BTC Trunk

2023-12-27 17:32:03 How Robert Kiyosaki Turned Resources into Riches - Insights from the 'Rich Dad Poor Dad' Author

The Secret's Out!
Investment wizard and "Rich Dad Poor Dad" author Robert Kiyosaki spilled the beans on social media platform X, revealing his wealth-building magic trick: it's all about resources, not tech!

Hitting Paydirt: A Gold Miner's Tale
Kiyosaki reminisces how he struck it rich. Starting out at the Vancouver Resource Investment Conference (VRIC) 25 years ago, he found more than just gold; he discovered a treasure trove of knowledge and experience in resources.

The Golden Tip for Young Investors
One golden nugget of advice from Kiyosaki: keep your ears to the ground and learn from real-life experiences. Out with "fake" textbook knowledge, in with firsthand wisdom from seasoned miners!

Cashing In: Gold, Silver, and... Copper?
At the conference, Kiyosaki isn't just a spectator – he's a player. This year, he's eyeing gold, silver, and copper. His track record? He's already hit jackpot with a silver mine in Argentina and took Trixie Mine public!

Ride the Resource Wave; Grab Gold, Silver, and Bitcoin
The "Rich Dad" isn't just about precious metals. He's also gunning for bitcoin as a top pick for uncertain times. Kiyosaki's mantra: buy now or miss out on the BTC train. Open / Comment

2023-12-26 18:00:11 Billionaire Mark Cuban Offloads Polygon (MATIC) Holdings To Coinbase, Price Fell 5%

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2023-12-24 19:42:01 U.S. Crypto Community Rallies Against Proposed Ban

Cry for Innovation: Digital Currency Aficionados Rebel!
A digital uproar is underway! The "Stop The Crypto Ban" petition on Change ignited by the Chamber of Digital Commerce is erupting like a blockchain volcano. Nearly hitting 10,000 signatures – it's the voice of the people chanting for their crypto rights!

The People's Ledger Against Legislative Battle
“No to the Crypto Ban!” – that's the battle cry of the concerned netizens. Taking a stand against the Digital Asset Anti-Money Laundering Act championed by 19 senators, it's like David vs. Goliath in the digital realm.

Uniting for a Future Woven with Digital Threads
Senator Warren and her posse might have their sights on regulation, but the Chamber is lighting the torches of innovation. They're shouting from the rooftops – "Don't let this bill snuff out America's digital flame!"

Championing the Digital Domain
The chamber isn’t holding back. They’re painting a future splashed with digital currencies enhancing the economy, kindling innovation, and safeguarding user freedom. “We won't vote for any senator backing this bill in its current form,” they vow, defending the digital universe with every signature.

A Call to Dollars and Sense
With a united voice, the crypto crusade demands – "Senators, herald innovation, don't hamper it. Shape the future, don't shrink it." The question now – will the digital chorus sway the hearts of the legislative titans? Open / Comment

2023-12-21 16:01:30 Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption

Ripple’s president, Monica Long, has made some bold predictions about the future of crypto and blockchain over the next 12 months. She highlighted the increasing involvement of traditional financial players in the crypto space, emphasizing partnerships and integrations with crypto-native companies by major names like Fidelity, Blackrock, Paypal, and Visa.

Long envisions a "happy marriage" between blockchain and traditional banks, emphasizing that blockchain will not replace banks but will offer benefits such as instant cross-border payments without hefty fees. She foresees that crypto can provide unparalleled utility for institutions, benefiting both merchants and consumers.

Key Insight: Long emphasized that while many companies appreciate the benefits of crypto, they prefer it to work seamlessly without requiring them to become experts in it. She believes that 2024 could be the breakout moment for institutional adoption of crypto for real-world utility, provided a compliance-first mindset is embraced.

Long predicts that in 2024, the industry will break the speculative hype cycles and pave the way for real-world utility at scale, focusing on compliance, usability, and integration with existing systems. She also anticipates a pioneering breakthrough in compliance for decentralized finance.

Expert Perspectives: Other Ripple leaders and firms such as Bitwise and Vaneck have also shared their crypto outlook for 2024, aligning with Long's vision of the industry's direction.

In summary, Long believes that the current "crypto winter" presents an opportunity for serious builders to work on solving real-world problems in the financial infrastructure with blockchain, emphasizing the need for a compliance-first approach and building compliance tooling in a decentralized environment. Open / Comment

2023-12-21 14:00:08 tea announces full website launch with incentivized testnet right around the corner

tea is a decentralized technology protocol that rewards open-source developers for their software contributions. tea uses blockchain technology to support a digital token known as TEA. The tea protocol was co-founded by Max Howell, the creator of Homebrew—the software package manager used by tens of millions of developers worldwide.

In their latest update, tea announces a trial version will be live soon, and users will have a chance to earn points that may be redeemable for blockchain tokens in the future. They also discuss their tokenomincs and the need for a token. If you have uploaded a package already, you can check to see the teaRank.


