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No more waiting! Daily Secret Ticket Hunt is LIVE! ๐Ÿ›ž

This is your golden chance to score the best SEED Mon Boxes with:
๐Ÿ› Discount Tickets โ€“ From 10% to 100% OFF on SEED Mon Boxes!
โšก๏ธ Rarity Boosts โ€“ Increase your chances of getting rarer Mons with Basic, Super & Ultra boosts!

๐ŸŽฏ How to join: Spin the lucky wheel daily until 10:00 UTC, Mar 17 to claim your tickets! Miss a day, lose it forever! โณ

โš ๏ธ Important Ticket Notes:
๐Ÿ”น Each ticket is unique and can only be used once.
๐Ÿ”น Only the ticket owner can redeem it.
๐Ÿ”น Tickets cannot be traded.

๐Ÿ“– Need more details? Check out our Gitbook: Daily Secret Ticket Hunt!

๐ŸŽฏ Let the hunt begin โ€” may luck be on your side!

๐ŸŒŽ SEED Go | ๐Ÿ‘ Discord | ๐Ÿ‘ Twitter | ๐Ÿ‘ Coinmarketcap
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โš–๏ธ XRP Lawsuit: Here Are The Possible Outcomes of the Ripple vs SEC Case ๐Ÿ›

Expert outlines five possible outcomes for the XRP lawsuit, with the highest probability being the regulator dropping its appeal in the Ripple vs SEC case.

๐Ÿ‘‰ Read more
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๐ŸŒ The U.S. Strategic Bitcoin Reserve: A Game Changer for Global Finance

๐Ÿ’ก Ryan Rasmussen, head of research at Bitwise, recently highlighted a significant market oversight regarding the U.S. Strategic Bitcoin Reserve. He stated on March 10,
The market is grossly underestimating the long-term impact of the U.S. Strategic Bitcoin Reserve.


๐Ÿ—“ This reserve was established by an executive order signed by President Donald Trump on March 6. It aims to position the United States as a leader in digital asset strategy, funded by approximately 200,000 BTC (valued at around $17 billion) seized through legal actions. This move is designed to integrate digital assets into the national financial framework without additional taxpayer costs.

๐Ÿ“ˆ On March 11, Rasmussen noted a significant increase in corporate BTC acquisitions, stating that in 2024, public companies purchased twice as much bitcoin as in all previous years combined. He emphasized,
In 2024, public corporations purchased twice as much BTC as all prior years combined. These 70+ companies now own a combined $52 billion worth of bitcoin (3% of the total supply).


๐ŸŒ Rasmussen outlined the broader implications of the U.S. Strategic Bitcoin Reserve, suggesting it would encourage other nations to follow suit and remove barriers for wealth managers, financial institutions, and pensions. He remarked,
A U.S. Strategic Bitcoin Reserve meansโ€ฆ other countries will buy bitcoin, wealth managers have no excuse, financial institutions have no excuse, [and] pensions/endowments have no excuse.


๐Ÿ” He further noted that this development diminishes the fear of the U.S. selling its bitcoin reserves and increases the likelihood of states purchasing bitcoin. He concluded by urging a broader perspective on bitcoin's evolving role in global finance:
Zoom out.
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๐Ÿ’ฐ Low-Cost Transactions in Bitcoin and Ethereum Networks

๐Ÿ“‰ Recent analyses indicate that onchain transactions for Bitcoin and Ethereum are maintaining low fee structures. The Ethereum network's transaction costs have remained below 1 gwei, while Bitcoin's protocol activity has seen a slight increase in volume.

โžก๏ธ On March 15, 2025, prioritizing speed for ether transactions costs about 1.53 gwei ($0.05), with standard transfers averaging 1.07 to 0.57 gwei ($0.03 to $0.02). Ethereum typically handles 1 million to 1.358 million daily transactions. Activities such as DEX swaps, NFT sales, bridging, and borrowing continue to incur minimal costs.

