BitcoinWorld Bitcoin Acquisition: H100 Group’s Bold Move to Boost Holdings to 628 BTC In a world increasingly embracing digital assets, a significant trend is emerging: established companies are diversifying their treasury reserves with Bitcoin. This isn’t just a fleeting interest; it’s a strategic realignment. The latest to make headlines is Swedish health-tech firm H100 Group, which has just announced a substantial Bitcoin acquisition , further solidifying its commitment to the leading cryptocurrency. This move signals a growing conviction among diverse industries about Bitcoin’s long-term value proposition and its role in modern corporate finance. H100 Group’s Strategic Bitcoin Acquisition Journey H100 Group, a name typically associated with healthcare innovation, has once again demonstrated its forward-thinking approach, this time in the realm of digital finance. The company recently announced on X (formerly Twitter) that it has acquired an additional 117.93 BTC. This latest purchase significantly increases their total Bitcoin holdings to an impressive 628.22 BTC. This isn’t a one-off event; it’s a continuation of a well-thought-out strategy. The company had previously secured $1.5 million specifically to fund its Bitcoin acquisition strategy, indicating a deliberate and planned approach to integrating digital assets into its financial framework. This proactive stance by a health-tech firm underscores a broader shift in corporate treasury management, where companies are looking beyond traditional assets to hedge against inflation and secure long-term value. The decision to accumulate Bitcoin reflects a sophisticated understanding of the current economic landscape. With global inflation concerns and the devaluation of fiat currencies, Bitcoin offers a decentralized, finite supply asset that can serve as a robust store of value. For H100 Group, this isn’t merely an investment; it’s a strategic allocation designed to protect and potentially grow shareholder value in an evolving financial ecosystem. Their consistent accumulation demonstrates confidence in Bitcoin’s future trajectory and its role as ‘digital gold’ in the 21st century. Why are Companies Embracing Bitcoin Acquisition? H100 Group’s move is part of a larger, compelling narrative. Companies worldwide, from tech giants to traditional enterprises, are increasingly exploring or actively pursuing Bitcoin acquisition . But what exactly is driving this trend? Several key factors contribute to Bitcoin’s appeal as a corporate treasury asset: Inflation Hedge: In an era of quantitative easing and rising inflation, Bitcoin’s capped supply of 21 million coins makes it an attractive hedge against the erosion of purchasing power. Unlike fiat currencies, it cannot be devalued by central banks printing more money. Store of Value: Often dubbed ‘digital gold,’ Bitcoin shares many characteristics with traditional precious metals, including scarcity, durability, and divisibility. It provides a reliable means to preserve capital over the long term. Diversification: Adding Bitcoin to a corporate treasury portfolio offers diversification away from traditional assets like cash, bonds, and equities, which may be subject to different market dynamics and risks. Technological Innovation & Future-Proofing: Embracing Bitcoin aligns companies with cutting-edge financial technology and demonstrates a forward-thinking approach. It positions them to capitalize on the growing digital economy. Increased Institutional Acceptance: With growing regulatory clarity and the entry of major financial institutions into the crypto space, Bitcoin is gaining mainstream acceptance, reducing perceived risks for corporate adoption. Pioneering companies like MicroStrategy, which began its substantial Bitcoin accumulation in 2020, have set a precedent, demonstrating the viability and potential benefits of holding significant Bitcoin reserves. Their success has encouraged others to follow suit, leading to a noticeable shift in corporate treasury strategies. The Health-Tech Perspective: H100 Group’s Vision It might seem unconventional for a health-tech firm to be so deeply invested in Bitcoin, but H100 Group’s actions highlight a broader principle: innovation isn’t confined to a single industry. Health-tech, by its very nature, is about looking forward, embracing new technologies, and finding better solutions for complex problems. This ethos extends to their financial strategy. H100 Group’s consistent Bitcoin acquisition demonstrates a belief that digital assets are not just speculative instruments but foundational elements of the future economy. Their vision likely encompasses a long-term outlook where Bitcoin serves as a robust pillar of their balance sheet, protecting against economic uncertainties and potentially providing significant upside. This strategic foresight positions H100 Group not just as a leader in health technology but also as an innovator in corporate finance, willing to challenge conventional wisdom for the benefit of its stakeholders. It speaks to a corporate culture that values resilience, adaptability, and a proactive approach to navigating global economic shifts. Navigating the Challenges of Corporate Bitcoin Acquisition While the benefits of corporate Bitcoin acquisition are compelling, it’s crucial to acknowledge the inherent challenges and risks. No investment strategy is without its hurdles, and digital assets introduce a unique set of considerations that companies must meticulously address: Volatility: Bitcoin is known for its price fluctuations. While it offers significant upside potential, companies must be prepared for periods of substantial downturns. A long-term holding strategy can help mitigate the impact of short-term volatility. