Trump no longer anti-Bitcoin, says he can ‘live with it’.

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Trump Takes Step Back from Bitcoin Dismissal, Acknowledges Growing Popularity

In a surprising turn, former US President Donald Trump has softened his previously critical stance on Bitcoin. During a recent interview with Fox News, he stated that "more people want to pay in Bitcoin" and that he can "live with it one way or the other." This shift in tone has sparked discussions among cryptocurrency enthusiasts and mainstream audiences alike.

While acknowledging the need for some regulation, Trump's remarks suggest a more nuanced perspective on the digital currency. He recognizes Bitcoin's growing popularity and its adoption as a form of payment, stating that "a lot of people are doing it" and that it "has taken a life of its own."

This shift in stance comes after Trump previously expressed skepticism about Bitcoin, calling it a "scam" and questioning its legitimacy. The reasons for his change of heart remain unclear, but it could be due to several factors:

• Increased mainstream adoption: Bitcoin has seen significant growth in institutional adoption and mainstream awareness in recent years.

• Potential political gains: Recognizing the growing interest in cryptocurrency among certain voter demographics could be a strategic move for Trump.

• Shifting personal views: It's also possible that Trump's understanding of Bitcoin and its potential has evolved.

While the full implications of Trump's statement are yet to be seen, it undoubtedly adds another layer of complexity to the ongoing debate surrounding cryptocurrency regulation and its future within the global financial landscape.

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Solana NFTs Boom: Sales Volume Hits $5 Billion, Traders Flock In

Hold onto your crypto wallets! Solana-based non-fungible tokens (NFTs) just smashed their all-time sales record, hitting a staggering $5 billion in total. This explosive growth, fueled by a surge in trading activity over the past four months, shows Solana's NFT ecosystem is hotter than ever.

Key Highlights:

• $5.01 billion in total sales volume: This surpasses the previous record, marking a significant milestone for Solana NFTs.

• 2.2 million buyers and 1.6 million sellers: A vibrant community of traders is powering this growth.

• 43 million transactions: The number of NFT transactions on Solana is skyrocketing, indicating high engagement.

• Over $1 billion in sales volume in the past 9 months: This sustained momentum suggests a strong future for the platform.

While January saw a slight dip, February is on track for another strong month with $161 million in sales so far. This indicates continued buyer interest and potential for further growth.

What's driving this boom?

• Solana's scalability and low fees: Compared to Ethereum, Solana offers faster transaction speeds and lower costs, attracting both creators and collectors.

• Evolving NFT ecosystem: Diverse projects, from art and collectibles to gaming and music, are attracting a wider audience.

• Growing awareness and adoption: As NFTs gain mainstream attention, more people are discovering the unique offerings on Solana.

Is this the peak? Only time will tell. However, with a thriving community, innovative projects, and a strong underlying technology, Solana's NFT ecosystem is poised for continued success.

Kraken Fights Back: Crypto Exchange Challenges SEC Lawsuit, Demands Clarity

Cryptocurrency exchange Kraken is firing back against the US Securities and Exchange Commission (SEC) lawsuit accusing it of operating unregistered securities. In a February 22nd blog post, Kraken filed a motion to dismiss the charges, arguing that:

1. Fear of Retaliation for Speech: "Crypto innovators shouldn't fear retaliation for their political speech," the post declares, implying the SEC's lawsuit is politically motivated. This raises concerns about the potential chilling effect on innovation in the digital asset space.

2. Lack of Clear Regulation: Joining similar actions by industry giants like Coinbase and Binance, Kraken argues current regulations are outdated and don't adequately address the unique characteristics of digital assets. They urge Congress to step in and establish clearer rules for consumer and investor protection.

3. Case for Dismissal: Kraken's motion seeks dismissal based on the argument that their services do not qualify as securities offerings under current regulations. This legal battle could set a precedent for how the SEC regulates cryptocurrency exchanges in the future.

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