Swapping tokens on the ETH network currently demands about $0.81 for expedited processing, though savvy users can secure a trade for as little as $0.30.


๐Ÿ–ผ NFT enthusiasts may spend $1.38 for priority sales but often manage with $0.51. Bridging assets costs $0.10 and borrowing protocols require $0.69. Moving ETH directly is cheaper than using smart contracts due to differences in computational resources.

๐Ÿ”„ Over the past 30 days, Bitcoin's daily transaction volume ranges from 300,000 to 530,000 transfers. The mempool shows 13,089 unconfirmed transactions as of Saturday evening. A high-priority transfer costs 2 satoshis per virtual byte (sat/vB), averaging around $1.03 based on current BTC exchange rates.

๐Ÿ“Š Sustained low fees for both Bitcoin and Ethereum transactions reflect modest demand and favorable conditions for users. As users engage in swaps, NFT trades, and bridging with minimal ETH costs, the current environment offers an opportune moment for seamless blockchain interactions. This trend is also evident in Bitcoin's ecosystem, where transaction fees align with those observed in Ethereum. The persistence of this trend will depend on shifting market dynamics and network congestion.
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๐Ÿ’ฑ Vaulta: EOS Rebrands for Web3 Banking Transition

๐Ÿ”„ EOS is rebranding to Vaulta as it shifts focus towards Web3 banking. This transformation includes the introduction of a new digital asset, enabling EOS holders to exchange their tokens on a 1:1 basis for the new currency.

๐Ÿš€ Vaulta plans to launch its token by May 2025, replacing EOS through a direct swap. The project aims to serve as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), with ambitions for Bitcoin integration, tokenized real-world assets (RWAs), and rapid transactions. Its roadmap includes collaboration with exSat, a Bitcoin-focused layer currently securing $557 million in locked assets.

โš–๏ธ However, Web3 banking faces regulatory challenges. Vaulta's attempt to merge compliance-driven TradFi with decentralized frameworks is daunting due to the industry's history of regulatory issues. Nonetheless, the company emphasizes its advisory board includes members from Systemic Trust, ATB Financial, and Tetra Trust.

๐Ÿ“ˆ Vaulta anticipates a variable annual percentage yield (APY), projecting a 17% annual return for stakers. Partnerships with firms like Ceffu and Spirit Blockchain will support yield strategies, fractionalized asset ownership, and blockchain-based insurance solutions. Starting in May 2025, EOS token holders can swap their holdings for Vaultaโ€™s new asset through a dedicated portal, with centralized exchanges facilitating conversions.

๐Ÿ”œ The team stated,
While the new brand identity (Vaulta) has been announced, details regarding the new token ticker will be strategically revealed at a later date.

The portal swap will remain bi-directional for four months. The new token will provide governance rights, staking rewards, and access to RWA investments.

๐Ÿ“Š Recently, EOS saw a 15% increase, trading at $0.5756 per unit with a global trade volume of $169 million. Despite this momentum, EOS has declined 41.4% against the U.S. dollar over the past year and remains 97.5% below its all-time high from 2018.
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SEED MON NFT is now on sale! ๐ŸŽฎ

Due to massive demand from community, SEED is thrilled to drop:
๐ŸŽ 290,000 Mon Blind Boxes
โฐ 7 AM UTC, Mar 20.

๐Ÿ‘‰ HERE'S HOW TO BUY

๐ŸŸข NFT Boxes and NFT Mons are able to withdraw and tradeable on NFT Marketplace - tradeport.xyz.
๐ŸŸข Real Earning - $SLOVE, $SEED and some hidden gems.
๐Ÿง You can explore the earning potential here


Those boxes are your only pass to earn in SEED Go, launching Mar 26. Donโ€™t get left behind!

