🇺🇸 TRON PREPARES TO LIST IN THE U.S., WITH THE PARTICIPATION OF PRESIDENT TRUMP'S SON
Justin Sun's Tron is planning to list on a stock exchange in the U.S. through a merger with SRM Entertainment (which is already listed on Nasdaq). According to the Financial Times, this deal is managed by the investment firm Dominari Securities, an entity linked to the Trump family.
A new company named Tron Inc. will be established to hold $210 million worth of TRX tokens. Eric Trump will take on a role in this new company.
After the news was announced, SRM's stock surged nearly 250% in after-hours trading, reaching $5.1.
Justin Sun is currently an advisor to World Liberty Financial (a project backed by the Trump family) and also holds $75 million in $WLFI tokens.
In conclusion: The US imposes a 55% tariff on Chinese goods. China imposes a 10% tariff on US goods. We have completed the agreement with China, just awaiting the final approval between President Xi Jinping and me. China will provide sufficient permanent magnets and necessary rare earth materials from the start. In return, we will also fulfill our commitments, including continuing to allow Chinese students to study at colleges and universities in the United States (which I have always supported!). The United States will maintain an average tariff rate of 55% on Chinese goods, while China only imposes a 10% tariff on US goods. Bilateral relations are currently very good! Thank you for your interest in this matter!
Michael Saylor shared on Bloomberg that the period of Bitcoin's severe collapse, also known as the 'crypto winter,' has ended. He believes that Bitcoin is now no longer at risk of returning to zero and is on a long-term journey towards a price of 1 million USD per coin. Saylor pointed out that support from financial institutions and political figures is increasing, including President Trump, his cabinet, as well as officials like Scott Bessent and Paul Atkins, along with the participation of banks and several countries.
He emphasized that the new supply of Bitcoin from mining activities is now only about 450 BTC per day (equivalent to 50 million USD), and this entire amount is being fully absorbed by companies holding Bitcoin reserves and ETF funds like BlackRock. With more and more large businesses showing interest, such as Trump Media raising 2.5 billion USD and GameStop raising 500 million USD, Saylor believes that demand will continue to far exceed supply.
Therefore, he thinks that the price of Bitcoin will continue to face upward pressure, and if there are adjustments, they will only occur when the price has reached extremely high levels, such as dropping from 1 million USD to 800 thousand USD, rather than from 60 thousand to 15 thousand as in previous cycles.
President Trump met with Fed Chairman Powell today, but the Fed chairman firmly refused to discuss interest rates. This is the first meeting since Trump began his second presidential term.
Although President Trump has continuously pressured the Fed to cut interest rates, the Fed asserts that monetary policy will not be discussed in this meeting.
The discussion focused on economic developments such as growth, employment, and inflation. Fed Chairman Powell emphasized that future policy decisions will be entirely based on upcoming economic data and analyzed in an objective, non-political manner, consistent with the Fed's legal mandate to support maximum employment and maintain stable prices.
After Ethereum pumps 40%/week, it's time for more good news to pump ETH again 👀
A company called SharpLink Gaming just announced a strategic Ethereum reserve worth 425 million USD 👀
ConsenSys is the main investor, and Joseph Lubin (formerly a co-founder of Ethereum, currently the founder of ConsenSys) will join the company's board of directors.
For those who don't know, ConsenSys is the parent company of Metamask, Linea, Infura, Consensys Staking... Just from Metamask alone, the company has earned several hundred million dollars 👀
Whale made nearly 100 million last week, this week is nearly burned out, Showing the harshness of the market getting harder, guys. So long-term discipline is the only way to survive.
🔥 Over 549 million USD worth of tokens are set to be unlocked this week!
According to an update from Tokenomist, the market is about to witness a wave of token unlocks with a total value exceeding 549 million USD in the next 7 days.
🔓 Projects with large unlocks (over 5 million USD at a time): SUI, BIO, OP, KMNO, ZETA, ALT, VENOM, REZ, and DYDX.
📈 Projects unlocking by day (linear unlock >1 million USD/day): SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, NEAR, ETHFI, JTO, and FIL.
If you are holding tokens from related projects, make sure to keep an eye out!