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BNB, the native token of Binance, surged by approximately 7.40% to tap $613 on Thursday before recoiling following reports that the Trump family has been exploring a potential investment in Binance.US. According to sources cited by The Wall Street Journal ( WSJ ), Donald Trump’s family members have considered acquiring a stake in Binance’s U.S. division. Discussions reportedly began in 2024, when Binance.US was actively seeking strategic partners to strengthen its position in the American market. While the exact terms of the discussions remain unclear, speculation suggests that the Trump family’s interest in Binance.US aligns with its broader involvement in the crypto space. The family has previously supported blockchain initiatives, including World Liberty Financial (WLFI), a DeFi project. Some analysts believe that any potential deal could integrate WLFI into Binance.US operations. The prospect of the Trump family investing in Binance.US raises concerns over regulatory oversight and political influence. Binance has been under intense scrutiny from U.S. regulators, especially after its 2023 plea agreement in which the company admitted to violating anti-money laundering laws. The settlement led to the resignation of Binance’s former CEO, Changpeng Zhao (CZ), who was sentenced to four months in prison and fined $50 million. Despite his release in September 2023, Zhao remains Binance’s largest shareholder. Some insiders speculate that the Trump family’s involvement could be tied to efforts to secure a presidential pardon for CZ. However, Zhao has categorically denied any discussions with Trump’s family, dismissing the reports as misinformation aimed at discrediting Binance and the broader cryptocurrency industry. “Sorry to disappoint. The WSJ article got the facts wrong…I have had no discussions of a Binance US deal with … well, anyone,” Zhao tweeted shortly after the story broke. He also suggested that journalists had pressured sources to confirm a narrative regarding a potential pardon deal. “More than 20 people have told me they were asked by the WSJ (and another media), ‘Can you confirm that CZ made some deal for a pardon?’…In essence, they tried hard to make a story to report.” He added. “Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the ‘war on crypto’ from the last administration are still at work.” Notably, Trump’s potential involvement with Binance.US could have major implications for U.S. crypto regulations, especially as his administration pushes for pro-crypto policies . It could also open the door for the exchange’s expansion. Recall that in December 2022, Binance.US agreed to acquire Voyager Digital’s assets for $1.022 billion to return cryptocurrency to customers. Although the deal received court approval in April 2023, Binance.US withdrew later that month, citing a “hostile and uncertain regulatory climate” in the U.S.. These conditions could shift if a similar deal were pursued under a more favorable administration.
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Three XRP Major Utilities Nobody Talks About
When discussing Ripple and XRP, the conversation often revolves around cross-border payments. However, according to Crypto Enthusiast All Things XRP, the digital asset is utilized in various industries beyond remittances, including private aviation, real estate, and philanthropy. These use cases highlight XRP’s expanding utility, demonstrating its ability to facilitate transactions efficiently where traditional financial systems face limitations. RIPPLE’S DARKHORSE USE CASES! The XRP Utility Nobody Talks About. When people hear Ripple (XRP), they think cross-border payments. But what if I told you XRP is powering private jet bookings, real estate deals, and even charitable donations? 1⃣ Private Jet Payments… — All Things XRP (@XRP_investing) March 12, 2025 Private Jet Payments: Solving the “Friday Night Problem” One of the lesser-known applications of XRP is in the private jet industry. The aviation company TapJets, often called the “Uber of private jets,” has integrated XRP as a payment option for last-minute flight bookings. All Things XRP noted, “Banks don’t process payments on weekends, but XRP settles in seconds.” This feature is useful for high-net-worth individuals and businesses that require immediate flight bookings outside standard banking hours. Before the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple, XRP accounted for 48% of TapJets’ transactions. This statistic underscores its effectiveness in meeting real-world payment demands where traditional systems fall short. Real Estate Tokenization: Revolutionizing Property Transactions The real estate sector is also exploring XRP’s potential through tokenization. In Portugal, the blockchain-based platform ProprHome is utilizing XRP to mint real estate-backed NFTs. This innovation enables properties to be bought, sold, and rented more efficiently by reducing reliance on traditional banking systems. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 All Things XRP referenced Ripple’s Chief Technology Officer in the discussion, stating “Ripple’s CTO predicts this market could hit $30 TRILLION by 2030.” Tokenization could significantly impact the real estate industry by increasing liquidity, streamlining transactions, and minimizing costs associated with intermediaries. Blockchain Philanthropy: Enabling Transparent and Instant Donations Philanthropy is another area where XRP is making an impact. Ripple has actively participated in blockchain-driven charity initiatives, including a donation matching program for wildfire relief efforts in Maui . According to All Things XRP, “Ripple matched $50K for Maui wildfire relief, with XRP donations enabled through The Giving Block.” In addition to these efforts, South Korea’s SK C&C is working on a Ripple-based donation platform. Blockchain technology ensures transparency and efficiency in charitable giving, allowing donors to track their contributions and ensuring that funds reach their intended recipients without unnecessary delays or intermediaries. XRP’s Growing Role Across Industries These applications illustrate how XRP is integrated into various industries beyond its traditional payments association. All Things XRP emphasized, “XRP isn’t just a payments network—it’s transforming entire industries.” From private aviation and real estate to philanthropy, XRP’s ability to facilitate rapid and cost-effective transactions continues to gain traction. As blockchain adoption grows, these alternative use cases may become even more prominent in the financial and commercial sectors. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Three XRP Major Utilities Nobody Talks About appeared first on Times Tabloid . ZyCrypto
Possible Shift in Strategy’s Bitcoin Acquisition Amid Market Headwinds and ETF Outflows
Following Donald Trump’s reelection, Michael Saylor’s Strategy rapidly acquired Bitcoin, but recent market shifts indicate a potential change in approach. Despite being a dominant force in the Bitcoin market, Strategy’s ZyCrypto
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