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3,200 Strong: Growing Petition Fuels Demand for Samourai Wallet Developers’ Pardon
The Code on Trial: A Nation’s Crypto Conscience Faces a January Deadline
In a case that has become a lightning rod for the future of financial privacy and innovation in America, two software developers are scheduled to surrender to federal prison in early 2026. Their crime? Writing code. As a petition for their freedom surges past 3,200 signatures, a profound question echoes from the think tanks of Washington to the forums of the Bitcoin community: Will the United States criminalize the keyboard?
Keonne Rodriguez and William Lonergan Hill, the creators behind the privacy-focused Samourai Wallet, were sentenced to five and four years respectively after a plea deal saw them admit to a single conspiracy charge of operating an unlicensed money-transmitting business. The more severe money laundering charge was dropped. Yet, their impending incarceration has ignited a firestorm, framing their sentencing not as a conclusion, but as the opening battle in a war over the soul of open-source development.
The Heart of the Controversy: When is Software a Crime?
At the center of the maelstrom is the Bitcoin Policy Institute (BPI), which has launched a forceful campaign for a full presidential pardon. Their argument strikes at the legal foundation of the case. They contend the Department of Justice has dangerously stretched the definition of a money transmitter beyond recognition.
This prosecution misapplies federal law, argues BPI’s Zack Shapiro. Samourai Wallet is non-custodial software. The developers never held, controlled, or touched their users’ funds. They built a tool, not a bank. The Institute warns that erasing the critical legal line between publishing software and operating a financial intermediary sets a catastrophic precedent. It risks freezing the development of privacy-enhancing tools in the U.S., forcing innovation—and talent—overseas.
A pardon, the BPI states, would restore legal clarity and reaffirm that publishing non-custodial software is not, and should never become, a criminal act.
A Community Rallies: Voices from Bitcoin to the Ballot Box
The call for clemency has united a diverse coalition. From veteran broadcaster and Bitcoin advocate Max Keiser to media entrepreneur Marty Bent, high-profile figures are applying pressure. Walker America, host of The Bitcoin Podcast, directly appealed to the Oval Office: “President Trump should pardon the Samourai Wallet developers. If he truly wants America to be the Bitcoin capital of the world, then our government must not unjustly incarcerate Bitcoin developers.
The outreach has even reached Trump’s inner circle, with Keiser tagging Eric Trump to step it up. Beyond crypto, the Libertarian Party of Oregon has joined the fray, championing the cause as one of free expression with a simple, powerful declaration: Code IS speech!
The Pardon Paradox: Billionaires vs. Developers
This plea for mercy lands on a desk with a unique history. President Trump has already granted several high-profile pardons at the intersection of finance and technology, most notably to Silk Road founder Ross Ulbricht and, explosively, to former Binance CEO Changpeng CZ Zhao.
This track record, however, has sharpened the scrutiny around the Samourai case, creating what some see as a damning paradox. Bitcoin researcher Kyle Torpey voiced a sentiment simmering within the community: The perceived corruption associated with the CZ pardon will look even worse if the Samourai Wallet devs aren’t pardoned for similar charges. How much of a financial contribution does one need to make to receive clemency?
The contrast is stark: a billionaire exchange founder involved in a massive compliance failure receives a pardon, while two open-source developers face years behind bars for creating a non-custodial tool. This billionaire paradox has transformed the case into a potent symbol of perceived inequity in justice.
The Ticking Clock: More Than Two Lives at Stake
As January 2026 approaches, the stakes extend far beyond the fate of two individuals. Advocates argue that the coming weeks will define the regulatory and innovative landscape for years to come. Will the U.S. embrace its potential as a leader in cryptographic innovation, or will it signal to developers that building privacy-preserving tools is a path to prison?
The petition continues to grow. The arguments are filed. The world is watching. The decision now rests in the realm of power, politics, and principle. The code has been written. The judgment on America’s crypto future is about to be delivered.
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2026-01-16 · 19 days ago0 0205Bill Miller IV: Bitcoin Looks Set for Another Major Move
Bitcoin Signals a New Breakout Phase as Institutional Momentum Builds
Bitcoin is once again at the center of global financial discussions, as prominent fund managers and market strategists suggest the world’s largest cryptocurrency is preparing for another major upward move. After months of consolidation and volatility, growing alignment between US regulators, Wall Street institutions, and blockchain innovation is reshaping the long-term outlook for Bitcoin.
According to leading voices in traditional finance, the current market structure does not reflect weakness but rather a reset that could lay the foundation for a powerful rally extending through 2026.
Bill Miller IV: Bitcoin Looks Ready to Move Again
Bill Miller IV, chief investment officer at Miller Value Partners, believes Bitcoin’s technical and structural indicators are lining up for a renewed breakout. In a recent interview with CNBC, Miller explained that Bitcoin’s price behavior shows signs of building strength rather than exhaustion.
He highlighted that Bitcoin has formed a higher base compared to earlier cycles, a key signal often associated with sustained bullish momentum. From his perspective, the market is transitioning from speculative trading toward long-term capital allocation, a shift that fundamentally changes how Bitcoin should be valued.