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving globally. Companies need to stay abreast of changing laws and ensure compliance in all jurisdictions where they operate. Security Risks: Holding large amounts of Bitcoin requires robust security measures to prevent hacks and theft. This often involves specialized custodial solutions, multi-signature wallets, and stringent internal protocols. Accounting Treatment: In many jurisdictions, Bitcoin is treated as an intangible asset for accounting purposes, which can lead to complex impairment charges if its value drops below the purchase price, even if it recovers later. Public Perception: While increasingly accepted, some stakeholders or traditional investors might still view Bitcoin as a risky or speculative asset, requiring clear communication from the company regarding its strategic rationale. Companies like H100 Group must employ sophisticated risk management frameworks, engage expert legal and financial advisors, and implement state-of-the-art security protocols to navigate these challenges effectively. Their ability to do so will be key to the success of their Bitcoin strategy. What’s Next for H100 Group and the Future of Corporate Bitcoin Acquisition? H100 Group’s latest Bitcoin acquisition reinforces a clear signal: they are committed to this strategy for the long haul. With 628.22 BTC now on their balance sheet, they are among a growing cohort of public and private companies globally that view Bitcoin as a legitimate and valuable treasury asset. We can anticipate H100 Group to continue monitoring market conditions and potentially make further acquisitions as part of their ongoing strategy, especially given their stated funding for this purpose. Beyond H100 Group, this trend signifies a maturation of the cryptocurrency market. As more companies from diverse sectors, not just tech or finance, embrace Bitcoin, it lends further credibility and stability to the asset. This institutional adoption could lead to: Increased Liquidity: More corporate holders mean deeper markets and potentially reduced volatility over time. Broader Acceptance: As more businesses hold Bitcoin, it becomes more normalized, potentially leading to its wider acceptance for payments and other financial activities. Regulatory Progress: Increased corporate interest often spurs regulators to provide clearer guidelines, fostering a more stable environment for digital assets. The coming years will likely see even more companies evaluate and integrate Bitcoin into their financial strategies, driven by the desire for inflation protection, asset diversification, and a stake in the future of finance. H100 Group is certainly leading the charge in the health-tech sector. In conclusion, H100 Group’s latest, substantial Bitcoin acquisition is more than just a headline; it’s a powerful testament to the growing institutional confidence in digital assets. This Swedish health-tech firm is not only innovating in its core business but also demonstrating foresight in its financial management, positioning itself robustly for the future. Their journey reflects a broader, transformative shift in corporate treasury strategies worldwide, where Bitcoin is increasingly recognized not just as a speculative asset, but as a fundamental component of a resilient and forward-looking balance sheet. As companies continue to navigate economic uncertainties, the strategic accumulation of Bitcoin is becoming a compelling option, solidifying its place in the global financial landscape. H100 Group’s actions serve as a powerful example of this evolving paradigm. Frequently Asked Questions (FAQs) What is H100 Group? H100 Group is a Swedish health-tech firm. While their primary focus is on healthcare innovation and technology, they have also gained attention for their strategic financial decisions, particularly their significant investments in Bitcoin. How much Bitcoin does H100 Group now hold? Following their latest purchase of an additional 117.93 BTC, H100 Group’s total Bitcoin holdings have increased to 628.22 BTC. Why is a health-tech company like H100 Group buying Bitcoin? H100 Group’s decision to acquire Bitcoin is part of a strategic financial move to diversify its treasury assets. They likely view Bitcoin as a long-term store of value, a hedge against inflation, and a way to capitalize on the growing digital economy, aligning with their innovative corporate philosophy. What are the main risks for companies holding Bitcoin? Companies holding Bitcoin face risks such as price volatility, an evolving regulatory landscape, the need for robust security measures to prevent theft, and complex accounting treatments for digital assets. Mitigating these risks requires careful planning and expert advice. Is corporate Bitcoin acquisition a growing trend? Yes, corporate Bitcoin acquisition is a growing trend. A number of public and private companies across various sectors are increasingly adding Bitcoin to their balance sheets, driven by factors like inflation concerns, diversification needs, and the increasing institutional acceptance of cryptocurrencies. What does H100 Group’s Bitcoin strategy mean for the company? H100 Group’s Bitcoin strategy positions the company as a forward-thinking entity that embraces modern financial instruments. It aims to protect and potentially grow the company’s capital, enhance its financial resilience, and align it with the future of digital finance, demonstrating a commitment to long-term value creation. If you found this insight into H100 Group’s strategic Bitcoin acquisition valuable, please share this article with your network on social media! Your support helps us bring more crucial crypto news and analysis to a wider audience. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Bitcoin Acquisition: H100 Group’s Bold Move to Boost Holdings to 628 BTC first appeared on BitcoinWorld and is written by Editorial Team
After the US Department of Justice sealed a court case docket involving crypto fraud tied to executives at MoonPay, US Attorney Jeanine Pinto now says it was a “clerical error,” claiming the District of Columbia court did not request full closure of the case from public view. The case accused a Nigerian scammer of impersonating Trump associate Steve Witkoff to defraud two individuals of $250,000 in Ethereum, and reportedly involved the CEO and CFO of MoonPay. Clerical error sealed docket, DOJ claims Pirro, a former Fox News personality and Trump ally currently awaiting Senate confirmation to the permanent US attorney role, told NOTUS the entire docket was sealed due to a court clerk’s mistake. According to her, the DOJ had only requested that an amended version of the complaint be made public after removing a company’s name to protect the victims’ identities. “ The court made a ministerial, clerical error that, as soon as we realized it, within hours, the whole docket was unsealed ,” Pirro said. “ They admitted we never asked for the docket to be sealed .” Prosecutors filed the amended complaint and