Crypto.com CEO Kris Marszalek has met with US President-elect Donald Trump to debate the way forward for the business forward of the brand new administration’s entry into the White Home. In accordance with a brand new Bloomberg report, Marszalek and Trump just lately met at Mar-a-Lago to debate the potential for a nationwide Bitcoin (BTC) reserve, amongst different issues. The alternate’s native token Cronos (CRO) shot up over 25% as information of the CEO’s assembly with Trump. Says a Crypto.com consultant of the assembly, “We sit up for working with the brand new administration to develop and advance clear rules…
Author: Team_SimonCrypto
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for developments, he has penned items for quite a few trade participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the crypto universe is nothing wanting cinematic. His journey started not with a triumphant funding, however with a rip-off. Sure, a Ponzi scheme that used crypto as fee roped him in. Fairly than retreating, he emerged wiser and extra decided, channeling his expertise into over three…
Ethereum (ETH) is poised for a resurgence in 2025 because it rides a wave of rising tendencies to capitalize on a $100 trillion alternative in tokenizing real-world property (RWAs), in keeping with a letter shared with buyers by Bitwise’s senior funding strategist, Juan Leon. The doc highlighted that the crypto market was marked by two narratives this yr: Bitcoin’s (BTC) new all-time excessive, pushed by spot exchange-traded funds (ETF) approval within the US, and Solana’s (SOL) meteoric reputation as retail buyers piled into memecoin hypothesis. Because of this, Ethereum’s 66% year-to-date return paled when in comparison with BTC’s 130% achieve and SOL’s 106%…
Firm Title: GridlessFounders: Janet Maingi, Erik Hersman and Philip WaltonDate Based: August 2022Location of Headquarters: United States | Operations in Kenya, Malawi and ZambiaVariety of Workers: 10Web site: https://gridlesscompute.com/Public or Non-public? Non-publicGridless doesn’t simply mine bitcoin — it helps to facilitate the electrification of rural Africa, which is notably bettering the lives of those that beforehand both didn’t have entry to energy or couldn’t afford it.Gridless’ co-founder Janet Maingi defined to Bitcoin Journal how the corporate’s amenities, that are primarily based in Kenya, Malawi and Zambia, have a win-win-win impact for the corporate itself, the Bitcoin community and the communities…
Ethena Labs formally launched USDtb, a brand new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December sixteenth. Developed in partnership with Securitize, USDtb is designed to function like present fiat-backed stablecoins comparable to USDC and USDT, with reserves invested in money or cash-equivalent belongings to keep up a 1:1 worth ratio. USDtb Debuts In line with the official weblog post, the stablecoin’s main reserve asset, BUIDL, makes up 90% of USDtb’s general backing, positioning it as the very best BUIDL-backed stablecoin to this point. USDtb is unbiased of Ethena’s USDe, thereby offering customers with another stablecoin…
Picture attributed to: Cointelegraph.com Welcome again to the newest scoop on the earth of Bitcoin! Right this moment, we’re diving into some thrilling developments that might shake up the market. First up, Bitcoin miners are taking a look at a possible windfall of $13.9 billion yearly in the event that they pivot a few of their vitality assets to the booming synthetic intelligence (AI) and high-performance computing (HPC) sectors. In response to a report by VanEck, this shift might be a game-changer for miners fighting profitability because of the risky nature of Bitcoin’s worth and operational prices. VanEck identified that…
A broadly adopted crypto dealer says one decentralized oracle service mission could sooner or later overtake its rival Chainlink (LINK). In a brand new video replace, Man Turner, the host of CoinBureau, tells his 2.57 million YouTube subscribers that the market cap for Pyth Community (PYTH) could finally soar because of its potential to generate huge charge income. “In my view, Pyth Community is without doubt one of the most underrated cryptos there’s. That’s as a result of it’s an oracle that gives high-frequency knowledge feeds that blockchains like Solana depend upon. In different phrases, Pyth Community is like Chainlink,…
They are saying journalists by no means really clock out. However for Christian, that is not only a metaphor, it is a life-style. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding phrases like a seasoned editor and crafting articles that decipher the jargon for the lots. When the PC goes on hibernate mode, nonetheless, his pursuits take a extra mechanical (and generally philosophical) flip. Christian’s journey with the written phrase started lengthy earlier than the age of Bitcoin. Within the hallowed halls of academia, he honed his craft as a function author for his faculty paper.…
BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT grew to become essentially the most profitable ETF launch in over 10 years, following the $418.8 million in internet flows registered on Dec. 16.Nate Geraci, CEO of The ETF Retailer, highlighted that IBIT had crushed roughly 2,850 ETFs. He added:“In different phrases, IBIT has extra lifetime inflows than any ETF launched since 2014. Did this in simply over [11 months].”Since its launch, IBIT has amassed $36.3 billion in optimistic internet flows, surpassing the $36.2 billion in inflows acquired by US-traded spot Bitcoin ETFs, in response to Farside Traders’ data.The quantity is sort…
Look, I believe it is solely a matter of time earlier than China pulls a whole 180 on its Bitcoin ban. Sure, they outlawed buying and selling and mining again in 2021, however truthfully, quite a bit has modified since then — particularly this yr. Bitcoin’s momentum globally has been insane. We have seen US President-Elect Donald Trump calling to stockpile Bitcoin; Bitcoin ETFs get authorized, Fed Chair Jerome Powell calling Bitcoin “digital gold,” Larry Fink flipping pro-Bitcoin, and even Putin saying good issues about it. With all of this occurring, I would not be shocked if China has already began…