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Ethereum (ETH) adoption shows no signs of slowing down, as the second-largest cryptocurrency by market cap continues to attract firms looking to diversify their corporate treasury strategies.

Yunfeng Financial Buys $44 Million In Ethereum

According to an announcement earlier today, Hong Kong-listed Yunfeng Financial Group is the latest entity to invest in Ethereum. The firm purchased 10,000 ETH worth approximately $44 million.

The announcement states that the ETH purchase was primarily funded through internal cash reserves. Notably, on July 14, the firm disclosed plans to expand into areas such as Web3, Real World Assets (RWA), and artificial intelligence (AI).

For the uninitiated, Yunfeng Financial Group is a Hong Kong-based publicly-listed firm offering investment and financial services. Notably, Chinese billionaire Jack Ma is a key associate of the group.

Regarding the ETH acquisition, the company explained that Ethereum was chosen over other digital assets to support infrastructure for RWA tokenization. The company added:

This measure will also facilitate the Group’s technological innovation in the Web3 field, and realize the comprehensive and organic integration of finance with technology for its clients, which will effectively enhance client’s service experience and financial autonomy. On the other hand, the Company will explore the potential applicable models of ETH in the Group’s insurance business, as well as innovative business scenarios compatible with Web3.

The announcement also noted that Yunfeng Financial Group intends to classify ETH as an investment asset on its balance sheet. Holding ETH will help diversify its asset base and reduce reliance on traditional fiat currencies. 

The Jack Ma-linked firm plans to leverage ETH in insurance operations and decentralized finance-based (DeFi) business scenarios. This could include using ETH as collateral for DeFi loans or using it to provide liquidity.

In similar news, Ethereum-focused firm Ether Machine announced that it had raised $654 million worth of ETH in private financing, ahead of its highly-anticipated Nasdaq listing later this year.

To recall, the Ether Machine was formed via a merger between the Ether Reserve and Dynamix Corporation earlier this year. The firm is expected to go public with almost 500,000 ETH, worth $2.16 billion.

Will ETH Flip Bitcoin?

Although Bitcoin (BTC) remains the largest cryptocurrency with a market cap exceeding $1 trillion, ETH is steadily catching up. Recent data shows that Ethereum exchange-traded funds (ETFs) are already outshining their BTC counterparts.

One major factor driving ETH adoption is its broad range of use cases. VanEck CEO Jan van Eck recently dubbed ETH the “Wall Street token.” At press time, ETH trades at $4,299, down 1.4% over the past 24 hours.

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Jack Dorsey, the founder of Twitter and CEO of Block, has thrown his support behind a new messaging application called White Noise.

His endorsement follows the recent release of his white paper for Bitchat, a Bluetooth-based messaging platform without internet connectivity.

Bitchat aims to be a privacy-first chat app that ditches the internet altogether to create localized chat rooms. Phones link up via Bluetooth Low Energy to form an ad hoc mesh where every device relays, stores, and forwards end-to-end encrypted messages. Thus, chats keep flowing, even through 30 m-hop chains, when networks are down or censored.

No phone numbers, servers, or permanent IDs are needed, and ephemeral storage plus optional password-protected rooms round out a design meant for resilient, censorship-resistant communication anywhere people gather.

White Noise

White Noise is a more conventional privacy-first alternative to mainstream chat apps. It combines features commonly found on Telegram, WhatsApp, and Discord with the security architecture of platforms like Signal.

The goal is to offer secure peer-to-peer messaging without compromising on design or usability.

White Noise uses end-to-end encryption backed by strong cryptographic standards, including forward secrecy and post-compromise protection. These ensure that past and future messages remain secure even if encryption keys are compromised.

Unlike traditional centralized commercial apps that rely on email addresses or phone numbers, White Noise operates on a decentralized identity system built on Nostr’s infrastructure and the Messaging Layer Security (MLS).

This setup allows users to access their identity, data, and contact lists across different apps and platforms without being tied to a central service. It also allows users to communicate anonymously, an important feature in regions with widespread surveillance and internet censorship.

