Hyperliquid’s Record Run Puts DEXs in the Driver’s Seat

Hyperliquid is making the case. This month, the DEX’s market share vs CEXs hit an all-time high, cementing it as the strongest challenger to centralized rivals. In the last 24 hours, Hyperliquid pushed $29B in trading volume and collected $7.7M in fees. $HYPE traded as high as $49.08, just shy of its $49.86 ATH, according to CoinMarketCap. The move signals rising demand for on-chain derivatives trading, and growing trader confidence in DEX infrastructure. Hyperliquid From Arbitrum to Its Own Chain Launched in 2023, @HyperliquidX began as an @arbitrum-based perpetuals DEX. The mission: match the UX of a CEX without sacrificing DeFi principles. Big $HYPE purchases spotted on #Hyperliquid ! 8 hours ago, fresh whale “0xa52” dropped $21.31M $USDC to scoop 466,421 $HYPE at $45.69 on average — now up $1.23M (+5.79%). The whale also aped into 2.16M #FARTCOIN for $2.21M at $1.02 each. Follow @spotonchain and track this whale… pic.twitter.com/dvkcsS7Fto — Spot On Chain (@spotonchain) August 15, 2025 A fully on-chain orderbook. L2 performance. Low slippage. Leverage trading. Partnerships. It all worked, users came. Eventually, the team went further, migrating to HyperEVM, a standalone L1 built for scale and performance. The move birthed ecosystem projects like @hyperlendx and @Hypurrfun, adding depth to the network. The $HYPE Airdrop That Mattered Late 2024 brought a record-breaking $HYPE airdrop: 31% of total supply to over 90k users. No VC allocations before launch, a rarity in today’s market. The distribution cemented a loyal base. It drove both on-chain activity and market awareness. Hyperliquid’s growth is measurable. Last month, the protocol hit new ATHs in both monthly perp volume ($320B) and revenue ($86.6M). It pulled in 35% of all blockchain revenue that month, the largest single-chain share ever. Market share vs CEXs? 6.1% aggregate, an all-time high. Share vs Bybit and OKX also broke records. Hyperliquid HYPE Buyback Flywheel Since January, the Hyperliquid Assistance Fund has directed 97% of trading fees toward buying back $HYPE. So far, the fund has accumulated 28.5M $HYPE (~$1.3B). At $5M daily revenue and a $35–$55 price range, projections suggest a complete buyback in 1.5–3.4 years. Structural buy pressure is baked in. Three major HIPs (Hyperliquid Improvement Proposals) have set the roadmap: HIP-1: A governance-driven token listing standard for spot. Projects bid $HYPE to list. This limits spam and ensures higher-quality tokens. HIP-2: Introduced April 2024. Adds the Hyperliquidity engine, AMM-like passive liquidity at the protocol level, to fix the bootstrapping challenge HIP-1 created. HIP-3: Not yet implemented, but designed to bridge into TradFi markets, unlocking a massive new user base. Are DEXs finally taking over? With Hyperliquid market share vs CEXs reaching an ATH this month, it has cemented itself as the strongest competitor to its centralised counterparts. What were the key factors in its success, and what are its plans going forward? pic.twitter.com/0kZJQo0WTN — DWF Ventures (@DWFVentures) August 15, 2025 $ HYPE Whale Watching Big moves catch attention. Eight hours ago, fresh whale “0xa52” dropped $21.31M USDC for 466,421 $HYPE at an average $45.69, now up $1.23M (+5.79%). The same address also bought 2.16M FARTCOIN for $2.21M at $1.02 each. Both trades are visible on-chain, no dark pools, no hidden orders. Hyperliquid’s climb isn’t luck. It’s the result of: A product that matches CEX experience but stays trustless Wide token distribution through its airdrop Strong community without VC baggage A fee model that drives relentless buybacks Governance that improves quality and liquidity The numbers reinforce the thesis: traders want speed, transparency, and incentives that flow back to users. The Road Ahead If HIP-3 executes, Hyperliquid could tap into TradFi order flow, multiplying volumes and fees. That would tighten the buyback loop and could push $HYPE scarcity further. The risks are clear: infrastructure scaling, regulatory pressures, and competition from deep-pocketed CEXs. But the momentum is hard to ignore. Hyperliquid isn’t just keeping pace. It’s taking share. And in doing so, it’s pushing DEXs into the mainstream trading conversation. If trends hold, the “ CEX vs DEX” question may not be a question much longer. Traders are already voting, and they’re voting on-chain. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