Miller also emphasized that short-term declines should not distract investors from the broader trend. Bitcoin’s volatility, he noted, has always been part of its identity, and historical data shows that the asset has never experienced two consecutive losing years.
Regulatory Signals Are Turning Into Tailwinds
One of the most significant changes supporting Bitcoin’s outlook is the evolving regulatory narrative in the United States. Statements from US Securities and Exchange Commission Chair Paul Atkins acknowledging that capital markets are moving on-chain have been widely interpreted as a major shift in tone.
Rather than resisting blockchain innovation, regulators now appear more focused on integrating it into existing financial frameworks. This development reduces long-standing uncertainty and encourages institutional participation, which has historically been a major catalyst for large price movements in Bitcoin.
For many investors, regulatory clarity is not just a political issue but a signal that digital assets are becoming a permanent part of the global financial system.
Wall Street’s Deepening Commitment to Blockchain
Beyond regulation, Wall Street’s actions speak louder than words. Financial giants such as JPMorgan and other major institutions continue to build blockchain-based systems for payments, settlements, and tokenized assets.
This growing infrastructure suggests that Bitcoin and blockchain technology are no longer experimental tools but foundational components of future finance. As traditional financial firms allocate resources, talent, and capital to on-chain solutions, Bitcoin benefits from increased legitimacy and long-term demand.
According to Miller, this convergence of technology and finance represents a whole new ballgame compared to previous crypto cycles driven primarily by retail speculation.
Why the Recent Pullback Isn’t a Red Flag
At the time of writing, Bitcoin is trading near $93,700, roughly 25% below its all-time high of $126,080 reached in October. While this decline may appear significant on the surface, many analysts argue it is a healthy correction rather than a sign of structural weakness.
Zooming out, Bitcoin remains up year-to-date and continues to outperform most traditional assets over longer timeframes. Market observers point out that corrections often reset excessive leverage, making future rallies more sustainable and less fragile.
Tom Lee, chief investment officer at Fundstrat Capital, described the late-2025 market shock as a necessary reset that cleared unhealthy leverage from the system, allowing Bitcoin to enter 2026 in a stronger position.
Multiple Scenarios for Bitcoin’s Price in 2026
While optimism is widespread, analysts remain divided on how high Bitcoin could go. Some projections suggest Bitcoin could exceed $150,000 by the end of 2026 as institutional adoption accelerates. Others caution that the macro environment remains unpredictable, placing potential outcomes anywhere between $50,000 and $250,000.
Despite the wide range of estimates, most experts agree on one thing: Bitcoin’s price movements are increasingly driven by long-term capital, institutional strategies, and macroeconomic trends rather than short-lived hype cycles.
This shift suggests that future rallies may be slower but more durable, supported by real-world use cases and financial integration.
The Role of Secure Trading Platforms in the New Cycle
As Bitcoin matures and attracts more sophisticated investors, the importance of reliable trading platforms has never been greater. Choosing the right platform is now a strategic decision, not just a technical one.
BYDFi stands out as a global cryptocurrency trading platform offering access to Bitcoin and a wide range of digital assets through spot and derivatives markets. With professional-grade tools, strong security standards, and a user-friendly interface, BYDFi caters to both newcomers and experienced traders navigating an increasingly complex crypto market.
As institutional interest grows and market volatility creates new opportunities, platforms like BYDFi provide investors with the infrastructure needed to participate confidently in the next phase of crypto adoption.
A Market That Is No Longer Ignorable
Bitcoin’s evolution from a fringe asset to a globally discussed financial instrument is now impossible to ignore. With regulatory momentum, Wall Street involvement, and growing investor awareness, the conditions shaping 2026 look fundamentally different from previous cycles.
Whether Bitcoin reaches new all-time highs this year or continues consolidating, the direction of travel appears clear. Digital assets are becoming embedded within the financial system, and Bitcoin remains at the center of that transformation.
2026-01-08 · a month ago0 0135Bitcoin Supply: Why It Is Lower Than 21 Million
Key Takeaways:
- The theoretical cap of 21 million Bitcoins will never actually be in circulation due to lost private keys.
- Experts estimate that between 3 to 6 million coins are permanently removed from the Bitcoin supply, effectively burning them.
- Institutional accumulation by ETFs and corporations is creating a supply shock on the remaining liquid coins.
Every crypto investor knows the magic number. The total Bitcoin supply is hard-capped at 21 million. It is the most fundamental rule of the protocol, ensuring that no central banker can ever inflate your savings away.
But here is the secret that most new investors miss: There will never actually be 21 million Bitcoins available to buy.
In 2026, the reality of the market is quite different from the code. Through accidents, deaths, and lost hard drives, a massive chunk of the supply has vanished into the digital void. When you adjust for these lost coins, Bitcoin is significantly scarcer than the charts suggest.
Where Did the Lost Coins Go?
In the early days of 2009 and 2010, Bitcoin was practically worthless. People mined thousands of coins on their laptops just for fun. They stored them on old hard drives, reformatted their computers, or threw them in landfills without a second thought.
Because there is no "Forgot Password" button on the blockchain, these coins are gone forever. They are technically still visible on the ledger, but they can never move because the private keys are destroyed.
