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United States’ Bitcoin Holdings Top $24 Billion After Ruling Out Buying

by admin August 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

On-chain data shows the US is one of the world’s largest Bitcoin holders, with its portfolio now exceeding $24 billion. However, recent events have shown that the possibility of the US government increasing its stash is very low. Particularly, the US government’s strategy for cryptocurrency took a new turn this week after Treasury Secretary Scott Bessent clarified that Washington will not be actively buying any additional Bitcoin.

Bessent Rules Out New Purchases But Leaves A Possibility

While speaking in a Fox Business interview, US Treasury Secretary Scott Bessent explained that the government has no plans to buy additional Bitcoin beyond its current reserve. The Treasury chief said the reserve will continue to be funded primarily through assets seized in criminal cases rather than direct purchases. His estimates place the value of the reserve between $15 billion and $20 billion.

Bessent later softened his position on social media, noting that even though the US is not allocating budgetary resources to acquire more Bitcoin, it is committed to “budget-neutral pathways” for expanding reserves to make the country the Bitcoin superpower of the world. The statement suggests that auctions, seizures, and non-traditional acquisitions could still increase holdings in the future, even if the Treasury avoids direct market buys.

Bitcoin Holdings Push Toward $24 Billion

Data from blockchain analytics platform Arkham Intelligence reveals a bigger picture than Bessent’s estimates of $15 billion to 20 billion. According to Arkham, wallets linked to the US government currently hold about 198,022 BTC, valued at approximately $23.42 billion. Many of these holdings originated from seizures related to criminal activity, including the well-known Silk Road case.

The portfolio, however, extends well beyond Bitcoin. Arkham’s data reveals holdings of about 59,951 ETH, worth $273 million, along with 347 million USDT and smaller allocations across other assets such as 750 WBTC, 40,293 BNB, 5,205 WETH, and 13.6 million BUSD. Taken together, the government’s digital asset holdings are valued at approximately $24.27 billion. This figure recently climbed as high as $25 billion during Bitcoin’s surge above $124,000 last week.

Source: Chart from Arkham

Earlier this year, President Donald Trump signed into law the creation of a strategic crypto reserve, a move many interpreted as the start of government-led Bitcoin accumulation. Trump himself had many investors increase their expectations after stating that the United States would prioritize US-based cryptocurrencies like BTC as part of its financial strategy. 

This context is what made Bessent’s recent statement so significant. Although the reserve exists in law, the Treasury has now made it clear that active market purchases of Bitcoin are not on the table for the time being. However, it is clear that the US government isn’t planning to sell its holdings anytime soon, which might flood the market with selling pressure.

BTC trading at $114,859 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 18, 2025 0 comments
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Borderlands 4 Promises 30 Billion Guns, Giant Skill Trees, And More
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Borderlands 4 Promises 30 Billion Guns, Giant Skill Trees, And More

by admin August 18, 2025


The overwhelming consensus among the first hands-on demos with Borderlands 4 earlier this summer was that it’s more of the same. If you already like Borderlands, the sequel is likely to provide everything fans usually show up for. If not, well, TBD on how many nonbelievers Gearbox Entertainment manages to win over with its most ambitious looter shooter yet. Much of that will come down to the details, and the studio has been sharing a lot of them recently. Here’s a bunch of stuff we learned about Borderlands 4 this week.

Split-screen co-op returns

Senior project producer Anthony Nicholson wrote on Xbox Wire this week that in addition to supporting local co-op, Borderlands 4 will also let you play with another pair of people in split-screen mode. Two TVs, four-player sessions, tons of chaos. Teaming up has also apparently been streamlined with a better lobby system and improved dynamic level scaling, including the option for each player to set their own difficulty.

Switch 2 won’t have couch co-op

“Switch 2 players will have the same exciting Borderlands 4 experience as other platforms minus the split-screen option, and yes, it will have full cross-play with Epic, Steam, PlayStation 5, and Xbox X|S,” reads the Nintendo version’s support page. The port targets 30fps and arrives on October 3, roughly three weeks after the platforms.