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Axie Infinity creator Ronin network coming back to Ethereum as L2

The Ronin team said that a more performant blockchain and Ethereum’s Wall Street appeal drove the decision to return to the ecosystem.

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Searching For The Next 100x? Experts Bet On Ruvi AI (RUVI) Over Avalanche (AVAX), Passed Audit and CMC Listing Makes It a No Brainer

Looking for asymmetric upside with real utility? Ruvi AI (RUVI) is racing up watchlists, and analysts say it’s edging out Avalanche for near-term gains. A CoinMarketCap (CMC) listing has pushed RUVI into top-trending sections, and the presale is moving fast: Phase 2 is already 90% complete at $0.015. When it closes, the price jumps 33% to $0.020 as Phase 3 begins, with a final presale price set at $0.070. Add $3M raised, 230M tokens sold, and more than 2,900 holders, and you’ve got a data-backed case for momentum, not just hype. Why RUVI is getting prioritized capital CMC visibility accelerated discovery and watchlists at the right time. Tight entry window: Phase 2 at 90% indicates shrinking supply at $0.015. Transparent price ladder: $0.015 → $0.020 (+33%) → $0.070 at presale close. CyberScope audit completed, third-party validation that builds trust. WEEX partnership improves visibility and simplifies trading routes post-presale. Live leaderboard giveaway adds extra incentive for larger contributions. This combo, visibility, credibility, and access, compresses decision time and turns attention into steady inflows. The product edge: a creator-first AI super app RUVI’s strength goes beyond narrative. The Ruvi AI super app unifies the entire content pipeline in one workspace so creators and teams can publish more, with fewer tools and lower costs. Research trends to find topics with real demand across platforms. Generate platform-ready scripts tuned to brand voice and channel. Create images and videos natively, no app-hopping or extra subscriptions. Streamline planning, iteration, scheduling, and publishing. Who benefits? YouTubers, TikTokers, agencies, brands, and lean teams that want speed and consistency without ballooning budgets. By anchoring token relevance to daily creative workflows, RUVI aligns value with actual usage, key for durable demand after listings. CMC listing: from visibility to buy pressure CMC isn’t just a directory; it’s where curiosity becomes allocation. RUVI’s trending placement aligned with Phase 2 sprinting to 90%, giving buyers a clear roadmap, and a reason to act before each programmed price step. That clarity reduces hesitation and fuels a self-reinforcing loop of demand. Trust and access that matter to bigger buyers CyberScope audit: Independent assessment of contracts and security provides a credibility moat. WEEX partnership: Major exchange alignment that improves discovery and simplifies trading for token holders. Signals like these help both retail and institutions move from interest to action. Milestones that validate momentum $3M raised across the presale 230M tokens sold Holder base surpassing 2,900 Phase 2 at 90% completion; 33% price step to $0.020 in Phase 3 Final presale price locked at $0.070 Active leaderboard giveaway rewarding top contributors These are the checkpoints that momentum investors want to see before liquidity events. VIP tiers: modeled upside at a $1 valuation If you’re considering a larger allocation, RUVI’s VIP structure shows how bonuses can amplify modeled outcomes if adoption scales: VIP 2 ($750 investment): Receive 70,000 tokens with a 40% bonus (20,000 additional tokens). At $1 valuation, this equals $70,000, resulting in a 9,233% ROI. VIP 3 ($1,500 investment): Secure 160,000 tokens with a 60% bonus (60,000 additional tokens). At $1, this equals $160,000, delivering a 10,566% ROI. VIP 5 ($7,500 investment): Unlock 1,000,000 tokens, boosted by a 100% bonus (500,000 additional tokens). At $1, this equals $1,000,000, achieving a 13,233% ROI. These are modeled scenarios, not guarantees, but they explain why buyers are front-running the Phase 3 step. Bottom line If you’re searching for the next 100x candidate with real utility, RUVI checks key boxes: a CMC-fueled discovery surge, a completed CyberScope audit, a WEEX partnership for access, and a super app that creators can use daily. With Phase 2 90% complete and a programmed jump to $0.020 ahead, followed by a $0.070 presale finish, the window for lower entries is closing fast. That’s why experts say Ruvi AI looks like the smarter near-term bet over Avalanche for investors chasing high-growth AI exposure. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Searching For The Next 100x? Experts Bet On Ruvi AI (RUVI) Over Avalanche (AVAX), Passed Audit and CMC Listing Makes It a No Brainer appeared first on Times Tabloid .

