🔥 TikTok US on the blockchain? The co-founder of Reddit wants to revolutionize social media!
Welcome to the Daily Tribune of Thursday, March 06, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Thursday, March 06, 2025, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
⚠️ Solana: A vote could reduce validator revenues by 95%!
Solana validators will vote on March 6, 2025 on two major proposals that could radically change the distribution of rewards. SIMD 0123 would impose an automatic redistribution of priority fees to stakers, while SIMD 0228 would adjust SOL inflation based on the percentage of staked tokens. These measures could reduce validator revenues by up to 95%, making it difficult for small operators to survive. If these proposals pass, Solana risks centralizing around large validators like Coinbase and Binance. 🔗 Read the full article
🏦 Blockstream launches a Bitcoin lending market without selling!
Blockstream is revolutionizing the sector by launching three new funds allowing investors to borrow dollars using their BTC as collateral. This initiative allows Bitcoin holders to keep their positions while obtaining liquidity, thus avoiding the tax implications of a sale. Another fund will invest in the Lightning Network, transforming BTC into a passive income-generating asset. With this approach, Blockstream wants to position Bitcoin as the backbone of a parallel financial system, shielded from short-term speculation. 🔗 Read the full article
🎥 The co-founder of Reddit wants to buy TikTok US and move it to the blockchain!
Alexis Ohanian, co-founder of Reddit, announced his intention to participate in the purchase of TikTok US, under the threat of a ban by the Trump administration. His project aims to integrate blockchain via the Frequency protocol on Polkadot, allowing content creators to retain control of their data and audiences. This purchase is part of a geopolitical battle between Washington and Beijing, where several giants like Elon Musk are also said to be interested. If the deal is successful, it would be the first major social platform moved to the blockchain, marking a significant advance for Web3. 🔗 Read the full article
🚀 Pi Network surpasses Hedera and climbs to 11th place among cryptos!
As the crypto market plunges, Pi Network surprises by jumping 11.11% over the week, reaching a market cap of $12.02 billion, surpassing Hedera (HBAR). This rally is fueled by rumors of a listing on Binance, with strong community mobilization under the hashtag #ListPiOnBinanceNow. The approach of Pi Day (March 14) could further energize the project, but analysts warn of a sharp pullback if the listing does not materialize. 🔗 Read the full article
The crypto of the day: NEAR Protocol (NEAR)
NEAR Protocol is a layer 1 blockchain platform designed to be a community-managed cloud computing platform. It aims to eliminate some of the limitations that have hindered competing blockchains, such as low transaction speeds, low throughput, and poor interoperability. This creates an ideal environment for decentralized applications (dApps) and offers a platform accessible to developers.
The native token of NEAR Protocol, NEAR, is used to pay transaction and storage fees on the platform. NEAR holders can also participate in the consensus mechanism by delegating or staking their tokens, thus contributing to network security while earning rewards. Additionally, NEAR serves as a governance token, allowing holders to participate in decisions regarding the evolution of the protocol. The initial distribution of NEAR took place during the mainnet launch in April 2020, with a total supply of 1 billion tokens.
Recent performances:
Current price: €3.14 (approximately $3.40)
24-hour change: +6.20%
Market capitalization: €3.88 billion
Rank on CoinMarketCap: #29
Donald Trump's crypto summit: A major turning point for the industry?
On March 7, 2025, the White House will host a historic summit on cryptocurrencies, bringing together the major players in the industry and representatives from the U.S. government. Organized under the impetus of David Sacks, a leading advisor to Trump on crypto and AI, this event could mark a turning point for regulation and adoption of digital assets in the United States.
An unprecedented gathering of crypto ecosystem leaders
This summit will bring together key figures in the industry, including:
Brad Garlinghouse (CEO of Ripple)
Michael Saylor (Executive Chairman of Strategy)
Sergey Nazarov (co-founder of Chainlink)
JP Richardson (CEO of Exodus)
The goal is to establish a direct dialogue between the industry and the Trump administration to:
Clarify the regulatory framework for cryptos in the United States
Encourage innovation while protecting investors
Clarify the legal status of digital assets
Promote institutional adoption of Bitcoin and other cryptos
This summit comes after the announcement of a study on the creation of a U.S. strategic reserve that could potentially include Bitcoin, XRP, Solana, and Cardano.
Strategic decisions expected for the future of Bitcoin and cryptos
Since his return to the White House, Donald Trump has already shown signs of openness to the crypto industry:
The SEC has dropped several investigations against blockchain companies
The Republicans propose banning central bank digital currencies (CBDCs)
Discussions are underway regarding the taxation and regulation of stablecoins
During this summit, several major announcements are expected:
Clarifications on the U.S. strategic crypto reserve project
Regulation of stablecoins and clarification of the status of cryptocurrencies
Possible tax relief for crypto payments
Unlike traditional Congress hearings, often viewed as confrontations, this summit presents itself as a constructive exchange between the industry and the government.
Towards accelerated institutional adoption of cryptos in the United States?
This summit could lay the groundwork for more favorable regulation of cryptocurrencies in the United States. By positioning himself as a potential supporter of the sector, Donald Trump could attract numerous institutional investors and place the United States at the forefront of the global crypto revolution.
The decisions made during this event will have a major impact on the future of cryptos, both in the United States and around the world. March 7 could mark a key date in the history of Bitcoin and digital finance.