a separate sealed motion last week. By Monday, however, the entire court file was inaccessible to the public. The matter was discovered after investigative outlet NOTUS linked the redacted second names of “Ivan” and “Mouna” in the complaint to MoonPay’s leadership. DOJ redacted the names of the victims The original and amended complaints referenced two victims only by their first names, while their full identities were not disclosed in the public version. The names and linked wallet address match those of MoonPay’s CEO Ivan Soto-Wright and US CFO Mouna Ammari Siala. The wallet address allegedly used to send the funds to the scammer had previously been tied to Soto-Wright in a separate 2023 court filing. Federal prosecutors had attempted to redact the original document to protect the names of victims. However, both versions of the complaint reportedly included an unredacted link to a blockchain transaction that allowed the public to trace the wallet address, revealing a connection to Soto-Wright. “ This is the type of case where victims, including individuals, employees of a company, as well as a victim company, have a right not to have their names included in a complaint ,” Pirro told NOTUS in defense of the redactions. According to the complaint, the alleged Nigerian scammer impersonated real estate developer Steve Witkoff, the co-chair of Trump’s 2017 inaugural committee. The fraudster used a typographical trick, replacing the lowercase “L” in “inaugural” with an uppercase “I” in the fake email address, steve_witkoff@t47lnaugural. MoonPay execs favoured over other victims in funds recovery MoonPay has had previous business dealings involving Trump-related cryptos . The company had been an exclusive partner in trading $TRUMP, a memecoin tied to the Trump family. Executives reportedly boasted about the profits made from the token’s success. 7 days ago, $TRUMP took the crypto world by storm 🫡 MoonPay was picked as the token's official onramp, through our partners at @moonshot 🚀 750,000 new people created a MoonPay account ⛓ we saw a 1,023% increase in first-time onchain transactions BIG WEEK! pic.twitter.com/4FiC1Xt4ti — MoonPay 🟣 (@moonpay) January 24, 2025 Naysayers argue the DOJ was only trying to recover funds for MoonPay’s executives due to their relationship with President Trump, and enforcement actions against other crypto companies have waned. “If you’re friendly with Trump and you’re a Trump crypto bro, you get the DOJ proactively trying to recover your assets,” Mark Hays, a crypto policy advocate with Americans for Financial Reform, told NOTUS. One former prosecutor who recently left the DC Attorney’s Office, speaking anonymously, said that while it’s common to file specific documents under seal like medical records or national security materials, it is rare for the entire docket to be closed without a specific motion. KEY Difference Wire helps crypto brands break through and dominate headlines fast
SOL, ADA, and XRP might offer steady 2x to 3x returns in the coming months, but for investors seeking exponential growth, Ozak AI is the real game-changer. Currently in its 4th presale stage at just $0.005 and having already raised over $1.4 million, Ozak AI is drawing massive attention for its fusion of AI and blockchain innovation. While established altcoins require billions in market cap increases to move significantly, Ozak AI's low entry price and early-stage momentum give it the edge to potentially deliver 100x returns within the next 90 days. It’s not just another altcoin—it’s a breakout waiting to happen. Ozak AI Outpaces SOL, ADA, and XRP Solana (SOL), Cardano (ADA), and XRP continue to hold strong in the crypto space; their growth potential in the short term seems limited to a 2x or 3x return at best. These projects have matured, and while they remain safe bets for steady gains, they may not deliver the kind of life-changing returns investors saw in their early days. As they face scalability concerns, regulatory pressure, and competition from newer projects, many crypto enthusiasts are now shifting their focus toward smaller, high-potential tokens that could explode in value over a much shorter period. Enter Ozak AI , the rising star in the AI-powered crypto space, currently in its 4th Ozak AI presale stage at just $0.005. With over $1.4 million raised, Ozak AI is drawing serious attention from investors looking for the next 100x opportunity. Backed by a utility-driven AI ecosystem and growing community buzz, the project stands out for its innovation, scalability, and affordability. Analysts predict it could surge 100x in the next 90 days as AI trends dominate the crypto narrative. For those who missed out on early gains from SOL, ADA, or XRP, Ozak AI might be the breakout altcoin of 2025. Enter Ozak AI: The Next 100x Opportunity? While mainstream tokens battle for incremental growth, Ozak AI is gaining attention as one of the few legitimate projects with 100x potential in 2025. The project is currently in the 4th stage of its presale, offering its native token at just $0.005. Having already raised over $1.4 million, Ozak AI is attracting investors who missed out on early SHIB or PEPE and are now eyeing the next breakout opportunity in the AI-meets-crypto space. Why Ozak AI's 100x Potential Outshines Big-Cap Tokens Let’s break it down. At $0.005, buying 100,000 OZ tokens costs just $500. If the token reaches $0.50, your holdings would be worth $50,000. That’s a 100x return—without even touching the $1 milestone that some analysts are projecting by late 2025. Compare that with ADA, SOL, or XRP, which would need tens of billions in new market cap to achieve similar percentage growth. That’s the difference between investing in a proven, mature ecosystem and entering early into a project with groundbreaking upside potential. In every crypto cycle, a few small-cap gems go parabolic while the majority of capital remains tied up in safer, slower-moving assets. Ozak AI is now being watched as one of the top AI cryptos for 2025—and with its presale price still at entry-level, the window of opportunity is narrow. SOL, ADA, and XRP may still offer moderate growth, but if you're hunting for the next 100x, Ozak AI might just be the smartest bet of the year. About Ozak AI Ozak AI is a blockchain-based crypto task that provides an innovative platform that focuses on predictive AI and advanced data