Vitalik Buterin donates 88 ETH to adopt internet sensation Moo Deng, a behemoth cobit

Vitalik Buterin, co-founder of ethereum, has donated 88 #ETH to adopt internet sensation Moo Deng. The donation, worth about $292,000, was given to Thailand's Khao Kaeo Zoo, where the beloved animal lives.
Mu Deng became world famous after a photo of him, taken when he was just two months old, went viral on social media. The photo, posted on the zoo's official Facebook page, generated huge interest and doubled the number of visitors to the zoo by September 2024. The excitement has even led to merchandise featuring Mo Den, further raising the zoo's profile.
Buterin expressed his excitement on X (formerly Twitter), saying he was proud to be able to support Mo Den and that he had 10 million baht (about £292,000) for her care. He also suggested the possibility of future donations: after Mo Den's viral fame, the MOODENG #meme coin was released, the creator of which donated over 10 billion tokens to Buterin. However, Buterin sold these tokens and stated that he would donate the proceeds to charity.
After Buterin donated ETH, the value of the MOODENG #token skyrocketed, surpassing 70% in 24 hours and increasing by 125% in one week. This jump shows that despite the often speculative nature of meme coins, they have the potential for positive change.
Buterin has long supported the idea of using cryptocurrencies, including meme tokens, to create meaningful social impact. He has been a proponent of the idea. His recent donation is a testament to the potential of decentralized financial instruments to support global causes.
Another example of the philanthropic power of meme coins is the MIRA token. Earlier this year, Sisi Chen, founder of Runway, revealed that her daughter Mira was diagnosed with a rare brain tumor. Although the tumor was benign, it was difficult to treat due to its critical location.

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President Trump has called for all remaining bitcoins to be mined in the U.S., but experts say practical considerations such as global competition and the decentralized nature of bitcoin could make that nearly impossible.

In June, President Trump met with executives from U. S. #bitcoin #mining companies at Mar-a-Lago to discuss the potential for job creation and energy dominance, with representatives from Riot Platforms, MARA Holdings, TeraWulf, CleanSpark and #Core Scientific in attendance.
After the meeting, Trump said on social media Truth: "Biden's hatred of bitcoins will only help China, Russia and the radical communist left. We want all remaining bitcoins to be produced in the US! That way we can become an energy dominant nation.
After his initial pledge, Trump continued to emphasize his commitment to domestic bitcoin production. In subsequent speeches, he has also said that if #cryptocurrencies are going to have any impact in the future, he wants them mined in the U. S.
However, experts are skeptical about the feasibility of Trump's promises.
"Trump-inspired comments, but definitely not true, said a spokesperson for a mining company. Ethan Vera, chief operating officer of Seattle-based Luxor Technology, which provides software and services for miners, told Bloomberg.
With about 95% of the 21 million bitcoins already mined, controlling future mining will be a major challenge, said Taras Kulik, CEO of
Synteq Digital, which has always been global. The U. S. cannot monopolize bitcoin mining. Currently, U. S. miners account for less than 50% of the total computing power used to mine bitcoin.
Meanwhile, countries like China, Kazakhstan and Russia have become major bitcoin miners due to lower energy costs and less regulatory oversight.
Russia recently introduced a legal framework that defines the rights and obligations of miners. The law, signed by President Vladimir Putin, recognizes mining as a legal economic activity and allows registered legal entities and individual entrepreneurs to engage in it.

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An analyst says XRP has the most bullish chart in the entire cryptocurrency space - here's why - The Daily Hodl

A widely recognized cryptocurrency analyst and trader is leaning bullish on #XRP . This analyst, also known as
This analyst, also known as CredibleCrypto, told his 450,200 followers on social media platform X that XRP "looks absolutely amazing" when combined with bitcoin (BTC).
This trader plans to take a long position in the next few days. Based on the analyst's chart on the 1-hour timeframe,
he suggests that XRP could fall first and then rise by at least 65%.
The analyst also believes that XRP is forming a head-and-shoulders reversal pattern on the same timeframe. They believe that. The reverse head-and-shoulders pattern is considered a bullish signal in technical analysis.
In my opinion, this is the most bullish chart in the entire space after the lows. The powder keg itself is creating pressure. .......
XRP is trading at 000002323 #BTC (USD 2.28) at the time of writing.
Next is #Ethereum (ETH), which CredibleCrypto believes could bottom between USD 3,000 and 3 before hitting a bottom around USD 2,800. Based on a 12-hour chart compiled by pseudonymous analyst
, it suggests that Ethereum could rise to an all-time high of over $BTC At the time of writing, Ethereum is trading at $BTC Moving on to the Ethereum/Bitcoin pair, analysts, many of whom follow the pair, are targeting Ethereum to fall to around the 0.02700-0.02800 BTC level before entering a long position. According to CredibleCrypto, ETH/BTC is currently "rolling down" after an initial rise.
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Solana-based platform Agridex has made its first deal to sell coffee online. The company says it could open the door to more cost-effective trading of agricultural products.

