Venture Village Wall 🦄

Eric Trump’s Investment Advice Backfires Eric Trump advised buying Bitcoin and Ethereum, but prices dropped 20% and 30% respectively. World Liberty Financial's portfolio fell by $110 million. His praise messages were deleted after the crash. A false report on ETH purchase circulated, later debunked. For more info, visit ForkLog. #Bitcoin#Ethereum#Crypto#Investment#MarketCrash#WorldLiberty#FinancialNews#EricTrump#ETH#BTC#Trading#Blockchain#TechNews#Assets#Speculation#Finance#MarketStrategy#News

US Crypto Push Threatens Europe's Autonomy European Stability Mechanism Chief Pierre Gramegna warns that the US crypto push, supported by the Trump administration, endangers Europe's monetary autonomy, emphasizing the need for a digital euro. More details can be found at Leviathan News. #Crypto#DigitalEuro#US#Europe#MonetaryPolicy#Trump#FinancialRegulation#Investment#Blockchain#DeFi#Stablecoins

Massive Bitcoin Transfer by Mt. Gox Mt. Gox moves $905 million worth of Bitcoin to an unmarked wallet, raising eyebrows in the crypto community. The exodus has sparked speculations about future moves. For more details, check the full article here. #Bitcoin#MtGox#Crypto#Blockchain

Whale Moves ETH, Mt. Gox Transfers BTC A major whale sold 25,800 ETH to avert liquidation, incurring a $31.75 million loss after purchasing at an average price of $3,084 in July 2024. Meanwhile, Mt. Gox transferred 11,501 BTC (approx. $905 million) to a new address and 332 BTC (approx. $26.13 million) to its warm wallet. New markets for minting crvUSD with weETH, cbBTC, and LBTC as collateral launched. #ETH#BTC#MtGox#DeFi#Crypto#Whale#Liquidation#trading#MarketNews#CurveFinance#blockchain#finance#investment#cryptocurrency#ethusd#bitcoinnews#assets#collateral#cryptoexchange#trends

Crypto News: Market Decline and Developments 🇺🇸 Sunnyvale Public Safety Officers Association becomes the first U.S. dual-agency to hold Bitcoin on its balance sheet. Joseph Lubin praises U.S. government's reforms, anticipating crypto growth by 2025. President Trump's upcoming executive order may adjust Fed policies for crypto banks and clarify that stablecoins are not securities. FIFA considering a new cryptocurrency, FIFA Coin, to engage 5 billion fans. Coinbase to hire 1,000 workers, citing Trump's positive impact on the crypto industry. Ethereum sees significant outflows totaling $1.8 billion, while total value locked in DeFi drops to $88 million. Bitcoin's price fluctuates between extreme greed and fear, with a current value of $79,000. Ethereum declines below $2000, triggering market fears as total market cap falls by 33%. Current index shows extreme fear since 2022, affecting trader sentiments. #Bitcoin#Crypto#DeFi#TrumpsExecutiveOrder#FIFA#Ethereum#Coinbase#Stablecoins#MarketSentiment#Bullish#Blockchain#Investors#CryptoRegulation#ETH#USFinance#DigitalAssets#CryptoOutflows#FinanceNews

Bitcoin Falls Below $80,000 Again Bitcoin has dropped below $80,000 once again, raising concerns among investors. In related news, Spanish bank BBVA has received regulatory approval to launch Bitcoin and Ethereum trading within its app. Additionally, Singapore Exchange plans to list Bitcoin futures in late 2025. The SEC of Thailand has licensed USDT, streamlining its listing on regulated exchanges. Bank of America is now interested in developing its own stablecoin. For more details, visit Forklog and Leviathan News. #Bitcoin#USDT#Stablecoins#BBVA#SingaporeExchange#SEC#Crypto#Fintech#MarketTrends#Investing#Finance#Innovation#Blockchain#BankofAmerica#Trading#Futures#VentureCapital#AI#CryptoExchange#MasterCard#EconomicNews

