BlackRock CEO Larry Fink: Crypto's Role is Digitizing Gold
BlackRock CEO Larry Fink: Crypto's Role is Digitizing Gold
🤔 Larry Fink Changes Tune
Key market updates for December 21, 2024:
- $HYPE token reaches $9B market capitalization, continuing its upward trend
- Ripple announces $5M XRP donation to Trump's inaugural fund according to Fox
- BlackRock CEO Larry Fink frames crypto as digital gold alternative
- MetaMask expands pilot testing of crypto payment card across US markets
This follows recent developments including Bitcoin's new ATH of $106.6k and significant movements in the memecoin sector. MetaMask's payment card expansion signals growing mainstream adoption of crypto payment solutions.
What's new? • BTC reaches new $106.6k ATH • Trump may use BTC as reserve asset on ‘day one’ • Abstract announced its mainnet launch for January 2025 • HYPE hits new ATH of $27bn FDV as volume hits ATH • Ethereum NFTs soar
What's new? • Bitcoin reclaims $100K • Alts soar as Trump team buys ETH, LINK, AAVE • AI market cap approaches $10B as development accelerates • Pudgy Penguins reach a $100k floor for the first time • Phantom is now surfacing Pump Fun memecoins within minutes of launching
MegaETH Labs Partners with Chainlink and Announces Major Token Buyback
**MegaETH Labs** made two significant announcements that caught the crypto community's attention. The company revealed a **partnership with Chainlink** to integrate real-time oracle services into their infrastructure. This collaboration aims to provide more reliable and timely data feeds for their platform. Additionally, MegaETH Labs announced plans to **buy back 4.75% of their token supply**. This buyback represents a substantial commitment to reducing circulating tokens and potentially supporting token value. The news was discussed by Tyler_Did_It and rektmando on the FOMO Hour podcast, highlighting the strategic importance of both moves for the project's future development.
Major Crypto News Roundup - March 5, 2025
- US government signals potential tariff relief for Mexico & Canada, driving major cryptocurrencies up 6-10% - Cantor Fitzgerald CEO Lutnick reveals Trump's upcoming Bitcoin Reserve announcement, with distinct treatment planned for other cryptocurrencies - Reddit co-founder expresses interest in TikTok acquisition, proposing blockchain integration - AVAX ecosystem sees new token $Blub reach $100M fully diluted valuation at launch - Mexican billionaire Ricardo Salinas moves 70% of portfolio ($3.5B+) into Bitcoin - USDC makes history as Japan's first approved stablecoin
Web3 Daily Digest - February 20, 2025
Key developments in the web3 space today: - **Kaito Token Launch**: Successfully debuted with $1.5B fully diluted valuation in early trading - **Virtuals Platform**: Introduced foundation for autonomous agent-based economy, marking a significant step in AI-web3 integration - **Memeland Updates**: Revealed new roadmap featuring MemePay and Meme Strategy initiatives - **Monad Progress**: Testnet now live, featuring Fantasy Top's free-to-play game launch Recent Context: - FTX initiates $1.2B repayment to small claim holders - Charles Schwab establishes Head of Digital Assets role - Michael Saylor's firm plans $2B Bitcoin acquisition [Full details available at LuckyTrader](https://newsletter.luckytrader.com)