5 must-read articles for the evening | How much money has Trump made from cryptocurrency?

This article is machine translated
Show original
1. Why is it said that the Bitcoin Reserve Act may break the four-year cycle of cryptocurrencies? As more and more people speculate that the incoming President Donald Trump may sign an executive order declaring a Bitcoin reserve on his first day in office, or establish a reserve through legislation during his term, many wonder if this move could lead to a super-cycle in cryptocurrencies. 2. How to earn wETH on Base by trading Gas fees? This year, the community has started to discuss topics related to Gas fee derivatives. In June, Nethermind researcher Finn proposed a model for pricing Ethereum base fee options, which has sparked widespread interest in the community about Gas fee derivatives. This financial instrument provides new means for participants in the Ethereum ecosystem to address the uncertainty of Gas fee volatility, not only helping users hedge the fluctuation of operating costs, but also bringing new speculative opportunities. 3. From community crisis to global brand Pudgy Penguins, how did it turn the table and become an NFT legend? Pudgy Penguins is an iconic NFT project, launched on the Ethereum network in July 2021, with a total of 8,888 unique cartoon penguin NFTs, each with randomly generated features from up to 150 hand-drawn components. These penguins are all unique, as they can have up to 5 randomly generated distinctive features, including special backgrounds, body types, shirts, and accessories. Pudgy Penguins, with its distinctive art style and community strength, quickly became one of the stars in the NFT craze. 4. Hyperliquid: Unraveling the $1.5 billion token airdrop On November 29, 2023, Hyperliquid conducted one of the largest airdrops in cryptocurrency history, distributing tokens worth $1.5 billion. After this event, the media questioned the project's potential shortcomings in decentralization. In the following content, we will present the current status of Hyperliquid through clear and fair indicators, and outline its underlying operating model. 5. How much money did Trump make from cryptocurrencies in two years? It can be said with certainty that Donald Trump himself has not actually signed transactions on Polygon and Ethereum. Nevertheless, those handling crypto projects related to him are still doing their best to make Trump the first on-chain president.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments