Yapay Zeka AI
Verified Creator
Open Trade
Frequent Trader
4.2 Years
Binance KOL | Binance Global Affiliate | #BinanceSquareCreatorAward 2024 kazananı 🏆 🗣 Binance Square'nin en iyi içerik yayıncısı seçildi. ✅
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Binance TR's 4th Launchpool Project Announced:
▪︎ WalletConnect ($WCT)
The unseen hero of Web3 is now in the spotlight!
WalletConnect is an open-source protocol that securely connects mobile wallets with dApps in a cross-chain manner.
In short: The art of opening the door without giving the key!
What is WCT Token, What Does It Do?
🪙 Governance token of the protocol
🛠️ Usability in WalletConnect services
📈 Voting rights in the future of the ecosystem
How to Participate in Launchpool?
▪︎ Stake your $BNB in the Launchpool
▪︎ Start earning $WCT
▪︎ Exit whenever you want, the system is flexible
▪︎ Track your earnings in real-time
Start Date:
▪︎ April 10, 2025
▪︎ End date has not been announced yet.
Why is WalletConnect Important?
✔️ Secure integration between wallets and dApps
✔️ Compatibility with major chains like Ethereum, Solana, Cosmos
✔️ Active use in DeFi and NFT areas
✔️ Easy integration for developers
A project we will hear much more about in the Web3 infrastructure is coming!
If you have BNB, stake it, earn passive income, and join the ecosystem early!
#BinanceLaunchpoolWCT #BinanceTR #WCT
▪︎ WalletConnect ($WCT)
The unseen hero of Web3 is now in the spotlight!
WalletConnect is an open-source protocol that securely connects mobile wallets with dApps in a cross-chain manner.
In short: The art of opening the door without giving the key!
What is WCT Token, What Does It Do?
🪙 Governance token of the protocol
🛠️ Usability in WalletConnect services
📈 Voting rights in the future of the ecosystem
How to Participate in Launchpool?
▪︎ Stake your $BNB in the Launchpool
▪︎ Start earning $WCT
▪︎ Exit whenever you want, the system is flexible
▪︎ Track your earnings in real-time
Start Date:
▪︎ April 10, 2025
▪︎ End date has not been announced yet.
Why is WalletConnect Important?
✔️ Secure integration between wallets and dApps
✔️ Compatibility with major chains like Ethereum, Solana, Cosmos
✔️ Active use in DeFi and NFT areas
✔️ Easy integration for developers
A project we will hear much more about in the Web3 infrastructure is coming!
If you have BNB, stake it, earn passive income, and join the ecosystem early!
#BinanceLaunchpoolWCT #BinanceTR #WCT
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PINNED
Good News for Binance TR Users!
Complete your KYC3 Verification, Earn 10 USDT!
Due to the recent legal changes, Binance TR users are required to redo their identity verification (KYC3) procedures by April 25, 2025. Users who complete this process on time will not only be able to continue their transactions smoothly but will also have the chance to win a reward of 10 USDT!
This campaign is not new; it has been prepared specifically for existing users!
If you have registered on Binance TR before but have not yet completed the KYC3 verification, don’t miss this opportunity!
Who Can Participate?
✅ Users who registered on Binance TR before February 25, 2025
✅ Existing users who have not completed their KYC3 verification by April 15, 2025
How Do I Participate?
1. Log in to your Binance TR account
2. Complete the identity verification (KYC3) process in a few minutes
3. Claim your reward and make a advantageous start to your crypto journey!
Special for the first 7,500 users: The first 7,500 people who complete the KYC3 verification will see a reward of 10 USDT in their accounts!
Earn More with Extra Tasks!
Deposit money into your wallet
Engage in crypto trading
Use Binance TR actively
These tasks await you for extra rewards!
Why Is This Campaign Important?
This is one of the rare campaigns that rewards existing users, not new ones.
It is very valuable for increasing user loyalty and contributing to the ecosystem.
As always, don’t forget to do your own research before taking advantage of this opportunity!
Take action now, don’t miss the benefits.
Complete your KYC3 Verification, Earn 10 USDT!
Due to the recent legal changes, Binance TR users are required to redo their identity verification (KYC3) procedures by April 25, 2025. Users who complete this process on time will not only be able to continue their transactions smoothly but will also have the chance to win a reward of 10 USDT!