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Veteran Solana & Cardano Whales Pile Into Breakout Altcoin With 500x Potential Ahead of ETF Season

As ETF season heats up and the crypto market braces for another wave of institutional adoption, whales from legacy ecosystems like Solana and Cardano are beginning to rotate capital into a promising new player: MAGACOIN FINANCE . With a projected 500x upside , MAGACOIN is quickly emerging as one of the most talked-about breakout altcoins of 2025. Solana & Cardano Whales Signal the Shift In recent weeks, blockchain data and wallet activity have shown a surprising trend: large holders from both Solana (SOL) and Cardano (ADA) are diversifying into early-stage altcoins with massive upside potential. Why? Because while SOL and ADA continue to dominate institutional headlines, their near-term growth may already be priced in—leaving whales hunting for the next 100x–500x gem . Solana: Strong But Facing ETF Uncertainty Solana remains a dominant Layer-1, bolstered by corporate accumulation , rising DeFi TVL , and developer activity. But the SEC’s delay of Solana ETF approvals until October 16, 2025 , has introduced a cloud of uncertainty—one that whales seem eager to hedge against. Recent highlights: Over 270 million SOL accumulated by public firms Staking ETF proposals under SEC review (potential $5.5B inflow) Strong support at $170 , but risk of deeper correction if broken Whales are still bullish long term—but in the short term, capital is rotating into more speculative altcoins with unlimited upside . Cardano: Gaining Momentum, But Facing Resistance Cardano is also gaining traction, jumping 17% in a single day on August 14, 2025, and pushing TVL past $349 million . Yet despite whale accumulation and regulatory progress, ADA still struggles to decisively break above its $1.02 resistance . Why Whales Are Betting Big on MAGACOIN FINANCE MAGACOIN FINANCE is quickly becoming the go-to altcoin for high-upside potential in a market dominated by institutional flows. Early investors and blockchain analysts are projecting up to 500x ROI based on current tokenomics, presale demand, and untapped market positioning. As crypto ETF speculation ramps up across Ethereum, Solana, Cardano, and Litecoin, smaller cap altcoins like MAGACOIN tend to surge as retail and whale investors seek next-in-line opportunities . Forecasts predict that MAGACOIN FINANCE could deliver up to 8,900% gains before the full onset of altseason 2025, making it one of the most explosive opportunities in the crypto space. With rising investor interest, low market cap, and strong fundamentals, early buyers could see life-changing returns as momentum continues to build. Whale tracking tools and social sentiment data show a clear rise in large buys of MAGACOIN FINANCE during its presale phase. Final Thoughts If the smart money is moving—shouldn’t you be, too? Although Solana and Cardano are still two of the most influential digital currencies, deep-pocket ventures into new altcoins such as MAGACOIN FINANCE trigger profits that multiply exponentially as soon as the waiting-for-the-rush market sets in. The 500x potential isn’t a guarantee—but with growing whale interest, strategic tokenomics, and perfect timing before ETF season, MAGACOIN may be the best altcoin to buy right now . To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Veteran Solana & Cardano Whales Pile Into Breakout Altcoin With 500x Potential Ahead of ETF Season

