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“I certainly think so. I think there is a need for transparency across government spending,” executive director Anthony Apollo told Cointelegraph, echoing Elon Musk’s call for the US federal Treasury to be put on the blockchain.
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The executive director of the Wyoming Stable Token Commission says the impending launch of its fully backed and compliant stablecoin could lay the groundwork for the State Treasurer’s Office to run on blockchain.
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Meanwhile, pseudonymous crypto trader 0xsun purchased nearly 1 million TRUMP tokens with 3,000 Solana , worth $653,000. By selling part of their holding for $812,000, they netted over $3.7 million in profit.
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Another trader transformed a $1.1 million investment into $70 million in under four hours. The individual sold 1.35 million TRUMP for 3.65 million USDC while retaining 4.62 million tokens valued at $67.5 million.
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A wave of high-profile trades highlighted the token’s meteoric rise.
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Appearing before US Magistrate Judge Robert Lehrburger, Kwon pleaded not guilty to nine charges, including securities fraud, wire fraud, money laundering and commodities fraud. A status conference is scheduled for Jan. 8, allowing for the defense and prosecution to share evidence.
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Haliey Welch, the social media influencer who the memecoin was based on, denied allegations of insider trading by her or her team.
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Following the collapse of the token, some investors submitted complaints to the Securities and Exchange Commission (SEC) and encouraged others to do the same.
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The Vancouver City Council has greenlit a motion to explore ways to integrate Bitcoin into its financial operations, including a possible Bitcoin reserve and payments option.
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During his tenure at the CFTC, he supported the integration of digital asset derivatives and event contracts into the federal agency’s regular framework, focusing on improving innovation while maintaining market integrity.
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O’Connell said that Topper’s off-ramp solution will be available in more than 230 countries worldwide, including in harder-to-serve regions like Latin America, the Asia-Pacific region and Africa.
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Users can access Topper’s off-ramp solution via its website, Uphold Enterprise CEO Robin O’Connell told Cointelegraph.
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Unlike crypto assets stored on centralized crypto exchanges (CEXs) or other custodial solutions, users can move self-custodied assets freely, removing friction but also requiring holders to responsibly and safely store their private keys.
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“Topper now supports the full cycle, not just accepting digital payments, but also enabling smooth and flexible off-ramps so users can exit the digital economy when they choose,” Topper’s global head of sales, Frankie Picciano, said.
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Seld-custodial wallets and hardware wallets are often associated with a lack of off-ramp options, with Ledger featuring only one off-ramp method as of September.
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The off-ramp solution enables users of self-custodial wallets like MetaMask to sell crypto assets and withdraw fiat proceeds directly to their debit cards.
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The off-ramp tool is designed to improve access to crypto through self-custodial or non-custodial wallets, decentralized exchanges (DEXs) and Web3 projects.
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Uphold, a global cryptocurrency broker, is expanding its capabilities for self-custodial wallets with the launch of a new crypto off-ramp solution through its payment platform, Topper.
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According to Mow, the price of Bitcoin may rise by as much as $10,000 per day during the Omega Candle era as nation-states, institutions, and retail traders pile into Bitcoin to secure a piece of the pie.
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Bitcoin advocate Samson Mow also told Cointelegraph that the $100,000 price level may be the point where the "Omega Candle" manifests. For context, Mow's "Omega Candle" or "God Candle" refers to an incredibly rapid rise in Bitcoin's price that could take Bitcoin to $1 million or more per coin.
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