This campaign is not new; it has been prepared specifically for existing users!
If you have registered on Binance TR before but have not yet completed the KYC3 verification, don’t miss this opportunity!
Who Can Participate?
✅ Users who registered on Binance TR before February 25, 2025
✅ Existing users who have not completed their KYC3 verification by April 15, 2025
How Do I Participate?
1. Log in to your Binance TR account
2. Complete the identity verification (KYC3) process in a few minutes
3. Claim your reward and make a advantageous start to your crypto journey!
Special for the first 7,500 users: The first 7,500 people who complete the KYC3 verification will see a reward of 10 USDT in their accounts!
Earn More with Extra Tasks!
Deposit money into your wallet
Engage in crypto trading
Use Binance TR actively
These tasks await you for extra rewards!
Why Is This Campaign Important?
This is one of the rare campaigns that rewards existing users, not new ones.
It is very valuable for increasing user loyalty and contributing to the ecosystem.
As always, don’t forget to do your own research before taking advantage of this opportunity!
Take action now, don’t miss the benefits.
🎁💯 OUR GIFTS AND REWARDS TO OUR FOLLOWERS CONTINUE. DON'T FORGET TO LIKE OUR PINNED POST 💯🎁
U.S. stocks lost $1.5 trillion yesterday
But Bitcoin is bouncing back up 🤝
I’m telling you this again, Billions will
Flow into BTC from Gold. Cartels know
it has limited supply that’s why you see
big whales buying dips aggressively.
Bitcoin = Digital Gold = $200k in 2025
But Bitcoin is bouncing back up 🤝
I’m telling you this again, Billions will
Flow into BTC from Gold. Cartels know
it has limited supply that’s why you see
big whales buying dips aggressively.
Bitcoin = Digital Gold = $200k in 2025
📊INSIGHT: Ethereum transaction fees have hit a 5-year low. Transfers are now costing just $0.168, the lowest daily average since May 2, 2020.
Good or bad for Ethereum? 🤔
$ETH $BNB $SOL
Good or bad for Ethereum? 🤔
$ETH $BNB $SOL
See original
Mt. Gox #Bitcoin Asset Update!
How did Mt. Gox's Bitcoin assets change between 2016-2024?
The chart shows a peak exceeding 10 billion USD in 2021, but by 2024, the value has declined to around 5 billion USD❗
Recent transactions:
3 weeks ago: 893,417 BTC (577.37M USD) transferred.
1 month ago: 11,502K BTC (905.06M USD) sent to other addresses.
$BTC $ETH $BNB
How did Mt. Gox's Bitcoin assets change between 2016-2024?
The chart shows a peak exceeding 10 billion USD in 2021, but by 2024, the value has declined to around 5 billion USD❗
Recent transactions:
3 weeks ago: 893,417 BTC (577.37M USD) transferred.
1 month ago: 11,502K BTC (905.06M USD) sent to other addresses.
$BTC $ETH $BNB
See original
77,000 Entry on Ethereum is Worrying: It Has Previously Pulled the Price to the Bottom Twice!
A total of 77,000 ETH entered the derivatives exchanges. Similar entries in the past had resulted in price declines. The market is uneasy about a new wave of selling.
The on-chain analysis platform CryptoQuant shared data that has unsettled Ethereum investors. On April 16, a massive entry of 77,000 ETH (approximately 120 million dollars) occurred into derivatives exchanges. This level stands out as the largest net entry recorded in March and April.
Analyst Amr Taha noted that this entry bears similarities to similar movements seen before. Significant entries on March 26 and April 3 resulted in sharp declines in ETH prices. This situation is interpreted as investors sending ETH to derivatives exchanges to open short positions or implement hedge strategies.
Additionally, global markets are also experiencing anxiety. China's implementation of new tariffs in response to the US's chip and electric vehicle restrictions has created selling pressure on risk assets. These developments may trigger a flight to safe havens in the cryptocurrency markets as well.
Ethereum is currently trading at multi-month low levels (~$1,500). The increasing ETH transfers to derivatives exchanges may indicate that institutional investors are positioning themselves with expectations of a decline. In light of historical data, the possibility of a new wave of decline in the market is not overlooked.
$ETH $BTC $BNB
A total of 77,000 ETH entered the derivatives exchanges. Similar entries in the past had resulted in price declines. The market is uneasy about a new wave of selling.
