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Bitcoin is paving new avenues for investors, allowing them to short the US dollar while retaining their Bitcoin holdings, according to Ledn’s co-founder Mauricio di Bartolomeo. This innovative approach mirrors
COINOTAG reports that on May 20th, Kremlin representatives conveyed that former President Donald Trump displayed enthusiasm when addressing the potential for improved US-Russia relations. He indicated a desire for a
Salesforce Inc. has announced it will offer its Slack collaboration software to U.S. federal agencies at an unprecedented 90% discount. The significant price reduction is the latest Trump administration effort to reduce government technology costs. The discounted offering includes Slack Enterprise Grid, designed for large organizations requiring enterprise-grade security, scalability, and centralized administrative control. Additionally, Salesforce provides nearly 70% off on Slack AI for Enterprise per user. OneGov initiative drives major tech savings with the centralized Slack deal The U.S. General Services Administration (GSA) announced the agreement on Monday. It’s the newest push under the federal government’s OneGov Project as part of a strategy to centralize technology buying and save taxpayers’ money. The GSA said that the new pricing replaces smaller, fragmented discounts that agencies typically negotiate independently. Josh Gruenbaum, the commissioner of the Federal Acquisition Service, said they were on a journey toward smarter buying. He explained that instead of managing hundreds of small contracts, the government was now focusing on larger, high-impact deals that would benefit everyone. The OneGov concept enables the GSA to deal directly with software vendors on behalf of the entire federal government. It has already saved millions — and the potential savings could be billions as more companies participate. The agreement with Salesforce, whose products include Slack and other business tools, will likely speed the government’s transition to digital collaboration. In 2022, Slack launched a government-specific, secure version designed to meet federal data protection and privacy standards. Software giants back federal cost-cutting push Salesforce is just one of several tech companies giving the U.S. government discounts. In recent weeks, Google lowered the price of its Workspace productivity suite by 71%. Adobe and other software companies have extended similar offers. These firms are reacting to pressure from the GSA and the Department of Government Efficiency (DOGE) — the recently formed federal bureaucratic body headed by Elon Musk. DOGE aims to cut federal spending and streamline the government’s tech use. The agency also reported that many departments were overpaying for software licenses they did not use. In March, DOGE said that agencies were pressuring Adobe and ServiceNow to submit bills for licenses above the number required. A spokesperson from DOGE said last week that their audits had uncovered waste at every level. They added that the agency was working with the GSA to address the issue. The action has drawn bipartisan political support. The Senate also revived a dormant bill last week that would overhaul software purchasing at the federal level — making it more competitive and more visible. To drive even more costs down, the GSA is cutting the number of intermediaries the government uses when it buys software. Municipalities are urged not to hire outside contractors to tailor software for their use but to rely on commercial versions made in advance. Gruenbaum explained that this was why there were significant savings on large purchases. He noted that integrators often added a mark-up, and the government aimed to avoid those extra costs whenever possible. However, critics maintain that the relationship between tech companies and government agencies must be tightly monitored. Government pushes for bigger tech changes The federal government’s tech landscape is shifting rapidly as more tech companies pile in. And Salesforce’s bid for Slack may only be the beginning of a much bigger change in how Washington deals with software and digital collaboration. Dave Rey, Salesforce’s head of public sector business, said the initiative wasn’t just about providing cheaper software. He emphasized that it was ultimately about helping the government serve the American people more effectively. As agencies plan for the next fiscal year, many are reevaluating their software stacks completely — dropping longtime suppliers as necessary. Gruenbaum clarified that no company was too big and no product too small for the government to reevaluate. The message was clear and bold: to continue doing business with the U.S. government, vendors would need to offer better value, more useful features, and greater flexibility. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
