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✈️ Crypto Adoption is Ready to Take Off

✈️ Crypto Adoption is Ready to Take Off

MatrixPort to bring in upto $600 million in liquidity to exSat

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The adoption curve seems to be getting steeper with every passing day. The focal point of most major stories today revolved around growth, IRL use cases, and mass onboarding.

Solana’s new phone unveil was the headliner stealer. The product — set to launch in 2025 — has a bunch of cool DeFi features pre-integrated and thousands of people are already waiting in queue to get their hands on it.

Moving on, the government of the US state of Louisiana accepted its first ever payment in crypto. Residents now have the option to use any crypto wallet to pay using BTC, the Lightning Network, and the USDC stablecoin.

Source

Then, of course, Trump stole the show last night by paying for burgers in New York with BTC, becoming the first President — contending, sitting, or former — to publicly use the largest crypto asset’s network.

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TAO/USDT 3D MEXC Log Chart

My AI watchlist is looking pretty green again, and I think TAO is going to command a lot of attention in the upcoming bull run. The community activity and fundamentals have never been stronger. If we can close the weekly above $380 then a run to range highs around $700 is on the cards.

Loads of bullish charts today post the 50 bps rate cut. Watch out for leverage flushes - don’t get liquidated now that the time to make it seems to have arrived. Do less, make more is the mantra for the coming months IMO.

NFA as usual, please do your own research always.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

Digital asset services platform Matrixport and docking layer for Bitcoin scalability exSat are working together to put to sea nBTC — a wrapped Bitcoin alternative.

MatrixPort is expected to bring 5-10k BTC [worth around $300-$600 million] in liquidity to exSat.

The team asserted,

“This partnership propels exSat forward within the ecosystem, bolstering its BTC holdings above that of Lightning Network. exSat now has more TVL than any other Bitcoin sidechain or Layer 2.”

Given the Bitcoin commitment and game-plan, this seems like a promising step forward.

The important bits.

Decentralized AI Platform ChainOpera AI emerges from stealth
Privado ID announces merger with Disco to launch the Unified Identity Protocol
Web3 car rental platform Rentality ties up with Civic to verify licenses and enforce age minimums on the Base network
ICP-based non-custodial Bitcoin token ckBTC to help users bridge to Cosmos via Osmosis
PiP World launches Gold Rush, a clicker game on Telegram

Even more important bits.

Bitcoin goes Presidential: Trump buys Burgers at New York bar using crypto
'Seeker' sets sail: Solana's second crypto phone to launch in 2025
Germany's DZ Bank to offer customers crypto trading via Börse Stuttgart
Commerzbank to offer Bitcoin, Ether trading
Decentraland’s X account gets compromised

Life gets busy so here’s what you’ve missed.

What Is Irys? The Truly Programmable Datachain for DePIN

Podcast/Research/Thought Provoker

If you’ve been desperate for meaningful development amid the current conditions, Irys is surely one that meets the mark. In this article, we touch upon the need for better architecture to enjoy more exotic and foundational applications on-chain.

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