jonesruby5339 pfp

jonesruby5339

@jonesruby5339

199 Following
93 Followers
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
The three companies have been part of Hong Kong’s stablecoin issuer sandbox since July 2024, alongside Jingdong Coinlink Technology and RD InnoTech.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Hong Kong has positioned itself as a digital asset hub, competing with regional rival Singapore.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Jingdong Coinlink announced plans for a Hong Kong dollar-pegged stablecoin in July, while RD InnoTech partnered with HashKey exchange to develop its own stablecoin.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Hong Kong has positioned itself as a digital asset hub, competing with regional rival Singapore.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Jingdong Coinlink announced plans for a Hong Kong dollar-pegged stablecoin in July, while RD InnoTech partnered with HashKey exchange to develop its own stablecoin.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
The three companies have been part of Hong Kong’s stablecoin issuer sandbox since July 2024, alongside Jingdong Coinlink Technology and RD InnoTech.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
However, it remains to be seen whether or not the incoming Attorney General of the United States, Pam Bondi, takes enforcement action against Trump or the memecoin, Lesperance added.
0 reply
0 recast
0 reaction
bonnieabel9 pfp
bonnieabel9
@bonnieabel9
The Solana-based memecoin launched amid The Crypto Ball — a black tie event held in Washington DC — the weekend before Trump’s inauguration on Jan. 20.
0 reply
0 recast
0 reaction
bonnieabel9 pfp
bonnieabel9
@bonnieabel9
Traders were initially skeptical of the token, as many unofficial copycats currently exist — including one from Martin Shkreli, with the ticker symbol DJT.
0 reply
0 recast
0 reaction
hedy2637 pfp
hedy2637
@hedy2637
However, the memecoin was later confirmed as authentic by the Trump family — driving the price of the token higher.
0 reply
0 recast
0 reaction
hedy2637 pfp
hedy2637
@hedy2637
Since launching on Jan. 17, the Trump token surged by over 12,500% and hit a high of approximately $35 on Jan. 18 before falling down by roughly 35%.
0 reply
0 recast
0 reaction
hedy2637 pfp
hedy2637
@hedy2637
At the time of this writing, TRUMP is trading at around $27, down by 19% from the all-time high, and has captured narrative attention on social media and in the crypto community.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Today in crypto, insider trading allegations have emerged around US President-elect Donald Trump’s Solana-based memecoin, the US Securities and Exchange Commission has filed a lawsuit against Nova Labs, and Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Suspicious trading activity has emerged around US President-elect Donald Trump’s Solana-based Official Trump (TRUMP) memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Suspicious trading activity has emerged around US President-elect Donald Trump’s Solana-based Official Trump (TRUMP) memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors.
0 reply
0 recast
0 reaction
jonesruby5339 pfp
jonesruby5339
@jonesruby5339
Today in crypto, insider trading allegations have emerged around US President-elect Donald Trump’s Solana-based memecoin, the US Securities and Exchange Commission has filed a lawsuit against Nova Labs, and Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation.
0 reply
0 recast
0 reaction
irene298760 pfp
irene298760
@irene298760
Meanwhile, holdings are more evenly distributed among blockchain networks as users migrate beyond Ethereum, Blockworks data analytics manager Dan Smith said in a Jan. 2 post on the X platform.
0 reply
11 recasts
2 reactions
danawilson4768 pfp
danawilson4768
@danawilson4768
The shift reflects increasing onchain activity and the rise of alternative layer-1 networks such as Solana and Hyperliquid. Analysts expect the trend to continue, with USDC’s market capitalization potentially doubling this year.
0 reply
11 recasts
2 reactions
nancy776608 pfp
nancy776608
@nancy776608
As of Jan. 2, approximately 65% of USDC supplies are on Ethereum, 10% are on Solana, and roughly 15% span Base and Arbitrum — both Ethereum layer 2s — as well as Hyperliquid, a layer 1 for low-latency trading.
0 reply
11 recasts
2 reactions
g17274677 pfp
g17274677
@g17274677
In 2023, USDC remained heavily concentrated on Ethereum, which held 85% of the stablecoin’s circulating supply, Smith said.
0 reply
11 recasts
5 reactions