This isn't a small rounding error. Analytics firms estimate that nearly 20% of the total Bitcoin supply hasn't moved in over a decade and is likely lost. That is roughly 3 to 4 million BTC that are effectively burned.
What About Satoshi’s Stash?
The biggest question mark hangs over the creator, Satoshi Nakamoto. Satoshi is estimated to hold nearly 1.1 million Bitcoin across various early wallets.
These coins have never been touched. Most analysts consider these coins to be out of circulation. If we assume Satoshi is gone or will never sell, the effective cap drops even further.
Instead of competing for 21 million coins, the world is actually fighting over a supply that might be closer to 14 or 15 million.
How Does This Impact the Price?
This reduced supply creates a massive multiplier effect on the price. Economics 101 tells us that price is determined by supply and demand.
We know the demand is skyrocketing. In 2026, we have Spot ETFs, nation-states, and corporations like MicroStrategy buying billions of dollars worth of BTC every month. But they are chasing a Bitcoin supply that is much smaller than they realize.
This is known as a "Supply Shock." When the available inventory on exchanges runs dry, the price doesn't just go up linearly; it goes parabolic. The scarcity is real, and it is more severe than the code suggests.
Is It Too Late to Accumulate?
With the supply shrinking, many worry they have missed the boat. But understanding the lost coins thesis should actually be bullish.
It means that owning even a fraction of a Bitcoin puts you in an even more exclusive club than you thought. You aren't just one in 21 million; you are one in perhaps 15 million. As time goes on, user error will inevitably claim more coins, making the remaining ones even more valuable.
Conclusion
The number 21 million is a theoretical ceiling, not a practical reality. The real Bitcoin supply is shrinking relative to the population. As institutions wake up to this mathematical reality, the rush to secure the remaining coins will only intensify.
Don't wait until the liquidity dries up completely. Register at BYDFi today to secure your slice of the limited supply on a platform built for the future of finance.
Frequently Asked Questions (FAQ)
Q: Can we recover lost Bitcoins?
A: No. Unless the original owner finds their private key or seed phrase, those coins are mathematically locked forever. Even quantum computers are decades away from potentially cracking them.Q: Will the Bitcoin supply cap ever change?
A: It is highly unlikely. Changing the 21 million cap would require a "Hard Fork" and the consensus of the entire network. Miners and nodes would almost certainly reject such a change.Q: How many Bitcoins are left to mine?
A: As of 2026, over 19.8 million Bitcoins have been mined. The remaining supply will be released slowly over the next century until the year 2140.2026-01-26 · 9 days ago0 0116Bitcoin ETF vs. Buying Directly: Which Is Right for You?
With the arrival of regulated spot Bitcoin ETFs, investors now have two distinct paths to gain exposure to the world's leading cryptocurrency. The first is a new, familiar route through a traditional brokerage account. The second is the original, native path of direct ownership. Both are valid options, but they are built on fundamentally different principles and are suited for different types of investors. Choosing the right path is the most important decision you will make. This guide provides a direct, head-to-head comparison to help you determine which is the best fit for your goals.
The Core Difference: Custody and True Ownership
The most significant distinction comes down to one question: do you want to own an IOU, or do you want to own the asset itself? When you buy shares of a Bitcoin ETF, you are buying a security that tracks the price of Bitcoin. A custodian, like Fidelity Digital Assets, holds the actual coins on your behalf. You have a claim on the asset, but you do not have direct control over it. This brings us to the core ethos of cryptocurrency: "not your keys, not your coins."
Conversely, when you buy Bitcoin directly from an exchange like BYDFi and withdraw it to a personal wallet, you hold the private keys. This gives you self-custody—absolute, sovereign control over your asset. You are your own bank, and no third party can freeze or control your funds.
Fees and Long-Term Costs
The cost structures are also fundamentally different. A Bitcoin ETF comes with an Expense Ratio, which is an annual management fee that is automatically deducted from the fund's assets. While this fee may seem small (often under 0.30%), it is a recurring cost that creates a constant drag on your investment's performance, year after year.
Buying Bitcoin directly involves a trading fee, which is a one-time cost incurred when you buy or sell. For long-term holders, this can be a much more cost-effective model, as there are no ongoing management fees for simply holding the asset in your own wallet.
Trading Hours and Market Access
A Bitcoin ETF is a traditional financial product, and it trades on traditional stock market hours, typically from 9:30 AM to 4:00 PM EST, Monday through Friday. The underlying Bitcoin market, however, never closes. It is a 24/7/365 global market. This creates a potential mismatch. Significant price movements can and do happen over the weekend or overnight, but ETF holders must wait for the market to open to react, potentially missing opportunities or being unable to manage their risk. Direct ownership gives you access to the market at all times, just like the asset itself.
The Verdict: Convenience vs. Control
The choice between a Bitcoin ETF and buying Bitcoin directly is a clear trade-off between convenience and control. A Bitcoin ETF is an excellent choice for a passive, traditional investor who values convenience above all, wants to use their existing brokerage account, and is only interested in gaining price exposure without the responsibilities of self-custody.
Buying Bitcoin directly is the superior path for those who believe in the core principles of cryptocurrency. It is for the investor who values self-sovereignty, wants to avoid recurring management fees, requires 24/7 market access, and desires the option to actually use their Bitcoin in the future. To learn more about the specifics of the ETF product, you can read our main guide: [Fidelity Bitcoin ETF (FBTC): A Guide for Investors].