analytics for financial markets. Through machine learning algorithms and decentralized community technologies, Ozak AI enables real-time, accurate, and actionable insights to help crypto lovers and corporations make the perfect choices. For more, visit Website: https://ozak.ai/ Telegram: https://t.me/OzakAGI Twitter: https://x.com/ozakagi Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld Cango Inc. Announces Completion of Secondary Acquisition and Appointment of New Leadership Team HONG KONG , July 23, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the “Board”) and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments. On July 23, 2025 , the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee , Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin , Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately. Mr. Peng Yu , CEO and Director, commented, “This leadership team gives Cango the right mix of skills to execute our next phase of growth. Having successfully transformed into a Bitcoin miner, we have already made remarkable progress in the past 7 months by becoming one of the largest Bitcoin miners in the world. With a strong balance sheet and clear long-term vision, our collective experience will help us scale beyond the 50 EH/s already deployed, not only safeguarding but strategically growing our treasury of more than 4,000 Bitcoins to maximize shareholder value. We will begin developing sustainable, high-performance computing opportunities while strategically expanding upstream into dedicated power resources especially green energy that will create lasting value for shareholders and drive further growth.” Mr. Xiaojun Zhang and Mr. Jiayuan Lin resigned as co-founders coinciding with a secondary sale of 10 million Class B shares to Enduring Wealth Capital Limited for US$70 million . They converted their remaining Class B shares into Class A shares, now holding 18.54% of total outstanding shares and 12.07% of voting power. Enduring Wealth Capital Limited now holds about 2.82% of outstanding shares and 36.73% of voting power.. Full article: https://ir-image.cangoonline.com/ir-documents/2025-07-23_Cango%20Inc.%20Announces%20Completion%20of%20Secondary%20Acquisition%20and%20Appointment%20of%20New%20Leadership%20Team.pdf Investor Relations Contact Juliet YE, Head of Communications Cango Inc. Email: ir@cangoonline.com This post Cango Inc. Announces Completion of Secondary Acquisition and Appointment of New Leadership Team first appeared on BitcoinWorld and is written by chainwire
BitcoinWorld Shocking Truth: US Interest Rates and Trump’s Trillion-Dollar Claim Debunked In the high-stakes world of national finance, where every claim can send ripples across markets and affect the everyday lives of citizens, a recent assertion by former U.S. President Donald Trump ignited a swift rebuttal. Trump suggested that cutting short-term US interest rates could dramatically slash the nation’s interest expenses by an astounding $1 trillion a year. This bold claim, however, was quickly challenged by Nick Timiraos, often considered the unofficial spokesman for the U.S. Federal Reserve (Fed), who pointed out a fundamental economic reality that makes such a reduction highly implausible. For those in the cryptocurrency space, understanding these macro-economic debates is crucial, as the stability and direction of traditional financial markets often dictate sentiment and liquidity in digital assets. Understanding the Current Landscape of US Interest Rates To truly grasp the gravity of the debate, it’s essential to understand the sheer scale of the U.S. national debt and its associated interest payments. The United States government, like any large entity, borrows money to fund its operations, leading to a colossal national debt. Servicing this debt incurs significant interest expenses, which are a substantial part of the federal budget. Current Expenditure: As Timiraos highlighted, the U.S. has already spent approximately $1.1 trillion on interest in 2024 alone. This figure represents the cost of borrowing across the entire spectrum of government debt, which includes short-term Treasury bills, medium-term notes, and long-term bonds. Weighted Average Rate: The total interest expense isn’t solely determined by current short-term rates. It’s a weighted average of interest rates on all outstanding government debt, much of which was issued years ago at varying rates and has different maturity periods. Short-Term vs. Long-Term: While the Federal Reserve directly influences short-term rates, these changes don’t immediately or proportionally affect the interest paid on the entire national debt, especially the long-term bonds. A significant portion of the debt is locked in at fixed rates for extended periods. Therefore, claiming a $1 trillion annual reduction in total interest expenses solely from cutting short-term US interest rates overlooks the intricate structure of the national debt and the long-term commitments already in place. Dissecting the Implausibility of Trump’s Trillion-Dollar US Interest Rates Claim Nick Timiraos, a well-respected economic journalist for the Wall Street Journal, is widely followed for his insights into Federal Reserve policy. His commentary often provides a reliable pulse on the Fed’s thinking, earning him the moniker ‘unofficial spokesman.’ When he took to X (formerly Twitter) to challenge Trump’s assertion, it wasn’t merely a political counter-punch; it was an economist correcting a widely misleading statement. “The country already spent $1.1 trillion on interest in 2024, making such a reduction highly implausible,” Timiraos noted. This statement cuts to the core of the issue. If the U.S. is already paying $1.1 trillion in interest, how could a reduction of $1 trillion be achieved simply by cutting short-term rates? It implies an almost complete elimination of interest expenses, which is economically unfeasible without defaulting on debt or having an unrealistic scenario where all debt is immediately repriced to near-zero rates. Even if the Fed were to slash its benchmark rate to zero, the impact on the overall $34 trillion national debt’s interest burden would be far less dramatic, as only a fraction of that debt matures and is reissued at new rates each year. The argument highlights a crucial distinction: the Federal Reserve controls the federal funds rate, a short-term