Transaction URL: https://tronscan.org/#/transaction/314280034bebe6e851a31d8d990b13fec1def545a61b9d4874aa849e036548dc
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In the first ever official press conference for digital assets hosted by the U.S. government, Crypto Czar David Sacks and pro-crypto U.S. politicians committed to prioritizing bitcoin and digital assets during the Trump administration.
In his opening remarks, Sacks shared that “the President said in his executive order in the first week that it’s the policy of his administration to support the responsible growth and use of digital assets, blockchain technology and related technologies across all sectors of the economy.”
He also reminded the audience that in that executive order, the President established both a working group for digital assets as well as a mandate for the…
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The crypto-powered cellular network Helium Mobile overhauled its pricing model for new subscribers — which formerly offered unlimited call, text and data for $20 per month.
Invite-only free plans come with 3 GB of data, 300 texts, and 100 minutes per month, $15 plans offer 10 GB of data with unlimited talk and text, and unlimited plans are now $30 per month. Legacy subscribers to the $20 per month plan can keep their existing price. It also introduced a points program to reward things like location sharing that users can redeem for gift cards.
The moves come amid a turbulent last several…
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In today’s dynamic economic landscape, seasoned investors are reevaluating their portfolios and considering the potential of Bitcoin as an alternative to traditional assets like real estate. With a finite supply and transformative growth potential, Bitcoin presents a compelling case for forward-thinking investment strategies.
Real Estate: The Illusion of Stability
Real estate has long been regarded as a safe haven for preserving wealth. However, the housing market is not immune to systemic risks such as interest rate hikes, government intervention, and economic downturns. Moreover, property investments often require significant maintenance costs, taxes, and liquidity sacrifices.
Bitcoin,…
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Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump’s promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.
But now that it’s Tuesday, things are already recovering. Tariffs on Mexico and Canada have been delayed, allowing bitcoin and some other cryptos to partially recover.
As often happens, gaming tokens were harder hit.
Immutable’s IMX token fell 14% from Sunday to Monday. Since then, it’s recouped a bit of that loss, but still remains down roughly 26% in the past week.
Some other market…
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Financial markets worldwide tumbled this weekend in response to what is popularly being called the “Trump Tariff Crash.” The Associated Press reported Monday that markets fell sharply “on worries about President Donald Trump’s tariffs …
“All told, the S&P 500 fell 45.96 points …. The Dow dropped 122.75 … and the Nasdaq composite sank 235.49 … ” additionally citing drops in London, Paris, Frankfurt, South Korean and Japanese markets.
Bitcoin also fell dramatically, dropping from well over $105,000 Friday morning, to the $93,000 range by Sunday night, temporarily erasing gains which some ironically also called the “Trump Pump.”
But the AP also stated…
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Hyperliquid (HYPE)
L1 tokens have pretty much taken a beating across the board, with one rare exception.
The exception is unsurprisingly Hyperliquid’s HYPE, which has actually posted a 15.8% gain on the week. The perps DEX generated $18.2 billion in trading volumes and ~$4 million in fees on Sunday.
Those price gains are coming in against a deep backdrop of red. When we zoom in on larger market cap L1s, almost none were spared the guillotine. From previous generation L1s like Cardano (ADA), Avalanche (AVAX) and Algorand (ALGO), to newer generation L1s like Near (NEAR), Sei (SEI) and Ton…
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