سعر Sun [New]SUN

Bitcoin traded at $109,637 at press time, after gaining 4.38% in the past seven days. The asset remains just below its record high, as $11 billion in short-term holder profits and macro uncertainty weigh on momentum. Bitfinex analysts reported that short-term holders realized $11.4 billion in profits over the past 30 days. This figure marks a steep rise from the $1.2 billion realized in the prior month. The analysts warned that without an equal influx of new capital, further upside could remain limited in the near term. While spot bitcoin ETFs attracted over $5.3 billion in May, the increased pace of profit realization suggests a near-term pause may be underway. The analysts highlighted $95,000 as a key level to watch, noting it as the cost basis for short-term holders. The day’s advances followed news that President Donald Trump would delay proposed 50% tariffs on EU goods until July 9, which helped global stocks and risk assets recover from last week’s volatility. Inflows into U.S. spot bitcoin ETFs totaled $2.7 billion during the past week. The current holdings of institutional products now stand at 1.2 million BTC, which is about 5.76% of the total supply. In the past week, BlackRock’s IBIT fund attracted $2.4 billion, making it a market leader in the sector. According to Bitfinex, the market is experiencing “healthy consolidation,” backed by strong ETF inflows and low trading volatility. Expert analysts highlighted the growing on-chain activity and a steady increase in realized capital as signs of structural growth rather than short-term speculative activity. Total digital asset investment products have recorded $10.8 billion in year-to-date inflows, setting a new record. Weekly inflows reached $3.3 billion, helping assets under management briefly hit $187.5 billion, according to CoinShares. The U.S. led with $3.2 billion of last week’s inflows, followed by Germany and Hong Kong. Bitcoin attracted $2.9 billion, while BlackRock’s IBIT now holds $71.42 billion in assets, equal to 3.32% of BTC’s market cap. Short-bitcoin products and Ethereum ETFs also saw significant capital flows, although XRP products recorded $37.2 million in outflows. The Bitcoin 2025 Conference is scheduled for May 27 in Las Vegas, drawing top industry figures such as Michael Saylor, Justin Sun, and JD Vance, the Vice President. The sixth annual event is predicted to attract more than 30,000 attendees. According to the organizers, it will explore topics such as adoption, regulation, and innovation in the crypto space. Meanwhile, Trump Media & Technology Group denied reports that it plans to raise $3 billion to buy bitcoin. The company dismissed the Financial Times report, calling its sources unreliable. The alleged plan involved $2 billion in equity and $1 billion in convertible bonds, a strategy reportedly modeled after firms like MicroStrategy and Metaplanet. Despite denying the rumors, speculation about Trump-linked crypto ventures increased. Trump recently transferred a 53% stake in the media firm to a trust managed by Donald Trump Jr., amid scrutiny over his family’s growing involvement in blockchain and token projects. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

this posts rubs me in so many different ways, like I dont wanna say sun is right, but mfer is right. put your btc to work. especially if you dont have enough to live of it

The San Francisco Sun is so weak compared to Virginia. No wonder everyone’s spirit here is kinda wavy and not really hot or cold either direction.