There are over 30 billion guns

Yes, that’s a real stat Gearbox is pushing. One of the reasons for that big number is that Borderlands 4 lets you mix-and-match elements from different in-universe weapons manufacturers. Then there are all of the RNG stat and perk drops you can get. According to Nicholson, the studio created a Matrix-like gun rack to help conceptualize all the possibilities and prevent the game from spitting out combinations that wouldn’t work.

“It was this really large gun map where you could see all of the individual parts for all the individual guns, for all the individual manufacturers,” he told the Epic Games Store blog. “It made it so you could see how each of those things were and how we could have those combinations roll together and how they would work—the slides, the animators, the actions, the art all fitting together. Because a certain gun, if it pumps one way, but there’s a long barrel that goes on the bottom, obviously those parts can’t go together.”

Borderlands 4 has “more passive perks than all the previous Borderlands combined”

Size matters, at least for Gearbox’s marketing guys. The Borderlands 4 map is bigger than the last two numbered entries combined. The guns have four times as many polygons as Borderlands 3. All those billions of guns. You get the idea. The skill tree follows a similar pattern. It sounds more advanced, and potentially overwhelming, than any game prior—more Diablo 4 or Path of Exile than your traditional RPG shooter.

“The Augment and the Capstone system that we have forces you to make a choice and all of them drastically change the ability that each player has,” character designer Nick Thurston told Polygon. “That alone would create more build diversity than we’ve ever had. But then we also have more passives than all the previous Borderlands combined. I think Amon alone has 87 passives, and most Vault Hunters have about 80.”

Techno Viking Amon is Borderland‘s “most complicated” Vault Hunter yet

Amon is the guy with the big fire and ice axes you see in all the Borderlands 4 trailers. But looks can be deceiving. He’s not just a tanky melee character. He’s apparently the poster child for the new game’s build variety. Everyone in a squad could play as Amon, but the styles might all be different, Gearbox claims. Melee, ranged, support, he can do it all. Unlike most of the franchise’s Vault Hunters that pop abilities and then just shoot stuff, Amon’s skills can be deployed in more ways.

“He just has more abilities than any other Vault Hunter numerically because of his trait, which allows him to have forge skills,” Thurston told GameSpot. “I wouldn’t say he’s super complicated, but he has a lot more going on in the middle of combat, and he’s a lot more active than I think a lot of people historically expect from Vault Hunters.” He sounds like a more advanced archetype than some of the others, though Gearbox says he’s still approachable to new players.

Borderlands 4 is inspired by mergers, acquisitions, and fascism

The game takes place on a prison planet called Kairos. Gearbox CEO Randy Pitchford suggests that’s a not-so-subtle illusion to the studio’s rocky period during which it was sold to the poorly conceived Embracer holding company, before trying to escape again. The studio group is now owned by longtime publishing partner 2K Games, part of the broader Take-Two portfolio that includes Grand Theft Auto VI maker Rockstar Games and mobile maker Zynga.

“There’s this cultural and emotional shift in me, personally, and at the studio. What does it mean to trade some autonomy for organization?” he told the Epic Games Store blog: “What does it feel like to move up and down the scale between autonomy and being organized or even being controlled? On one end of a spectrum you have anarchy, and on the other end of the spectrum you have fascism, totalitarianism, zero freedom. It’s not just about societies—that’s all of us as individuals, to imagine where we want to be on that spectrum and how comfortable we are. And we were going through that as a company.”



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August 18, 2025 0 comments
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Why Digital Currency Group Is Suing Its Own Subsidiary Over $1.1 Billion Loan

by admin August 18, 2025



In brief

  • Digital Currency Group has sued its subsidiary Genesis, the now-shuttered crypto lender.
  • The crypto giant claims that a $1.1 billion loan it made to Genesis was more than enough to cover its losses following its 2022 collapse—and that the firm has actually profited.
  • The latest lawsuit comes after Genesis in May sued Digital Currency Group for $3.1 billion.

Digital Currency Group has sued its subsidiary Genesis, claiming that the collapsed crypto lender has actually profited in the long-term following its collapse and subsequent bailout. 

In a lawsuit filed Thursday, DCG said that the $1.1 billion loan it gave to Genesis in 2022 was ultimately more than enough to cover its losses.