Instead of relying on centralized servers, White Noise is powered by a network of distributed nodes. If a government or internet service provider attempts to block access, users can switch relays or host their own, maintaining access without sacrificing privacy.

According to the project’s website, even if an ISP attempts to intercept data, only encrypted metadata is visible. Notably, this metadata does not expose the message content.

The project stated:

“Messages in White Noise are encrypted end-to-end and temporarily relayed through several Nostr servers, which cannot read them and don’t permanently store them. Relays act as transient delivery points, discarding data after transmission.”

Looking ahead, White Noise reportedly plans to introduce native Bitcoin payments via Lightning Network and Nostr zaps. This would enable financial transactions directly within chat windows.

The app will be open source, with code published on GitHub. It will be available across multiple platforms, including Nostr’s Zap Store, Google Play (upon approval), and Apple TestFlight.

What’s most interesting here is that Dorsey, while seemingly actively developing a novel ‘internet-free’ secure messaging app, appears content to promote potential competitors that share his privacy-first vision for global communications.

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At the 2025 Bitcoin Conference in Las Vegas, Strike founder and CEO Jack Mullers announced a new system of Bitcoin back loans on Strike at single-digit interest rates.

Jack Mullers began his keynote speech by pointing out the biggest problem. Fiat currency.

“The best time to go to Whole Foods and buy eggs with your dollars was in 1913,” Mullers said. “Then you’re screwed.”

What is the solution?

“The solution is Bitcoin,” Mullers said. “Bitcoin is money that matches what no one can print. You cannot print. You cannot deny my time and energy. You cannot take me of owning assets, getting debts, living sovereignly, protecting my family, my priced possessions. Bitcoin is something we were invented to do that.”

Maraz gave the audience a power message by explaining that people should embrace every dollar they have in Bitcoin. People should also spend a little bit of it to lead a lovely life.

“You can’t huddle forever,” Jack said.

While people are talking about loans they borrow against Bitcoin. He explained why banks that place 20% interest on Bitcoin-backed loans are ridiculous.

“All these professional economists, they’re like Bitcoin is dangerous and unstable,” Mullers said. “No, not. This is an epic seven-year volatility, and the orange one in the middle is Bitcoin. It’s riskless and not volatile. It’s a little more volatile than an apple, but much less volatile than a Tesla.”

“As Bitcoin matures, its volatility decreases,” Jack continued. “Bitcoin’s volatility is at a point where it’s less dangerous than Tesla stocks. You shouldn’t pay double-digit fees for your loan.”

The Mallers have announced his new loan system with a strike of 9-13% on interest rates. This allows people to get $10,000 to $1 billion in loans.

“Take responsibility. This is a debt. In my opinion, debt is like a fire. It can warm civilization. It can warm a home, but if you go crazy, it can burn your home.”

“Life is short,” Jack said. “I travel, but with Bitcoin, I can take something better.”

My first Bitcoin, a nonprofit focused on grassroots Bitcoin education, has announced that it will receive a $1 million grant from the start. This funding will help expand efforts to provide free open source Bitcoin education to the world.

“The revolution in Bitcoin education is that it teaches students how to think and what to think,” said the founder and executive director of my first Bitcoin John Dennehy. “Funding from sources with their own incentives is the biggest vulnerability to threaten it. Education funds it. It doesn’t take away government money, it cuts funds frequently from businesses and businesses. The subtle impact of funding has ruined FIAT education.

The grant will expand its reach to first Bitcoin and provide the ability to improve tools such as Bitcoin diploma, intro courses, and teacher training workshops. It also strengthens the hub of online schools and community, making Bitcoin education more accessible to people everywhere.

This funding is not just a milestone, it is a statement. Dennehy added: “My first Bitcoin is a proof of concept for all independent Bitcoin educators. Staying on a mission makes the other side even stronger, even if it’s challenging.”

My first Bitcoin started in 2021 as a small local project. Since then, it has grown into a global movement. Over the years, the team has taught tens of thousands of students to test and refine the material based on real-world feedback.