The Trump administration seems to strongly support cryptocurrencies, especially Bitcoin, with policies like creating a Strategic Bitcoin Reserve and promoting digital assets. Key actions include treating Bitcoin as a reserve asset, supporting stablecoins, and deregulating the crypto industry, aiming to make the U.S. a global leader in crypto. Positives include boosting innovation and market growth, with Bitcoin prices up 16% since January 2025, but there are concerns about conflicts of interest and potential corruption. Critics, mainly Democrats, argue these policies may benefit Trump personally, while supporters see them as forward-thinking; the topic is highly debated. Policies and Goals The Trump administration, as of May 2025, has embraced cryptocurrencies with policies like establishing the Strategic Bitcoin Reserve, treating Bitcoin as a reserve asset similar to gold, and creating a U.S. Digital Asset Stockpile for seized crypto. They’ve also promoted dollar-backed stablecoins and prohibited Central Bank Digital Currencies (CBDCs), aiming to lead globally in digital finance. Goals include driving economic growth, providing regulatory clarity, and centralizing government crypto holdings for better security. Positives and Negatives Positives include fostering innovation, with Bitcoin reaching record highs (up 16% since January, 57% yearly), and resolving past mismanagement of seized crypto. Negatives include ethics concerns, as Trump’s personal crypto investments (e.g., meme coins) raise conflict-of-interest issues, with critics calling it potential corruption. Context and Reactions Politically, Democrats like Jamie Raskin and Elizabeth Warren criticize the policies as corrupt, while some Republicans support them. Economically, the market is bullish, with Truth Social raising $2.5 billion for a Bitcoin treasury. Reactions are mixed, with protesters opposing and industry leaders praising the moves. Survey Note: Detailed Analysis of Trump Administration’s Cryptocurrency Policies (May 2025) This detailed analysis provides a comprehensive overview of the Trump administration’s cryptocurrency policies as of May 31, 2025, based on official documents, news reports, and expert analyses. It expands on the key points, offering a deeper look into actions, goals, impacts, and the broader context, including political reactions and market trends. Background and Policy Framework The Trump administration, inaugurated for its second term on January 20, 2025, has taken a markedly pro-crypto stance, contrasting with previous administrations’ more cautious approaches. This shift is evident in several executive actions and policy directives issued early in the term, reflecting a strategic embrace of digital assets as part of national economic policy. Key Actions and Implementation The administration’s cryptocurrency policies include a series of significant actions: Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile: On March 6, 2025, President Trump signed an Executive Order establishing the Strategic Bitcoin Reserve, treating Bitcoin as a reserve asset akin to gold, and the U.S. Digital Asset Stockpile to manage non-Bitcoin digital assets seized by the government . The Reserve is capitalized with forfeited Bitcoin from the Treasury, and agencies must account for their digital asset holdings to ensure centralized oversight. Support for Digital Assets and Blockchain: A January 23, 2025, presidential action, “Strengthening American Leadership in Digital Financial Technology,” supports the responsible growth of digital assets and blockchain technology across sectors . This includes protecting access to open public blockchain networks for lawful purposes, such as software development, mining, and self-custody. Promotion of Dollar-Backed Stablecoins: The administration aims to promote U.S. dollar sovereignty by encouraging the development and global use of lawful dollar-backed stablecoins, seen as a counter to foreign digital currencies. Prohibition of Central Bank Digital Currencies (CBDCs): The policies explicitly prohibit CBDCs within U.S. jurisdiction, reflecting a preference for decentralized digital assets over government-issued currencies. Regulatory Clarity and Deregulation: Efforts include providing technology-neutral regulations and rescinding previous guidance, such as the Labor Department’s decision in May 2025 to rescind advice discouraging 401(k) plans from buying crypto Department of Labor Rescission, opening the door for greater crypto adoption in retirement accounts. Revocation of Previous Policies: Executive Order 14067 (March 9, 2022) and related frameworks were revoked to align with the current pro-crypto stance, ensuring consistency in policy direction. Appointment of a Crypto Czar and Engagement: A “crypto czar” was appointed, and the White House hosted its first-ever crypto summit, engaging with industry leaders to foster