
hucker🎩
@hucker
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694 Followers
For years, crypto’s mainstream narrative has revolved around speculation, price cycles, and regulatory headaches. But in the shadows of hype and FUD, something real is happening: crypto is quietly solving one of the biggest financial problems in the world – access.
Over 1.4 billion people globally don’t have a bank account. Not because they don’t want one, but because they live in places where financial infrastructure is a privilege, not a given. They deal with corrupt institutions, insane remittance fees, unstable currencies, and outright financial censorship. In many emerging markets, the traditional banking system doesn’t just fail people, it actively works against them. 0 reply
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2️⃣ Binance Gets $$$ from Abu Dhabi
On Wednesday, Binance announced via Twitter that it had received a $2B investment pledge from MGX, an investment firm based in the UAE that focuses on AI and advanced technologies. According to reports, the investment will be made entirely in stablecoins.
While MGX has a background in advanced technologies, this is its first move into the crypto and blockchain sector, according to Binance. MGX stated that it “aims to enable innovation at the intersection of AI, blockchain technology, and finance,” which could signal that Binance is preparing to dive deeper into AI initiatives. With AI agents gaining traction in the crypto space, keep an eye out, Binance may be planning to launch its own soon. 0 reply
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1️⃣ ETH Price Tumbles Amid Trade War
ETH has taken a hit over the past week, with prices sliding amid growing uncertainty around a potential trade war. Former President Trump has flip-flopped on tariff policies, adding to market volatility. Initially, Trump threatened Canada with a 50% tariff hike on steel and aluminum imports but later walked back the statement after Canada halted a planned tax on electricity exports. However, on Wednesday, he did impose a 25% global tariff on steel and aluminum imports.
The EU retaliated by announcing $28B worth of tariffs on U.S. goods, including boats, motorcycles, and alcoholic beverages. Trump responded on Thursday, threatening a 200% tariff on wines, champagnes, and other alcoholic products unless the EU removed tariffs on U.S. whiskey. With this back-and-forth, investor uncertainty has driven prices of risk-on assets like crypto downward. 0 reply
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1️⃣ Trump Establishes Bitcoin Reserve
On Thursday, Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve using tokens already held by the government via seizures. The market dumped BTC prices, in part disappointed that the government would not be buying additional bitcoin, but also just selling the news of the signed order.
It was a perplexing week for the crypto reserve after Trump dropped some "truths" on his social media platform first mentioning XRP, SOL, and ADA as targets for the crypto reserve. After some confusion and backlash, he later added, “And, obviously, BTC and ETH." The inclusion of so-called "America coins" in the reserve was to the chagrin of many in the crypto space, even including Solana's founder. 0 reply
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