The deal was made by British coffee brand Tiki Tonga Coffee, which exports premium coffee from its home country to South Africa. The payment was made in South African rands and settled in British pounds using the Agridex #blockchain .
Tiki Tonga claims that the transaction fee was only 0.5%, many times less than the 5-7% typically charged for cross-border agricultural transactions. In addition, settlement was instantaneous, whereas in the previous system, transactions typically took five to 12 days to complete.
Not only did we save significantly on transaction fees, but we also eliminated the cognitive burden of managing paperwork and compliance, says Tiki Tonga founder Brad Barritt.
The AgriDex platform offers instant payment for a range of agricultural products, including livestock, wine and olive oil, and coffee. According to the company, its agricultural partners have a $4.5 billion backlog of transactions.
As Cointelegraph recently reported, the Solana-founded trading platform has raised $9 million in funding, with Citadel, Goldman Sachs and Palantir among its major backers.
asset tokenization is considered one of the leading use cases for #blockchain technology, with the agriculture industry likely to benefit most from the process of converting RWAs into digital tokens
Tokenizing
RWA connects agriculture to blockchain and tokenizes assets such as crops, land and carbon credits, and the agriculture industry is likely to benefit most from the process of converting
RWA into digital tokens. John Trask, CEO of technology company Dimitra, told Cointelegraph that moving agriculture
to blockchain will also address key challenges such as inefficiency, lack of technical support, environmental degradation and lack of transparency in the supply chain, The #blockchain platform

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🔍 The crypto space is heating up, and 2024-2025 could mark the era of transformative gains. Here’s why:

1️⃣ Layer 2 Dominance: Ethereum’s Layer 2 solutions like Arbitrum and Optimism are expected to fuel massive adoption and scalability.
$ETH
2️⃣AI-Driven Tokens: Artificial intelligence is reshaping industries, and AI-based crypto tokens are predicted to soar alongside technological advancements.

3️⃣ Regulatory Clarity: Major countries are setting frameworks for crypto. This stability could attract institutional investors.
$BTC
4️⃣ GameFi and Metaverse Expansion: Blockchain-based gaming and virtual worlds are becoming billion-dollar industries. Keep an eye on top-tier projects like Axie Infinity, Gala Games, and Sandbox!

💡 Smart Move: Start researching and building a diversified portfolio. Timing the market isn’t everything—time in the market matters more.
$BNB
🔥 Which sectors are you most bullish on? Comment below and let’s spark the conversation!

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#Crypto2024 #InvestSmart #BlockchainFuture #CryptoTrends #BullishMarket

IN THIS ARTICLE: Elon Musk's Department of Government Efficiency (D.O.G.E.) wants to cut $2 trillion in federal spending, but it's an impossible plan that could hurt the U.S. economy

Although D. O. G. E. is pushing for massive job cuts, agency closures and deregulation, the majority of federal spending remains intact, leaving little room for real savings.
Aaron's opposition to a bipartisan spending agreement nearly led to government shutdowns, but his influence could lead to further fiscal problems under the Trump administration.
the CEO of #Tesla billionaire #Elon Musk, along with Vivek Ramaswamy, has been named to lead the newly created Department of Government Efficiency (D. O. G. E. ) under the administration of "crypto-president" Donald Trump.
the goal is to reduce federal government spending by $2 trillion. The goal is. That's roughly in line with the projected U. S. budget deficit in 2024. The problem, however, is that this project could fail. The new D. O. G. E. line code. - isn't even a real government department. It's an advisory body. Nothing can be implemented without Congress or Trump's signature. However, Elon's name carries weight. His involvement alone has made this more than just a theoretical exercise.
The plan is aggressive, with mass layoffs, the elimination of departments and agencies, and reduced regulation. President Trump and his allies have welcomed it, but skeptics are sounding the alarm about the potential consequences.
Eron and Vivek plan to cut government staff by 75%. If the D. O. G. E. initiative goes through, three-quarters of federal employees will be on entry-level pay.
But how realistic is that? Not very, experts say. That's because about 75% of the federal budget is mandatory spending. Programs such as Social Security and Medicare cannot be touched, so as not to cause a massive political reaction. In other words, only discretionary spending (about $1.7 trillion) will be subject to cuts. Half of that is defense spending, which Trump and his allies are unlikely to touch.

He overestimated his budget and called it wasteful.

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Robinhood has discussed the possibility of owning bitcoin, but has no plans to do so yet.

Although the company does not own #bitcoin , Robinhood's share price is closely correlated with the cryptocurrency's performance.
#Robinhood intends to take a conservative approach to #digital assets, but plans to increase its presence in the market by acquiring Bitstamp.
Robinhood CEO Vlad Tenev recently discussed the possibility of keeping bitcoin as part of the trading platform's retained earnings. He stated that such a possibility has been discussed many times within the company. However, he made it clear that Robinhood has no plans to do so at the moment. While the idea of holding bitcoins has surfaced from time to time, as the company has become increasingly interested in cryptocurrencies, it seems to be more focused on offering its customers services to buy and sell digital assets.
We're not ruling it out. We are not doing that at the moment. We don't do investment management, he added.
Although Robinhood is not following the example of large companies like MicroStrategy or Tesla that buy bitcoins and hold them on their balance sheets, Tenev said that cryptocurrencies He emphasized that Robinhood's share price is already highly correlated with bitcoin, even without holding it in treasury. This is due to the growing correlation between the #cryptocurrency market and shares of trading platforms like Robinhood. The company's stock price has risen 202% this year, while bitcoin has risen 110%.
Although the company does not hold bitcoin, Robinhood's stock price performance is influenced by developments in the cryptocurrency market and reflects the growing crossover between traditional trading platforms and digital assets. However, Tenev also notes that the bitcoin acquisition could complicate the company's image among investors.
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