分类目录归档：News

Crypto’s Big Bet: World Liberty Financial’s Move

In a surprising turn of events, World Liberty Financial, a decentralized finance (DeFi) project with ties to former U.S. President Donald Trump, has made a massive investment in cryptocurrencies. This happened just before the much-awaited White House Crypto Summit on March 7, 2025. World Liberty Financial bought over $20 million worth of digital assets like Ethereum, Wrapped Bitcoin, and Movement Network tokens[2][3]. This big move has caused quite a stir in the crypto world and raises questions about the future of digital assets in the U.S.

What They Bought

World Liberty Financial’s recent purchase includes:

• $10.1 million in Ethereum (ETH)
• $9.9 million in Wrapped Bitcoin (WBTC)
• $1.68 million in Movement Network’s MOVE tokens

These transactions were made using USDC from a newly created multi-signature wallet, with about $3.5 million still in the wallet[5]. This investment has boosted World Liberty Financial’s total digital asset holdings to over $78.5 million, including significant amounts of ETH, WBTC, Tether (USDT), and Tron (TRX)[4][5].

Why It Matters: The White House Crypto Summit

The White House Crypto Summit, happening on March 7, 2025, is a big deal. It will have important people from the crypto industry, like founders and CEOs, and it’s being chaired by White House Artificial Intelligence and Crypto Czar David Sacks[2][3]. Everyone’s hoping this summit will give us more clarity about upcoming crypto laws and maybe even change how the U.S. thinks about digital assets.

Strategic Crypto Reserve: What’s That About?

President Trump’s administration is reportedly planning to create a strategic crypto reserve. Bitcoin and Ethereum are likely to be big parts of this. Some people think this could make assets owned by Trump and his friends more valuable[4]. Even though Trump says he’s not involved in business anymore, some people still wonder if he’s really separated from his commercial interests[4][5].

Market Buzz and Guesses

World Liberty Financial’s investment comes when the crypto market is doing well. Bitcoin is over $92,000, and Ethereum is over $2,300[5]. Some analysts think crypto prices might go up a lot in the next few weeks[5]. But what the White House summit decides about the strategic reserve plan is still uncertain, so everyone’s waiting to see what happens.

What Does This Mean for Crypto?

As we wait for news from the White House summit, World Liberty Financial’s big investment shows that some people have a lot of faith in digital assets. We’ll have to wait and see if this was just a smart move or if it’s connected to future U.S. crypto policies. One thing’s for sure: the line between politics and cryptocurrency is getting more complicated, and the choices we make now will shape the future of this fast-changing world.

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Sources:
– Cointribune
– PYMNTS
– TradingView
– Crypto.News
– CoinCentral

Core Scientific’s Share Drop: A Simple Explanation

Imagine you’re playing a big game of Monopoly. You have a friend who’s really good at the game, and they help you buy properties. Suddenly, they decide to stop helping you. That’s what happened to Core Scientific, but in the real world of business.

What Happened?

Core Scientific is like a big property owner in the game of business. They provide spaces (data centers) where other companies can set up their shops (computers). One of their friends, CoreWeave, is really good at making AI (like the little houses and hotels in Monopoly). They made a deal last year to work together.

Now, another big player in the game, Microsoft, decided to stop helping CoreWeave as much as they used to. This made investors worried about Core Scientific’s future. You see, when a friend stops helping one of your friends, it can make you worry about your own plans. That’s why Core Scientific’s shares (like the money you have in the game) dropped by 18%.

Why Does This Matter?

This event shows us two important things:

• Partnerships are important: In business, having good friends (partnerships) can help you win the game. When a friend stops helping another friend, it can affect everyone’s plans.
• The tech world is always changing: Just like in Monopoly, the rules can change suddenly. Companies have to be ready to adapt and find new ways to win.

What’s Next?

Even though this is a big change, it’s not the end of the game for Core Scientific. They can still find new ways to win, just like you can in Monopoly. The important thing is to learn from this and keep moving forward.

