Transaction URL: https://whale-alert.io/transaction/solana/5x3KzR6Go89NN7pHxZggASdLKCoGo9oPmoLjPNJ9goiL9veA4xZVhR3pqxrBPSea57GmjQ1UsZj3iFHpyugfFKoV
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It’s hard to deny that crypto is having a moment, especially when the President of the United States posts about crypto on a Sunday morning.
While that’s currently the bullish force pushing us forward to start the week — after a less than stellar time last week — it’s hard to say whether the positive momentum is enough to last.
Here’s the good thing though: We don’t necessarily need to just rely on posts from world leaders to legitimize the space, we’re seeing that happen in a myriad of ways.
Take PayPal, for example.
“I think that the ultimate goal is that whatever…
Read more on Blockworks
In a digital assets landscape cluttered with complexity, Aubrey Jesseau, CEO and founder of Beaver Bitcoin, has one clear goal: to make Bitcoin simple, secure, and accessible for Canadians.
Launched in July 2022 from Toronto, Beaver Bitcoin isn’t a typical exchange, it’s a Bitcoin-only, non-custodial platform that sends coins directly to your wallet for a flat 1.5% fee.
No hidden spreads, no middlemen, just bitcoin in your hands. Jesseau’s path from crypto dabbler to Bitcoin evangelist is a tale of curiosity, revelation, and determination, fueled by a mission to free Canadians from a sluggish, fax-machine-driven financial system.
Learn more at… Read more on bitcoinnews
Surging interest in cryptocurrency exchange-traded funds (ETFs) is forecasted to elevate their combined assets above those of traditional precious metal ETFs in North America by year-end. State Street the global leader in ETF services predicts a historic shift that would place digital token ETFs as the third-largest asset class in the $15 trillion ETF industry
According to Frank Koudelka global head of ETF solutions at State Street the rapid growth of crypto ETFs has been unexpected with strong demand evident from advisors including them in investment portfolios. BlackRock has also made a significant move by integrating bitcoin into some of its model portfolios marking a milestone in crypto acceptance
Looking ahead the US Securities and Exchange Commission is expected to approve a broader range of digital asset ETFs with predictions pointing to an expansion in funds based on major cryptocurrencies by 2025. State Street sees this trend democratizing access to cryptocurrencies making them a vital part of diverse investment strategies.
Coinbase CEO Brian Armstrong strongly favors Bitcoin as the sole component of President Trump’s newly announced Crypto Strategic Reserve. On social media he engaged with White House AI and Crypto Czar David Sacks proposing that Bitcoin could serve as the modern gold offering a stable transparent and simple foundation for the reserve.
Armstrong elaborated on two potential strategies for the reserve’s structure. The preferred approach would focus exclusively on Bitcoin to minimize government interference and bolster its role as a fundamental store of value. An alternative would involve a market cap-weighted index to allocate assets proportionally among cryptocurrencies like Bitcoin and Ethereum reflecting their market sizes.
As the White House prepares for the upcoming Crypto Summit the discourse intensifies. The cryptocurrency market surged 8% following Trump’s announcement of the strategic reserve spotlighting the administration’s influential role in shaping the future of digital currencies.