Crypto lender Genesis went bankrupt in 2023 as it had lent money to collapsed crypto firm Three Arrows Capital and other firms during the bear market and “crypto contagion” that spread across the industry in 2022.



DCG stepped in with capital to help repay Genesis customers. But in Thursday’s lawsuit, DCG argued that due to a rise in the value of recovered collateral from Three Arrows Capital, its obligations under the promissory note have been reduced to zero. 

This, the lawsuit states, is because the assets from Three Arrows Capital were in Bitcoin and Grayscale Bitcoin Trust shares that have shot up in value since 2022. 

“Genesis ultimately suffered no loss from TAC’s default; rather Genesis has profited by hundreds of millions of dollars (which Genesis is entitled to keep),” the lawsuit said. 

It added: “Because of the significant appreciation in cryptocurrency values since the petition date, this has resulted in recoveries that exceed the dollar value of the creditors’ claims as of the petition date.”

Genesis was a crypto lender run by crypto behemoth DCG. It allowed users to earn cash on their crypto holdings by allowing them to be loaned out to others.

Genesis made billions of dollars in loans to beleaguered crypto firms like Three Arrows Capital and the FTX-linked Alameda Research, which were about to default on their debt due to market contagion stemming from the collapse of Terra. 

When mega digital asset brand FTX collapsed, Genesis announced to clients that it would pause withdrawals from its lending arm due to the “unprecedented market turmoil.”

“DCG took extraordinary efforts to voluntarily support Genesis in 2022, including by issuing a promissory note to Genesis to help close a potential book equity gap resulting from the collapse of Three Arrows Capital,” a DCG spokesperson told Decrypt on Friday. “We have consistently met our contractual obligations under that note, but believe those have now been fully satisfied. We are simply asking the Court to confirm that the valid and binding obligation was fully satisfied.”

Thursday’s lawsuit comes after Genesis in May sued DCG, alleging that its parent company and CEO Barry Silbert made fraudulent transfers from the lender as it was collapsing in 2022. It’s seeking $3.1 billion in damages. 

Editor’s note: This story was updated after publication to include a statement from DCG.

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August 18, 2025 0 comments
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Will GameStop Buy More Bitcoin? GME Boosts Latest Fundraise to $2.7 Billion

by admin June 26, 2025



In brief

  • GameStop just raised another $450 million that it can use to buy Bitcoin, per its investment policy.
  • The firm bought $512 million worth of Bitcoin back in May after completing a convertible notes offering.
  • GameStop’s share price has fallen sharply since the firm started making Bitcoin-related moves.

GameStop, the prominent video game retailer that’s building a Bitcoin treasury, generated an additional $450 million in fundraising that it can use to buy BTC, according to a filing with the SEC. 

The raise boosts its previous convertible notes offering to $2.7 billion in total after the initial purchaser exercised its option to purchase the additional $450 million in 2030 notes. The offering was previously upsized from $1.75 billion to $2.25 billion. 

While plans for the net proceeds do not specifically mention Bitcoin, it gives room for the firm to purchase the top cryptocurrency.

“The company intends to use the net proceeds from the greenshoe exercise for general corporate purposes, including making investments in a manner consistent with the company’s investment policy and potential acquisitions,” reads the recent filing. 



That investment policy includes the option to invest in Bitcoin, like it did in May, buying 4,710 BTC valued at $512 million at the time of purchase and around $506 million at today’s prices. 

The firm first hinted at its intentions to buy BTC in March, highlighted by a photo between its CEO Ryan Cohen and Bitcoin proponent and Strategy (formerly MicroStrategy) Chairman Michael Saylor. Strategy holds nearly $64 billion worth of Bitcoin, and pioneered the crypto treasury model that GameStop has since adopted.

Since then, GameStop has utilized convertible notes offerings to raise funds for potential Bitcoin additions, following in the path that Saylor and Strategy have outlined for Bitcoin treasury companies. 

Yet while Strategy routinely adds to its Bitcoin stack, typically announcing weekly buys, GameStop’s future with the leading cryptocurrency is a bit less obvious. In a recent interview, Cohen said the firm was “not going to call our shots in advance” referring to Bitcoin purchases, and added that the firm is “not following anyone else’s strategy.” 

The firm’s recent Bitcoin and fundraising plans have not benefited its stock price.