Sources

• Cointelegraph
• ADVFN
• Princeton Alumni Weekly

Crypto World: A Day of Big Gains and Excitement!

Today, the world of cryptocurrencies was buzzing with excitement. The crypto market saw some big jumps in prices, all thanks to people being really hopeful about some important news that’s coming soon. Let’s dive in and see what happened!

Crypto Prices Skyrocket!

The crypto market had a fantastic day! Here’s what happened:

• Bitcoin – The king of cryptos had a amazing day, jumping by 6.62% to reach $91,427.84! [1]
• Ethereum – Ethereum also had a great day, rising by 6.01% to hit $2,348.57! [1]
• Cardano (ADA) – This crypto had an incredible day, surging by a whopping 42.76%! [1]
• XRP – XRP also had a good day, jumping by 14.16%.[1]
• Solana – Solana saw an 11.52% increase as well! [1]

Wow, that’s a lot of green! But why did this happen?

What’s Behind the Surge?

People are really excited about some big news that’s coming soon. President Trump is hosting a big meeting about cryptocurrencies at the White House on March 7, 2025. People are hoping that this meeting will bring some clear rules for cryptos, which could help them become more popular. [1][3]

Also, more and more big investors are getting interested in cryptos. They’re putting more money into Bitcoin, which is making the prices go up. [1]

Looking Ahead: A Big Day for Crypto!

March 7 is going to be a big day for the crypto world! Not only is the White House meeting happening, but we’ll also get some important news about jobs in the U.S. This could make the crypto market go up or down, so it’s going to be an exciting day! [3]

Even though there might be some ups and downs, most people think that cryptocurrencies have a bright future. They think that clearer rules and more big investors will help cryptos become more popular and stable. [1][3]

So, that’s the crypto world today – full of excitement and big gains! Keep your eyes on the news and get ready for a wild ride!

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Sources:
– CoinCentral
– The Crypto Basic

Crypto Voters: A Game Changer in New Jersey’s 2025 Election

Imagine this: you’re in a room full of people, and you’re trying to decide who’s the strongest. You might look for the tallest, the most muscular, or the loudest person. But what if you’re not looking for physical strength? What if you’re looking for something else? In the world of politics, the “strongest” person isn’t always the most obvious choice. Sometimes, it’s the person who can win over a specific group of people. And in New Jersey, there’s a new group that might decide who becomes the next governor: crypto voters.

Who are these crypto voters?

Crypto voters are people who are really interested in something called “digital assets.” You might know them as cryptocurrencies, like Bitcoin or Ethereum. There are about 62,000 registered crypto enthusiasts in New Jersey. That might not sound like a lot, but remember, elections are often decided by small margins. These people could be the key to winning the 2025 gubernatorial race.

According to a recent poll, most crypto voters in New Jersey want to support a candidate who’s friendly to crypto. In fact, 63% said they’d be more likely to vote for a pro-crypto candidate. Only 17% said they’d support a candidate who’s against crypto policies. So, if you’re a candidate, it’s a good idea to pay attention to what crypto voters want.

New Jersey: A state in change

New Jersey is usually a state that votes for the Democratic party. But things are changing. In the last governor election in 2021, the winning margin was much smaller than before. Governor Phil Murphy won by only about 84,000 votes. That’s not a lot when you consider there are millions of voters in New Jersey. This means any big group of voters, like crypto enthusiasts, could really make a difference.

What do the candidates think about crypto?

So far, we don’t know exactly what the candidates in the 2025 election think about crypto. But we do know there will be some interesting people running. On the Democratic side, you might see names like Ras Baraka, Steven Fulop, Josh Gottheimer, and Mikie Sherrill. For the Republicans, Jack Ciattarelli, who ran in 2021, is already in the race. As the election gets closer, we’ll probably hear more about where these candidates stand on crypto.

