Trump’s crypto empire under scrutiny: up to 37% of wealth reportedly tied to digital assets

Trump family reportedly controls 80% of TRUMP coin supply. Trading fees from TRUMP coin hit $100 million in January. WLFI stablecoin and token project faces transparency concerns. A new report from the State Democracy Defenders Fund (SDDF) has brought fresh scrutiny to President Donald Trump’s financial ties to the cryptocurrency market.

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BlackRock BUIDL Nears $1.5 Billion as Fidelity Enters RWA Tokenization Race

BlackRock’s BUIDL over $1 billion AUM cements its leadership in the real-world asset (RWA) sector, with most of the fund’s supply hosted on Ethereum. The post BlackRock BUIDL Nears $1.5 Billion as Fidelity Enters RWA Tokenization Race appeared first on BeInCrypto.

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Injective launches tokenized index tracking BlackRock’s BUIDL fund

Injective has introduced a new tokenized index for BlackRock’s BUIDL Fund, enabling users to track the fund’s supply. According to a statement from Injective (INJ), this index is the first perpetual market of its kind. It will allow users to…

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MicroStrategy Completes Latest 9,000 Bitcoin Buy

MicroStrategy has completed another significant Bitcoin buy, using funds from a private offering of $623 million in convertible notes to fund a purchase of 9,245 BTC, bringing the company's total holdings to 214,246 Bitcoin, more than 1% of the total supply.

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Tether supply reaches unprecedented $84 billion amid ETF-driven Bitcoin rally

Tether’s (USDT) stablecoin supply has reached an unprecedented milestone, surpassing $84 billion for the first time. Data from CryptoSlate shows that USDT market capitalization has increased by around $1 billion during the last seven days amid the current market rally fueled by optimism surrounding the possibility of a Bitcoin (BTC) spot exchange-traded fund (ETF).

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TON locks up 25% of token supply to make tokenomics predictable

The TON Believers fund will freeze depositors’ coins for two years, after which TON deposits will be vested monthly with rewards for a further three years. The Open Network community has locked up nearly 25% of the Toncoin (TON) supply…

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Dormant Bitcoin Supply Peaks As Institutional Investors Show Increased Involvement

According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic occurs alongside a surge in institutional interest in the cryptocurrency.

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Institutional Investors Flock To Bitcoin: Are We Witnessing A Paradigm Shift?

The Bitcoin market is experiencing a seismic shift, with recent data revealing fascinating trends that shed light on the evolving dynamics. From a significant decline in Bitcoin inflows to a historic drop in supply on exchanges, coupled with a surge in institutional fund accumulation, these developments highlight a maturing market and changing investor sentiment.

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US Air Force taps SIMBA Chain to develop budgeting and accounting system

They said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers.

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Report: Ethereum foundation $1.6 billion fund is 80% ETH

The Ethereum Foundation has released its first financial report, which offers insights into how the non-profit organization operates.   Ethereum foundation holds approximately 0. 3% of ETH total supply The report revealed that the foundation holds $1.

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Ethereum 'likely to capture a portion of the $123 trillion global money supply'

Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods' ARK Investments has claThe post Ethereum 'likely to capture a portion of the $123 trillion global money supply' appeared first on AMBCrypto.

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Dfyn Exchange To burn $25 Million Worth Of $DFYN Tokens

The mother of all Burns is here.. 50,000,000 $DFYN tokens will be burnt…  Dfyn ($DFYN) token is undergoing a 20% quantity rebase across all categories in tokenomics. The effective total supply will reduce from 250 Million to 200 Million, as 50 Million tokens will be burnt across all categories of the tokenomics — Ecosystem fund, […]

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Binance charity fund is the latest to contribute to India's COVID relief efforts

Binance charity recently announced its efforts to contribute to the India COVID relief efforts, by aiding with oxygen supply operations. India recently recorded the highest one-day tally of fresh COVThe post Binance charity fund is the latest to contribute to India's COVID relief efforts appeared first on AMBCrypto.