benchmark. This rate influences other short-term borrowing costs, but its direct impact on the weighted average interest rate of the entire national debt, especially long-term bonds, is gradual and limited. Bonds issued years ago at higher rates will continue to pay those rates until they mature. A sudden, massive reduction would require an unprecedented and unlikely re-pricing of all existing debt. The Federal Reserve’s Unwavering Role in Setting US Interest Rates The Federal Reserve operates with a significant degree of independence from political influence, a design choice intended to allow it to make decisions based on economic data rather than short-term political expediency. Its dual mandate is to foster maximum employment and maintain price stability. How does the Fed influence US interest rates ? Federal Funds Rate: The primary tool is setting the target range for the federal funds rate, the overnight rate at which banks lend to each other. Ripple Effect: Changes in this benchmark rate ripple through the economy, influencing everything from prime rates for consumer loans and mortgages to the interest rates on corporate bonds. Independence is Key: The Fed’s independence is vital for market confidence. If the central bank were perceived as bowing to political pressure, it could undermine its credibility, lead to unpredictable economic outcomes, and potentially trigger inflation or capital flight. While presidents and politicians often express their desires regarding interest rates, the Fed’s decisions are ultimately guided by its assessment of economic conditions and its mandate, not by presidential directives. This institutional independence is a cornerstone of global financial stability. Beyond Short-Term Cuts: True Paths to Managing US Interest Rates and Debt While manipulating short-term US interest rates might seem like a quick fix, the reality of managing the national debt is far more complex. Sustainable reduction in interest expenses involves a multi-faceted approach that goes beyond just monetary policy: Fiscal Responsibility: The most direct way to control debt and, consequently, interest payments, is through prudent fiscal policy. This involves a combination of government spending reductions and/or revenue increases (taxes). Without addressing the underlying deficit, interest payments will continue to grow as more debt is accumulated. Economic Growth: A robust economy generates more tax revenue, which can help reduce the deficit and slow the growth of national debt. Strong growth also makes the existing debt more manageable relative to the size of the economy. Debt Management Strategies: The Treasury Department constantly manages the maturity profile of the national debt. Issuing more long-term debt when rates are low can lock in lower interest costs for longer periods, reducing exposure to future rate hikes. Conversely, relying too heavily on short-term debt can make the nation vulnerable to sudden spikes in interest rates. Global Investor Confidence: The willingness of global investors to buy U.S. Treasury bonds is paramount. This confidence is built on the perception of the U.S. as a stable and reliable borrower. Any hint of political interference with the Fed or unsustainable fiscal policies could erode this confidence, potentially driving up the rates investors demand. These are the genuine levers available for managing the nation’s interest burden, none of which involve a magical, instant $1 trillion saving from simple rate cuts. How Fluctuations in US Interest Rates Impact Your Financial Future While debates about trillion-dollar figures and Fed policy might seem distant, the reality is that US interest rates profoundly affect every American’s financial well-being, including those invested in cryptocurrencies. Here’s how: Borrowing Costs: Higher interest rates mean more expensive mortgages, car loans, credit card debt, and business loans. This can slow down consumer spending and business investment. Conversely, lower rates make borrowing cheaper, stimulating economic activity. Savings and Investments: When interest rates rise, savings accounts, CDs, and money market accounts typically offer higher returns, benefiting savers. However, higher rates can also make traditional investments more attractive relative to riskier assets like stocks or cryptocurrencies, potentially drawing capital away from the crypto market. Inflation: The Fed uses interest rates to combat inflation. Raising rates makes borrowing more expensive, cooling down the economy and reducing demand, which can help bring down prices. This directly impacts the purchasing power of your money. Cryptocurrency Market Dynamics: The crypto market, while decentralized, is not immune to macro-economic forces. When traditional financial markets face uncertainty due to interest rate hikes or economic instability, investors often de-risk, pulling funds from more volatile assets like cryptocurrencies. Conversely, periods of lower interest rates and ample liquidity can fuel speculative investments, benefiting crypto. Understanding these connections allows individuals to make more informed financial decisions, whether they are planning a major purchase or navigating their investment portfolios. Actionable Insights for the Informed Citizen In an era of information overload and often misleading claims, developing a critical eye is more important than ever. Here are some actionable insights: Verify Claims: Always question sweeping economic claims, especially those that promise unrealistically large savings or benefits. Seek out information from reputable, independent sources and economic experts. Understand the Nuances: Economic policy is complex. Simple solutions to complex problems are rarely effective. Take the time to understand the underlying mechanisms, like the difference between short-term rates and total debt interest. Appreciate Institutional Independence: The Federal Reserve’s independence is a critical safeguard against political manipulation of the economy. Supporting this independence helps ensure sound economic policy. Stay Informed: Follow reliable financial news outlets and economists who provide data-driven analysis rather than purely political commentary. Your financial future, and the stability of the broader economy, hinges on a clear understanding of these fundamental principles. Conclusion The swift refutation of