The on-chain analysis platform CryptoQuant shared data that has unsettled Ethereum investors. On April 16, a massive entry of 77,000 ETH (approximately 120 million dollars) occurred into derivatives exchanges. This level stands out as the largest net entry recorded in March and April.
Analyst Amr Taha noted that this entry bears similarities to similar movements seen before. Significant entries on March 26 and April 3 resulted in sharp declines in ETH prices. This situation is interpreted as investors sending ETH to derivatives exchanges to open short positions or implement hedge strategies.
Additionally, global markets are also experiencing anxiety. China's implementation of new tariffs in response to the US's chip and electric vehicle restrictions has created selling pressure on risk assets. These developments may trigger a flight to safe havens in the cryptocurrency markets as well.
Ethereum is currently trading at multi-month low levels (~$1,500). The increasing ETH transfers to derivatives exchanges may indicate that institutional investors are positioning themselves with expectations of a decline. In light of historical data, the possibility of a new wave of decline in the market is not overlooked.
$ETH $BTC $BNB
See original
Are Hackers Collecting Pepe Coins? $4 Million Purchase from 5 Wallets!
5 wallets that withdrew Ethereum from cryptocurrency mixer Tornado Cash purchased a total of 611 billion PEPE in a short time.
According to the data shared by the on-chain analysis platform Lookonchain, a large-scale and remarkable investment was made for the PEPE token. A total of $4.28 million was purchased from five different wallets in the last 8 hours.
The common point of the purchasing wallets is that they withdrew Ethereum from the Tornado Cash platform approximately 15 days ago. This situation raises the possibility that the addresses in question may be related to a hacking incident. The PEPE purchases of these anonymous wallets brought to mind the question of “are tokens being purchased with hack revenues?”
The fact that addresses that use privacy-focused platforms such as Tornado Cash in order to confuse the tracks are turning to PEPE is being carefully monitored in terms of both price action and regulation.
$PEPE $BTC $ETH
5 wallets that withdrew Ethereum from cryptocurrency mixer Tornado Cash purchased a total of 611 billion PEPE in a short time.
According to the data shared by the on-chain analysis platform Lookonchain, a large-scale and remarkable investment was made for the PEPE token. A total of $4.28 million was purchased from five different wallets in the last 8 hours.
The common point of the purchasing wallets is that they withdrew Ethereum from the Tornado Cash platform approximately 15 days ago. This situation raises the possibility that the addresses in question may be related to a hacking incident. The PEPE purchases of these anonymous wallets brought to mind the question of “are tokens being purchased with hack revenues?”
The fact that addresses that use privacy-focused platforms such as Tornado Cash in order to confuse the tracks are turning to PEPE is being carefully monitored in terms of both price action and regulation.
$PEPE $BTC $ETH
See original
Whale Activity on TRUMP Coin: 2 New Wallets Accumulated!
Two newly created wallets purchased over 630,000 TRUMP tokens by spending 5 million USDC.
According to data from the on-chain analysis platform Lookonchain, the recent large-scale TRUMP acquisition drew attention in the market. The transaction conducted through the two newly opened wallets was interpreted as possibly belonging to a single whale.
The investor who acquired 630,339 TRUMP tokens at an average price of $7.93, totaling $5 million with $USDC , may have an upward expectation for the TRUMP price. This move could positively impact the price in the short term and also increase investor interest.
According to CoinGecko data, $TRUMP , which rose to levels around $73, is currently trading 90% below its ATH. TRUMP is finding buyers at $7.92 at the time of writing.
Two newly created wallets purchased over 630,000 TRUMP tokens by spending 5 million USDC.
According to data from the on-chain analysis platform Lookonchain, the recent large-scale TRUMP acquisition drew attention in the market. The transaction conducted through the two newly opened wallets was interpreted as possibly belonging to a single whale.
The investor who acquired 630,339 TRUMP tokens at an average price of $7.93, totaling $5 million with $USDC , may have an upward expectation for the TRUMP price. This move could positively impact the price in the short term and also increase investor interest.
According to CoinGecko data, $TRUMP , which rose to levels around $73, is currently trading 90% below its ATH. TRUMP is finding buyers at $7.92 at the time of writing.
See original
Analyst Peter Brandt's Commentary on Bitcoin Trend: Unreliable, Don't Expect a Rally!