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Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk

Bitcoin (BTC) staged a mild rebound from yesterday’s inflation-driven drop to $117,180, climbing back toward $119,000 at the time of writing. A declining leverage ratio suggests the top cryptocurrency’s bullish momentum could persist, keeping it in the running for a new all-time high (ATH) in the near term. Bitcoin Leverage Ratio Falls, Bulls Rejoice According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s leverage ratio across all cryptocurrency exchanges has sharply declined from its late-July and early-August peak of 0.27. Related Reading: Bitcoin Investors Turn To ‘Smart DCA’ As Market Trades Below On-Chain Fair Value Of $117,700 Notably, the ratio dropped to 0.25 in early August before a modest rebound. In contrast, the period from May to late July saw both the price and leverage ratio climb in tandem, signaling an influx of traders opening larger positions. In contrast, this time leverage has fallen without a comparable drop in price – a sign that risk has eased since the recent uptrend. Arab Chain notes that this may be the result of high-risk positions being liquidated or traders exiting the market amid volatility. With BTC holding around $119,000, the lower leverage ratio is a bullish sign, suggesting that the latest price gains are fueled more by genuine liquidity than speculative excess. A continued decline in leverage could further reduce the likelihood of a sharp correction. Conversely, a sudden spike in leverage alongside a price rally would raise the risk of a pullback. The analyst added: If leverage remains at moderate or low levels while the price remains stable, this could provide a stable base for a new uptrend. An estimated leverage ratio (ELR) holding between 0.24–0.25, accompanied by a gradual price break above 120K, could indicate a spot-supported upside and a possible extension toward the July highs, with moderate funding and slowly rising open interest. However, a quick jump in the leverage ratio above 0.27 before or during a test of $120,000–$124,000 could signal high liquidation risk and the potential for a sharp downward “shakeout.” On-Chain Data Points To Potential Selling Pressure While lower leverage is encouraging for Bitcoin bulls, on-chain data – particularly rising exchange reserves and whale transfers – hints at possible selling pressure ahead. Related Reading: Bitcoin Price Eyes ATH With Falling Average Executed Order Size And Rising Retail Activity For instance, Binance’s BTC reserves have recently surged to 579,000, raising concerns of profit-taking after Bitcoin’s recent rally to a fresh ATH. Likewise, more BTC miners are moving their holdings to Binance, potentially preparing to sell. Adding to the caution, some analysts warn of a possible pullback to $110,000 to fill outstanding fair value gaps. At press time, BTC trades at $118,672, down 0.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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Ethereum Price Prediction: Wall Street Giant JPMorgan Endorses ETH for Explosive Growth – Can Ethereum Overtake Bitcoin?

