Former President Donald Trump is under scrutiny after using the official presidential seal during a private cryptocurrency event promoting his $TRUMP memecoin. The gathering, held at Trump National Golf Club in Virginia, was attended by 220 private investors and has raised serious legal and ethical concerns. Violation of Federal Law? According to 18 U.S. Code § 713, unauthorized use of the presidential seal for private gain is illegal. The law states that the seal cannot be used in any way that implies government approval or endorsement. Violators face fines or up to six months in prison. At the event, Trump…
Author: Blockto Team
Bitcoin’s Role in Corporate Treasury is Just Beginning A growing number of corporate executives are turning to Bitcoin as a long-term store of value, and some believe this shift is only accelerating. According to a recent statement from a leading Bitcoin executive, the exodus from fiat assets has already begun, and Bitcoiners are underestimating how much Bitcoin treasury companies will ultimately hold. “Corporate Bitcoin adoption is not just a trend — it’s a structural shift away from fiat dependency,” says jesse Myers, a prominent Bitcoin strategist. Forecasting the Future: $70 Trillion in Bitcoin Treasuries by 2025? In a bold projection,…
The cryptocurrency market experienced a sharp correction over the weekend, as major altcoins like Dogecoin (DOGE), Cardano (ADA), and Ripple (XRP) saw their prices drop by approximately 7%. This sudden decline has caught the attention of investors who had been riding a week-long bullish rally. Market Cap Takes a Hit According to CoinMarketCap, the global crypto market capitalization fell by 5%, shedding billions of dollars within hours. This pullback came after a strong week where several altcoins posted double-digit gains, leading many traders to lock in profits ahead of the weekend. “Profit-taking and low weekend liquidity often trigger sudden sell-offs…
Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging to a reserve asset such as the U.S. dollar, euro, or gold. Unlike volatile cryptocurrencies like Bitcoin and Ethereum, stablecoins offer price stability, making them ideal for everyday transactions, cross-border payments, and remittances. The most popular stablecoins include USDT (Tether), USDC (USD Coin), and DAI, each backed by various assets to ensure consistent value. The Economic Revolution: Stablecoins in Action Stablecoins are transforming how the global economy operates. By enabling instant, borderless transactions without the need for traditional banks, stablecoins provide faster, cheaper, and more accessible…
A Bold Step into Mainstream Crypto Derivatives In a significant move for retail and institutional traders, Pi Network perpetual futures are now officially live on Kraken, one of the top global crypto exchanges. U.S.-based traders can now access Pi Futures with up to 20x leverage, offering both new opportunities and high risk in the digital asset space. This development represents a milestone for the Pi Network, which aims to build a decentralized, user-first cryptocurrency accessible from mobile devices. Kraken’s Expansion into Perpetual Futures Kraken’s decision to list Pi Network perpetual futures signals growing institutional trust in the project’s liquidity and…
In a remarkable show of investor confidence, Bitcoin ETFs posted $2.75 billion in weekly inflows, according to the latest data from digital asset management firms. This marks one of the highest weekly inflows since U.S. spot Bitcoin ETFs were launched earlier this year. Bitcoin (BTC) continues to hover above the $108,000 mark, holding its ground despite recent macroeconomic pressures and regulatory uncertainties. “This week’s flows show renewed institutional appetite for Bitcoin exposure through regulated investment vehicles,” said a strategist at Galaxy Digital. Fidelity and BlackRock Lead ETF Inflows The largest contributions came from Fidelity’s Wise Origin Bitcoin Fund (FBTC) and…
Bitcoin Holds Ground, But Strategy and Others Dive While Bitcoin (BTC) only saw a modest dip from its record highs, broader market sentiment took a hit, especially among crypto-linked equities. Strategy Inc. — a publicly traded firm known for its aggressive Bitcoin treasury management strategy — fell nearly 6% on Friday, leading losses among blockchain-focused stocks. “The carnage in related stocks was far worse than the slight BTC pullback,” noted one analyst, highlighting the growing skepticism in how public firms manage digital assets. Treasury Strategies Spark Investor Concerns Strategy Inc. has long been hailed for holding billions in BTC on…
Privacy Is No Longer Optional As artificial intelligence (AI) becomes more integrated into digital systems, data privacy has never been more important. According to the CEO of Shielded, a leading onchain privacy platform, “onchain privacy is a necessity, not a luxury” in today’s tech-driven world. _“Blockchain is going to improve cybersecurity around the world,” the CEO noted, “because, for a hacker to get to actual data, they need to hack individual wallets. Their ROI would be just one record instead of millions — not worth it.” The AI Era Brings New Privacy Challenges AI systems, especially those using big data…
Bitcoin (BTC) is once again at a pivotal moment, as over $13.8 billion in BTC options contracts are set to expire this week. This massive expiry, scheduled for Friday, May 31, 2025, is creating intense speculation in the market. The key question: Can bulls push BTC back above the $110,000 mark before the contracts settle? Currently, BTC is trading just below $109,000, down 2.3% from its recent high amid global macroeconomic uncertainty and renewed geopolitical risks. Understanding the Options Expiry Impact Options contracts give traders the right, but not the obligation, to buy or sell BTC at a specific price.…
In a surprising development, Mihailo Bjelic, one of the co-founders of Polygon, has officially stepped down from his operational role. This marks the third exit of a founding member from the team behind one of Ethereum’s most prominent Layer-2 scaling solutions. The announcement came via a post on X (formerly Twitter), where Bjelic confirmed his transition out of daily leadership duties. “It’s been an incredible journey, and I remain a passionate supporter of Polygon’s mission,” Bjelic wrote. Background: Polygon’s Rise and Internal Shifts Founded in 2017 (originally as Matic Network), Polygon has grown into a multibillion-dollar protocol facilitating fast and…