Investors Withdraw $876M From Crypto Funds $876 million withdrawn from crypto funds last week. This marks the fourth consecutive week of outflows, despite new announcements in the U.S. #Crypto#Investments#US#Finance#Funds#Market#Trends#Trading#Withdrawals#Blockchain#Fintech#Economy#News#Updates#AI#VC

Singapore Exchange Launches Bitcoin Futures 🔵 The Singapore Exchange (SGX) will launch perpetual Bitcoin futures by H2 2025, marking the first such product on a traditional Asian stock exchange. This move aims to attract major institutional players to the cryptocurrency market, expanding access and trading opportunities. 🔗 Read more: Bloomberg #Bitcoin#Crypto#SGX#Futures#Investment#Asia#Finance#Trading#Blockchain#DigitalAssets#Market#Institutional#PerpetualFutures#CryptoMarket

Trump-Backed Fund Loses $110M on Crypto World Liberty Financial, backed by Donald Trump, reports a loss of $110 million from $336 million invested in cryptocurrencies. Most losses (65%) stem from Ethereum, a key asset in their portfolio. Meanwhile, Kraken plans IPO for early next year, seeking $100 million in investments. The US Senate of Utah has passed a cryptocurrency integration law, allowing bitcoin mining and staking without government interference. Binance has blocked a market maker for manipulative actions regarding certain crypto projects. Read more #Crypto#Ethereum#IPO#Kraken#Bitcoin#Utah#Blockchain#CryptoLaw#VC#Trump#Investment#Binance#Investors

Ethereum's Downfall According to Sonic Labs Co-founder André Krone, co-founder of Sonic Labs, shares his thoughts on Ethereum's struggles against rival ecosystems: - Fragmented liquidity and separate L2 networks. - ETH farming via centralized sequencers causing excess coin supply. - USDe stablecoin creates ongoing selling pressure. - Competitors excel in user experience and speed. - Attempts to maintain neutrality hinder top applications. - Ethereum scaling roadmap lacks action, waiting for L2 solutions. - Ecosystem support mainly comes from podcasters, not engineers. Krone notes that developers prefer platforms like Solana, Avalanche, and Base rather than Ethereum. Read more here. #Ethereum#Solana#Avalanche#Crypto#VC#L2#Stablecoin#USDe#MarketMaking#DeFi#Layer2#Blockchain#TechNews#UserExperience#Innovation#DigitalAssets#CryptoTrends#SonicLabs

US to Build Strategic Bitcoin Reserve The U.S. plans to actively increase its Bitcoin reserves through methods like issuing Bitcoin bonds and selling gold from government reserves. Trade Secretary Howard Lutnick is spearheading this initiative. This move introduces a Strategic Bitcoin Reserve (SBR), solidifying Bitcoin’s status as a strategic asset and initiating a global competition among countries for Bitcoin holdings. For the first time, the actual amount of Bitcoin held by the U.S. will be officially disclosed, as the current estimates are deemed speculative. The U.S. aims to surpass China, which currently leads with 194,000 BTC. #Bitcoin#BTC#Crypto#US#Finance#Investment#Blockchain#Trading#Economy#DigitalAssets#SBR#Innovation#Markets#Tech#Assets#Estimates#Competition#Global

Crypto Summit Insights and Key Updates 🔍 At the White House Crypto Summit, Trump aims for stablecoin legislation before August recess. The summit reflects on the need for US leadership in the crypto industry amidst rising concerns from China. Meanwhile, Kraken is preparing for an IPO as soon as Q1 2026 after SEC lawsuit dismissal. Bitcoin currently trading at $88,000. For further details, check the full article on Bloomberg. #Crypto#Bitcoin#Blockchain#Kraken#IPOs#Trump#Stablecoins#DigitalAssets#WhiteHouse#US#EU#Garantex#XRP#LastPass#Tech#Finance#Innovation#Regulations#Markets#VC