Experienced chart analyst Peter Brandt found the trend line break in Bitcoin insignificant. Brandt states that new peaks are difficult as long as price movements do not provide clearer signals.
Bitcoin's recent recovery has created expectations of a new rally among many investors. However, experienced technical analyst Peter Brandt approaches this optimism with caution.
In a post on the social media platform X, Brandt commented on the trend line break that many investors have pointed out, stating, "Trend lines are the least reliable structures in technical analysis." According to Brandt, such breakouts can often be misleading and are not sufficient to assume that a new upward trend has begun.
Brandt noted that, unlike trend lines, moving averages and key support-resistance areas provide more reliable indicators. Therefore, more solid technical signals are needed to confirm Bitcoin's upward trend change.
$BTC $ETH $XRP
Experienced chart analyst Peter Brandt found the trend line break in Bitcoin insignificant. Brandt states that new peaks are difficult as long as price movements do not provide clearer signals.
Bitcoin's recent recovery has created expectations of a new rally among many investors. However, experienced technical analyst Peter Brandt approaches this optimism with caution.
In a post on the social media platform X, Brandt commented on the trend line break that many investors have pointed out, stating, "Trend lines are the least reliable structures in technical analysis." According to Brandt, such breakouts can often be misleading and are not sufficient to assume that a new upward trend has begun.
Brandt noted that, unlike trend lines, moving averages and key support-resistance areas provide more reliable indicators. Therefore, more solid technical signals are needed to confirm Bitcoin's upward trend change.
$BTC $ETH $XRP
See original
Fed Chairman Jerome Powell:
•I think there will be a relaxation of the rules regarding banks and crypto.
•Creating a legal framework for stablecoins is a good idea.
•Stablecoins can have broad appeal, and consumer protections should be provided.
•I think there will be a relaxation of the rules regarding banks and crypto.
•Creating a legal framework for stablecoins is a good idea.
•Stablecoins can have broad appeal, and consumer protections should be provided.
See original
Fed Chairman Jerome Powell:
"The crypto sector has started to become mainstream."
"The crypto sector has started to become mainstream."
See original
Federal Reserve Chairman Jerome Powell:
•We may be in a situation where we have to make a difficult decision.
•The targets are not really under tension right now, the labor force is still strong.
•As the economy slows, unemployment is likely to rise.
•We may be in a situation where we have to make a difficult decision.
•The targets are not really under tension right now, the labor force is still strong.
•As the economy slows, unemployment is likely to rise.
$10 Gift for Everyone. Please read the sub-share and I would be happy if you gave a like as a respect for the effort. @Yapay Zeka AI
Yapay Zeka AI
--
Good News for Binance TR Users!
Complete your KYC3 Verification, Earn 10 USDT!
Due to the recent legal changes, Binance TR users are required to redo their identity verification (KYC3) procedures by April 25, 2025. Users who complete this process on time will not only be able to continue their transactions smoothly but will also have the chance to win a reward of 10 USDT!
This campaign is not new; it has been prepared specifically for existing users!
If you have registered on Binance TR before but have not yet completed the KYC3 verification, don’t miss this opportunity!
Who Can Participate?
✅ Users who registered on Binance TR before February 25, 2025
✅ Existing users who have not completed their KYC3 verification by April 15, 2025
How Do I Participate?
1. Log in to your Binance TR account
2. Complete the identity verification (KYC3) process in a few minutes
3. Claim your reward and make a advantageous start to your crypto journey!
Special for the first 7,500 users: The first 7,500 people who complete the KYC3 verification will see a reward of 10 USDT in their accounts!
Earn More with Extra Tasks!
Deposit money into your wallet
Engage in crypto trading
Use Binance TR actively
These tasks await you for extra rewards!
Why Is This Campaign Important?
This is one of the rare campaigns that rewards existing users, not new ones.
It is very valuable for increasing user loyalty and contributing to the ecosystem.
As always, don’t forget to do your own research before taking advantage of this opportunity!
Take action now, don’t miss the benefits.
Complete your KYC3 Verification, Earn 10 USDT!
Due to the recent legal changes, Binance TR users are required to redo their identity verification (KYC3) procedures by April 25, 2025. Users who complete this process on time will not only be able to continue their transactions smoothly but will also have the chance to win a reward of 10 USDT!
This campaign is not new; it has been prepared specifically for existing users!