JPMorgan Chase CEO Jamie Dimon announced that the company will allow its customers to purchase Bitcoin, but will not provide BTC custody services. Dimon also reiterated that he personally does not support Bitcoin, saying, “I am not a fan.” However, a recent report by JPMorgan predicts that Bitcoin will significantly outperform gold through the rest of 2025. This optimistic outlook stems from new catalysts that have emerged as investment dynamics specific to cryptocurrencies have changed. Related News: Watch Out: Large Token Unlocks Coming in 14 Altcoins Next Week - Here's the Day-by-Day, Hour-by-Hour List The note published by the analyst team led by JPMorgan's managing director Nikolaos Panigirtzoglou included the following assessment: “From mid-February to mid-April, gold was rising at the expense of Bitcoin. But over the last three weeks, we have seen the opposite; Bitcoin is appreciating at the expense of gold.” Analysts predict that this trend will continue, adding: “We have been seeing a sequential rise between gold and Bitcoin since the beginning of the year and we think this will continue for the rest of the year. However, we expect a balance to emerge in favor of Bitcoin in the second half of the year due to crypto-specific catalysts.” *This is not investment advice. Continue Reading: JPMorgan CEO Jamie Dimon Makes Surprising Statements and Announcement: “I Don’t Like Bitcoin, But…”
Grass, the decentralized web crawling and AI infrastructure token, has seen its price drop over 9% today, trading at $1.96. Despite this pullback, analysts are suggesting that the token may be primed for a breakout, given its strong technical indicators and growing network activity. Grass ( GRASS ) aims to democratize access to internet-scale data by creating a decentralized network of over 3 million active nodes. Users contribute unused bandwidth to help scrape and index the web, building an open, user-owned knowledge graph. This data is then made available for AI training and other applications, challenging the dominance of tech giants in web crawling and data aggregation. You might also like: Senate eyeing second vote on stablecoin bill after revised text GRASS crypto’s technical analysis suggests a breakout The project has achieved significant milestones, including the recent Sion upgrade, which enhanced its ability to process multimodal web data—text, images, and 4K video—at scale. The upgrade introduced advanced scraping algorithms , horizontal compute scaling, and increased the network’s data handling capacity to over 1 petabyte per day GRASS has broken out of its downtrend! Journey to $5 started 📈🚀 #GRASS $GRASS pic.twitter.com/NxbyoFvzKG — World Trading Journal 🌍 (@WorldTradingJNL) May 18, 2025 Technical analysis indicates that GRASS may be entering a consolidation phase before a potential breakout, according to past surges in GRASS’s price. Despite the recent dip, the project’s fundamentals remain strong. The network has scraped over 109.7 million IP addresses and indexed 4.47 billion URLs since its inception, according to past crypto.news reporting. Moreover, the community’s commitment is evident, with 30% of claimed tokens being staked , reflecting a long-term belief in the project’s vision. You might also like: Moo Deng dips 13.81% but bullish trend still in control
Bitcoin’s recent rally amidst fluctuating market conditions underscores the resilience of long-term investors, as the cryptocurrency approaches historical price milestones. Despite hitting resistance at $107,000, Bitcoin’s recovery from its intraday
Bitcoin ETFs notched a fifth straight week of net inflows, bringing in $603.74 million, with Blackrock’s IBIT once again leading the charge. Ether ETFs joined the rally, posting an inflow of $41.59 million. Bitcoin and Ether ETFs Log Strong Inflows Despite Broad Market Mixed Signals Crypto exchange-traded fund (ETF) momentum held strong last week as
China is reportedly urging the US to reverse its “discriminatory” measures following guidance from the Commerce Department that using Huawei’s Integrated Circuits (chips) could be interpreted as a violation of American export controls. The guidance warned the public that using Huawei’s Ascend chips without authorization could result in substantial criminal and administrative penalties. Chinese officials now say that the guidance undermines trade conversations in Geneva, Switzerland, earlier this month, Reuters reports . Says the Chinese ministry, “The U.S. has been abusing export control measures, imposing stricter restrictions on Chinese chip products under unfounded accusations… China firmly opposes this… Trying to trip others won’t make oneself run faster.” China also reportedly vowed resolute measures if the US continues to “substantially” harm its interests, according to Reuters. China sold off billions of dollars worth of US Treasuries between February and March, according to new government data. An update from the Treasury Department shows China’s US Treasury holdings dropped $18.9 billion in one month, while most other countries increased their holdings. The data also shows that the UK has overtaken China and is now the second-biggest foreign holder of USTs in the world. Macro investor Luke Gromen warns that the countries buying more USTs won’t be able to simultaneously buy more American-manufactured goods, further hurting America’s trade deficit that President Trump has promised to address. Says Gromen, “Foreign UST holdings rose $133 billion Mar vs. Feb. UK, Caymans, and Canada were $86 billion of that $133 billion; China sold $19 billion. UK surpassed China as the 2nd biggest US foreign creditor for 1st time ever in March. Cayman Islands (pop. ~73,000) is now the fourth biggest US foreign creditor at $455 billion… How are they going to buy both USTs and more goods from America going forward?” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post China Demands US ‘Immediately Correct Its Wrongdoings’ After Allegedly Undermining Geneva Trade Talks : Report appeared first on The Daily Hodl .
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