Shares of GameStop (GME) fell more than 10% to a level of $30.73 after it announced its first purchase of Bitcoin in May. They fell again when it announced its second convertible notes offering, which has now been bumped to nearly $2.7 billion after its upsizing and subsequent greenshoe exercise.

Shares were down marginally earlier Wednesday, but finished the trading day up about 1%. Nevertheless, at $23.55, GME is down about 23% year-to-date. 

GameStop’s stock skyrocketed during the meme stock phenomenon that pitted Wall Street against Redditors and retail investors in a short-squeeze battle. 

The firm has participated in crypto beyond Bitcoin, attempting to build an Ethereum NFT marketplace before ditching it in early 2024. It also ditched its NFT wallet in 2023, citing regulatory uncertainty in both instances.

Edited by Andrew Hayward

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June 26, 2025 0 comments
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Toncoin to $4? Massive 2.98 Billion TON Tokens Sit in Supply Zones
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Toncoin to $4? Massive 2.98 Billion TON Tokens Sit in Supply Zones

by admin June 25, 2025


As Toncoin (TON) hovers near $3, new data from Glassnode reveals a striking concentration of investor cost basis, sparking anticipation of a potential push toward $4.

According to the analysis, a staggering 2.98 billion TON are clustered across four major price zones, suggesting key support and resistance areas that could shape the token’s next move.

Cost Basis Distribution for $TON reveals four key supply clusters:

• $2.01–2.05 (1.32B TON)
• $2.18–2.22 (535M TON)
• $2.91–2.98 (863M TON)
• $3.83–3.87 (261M TON)

These levels represent zones of investor cost concentration – potential support/resistance. pic.twitter.com/bYtfLOsMgF

— glassnode (@glassnode) June 25, 2025

Glassnode’s cost basis distribution for TON reveals four key supply clusters for TON between $2 and $4.

In the range of $2.01 to 2.05, 1.32 billion TON are being held, while 535 million TON are being held between $2.18 and $2.22; 863 million TON sit in the range of $2.91 to 2.98, while 261 million TON were previously bought in the range of $3.83 to 3.87.

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According to Glassnode, these levels represent zones of investor cost concentration and now serve as critical technical zones: support if TON retraces or resistance if the price increases.

At press time, TON was up 0.09% in the last 24 hours to $2.9; an increase to $4 would mark a 37% surge in current prices.

863 million TON cluster emerges as key area of interest

Of particular interest is the $2.91 to $2.98 range, where 863 million TON is held. What makes this level even more intriguing is that this massive stash appears to be controlled by a single entity.

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According to Glassnode, a single investor or coordinated entity holds 863 million TON tokens with a cost basis that mirrors Toncoin’s price over multiple years. Glassnode suggests this wallet has been accumulating steadily over the years, untouched by local tops or capitulation events. This consistent activity suggests disciplined, long-term capital deployment.

As TON trades near $3, the $3.83-$3.87 zone now stands out as a potential launchpad or final resistance before TON reaches $4. The amount of 261 million TON held at this range suggests a minor resistance en route to $4. 





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June 25, 2025 0 comments
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Amazon announces three-year $54 billion investment into warehouse facilities, infrastucture, and wages throughout Britain

by admin June 25, 2025



With end of financial year sales winding down, I can finally look at online stores again without fearing the loss of all of my money. Of course, in global news Amazon has managed to put my own finances in perspective, pledging to invest around $54 million dollars into its operations in the UK. Now I feel poor without even having to spend a dime, thanks Bezos.

Reuters reports, the online shopping giant has just announced a commitment to invest $54 billion USD into its operations in Britain. The spend will take place over the next three years, and includes opening two new fulfilment centres which are set to open in 2027. This is in addition to the already planned centres around the country that are expected to open in the next two years.

The money will also go to opening more delivery stations across the United Kingdom, as well as upgrades to the existing buildings in operation. This includes an expansion to the corporate headquarters in London as well as some redevelopment works on other existing locations. It also includes funds going to the company’s cloud computing arm, as well as salaries for employees, but not to any Steam competitor storefronts.