In 2022, my first Bitcoin awarded 38 high school students in El Salvador with Bitcoin diplomas. As part of the program, students had 10 lessons including introduction to the monetary system, Fiat, financial history results, understanding Bitcoin, wallet and Bitcoin network, dual spending issues and nodes, security and mining, the value of Bitcoin, the Lightning Network and the future of Bitcoin, and the final project.

In 2023, the organization launched an independent Bitcoin Educator Node Network. It has over 65 projects in over 35 countries. These include the circular economy, meetup groups, and other local Bitcoin projects. What brings them together is a shared commitment to six core values. “Their education is independent, fair, community-driven, Bitcoin-only, quality, with a focus on empowerment rather than profit.”

“Open source money deserves open source education. Over the past few years, we have seen an increasing demand for resources around the world. We are committed to serving everyone in the Bitcoin space who needs support.”

Strike CEO Jack Mallers says that gold and Bitcoin (BTC) will be useful assets to hold during an imminent reordering of the global financial and geopolitical landscape.

In a new interview with independent journalist David Lin, Mallers says that the US has been running unsustainable trade deficits for far too long and is slowly running out of demand for its debt.

Moving forward, Mallers says global markets will likely witness a realignment and a “trade flow reordering” – one in which scarce and fixed-supply assets like BTC and gold shine.

“The reality is this is not a very sustainable practice. Printing pieces of paper out of thin air in exchange for real goods and services is not a relationship that is to be sustained. It actually was a reaction to a decimating World War, and so what I think we’re living through is the unwind of that.

When you see President Trump say things like ‘we need to fix our deficits, we need to bring back the middle class, we need to bring back the manufacturing class, we need to be able to produce our own stuff, it’s because there is a global trade imbalance happening where China is running a trade surplus of something to the tune of a trllion dollars a year, and the US, given this economic alignment globally, has racked up over $35 trillion worth of debt. 

And there are no marginal lenders to the United States anymore, we’re on the brink of a sovereign debt crisis.

And so I think there’s a lot of volatility and a lot of trade flow reordering that we’re living through today, and investors trying to predict when these things are liquidity positive and liquidity negative, how the volatility is going to impact certain structural markets, it’s a very dangerous game to play.

I think investors were probably caught offside for the first three months of Trump’s inauguration because he’s been so pro-business, so pro-growth, so pro-deregulation, that they probably got ahead of their skis. But now we’re starting to really understand how the world needs to realign, the impacts of that, and just the true power that a fixed-supply asset like a gold or a Bitcoin can have in a portfolio.”

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Strike CEO Jack Mallers said his new role as CEO of Bitcoin treasury firm Twenty One Capital won’t distract him from heading Strike, revealing the platform processed over $6 billion in volume in 2024.

“This is not a shift in my commitment; it’s an extension of it,” Mallers said in an April 25 letter to Strike investors.

Every decision based on if it is “good for Bitcoin”

“If Bitcoin wins, humanity wins. Every business decision I make starts with one question: Is this good for Bitcoin? Twenty One exists because I believe it is good for Bitcoin and, therefore, good for the world,” Mallers said.

Mallers explained that Strike, a Bitcoin payments platform, and Twenty One Capital have different goals. He said Strike focuses on making “Bitcoin accessible globally,” while Twenty One aims to increase “Bitcoin ownership per share (BPS) and pioneer Bitcoin-native financial tools.”

“These are separate companies, but they share the same ethos: Bitcoin wins, we win,” he said.

It comes after Twenty One Capital announced its launch on April 23, with the backing of Tether, SoftBank and Cantor Fitzgerald.

The firm is looking to challenge Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” It revealed its plans to launch with 42,000 Bitcoin (BTC).

Mallers shared key metrics for Strike publicly for the first time, revealing that in 2024, the firm posted over $6 billion in volume, recorded 600% year-on-year growth, maintained an 85% gross profit margin, and reported zero customer acquisition costs.