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Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply

Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as the demand for the crypto is growing faster than […]

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More Bitcoin Supply Ready to be Sucked Out of the Market

With more than $1 billion tied up in hedge fund arbitrage-shorts, they need long-spot positions to hedge further, driving the supply shortage, notes Charles Edwards of Capriole Investments. The post More Bitcoin Supply Ready to be Sucked Out of the Market first appeared on BitcoinExchangeGuide.

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Soros Fund Invests in Crypto, Citing “Real Fear” Around Fiat Supply

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Yearn Finance Votes to Inflate YFI Token Supply by 20%

The vote to mint an additional 6,666 YFI in order to fund future development on the Yearn protocol has passed.

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How this new VC brings on-chain fund management to the YFLink ecosystem

Decentralized Autonomous Organizations (DAOs) can present a new paradigm for various old-world ideologies (except for ones that involve iced teas).   Popular examples include the managing and rejigging of supply chain models, borderless identity processing, management of credit and lending, and even collateralizing principal amounts and debts for additional usage.

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Guggenheim Fund Files for Buying 27,700 BTC, 0.15% of Bitcoin’s Total Minted Supply

Guggenheim Partners LLC is the latest one to join the institutional investors bullish on Bitcoin and bet on it. The company is reserving the right for one of its funds to invest in Grayscale Bitcoin Trust, which is solely invested in Bitcoin and tracks the leading digital asset prices less 2% fees.

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“I’m So Bullish On Bitcoin,” Grayscale CEO Says As Fund Targets 25-Years BTC Investment Trends

A few days after Grayscale announced management of 3% of total BTC in Supply, Founder and CEO of DCG, the parent company of Grayscale, Barry Silbert declared his bullish stance on Bitcoin. Silbert made the comment in response to a tweet by Grayscale which gave an insight into the brightness of Bitcoin in about 25 […]

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Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply

Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency while taking away some of the perceived risks.

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Macro Investor Sees Bitcoin Supply Deficit as Grayscale Boosts Stockpiling

Bitcoin (BTC) traders and investors may face a supply deficit as major firms increase their stockpiling of the cryptocurrency, according to Dan Tapeiro of New York-based global macro fund DTAP Capital.

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Volvo Invests In Blockchain Traceability Startup Circulor To Track Cobalt Supply Chain

Volvo Cars Tech Fund, a subsidiary of Volvo, announced its investment in blockchain traceability firm Circulor on July 8. The popular carmakers have used Circulor’s traceability solutions previously for tracing cobalt used in their batteries.

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Lykkes’ Open Initiative to Fund Global Supply Chain Solutions endorsed by CfC St. Moritz

Lykke Corp, the Swiss fintech company and builder of marketplaces for digital financial assets, today announced the endorsement by the CfC St. Moritz for Lykke’s Open Initiative

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Lykke Launches COVID-19 Project to Fund Global Supply Chain Solutions and Announces Chris Giancarlo as Strategic Advisor for The Open Initiative

Lykke Corp, the Swiss fintech company and builder of marketplaces for digital financial assets, today launched The Open Initiative, a project dedicated to helping governments envision the ways digital technology can transform the global supply chain and financial system in a post-COVID-19 economy

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Multi-Chain DeFi Protocol Raises $750K in Token Sale With Framework Ventures

DeFi fund Framework Ventures has purchased roughly 5 percent of Kava Labs' outstanding token supply ahead of the CDP platform's launch next month.

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XLM Jumps 34% in Value After Stellar Foundation Burns Over Half (55 Billion) of the Supply

The Stellar Foundation (SDF) has burned 55 billion of the Stellar Lumens (XLM) tokens, more than half of the cryptocurrency supply, announced CEO Denelle Dixon at the Stellar Meridian conference on Monday.