๐ŸŸข Web App | ๐Ÿ‘‘ Tele App | ๐ŸŒŽ SEED Go | ๐Ÿ‘ Discord | ๐Ÿ‘ Twitter | ๐Ÿ‘ Coinmarketcap
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๐Ÿ’ฑ Dollar-Pegged Stablecoins Strengthening U.S. Dollar's Global Dominance

๐Ÿ’ฌ Chinese economist Zhang Ming argues that U.S. dollar-pegged stablecoins are enhancing the global dominance of the U.S. dollar, rather than cryptocurrencies like Bitcoin or Ethereum. Ming, who is the deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, emphasizes the "link" between stablecoins and the U.S. dollar, which he believes gives these digital assets characteristics similar to the sovereign currency.

๐Ÿ“ˆ In a recent op-ed, Ming asserts that this connection to the U.S. dollar is extending its hegemony. He points out that residents and businesses in inflation-stricken countries are using stablecoins as a store of value. Additionally, he highlights the role of U.S. dollar stablecoins in providing liquidity support within the decentralized finance (DeFi) ecosystem as evidence of their contribution to strengthening the international status of the U.S. dollar.

โžก๏ธ Observers note that the potential passage of stablecoin bills by the U.S. Congress could further enhance this role. Some lawmakers are advocating for legislation that would require stablecoin issuers to back their coins solely with U.S. Treasuries. However, opponents argue that such measures could harm Tether, the issuer of the largest stablecoin by market capitalization, USDT.

โš–๏ธ Critics are divided on this issue. While some believe that compelling stablecoin issuers to hold U.S. Treasuries would maintain dollar hegemony, Tether CEO Paolo Ardoino has stated that his company is already contributing to this goal by holding billions in U.S. debt.

๐ŸŸข On the other hand, Ming suggests that China can counter these efforts by issuing its own stable currency. He proposes increasing the use of the digital yuan on Chinese internet platforms to boost the international status of the renminbi (RMB). Furthermore, he advocates for the trial and promotion of digital special drawing rights (e-SDR) at the International Monetary Fund (IMF) level.

The flourishing of various digital currencies is naturally better than the U.S. dollar monopolizing the development track of digital currencies. e-SDR can expand the use of supranational reserve currencies in the digital field and virtual space, and also help promote the diversification of the international monetary system,

Ming stated.
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$SLOVE is now listed on Cetus!

๐Ÿ“„ Contract: 0x6dd439dee053557b3dd340287a4b81099b3e729cb48fbdae726dd2dff82736c3::slove::SLOVE
๐Ÿ”— Pair: SLOVE/SUI
๐ŸŒ Accumulate $SLOVE to upgrade and breed your Mons here: https://www.dextools.io/app/en/sui/pair-explorer/0x7249180ebceeaa0700c4f4851507e8c357930bb06f3dba041b8816c39d88e625?t=1742903812728


โš ๏ธ IMPORTANT: scammers are gonna try their luck too.

๐Ÿšซ DO NOT trust random links or fake contracts.
โœ… Only follow SEED official channels below!
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๐Ÿ“ˆ Bitcoin's Hashrate Reaches New Heights Amidst Price Surge

๐Ÿ“Š Bitcoin's hashrate has been on the rise, adding 40 exahash per second (EH/s) in the last five days and reaching 836 EH/s, nearing its historical peak. This increase coincides with a rise in Bitcoin's price, leading to a higher hashpriceโ€”the estimated daily earnings from one petahash per second (PH/s) of computing power.

๐Ÿ’ฐ On March 25, 2025, Bitcoin miners reported improved earnings, with the value of one petahash per day rising from $46.21 on March 18 to $49.57 today, according to hashrateindex. This uptick provides some relief for miners who faced tighter margins earlier in the month. Increased network activity is evident, with 48,116 unconfirmed transactions in the mempool as of 6:30 p.m. Eastern Time on Tuesday.

๐Ÿ“ˆ Transaction fees have also increased, now averaging 31 satoshis per virtual byte (sat/vB), translating to a cost of $3.83 for high-priority transfers. The recent rise in Bitcoin's price is the main factor behind this revenue boost, as transaction fees accounted for only 2.14% of total earnings over the past 24 hours.

