Crypto News

Several marketplaces hawking Donald Trump-branded merchandise, including GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com, have started accepting the Trump memecoin as a payment method alongside credit cards and bitcoin (BTC).Payments options now include TRUMP and will be processed by Solana Pay, a decentralized payment system that allows users to send money directly to merchants without intermediaries.The watches will be made-to-order and start shipping from October onward, an FAQ on the website shows. As such, these official products are not sold by Trump directly but are part of a licensed agreement with CIC Digital LLC - one of the companies that helmed the issuance of TRUMP tokens.The move bumps utility and usability for the TRUMP token, which launched on Jan. 17 and has...

Polymarket only sees a 16% chance that the Donald Trump will order the creation of a strategic bitcoin (BTC) reserve in the first 100 days of its administration, despite assurances from crypto czar David Sacks that there's an effort underway to explore the idea."President Trump has asked us to study that issue, so we are not ready to comment on it yet. But it's one of the things our working groups are going to look at," Sacks said in a recent appearance on Fox. Senator Cynthia Lummis, a Wyoming Republican who is known for her bitcoin-friendly policy stance, has submitted a bill proposing the creation of a reserve, but this is a separate measure from the White House's efforts. The...

Visa has invested over $10 million in African fintech Moniepoint, joining its Series C funding round, which now exceeds $120 million. Moniepoint provides banking, credit, and payment services to businesses and individuals in Africa. The investment aims to drive financial inclusion and support SME growth across the continent. Moniepoint processes over 1 billion transactions monthly,Source link

Spanish authorities are crediting the T3 Financial Crime Unit, a consortium made up of Tron, Tether, and TRM Labs, for helping take down a multinational European financial crime syndicate.According to Spain's Guardia Civil, the crime syndicate operated across multiple European jurisdictions, providing cash-to-crypto laundering services for criminal enterprises. T3 said it seized $26.4 million, calling it the most significant coordinated freeze it has been involved with since its launch last year. So far, the group says it has frozen $126 million."Public-private partnerships are particularly effective in cryptocurrency investigations because they leverage our distinct but complementary strengths," Chris Janczewski, head of investigations at TRM Labs said in an email to CoinDesk."Law enforcement brings their traditional expertise to the investigation while the...

If someone told you that stock market investors are offloading their cherished holdings, you will most likely interpret it as a sign of an impending market downturn.The narrative, however, differs in the crypto market, where such selling indicates bullishness, according to analysts observing historical trends in the supply held by long-term investors or wallets holding coins for at least 155 days or over five months."Based on our analysis, sharp declines in long-term holder supply (purple line) have frequently coincided with strong bitcoin rallies (white line), as seen in Q1 and Q4 of 2024. As long as long-term holders continue reducing their balances, Bitcoin remains at risk of a short squeeze to the upside," Markus Thielen, founder of 10x Research, said...