One of Wall Street’s top investment banks—J.P. Morgan—thinks that the EVM will benefit the most from growing stablecoin adoption. Are big banks supporting an Ethereum price prediction that pushes it to the top spot of the crypto market? Analysts from the financial institution said in a recent note to clients that Ether ($ETH) has emerged “as a direct way to gain exposure to the expected meteoric growth in stablecoins as the Ethereum network hosts most of these stablecoin assets, directly as the L1 or indirectly through some L2s.” Stablecoins account for 7% of the total market cap of the top 100 cryptos. According to data from DeFi Llama, nearly half of the $270 billion worth of stablecoins that are currently in circulation are stored in the Ethereum network. This gives the EVM an edge over other blockchains to capitalize on the growth of this sector. A recent report from the crypto market maker Keyrock estimates that the market value of stablecoins could rise to $3 trillion. JP Morgan analysts emphasized that the passing of the GENIUS Act could mark a pivotal moment for the sector. Now that stable assets can be legally issued and used in U.S. territory, institutional adoption should rise in the near term. As the network strengthens its architecture through upgrades like Pectra, more and more stable assets will flow to its DeFi ecosystem, supporting a bullish Ethereum price prediction . Ethereum Price Prediction: $ETH Could Deliver Gains of More Than 200% After Price Channel Breakout Trading volumes have skyrocketed after $ETH surpassed the $4,100 resistance. This level acted as a strong ceiling in the past 12 months or so, but has now been cleared and may have marked the beginning of altcoin season. Assuming no increases in Bitcoin’s market cap for years, Ethereum would have to increase its value by 4X to surpass the top crypto. Although this sounds a bit far-fetched, Ethereum’s real-world and practical use cases could contribute to narrowing the gap with $BTC as the world progressively embraces blockchain technology. The daily chart shows huge upside potential in the long term. The token could more than triple its value as the rally has accelerated following a bullish breakout above a long-dated ascending price channel. Same as stablecoins, meme coins are expected to deliver huge gains during this bull market as investors’ risk appetite increases. Token6900 ($T6900) has the footsteps of previous successes like SPX6900 ($SPX) and could deliver 100X gains. Token6900 ($T6900) Raises $2M in Just a Few Weeks as “Vibe Liquidity” Starts Flowing Token6900 ($T6900) is the purest meme coin out there. It offers no incentives, makes no promises, and has no roadmap and that’s what makes it so great. It is a community-centered asset whose value will grow as the masses embrace its purity. It is peak brainrot with a touch of 2000s nostalgia. The biggest and earliest believers who buy at its discounted presale price of $0.006975 will be the ones to make the most out of its success, as the token is hard-capped at $5 million. To join the movement, head to the Token6900 website and connect your wallet (e.g. Best Wallet ). You can either swap USDT or ETH or use a bank card to invest. Click Here to Participate in the Presale The post Ethereum Price Prediction: Wall Street Giant JPMorgan Endorses ETH for Explosive Growth – Can Ethereum Overtake Bitcoin? appeared first on Cryptonews .

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Why Digital Currency Group Is Suing Its Own Subsidiary Over $1.1 Billion Loan

Digital Currency Group has sued its subsidiary, crypto lender Genesis, in the latest twist of a saga that's been unfolding since 2022.

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SharpLink Bets Big on Ethereum, Now Holds 728,804 ETH

SharpLink’s Q2 2025 results confirm one thing, the company is now an Ethereum giant. As of June, ETH became its main reserve asset. The firm now holds 728,804 ETH, worth roughly $3.5B at today’s CoinMarketCap price of about $4,800 per ETH. That’s the second-largest corporate ETH stash in the world, just behind BitMine. The pivot has been aggressive. Since June, SharpLink raised over $2.6B to expand its ETH position. Almost all of it is staked. The company says it has earned 1,326 ETH in staking rewards so far. Passive yield, without touching the principal. ConsenSys CEO Says SharpLink Will Outgrow Rivals in #Ethereum Treasury Race. Ethereum co-founder and ConsenSys CEO Joseph Lubin says SharpLink, a firm with ties to Ethereum’s core ecosystem, could grow faster than other Ether treasury companies. In a recent interview on Nasdaq,… pic.twitter.com/RYQdG4MeXx — TheCryptoBasic (@thecryptobasic) August 15, 2025 On paper, Q2 looks rough. SharpLink Gaming posted a $103M loss. But management calls it just that, a paper loss. The ETH remains on the books. No forced selling. No change in the accumulation plan. Lubin’s Confident Bet, Making Bold Ethereum Claims Ethereum co-founder and ConsenSys CEO Joseph Lubin isn’t shy about his expectations. In a Nasdaq interview, Lubin, who also chairs SharpLink, said the firm could outgrow all rivals in the Ethereum treasury race. He credited SharpLink’s close ties to Ethereum’s core ecosystem as a major advantage. Lubin isn’t dismissing competition. He said he supports other companies building ETH treasuries. But his prediction is clear, SharpLink will pass them in both growth and performance “within a short time. SharpLink reported Q2 2025 results and revealed its ETH holdings have reached 728,804. Since June, ETH became its main reserve asset. The company raised over $2.6B to expand its position and has staked nearly all ETH, earning 1,326 ETH in rewards. https://t.co/Ik9MYYiMzA — Wu Blockchain (@WuBlockchain) August 15, 2025 What makes him so confident? Lubin pointed to positive feedback loops. SharpLink uses ConsenSys products, advanced staking services, and professional asset managers. The integration, he said, strengthens the company’s position in decentralized finance investments. In his view, this combination makes SharpLink a standout choice for investors seeking exposure to ETH through professionally managed structures. A $100 Trillion Vision SharpLink’s Co-CEO Joseph Chalom goes even bigger. He sees tokenized assets, from stablecoins to real-world assets, ballooning into a $100 trillion market. But that kind of market, he says, needs a programmable, decentralized, neutral, always-available ecosystem. To Chalom, that ecosystem is Ethereum. He believes this trend will accelerate ETH adoption. And SharpLink’s role? Drive adoption. Build awareness. Aggressively accumulate ETH for shareholders. The ETH build-up isn’t slowing. Earlier this month, SharpLink raised $200M in a direct offering at $19.50 per share. The deal closed August 8 and brought in A.G.P./Alliance Global Partners, Société Générale, and Cantor Fitzgerald as participants. Chalom says the funds will go straight into the company’s Ethereum strategy, to “accumulate, stake, and grow ETH-per-share.” Why It Matters SharpLink’s playbook is high-risk, high-conviction. Swapping cash for ETH concentrates the balance sheet. Staking locks up liquidity. But it’s also a leveraged bet on Ethereum’s long-term role in global finance. If tokenization expands and ETH gains value, the returns could be outsized. Lubin’s confidence, Chalom’s $100T vision, and a treasury second only to BitMine make SharpLink hard to ignore in the corporate crypto race. Quick Data, ETH (CoinMarketCap) : Price: ~$4,800 Market Cap: ~$580B 24h Volume: ~$18B Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

