"Trump" delivered the payment that cryptocurrency investors had been waiting for since his inauguration, which is the directive to establish a strategic reserve of those currencies in the United States, confirming a strategic vision to integrate blockchain technology into the broader financial system of the country.
Trump's Vision Shift
Trump had previously criticized cryptocurrencies, describing them in 2021 as a fraudulent currency, but he adopted a pro-cryptocurrency stance during his campaign, and he and his wife "Melania" launched their own cryptocurrencies and directed the creation of a presidential task force focused on the markets of those currencies.
The Beginning of the Idea
At the "Bitcoin 2024" conference, Trump first introduced the idea of a Bitcoin reserve that would hold 100% of all cryptocurrencies currently owned by America or acquired in the future, and after his election, calls for the establishment of the reserve increased.
A Serious Step
Trump announced the names of five cryptocurrencies he wishes to include in the new strategic reserve to make his country the capital of cryptocurrencies in the world, marking a significant shift after the "Biden" administration had been cautious about those assets due to concerns over their volatility and associated security risks.
ريبل أو XRP هي عملة مشفرة تابعة لشركة "الريبل" وبالضبط وباللغة الانجليزية "Ripple Labs". وغالبا ما يطلق على الريبل إسم "مشروع كريبتو البنوك" بسبب شراكات الريبل العديدة مع الأسماء الكبيرة في الصناعة المالية والبنوك على رأسها، باختصار، تهدف الريبل إلى تنفيذ حل يعتمد على تقنية "الليدجر" أو ما يترجم بدفتر الأستاذ الموزع الذي يسهل التسويات الدولية.
What does Strategic Reserve of Digital Currencies mean It will revolutionize the world of digital currencies as this means that digital currencies will become 100% reliable; however, not all currencies, but those with clear projects and vision.
The direction shown by President Donald Trump through his speech in Congress which caused a brief recovery in the cryptocurrency market After a day of recovery, the indicators saw a decline once again But I see that this happened as a result of fear, and in the coming months, the cryptocurrency market will witness record indicators
$ADA Cardano's witnessed rise in the market, as it is credited to Trump's news that caused a one-day market recovery, then the indicators returned to decline. $ADA is among the currencies, but the rise it experienced is its natural position and perhaps even higher, as it is one of the projects with a clear vision.
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#SECStaking 👍🏻 Community Pool: The Community Pool funds proposals voted on and successfully passed by the community. Community Pool funds will be used only if proposals are passed.
Ecosystem Incentives: The AVA in the Ecosystem Incentives wallet is used to support partners that adopt the AVA token. For example, loyalty benefits offered as part of the AVA Smart Program include AVA givebacks and AVA Smart Bonuses that are distributed from the Ecosystem Incentives wallet.
Ecosystem Growth: Ecosystem Growth funds are used to undertake initiatives that provide growth opportunities for the AVA ecosystem, such as engaging in partnerships or expanding reach through paid marketing activities.
Foundation Reserve: The Foundation Reserve contains AVA that is available for the AVA Foundation to use for the betterment of the AVA ecosystem with a long-term vision of progressive decentralization.
AVA Smart Program Lockup: This function refers to the AVA locked in the AVA Smart Program by Smart members $BNB
Within the BounceBit ecosystem, yield-generating products are designed through a centralized finance framework, built into the platform’s architecture. User contributions to the total value locked are securely managed by regulated custodial services, ensuring compliance and security. These assets are mirrored via Ceffu’s MirrorX service, a key integration from BounceBit to maintain the visibility and transparency of these assets on-chain.
Key Features
Revenue Strategies: The platform offers flexibility based on user preferences, ranging from automated vaults to manual strategies.
Decentralized Mining: With inbound and outbound tracking, users can mine BB tokens by trading on centralized exchanges like Binance.
Cross-chain Compatibility: Thanks to LayerZero integration, BounceBit ensures interoperability, allowing users to manage assets across multiple chains.
Rate-Neutral Strategies: BounceBit works with professional teams specialized in quantitative analysis who implement rate-neutral funding arbitrage strategies to generate returns for users.
Phantom Wallet is a cryptocurrency wallet for managing cryptocurrencies and other digital assets across multiple blockchains, including Solana, Ethereum, and Bitcoin.
Phantom Wallet is a non-custodial wallet, meaning it does not hold your private keys and seed phrases. Users have full control over their keys and digital assets. Phantom Wallet offers many features and acts as a gateway for users to manage their cryptocurrencies and non-fungible tokens (NFTs). It can also be used to interact with DeFi applications. Keep your cryptocurrency wallet secure by using strong passwords, enabling biometric authentication, and connecting only to trusted decentralized applications. Always keep your seed phrase private and secure. $LTC
#LitecoinETF 👍🏻 Animecoin Project? Animecoin (ANIME) is a cryptocurrency project set to launch in 2025 inspired by the global enthusiasm for anime and comics. Described as a cultural currency and tied to the Azuki collection of NFTs, the ANIME tokens seek to connect anime fans around the world while providing opportunities for creators through blockchain-based platforms. The ANIME tokens represent the ecosystem’s native governance and service tokens, allowing token holders to participate in the network’s governance by voting on decisions. The tokens are also designed to serve as transaction fee payment tokens on Animechain, a layer-3 blockchain built using Arbitrum Orbit technology, and can also be used as a transaction currency on Anime.com. Built on the Ethereum blockchain and the Arbitrum layer 2 network, ANIME tokens have a fixed supply of 10 billion tokens, of which approximately 6.8 billion are currently in circulation. With the current explosion of anime culture in the digital space and the growth of its related innovative industries, ANIME tokens aim to provide a framework of tokens to engage, contribute and support within this evolving sector. $BTC
BounceBit is a centralized DeFi platform designed to promote the use of Bitcoin and facilitate access to high-yield financial opportunities. It operates as a multi-strategy asset management platform that combines elements of centralized finance and decentralized finance.
Its key features include a native blockchain, a dual-token proof-of-stake mechanism, and a wide range of yield-enhancing products. Users can engage with institutional-level tools while benefiting from the transparency and flexibility of blockchain technology.
In late February 2024, BounceBit secured a $6 million seed round led by Blockchain Capital and Breyer Capital, and was joined by YZi Labs (formerly Binance Labs) in April. From securing seed funding to launching a product with a total value locked of $1 billion, BounceBit has become the first project to achieve the token creation event on Binance through Megadrop in May 2024.