If you have registered on Binance TR before but have not yet completed the KYC3 verification, don’t miss this opportunity!
Who Can Participate?
✅ Users who registered on Binance TR before February 25, 2025
✅ Existing users who have not completed their KYC3 verification by April 15, 2025
How Do I Participate?
1. Log in to your Binance TR account
2. Complete the identity verification (KYC3) process in a few minutes
3. Claim your reward and make a advantageous start to your crypto journey!
Special for the first 7,500 users: The first 7,500 people who complete the KYC3 verification will see a reward of 10 USDT in their accounts!
Earn More with Extra Tasks!
Deposit money into your wallet
Engage in crypto trading
Use Binance TR actively
These tasks await you for extra rewards!
Why Is This Campaign Important?
This is one of the rare campaigns that rewards existing users, not new ones.
It is very valuable for increasing user loyalty and contributing to the ecosystem.
As always, don’t forget to do your own research before taking advantage of this opportunity!
Take action now, don’t miss the benefits.
💯
Fikret Karakaya
--
Hi friends 🤩
In accordance with the relevant regulation and communiqué published in the Official Gazette, you need to complete your identity verification until April 25th in order to continue using crypto asset exchanges in Turkey.
Binance TR gives you a gift of 10 #USDT if you make this transaction. Doesn't it sound nice? You fulfill an obligation and get a reward 🥳
Important reminders about the campaign are as follows;
🔸 You must do this until 23.59 on April 24, 2025.
🔸 Existing users who registered before February 25, 2025 and did not complete KYC3 verification before April 15, 2025 can benefit.
🔸 If you previously only stayed at KYC1 or KYC2, you can now upgrade to KYC3 and earn 10 USDT.
🔸 Participation is limited to the first 7,500 people. Hurry now.
🔸 The rewards will be distributed as 10 #USDT token vouchers between May 10 and May 20, and the redemption period will be 7 days.
Authentication creates a more secure transaction environment for both the platform and the users. Therefore, it is very important to do this ‼️
So how do we do the identity verification (KYC) process?
For KYC1 and KYC2;
🔸 Upload clear photos of the front and back of your ID.
🔸 Perform your face verification by taking a selfie.
For KYC3
🔸 Go to the Binance TR mobile app and tap the profile icon on the top left.
🔸 From this section, tap on the "Authentication" option and select Level 3 on the screen that opens and press "Verify".
🔸 On the first screen that will open afterwards, select your profession from the list and continue to the address verification screen.
🔸 In the box on the address verification screen, you need to enter the 16-digit barcode number in the upper right corner of your residence document obtained within the last 30 days via the E-Government system.
🔸 After completing all the steps completely, your verification process will be approved shortly.
That's how easy it is. I am also adding transaction images below. Thank you very much for reading. I wish everyone good earnings 🫶🏽
#BinanceTR
In accordance with the relevant regulation and communiqué published in the Official Gazette, you need to complete your identity verification until April 25th in order to continue using crypto asset exchanges in Turkey.
Binance TR gives you a gift of 10 #USDT if you make this transaction. Doesn't it sound nice? You fulfill an obligation and get a reward 🥳
Important reminders about the campaign are as follows;
🔸 You must do this until 23.59 on April 24, 2025.
🔸 Existing users who registered before February 25, 2025 and did not complete KYC3 verification before April 15, 2025 can benefit.
🔸 If you previously only stayed at KYC1 or KYC2, you can now upgrade to KYC3 and earn 10 USDT.
🔸 Participation is limited to the first 7,500 people. Hurry now.
🔸 The rewards will be distributed as 10 #USDT token vouchers between May 10 and May 20, and the redemption period will be 7 days.
Authentication creates a more secure transaction environment for both the platform and the users. Therefore, it is very important to do this ‼️
So how do we do the identity verification (KYC) process?
For KYC1 and KYC2;
🔸 Upload clear photos of the front and back of your ID.
🔸 Perform your face verification by taking a selfie.
For KYC3
🔸 Go to the Binance TR mobile app and tap the profile icon on the top left.
🔸 From this section, tap on the "Authentication" option and select Level 3 on the screen that opens and press "Verify".
🔸 On the first screen that will open afterwards, select your profession from the list and continue to the address verification screen.
🔸 In the box on the address verification screen, you need to enter the 16-digit barcode number in the upper right corner of your residence document obtained within the last 30 days via the E-Government system.