๐Ÿ”ผ The recent price movements have driven the hashrate higher, with a 40 EH/s increase from 796 EH/s on March 20. This trend aligns with a 1.43% difficulty adjustment that occurred two days ago. Currently, mining difficulty is set at 113.76 trillion, slightly below the all-time high of 114.17 trillion recorded six weeks ago.

โš–๏ธ As transaction fees remain a minor revenue source, miner profitability is increasingly linked to Bitcoin's market value. With the protocol approaching historical thresholds, miners may need to adapt their strategies to navigate tightening margins and changing network conditions. Additionally, advancements in application-specific integrated circuit (ASIC) hardware may also be contributing to the increased computational output.
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โžก๏ธ Elon Musk's xAI Merges with X: A New Era in AI and Communication

๐ŸŒ Elon Musk has announced a major merger between his artificial intelligence startup xAI and the social media platform X. The all-stock transaction values xAI at $80 billion and X at $33 billion, after accounting for X's $12 billion debt. This strategic move aims to combine xAI's rapid innovation with X's global communication infrastructure.

โ€œX is the digital town square where more than 600M active users go to find the real-time source of ground truth,โ€

Musk stated. He highlighted X's transformation into one of the most efficient companies in the world, positioning it for scalable future growth. The merger will integrate vast data resources, machine learning capabilities, and a large user base.

๐Ÿ”— Musk emphasized the synergy between the two companies:
โ€œxAI and Xโ€™s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,โ€

he said. This integration is expected to unlock immense potential by blending xAIโ€™s advanced capabilities with Xโ€™s extensive reach.

๐Ÿš€ Looking ahead, Musk envisions a platform that not only reflects reality but also accelerates human progress. He stated,
โ€œThe combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge.โ€

Musk expressed gratitude to the teams at both companies and conveyed optimism for the future:
โ€œThis is just the beginning.โ€
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๐Ÿ“‰ Bitcoin's Current Market Status and Future Outlook

๐Ÿ“Š As of Sunday morning, Bitcoin is trading between $82,856 and $83,032, with a market cap of $1.65 trillion and a 24-hour trade volume of $15.6 billion. Over the past day, its price has fluctuated between $81,629 and $83,496.03, which is 23.6% below its all-time high from January 20, 2025.

๐Ÿ” The 1-hour chart indicates a short-term consolidation for Bitcoin after bouncing back from a recent low of $81,629. However, lower highs and lower lows suggest a continuing downtrend. Key resistance is at $84,500 and crucial support is at $81,600. Volume patterns show weak buyer participation, and a breakout above $83,500 on increased volume could signal a short-term bullish move.

๐Ÿ“ˆ The 4-hour chart shows a recent relief rally from the $81,629 low. However, the lack of strong buying volume undermines the credibility of this rebound. A significant resistance range between $83,500 and $84,000 remains critical. Failure to breach this zone could indicate continued downside pressure.

โšก๏ธ On the daily chart, Bitcoin is in a defined downtrend after falling from a recent high of $96,967. The nearest support at $82,000 is currently being tested, with further downside potential if this level fails. Resistance levels between $88,000 and $90,000 pose additional challenges for bullish momentum.

โš–๏ธ Oscillator analysis shows market indecision. The relative strength index (RSI) is at 44 and the Stochastic is at 30, indicating neutral conditions. However, the awesome oscillatorโ€™s negative value of -10 suggests underlying bearish pressure. In contrast, the momentum indicatorโ€™s positive value of -843 and a bullish reading from the MACD at -939 offer some encouragement for buyers.

๐Ÿ”ด Fibonacci retracement levels provide valuable reference points. On the daily chart, key levels include $91,607 (23.6%) and $88,758 (38.2%). The 4-hour chart shows retracement levels at $87,148 (23.6%) and $85,999 (38.2%). Similarly, the 1-hour chart presents resistance and support zones at $83,869 (23.6%) and $83,440 (38.2%).