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Digital Currency Group sues subsidiaries over $1.1B promissory note

The latest legal battle between Digital Currency Group and Genesis centered on a promissory note issued amid the collapse of Three Arrows Capital in 2022.

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Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases

Senator Cynthia Lummis (R-WY) supports U.S. Treasury Secretary Scott Bessent’s Fox News interview this week, in which he revealed that the U.S. will not be buying Bitcoin for its Strategic Bitcoin Reserve (SBR). Sen. Cynthia Lummis Applauds Budget-Neutral Bitcoin Plan Speaking with reporter Maria Bartiromo on Thursday, Bessent revealed that the U.S. will not purchase Bitcoin outright for the reserve—instead, it will use “confiscated assets” as a store of value. In two August 14 X posts, Lummis called Bessent’s take “spot on” in terms of identifying a budget-neutral plan to increase America’s Bitcoin reserve . “ @SecScottBessent is right: a budget-neutral path to building SBR is the way,” Lummis said in an August 15 X post. “We cannot save our country from $37T debt by purchasing more bitcoin, but we can revalue gold reserves to today’s prices & transfer the increase in value to build SBR.” Sec. Bessent is spot on about the importance of bitcoin as a store of value in the digital age. I look forward to continue working with @SecScottBessent & @howardlutnick to identify budget-neutral ways to continue growing our bitcoin reserve & outpacing adversaries in the race. — Senator Cynthia Lummis (@SenLummis) August 14, 2025 “I look forward to continue working with @SecScottBessent & @howardlutnick to identify budget-neutral ways to continue growing our bitcoin reserve & outpacing adversaries in the race,” she added. Confiscated Crypto at the Core of U.S. Reserve Strategy Despite hitting an all-time high above $124,000 on Thursday, Bitcoin’s value was hovering around $117,000 as of Friday. Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order. In addition, Treasury is committed to exploring budget-neutral pathways to acquire more… — Treasury Secretary Scott Bessent (@SecScottBessent) August 14, 2025 Bessent’s latest remarks are likely to disappoint Bitcoin holders who hoped the U.S. government would buy up more of the cryptocurrency . Following his interview with Fox News, Bessent took to X himself to clarify his commentary. “Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order,” Bessent said. “In addition, Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world,’” he added. The post Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases appeared first on Cryptonews .

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