Crypto’s influence is growing

New Jersey isn’t the only place where crypto is making a difference. All over the U.S., crypto is influencing politics. In the 2024 elections, groups that support crypto spent millions of dollars on candidates. And guess what? Many of those candidates won. This shows that crypto voters aren’t just in New Jersey – they’re everywhere. And they’re becoming more and more important in politics.

So, what does this mean?

In simple terms, the 2025 New Jersey gubernatorial race could be decided by crypto voters. There are a lot of them in the state, and they really care about crypto. If you’re a candidate, you should think about what these voters want. As politics keeps changing, understanding and supporting crypto policies might be the key to winning over this growing group of voters.

Sources:

• cointelegraph.com
• en.wikipedia.org

Crypto Reserve: A Big Idea from President Trump

President Donald Trump has made a big announcement that’s got everyone talking – he wants to create a “crypto strategic reserve” for the U.S.! This means the government would buy and keep Bitcoin, Ethereum, and other cryptocurrencies. This is a huge deal because it’s the first time a country is considering this idea seriously.

The Idea Behind a Crypto Reserve

A strategic reserve is like a big stockpile of important stuff, like oil or gold, that countries keep to stay safe and stable. But a crypto reserve is different. It’s based on the idea that cryptocurrencies could become more valuable over time. President Trump’s plan includes popular cryptocurrencies like Bitcoin and Ethereum, as well as smaller ones like XRP, Solana, and Cardano.

Good Things and Warnings About This Idea

Good Things:

• Economic Growth: Some people think investing in cryptocurrencies could make a lot of money for the U.S., which could help pay off national debt.
• Inflation Hedge: Cryptocurrencies might help protect against inflation, which is when prices go up and money loses value.

Warnings:

• Volatility: Cryptocurrencies are famous for being unpredictable. Their value can go up and down quickly, which is not good for long-term plans.
• Global Impact: Buying lots of Bitcoin could make the dollar less valuable around the world, which could cause problems for international markets.
• Money Concerns: There’s some worry about how the U.S. would pay for this crypto reserve. President Trump’s team says they won’t use taxpayer money, but they haven’t said where the money will come from yet.

What Experts Say

Economists and crypto fans have mixed feelings about this idea. Some think it’s like gambling with credit cards to pay off a mortgage, which is very risky. Others say the U.S. should be more careful with its money instead of making risky investments.

What This Means for the U.S. and the World

President Trump’s announcement has made cryptocurrency prices go up for now, but we don’t know what will happen in the long run. This plan also raises questions about how cryptocurrencies should be used in national economic plans. If it works, the U.S. could become a leader in digital assets. But if it doesn’t, it could make people less trusting of both cryptocurrencies and the dollar.

Conclusion: A Big Step into the Unknown

In simple terms, President Trump’s crypto reserve plan is a big, new idea. It could have good results, but it also has big risks. As we wait for the White House’s crypto summit, we’ll see if this gamble pays off or not. No matter what happens, it’s a big moment in the story of governments and digital currencies.

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Sources:
– Time.com
– Newsday.com
– Happyscribe.com

Crypto World Buzz: A New Twist!

The world of cryptocurrencies is all abuzz with excitement and uncertainty. You might have heard about the big news: President Donald Trump is starting a U.S. crypto reserve! This has caused quite a stir in the market, affecting major cryptocurrencies like Bitcoin, Ethereum, Ripple, Solana, and Cardano. Let’s explore how these cryptocurrencies are reacting to the news and what it might mean for their future.

Diving into the Charts and Trends

Bitcoin (BTC): The Market’s Big Shot-Caller

Bitcoin, often seen as the market’s leader, saw its price jump after the announcement, reaching over $91,000![5] But lately, it’s been a bit unsure, stuck in a pattern called a symmetrical triangle. This means buyers and sellers are equally strong right now. If Bitcoin breaks above its 50-day simple moving average (SMA), it could start a bullish trend. Until then, it’s just hanging out in consolidation mode.

