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1464 Followers
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@begard
Trump’s Crypto Ventures Expand: President Donald Trump’s World Liberty Financial has introduced a new dollar-pegged stablecoin called USD1, announced earlier this week. This follows the venture raising over $550 million from selling another digital token, WLFI. The stablecoin aims to facilitate secure, cross-border transactions and is set to launch on Ethereum and Binance Smart Chain blockchains. Additionally, Trump Media & Technology Group, the parent of Truth Social, is partnering with Crypto.com to offer crypto-tied investment products, signaling deeper ties between Trump’s business interests and the crypto industry.
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@begard
Decline in Computer Programming Jobs: Recent reports indicate a significant drop in computer programming employment in the U.S., reaching its lowest level since 1980. This decline, noted to be around 27.5% since 2023, coincides with the rise of AI tools like ChatGPT. Some speculate this reflects AI’s growing role in automating coding tasks, though experts like IBM CEO Arvind Krishna argue that human programmers will remain essential, with AI enhancing productivity rather than replacing jobs entirely. Meanwhile, software development roles, which involve broader responsibilities, are projected to grow by 17% through 2033.
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I just minted my Faces of Farcaster collectible. A custom, onchain art collection exclusively for Farcasters by @harmonybot and @sayangel
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It's day 411 of my Farcaster journey! I have joined Farcaster on Feb 05 2024 14:46 UTC My 2nd Farcaster birthday is in 320 days How about you? Frame by @nikolaii.eth πŸš€
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Bitcoin’s volatility has spiked to a six-month high, with the crypto market experiencing a slight dip in overall market cap by 1.27% to $2.77 trillion, while trading volume dropped sharply by 27.83% to $75.46 billion. Despite this, Bitcoin remains a focal point, hovering around $81k as reported in recent posts on X, reflecting a choppy but resilient market.
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U.S. Strategic Bitcoin Reserve: On March 11, 2025, U.S. Senator Cynthia Lummis reintroduced the BITCOIN Act, aiming to establish a Strategic Bitcoin Reserve. This bill proposes the U.S. government hold over 1 million BTC, acquired gradually over five years. Additionally, President Donald Trump signed an executive order to create a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile," using forfeited crypto assets, signaling strong institutional interest in Bitcoin.
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Trump has made significant moves to position the United States as a leader in the cryptocurrency space. On Thursday, March 6, 2025, he signed an executive order establishing a Strategic Bitcoin Reserve, utilizing approximately 198,000 bitcoins already held by the U.S. government from law enforcement seizures, valued at around $17 billion. This reserve is intended to be a "digital Fort Knox," as described by White House AI and Crypto Czar David Sacks, drawing a parallel to the U.S. gold reserves. Additionally, the order includes provisions for a stockpile of other digital assets, though specific cryptocurrencies beyond Bitcoin were not detailed in the executive order itself. This fulfills a campaign promise to make the U.S. the "crypto capital of the world."
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