26 Apr 2025, 21:00

Defi Development Corp Plans $1 Billion Offering to Expand Solana Holdings

Defi Development Corp files for $1B in securities to boost Solana holdings and growth. The company plans to use the raised funds for general purposes and to acquire more SOL tokens. Defi Development Corp aims to build a SOL reserve, signaling a shift toward digital assets. Defi Development Corporation, previously known as Janover, has submitted a registration statement to the SEC to offer public securities worth $1 billion. The securities the company intends to offer include common stock, preferred stock, bonds, notes, and warrants. Some of the funds will be used to acquire more SOL tokens as part of the firm’s new treasury management strategy. The filing also includes the resale of more than 1.2 million common shares of stock, originating from a prior $41.95 million convertible note offering. The company has stated that the funds raised will be used for general corporate purposes and the purchase of additional SOL tokens, thereby enhancing the pool of tokens available for staking and growth. It has not been clear when the offering will take place, as it is awaiting approval. (adsbygoogle = window.adsbygoogle || []).push({}); New Treasu… The post Defi Development Corp Plans $1 Billion Offering to Expand Solana Holdings appeared first on Coin Edition .

26 Apr 2025, 20:37

Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out!

The post Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out! appeared first on Coinpedia Fintech News Jed McCaleb’s departure from Ripple in 2014 has long been the subject of speculation. Many believed it was the end of his involvement with the company, but what if it wasn’t a breakup? What if Jed’s split was a strategic move, part of a bigger plan to create a parallel blockchain system? Ripple & Stellar: Split That Wasn’t a Split Jed McCaleb, one of Ripple’s co-founders, was key in designing XRP’s early framework. He helped build XRP’s architecture and contributed to Ripple’s initial success. After some disagreements, Jed McCaleb left Ripple in 2014 and quickly started Stellar (XLM). (1/ ) Jed Didn’t Leave Ripple. He Was Assigned to Start Stellar. You were told it was all falling out. But what if Jed McCaleb’s split wasn’t a breakup… It was a deployment? And what if XRP and XLM were never rivals — but two arms of the same global plan? Let’s dive deep: pic.twitter.com/0v53GExE3j — Stellar Rippler (@StellarNews007) April 26, 2025 While many thought it was a breakup, the timing looks more like a planned move. It happened just as Ripple was growing in the world of big finance and global payment systems. Eventually, if we look at the timing of Jed’s departure, it aligns perfectly with Ripple’s institutional expansion, the rise of the ISO 20022 standard , and discussions by global financial bodies like the IMF, the BIS, and the WEF about the future of payments. This suggests that Jed wasn’t leaving; he was deployed to launch the second half of a global payment solution. XRP and XLM: Complementary, Not Competitive Ripple’s XRP and Stellar’s XLM were never rivals; they were two parts of the same global plan. XRP focuses on improving liquidity, enabling cross-border payments, and supporting central bank digital currencies (CBDCs) in the financial industry. On the other hand, Stellar works on bringing blockchain technology to underserved communities, humanitarian efforts, and retail stablecoin transactions. Strategic Partnerships on Both Sides Both Ripple and Stellar have quietly secured powerful partnerships. Ripple works with major financial institutions like Bank of America and SBI, supporting international banking systems. Meanwhile, Stellar is closely tied to humanitarian projects, with the United Nations using it for blockchain-based aid and Franklin Templeton using it for tokenizing assets. Jed McCaleb’s exit from Ripple wasn’t an accident; it was part of a well-timed plan. As Ripple focused on the institutional side, McCaleb’s Stellar project set out to bring the power of blockchain to the people.

26 Apr 2025, 18:43

XRP aiming for $5? Analysts say this rival $0.07 altcoin could be hot on its heels