collaboration. The President’s Working Group on Digital Asset Markets, established within the National Economic Council, includes officials from Treasury, Justice, Commerce, and other agencies, tasked with holding public hearings and consulting with digital asset leaders. Goals and Objectives The overarching goals of these policies are multifaceted: Global Leadership: Position the U.S. as the global leader in government digital asset strategy, fulfilling Trump’s campaign promise to make the U.S. the “crypto capital of the world.” Centralization and Security: Centralize, secure, and maximize the value of government-held cryptocurrencies, addressing past issues like premature Bitcoin sales costing over $17 billion in taxpayer losses. Economic Growth and Innovation: Drive economic growth through the adoption of digital assets, recognizing Bitcoin’s scarcity and security as “digital gold” with a fixed supply of 21 million coins. Regulatory Clarity: Provide clear, technology-neutral regulations to foster innovation while protecting consumers and managing risks, with reports due within 180 days on regulatory frameworks for stablecoins and digital asset stockpiles. Dollar Sovereignty: Promote U.S. dollar-backed stablecoins to maintain global financial influence, countering the rise of foreign digital currencies. Positives and Benefits The policies have several positive aspects, as outlined in official documents and market analyses: Innovation and Leadership: By embracing cryptocurrencies, the U.S. is positioned at the forefront of global financial technology, attracting crypto businesses and fostering innovation. The administration’s open-minded approach is seen as forward-thinking by industry leaders. Security and Accountability: Centralizing government-held digital assets resolves past disjointed handling, ensuring better oversight and preventing losses from premature sales. Bitcoin’s security, never having been hacked, is highlighted as a strategic advantage. Market Growth: The market has responded positively, with Bitcoin reaching record highs, up 16% since January 2025 and 57% over the past year . Truth Social’s parent company announced plans to raise $2.5 billion to create a “Bitcoin treasury,” signaling strong investor confidence . Economic Benefits: Supporting digital assets is seen as a way to drive economic growth, with the Trump family backing bitcoin mining firms and launching a USD1 stablecoin, further integrating crypto into the economy. Resolution of Past Issues: The policies address previous lack of accountability in managing seized cryptocurrencies, ensuring cohesive and strategic management. Negatives and Challenges Despite the positives, there are significant concerns and challenges: Ethics and Conflict of Interest: Critics, including ethics experts like Timothy Massad (former CFTC chair), question whether the policies promote innovation or benefit Trump personally . Trump’s involvement with meme coins like $Trump and $Melania, launched in January 2025, and events like a private dinner for top $TRUMP buyers, raise conflict-of-interest concerns. A Washington Post analysis found Trump-affiliated businesses received $312 million from crypto sales and $43 million in fees through mid-May 2025, while small investors faced losses Washington Post Analysis. Potential for Corruption: Democrats like Jamie Raskin have called for investigations into Trump’s crypto ties, warning of foreign governments funneling money via anonymous crypto purchases and potential violations of the emoluments clause . Elizabeth Warren described the memecoin dinner as “an orgy of corruption” at a news conference. The State Democracy Defenders Fund estimated Trump’s crypto ventures are worth $2.9 billion, criticizing insufficient conflict-of-interest protections . Market Volatility and Risks: While the market is bullish, the rapid embrace of crypto could introduce risks, such as increased volatility or speculative bubbles, especially with small investors losing money in Trump’s meme coin ventures. Lack of Transparency: Critics argue that events like the memecoin dinner, where the 220 largest holders spent $148 million and the top 25 had a separate reception, directly benefit Trump family businesses without disclosure requirements, raising transparency concerns The Guardian: Trump Crypto Corruption. Political and Economic Context The political landscape surrounding these policies is highly polarized: Political Divide: Democrats, including lawmakers like Jeff Merkley, Chuck Schumer, Maxine Waters, and Sean Casten, have introduced legislation to address potential conflicts, such as preventing presidents from owning significant digital assets and blocking Trump from benefiting crypto businesses . Republicans are more supportive, with Vice President JD Vance disclosing owning over $250,000 in Bitcoin and stating crypto is in a bull market under Trump . Ethics and Watchdog Concerns: Ethics watchdogs and watchdog groups have raised red flags over the Trump family’s crypto entanglements, with protesters at the memecoin dinner shouting “shame” and holding signs like “Don the Con” and “No Kings” . White House officials insist such events are “separate” and “unaffiliated,” but critics remain skeptical. Economic Trends: The crypto market has seen significant growth, with Bitcoin’s price surge reflecting market confidence in Trump’s policies. Truth Social’s $2.5 billion Bitcoin treasury plan is cited as a defense against financial institution harassment Devin Nunes Statement. The administration’s deregulation efforts, including rescinding 401(k) guidance, have contributed to a bullish market sentiment. Reactions from Stakeholders Reactions are varied, reflecting the polarized nature of the policies: Supporters: Industry leaders and crypto advocates praise the administration’s open-minded approach, with crypto billionaires like Cameron and Tyler Winklevoss joining a new members-only MAGA club in Washington Politico: MAGA Club and Crypto Billionaires. Trump’s crypto czar, Sacks, focuses on growing the market, arguing handling Trump’s business ties isn’t part of his job . Critics: Democrats and ethics watchdogs are alarmed by crypto becoming a centerpiece of Trump’s business and administration, with potential influence by industry players and foreign actors. Concerns include Justin Sun’s $20 million spend on Trump coins amid paused SEC fraud charges, with half of dinner attendees likely from overseas, traced to exchanges barring U.S. customers (The Guardian: Concerns Over Justin Sun, Washington Post: Overseas Attendees). Market Participants: Small investors have faced losses in Trump’s meme coin ventures, while Trump-affiliated businesses have profited significantly, raising fairness and transparency concerns. Market Trends and Impact The market trends reflect a strong positive response to the policies: Bitcoin Performance: Bitcoin’s price reached a record this month, up 16% since January 2025 and 57% over the past year, driven by the administration’s pro-crypto stance . Industry Growth: The crypto industry is booming, with new initiatives like Truth Social’s Bitcoin treasury and the Trump family’s backing of bitcoin mining firms and stablecoin launches. Investor Confidence: The administration’s deregulation and support have contributed to a bullish market sentiment, with crypto seen as thriving under Trump’s leadership, as stated by VP JD Vance . Summary Table: Key Policy Actions and Impacts Action Goal Positive Impact Negative Concern Strategic Bitcoin Reserve Treat Bitcoin as reserve asset Boosts U.S. leadership, market growth Ethics concerns over Trump’s investments Support for Stablecoins Promote dollar sovereignty Enhances global financial influence Potential market volatility Deregulation (e.g., 401(k) guidance) Foster innovation Increases investor access, market boom Risk of speculative bubbles Prohibition of CBDCs Favor decentralized assets Aligns with industry preferences Limits future policy flexibility Appointment of Crypto Czar and Summit Engage industry leaders Fosters collaboration, innovation Perceived as favoring industry interests This table summarizes the key actions, their intended goals, and the dual nature of their impacts, reflecting both opportunities and challenges. Conclusion The Trump administration’s cryptocurrency policies in 2025 represent a bold, pro-crypto stance aimed at positioning the U.S. as a global leader in digital finance. While these policies have driven market growth and innovation, with Bitcoin reaching record highs, they are highly controversial, with significant ethics and corruption concerns raised by critics. The political landscape is divided, with Democrats and ethics watchdogs opposing the policies, while industry leaders and some Republicans support them. The economic impact is largely positive, but the long-term implications, especially regarding transparency and conflict of interest, remain to be seen. Key Citations White House Fact Sheet: President Donald J. Trump Establishes Strategic Bitcoin Reserve Presidential Action: Strengthening American Leadership in Digital Financial Technology Washington Post: Trump Administration Ramps Up Push as Crypto Ally The Guardian: Top Democrat Demands Answers on Trump’s Major Crypto Ties Politico: Trump’s Week of Crypto Embrace Continues Despite Ethics Concerns Devin Nunes Statement on Truth Social Bitcoin Treasury Washington Post: Analysis of Trump’s Crypto Investor Losses The Guardian: Concerns Over Trump Crypto Corruption and Ethics Washington Post: Overseas Attendees at Trump Meme Coin Dinner Democracy Defenders Fund: Estimate of Trump’s Crypto Ventures Worth

RT @alt_layer: Found @0xcoordinated when wandering around @token2049. Thought we'd talk shop in the sun. We got into rollups, AVSs, the cr…