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Despite the decline in the market with this week, some analysts predict that the inclusion of digital assets in the US 401 (K) pension plans can unlock billions of dollars in new influx and potentially get bitcoins to record Maxim.
This “Bull” Development can push bitcoins (BTC)) over $ 200,000 by the end of the year, signaled another $ 122 billion capital and provided that André Drugosch, head of European research in Crypto Asset Manager Bitwraph, said Cointegraph.
Acquisitions on the Bitcoin Treasury Treasury continue to attract new participants such as the healthcare service provider on NASDAQ list and Bitcoin Treasury to become the first Bitcoin’s investment of $ 679 million Tuesday.
Other big investors have been turning to the ether since bitcoins (Eth) Prize valuation. On Thursday and Bitcoin sent a BTC worth $ 189 million to a hyperliquid decentralized exchange and most of this transferred to a lasting future $ 295 million and subsequent position $ 240 million Position Eth.
Krypto in USA 401 (k) retirement plans can increase bitcoins to $ 200,000 in 2025
Incorporating cryptocurrency into US pension plans could mean a landmark for the acceptance of bitcoins and unlock billions of dollars in new capital, which, according to André Drogosch, according to André Drogosch, potentially shifted as an asset over $ 200,000.
President Donald Trump has prepared a way Incorporating cryptocurrency into US 401 (k) Retirement plans By signing a executive order on August 7 by granting access to Americans through their pension plans.
Incorporation of crypto into plans 401 (K) can be even more significant for bitcoins (BTC) Price than the approval of the American place Funds traded on Bitcoin exchange (ETFS) Dragosch said in January 2024.
This “Bull” development may be “greater than the American Bitcoin ETF”, signaling another new capital worth $ 122 billion, and at the same time Dragosch introduced Cainelegraph on Monday on Monday: Monday on Monday a price prediction on Monday:
“The official forecast remains $ 200,000 by the end of the year.”
“If you look at 401 (K) and defined retirement in the US, they are huge,” Dragosch said, adding that 1% was a “relatively conservative” estimate of an allocation for industry $ 12.2 trillion.
Including digital assets in pension plans allow 401 (k) portfolio managers to invest in ETFwhich can shift the price of bitcoins to the new historical maximum, flash another optimistic signal for the bitcoin goal of Bitwis in the end of 2025.
Kanye West Yzy Sniper wallet associated with an extraction scheme of $ 21 million: Analysts
Onchain investigating a pseudonymous analyst Detheactive combined a wallet that bombarded a token with the theme of Kanye West with another set of purses behind the token, suggesting that the same operator extracted tens of millions of dollars using dedicated knowledge.
In series x Contributions On Thursday, Dethen showed that the Yzy Sniper wallet managed to buy tokens worth $ 250,000 for just $ 0.20, which is deep below the price most traders paid. Within minutes, the wallet made a profit of over $ 1 million, which was later transferred to the cash register wallet.
The same wallet of the Ministry of Finance also received large amounts from the wallets tied up Starting the pound six months ago. The two pounds of Sniper ‘wallets extracted a combined $ 21 million. A total of nearly $ 23 million were pulled through the start of YZA and LIP, while the funds later moved to Kamino or Binance.
“We can be sure it’s someone with clear inside the information,” Dethen wrote. “The proof is that besides $ yza and $ libra, he did not cut off any coin and was prepared with a huge size,” they added.
Bitcoin Bull and billionaire files for $ 250 million SPAC dollars focusing on Defi, AI
The first bitcoin investor and billionaire Chamath Paliapitiya asked to earn $ 250 million at “American Equisition Acquisition Corp and”, focusing on decentralized financial and AI, energy and defensive sectors.
Society for Acquisitions of Special Purpose (SPAC) would be led by a partner for Social Capital Administration Steven Trieu as CEO and PALIHAPITIYA as chairman, according to Until the statement of registration filed with the US Securities and Stock Exchange Commission on Monday.