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BitMEX Owns 0.15% Of Bitcoin Supply As Insurance Fund hits $324M

Cryptocurrency derivatives giant BitMEX now controls 0. 15% of all the bitcoins in circulation, new data from the company reveals.   BitMEX Expands Fund By 50% Since January Compiled by industry media outlet The Block, a chart of BitMEX’s Insurance Fund shows its stock has reached 31,300 BTC as of August 25.

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EIP 2025 Could Destroy Faith in Ethereum

A proposal on Ethereum put forth by James Hancock has been shot down by the community. The proposal aimed to temporarily inflate supply by adding a . 0055 ETH reward in each block that would be routed to an independent developers fund, which would then be used to carry out necessary development on Ethereum 1.

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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

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Upcoming Supply Cut Will See Bitcoin Prices Rise Further, Brian Kelly Predicts

An upcoming supply cut could help bitcoin prices rise further in the coming months, crypto fund manager Brian Kelly says

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Tether Partly Backed by Bitcoin, Court Transcription Reveals

Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.

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BitMEX: IEOs raised $39M, but projects keep 95% of tokens on average

Initial exchange offerings (IEOs) have raised $38. 9 million with token sales in 2019, reports BitMEX Research, the analytics arm of cryptocurrency exchange BitMEX. While early IEO investors have had lots of opportunity to profit, returns have been typically poor once the tokens become tradable.

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Bitcoin Blast-Off Theories: $100 Million ‘Mystery’ Buyer, Asian Algos and April Fools

Now that the bitcoin price is out of the doldrums, every mainstream financial media outlet has come out of the woodwork and back to crypto. With a few exceptions, much of the coverage has been reasonable.

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CenturyX ICO

CenturyX, also dubbed the 21st Century Exchange, seeks to successfully combine technological reliability and scalability, infrastructural comprehensiveness, transparency and highly secured trading platform for Cryptocurrency users/traders.

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New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply

Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1%  of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings.

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Numerai to Cut Token Supply by 10 Million to Become ‘Decentralized as F*ck’

Numerai, a next-gen hedge fund, plans to decentralize its platform by destroying the keys to the smart contract controlling its token supply.

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VanEck, Cboe and SolidX Meet With SEC to Discuss a Bitcoin ETF

Having met the U. S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation's first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC.

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AIDUS ICO

The AIDUS Global D-Fund Platform is a decentralized fund market established upon the ETHEREUM network to serve as a professional asset management platform in which global investors and asset management companies are able to use Blockchain technologies and SMART Contracts to safely and transparently create and settle into P2P (Peer-to-Peer) fund agreements.

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech

With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.

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Thomson Reuters Partners With Startup for Next Level Derivatives Exchange

Thomson Reuters (TR) provides trusted data and information to professionals across the legal, tax and accounting, and news and media industries. Operating in more than 100 countries, TR lists its shares on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE).

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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats

With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.

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Andreessen Horowitz’s $300m Crypto Fund Buys Stakes in Stablecoin Project

An upcoming stable coin project featuring a loaning system has bagged a $15 million investment from Andreessen Horowitz. VC Firm to Govern MakerDAO The venture capital firm, with a history of high profile investments into crypto projects, bought 6 percent of the total MKR supply through its $300m crypto fund, a16z crypto.

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a16z crypto buys 6% of MKR, backing MakerDAO

It was announced earlier today that recently launched $300 million crypto and blockchain investment fund a16z crypto has purchased 6% of the total token supply of MakerDAO’s MKR for $15 million USD.

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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release.

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Bitbon System ICO

The Bitbon System is a large-scale infrastructure project, which represents a decentralized platform for Contributing. Contributing is a completely new type of investment and asset management. Each project is audited in advance, and its business model is checked for validity, which makes this type of activity as transparent and safe as possible.

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Morgan Creek, Bitwise Team Up to Launch Digital Asset Index Fund

Morgan Creek, a capital management company that oversees more than $1. 5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.

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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry

The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.

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