Coinedition
Paul Tudor Jones warns rising U.S. debt will drive inevitable inflation, risking instability. Jones bets on gold and Bitcoin as inflation hedges, citing protection in uncertain times. Political tensions and U.S. election spending plans may worsen national debt concerns.
Bill Gates’ $50 million donation to Harris reflects concerns over Trump’s policies. Harris’s candidacy represents a generational shift amid ongoing political tensions. Over 81 billionaires back Harris, contrasting Musk’s support for Trump this election.
Binance will delist IDRT, KP3R, OOKI, and UNFI following a deeper review of underperforming tokens. Several trading pairs and Binance services will be affected, including margin trading and Spot Trading Bots. Users are advised to close positions and manage holdings before key deadlines to avoid losses.
Santiment mentioned ten cryptocurrencies with skyrocketing whale activities. The firm said that rising whale activities will result in a movement opposite to the current trend. APE, SUSHI, HOT, CHEX, and FRAX are some of the coins Santiment mentioned.
Google ad redirects visitors to a fake Soneium website, pointed out Scam Sniffer. The fake website acted as a wallet drainer for those who connected their wallet. The person behind the scam used sophisticated tactics to avoid Google’s security.
Tesla has moved its Bitcoin holdings to seven different wallets. The company has 11,509 BTC worth around $776.9 million. Bitcoin is facing resistance at the $69,000 price level and awaits breakout.
Bitcoin remains relatively stable, while altcoins and stablecoins show remarkable growth. Peter Schiff expresses concerns over Bitcoin’s weak performance despite Trump’s increasing odds. Schiff comments that the community’s increasing BTC purchase may have weakened the price action.
John Deaton promotes innovation and regulatory clarity for blockchain, AI, and automation. Deaton prioritizes bipartisan governance, including codifying Roe v. Wade and term limits. Deaton’s independent stance may challenge party lines, emphasizing principles over loyalty.
UAE’s new framework gives DAOs legal status, enabling off-chain asset and bank ownership. RAK’s DARe framework offers tailored legal models for DAOs of varying sizes and maturity. UAE stablecoin regulation mandates backing with cash or bonds, ensuring financial security.