Market Highlights
Trump Concludes Digital Asset Summit Speech Without New Policies
Former U.S. President Donald Trump wrapped up his brief 2-minute address at the 2025 Digital Asset Summit without unveiling new policies. He emphasized:
- Advocating for congressional legislation to establish clear rules for stablecoins and market structures.
- Ending the "regulatory war" on cryptocurrencies initiated by the previous administration.
U.S. Initial Jobless Claims Slightly Below Expectations
- Initial claims: 223K (vs. 224K forecast).
- Continued claims: 1.892M (vs. 1.887M forecast).
Arthur Hayes: Rising Bank Credit Supply Index May Benefit Bitcoin
BitMEX co-founder highlighted a positive signal for Bitcoin as his custom U.S. Bank Credit Supply Index trends upward, indicating a shift toward bullish market conditions.
Key Project Updates
Binance Launchpool to List Nillion (NIL)
Details:
- Network: Decentralized platform using blind computation for secure data processing.
Token Metrics:
- Total supply: 1B NIL (inflation-adjusted).
- Launchpool rewards: 35M NIL (3.5% of supply).
- Initial circulating supply: 195.15M NIL (19.52%).
- Trading pairs: NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, NIL/TRY.
👉 Explore Nillion’s Whitepaper
Pump.fun Launches PumpSwap DEX on Solana
Features:
- Zero migration fees (previously 6 SOL).
- Enhanced liquidity and creator revenue sharing.
- Fee structure: 0.25% per transaction (0.20% to LPs, 0.05% to protocol).
TON Foundation Raises $400M+ via Toncoin Sales
Investors include Sequoia Capital, Ribbit, and Benchmark. Funds were acquired in Toncoin, not equity/cash.
Mira Network Testnet Goes Live
- Processes 2B tokens daily.
- Focus: Decentralized AI infrastructure with verified API frameworks.
On-Chain Investigations
ZachXBT Exposes "Hyperliquid Whale" as Alleged Scammer
Findings:
- Wallet 0xf3f linked to William Parker, a convicted fraudster.
- Transactions: $10M profit from 50x leveraged ETH/BTC trades; $9M from BTC short.
- Funds traced to phishing sites and gambling platforms.
FAQs
Q: How does Nillion’s blind computation work?
A: It processes data without revealing inputs, ensuring privacy for decentralized applications.
Q: What makes PumpSwap unique?
A: Direct migration from pump.fun’s bonding curves, stronger liquidity, and profit-sharing for creators.
Q: Is Toncoin’s $400M raise dilutive?
A: No—investors bought existing tokens, not new emissions.