If you believe in the power of direct ownership, BYDFi offers a secure, user-friendly, and highly liquid platform to acquire and hold actual Bitcoin.
2026-01-16 · 19 days ago0 0534Bitcoin Taxes Made Simple: Avoid IRS Fines and Save Thousands
IRS Crypto Trading Nightmares in 2025: How to Avoid Costly Bitcoin Tax Mistakes and Save Thousands
Feeling the Crypto Tax Pressure?
If you’ve been frantically Googling IRS crypto trading or stressing over how to file crypto taxes, you’re definitely not alone. As a U.S.-based crypto trader, I’ve been in your shoes—staring at a chaotic mix of Bitcoin trades, Ethereum swaps, and that one impulsive altcoin purchase that either skyrocketed or tanked. The IRS isn’t exactly sending congratulatory cards for your crypto gains, but they are watching your wallet closely.
With the IRS cracking down harder in 2025, any misstep in reporting your crypto trades could lead to audits, penalties, or fines that could have funded your next trade. Whether you’re a beginner who bought $100 of Bitcoin on BYDFi or a seasoned trader managing complex DeFi positions, understanding how to report crypto on taxes has become absolutely essential.
Why IRS Crypto Rules Feel Like a Minefield in 2025
Imagine you’re a small business owner in California using BYDFi to trade Bitcoin as a hedge against inflation. Last year, you made a modest $5,000 profit, but now you’re staring at a 1099-K from the exchange and wondering if the IRS is about to knock on your door.
The IRS treats cryptocurrency as property, not currency, meaning every trade, sale, or crypto-to-crypto swap is a taxable event. In 2025, reporting requirements are stricter than ever, thanks to updates under the Infrastructure Investment and Jobs Act. That $600 Venmo transaction for Bitcoin? Reportable. Those DeFi staking rewards on BYDFi? Taxable. Ignoring these requirements isn’t just an oversight—it’s a direct path to penalties ranging from 20% to 75% of underpaid taxes.
Understanding What Counts as a Taxable Event
The complexity comes from crypto’s decentralized nature clashing with the IRS’s love for paper trails. If you’re actively trading on platforms like BYDFi, which offers low-fee spot trading and futures, your transaction history can expand quickly. A single day of Bitcoin scalping might create dozens of taxable events.
Common taxable events in 2025 include:
1- Selling crypto for fiat: Any profit from selling Bitcoin or other coins for USD.
2- Crypto-to-crypto trades: Swapping one cryptocurrency for another triggers a taxable event.
3- Spending crypto: Buying a laptop or service with Bitcoin counts as a sale.
4- Staking and airdrops: Rewards are considered ordinary income and taxed immediately.
5- Mining and forks: Any newly earned tokens are taxable based on fair market value.
For example, last year I traded $1,000 of Bitcoin for ETH on BYDFi. My BTC’s cost basis was $800, so I had a $200 capital gain. I also earned $50 in staking rewards, taxed as ordinary income at 24%. That meant roughly $80 owed in taxes, not including state taxes.
Step-by-Step Guide: How to File Crypto Taxes in 2025
Step 1: Gather Your Transaction History
BYDFi makes tax preparation easier with exportable CSV files. Download all trades, staking rewards, and transaction details for the year, including date, type of transaction, USD value at the time, and fees. Fees are deductible and reduce your gains.
If you trade on multiple platforms, consider using crypto tax tools like CoinTracker or Koinly. They integrate directly with BYDFi via API and consolidate your transaction history in minutes, saving hours of manual work.
Step 2: Calculate Gains and Losses
The IRS distinguishes between short-term capital gains (held <1 year, taxed at your income rate) and long-term gains (held >1 year, taxed 0-20%). Ordinary income includes staking, airdrops, and mining rewards.
For example, if you bought 1 BTC at $40,000 on BYDFi and sold it six months later at $60,000, that’s a short-term gain of $20,000 taxed at your income bracket. Add $100 in staking rewards, and that income is taxed separately.
Step 3: Report on IRS Forms
Key forms for 2025 include:
1- Form 8949: Lists every trade with cost basis, sale price, and gain/loss.
2- Schedule D: Summarizes total capital gains and losses.
3- Schedule 1: Reports staking and mining income as other income.
4- Form 1040, Question 1: Check yes for crypto activity, even if you didn’t sell.
Filing deadline for U.S. users is April 15, 2025, or you can request an extension to October. TurboTax and other software support crypto reporting, and BYDFi’s 1099-K helps simplify the process.
Step 4: Pay Taxes or Plan Ahead
Pay via IRS Direct Pay or crypto-friendly services like BitPay. If you expect large gains, make quarterly estimated payments to avoid underpayment penalties. A common recommendation is to set aside 20-30% of profits for taxes.
Why BYDFi Makes Crypto Taxes Easier
BYDFi stands out in 2025 for U.S. and global traders. It offers robust trade history exports, low fees, and clear records for staking and DeFi yields. Its global accessibility supports multiple currencies and complies with KYC regulations, issuing 1099-K forms for qualifying U.S. users. Beginners can start small with $100, while pros can leverage BYDFi’s futures trading, keeping detailed records to stay compliant.