Mallers said that despite maintaining a team of 75 employees, the company expects to “generate 8-9 figures in net profit in 2025.”

Several crypto enthusiasts had taken to social media to ask how the logistics would work for Mallers, being the CEO of Strike and Twenty One Capital.

Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May

Crypto commentator “Alex” asked in an April 25 X post, “What will be the fate of Strike? New incoming CEO? Or will he pull an Elon Musk?” Similarly, Domingo Guerra asked, “Who will be running Strike!?”

Meanwhile, several crypto industry participants have publicly speculated that Twenty One Capital may acquire Strike in the future. Swan Bitcoin CEO Cory Klippsten said it is “probably safe to assume that this company will acquire strike.” 

Daniel Sempere Pico said, “How long before Twenty One acquires Strike?” However, neither Mallers or Strike has indicated any intention of doing so.

Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express

]]> https://earlybirdsinvest.com/bitcoiner-jack-mallers-assures-strike-investors-twenty-one-wont-distract/feed/ 0 32869 https://earlybirdsinvest.com/former-twitter-ceo-jack-dorsey-to-signal-its-time-to-switch-to-bitcoin/ https://earlybirdsinvest.com/former-twitter-ceo-jack-dorsey-to-signal-its-time-to-switch-to-bitcoin/#respond Fri, 11 Apr 2025 00:46:29 +0000 https://earlybirdsinvest.com/former-twitter-ceo-jack-dorsey-to-signal-its-time-to-switch-to-bitcoin/

Jack Dorsey, former CEO of Twitter, has publicly suggested that Signal Messenger switch to Bitcoin
ETH


$1,517.12

for its user-to-user payment system.

He made this suggestion on April 9 in response to a post on X by Bitcoin developer Calle, who said Bitcoin would work well with Signal’s private messaging system.

In a short reply, Dorsey wrote, “Signal should use Bitcoin for P2P payments“. His message received support from David Marcus, a former PayPal executive, who added that he believes all apps that do not process their own transactions should connect to Bitcoin.

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Their comments show that Bitcoin can work for regular payments, not just as a way to hold value. Dorsey has said before that if Bitcoin is only treated like digital gold, it may not succeed in the long term. He believes it should be used in everyday situations.

Signal is a messaging app that launched in 2014. It lets people send messages, make voice calls, and hold video chats. The app is known for protecting user privacy and keeping its code open to the public.

It supports payments using a token called MobileCoin, which changed its name to Sentz in late 2023. MobileCoin is designed to focus on fast and private transfers. It was built using Ethereum’s
ETH


$1,517.12

technology.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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Billionaire and Block CEO Jack Dorsey says that Bitcoin (BTC) is at risk of failure if it doesn’t manage to tackle one critical use case.

In a new interview on the Presidio Bitcoin YouTube channel, Dorsey is asked to imagine that he fast-forwarded to the future where Bitcoin has failed.

When asked how Bitcoin failed, Dorsey says the flagship crypto asset faded into irrelevance because it was only used as a store of value and not as a form of money for payments and transactions.

“I think it fails through irrelevance. It fails to be relevant to people on a daily basis. If it just ends up being a store of value and nothing more, I don’t think it gains relevance at all.

I think it has to be payments for it to be relevant on the everyday. Otherwise, it’s just something you kind of buy and forget and only use in emergency situations or when you want to get liquid again. So I think if it doesn’t transition to payments and find that everyday use case, it’s increasingly irrelevant. And that’s fair to me.”

When asked what can be done to mitigate the risk of Bitcoin failing, Dorsey says more applications need to be built to facilitate easy, fast payments to rival giants like Visa and Mastercard.

“I think building simple accessible experiences that solve the payment use case, making it scale, making it fast, giving the speed of the Visa and Mastercard networks real competition – and there are tons of projects that do that – and it continues to increase in privacy and security and ultimately safety. That gives you a third option, and I think we always want a third option to the US dollar, to the Chinese yuan. Having a third option for currency is important and it keeps the other currencies in check and governments in check as well.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3