UNDER EXPOSED EP8 - AI coins and the future under a Bitcoin Presidency

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Decrypt 9 months ago 173

UNDER EXPOSED EP8 - AI coins and the future under a Bitcoin Presidency

MoonPay acquired Solana-native crypto payment processor Helio for $175M. The Jupiter team rolled out a new onboarding method allowing the gifting of SOL ($156.17) to friends with a few button clicks. Over 8M HYPE ($40.24) was staked in the first day following the ANIME announcement that some tokens would go to HYPE stakers. Chainalysis acquired Fraud Detection firm Alterya for $150M to help its efforts in stopping scammers. Layer Zero went live on Soneium, Sony's new EVM L2. Tether is moving to El Salvador after acquiring a Digital Asset Service Provider license in the Bitcoin-friendly country. Donald Trump is expected to issue several Crypto-focused executive orders on his first day according to the Washington Post, including a repeal of a crypto accounting policy (SAB 121) and de-banking of Crypto companies. Donald Trump's inauguration will feature a "Crypto Ball" to honor him as the "first Crypto President," with tickets available for $5,000/person. A US Court demanded the SEC explain itself for denying Coinbase's requests related to crypto regulations. MicroStrategy bought another $243M worth of Bitcoin at a $95,972 average this past week. A BlackRock report said that crypto has "outpaced growth for mobile phones and the internet" in its race to 300M users.



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