The Verdict: Is Crypto Trading Worth the Tax Hassle?
Crypto taxes are undeniably a headache, especially with stricter IRS rules in 2025. Missing a trade can lead to 20% penalties, and underreporting income could result in fines of up to 75% plus interest. Yet the potential rewards are significant. Bitcoin has risen 50% YTD in 2025, and BYDFi’s leverage tools can multiply gains. With careful tracking, diligent reporting, and the right tools, crypto’s upside can outweigh the tax grind. Using BYDFi and tax software like CoinTracker ensures you stay compliant while maximizing profits.
2026-01-16 · 19 days ago0 0468How to Buy Cheap Crypto Safely Without Falling for Scams
The September 2025 Crypto Market Setup
The crypto market in September 2025 feels electric. Bitcoin has blasted past $115,000, Ethereum is flexing its muscles with new Layer-2 upgrades, and yet the real treasure hunt isn’t in the big names—it’s happening in the shadows, with altcoins trading for pennies. For anyone who has ever typed what cheap crypto to buy now or best cheap crypto under $1 into Google while sipping morning coffee, this moment feels like déjà vu. We’ve seen it before: the quiet buildup before smaller tokens ignite and deliver life-changing gains.
Why Cheap Cryptos Matter More Than Ever
Not everyone can afford to drop thousands into Bitcoin or stack Ethereum like it’s pocket change. Most traders—whether they’re in the US juggling a 9-to-5, in Europe swapping EUR for stablecoins, or in India looking for diversification against rupee inflation—are searching for something more accessible. This is why cheap cryptos matter. With just $50 or $100, you can build exposure to projects that have genuine upside, without feeling like you’ve missed the train.
The Perfect Storm for Undervalued Coins
The beauty of September 2025 is that we’re standing at the perfect intersection of macro growth and grassroots adoption. Institutional investors are pouring billions through ETFs, regulators are finally giving clarity (Ripple’s SEC victory was a turning point), and narratives like AI integration, decentralized gaming, and real-world asset tokenization are firing on all cylinders. Against this backdrop, undervalued coins under $1 are no longer just speculative gambles; they’re potential multipliers.
Hidden Gems Under $1: From Memes to Utility
Take Pepe, for example. A token born from internet memes has transformed into a cultural juggernaut. At just fractions of a cent, it’s gathering a cult-like following that pushes its value far beyond jokes. Analysts are already calling for a sixfold increase by year’s end, fueled by social platforms adopting Web3 models.
Or look at Shiba Inu, once dismissed as a Dogecoin copycat. Today, thanks to its Shibarium Layer-2 network and aggressive burn mechanics, it has morphed into a serious DeFi player, trading at only a shadow of its all-time high. For anyone searching cheap crypto to buy for long-term, SHIB suddenly makes more sense than ever.
And it doesn’t stop there. Gala, a token tied to blockchain gaming, is riding the renewed wave of play-to-earn excitement. At just two and a half cents, it offers a door into the gaming economy that could multiply as adoption spreads across emerging markets.
Kaspa, with its unique BlockDAG technology, is redefining transaction speed, quietly setting the stage to outpace Solana and position itself as the backbone for next-gen payments. At fifteen cents, it feels criminally undervalued.
Meanwhile, AIOZ Network is fusing AI with streaming, an idea that instantly clicks for anyone who understands how massive the creator economy has become. At under half a dollar, it represents the kind of asymmetric bet that crypto is famous for. Then there’s Aergo, building enterprise blockchain solutions while still trading for twelve cents, a classic sleeper token that could quietly triple before most traders even notice. And finally,
Zora is taking Web3 social to a new level, tokenizing posts and creator content, giving everyday influencers and fans the chance to participate in a decentralized economy of ideas.
How to Buy Cheap Cryptos Safely
When you zoom out, what ties all these together isn’t just their price point. It’s the combination of strong communities, innovative use cases, and the current bullish market setup. Cheap cryptos are the playground where new fortunes are made—not because they’re cheap in isolation, but because they offer room to grow when the giants already look stretched.
The big question is: how do you actually buy these coins without falling into traps? Safety and accessibility are everything. Beginners in the US often turn to Coinbase for its simplicity, while European traders lean on Kraken for MiCA-compliant support. Indian users might prefer WazirX for rupee pairs.
But increasingly, traders worldwide are gravitating to platforms like BYDFi, a global exchange that combines security, low fees, and wide token access. Unlike some legacy exchanges, BYDFi is designed for both beginners and professionals, offering derivatives, spot trading, and even copy trading—perfect for anyone who wants exposure to cheap tokens without navigating clunky systems.
Security and Staking: Turning Holding into Earning
Setting up is straightforward: deposit fiat, choose your token, and execute trades with fees often under 1%. For those worried about security, combining BYDFi with a hardware wallet like Ledger offers the best of both worlds—easy trading with institutional-grade protection. And once you’ve bought your coins, don’t let them sit idle. Staking options for tokens like GALA or AIOZ can generate 5–10% APY, transforming passive holding into active earning.