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP faces setbacks from the SEC and outdated frameworks, while Remittix emerges as a new leader in cross-border payments. Table of Contents XRP: XRP price suffers from SEC overreach Remittix: Global cross-border payment champion Conclusion XRP is one of the few cryptocurrencies that has actual utility. However, that utility has never been applied. There are two reasons for this. The first is the SEC, which spoiled XRP’s fun and the second is that XRP tries to play within existing frameworks when an entire industry overhaul is needed. While Ripple’s enthusiasts claim that the XRP price can reach $5.00, the market is much more conservative, especially in light of Remittix , a new PayFi token that is already showing XRP how cross-border payments should be made. You might also like: Investors rush to Remittix presale, Dogecoin and Solana could fall up to 30% in April XRP : XRP price suffers from SEC overreach The XRP price should have been at $5.00 by now. Instead, it’s at less than half of that. The obvious reason for the low XRP price is the vindictive nature of the SEC case against Ripple Labs. The SEC has tied up XRP in a lawfare suit, which has stymied growth. This is evident in how XRP exploded right after Trump got elected and the writing was on the wall for the SEC. But why has XRP not gone further yet, even now that it is free to roam? The other thing suppressing XRP’s hopes of $5.00 is that it is playing within the system. XRP was designed for cross-border payment and to do that, it works within the global banking system. This is not a great plan, as crypto’s entire ethos is to break existing structural systems , and the international banking system is one of the things crypto aims to subvert. While it is true that there are still miles to go before crypto will get there, crypto enthusiasts do not want to play within the sandbox. This is where XRP loses out and Remittix starts pulling ahead. Remittix : Global cross-border payment champion Remittix does not play within the system; it uses it to its advantage. In doing so, Remittix does what XRP never could: give its users a pain-free way to make quick and easy cross-border payments. With Remittix, users can use crypto to facilitate fiat payments. In an unprecedented development, Remittix is now providing the world with crypto-to-fiat payment systems. Using cryptocurrency, users can pay into almost any bank account worldwide. Remittix payments clear almost immediately, cost a fraction of a bank transfer and avoid the bureaucratic red tape associated with international payments. This is what crypto was intended for and Remittix is now leading the charge to become the number one cross-border payment provider, leaving the XRP price to flounder in the cold. Conclusion XRP has high hopes, but SEC overreach and Ripple Labs’s insistence on working from within the system kept the XRP price low. XRP is not without its merits; it is the fourth-largest crypto by market cap, but at the end of the day, a system is only as good as its outcome and XRP’s use case has not been proven in the real world. Even YouTube agrees : Remittix is the one to watch. In contrast, Remittix’s use case has and it already can be used for payments. The investment news is that Remittix is now in presale and available at only $0.0757. The potential here is apparent and enormous and this seven-cent token stands a chance of reaching the $5.00 mark before XRP does. To learn more about Remittix, visit the Remittix presale and join the online community. Read more: Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

26 Apr 2025, 18:40

Bitcoin-Friendly Senator Warns Against the FED’s Trap for Cryptocurrencies

US Senator Cynthia Lummis, one of the main representatives of cryptocurrencies in Congress, has slammed the Fed’s recent move to withdraw key guidelines on cryptocurrencies, describing it as “empty talk” that does not bring any real progress to the digital asset industry. The Federal Reserve on Thursday rescinded a series of Biden-era letters and joint statements that discouraged banks from engaging with crypto customers. The decision was welcomed by some in the crypto community as a sign of the changing regulatory landscape under the Trump administration. But Lummis warned that the gesture lacked substance and failed to address broader challenges still facing the industry. Related News: Bloomberg Analyst Mike McGlone Warns About Bitcoin and Cryptocurrencies “The Fed’s actions yesterday in withdrawing its crypto guidance are just lip service,” Lummis said in a statement on X. “The Fed has stifled companies in the sector and harmed American interests by stifling innovation and shutting down businesses. This fight is far from over.” Despite backtracking on previous guidance, the Fed stopped short of rescinding a key 2023 letter requiring state-affiliated banks to seek approval before offering crypto services, a move that Lummis and industry experts say perpetuates regulatory uncertainty. “I will continue to hold the Fed accountable until the digital asset industry receives more than a life jacket,” Lummis said. Lummis also said the Fed continues to use so-called “reputational risk” to justify denying access to banking services, a tactic critics claim is used to marginalize legal but controversial industries, including cryptocurrencies, without a clear financial justification. *This is not investment advice. Continue Reading: Bitcoin-Friendly Senator Warns Against the FED’s Trap for Cryptocurrencies

