Elizabeth Warren Slams Stablecoin Bill as Trump-Musk โGriftโ ๐ง
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
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Crypto soothsayer
๐ณ Whale Manipulation Attempt on HyperLiquid ๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long. ๐โฆ
โ ๏ธ Will HyperLiquid Follow FTX?
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
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The Stablecoin Multiverse is Here ๐
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
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๐ BTC at a Critical Level
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
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๐ถ Alternatives to USDT for EU Users
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
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๐ฐ Tether's Monthly Earnings: More Than Just a Stablecoin
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
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๐ซฃ Justin Sun x Forbes: The Cover Curse?
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
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๐จ US Government Moving Bitcoin?
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
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๐ Mt. Goxโs Iconic Protest Sign Goes Under the Hammer!
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
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๐ Bitcoin to $123K by June?
๐ Analyst Jamie Coutts says the market is underestimating how fast BTC can hit new ATHs. Based on his DXY backtest, Bitcoin could reach $123K by June in a best-case scenario.
With easing financial conditions and China ramping up liquidity, the stars may be aligning for a major breakout. ๐
๐จ But bewareโCryptoQuant's Bull Score Index signals weak momentum. Will BTC surprise everyone or stay stuck? ๐ค
๐ Analyst Jamie Coutts says the market is underestimating how fast BTC can hit new ATHs. Based on his DXY backtest, Bitcoin could reach $123K by June in a best-case scenario.
With easing financial conditions and China ramping up liquidity, the stars may be aligning for a major breakout. ๐
๐จ But bewareโCryptoQuant's Bull Score Index signals weak momentum. Will BTC surprise everyone or stay stuck? ๐ค
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๐ต๏ธ 100K+ Gemini & Binance User Data for Sale?
๐ฅท Darkweb actors claim to have thousands of user records, including emails, passwords & location data from Gemini and Binance.
๐ธ Gemini: Allegedly 100K records for sale.
๐ธ Binance: Claims of 132K+ leaked emails & passwordsโbut Binance says it's phishing, not a system breach.
๐คฆโโ๏ธ Dark Web Informerโs advice? "Stop clicking random stuff." Stay safe, folks! ๐จ
๐ฅท Darkweb actors claim to have thousands of user records, including emails, passwords & location data from Gemini and Binance.
๐ธ Gemini: Allegedly 100K records for sale.
๐ธ Binance: Claims of 132K+ leaked emails & passwordsโbut Binance says it's phishing, not a system breach.
๐คฆโโ๏ธ Dark Web Informerโs advice? "Stop clicking random stuff." Stay safe, folks! ๐จ
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๐จ Musk Sells Twitter... to Himself? ๐คฏ
Elon just "sold" Twitter for $33Bโbut wait, the buyer is his own company, xAI! ๐๐ฅ
Guess he's just playing 4D chess with himself. โ๐
Elon just "sold" Twitter for $33Bโbut wait, the buyer is his own company, xAI! ๐๐ฅ
Guess he's just playing 4D chess with himself. โ๐
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Trumpโs Crypto Pardon! ๐บ๐ธ๐ฐ
Donald Trump just pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed! ๐ฉโจ
They had pleaded guilty to money laundering charges, but heyโlooks like it's bullish season for second chances! ๐๐ฅ
Donald Trump just pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed! ๐ฉโจ
They had pleaded guilty to money laundering charges, but heyโlooks like it's bullish season for second chances! ๐๐ฅ
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๐ Bye-Bye, 4-Year Crypto Cycle? ๐
Polygonโs founder says the classic Bitcoin halving cycle is fading as crypto matures and big institutions step in. ๐๐ฐ
High interest rates = less speculation, but expect a rebound when they drop! ๐
Trumpโs Bitcoin reserve & ETFs are also shaking things upโbull runs might look different from now on. ๐๐ฅ
Polygonโs founder says the classic Bitcoin halving cycle is fading as crypto matures and big institutions step in. ๐๐ฐ
High interest rates = less speculation, but expect a rebound when they drop! ๐
Trumpโs Bitcoin reserve & ETFs are also shaking things upโbull runs might look different from now on. ๐๐ฅ
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๐ Solana Sets New ATH! ๐๐ฅ
Yesterday, Solana hit a record high of 11.118M non-zero addresses (holding โฅ0.1 SOL)! ๐ฐ๐
More wallets, more adoptionโbullish vibes? ๐๐
Yesterday, Solana hit a record high of 11.118M non-zero addresses (holding โฅ0.1 SOL)! ๐ฐ๐
More wallets, more adoptionโbullish vibes? ๐๐
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๐ Ethereum ICO Whale Awakens After 10 Years!
๐ณ An early Ethereum investor, who bought 2,000 ETH for just $620 in 2015, has finally moved his funds after a decade of dormancy. Now, his holdings are worth a staggering $3.7M! ๐ฐ
Despite missing the $4,000 peak, he seems to be preparing to sell as ETH dips below $1,800. Panic or strategy? Will he cash out now, fearing a further drop, or hold for the next bull run? ๐
๐ Whale Alert
๐ณ An early Ethereum investor, who bought 2,000 ETH for just $620 in 2015, has finally moved his funds after a decade of dormancy. Now, his holdings are worth a staggering $3.7M! ๐ฐ
Despite missing the $4,000 peak, he seems to be preparing to sell as ETH dips below $1,800. Panic or strategy? Will he cash out now, fearing a further drop, or hold for the next bull run? ๐
๐ Whale Alert
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๐ฏ๐ต Japan Eyes Crypto as a Financial Product! ๐
Japanโs Financial Services Agency (FSA) is considering reclassifying cryptocurrencies as financial products to crack down on insider trading in the crypto market. ๐๐
๐ก Whatโs changing?
๐น Currently, crypto is seen as a "means of settlement" under the Payment Services Act.
๐น The FSA aims to shift it under financial regulations, bringing stricter oversight.
๐น A proposal to amend the Financial Instruments and Exchange Act (FIEA) could reach parliament by 2026.
The move follows growing adoption and fraud concerns in Japanโs crypto space.
Japanโs Financial Services Agency (FSA) is considering reclassifying cryptocurrencies as financial products to crack down on insider trading in the crypto market. ๐๐
๐ก Whatโs changing?
๐น Currently, crypto is seen as a "means of settlement" under the Payment Services Act.
๐น The FSA aims to shift it under financial regulations, bringing stricter oversight.
๐น A proposal to amend the Financial Instruments and Exchange Act (FIEA) could reach parliament by 2026.
The move follows growing adoption and fraud concerns in Japanโs crypto space.
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๐ Bitcoin ETF Inflows Surge, Ethereum ETF Sees Outflows! ๐
Over the past week, spot Bitcoin ETFs saw a net inflow of $196.48M, signaling continued investor confidence in BTC. Meanwhile, Ethereum ETFs experienced a net outflow of $8.64M, suggesting weaker demand. ๐
Will this trend continue as the price of ETH continues to drop? ๐ค
Over the past week, spot Bitcoin ETFs saw a net inflow of $196.48M, signaling continued investor confidence in BTC. Meanwhile, Ethereum ETFs experienced a net outflow of $8.64M, suggesting weaker demand. ๐
Will this trend continue as the price of ETH continues to drop? ๐ค
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