🔸 After completing all the steps completely, your verification process will be approved shortly.
That's how easy it is. I am also adding transaction images below. Thank you very much for reading. I wish everyone good earnings 🫶🏽
#BinanceTR
See original
Risk of "Wedge" for Ripple Price: XRP May Drop to $1.60!
The payment-focused cryptocurrency Ripple ($XRP ) has faced a risk of falling to the $1.60 level in the short term after breaking down from the rising wedge formation.
The rising wedge formation closely monitored by XRP investors in recent days indicates that the asset's price has been gradually rising between two converging trend lines, but the upward momentum is weakening. Breaking below the lower line of this formation signals an increase in selling pressure in technical analysis and suggests that a downtrend may begin.
The XRP price broke down from this formation exactly during the Asian session on Wednesday morning, signaling that the recovery attempts that started from the $1.60 levels on April 7th have failed. Thus, the short-term outlook has again shifted to being under the control of sellers.
According to technical analysis rules, if the rising wedge breaks downward, the first support level that the price will target is the level where the formation began. In this case, it is stated that XRP may retrace to $1.60 again in the upcoming period.
On the other hand, starting to trade below the Ichimoku Cloud, one of XRP's significant momentum indicators on hourly charts, emerges as a factor that further strengthens the asset's downward trend.
The resistance level that XRP bulls need to surpass to eliminate the short-term negative outlook will be the $2.18 level reached on Tuesday. If this level is not surpassed, XRP's short-term negative trend is expected to continue.
At the time of writing, XRP is trading around the $2.06 band.
The payment-focused cryptocurrency Ripple ($XRP ) has faced a risk of falling to the $1.60 level in the short term after breaking down from the rising wedge formation.
The rising wedge formation closely monitored by XRP investors in recent days indicates that the asset's price has been gradually rising between two converging trend lines, but the upward momentum is weakening. Breaking below the lower line of this formation signals an increase in selling pressure in technical analysis and suggests that a downtrend may begin.
The XRP price broke down from this formation exactly during the Asian session on Wednesday morning, signaling that the recovery attempts that started from the $1.60 levels on April 7th have failed. Thus, the short-term outlook has again shifted to being under the control of sellers.
According to technical analysis rules, if the rising wedge breaks downward, the first support level that the price will target is the level where the formation began. In this case, it is stated that XRP may retrace to $1.60 again in the upcoming period.
On the other hand, starting to trade below the Ichimoku Cloud, one of XRP's significant momentum indicators on hourly charts, emerges as a factor that further strengthens the asset's downward trend.
The resistance level that XRP bulls need to surpass to eliminate the short-term negative outlook will be the $2.18 level reached on Tuesday. If this level is not surpassed, XRP's short-term negative trend is expected to continue.
At the time of writing, XRP is trading around the $2.06 band.
See original
US Company Soars 1,700% and Acquires Millions of Dollars in Solana!
US-based fintech company Janover (JNVR) transitioned to a Solana (SOL) focused investment strategy led by former Kraken executives, increasing its stock price by 1,700%.
Known for its AI-supported services in the commercial real estate sector, Janover drew attention with its significant move into cryptocurrencies. The company announced today that it purchased an additional 80,567 SOL valued at approximately $10.5 million. This brings its total Solana (SOL) reserves to 163,651 SOL, equivalent to around $21 million. With this move, Janover stated it is the first publicly traded US company to adopt a Solana-focused investment strategy.
Janover's ambitious move took place under the leadership of former top Kraken executives Joseph Onorati and Parker White, who recently took control of the company. Joseph Onorati, Kraken's former strategy director, became Janover's new CEO and chairman of the board, while former engineering director Parker White was appointed as the executive responsible for investments and operations. Additionally, Marco Santori, former chief legal officer of Kraken, also serves on the company's board of directors.
The new management of Janover completely changed the company's strategy, which was met with great interest from investors. In early April, Janover shares were trading at around $4-5 per share, and they soared over 1,700% due to the cryptocurrency investments. Following the news of the new SOL purchase today, the stock price increased by another 12%, reaching $73.74.
CEO Joseph Onorati stated regarding the matter, "We have over 10 years of experience in the crypto sector and we have reached a critical turning point in mass DeFi adoption. We are proud to be the first company to implement a Solana-centric digital asset treasury strategy in US exchanges."