26 Apr 2025, 18:28

Robert Kiyosaki’s portfolio performance since trade war started

Summary ⚈ Kiyosaki’s Bitcoin, gold, and silver picks showed mixed results amid Trump’s 2025 trade war. ⚈ Gold surged 18%, Bitcoin dipped 9.7% but stayed resilient, and silver rose 4.5%. ⚈ Kiyosaki urges investors to buy, claiming the market crash has already begun. Since the onset of the trade war initiated by President Donald Trump on February 1, 2025, Robert Kiyosaki’s recommended investment portfolio, centered on Bitcoin ( BTC ), gold , and silver , has shown mixed results. Notably, the trade war began when President Trump signed executive orders imposing 25% tariffs on imports from Canada and Mexico and a 10% tariff on Chinese imports. These measures have rattled both the equities and cryptocurrency markets , influencing the performance of Kiyosaki’s favored assets. It’s worth noting that Kiyosaki, a long-time advocate for alternative assets, has promoted Bitcoin, gold, and silver as hedges against inflation and currency devaluation. Below is how the assets have performed since the trade war began. Bitcoin (BTC) Bitcoin kicked off February 1, 2025, priced at $104,402. As of press time, the leading digital currency had dropped roughly 9.7% to $94,300. Much of the decline can be traced back to market turbulence sparked by the uncertainty around tariffs. Bitcoin YTD price chart. Source: Finbold Despite the overall drop, Bitcoin has shown resilience compared to equities amid the trade tariff-induced uncertainty, remaining within a trading range of $80,000 to $90,000. Currently, Bitcoin is experiencing a short-term rebound after signs emerged that U.S.-China trade tensions may be easing. Looking ahead, analysts remain optimistic, projecting that Bitcoin could climb as high as $140,000 to $200,000 before the end of the year. On the same note, Kiyosaki predicts that Bitcoin will likely trade at $1 million by 2035. Gold Gold, meanwhile, has outperformed expectations, surging amid growing market anxiety. After starting at $2,814 on February 3, the precious metal jumped nearly 18% to $3,319 by press time. Gold YTD price chart. Source: TradingView The threat of supply chain disruptions and inflationary pressure caused by tariffs has renewed gold’s safe-haven appeal, pushing it to a record high of $3,500 as investors sought refuge from market chaos. Silver Finally, silver’s rally has been far less dramatic. The metal increased from $31.58 on February 3 to $33, marking a 4.5% gain. Silver YTD price chart. Source: TradingView Silver’s modest gains reflect its unique position as both a precious metal and an industrial staple, which has kept it resilient through economic uncertainty and rising demand. Kiyosaki’s promotion of silver emphasizes its affordability compared to gold and its potential to benefit from economic uncertainty and industrial demand. Indeed, the Rich Dad Poor Dad author has maintained that the highlighted assets have the potential to protect wealth in the event of a market crisis. To this end, the investor has maintained that his long-predicted market crash has already arrived, calling on investors to take advantage of the opportunity and buy during the dip. Featured image via Shutterstock The post Robert Kiyosaki’s portfolio performance since trade war started appeared first on Finbold .

26 Apr 2025, 18:20

JPMorgan Chase, Bank of America CEOs Dump $268,628,928 of Shares in Their Own Companies in Just Four Months

JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan are unloading massive amounts of personal equity in their companies. According to the financial data miner SecForm4.Com, the most recent transactions happened this month, when Dimon and Moynihan sold off stocks worth a combined $32.18 million in the two banks they respectively run. Starting with the JPMorgan Chase CEO, Dimon sold 133,639 shares of the largest US bank by total assets on April 14th, for a total of approximately $31.50 million. In February, Dimon sold 866,361 JPMorgan Chase shares worth approximately $233.78 million when the stock was trading close to all-time high levels. Meanwhile, Moynihan sold $679,717 in Bank of America shares on April 17th. The Bank of America boss also sold shares in the second-largest US lender worth $731,563 in March, shares valued at $971,274 in February and stock worth $974,169 in January. Combined, Dimon and Moynihan have sold shares in the two megabanks worth approximately $268.63 million since the year started. While the Bank of America boss regularly disposes of stock in the trillion-dollar lender he leads, Dimon initiated the first-ever sale of the stock he owns in JPMorgan Chase in February of 2024. Over the past 14 months, Dimon has disposed of JPMorgan Chase stock worth $448.26 million. Dimon became JPMorgan Chase CEO in December of 2005. Moynihan has, on the other hand, been selling Bank of America stock every month since July of 2022. He took over as Bank of America CEO in January of 2010. 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: Midjourney The post JPMorgan Chase, Bank of America CEOs Dump $268,628,928 of Shares in Their Own Companies in Just Four Months appeared first on The Daily Hodl .