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🏧 Trump's Crypto Cash Out
We're recapping February with developments that are shaping the world of fintech and crypto. Dont miss number 5.
Sebastian Soran
March 16, 2024
Happy Saturday, Zingernation! February felt like it flew by in the blink of an eye even with leap day. With that said, we’re highlighting the top trending stories in the fintech and crypto verticals on our site. In today’s edition:
Lawmakers near finalizing Stablecoin Regulation Bill.
Edward Snowden called Bitcoin the most significant monetary advancement since the invention of coinage.
If you invested $1,000 in Donald Trump NFTs, this is how much you would have today.
Plus, our partner is outlining 5 lazy ways to make extra cash by doing (almost) nothing.
And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.
TOP STORY #1
Rep. Maxine Waters (D-Calif.) said in an interview that a deal on the stablecoin bill is nearly complete. This comes after several months of discussions with the head of the House Financial Services Committee, Patrick McHenry. At the heart of these discussions is how much power the Federal Reserve should have over stablecoins, including the ability to make rules about how they are issued. Click here to read more.
TOP STORY #2
Data from social analytics firm LunarCrush revealed an increase in Dogecoin’s social media presence, with a 600% rise in its “social dominance score” recorded within a single day. Social dominance calculates the “share of voice” across all social media data. Click here to learn more.
TOGETHER WITH FINANCE BUZZ
Feeling lazy but still want to earn some extra cash? We've done our research and found some unusual (but legit) ways that people can stack their bank accounts without having to leave their house. Some will help you save. Others will help you pad your wallet right away.
If your bank account could use a boost but you don't want to start a second job, then these could be right for you.
TOP STORY #3
In early 2024, over several weeks, former president Donald Trump sold more than 1,000 Ethereum (ETH) tokens, according to Arkham Intelligence, a blockchain analytics company. Arkham Intelligence has been tracking Trump's ETH wallet, which they first obtained through financial filings and disclosures from the former president. Learn more here.
TOP STORY #4
Pseudonymous Erik Stevens, a self-proclaimed "eccentric multi-millionaire," updated his followers on achieving a "1,024X" on MAGA Memecoin. Keep reading here.
TOP STORY #5
Edward Snowden, the renowned former National Security Agency contractor, expressed his unwavering support for Bitcoin, calling it the most significant monetary advancement since the invention of coinage. Read more here.
TOP STORY #6
A collection of Donald Trump NFTs launched in December 2022 and sold out in less than one day. Looking back at the launch and how much an investment in the NFTs is worth 14 months later. Find out here.
TOP STORY #7
Trump Said He Won't Allow CBDCs, Now His Party Is Proposing A Bill To Halt The Introduction Of Such 'Programmable Money'
GOP senators have proposed a bill that would ban the use of official cryptocurrencies supported by central banks. These digital assets, known as Central Bank Digital Currencies (CBDC) or stablecoins, have been under the Biden administration’s scrutiny and the Federal Reserve’s study, reported The Hill. Click here to keep reading.
TOGETHER WITH FINANCE BUZZ
Feeling lazy but still want to earn some extra cash? We've done our research and found some unusual (but legit) ways that people can stack their bank accounts without having to leave their house. Some will help you save. Others will help you pad your wallet right away.
If your bank account could use a boost but you don't want to start a second job, then these could be right for you.