Ethereum (ETH): Breaking Through Resistance

Ethereum had a sudden drop but found strong support from buyers at lower levels.[1] The challenge for ETH now is to break through the resistance at its 20-day exponential moving average (EMA) and the downtrend line. If it can close above these levels, it might signal a shift in momentum towards the bulls.[1]

Ripple (XRP): Taking a Break After a Big Jump

Ripple had a fantastic 31% increase after the reserve announcement.[5] But since then, it’s been taking a break, stuck between $2 and $3. If it breaks out above $3, it could lead to even more gains.[3]

Solana (SOL): Defending Its Support Level

Solana’s price has been going down after reaching new highs, but buyers are strongly defending the $125 support level.[1] The upcoming launch of Solana futures by the CME could make the price more volatile and attract more investors.[2] However, SOL is facing resistance at the 20-week EMA, and breaking above this could signal a new uptrend.[3]

Cardano (ADA): Looking for Momentum

Cardano had a significant rise but is still stuck below $1.25. If it breaks out above this level, it could gain strong momentum and potentially reach $2.38.[3] But if it can’t hold above $1, the price might stay in a range.[3]

A New Era for Cryptocurrencies?

The U.S. crypto reserve announcement has given the market a boost, but there are still challenges and opportunities ahead. As we get more clarity on regulations and see growing interest from institutions, cryptocurrencies could play a bigger role in the financial world. The upcoming White House Crypto Summit on March 7 will be crucial in shaping the future of digital assets in the U.S.[3][5]

Sources:

• Cointelegraph
• Namecoin News
• CoinDesk

Bitcoin’s Price Drops Below $90K: Let’s Break It Down

Bitcoin, the world’s most famous digital currency, has had a bit of a rollercoaster ride lately. It’s dipped below the $90,000 mark for the first time this year[5]. This price drop has everyone from investors to analysts talking and wondering what’s going on. Let’s dive in and find out what’s behind this dip and what it might mean for the world of cryptocurrency.

Why the Price Drop?

Bitcoin’s price has been influenced by a mix of things happening in the economy and how people feel about the market. Bitcoin’s price went up a lot last year because people were hopeful about some changes in the rules that could make it easier for cryptocurrencies to be used[3]. However, things like worries about trade and a big crypto hack have also played a part in the price going down[3][4].

What Does Technical Stuff Tell Us?

When we look at how Bitcoin’s price has moved, we see something called a ‘double top’ pattern, which usually means the price might go down[1]. The price has gone below a certain level, called the ‘neckline’, on a day when a lot of trading happened, which confirms this pattern. This could mean the price might keep going down. There are some important levels to watch, like $80,400 and $74,000, where the price might stop going down, and $98,500 and $106,000, where the price might stop going up[1].

More People Are Buying Bitcoin

Even though the price has gone down, more people are buying Bitcoin. This is happening on big exchanges like Binance and Coinbase[2]. Also, there are more people using Bitcoin, as we can see from the number of active addresses[2]. This could mean that some people think the current price is a good deal and are buying more Bitcoin.

What’s Happening in the Rest of the Crypto World?

The price of Bitcoin going down hasn’t happened on its own. Other big cryptocurrencies like Ethereum have also gone down in price[2]. But the fact that more people are buying Bitcoin could mean that the price might go up again in the short term[2].

What’s Next for Bitcoin?

Bitcoin is going through a tough time right now, and people are watching to see if the price will go up or down. The fact that more people are buying Bitcoin at lower prices could mean that some people think the current price is a good deal. Even though things like economic uncertainty and changes in the rules can affect Bitcoin’s price, it’s still a big deal in the world of digital money. Understanding how these things work will be important for people who want to invest in the future.

