🇺🇸 Donald Trump’s economic adviser owns Coinbase shares worth $1–5m (Bloomberg)

Kevin Hassett, director of the National Economic Council under Donald Trump, revealed ownership of Coinbase crypto exchange shares in the amount of $1m to $5m.

Hassett’s total assets are at least $7.6m.

It is not clear whether he should sell shares - such requirements are optional for White House employees without Senate approval.

@Сryptoz ₿

🟢 SoSoValue: The INFLOW of money to spot Bitcoin ETFs has resumed, +$378,040,000 for yesterday.

@Сryptoz ₿

🤑 James Wynn: My goal is to earn $1,000,000,000 on futures trading in this cycle.

@Сryptoz ₿

👮‍♂️ Morocco detained the alleged organizer of kidnappings of crypto entrepreneurs in France - barrons

Probably, it was he who was behind the kidnapping of the Ledger piner, whose finger was cut off for ransom.

24-year-old Badiss Mohamed Amid Baju was arrested in Tangier (Interpol was looking for him).

@Сryptoz ₿

🇦🇪 #SUI SuiHub and VARA Dubai announced a partnership! (Original)

The goal — is to support crypto startups and create a favorable environment for the development of the crypto industry in the MENA region (Middle East and North Africa).

VARA — Dubai Virtual Assets Regulation Authority.

@Сryptoz ₿

🇺🇸 #APT CEO Aptos Labs spoke at the U.S. House of Representatives (twitter)

«Digital assets are not just speculation. They create a new infrastructure: transparent, programmable and accessible to everyone.»

«If the United States wants to lead the next era of the Internet, developers need a clear regulatory framework.»

CEO Aptos Labs noted that today Congress demonstrates a rare unity in supporting blockchain innovations and promoting U.S. leadership in this area.

@Сryptoz ₿

🇸🇻🇺🇸 The President of El Salvador met with the Executive Director of the U.S. Presidential Council on Digital Assets (twitter)

The parties discussed cooperation between the United States and El Salvador in the field of Bitcoin and digital assets.

@Сryptoz ₿

👌 Coinbase launched wrapped XRP and DOGE in the Base network (source)

The largest American exchange Coinbase announced the launch of two new tokens - #cbXRP and #cbDOGE.

Wrapped tokens secured by 1:1 original #XRP and #DOGE stored at Coinbase. They allow you to use these coins in the DeFi ecosystem of the Base network.

In addition, #cbLTC (Litecoin) and #cbADA (Cardano) are in development.

Recall that earlier Coinbase launched #cbBTC - now its capitalization has exceeded $4,700,000,000.

@Сryptoz ₿

💸 #USDC Circle conducted an IPO and attracted $1,100,000,000 - 2 times more than planned (Bloomberg)

✦ Promotion price: $31
✦ Placement volume: 34,000,000 shares
✦ Company evaluation:
⊹ $6,900,000,000 (on placed shares)
⊹ $8,100,000,000$ (including all options)

@Сryptoz ₿

🇭🇰Hong Kong plans to allow trading in crypto derivatives (original)

The Hong Kong Securities and Futures Commission (SFC) intends to allow professional investors to trade cryptocurrency derivatives.

@Сryptoz ₿

🧐 British gold mining company switches from Gold to Bitcoin (twitter)

Bluebird Mining said that the role of Gold as a means of saving is under threat due to the rapid growth in the popularity of Bitcoin.

The company will start selling some of the Gold and transferring reserves to BTC, calling it a step towards «digitalization of Gold».

@Сryptoz ₿

🤑 SoSoValue: Net inflow of funds to spot Bitcoin ETFs for yesterday = 86,920,000$.

@Сryptoz ₿

🇰🇬 Kyrgyzstan is the leading crypto hub of Central Asia (CT)

Kyrgyzstan consolidates the status of the most progressive jurisdiction in the region in the field of digital assets.

The country does not prohibit the crypt, but creates clear and convenient rules for market participants.

✦ In 2022, the law «On Virtual Assets» was adopted:
⊹ Clear rules for the release, storage and circulation of crypts.
⊹ VASP (crypto service providers) licensing.
⊹ 126 licenses have already been issued - more than in any country in the region.

✦ Banks can work with crypto:
⊹ Since 2023, commercial banks have been allowed to provide crypto services under the control of the Central Bank.
⊹ VASP turnover increased from $59,000,000 (2022) to $4,200,000,000 in 7 months of 2024.
⊹ 98% of transactions are through retail exchange offices.

✦ Mining is legalized and taxed:
⊹ The tax is tied to electricity consumption.
⊹ The rate is reduced from 15% to 10% in 2024.
⊹ Income from mining exceeded $1,000,000 in 2023.
⊹ Unified tax code without separate fees for different tokens.

✦ USDKG is a gold stablecoin from the state:
⊹ Together with the Ministry of Finance.
⊹ 1:1 to the dollar.
⊹ Provided with physical Gold.
⊹ Undergoes an independent audit.
⊹ Used for calculations and transfers.

@Сryptoz ₿

⚡️ Donald Trump:

- I am very disappointed with Elon Musk and his statements about the tax bill.
❗️The United States will have excellent relations with Germany.
- Trade negotiations have never gone derail.
- We have dealt with the difficulties. Let’s meet with Chinese delegates.
- We have a deal with China, and we want to make sure that everyone understands it.
- We are on the right track with a trade deal with China.
- I will go to China at some point.
- Xi Jinping will come to the USA..
- I want to make oil and gas part of trade agreements.
- German Chancellor Merz is a good person for doing business, but difficult.
- Germany spends a lot of money on defense.
❗️ I will discuss a potential trade deal with the EU with the Chancellor of Germany.
❗️Now inflation is very low in the United States.

@Сryptoz ₿

🌍 Tether expands in Africa (release)

The #USDT issuer announced an investment in the African fintech platform Shiga Digital.

Shiga Digital offers virtual accounts, OTC services, reserve management and currency services for African businesses. An online gateway for direct transactions in USDT (without conversion to local currency) is now being developed.

Purpose: solving the problems of cross-border payments and access to global liquidity.

@Сryptoz ₿

⬆️ Trading in Circle shares officially started on the NYSE exchange.

Ticker: #CRCL. At the moment, the price per share reached almost $104. Current price = almost $81.

Circle is the issuer of the #USDC stablecoin.

@Сryptoz ₿

🤑 James Wynn’s total/total loss after closing all LONG positions amounted to -$20,500,000 (Arkham)

«The evil marketmaker beat Winn with a score of 1-0» (twitter)

@Сryptoz ₿

🤔 #APE CEO Yuga Labs proposed to close ApeCoin DAO and transfer management to a new structure - ApeCo (forum)

All remaining assets of Ape Foundation and ApeCoin DAO are planned to be transferred to ApeCo, except for funds reserved for:

- Steaking.
- Legal obligations.
- Administrative and transitional costs.

The goal — is to abandon the «management theater» and move on to a professional model in which only strong and promising projects are supported.

@Сryptoz ₿