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Amazon is presenting this as a mass creation of jobs within the UK. Currently, the corporation employs around 75,000 people in the UK, and boasts that the opening of new locations will only add to this. For example, the planned The Hull and Northampton sites are set to create 2,000 new jobs, each. The company is already a top-ten private sector employer in the UK, and this could move it further up the rankings.

The UK government is taking the investment from Amazon as a big thumbs up to its current economic strategy. Prime Minister Keir Starmer said Amazon’s plans represented “a massive vote of confidence in the UK as the best place to do business.”

For UK consumers hopefully this means they’ll have access to more stock and faster deliveries once this infrastructure is in place. With how hard PC parts can be nowadays, maybe this will help a few folks pick up a new graphics card.

The jobs also seem like a nice addition, especially for all those who dreamed of working in an Amazon factory one day. Having a giant ecommerce platform go all in on your tiny island sounds fairly intimidating, but if anyone can handle a rich foreign power coming in and making huge investments into their way of life, it has to be the UK.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

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June 25, 2025 0 comments
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XRP Open Interest Hits $3.76 Billion Amid 5.61% Price Surge
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XRP Open Interest Hits $3.76 Billion Amid 5.61% Price Surge

by admin June 25, 2025


A rise in the price and the open interest in XRP has caused it to attract the interest of investors and traders. In the last 24 hours, the price of XRP increased by 5.61%, which is good. 

However, what is really significant is the open interest, which reached $3.76 billion.

The increase up to $3.76 billion indicates that traders are more ready to hold positions, either due to the expectation of additional profits or against some possible retreats. In any case, an increase in open interest indicates a rise in confidence.

The increase of the price and the open interest at the same time is important. When price goes up due to temporary buying pressure, it is often seen that the buying pressure is limited solely to a rise in price. But in this case, a corresponding rise in open interest indicates that the market will continue to attract more attention.

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In a case where there is an upsurge in open interest and at the same time the price has gone up, it is usually an indication of the garnering of momentum. It tends to be a sign that new capital is circulating in the market, and this may increase movements in the price in one direction or the other.

Provided that the bulls prevail, the extra supply of liquidity could support additional gains. Nonetheless, in case of a sentiment change, there can be a massive price fall because of the considerable number of open positions that may be forced to close off fast by traders.

XRP maintains positive trend

The increasing open interest indicates that XRP is a moving and liquid market. Liquidity is significant since it enables a smooth transaction process without having significant price volatility. Notably, the total of $3.76 billion shows that the market for XRP derivatives is sound and growing.

Source: CoinMarketCap

XRP has proved to be a good performer in the last day with an increase of 5.61%, trading at a price of $2.20, according to the latest CoinMarketCap data. The trading volume was $4.27 billion, which represented a minor increment of 0.71% from the previous day.

Having opened at approximately $2.05, XRP faced a series of buying volumes, and each caused the price to move a little bit higher. 

Although there are slight pullbacks (as observed in the chart), buyers intervened many times to resist pushes to the downside.



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June 25, 2025 0 comments
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Pompliano Bitcoin Treasury ProCap Unveils $1 Billion SPAC Merger

by admin June 23, 2025



In brief

  • Anthony Pompliano’s ProCap plans to leverage its Bitcoin holdings to “implement risk-mitigated solutions to generate revenue and profits.”
  • The firm says it will hold $1 billion in Bitcoin once a proposed merger is completed.
  • Bitcoin treasury firms are a hot trend, but analysts have raised concerns about the dynamic’s sustainability and the ultimate market impact.

Social media personality and crypto investor Anthony Pompliano unveiled a $1 billion merger on Monday to create ProCap Financial, a Bitcoin-native financial services firm that will soon join a growing list of companies stockpiling the asset on the Nasdaq.

Pompliano, who began promoting ProCap in April, said on X, formerly Twitter, that he had recently raised $750 million from “leading institutional investors on Wall Street” for the blank-check firm, alongside heavy hitters in the cryptosphere.

“It’s time to get to work,” Pompliano said, noting that ProCap will develop “products and services to produce revenue and profit from the bitcoin on our balance sheet over time.”

ProCap will merge with Columbus Circle Capital, which trades on the Nasdaq under the ticker name CCCM, ProCap said in a press release. Entities in the proposed transaction raised $516 million in equity and $235 million through convertible notes, the firm added.