The Risks You Need to Remember
Still, no one should dive in blindly. Cheap crypto doesn’t mean risk-free crypto. Volatility can crush half your portfolio overnight. That’s why risk management matters more here than anywhere else. Diversification is the name of the game: balancing your picks between promising cheap tokens, stablecoins like USDC for safety, and blue-chip giants like Bitcoin for stability. Pair this with stop-loss orders and disciplined profit-taking, and you move from gambling to investing.
Final Thoughts: The People’s Entry Point
What excites me most about this moment is the accessibility. In 2025, anyone with a smartphone and ten dollars can start building a portfolio. A kid in Mumbai, a teacher in Berlin, or a freelancer in New York all have access to the same opportunities, and platforms like BYDFi are leveling the playing field globally. That democratization of wealth-building is what makes crypto special, and why cheap tokens under $1 feel like the people’s entry point into the next financial revolution.
2026-01-16 · 19 days ago0 0558Bitcoin Banks: Why Nations Are Building Strategic Reserves
Key Takeaways:
- Michael Saylor argues that "Too Big To Fail" institutions must evolve into Bitcoin banks to survive.
- Nations can re-capitalize their crumbling balance sheets by adopting a strategic Bitcoin reserve.
- This shift represents a move from crypto anarchy to institutional adoption by global superpowers.
The concept of Bitcoin banks sounds like a contradiction. Bitcoin was invented to destroy the banking system so why would it want to join it? According to MicroStrategy founder Michael Saylor the integration is not only inevitable but necessary for the survival of the legacy financial system.
In his vision the next phase of adoption does not involve buying coffee with Satoshis. It involves the largest financial institutions in the world becoming custodians of digital scarcity. He argues that Bitcoin is not a currency for spending but a superior form of capital for saving.
Why Do We Need Bitcoin Banks?
The global economy is currently drowning in debt. Fiat currencies are losing purchasing power at an alarming rate due to inflation and money printing. Saylor posits that traditional banks are holding melting ice cubes in the form of fiat currency.
By transitioning into Bitcoin banks these institutions can hold an asset that appreciates over time. This allows them to recapitalize their balance sheets. Instead of holding toxic debt they would hold the hardest asset ever discovered.
This offers a lifeline to the "Too Big To Fail" entities. If they embrace digital property rights they can protect their clients' wealth from debasement. If they refuse they risk becoming obsolete as capital flows elsewhere.
What Is a Strategic Bitcoin Reserve?
This theory extends beyond corporations to nation states. The idea of a "Strategic Bitcoin Reserve" suggests that governments should print their local currency to buy Bitcoin. This creates a national savings account that grows faster than the national debt.
We have already seen smaller nations like El Salvador pioneer this model. Now in 2026 the conversation has moved to G7 nations. The race is on to see which superpower will be the first to officially accumulate digital gold.
Saylor compares this to the Louisiana Purchase. It is a moment where a government can acquire a massive amount of valuable land (in this case digital land) for a fraction of its future value.
How Does This Change Custody?
For Bitcoin banks to work custody is king. Saylor argues that most people do not want to manage their own private keys. The risk of losing a seed phrase or getting hacked is too high for the average investor.
He believes the future involves a tripartite system. You will have self-custody for the purists. You will have centralized custodians like BYDFi for traders. And you will have massive institutional banks for generational wealth preservation.
This allows Bitcoin to scale to billions of users. Not everyone needs to be their own bank but everyone needs access to the asset class.
Is This Good for Decentralization?
Critics argue that Bitcoin banks threaten the ethos of crypto. If BlackRock and JP Morgan hold all the coins does Bitcoin lose its soul?
The counter argument is that Bitcoin is permissionless. Anyone can hold it. If banks want to buy it they are free to do so just like anyone else. Their participation drives up the price which rewards the early adopters and secures the network with trillions of dollars in value.
Conclusion
The era of Bitcoin banks marks the final maturation of the asset class. It is moving from the fringes of the internet to the center of the global balance sheet. Whether you are a nation state or an individual the strategy remains the same: accumulate the scarcest asset in the universe.
You do not need to wait for a government mandate to start your reserve. Register at BYDFi today to buy Bitcoin on the Spot market and secure your own financial future.
Frequently Asked Questions (FAQ)
Q: Can banks seize my Bitcoin?
A: If you hold your assets in a custodial bank they technically can. This is why many users prefer self-custody or non-custodial solutions to maintain total control.Q: Why does Saylor dislike spending Bitcoin?
A: He views Bitcoin as property (like a building) rather than currency. You do not spend your house to buy coffee; you hold it for 100 years.Q: What happens if the US creates a Bitcoin reserve?
A: It would likely trigger a massive global supply shock known as "hyper-bitcoinization" as other nations rush to buy before the supply runs out.2026-01-26 · 9 days ago0 073Ready to Jump into Bitcoin? Here’s How to Buy It Fast!
If you’ve been curious about how to buy bitcoin but feel overwhelmed by all the options, you’re not alone. Bitcoin has become a popular investment and payment method, but getting started can seem tricky. Whether you want to buy bitcoin on Cash App, PayPal, or other platforms, this guide will walk you through the process in simple terms, so you can jump in confidently.