๐ŸŒŸ Moving averages indicate a predominantly bearish sentiment. All short and long-term exponential and simple moving averages are signaling negative sentiment. Until Bitcoin can reclaim these levels, downward pressure is likely to persist.
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Seedizens, SEED Goโ€™s launched, kicking off Web3 gaming in the real world. You can now farm $SLOVE - $3 to $30/day potential. Confused? Alex got you:

Getting Started is Simple:
โœ… Get a SEED Mon: Need at least one - grab it from the marketplace if youโ€™re Mon-less.
โœ… Open the SEED App: Go to Discovery, find the nearest tree on the map, and send your Mons hunting.
โœ… Earn $SLOVE: Use your NFT Mon and a bit of $SLOVE to stack more $SLOVE.
โœ… Calculated Potential Earnings: Add your Mon stats into the dashboard.

Why earning $SLOVE is looking pretty sweet? Letโ€™s do a quick math:

๐Ÿ”ปMon Price: 3 SUI (Common), 40 SUI (Rare)
๐Ÿ”ปTeam Setup: 8 Common + 1 Rare = 64 SUI (~$150).
๐Ÿ”ป$SLOVE Price: ~$0.16.
๐Ÿ”ปEarnings at Lv9: 114 $SLOVE/day = ~$18/day.
๐Ÿ”ปBreak-Even: ~14 days (with upgrades).

๐Ÿ’ก Your strategy decides the bag - could be juicy profits! Alex is handing you this earning shot, donโ€™t sleep on it, fam!
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๐ŸŸข Russia's Response to U.S. Threats Over BRICS Currency Initiatives

๐Ÿ—ฃ Russian Deputy Foreign Minister Sergey Ryabkov addressed U.S. concerns regarding the BRICS alliance's financial initiatives in an interview with International Affairs. He acknowledged the seriousness of U.S. threats but emphasized Russia's commitment to dialogue. Ryabkov clarified that BRICS does not aim to replace the U.S. dollar but seeks to modernize financial systems to protect member states from monopolistic abuses.

We are not developing any alternatives to the dollar within the BRICS framework,

Ryabkov stated. He added that the group is focused on updating its financial architecture to prevent violations by dominant players. He expressed confidence in the progress of these reforms under Brazil's chairmanship this year.

๐ŸŒ Ryabkov highlighted BRICS' growing influence and appeal on the global stage. He noted,
The group has gained momentum... and its own expansion, increasing the potential of interacting with partner countries.

This reflects BRICS' modern image and recognition beyond its member states.

โš ๏ธ In contrast, U.S. President Donald Trump warned BRICS nations against undermining the dollar's role in global trade, threatening 100% tariffs and restricted market access. He stated that any attempt to establish a new currency would result in severe economic consequences. This warning aligns with Trump's efforts to maintain the dollar's international dominance amid BRICS countries' dedollarization initiatives.
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โš ๏ธ Ray Dalio Warns of Impending Global Market Collapse

๐ŸŒ Ray Dalio, founder of Bridgewater Associates, has issued a stark warning about a potential global market collapse driven by deeper issues than just tariff disputes. He emphasized that the public's focus on tariffs overlooks the significant underlying forces at play.

Donโ€™t Make the Mistake of Thinking That Whatโ€™s Now Happening is Mostly About Tariffs

Dalio stated, highlighting that President Trump's tariff policies are merely symptoms of larger systemic problems.

๐Ÿ“‰ He pointed out that we are witnessing a rare historical phenomenon: a breakdown of major monetary, political, and geopolitical orders. This type of breakdown occurs only about once in a lifetime and is often preceded by unsustainable conditions.

๐Ÿ’ฐ Dalio linked this impending collapse to excessive debt, increasing domestic inequalities, and the decline of U.S.-led international cooperation. He noted the erosion of middle-class jobs in the U.S. and China's rising influence as signs that the current order is no longer sustainable.

๐ŸŸข Furthermore, he warned about the fragility of the domestic political system and the deterioration of democratic norms. Gaps in education, opportunity, productivity, income, and values are driving polarization and empowering extreme factions.