Donald Trump’s $1 trillion interest savings claim by Nick Timiraos serves as a crucial reminder of the complexities of national finance and the importance of accurate economic understanding. While the allure of massive savings is tempting, the reality of US interest rates and the national debt is far more nuanced. The U.S. already faces a significant annual interest bill, and reducing it requires comprehensive fiscal strategies, not just simple rate cuts. The Federal Reserve’s independent role in managing monetary policy is vital for economic stability, ensuring decisions are based on data rather than political expediency. For all citizens, including those in the dynamic world of cryptocurrency, grasping these macro-economic truths is essential for navigating the financial landscape with clarity and confidence. Frequently Asked Questions (FAQs) Q1: Who is Nick Timiraos and why is he called the ‘unofficial spokesman’ for the Fed? A1: Nick Timiraos is a prominent economic journalist for The Wall Street Journal. He is widely considered the ‘unofficial spokesman’ for the Federal Reserve because his reporting often provides highly accurate insights into the Fed’s thinking, policies, and upcoming decisions, based on his deep connections within the institution. Q2: What was Donald Trump’s exact claim about interest rate cuts? A2: Donald Trump asserted that cutting short-term rates would reduce U.S. interest expenses by $1 trillion a year, implying a massive and immediate saving for the federal budget. Q3: Why is a $1 trillion annual reduction in US interest expenses implausible? A3: A $1 trillion reduction is implausible because the U.S. already spends approximately $1.1 trillion on interest annually. Such a reduction would imply an almost complete elimination of interest costs, which is impossible given the vast national debt. Moreover, only a portion of the debt is sensitive to short-term rate changes, as much of it is locked into long-term bonds at fixed rates. Q4: How do Federal Reserve interest rate decisions affect the average American? A4: Federal Reserve interest rate decisions directly impact borrowing costs for mortgages, car loans, and credit cards. They also influence returns on savings accounts and the overall health of the economy, affecting job creation, inflation, and investment opportunities, including those in the cryptocurrency market. Q5: What is the difference between short-term and long-term interest rates regarding national debt? A5: Short-term interest rates, like the federal funds rate, primarily affect newly issued short-term government debt (e.g., Treasury bills) and variable-rate loans. Long-term interest rates apply to bonds issued for many years (e.g., 10-year or 30-year Treasury bonds). The U.S. national debt is a mix of both, so changes in short-term rates only gradually affect the overall interest burden as older, fixed-rate long-term debt matures and is reissued. Q6: Does political pressure influence the Federal Reserve’s decisions? A6: The Federal Reserve is designed to operate with independence from political pressure to ensure its decisions are based on economic data and its dual mandate of price stability and maximum employment. While politicians often voice their opinions, the Fed strives to maintain its autonomy to preserve its credibility and effectively manage the economy. If you found this analysis insightful, consider sharing it with your network! Help spread accurate economic understanding and encourage informed discussions on critical financial topics. To learn more about the latest explore our article on key developments shaping the crypto market institutional adoption. This post Shocking Truth: US Interest Rates and Trump’s Trillion-Dollar Claim Debunked first appeared on BitcoinWorld and is written by Editorial Team
The very first US spot Ethereum exchange-traded funds ( ETFs ) launched on this day one year ago and have come a long way. With over $8 billion in total net inflow, rising investor momentum, and potential staking on the way, the future seems bright for this vehicle, analysts argue. ETFs are considered a highly useful vehicle for both adoption and investment as they open doors to a diverse range of investors who otherwise may not consider entering the space. After finally receiving a final approval from the US Securities and Exchange Commission (SEC), the nine spot Ethereum ETFs began trading on 23 July 2024. On that day, they netted a combined trading volume of more than $1 billion. $ETH ETF inflow + $533,800,000 yesterday. Smart money is accumulating the Ethereum dip. pic.twitter.com/vxsgHYjevA — Ted (@TedPillows) July 23, 2025 On 23 July 2025, closing with the trading on 22 July, the total net inflow into these funds has reached $8.32 billion. This is substantially lower than their Bitcoin counterparts’ total of $54.55 billion. However, spot Ethereum ETFs have been gaining momentum recently. This is also evident in the number of consecutive days of positive flows, as well as the daily inflows hitting all-time highs. Source: SoSoValue Ethereum ETFs: Reaching the Third-Highest Daily High On Tuesday, the funds recorded inflows of $533.87 million – the third highest ever. The current ATH is $726.74 million, seen on 16 July, followed by $602.02 million the very next day. Additionally, Tuesday marked the thirteenth consecutive day of positive flows for the funds combined. The streak follows a day of minor outflows: $1.82 million on 2 July. Moreover, as the chart above shows, the value of total net assets continued to rise in July. It hit an all-time high on Tuesday at $19.85 billion. Source: SoSoValue Meanwhile, not every one of the nine trades the same, or sees any flows at all, depending on the day. BlackRock commonly leads the list with the highest flows, be they positive or negative. On Tuesday, three funds saw positive flows, while the others recorded no flows at all. BlackRock took in $426.22 million. It’s followed by Grayscale’s $72.64 million and Fidelity’s $35.01 million. In comparison, on 16 July, when the ETFs hit their ATH, BlackRock recorded $499.25 million. Fidelity took in $113.31 million. Six other funds saw inflows. Katherine Wu, the COO of ENS Labs , the organization behind the open-source blockchain naming protocol, Ethereum Name Service (ENS) , commented that “these are massive numbers that speak volumes: institutions aren’t just