Learn more: https://tea.xyz/?utm_source=direct&utm_medium=organic&utm_campaign=test_campaign&utm_kol_name=btctrunk Open / Comment

2023-12-15 16:01:02 Treasury Secretary Yellen's Economic Outlook

In a recent interview with CNBC, U.S. Treasury Secretary Janet Yellen discussed the state of the U.S. economy, emphasizing the progress made in reducing inflation. She also addressed the potential risk of a recession and the likelihood of a soft landing for the economy in 2024.

Inflation and Consumer Spending

Yellen acknowledged that while inflation has come down, there is still work to be done to reach the Fed's 2% target. However, she highlighted the solid nature of consumer spending, indicating optimism for economic stability.

Soft Landing and Growth Outlook

The Treasury Secretary expressed confidence in the U.S. economy's ability to achieve a soft landing, with a reasonable chance of continued growth in 2024. This positive outlook reflects her belief in the gradual improvement of economic conditions.

Interest Rates and Federal Reserve Policy

Yellen discussed the potential for interest rate cuts next year, noting that as inflation decreases, it is natural for interest rates to follow suit. She emphasized the Federal Reserve's dual mandate of managing inflation and economic strength. Open / Comment

2023-12-12 19:19:01 Palau Declares First Phase of Stablecoin Pilot a Success

Results and Popularity of PSC

The pilot, which launched in June 2023 with the involvement of 200 volunteers, used Ripple Ledger technology as a backbone for controlling wallet transactions. The Ministry of Finance (MOF) of Palau informed that more than 700 transactions were completed during this phase, with more than 400 being payments to retail merchants.

Positive Feedback from Participants and Retailers

The report states both participants and retailers had good experiences during the pilot and that PSC was positively received as a digital payment system, even after facing opposition from some government officials.

Plans for Future Phases

While there is no explicit mention of a second phase for the PSC pilot, the MOF stated that “the long-term objective is to implement PSC nationally as a convenient and cost-effective way of payment,” hinting at the continuation of the project in the short term.

Improving Reach and Compliance

For this objective, the pilot will aim to improve its reach, allowing more financial institutions, retail businesses, and individuals to participate in the payments network. The report also calls for the organization of educational campaigns to show the general public the benefits of using this digital cash alternative. Further, the MOF declares that subsequent phases of the pilot will focus on compliance, given that the PSC is a dollar-pegged digitized token.



The first phase of Palau's stablecoin pilot has shown promising results, with positive feedback from participants and retailers. As the project moves forward, the focus on improving reach and compliance, as well as establishing a legal framework for security and transparency, will be crucial for the successful implementation of PSC nationally. Open / Comment

2023-12-09 19:03:03 Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift

Cryptocurrency exchange Binance has reportedly withdrawn its application with Abu Dhabi’s financial regulator. A spokesperson for Binance said on Thursday: "When assessing our global licensing needs, we decided this application was not necessary."

According to Binance’s website, Abu Dhabi-based Binance (AD) Ltd. received conditional financial services permission from the Financial Services Regulatory Authority (FSRA) on Nov. 15 last year to provide crypto custody services. The regulator’s website details: “Binance (AD) Limited is not permitted to deal with retail clients, as defined in the FSRA’s Conduct of Business Rulebook (COBS).”

Last month, Binance founder Changpeng Zhao (CZ) resigned as CEO after pleading guilty to violating U.S. anti-money laundering laws, and the crypto exchange agreed to pay over 4.3 billion as part of the settlement with U.S. authorities.

This year, Binance withdrew from a licensing process in Germany, retracted from Cyprus, and announced its exit from the Netherlands. The decision to withdraw from Cyprus was explained as a strategic move to concentrate on fewer regulated entities in the EU, with a focus on France, Italy, and Spain, in anticipation of the European Union’s crypto asset regulations rollout.

Moreover, regulators in Australia revoked the financial services license of Binance’s derivatives business. In the Philippines, the securities regulator initiated the process of blocking Binance last week.



The Binance spokesperson emphasized on Thursday that the crypto exchange would continue to work with regulators “to provide world-class services and offerings in the Middle East and beyond.” Open / Comment

2023-12-06 18:03:02 Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth 41M From String of 2010 Era Addresses

The famous Bitcoin whale has struck again, transferring 20 block rewards equivalent to 1000 bitcoins (41.87 million). This isn't the first time this whale has made such a move - similar transactions were made at the beginning of the bull market in late 2020 and in 2021.

The whale's activity involved 20 addresses that stored block rewards from as far back as 2010, with each wallet spending 50 BTC at block height 819,796. The addresses were created in August, September, October, and November of 2010.

The total value of the 1000 BTC transferred amounts to 41.87 million, all of which was moved to another wallet. There's a high likelihood that this whale is the same early adopter identified by Bitcoin News back in 2020. From late 2020 to March 2021, Bitcoin tracked this same whale as they spent over 10,000 BTC using identical spending methods.

It's always intriguing when a Bitcoin whale resurfaces, especially one with such a significant amount of BTC from the early days. The mystery surrounding their identity and the reasons behind these large transactions adds an air of excitement to the crypto space.



In conclusion, the resurgence of this mystery Bitcoin whale and their hefty transactions from decade-old addresses has once again captured the attention of the crypto community. Stay tuned for more updates on this fascinating story! Open / Comment

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