Pompliano’s announcement comes amid a sharp uptick in firms adding Bitcoin to their balance sheets, including Trump Media’s $2.5 billion raise to buy Bitcoin last month, and GameStop’s recent adoption of Bitcoin as a treasury reserve asset. Although many firms are simply buying Bitcoin and holding it, Pompliano underscored in a statement that capital will be put to work.

 

“Our objective is to develop a platform that will not only acquire bitcoin for our balance sheet, but will also implement risk-mitigated solutions to generate revenue and profits from our bitcoin holdings,” he said.

Bitcoin-buying firms like Strategy, formerly MicroStrategy, have been able to transform themselves over time. In a recent note from Coinbase, however, analysts warned that the trend may not be sustainable and could one day yield “systematic risks” for the entire crypto sector. 

The logic goes that a sharp drawdown in Bitcoin’s price could force these firms, which often turn to debt to fund purchases, could be forced to sell the asset en masse.

Worldwide, 134 public companies have purchased 835,000 Bitcoin worth $85 billion, according to Bitcoin, according to Bitcoin Treasuries. Bitcoin was changing hands around $102,000 on Monday, a 2.2% increase over the past day, according to crypto data provider CoinGecko.

Edited by James Rubin

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June 23, 2025 0 comments
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The $50 Billion Company That Does Almost Nothing

by admin June 21, 2025


Something strange is happening on Wall Street. It isn’t Elon Musk, AI, or a late-night post from Donald Trump. It’s a crypto company called Circle Internet Group, and it’s making the market feel like the glory days of the dot-com bubble are back.

Circle went public on June 5. In just eleven trading sessions, its stock exploded by an almost unprecedented 675%, adding over $42 billion to its market cap. The company now trades at a valuation that puts it in the same league as tech unicorns and AI moonshots, commanding a price that has investors paying, in essence, $295 for every $1 of its earnings.

There’s just one problem. Circle doesn’t have revolutionary AI. It doesn’t build sleek consumer gadgets. Its business model is shockingly simple.

Here’s how it works: You give Circle a dollar. They give you a digital token, called USDC, worth that same dollar. They then take your actual dollar, invest it in something safe like short-term U.S. Treasury bonds, and collect the interest.

You get the token. They get the profit. That’s it. That’s the entire business.

This has led critics to label Circle as little more than a glorified “money wrapper.” So why is Wall Street treating it like the next Tesla?

The answer is one word: stablecoin.

USDC is a stablecoin, a digital token pegged to a stable asset, in this case, the U.S. dollar. The idea is that for every USDC token, there’s a real dollar sitting in a reserve account. This makes it incredibly useful for crypto traders who need the speed of digital assets without the wild volatility of Bitcoin.

And now, the bulls are betting that stablecoins are about to go mainstream. The Senate just passed the “Genius Act,” landmark legislation that paves the way for banks, fintechs like PayPal, and even retailers like Walmart and Amazon to use stablecoins for payments. Suddenly, the dream of crypto becoming a real alternative to Visa or Mastercard seems within reach.

Analysts are salivating. Citi predicts the stablecoin market could hit $3.7 trillion by 2030. In that scenario, Circle, as a neutral platform not tied to any single bank, is perfectly positioned to cash in.

But there’s a catch. The business model that seems so brilliant in a high-interest-rate environment is also its greatest weakness.

“Circle’s whole business is literally glued to Fed policy,” one user wrote in a viral post on Reddit’s r/wallstreetbets. “It’s a Treasury ETF in a trench coat.”

If the Federal Reserve cuts rates, Circle’s main revenue stream shrinks. There’s also nothing stopping bigger players from launching their own lookalike stablecoins, erasing Circle’s edge overnight. If everyone’s offering the same thing, Circle’s moat starts looking very shallow. And yet, Wall Street is piling in like it’s the next OpenAI. What if regulators change their tune? The entire model could be at risk. The business is remarkably fragile.

When contacted by Gizmodo, a spokesperson said the company was in a post-IPO “quiet period,” legally restricting it from making promotional statements.