paying attention, they’re allocating.” You may also like: Ethereum ETFs Smoke Bitcoin ETFs with Massive $240M Inflows – $3K Breakout Next? The very first US spot Ethereum exchange-traded funds (ETFs) launched on this day one year ago and have come a long way. With over $8 billion in total net inflow, rising investor momentum, and potential staking on the way, the future seems bright for this vehicle, analysts argue.ETFs are considered a highly useful vehicle for both adoption and investment as they open doors to a diverse range of investors who otherwise may not consider entering the space.After finally receiving a final... What’s Next: Price Sean Dawson, Head of Research at onchain options platform Derive.xyz , recently commented on Ethereum’s price surge, after it had surpassed $3,500. “BTC is participating,” Dawson said, “but this rally belongs to ETH.” There is actually a structural shift in positioning underway, highlighted by the technical setup, option flows, and liquidations. What’s more, ETF momentum, rising institutional inflows, bullish macro tailwinds, falling rates, and “an overwhelming shift in sentiment” may turn the second half of 2025 Ethereum’s strongest in years. “This isn’t just a spike, it’s a regime change. We’re seeing explosive upside bets and a wave of short liquidations. The market may finally be waking up to ETH’s asymmetric upside,” Dawson concluded. At the time of writing, Ethereum trades at $3,677. It’s down 0.7% in a day, 16.7% in a week, 63.2% in a month, and 4.6% in a year. It recorded its ATH of $4,878 in November 2021, decreasing 24.6% since. That said, many analysts and researchers argue that we may see its price finally reclaim the $4,000 level relatively soon. Meanwhile, Wu stated that the approval of the Ethereum ETF was a watershed moment for the crypto industry. This move has legitimized ETH for both mainstream investors and institutions. “For years, crypto has pushed to build infrastructure that traditional finance would take seriously,” Wu writes in an email. “With the Bitcoin ETFs, institutions got access to a scarce, sovereign store of value. With the Ethereum ETFs, they’re getting something different: a productive, programmable asset that underpins stablecoins, tokenization, real-world assets, and more. The ETH ETF didn’t just validate an asset class — it validated an ecosystem.” You may also like: Ethereum ($ETH) Blasts Past $3K on 19% Weekly Surge – Will ETFs Fuel the Next Leg? Ethereum ($ETH) rebounded, breaking through the $3,000 psychological level as it climbed about 2.13% in the past 24 hours to currently trade at $3,028. This marks a 19% increase over the past week, as the trading volume of $ETH remains well above $30 billion, reflecting a wave of optimism across the crypto market.Market sentiment is firmly in greed territory, reflecting bullish investor psychology.Soaring Institutional Demand and Record Network Growth on the Ethereum... What’s Next: Staking ETFs A more crypto-friendly situation in the US has led to companies seeking a wider range of ETFs, beyond BTC and ETH. They’re looking at altcoins, memecoins, and NFTs. These may take time, though. Moreover, the US SEC is wary of allowing the spot Ether ETFs to stake the ETH they hold. Katherine Wu of ENS Labs argues that we’re now entering a new phase of ETFs. “ BlackRock’s recent filing to enable staking within its ETH ETF marks a shift in how Ethereum is viewed,” she says. It’s no longer about only holding ETH, but also utilizing those funds to earn yield. “In-kind creations, staking exposure, and deeper ETF liquidity could reshape how traditional finance interacts with Ethereum. While this proposal is still pending, it underscores the growing institutional appetite for ETH and the expanding vision for what these products can offer.” Additionally, Alon Muroch, co-founder of SSV Labs and Core Contributor to the SSV Network , also commented on this. The SEC said that staking is not a securities activity under specified circumstances. So “the next step is to push for the approval of staking ETFs before the end of 2025.” The SEC is likely to improve the activity if institutions and industry work together to show that Ethereum staking is operational infrastructure and not a securities offering, Muroch says. “Their approval will present a much more lucrative way to drive adoption, and continue the drawing together of TradFi and DeFi in increasingly productive partnerships. Ethereum is shaping up to become the foundation of the new digital economy.” #Staking could come to Ethereum ETFs. Hong Kong regulators may approve the widely anticipated staking features for spot Ether ETFs this year, ahead of the US, according to a Blockdaemon executive. Discover how this could drive greater adoption https://t.co/Y9icfuq6u9 — Sygnum Bank (@sygnumofficial) September 20, 2024 Moreover, Leo Fan, co-founder of Cysic , added that the spot ETF has validated ETH as a yield-generating asset. ETFs incorporating staking and native yield will present “tangible real-world value, which is exactly what investors are looking for.” Therefore, approving staking yield for ETH ETFs could attract more buyers. “It is the natural next evolution for Ethereum ETFs in making it a more competitive ETF product,” Fan says. Finally, Dan Hughes, the Founder of L1 Radix DLT , reminds that “substantial institutional capital has poured into” structured TradFi products, “vastly outweighing any retail exposure.” Therefore, “as approval looms for staking-enabled ETFs and the packaging of other assets, we need to examine who exactly will benefit from any regulatory green lights. It’s inevitable that further collaborations between TradFi and DeFi will gain regulatory approval; the more interesting question is whether the resulting framework will empower genuine innovation or simply transfer traditional power structures into digital assets.” Hughes continues: “If regulatory approval overwhelmingly favours well-connected institutional players, then we risk recreating TradFi’s gatekeeping mechanisms within crypto, which is exactly what decentralised finance was meant to circumvent.” You may also like: US SEC Delays Ether ETF Options on the CBOE On Friday, the U.S. Securities and Exchange Commission (SEC) postponed a decision on approving options trading for Ether exchange-traded funds (ETFs), extending its review period beyond the initial deadline.The proposal, submitted by asset managers including BlackRock and Fidelity, seeks to introduce options trading for Ethereum ETFs. Multiple exchanges are affected by the postponement, including the Cboe Exchange, which proposed listing options for Ethereum ETFs such as the... The post One Year of US Spot Ethereum ETFs – How Far Have They Come and What’s Next? appeared first on Cryptonews .