Why Buy Bitcoin Now?
Bitcoin is more than just digital money; it’s a way to diversify your investments and participate in the growing world of cryptocurrency. Many people in the U.S. and worldwide are buying bitcoin as a hedge against inflation or to explore new financial opportunities. But before you buy, it’s important to understand the basics and choose the right platform for your needs.
How to Buy Bitcoin on Cash App
Cash App is one of the easiest ways to buy bitcoin, especially if you’re already using it for payments or banking. Here’s how you can buy and send bitcoin on Cash App:
1. Open your Cash App and tap the “Investing” tab.
2. Select “Bitcoin” from the list of options.
3. Enter the amount you want to buy.
4. Confirm your purchase with your PIN or Touch ID.
5. Your bitcoin will be added to your Cash App wallet instantly.
You can also send bitcoin to friends or other wallets directly from Cash App, making it a convenient choice for beginners. Just be sure to avoid unverified bots or scams when sending crypto1.
How to Buy Bitcoin on PayPal
PayPal has made buying bitcoin simple for users who want to stay within a familiar platform. To buy bitcoin on PayPal:
1. Log in to your PayPal account.
2. Go to the “Crypto” section.
3. Choose Bitcoin and enter the amount you want to purchase.
4. Confirm your transaction.
PayPal allows you to hold bitcoin in your account or sell it when you want, but keep in mind you can’t send bitcoin to external wallets yet, which limits flexibility compared to Cash App.
Other Platforms to Consider
If you want more control or lower fees, consider platforms like Binance, BYDFi, or OKX. These exchanges offer advanced trading options and support multiple cryptocurrencies. For beginners, BYDFi’s beginner tutorial is a great place to start learning how to buy bitcoin safely and effectively.
Tips for Buying Bitcoin Safely
1. Always use trusted platforms like Cash App, PayPal, or Binance.
2. Avoid unverified bots or suspicious links.
3. Start with small amounts until you get comfortable.
4. Keep your account secure with strong passwords and two-factor authentication.
Conclusion
Buying bitcoin doesn’t have to be complicated. Whether you choose to buy bitcoin on Cash App, PayPal, or a crypto exchange, the key is to start simple and stay safe. Ready to dive in? Check out BYDFi’s beginner tutorial for a step-by-step walkthrough and start your bitcoin journey today!
2026-01-16 · 19 days ago0 0328Donald Trump’s Crypto ($TRUMP): Meme Coin Hype or Real Investment?
Is Donald Trump's Crypto a Crazy Bet or the Next Bitcoin?
You've probably come across Trump Coin ($TRUMP) while browsing cryptocurrency news recently and wondered, Wait... this is actually real? Unbelievably, it is. The online community is buzzing about this new meme cryptocurrency, which has generated a lot of skepticism as well as excitement. All of a sudden, people are searching for things like Donald Trump cryptocurrency, Trump Bitcoin, or where to buy Trump Coin. And it makes sense—how frequently does a former US president serve as the spokesperson for a digital currency?
The Hype Around Trump Coins
Soon after its launch, Trump Coin became well-known on cryptocurrency forums and social media. Supporters of the former president view it as an amusing and potentially profitable investment, while others view it as a bold marketing ploy. Online forums abound with memes, predictions, and heated debates regarding whether this coin will appreciate as rapidly as Bitcoin or decline as rapidly.
Why Is It Different?
Trump Coin is more of a meme coin than Ethereum or Bitcoin. This implies that community interest, online discussion, and media attention are more important factors than long-term technological advancement or a special blockchain use case. If a meme coin captures the public's attention, its value can soar overnight, but it can also fall just as fast.
The Risks Associated with
The harsh truth is that meme coins are highly unpredictable. While stories of overnight millionaires attract media attention, every winner results in a significant loss for countless investors. The value of Trump Coin may be more influenced by news cycles, social media trends, and celebrity mentions than by any real-world application or adoption. Investors should proceed cautiously because this is high-risk territory.
The Reasons Behind People's Curiosity
There is a cultural fascination at work here, so it's not just about the money. If nothing else, it's interesting that a former president has a cryptocurrency named after him. The coin's popularity is fueled by people's curiosity and conversation about it. Some are involved for the thrill, some for the possible financial gain, and some simply to be a part of a popular trend.
Trump Coin: The Meme Coin That Broke the Internet
Trump Coin first appeared in January 2025, right before Donald Trump’s second inauguration, and it immediately turned heads. Unlike Bitcoin or Ethereum, which have serious long-term goals as stores of value or smart contract platforms, $TRUMP is a meme coin, meaning it’s powered mostly by hype, virality, and cultural impact rather than practical utility.
The coin’s branding is impossible to ignore. Picture Trump raising his fist after surviving a political drama in 2024, with the slogan FIGHT FIGHT FIGHT stamped boldly across the site. It’s designed to provoke, entertain, and spark conversations. But here’s the catch: this isn’t officially tied to Trump’s campaign or government office. It’s a community-driven project that rides on his persona and media influence.
Since its launch, the price has done a full loop on the rollercoaster of volatility. From $6.50 to over $74 in days, only to fall back sharply, $TRUMP embodies everything meme coins are known for: thrilling highs, nerve-wracking lows, and wild unpredictability.
