The Trump family's World Liberty project has just bought 37,052 LINK ($1 million) for $27 and 685 AAVE ($246.7 thousand) for $360 again.
In the past 2 weeks, World Liberty has spent: - 30 million USDC to buy 8,105 ETH at a price of $3,701 - 10 million USDC to buy 103 cbBTC at a price of $97,181 - 2 million USDC to buy 78,387 LINK at a price of $25.5 - 1.25 million USDC to buy 4,043 AAVE at a price of $308.4 $LINK $AAVE $ETH
David Marcus, former head of Meta's Libra project, said the project was "killed for political reasons." Launched in 2019 with the goal of creating a decentralized global payments network, Libra faced significant pressure from the US government despite making many changes to meet their demands.
Marcus revealed that Treasury Secretary Janet Yellen warned Fed Chairman Jerome Powell that supporting Libra would be "political sui.cide." This led to the Fed advising banks not to participate, forcing Meta to sell the project's assets in 2022.
Marcus believes that Libra's failure was not due to regulatory hurdles but to political pressure, concluding that a sustainable global financial system needs to be built on a decentralized platform like Bitcoin, which he believes is best suited for the long term. $BTC
FTX will begin repaying more than $6.6 billion to creditors and customers starting in March 2025, after a court-approved restructuring plan takes effect in January 2025. Customers will need to complete identity verification and file tax forms to receive the payments.
CEO John J. Ray III said the company has recovered about $16 billion in assets through litigation and restructuring, ensuring that most creditors will receive the majority of their lost assets. $BTC
the whole Crypto market is anxiously waiting for the historical milestone of 100k. Surely it will be achieved soon. But the question now is how will the price react when that milestone is reached? What do you think is the prediction? And what percentage of goods and what percentage of money does your current catalog currently hold? If you are a long-term holder, are you back on shore? Do you intend to restructure the portfolio? or continue to wait? Make a specific plan now so that you don't miss out on a new cycle that promises to take place. Good luck!!! $BTC $ETH $LINK
Sen. Lummis 🇺🇸 Proposes Selling Fed Gold to Fund US Bitcoin Reserve Strategy.
The US Wants to Own 1 Million BTC, Which Would Cost Over $90 Billion at Current Market Rates. However, if the bill passes, Bitcoin prices are likely to surge as investors flock to Bitcoin.
The Treasury Department reportedly holds $675 Billion worth of gold at current prices, and the proposal is to convert a small portion of that gold into BTC. $BTC
After Billy Markus, co-founder of Dogecoin, shared how the community could change DOGE’s inflation rate by editing the source code and convincing the community to approve it.
Elon Musk responded, saying that DOGE’s fixed inflation model is a “feature, not a bug.” Musk said that this model makes DOGE suitable as a payment currency because it is lower in value and more accessible than Bitcoin or Ethereum.
Currently, Dogecoin has no limit on its supply, with 10,000 new DOGE created every minute. Over time, the inflation rate will decrease as the total supply increases. $DOGE
BlackRock launches BUIDL (on-chain bond tokenization) on Aptos, Arbitrum, Avalanche, Optimism's OP mainnet, and Polygon, in addition to Ethereum. $ARB $OP $POL
When is extreme depression? That's when selling everything regardless of good and bad vegetables and gold equally. When excited, it is the opposite: vegetables/garbage/gold buy the same. $BTC $DOGE
The Ethereum Foundation (EF) has just released its 2024 report, revealing $970 million in reserves. Of this, more than 81% ($788.7 million) is held in crypto, mostly ETH, which represents 0.26% of the total ETH supply. The remaining $181.5 million is in investments and non-crypto assets.
Over the past two years, EF has spent approximately $240 million on research and development, focusing on Layer 1 development and supporting new organizations. $ETH