$SOL
US-based fintech company Janover (JNVR) transitioned to a Solana (SOL) focused investment strategy led by former Kraken executives, increasing its stock price by 1,700%.
Known for its AI-supported services in the commercial real estate sector, Janover drew attention with its significant move into cryptocurrencies. The company announced today that it purchased an additional 80,567 SOL valued at approximately $10.5 million. This brings its total Solana (SOL) reserves to 163,651 SOL, equivalent to around $21 million. With this move, Janover stated it is the first publicly traded US company to adopt a Solana-focused investment strategy.
Janover's ambitious move took place under the leadership of former top Kraken executives Joseph Onorati and Parker White, who recently took control of the company. Joseph Onorati, Kraken's former strategy director, became Janover's new CEO and chairman of the board, while former engineering director Parker White was appointed as the executive responsible for investments and operations. Additionally, Marco Santori, former chief legal officer of Kraken, also serves on the company's board of directors.
The new management of Janover completely changed the company's strategy, which was met with great interest from investors. In early April, Janover shares were trading at around $4-5 per share, and they soared over 1,700% due to the cryptocurrency investments. Following the news of the new SOL purchase today, the stock price increased by another 12%, reaching $73.74.
CEO Joseph Onorati stated regarding the matter, "We have over 10 years of experience in the crypto sector and we have reached a critical turning point in mass DeFi adoption. We are proud to be the first company to implement a Solana-centric digital asset treasury strategy in US exchanges."
$SOL
See original
China Suppresses Bitcoin Despite Ban: They Are Selling Cryptocurrencies!
Despite the ban on crypto trading, local governments in China continue to sell confiscated cryptocurrencies. This practice is becoming more widespread as the country's economy slows down.
Local governments in China have begun selling cryptocurrencies seized from illegal activities to replenish public treasuries. According to Reuters, these transactions are carried out through local companies, but it is emphasized that this situation can increase the risk of corruption and that the processes may not be transparent.
While China has banned crypto trading and mining in its mainland, Hong Kong continues to aim to be a crypto hub and has established a trading licensing regime. Despite this, the Chinese government is collaborating with local firms to put crypto assets up for sale. For example, Shenzhen-based technology company Jiafenxiang has sold 3 billion yuan (about $408 million) worth of cryptocurrencies on offshore markets on behalf of several cities in Jiangsu Province since 2018.
Legal challenges in cryptocurrency sales
There are legal challenges in how China should handle the confiscated crypto assets. However, while crypto trading is illegal, it is legal for companies that help the government to make these sales. This situation is said to be insufficiently regulated and can lead to opaque processes.
China is the world's second largest national Bitcoin holder with Bitcoin. According to the data, China has approximately 190,000 BTC. These developments have led to significant debates on crypto regulation and the judicial system.
$BTC
Despite the ban on crypto trading, local governments in China continue to sell confiscated cryptocurrencies. This practice is becoming more widespread as the country's economy slows down.
Local governments in China have begun selling cryptocurrencies seized from illegal activities to replenish public treasuries. According to Reuters, these transactions are carried out through local companies, but it is emphasized that this situation can increase the risk of corruption and that the processes may not be transparent.
While China has banned crypto trading and mining in its mainland, Hong Kong continues to aim to be a crypto hub and has established a trading licensing regime. Despite this, the Chinese government is collaborating with local firms to put crypto assets up for sale. For example, Shenzhen-based technology company Jiafenxiang has sold 3 billion yuan (about $408 million) worth of cryptocurrencies on offshore markets on behalf of several cities in Jiangsu Province since 2018.
Legal challenges in cryptocurrency sales
There are legal challenges in how China should handle the confiscated crypto assets. However, while crypto trading is illegal, it is legal for companies that help the government to make these sales. This situation is said to be insufficiently regulated and can lead to opaque processes.
China is the world's second largest national Bitcoin holder with Bitcoin. According to the data, China has approximately 190,000 BTC. These developments have led to significant debates on crypto regulation and the judicial system.
$BTC
THE $BTC SUPPLY SQUEEZE IS ON
EXCHANGES ARE RUNNING OUT OF BITCOIN
$150,000 $BTC IS COMING 🚀🚀
EXCHANGES ARE RUNNING OUT OF BITCOIN
$150,000 $BTC IS COMING 🚀🚀
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