Author: Admin-aX9d7
– Advertisement – El Salvador continues to quietly expand its Bitcoin holdings, recently acquiring 7 BTC while remaining compliant with its IMF loan agreement. By leveraging a flexible interpretation of the deal, the country balances its Bitcoin-friendly stance with critical international financial obligations. El Salvador, the first nation in the world to adopt Bitcoin as legal tender, continues to increase its Bitcoin holdings while maintaining compliance with its financial commitments to the International Monetary Fund (IMF). Despite earlier assumptions that the country had halted Bitcoin acquisitions, new blockchain data reveals otherwise. In the seven days leading up to April 27,…
As the Trump Organization markets hats and shirts emblazoned with “Trump 2028 (Re-write the Rules),” a bet on the prediction platform Kalshi assigns a mere 14% probability to the prospect of Trump being permitted to pursue a third term. Third-Term Chatter Sparks Market Bets on Trump The 45th and 47th U.S. President, Donald Trump, has […]
This is a segment from The Drop newsletter. To read full editions, subscribe. Crypto marketplace Magic Eden’s Season 2 campaign launched on Thursday to reward users for engaging with its platform. Staking Magic Eden ME tokens; trading NFTs, Runes, Ordinals or coins; and linking your crypto wallets on Magic Eden will all help you climb the season’s leaderboard to ultimately earn rewards in a few months. Runes are fungible tokens on the bitcoin blockchain, and Ordinals are like NFTs, but on bitcoin. Swapping tokens on Magic Eden will also help traders climb the leaderboard, according to a post from the…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. At the TokenizeThis conference in New York this week, I had the pleasure of moderating a conversation with executives from Dinari and STOKR on the potential for tokenized stocks. I also caught a panel on the retail adoption of tokenized real-world assets (RWAs) more broadly. The headwinds, tailwinds, what have you. First things first: Stablecoins (primarily tokenized dollars, so to speak) are a nearly $230 billion market. Outside of that, onchain RWAs currently amount to $18.5 billion, RWA.xyz data shows. A recent report from Bitwise called…
In the beginning of April at the MIT Bitcoin Expo I was able to sit down with Jameson Lopp to discuss the current state of and future of Bitcoin. Jameson co-founded Casa, a multisig self-custody service, with Jeremy Welch in 2017 after a long stint as a software engineer at Bitgo, another multisig service based company. He has been involved in the Bitcoin space since 2012 as a software developer and independent researcher. Lopp is famously known for a swatting incident in 2017 during the blocksize wars, where someone attempted to have the police storm into his home under the…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for what Solana venture investors find valuable. So this week on the Lightspeed podcast, I asked Colosseum co-founder Matty Taylor what he’s excited about from the organization’s newest hackathon, and his answer surprised me. “One of the things that we’re most excited about is sort of…
This is a segment from the Empire newsletter. To read full editions, subscribe. “I think the industry a year ago was messy, was very competitive,” LayerZero CEO Bryan Pellegrino told me. But it’s been “cleared up” thanks to the friendlier environment and overall adoption. Last month, the company saw $6 billion in transfers, he added, and $100 billion worth of assets were built on LayerZero. Admittedly, Pellegrino added, he still thinks of crypto as an underdog industry, one that’s fairly small. But now that he’s regularly meeting with the BlackRocks and PayPals of the world, it might be time for a…
Former U.S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on Aug. 24. According to Coingecko data, the former President’s collection Series 1 and 2 trading volume jumped by roughly 300% and 3,750% in the last 24 hours to 18.89 ETH ($31,429) and 9.88 ETH ($16,361), respectively. The increase in sales volume boosted the collection floor prices, with the first collection’s floor price and market capitalization rising to $313 and $14.07 million. Likewise, the second collection saw its floor price and market cap climb to $50 and $2.3 million.…
Key Takeaways:BTC liquidation levels, onchain data and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in market confidence.BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet.Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout.BTC double bottom hints at $100,600 targetBTC’s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643. The structure projects a measured move to $100,575 or above.BTC/USD daily price chart. Source: TradingViewMomentum indicators…
This is a segment from the Empire newsletter. To read full editions, subscribe. M&A szn is still going strong. Kado Software, the Web3 payments infrastructure company, was acquired by Swapped.com. The team declined to disclose the terms of the deal, but it plans to grow the US operations for Swapped.com, which is a Denmark-based firm. Emery Andrew, Kado’s founder, told me that the team’s been weighing its options for a while — from debating a fundraise to looking for the right fit to acquire it. It was an obvious choice, he added. Especially because Andrew will stay on to help…