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Here's where crypto is still growing
Plus, Meanwhile raises $40 million...
Dillon Newman & CoinSnacks
April 16, 2025
5. Tariffs <> BSR
Yesterday, shill king Anthony Pompliano sat down with Bo Hines, Executive Director of President Donald Trump’s Council of Advisers for Digital Assets, in an interview that offered more details about the Bitcoin Strategic Reserve. The potential plan? Using tariff revenues to aggressively accumulate Bitcoin without any burden on taxpayers.
JUST IN: 🇺🇸 President Trump's Executive Director Bo Hines said the US may buy #Bitcoin using revenue from tariffs.
— Bitcoin Magazine (@BitcoinMagazine)
12:01 AM • Apr 15, 2025
4. Meanwhile Raises $40M
Bitcoin life insurance company and recent CoinSnacks sponsor (give them some love!), Meanwhile has raised $40 million, co-led by Framework Ventures and Fulgur Ventures.
We at @meanwhilelife have closed a $40M Series A co-led by @FulgurVentures and @hiFramework with participation from Wences Casares
This round gives us significant capital to power our journey of building the world's largest long-term insurance and savings company. 1/
— Zac Townsend (@ztownsend)
1:19 PM • Apr 10, 2025
3. Solana ETF With Yield Launches in Canada
CI Global Asset Management, in partnership with Galaxy Digital, today launched the CI Galaxy Solana ETF (SOLX). The ETF will invest directly in SOL with the intention of staking the tokens for yield. Investors in the ETF will receive 65% of the net rewards of the staking. While the ETF will trade on the Toronto Stock Exchange, it is a bellwether for what may be coming to the U.S. soon.
2. Signature Didn’t Have to Die, Either
Nic Carter just dropped a killer piece on Pirate Wires that spills the tea on Signature Bank. He digs into why it got shoved into receivership in 2023, even though it was apparently solvent. This story has the clarity we’ve all been craving since the wild mess that ultimately destroyed First Republic, Signature, Silicon Valley Bank, and Silvergate.
1. Amidst the Chaos of Q1, Some Sectors of Crypto Are Booming
If you only looked at price action, the first quarter of 2025 would be pretty frustrating. But behind the scenes, the entire crypto ecosystem continues its fight – growing at a breakneck pace. A new report from Bitwise highlights where crypto continues to take over. For example, Q1 saw all-time highs for stablecoins, tokenized real-world assets, BTC futures trading volume, BTC futures open interest, BTC held by pubcos, ETH, and L2 transactions. Y’know, what also hit an ATH? Total U.S. federal debt…