For now, the hype is winning. Circle’s stock is on fire, fueled by the promise of a future where we all pay for our coffee with digital dollars. But beneath the surface, this $50 billion company doesn’t innovate or disrupt. It just holds your cash, gives you a digital receipt, and pockets the interest. And in the bizarre world of 2025 finance, that’s apparently enough to be crowned the new king of Wall Street.



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June 21, 2025 0 comments
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Trump’s Crypto Wealth Estimated Near $1 Billion In White House Report

by admin June 17, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a recent report by Fortune, significant details emerged about President Donald Trump’s growing entanglement with the cryptocurrency industry, as disclosed in his first financial report since taking office. 

The report highlights various aspects of his business interests, including golf courses, sponsorship deals, and his publicly traded media group. Notably, it sheds light on Trump’s crypto platform, World Liberty Financial (WLFI), which was announced by his sons last summer.

$57 Million Earned From Crypto Token Sales

The financial disclosure reveals that Trump has generated over $57 million from token sales on the World Liberty platform. He holds nearly 16 billion governance WLFI tokens—essentially the crypto equivalent of voting shares—issued by the company. 

Based on previous sales, which valued the tokens between $1.5 and $0.5, Trump’s holdings could potentially be worth close to $1 billion, although the tokens are not currently trading, as estimated by Bloomberg.

As discussions in Congress about blockchain regulation intensify, government watchdogs are raising concerns about potential conflicts of interest stemming from Trump’s ventures in the crypto space. This report provides the first substantial insight into how deeply embedded Trump has become in digital assets.

Before his recent campaign, Trump expressed skepticism about cryptocurrencies, famously labeling Bitcoin (BTC)  a “scam” just a few years ago. However, during his last campaign, he began to embrace blockchain technology, promising to be the first president to support the industry. 

His engagement has included appearances at industry events, such as the National Bitcoin conference, where he promoted the technology and explored his business opportunities in the sector.

Trump Expands Digital Asset Ventures

Trump’s foray into crypto has expanded beyond the initial launch of a series of non-fungible tokens (NFTs) to a more comprehensive engagement through World Liberty Financial. 

Announced by his son Eric Trump last August, the World Liberty Financial platform aims to herald a “new era of finance,” although its specific functions remain somewhat unclear to date. 

In recent months, World Liberty has rolled out several products, including governance tokens and a dollar-pegged stablecoin named USD1. This stablecoin has garnered attention as it was utilized by an Emirati investment firm to inject $2 billion into Binance, one of the world’s largest crypto exchanges.

The report also touches on another significant aspect of Trump’s crypto ventures—his memecoin, also named TRUMP, which launched just before his inauguration. While the memecoin’s market capitalization has plummeted from $9 billion in January to around $2 billion today, it remains a controversial asset. 

It is believed that Trump’s organization owns about 80% of the total supply of this memecoin. In May, Trump hosted a dinner for top memecoin holders, an event that sparked criticism from lawmakers, particularly Democrats.

The daily chart shows Bitcoin’s Monday surge. Source: BTCUSDT on TradingView.com

As of this writing, Bitcoin is trading at $107,550, having briefly dropped to $102,000 at the end of last week. According to CoinGecko data, the cryptocurrency has increased by 4.5% over the past month.

Featured image from Bloomberg, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 17, 2025 0 comments
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  • What The LEASH V2 Launch Means For Shiba Inu Holders
  • Bitmine Adds Another 4,871 Ethereum To Treasury: Now Holds $7.65B In ETH
  • Whistleblower claims DOGE uploaded Social Security data to unsecure cloud server

Recent Posts

  • Windscribe VPN review | TechRadar

    August 26, 2025
  • Kirby Air Riders is a blazing assault on the senses where once you lock in, the magic cuts through – hands-on

    August 26, 2025
  • What The LEASH V2 Launch Means For Shiba Inu Holders

    August 26, 2025
  • Bitmine Adds Another 4,871 Ethereum To Treasury: Now Holds $7.65B In ETH

    August 26, 2025
  • Whistleblower claims DOGE uploaded Social Security data to unsecure cloud server

    August 26, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Windscribe VPN review | TechRadar

    August 26, 2025
  • Kirby Air Riders is a blazing assault on the senses where once you lock in, the magic cuts through – hands-on

    August 26, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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