๐ŸŒ On a global scale, Dalio observed a shift in the U.S. approach from multilateral leadership to a more unilateral, power-centric model. He urged observers to look beyond surface-level events and to consider how debt, politics, international power, nature, and technology are interacting to push the world toward a new era.
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โšก๏ธ Bitcoin's Maturing Role as a Macro Asset

๐Ÿ” James Toledano, COO of Unity Wallet, emphasizes that Bitcoin's measured response to a significant sell-offโ€”triggered by the U.S. imposing "reciprocal" tariffs on over 100 countriesโ€”demonstrates its growing maturity as a macro asset.

๐Ÿ“‰ After weeks of moving in sync with traditional assets, Bitcoin (BTC) reacted calmly to a historic sell-off. This sell-off saw BTC drop over 25% from its January 20 peak of just over $109,000, challenging the idea that BTC is uncorrelated with traditional assets. Coingecko data indicates that Bitcoin fell from over $82,200 on April 1 to just under $75,000 on April 7 amid fears of a trade war. However, the Trump administration's unexpected decision to pause "reciprocal tariffs" helped BTC recover some losses.

While itโ€™s far from decoupled or insulated from broader economic shocks, it has fared surprisingly well during this recent market-wide sell-off.

Toledano said.
This might suggest that fewer investors view it as merely another high-beta risk trade. Instead, weโ€™re beginning to see bitcoin occupy a liminal space between risk and refuge.


๐Ÿ“Š In contrast to BTC's performance, gold had its best weeks in decades. Starting the year just above $2,580 per ounce, gold gained over $500 by March 31. Although the April 7 global market meltdown temporarily halted gold's rise, it reached a new milestone of just under $3,174 per ounce three days later.

But the global response to U.S. policy shifts is reinforcing bitcoinโ€™s core proposition: a non-sovereign store of value in an increasingly fragmented world.

Toledano argued.
While not yet a traditional safe haven, bitcoin is growing into that roleโ€”its resilience increasingly speaks louder than price action alone.
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๐Ÿ“‰ Cryptocurrency Market Update: Mixed Performance Amid Decline

๐Ÿ“‰ The cryptocurrency market experienced a decline of 1.56% over the past 24 hours, bringing the global market cap down to $2.66 trillion. Major assets showed mixed performance during this period.

๐Ÿ’ช Bitcoin (BTC) maintained its dominance, trading at $83,781 with a slight 1.35% daily decline, but remaining up 1.72% over the week. Its market share increased to 62.5%, indicating continued investor preference despite broader volatility.

โžก๏ธ In contrast, Ethereum (ETH) suffered the steepest weekly loss among top tokens, down 9.91% to $1,579.03 and falling 4.87% over the last day, widening the performance gap with Bitcoin.

๐Ÿ“ˆ Solana (SOL) emerged as a leader among the top 15 gainers, rising approximately 11.72% to $128.02. Avalanche (AVAX) also saw a significant weekly jump of 15.64%, despite a 1.29% daily dip.

๐Ÿ”ผ Other notable performers included Chainlink (LINK), which was up 4.3% for the week, and XRP, climbing 3.96% to $2.14. However, Cardano (ADA) slipped 3.56% and Dogecoin (DOGE) fell 2.41%.

๐ŸŸฅ BNB, the fifth-largest coin by market cap, dropped 2.25% to $584.40. Market volume decreased by 0.49% to $74.41 billion, reflecting a cooling sentiment.

๐Ÿ” As the market undergoes a reshuffle, Bitcoin's strength and selective altcoin rallies suggest a cautious optimism amid broader downside pressure as we head into the third week of April.
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โžก๏ธ OKX Launches in the United States Amid Regulatory Challenges

๐Ÿš€ OKX has officially launched its centralized cryptocurrency exchange and OKX Wallet in the United States, establishing its regional headquarters in San Jose, California. Roshan Robert has been appointed as the US CEO, highlighting the company's dedication to providing secure and compliant access to digital assets.

