resistance levels near $2.15 and beyond.
Bear Verdict:
Despite short-term buy signals, weakening momentum indicators and mid-range moving average sell signals hint at possible exhaustion. With oscillators largely neutral and the hourly chart revealing bearish divergence potential, failure to maintain support at $2.06 may trigger a retest of lower levels around $2
#TrumpVsPowell hover in neutral territory. The relative strength index (RSI) registers 47.53, the Stochastic oscillator 72.30, and the commodity channel index 26.84—each midrange. An average directional index reading of 21.08 signals a weak trend, while the Awesome oscillator sits at −0.08575, reinforcing the lack of decisive direction. Meanwhile, the momentum oscillator flashes sell at 0.03029 even as the moving average convergence divergence (MACD) prints a buy cue at −0.04377.
Moving averages tell a tale of indecision across time horizons. Ten‑period exponential and simple moving averages flash optimism at $2.07310 and $2.07709, respectively. Yet the EMA (20) at $2.09532 and EMA (30) at $2.13449 lean bearish, reflecting midrange hesitation. Notably, the 200‑period EMA and SMA—often viewed as arbiters of long‑term sentiment—remain supportive of upward continuation, resting at $1.96045 and $1.93327 and both issuing bullish signals. This split verdict highlights the ongoing technical ambiguity in XRP’s trajectory.
Bull Verdict:
XRP’s consolidation above key support levels, combined with a resilient V-shaped recovery on the daily chart and buy signals from the long-term 200-period exponential and simple moving averages, supports a cautiously optimistic outlook. If the price breaks above $2.09 with conviction and volume confirms the move, bullish traders could see a continuation toward the next resistance levels near $2.15 and beyond.
Bear Verdict:
Despite short-term buy signals, weakening momentum indicators and mid-range moving average sell signals hint at possible exhaustion. With oscillators largely neutral and the hourly chart revealing bearish divergence potential, failure to maintain support at $2.06 may trigger a retest of lower levels around $2
Moving averages tell a tale of indecision across time horizons. Ten‑period exponential and simple moving averages flash optimism at $2.07310 and $2.07709, respectively. Yet the EMA (20) at $2.09532 and EMA (30) at $2.13449 lean bearish, reflecting midrange hesitation. Notably, the 200‑period EMA and SMA—often viewed as arbiters of long‑term sentiment—remain supportive of upward continuation, resting at $1.96045 and $1.93327 and both issuing bullish signals. This split verdict highlights the ongoing technical ambiguity in XRP’s trajectory.
Bull Verdict:
XRP’s consolidation above key support levels, combined with a resilient V-shaped recovery on the daily chart and buy signals from the long-term 200-period exponential and simple moving averages, supports a cautiously optimistic outlook. If the price breaks above $2.09 with conviction and volume confirms the move, bullish traders could see a continuation toward the next resistance levels near $2.15 and beyond.
Bear Verdict:
Despite short-term buy signals, weakening momentum indicators and mid-range moving average sell signals hint at possible exhaustion. With oscillators largely neutral and the hourly chart revealing bearish divergence potential, failure to maintain support at $2.06 may trigger a retest of lower levels around $2
$SOL consolidated 9.9 BTC before channeling it into two distinct addresses—5 BTC to one and 4.89977477 BTC to the other—each portion then circulated repeatedly. Altogether, Lazarus has relocated 3,932 BTC valued at $331.99 million from the wallets flagged by Arkham Intelligence. At 11 a.m. EDT on Apr. 18, Lazarus oversees a reserve of 9,400 BTC worth more than $793 million, based on current bitcoin exchange rates.
That hoard continues to rank North Korea third, ahead of El Salvador and the Royal Government of Bhutan. The U.S. government remains the top holder with 198,012 BTC—equivalent to $16.73 billion—while the U.K. follows with 61,245 BTC, or $5.17 billion. Next after Lazarus Group’s holdings is Bhutan’s bitcoin cache, which totals 7,697 BTC, or $650.36 million. On March 16, Bhutan’s holdings stood at 10,635 BTC, meaning it has offloaded 2,938 BTC since then.
El Salvador’s balance climbed from 6,117 BTC on March 16 to the current 6,151 BTC. That uptick corresponds to acquiring one bitcoin per day, a pace the government has maintained for some time. In contrast, North Korea—or more precisely, Lazarus—appears disinclined to retain its bitcoin, swiftly cycling these assets to mask their origin. Should this trend persist and if Bhutan’s treasury holds steady, another 1,703 BTC transfer by Pyongyang would cost North Korea its third-place status among nation states. Naturally, this projection hinges on the assumption that the hacking outfit truly enjoys state backing.
That hoard continues to rank North Korea third, ahead of El Salvador and the Royal Government of Bhutan. The U.S. government remains the top holder with 198,012 BTC—equivalent to $16.73 billion—while the U.K. follows with 61,245 BTC, or $5.17 billion. Next after Lazarus Group’s holdings is Bhutan’s bitcoin cache, which totals 7,697 BTC, or $650.36 million. On March 16, Bhutan’s holdings stood at 10,635 BTC, meaning it has offloaded 2,938 BTC since then.
El Salvador’s balance climbed from 6,117 BTC on March 16 to the current 6,151 BTC. That uptick corresponds to acquiring one bitcoin per day, a pace the government has maintained for some time. In contrast, North Korea—or more precisely, Lazarus—appears disinclined to retain its bitcoin, swiftly cycling these assets to mask their origin. Should this trend persist and if Bhutan’s treasury holds steady, another 1,703 BTC transfer by Pyongyang would cost North Korea its third-place status among nation states. Naturally, this projection hinges on the assumption that the hacking outfit truly enjoys state backing.
Login to explore more contents