HONG KONG, July 23, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) today announced its transformation into a global Bitcoin miner with the appointment of a new Board of Directors (the "Board") and senior management team with deep expertise in digital-asset infrastructure, finance, and energy investments. On July 23, 2025, the Board appointed (i) Mr. Xin Jin as Chairman of the Board and Non-Executive Director, (ii) Mr. Peng Yu as CEO and Director, (iii) Mr. Chang-Wei Chiu as Director, (iv) Mr. Yongyi Zhang as CFO and (v) Mr. Simon Ming Yeung Tang as CIO To strengthen governance, the Board also appointed (i) Mr. Chi Ming Lee, Independent Director, as a member of the Compensation Committee and Nominating and Corporate Governance Committee, (ii) Mr. Yanjun Lin, Independent Director, as Chairman of the Compensation Committee and member of the Nominating and Corporate Governance Committee, and (iii) Mr. Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation Committee. The Board also accepted the resignations of Mr. Xiaojun Zhang as Director and Chairman, and Mr. Jiayuan Lin as CEO, Interim CFO, and Director. All changes are effective immediately. Mr. Peng Yu, CEO and Director, commented, "This leadership team gives Cango the right mix of skills to execute our next phase of growth. Having successfully transformed into a Bitcoin miner, we have already made remarkable progress in the past 7 months by becoming one of the largest Bitcoin miners in the world. With a strong balance sheet and clear long-term vision, our collective experience will help us scale beyond the 50 EH/s already deployed, not only safeguarding but strategically growing our treasury of more than 4,000 Bitcoins to maximize shareholder value. We will begin developing sustainable, high-performance computing opportunities while strategically expanding upstream into dedicated power resources especially green energy that will create lasting value for shareholders and drive further growth." Mr. Xiaojun Zhang and Mr. Jiayuan Lin resigned as co-founders coinciding with a secondary sale of 10 million Class B shares to Enduring Wealth Capital Limited for US$70 million. They converted their remaining Class B shares into Class A shares, now holding 18.54% of total outstanding shares and 12.07% of voting power. Enduring Wealth Capital Limited now holds about 2.82% of outstanding shares and 36.73% of voting power.. Full article: https://ir-image.cangoonline.com/ir-documents/2025-07-23_Cango%20Inc.%20Announces%20Completion%20of%20Secondary%20Acquisition%20and%20Appointment%20of%20New%20Leadership%20Team.pdf Investor Relations Contact Juliet YE, Head of CommunicationsCango Inc.Email: ir@cangoonline.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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July 23rd, 2025 – Tortola, British Indian Ocean Territory Decentralized gaming protocol Jackson.io has introduced its NFT project, Sharkz, to Tokyo’s Harajuku district with the launch of its first offline streetwear initiative, “Sharkz-Up Tokyo.” This marks the Sharkz community’s first crossover into the fashion scene, using street culture as a new vessel to expand the global reach of the Sharkz brand. The event was co-created with Tokyo-based renowned street culture and creative art brand, tHE GALLERY HARAJUKU, reinterpreting the visual identity of Sharkz NFTs through the lens of Japanese street design to create an exclusive Harajuku limited-edition apparel collection. Whether you’re a Sharkz NFT holder or a fashion enthusiast, the event invites all to experience the creative spirit of Sharkz in person. On the day of the event, NFT holders who presented proof of ownership enjoyed 50% off all merchandise. Sharkz: From On-Chain Origins to Cultural Frontlines Since its inception, Sharkz NFT has strived to become one of the most vibrant and creatively driven projects in the Web3 ecosystem. Over the past three months, it has hosted multiple large-scale offline events across Southeast Asia, including the most attended NFT afterparty in the Sui ecosystem, held in collaboration with OKX Wallet, which featured real-time interactive airdrops and drew widespread participation. The community has since grown to over 10,000 users. The “Sharkz-Up Tokyo” event marks a new milestone for the brand, symbolizing Sharkz’s expansion into new territory: from on-chain culture to offline fashion. Jackson.io aims to use this physical activation to open a new chapter in the integration of NFTs and street culture. Sharkz-Up Tokyo @ tHE GALLERY HARAJUKU – Event Info Location: 1F-C Bellwood Harajuku, 3-20-21 Jingumae, Shibuya-ku, Tokyo 150-0001 ? Entry: Free admission. Sharkz NFT holders receive 50% OFF with proof of ownership. Jackson Sharkz NFT Jackson Sharkz is a collection of 9,999 shark-themed NFTs minted on the high-performance Sui blockchain, launched through a free community distribution campaign. The launch attracted over 10,000 participants within three days, demonstrating strong community appeal. Jackson Sharkz utilizes a zero-royalty trading model, allowing users to retain full ownership of their digital assets. Token holders are granted early access to selected platform features, receive exclusive airdrop distributions, have the opportunity to purchase limited-edition merchandise, and can participate in designated online and offline events. About Jackson.io Jackson.io is a decentralized gaming protocol built on the SUI blockchain, dedicated to developing a player-driven Web3 gaming ecosystem. Through its points system, NFT integration, and fully on-chain mechanics, Jackson.io delivers highly engaging and innovative blockchain gaming experiences. Contact Marketing Manager Jayden Smith Jackson.io media@jackson.io This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Jackson.io’s Sharkz NFT Lands in Harajuku, Tokyo with Debut Fashion Collaboration “Sharkz-Up Tokyo” appeared first on The Daily Hodl .
Main XRP rival on verge of 135% price increase if November 2024 repeats itself