An increase in $ 250 million is trying to offer 25 million shares for $ 10 under Ticker Aexa on the New York Stock Exchange.
Palihapitiya and Trieu relies on decentralized finances, not bitcoins, to lead another wave of financial innovation, focusing on solutions that bridge traditional Blockchain technology markets:
“While Mr. Paliapitiya has long been a supporter of bitcoins as an inflation hedge and an alternative to Fiat curls, we believe that the next stage of development is increased integration between traditional financing and decentralized financing.”
Ex-White House Crypto Director Bo Hines takes over a similar role
Stablecoin Giant Tether hired former Executive Director Crypto Council White House Bo Hines as his new strategic consultant for digital assets and strategy of the US and signaled pressure to expand the largest economy in the world.
Tether, issuer USDT (USDT) Stablecoin, appointed Hines to directly involve and coordinate the US strategy and expansion as part of its main focus with immediate effect, according to Tuesday’s notification shared with Cointlegraph.
Hines previously served by President Donald Trump, where he worked on initiatives to support digital assets, set the railing for Stablecoin issuers and developed cooperation between the government and the blockchain industry.
In his new role, Hines will cooperate with the Tether team leader to enter the US market and the cultivation of “constructive relations” with politicians and participating parties in the field.
Hines’s “deep understanding of the legislative process in combination with his passion for practical blockchain adoption makes him invaluable because Tether enters the largest market in the world,” said Paolo Ardoino, Tether CEO and added:
“The appointment of Bo shows our commitment to build a strong presence based on the US, which extends across various sectors, starting with digital assets and expanding new opportunities, including a deep focus on potential further investment in domestic infrastructure.”
Tether Investments have already reinvested nearly $ 5 billion to the US economy. The aim of adding Hines is to “strengthen” this commitment and alignment with the US market, the announcement said.
Ethena exceeds the cumulative revenue of $ 500 million because synthetic stablecoins gain land
Ethena Labs said on Thursday that its Ethena protocol generated cumulative revenues of more than $ 500 million. The growth of income and circulating offers of its synthetic stablecoin, Ethena Usde (USDE) has accelerated since July because synthetic stablecoins gain market share.
Ethena Labs has shared messages via X post and said it reached $ 13.4 million in the last week and the delivery of USDE achieved a maximum of $ 11.7 billion.
“Ethena’s revenue was led by a strong inflow to USDE and favorable market conditions that have intensified the revenues from its Delta-Neutral Secure Model model,” said Ethena Labs Caintelegraph spokesman. “The Momentum of the Protocol reflects the growing demand and confidence in us as a storage of value.”
According to In order to defile the financial analytical platform Defillama, Ethena Use had the third largest market capitalization of all stablecoins at the time of writing. It also had the highest market capitalization between synthetic stablecoins. In the past month, the market limit Ethena has grown by 86.6%.
Together with Ethena Usde, they get other synthetic stablecins on the market and market share. Sky Dollar (USDS) that drives the Sky ecosystem and is an upgraded version of DAI (Dai), recorded a 14% increase in the market ceiling. Falcon USD (USDF), a synthetic dollar created by Falcon Finance, noted that its market cap would jump 89.4%.
Synthetic stablecoins have advantages and risks. Because they are not secured by physical assets, they may have lower transaction costs. There is also a risk of instability and de -degging, which can lead to significant losses of investors.
Overview of the market defined
According to data from COINTELEGRAPH Markets for And TradingView, most of the 100 largest cryptocurrencies of market capitalization ended in red for a week.
MEMECOIN platform Pump.fun’s (Pump) Token dropped by more than 22%, which meant the biggest drop in the week, followed by the SPX6900 (SPX) Token, in the last week a decline by more than 18%.
Thank you for reading our summary of the most influential development of this week. Join us next Friday and get more stories, knowledge and education concerning this dynamically advancing space.
