Yellow Capital Blog/Weekly Crypto Digest/Weekly Crypto Digest for February 18-25, 2024

Weekly Crypto Digest for February 18-25, 2024

Sunday, February 25, 2024

In the latest issue of Weekly Crypto Digest, read more about how Trump prefers USD over Bitcoin, no more USDC on Tron, Reddit invested in crypto, and more news.

Trump discussed the future of Bitcoin in the US and named his favorite currency

Trump prefers dollars over BTC

The former president of the United States and the leader of the Republican Party, Donald Trump, said that the current development of Bitcoin will require the introduction of specialized regulation by the authorities. According to him, BTC has acquired a life of its own.
At the same time, the politician is still deciding whether to accept Bitcoin as a means of payment in the United States. Trump emphasized that he always liked the dollar.

The FixedFloat crypto exchange was hacked for $26 million

The team of the cryptocurrency exchange FixedFloat confirmed the hack, which resulted in losses of at least $26 million in Bitcoin and Ethereum.
​Since February 17, some platform users began to report suspension of transactions and loss of assets. FixedFloat initially cited technical issues.

Drive organic growth for your tokens with Yellow Capital's Crypto Market Making services.

Our team of experts specializes in creating a sustainable and profitable crypto market for your tokens through our proven strategies including crypto market makingalgorithmic trading, liquidity provision, token growth, and crypto exchange listing.

Yellow's algorithmic trading infrastructure can connect to over 100 exchanges, and our constantly evolving architecture is compatible with all major Blockchain protocols.

Schedule a Call now with Yellow Capital



Reddit invested in BTC, ETH, and MATIC

The Reddit platform has filed an application with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO). The documents indicate that the platform invested in some crypto assets.
In particular, Reddit acquired bitcoins (BTC) and Ethereum (ETH). In addition, the platform indicated that it additionally owns a certain amount of Polygon (MATIC) tokens.
They, as well as part of Ethereum (ETH) coins, were received "as payment for the sale of virtual assets." In addition, in the documents, Reddit indicated that it does not exclude the possibility of further investments.
​According to the statement, the net book value of this portfolio is "insignificant." However, the platform did not disclose the exact amount.

customer1 png

Hi, I am Alexis Yellow

Chairman of Yellow Capital

Are you ready for a wild career transition? I went from launching rockets into outer space at the European Space Center to helping Token Issuers launch their Crypto Projects!

Yellow Capital provides advisory services, strategic investments, and prime crypto market making.

Join me on this journey as I share my experiences and expertise in the crypto world, and maybe we'll even launch a few successful projects together!

1 png

Investment

Private Rounds

- Early stage pre-listing
- Investment and Incubation

Market Making

Token Issuers

- We are Prime Market Makers for the projects we invest into.

Increase Your Cash Flow

Listed Tokens

- We buy up to $5,000,000

Exclusive For the Projects We Invest In

Get Free Market Making

Our investment strategy involves providing deep liquidity crypto market making to the projects we invest in. This approach allows us to ensure continuous and substantial liquidity in exchanges. By doing so, we aim to increase market efficiency and reduce price volatility. We help to stabilize prices and reduce the bid-ask spread, which can lower transaction costs for traders. This usually attracts more traders to the markets, by making it easier and less risky to trade your token which can help to increase the overall liquidity and trading volumes both for the benefit of traders and issuers. However, we recognize that providing liquidity also comes with potential risks, which we carefully evaluate and manage as part of our investment decision-making process.