๐Ÿ”„ The rollout will begin with the migration of existing OKCoin customers to the OKX platform, which promises enhanced liquidity, lower fees, and advanced trading tools. OKX is committed to transparency and security, implementing a global proof of reserves and adhering to US regulations.

โš–๏ธ This launch comes shortly after OKX pleaded guilty to operating an unlicensed money transmitting business, resulting in penalties over $504 million. Despite these challenges, the company aims to establish a strong presence in the US market.
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โš ๏ธ Peter Schiff Warns of Impending Economic Catastrophe in the U.S.

๐Ÿ—ฃ Economist and gold advocate Peter Schiff has issued a stark warning about the U.S. economy during an interview on the Schwab Network on April 18. He cautioned that current economic policies are paving the way for a severe downturn, potentially worse than the Great Depression.

๐Ÿ“‰ Schiff attributed the worsening economic situation to tariffs imposed during President Donald Trumpโ€™s administration. He stated,
The recession that Trump inherited is already much worse and is going to get much worse as a result of these misguided tariffs.

He emphasized that unless these tariffs are removed, the U.S. could face the worst recession since the Great Depression, possibly even worse than that period.

๐ŸŸข The economist dismissed recent employment data as misleading, arguing that all jobs created last year were part-time positions filled by individuals unable to sustain themselves with a single job. He pointed out that many Americans are relying on multiple jobs and maxed-out credit cards just to make ends meet. Schiff warned that tariffs will exacerbate inflation by raising the prices of imported goods, leading to a collapse in retail spending:
Thereโ€™s going to be massive layoffs, bankruptcies, in the retail sector, a lot of defaults.


๐Ÿ’ธ He expressed concern over the continued capital flight from U.S. financial assets, which is driving up interest rates and could lead to an โ€œinflationary recession.โ€ Schiff noted the U.S. economy's reliance on imports and the risk of collapse without them. He stated that previous monetary policies had pushed inflation abroad while preserving domestic asset prices, but this trend is reversing. As inflation moves from Wall Street to Main Street, it will impact both low- and high-income groups.
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๐Ÿ’ฐ Strategic Bitcoin Acquisition: A $3 Billion Initiative by Cantor Fitzgerald, Softbank, and Tether

๐Ÿš€ Financial Times reports that Cantor Fitzgerald, Softbank, and Tether are finalizing a $3 billion bitcoin acquisition vehicle aimed at leveraging the cryptocurrency's resurgence under the Trump administration. The project is led by Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, and seeks to replicate Strategyโ€™s (formerly Microstrategy) approach by building a substantial bitcoin reserve.

๐Ÿ’ผ According to reporters Antoine Gara and Oliver Barnes, the consortium's special-purpose acquisition company (SPAC), Cantor Equity Partners, plans to gather $3 billion in bitcoin from Tether ($1.5 billion), Softbank ($900 million), and Bitfinex ($600 million). These funds will support a new firm called 21 Capital, which aims to list at $10 a share, suggesting a bitcoin valuation of nearly $85,000 each. The SPAC has already raised $200 million and will issue a $350 million convertible bond along with a $200 million private placement to acquire more bitcoin.

๐Ÿ“ˆ Participants' bitcoin holdings will be converted into 21 Capital equity, indicating a bet on long-term crypto appreciation. Bitcoin recently surged to almost $94,000, diverging sharply from equities this week. However, sources familiar with the negotiations caution that while an agreement is anticipated soon, it could still fall through.

โžก๏ธ The report notes that Cantor declined to comment, and Softbank and Tether did not respond. Tether, which issues the world's largest dollar-linked token USDT, currently holds 92,646 BTC after adding 8,888 bitcoin in Q1.
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๐Ÿš€ NEAR Price Hints Breakout As Bitwise Registers Near Protocol ETF ๐Ÿšจ

๐Ÿ‘‰ Read more
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