Why Everyone’s Talking About Trump Coin
So why all the hype? First, Trump himself has suddenly become pro-crypto. Once skeptical, he now talks about making the U.S. a hub for digital currency, which adds a layer of perceived legitimacy. Investors can’t help but wonder if a political boost like this could translate into market gains.
Second, meme coins are all about community energy and viral moments. Look at Dogecoin or Shiba Inu—they became huge because people rallied behind them online. $TRUMP taps into Trump’s massive and polarizing following. Whether supporters cheer it on or critics mock it, the coin stays in the headlines, and attention drives demand.
Third, the coin has scarcity and speculation built-in. About 80% of the tokens are held by Trump-affiliated entities. Early buyers are betting that as more tokens gradually enter the market over the next few years, the price could spike again. Controversy, publicity, and scarcity make for a cocktail that keeps people talking—and trading.
How to Buy Trump Coin Without Getting Burned
Buying $TRUMP may seem complicated if you’re new to crypto, but it doesn’t have to be. The first step is to get a wallet that supports Solana-based tokens, like Trust Wallet, Phantom, or BYDFi, which is beginner-friendly and secure.
Next, you’ll need SOL tokens because $TRUMP operates on the Solana blockchain. You can buy SOL through major exchanges such as Coinbase, Binance, or BYDFi. Once you have SOL, you can swap it for $TRUMP using decentralized exchanges like Meteora or Uniswap. The golden rule here is to double-check the contract address—there are already fake Trump coins floating around, waiting to trick careless buyers.
After buying, transferring your $TRUMP into your personal wallet is the safest move. It adds security and keeps you in control of your investment. Keep in mind that in most countries, selling or swapping your $TRUMP may have tax implications, so track every transaction carefully.
How Trump Coin Compares to Bitcoin, Ethereum, and Other Cryptos
Here’s the reality: $TRUMP is not Bitcoin, nor is it Ethereum. Bitcoin is digital gold—a stable store of value with slow but steady growth. Ethereum powers real-world applications, giving it long-term utility. $TRUMP, by contrast, is purely speculative. Its value depends entirely on public sentiment, media coverage, and Trump’s cultural influence.
Meme coins can create crazy short-term gains, and $TRUMP is no different. But unlike Dogecoin, which has been around for years and has a massive community, $TRUMP is brand-new, making it riskier—but potentially more explosive. For thrill-seekers willing to accept high risk, it’s an enticing option. For those after stability, stick with the classics: Bitcoin or Ethereum.
The Dangers of Purchasing Trump Coin
Let’s be real for a second—Trump Coin ($TRUMP) is not for the faint-hearted. This isn’t your traditional safe investment; it’s a meme coin fueled by hype, headlines, and internet culture. And with that comes extreme volatility. Prices can shoot up in a single morning and come crashing down by the afternoon. For most beginner investors, that rollercoaster is more nerve-wracking than profitable.
But the risks go beyond wild price swings. Critics warn that $TRUMP could easily become more than just a coin—it could morph into a political tool, either to rally supporters or to attract outside money. On top of that, the crypto space is already filling up with fake Trump tokens, scams, and knock-offs designed to fool unsuspecting buyers. Even if the current U.S. administration leans toward crypto-friendly policies, one sudden regulatory shift could still shake this market overnight.
And those shiny perks—like exclusive events or insider community benefits? They might sound appealing, but in reality, they’re more about marketing and engagement than actual financial value. They don’t guarantee success, and they won’t protect you if the price tanks.
Is It Time to Invest in Trump Coin?
Before you rush in, take a step back and ask yourself some honest questions. Are you comfortable risking money on speculative, high-risk assets? Do you genuinely believe Trump’s influence is strong enough to keep demand alive? Have you checked who actually holds most of the supply, how the tokenomics work, and whether the community is big enough to sustain long-term growth?
The smartest approach is simple: diversify. Never throw your entire portfolio into one meme coin, no matter how exciting it looks on social media. If you do decide to test the waters with $TRUMP, keep your investment small, move cautiously, and stick to reliable exchanges. Platforms like BYDFi are a safer way to buy, hold, and track your Trump Coin without stumbling into scams or technical headaches.
What Trump Coin’s Future Might Look Like
Here’s the bottom line—nobody can say for certain where Trump Coin is headed. Its fate rests on too many moving pieces: media attention, Trump’s own social media posts, new regulations, and whether the community stays fired up. It could vanish quietly like hundreds of other meme coins… or, in a Dogecoin-style twist, it could capture mainstream attention and become far bigger than expected.
At its core, Trump Coin isn’t just another cryptocurrency—it’s a cultural phenomenon. It blends politics, internet energy, and financial speculation into one unpredictable package. For thrill-seekers, it’s an exciting gamble. For cautious investors, it’s a remindthan anyone expects.
What’s undeniable is that Trump Coin is more than just another cryptocurrency—it’s a cultural statement. It blends politics, internet culture, and speculative investing into one highly unpredictable package. For daring investors, that mix can be thrilling. For everyone else, it’s a clear reminder: approach meme coins with caution, do your homework, and never invest more than you’re willing to lose.
2026-01-16 · 19 days ago0 0471
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