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Sources:
– Investopedia
– Blockchain News
– PYMNTS
– Fortune
– The Street

Texas Takes a Big Step into the Future: A Bitcoin Reserve

The Texas Senate has passed a special law called Senate Bill 21 (SB 21). This law allows Texas to start a special fund for Bitcoin, a type of digital money. This is a big step for Texas, making it a leader in using Bitcoin. Let’s learn more about this new law and what it means.

What is the Bill About?

The bill was introduced by a senator named Charles Schwertner in January 2025. At first, it was only about Bitcoin, but later it was changed to include other digital money with a value of at least $500 billion. The law wants to create a special fund outside the main treasury. This fund will let the Texas comptroller buy, sell, or invest in Bitcoin and other digital money.

Why is the Bill Important?

People who support the bill say that having Bitcoin in the state’s funds can protect against economic problems and inflation, like how gold is used in traditional money markets. Senator Schwertner says Bitcoin’s limited supply and how it can be used make it a good choice for investment. The bill also shows that Texas wants to be a leader in using digital money and not just follow the federal government.

The Vote and What it Means

The Texas Senate voted 25-5 to pass the bill, showing strong support for the idea. This comes at a time when there’s more interest in Bitcoin reserves across the country, even from the president. If Texas successfully sets up this Bitcoin reserve, it could be the first U.S. state to officially use Bitcoin as part of its financial strategy, encouraging other states to do the same.

How Will it be Funded and Managed?

No specific money has been set aside yet, but Senator Schwertner plans to ask for around $20 million for the next two years. The reserve will be managed by a group of experts in crypto investment, chosen by the comptroller. This ensures that the decisions are made by people who know what they’re doing.

What Does This Mean for Texas?

Summary and Future Plans

The Texas Senate’s approval of SB 21 is a big deal. It shows that Texas is serious about using Bitcoin and other digital money. By starting a special Bitcoin reserve, Texas is not only adding to its financial assets but also showing its commitment to innovation and economic strength. Now, everyone is watching to see if Texas can successfully set up this reserve and if other states will follow its example.

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Sources:
– Cointelegraph
– Quorum Report
– Bitcoin Magazine
– Happy Scribe
– U.Today

Unveiling the Bybit Hack: A Simple Explanation

Imagine this: a huge cryptocurrency exchange, Bybit, lost about $1.4 billion in a single hack! That’s like losing a whole lot of money in one go. This wasn’t just any hack, it was done by a group of hackers from North Korea, called the Lazarus Group. They found a way to steal money by tricking people and using sneaky software. Let’s break down how it happened.

How the Hack Happened

The hackers did a few clever things to steal the money:

• Getting into a developer’s computer: The hackers found a way to get into a developer’s computer who was working on a service called SafeWallet. Once they were in, they added some bad code to the service that Bybit was using.
• Tricking people with phishing: The hackers sent fake messages to people who had the power to move the money around. These messages looked real, but they were actually tricks to make the people sign off on moving the money to the hackers.
• Using trust against them: The hackers used the trust that people had in the service to make their tricks work. Since people trusted the service, they didn’t think twice about signing off on the fake messages.

The Lazarus Group is known for doing this kind of thing. They’ve stolen billions of dollars from cryptocurrency exchanges before.

What Happened After the Hack

After the hack, SafeWallet worked with a cybersecurity company to figure out what happened. They found out that the hackers didn’t break into the smart contracts, but they tricked people into doing what they wanted. Bybit’s CEO said that most of the stolen money can still be traced, but some of it has been hidden.

The FBI even got involved and told everyone to watch out for the hackers’ money. They want to work together to get the money back.

What We Can Learn

The Bybit hack teaches us that we need to be really careful with our money, especially when we’re using computers and the internet. We should always double-check things and not just trust what we see on our screens. As the world of cryptocurrency keeps changing, we need to keep finding new ways to protect our money.

That’s all for now! Stay safe and keep learning.

Sources:

• TradingView
• Ledger Insights
• Bleeping Computer
• Cyfrin
• The Hacker News