Core priceCORE

#SEC Delays #TruthSocial $BTC and $ETH #ETF Decision The SEC has postponed a decision on Truth Social's $BTC and $ETH ETF until Oct. 8. The delay follows the routine review process for crypto ETF proposals from #Trump Media & Technology Group's platform. Additional delays were filed for CoinShares’ Litecoin and $XRP #ETFs, plus 21Shares’ Core $XRP ETF extending into late October. The SEC cited the need for sufficient time to consider proposed rule changes and related issues. Truth Social's dual-asset ETF was first proposed in June, receiving one public comment urging denial over President Trump's crypto business involvement. Concerns center on potential conflicts with World Liberty Financial and $TRUMP meme coin ventures. The agency's crypto ETF stance shifted significantly since Trump took office. New leadership approved in-kind creations for existing ETFs and expanded application processes for $BTC and $ETH spot funds with options trading capabilities. $WLFI

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The largest institutional holder of Bitcoin today is the Grayscale Bitcoin Trust (GBTC), which manages over 558,000 BTC (about 2.7% of all Bitcoin supply). MicroStrategy comes next with about 423,650 BTC (as of mid-2025). Strategies Used to Stack Up BTC 1. Grayscale Bitcoin Trust (GBTC): Built its BTC reserves through continuous investor inflows into the trust. Instead of buying Bitcoin once, GBTC has consistently purchased BTC in large volumes over the years, proportional to demand from accredited investors. Operates much like an ETF, though for years it traded at a premium/discount due to restrictions on redemptions. ✓Strategy: Institutional custodial aggregation → Grayscale acts as a custodian and keeps acquiring BTC on behalf of investors who don’t want direct custody. ✓Goal: Provide regulated exposure to Bitcoin for hedge funds, family offices, and large investors. 2. MicroStrategy: Began in August 2020, when Michael Saylor announced BTC would become its primary treasury reserve asset. Uses a Dollar-Cost Averaging (DCA)-like approach, consistently buying BTC during dips and rallies. Financed purchases through corporate debt issuance, convertible bonds, equity sales, and retained earnings. ✓Strategy: Corporate Treasury Strategy → stacking BTC as a store of value instead of holding cash reserves. ✓Goal: Hedge against inflation and establish a long-term corporate Bitcoin standard. 3. Other Institutional Holders: ✓Tesla (initially bought 48,000 BTC in 2021, later sold part). ✓Block (Square), Galaxy Digital, and Marathon Digital Holdings mine or accumulate BTC as part of their core operations. Their strategies are a mix of treasury reserve holding (Tesla, Block) and mining accumulation (Marathon, Hut 8). Summary Largest institutional holder: ✓Grayscale Bitcoin Trust (GBTC) with ~558,000 BTC. Strategy: ✓Grayscale → Accumulated via investor inflows (custodial aggregation model). ✓MicroStrategy → Accumulated via a treasury reserve strategy, financed through debt, equity, and steady purchasing (effectively institutional DCA). $BTC $SOL $ETH 📌By Iyusufah 📌 #BitgetInsight #CryptoTrivia

TCOM is a groundbreaking decentralized IP governance protocol that leverages AI and Web3 technology to transform the creation, licensing, and value distribution models for intellectual property. By integrating IP management with blockchain technology, TCOM offers a novel approach to managing and monetizing creative works. 🔶𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐨𝐟 𝐓𝐂𝐎𝐌: 1.𝘿𝙚𝙘𝙚𝙣𝙩𝙧𝙖𝙡𝙞𝙯𝙚𝙙 𝙄𝙋 𝘾𝙧𝙚𝙖𝙩𝙞𝙤𝙣: TCOM enables users to create content based on officially licensed IP, with a community-driven vetting process to ensure quality and authenticity. 2.𝘿𝙚𝙘𝙚𝙣𝙩𝙧𝙖𝙡𝙞𝙯𝙚𝙙 𝙄𝙋 𝙇𝙞𝙘𝙚𝙣𝙨𝙞𝙣𝙜: The protocol introduces a multi-stakeholder profit-sharing mechanism, allowing copyright holders, creators, voting users, and TCOM token holders to share revenue generated from IP licensing. 3.𝘾𝙧𝙤𝙨𝙨-𝘿𝙤𝙢𝙖𝙞𝙣 𝙄𝙣𝙩𝙚𝙜𝙧𝙖𝙩𝙞𝙤𝙣:TCOM builds bridges between Web2 and Web3, creating new business models and opportunities for IP holders and creators. 🔶𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐓𝐂𝐎𝐌: 1.𝙄𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙙 𝙏𝙧𝙖𝙣𝙨𝙥𝙖𝙧𝙚𝙣𝙘𝙮: TCOM's blockchain-based approach ensures transparency and accountability in IP management and licensing. 2.𝙁𝙖𝙞𝙧 𝙍𝙚𝙫𝙚𝙣𝙪𝙚 𝘿𝙞𝙨𝙩𝙧𝙞𝙗𝙪𝙩𝙞𝙤𝙣: The protocol's profit-sharing mechanism ensures that all stakeholders, including creators and copyright holders, receive fair compensation for their work. 3.𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮-𝘿𝙧𝙞𝙫𝙚𝙣: TCOM's community-driven approach enables users to participate in the creation and vetting process, ensuring that high-quality content is produced and promoted. 🔶𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: 1.𝘿𝙞𝙜𝙞𝙩𝙖𝙡 𝘼𝙧𝙩: TCOM can be used to create and manage digital art, enabling artists to monetize their work and connect with a global audience. 2.𝙈𝙪𝙨𝙞𝙘 𝙖𝙣𝙙 𝙀𝙣𝙩𝙚𝙧𝙩𝙖𝙞𝙣𝙢𝙚𝙣𝙩: The protocol can be applied to the music and entertainment industries, allowing creators to manage and license their work in a more efficient and transparent manner. 3.𝙒𝙚𝙗3 𝙋𝙧𝙤𝙟𝙚𝙘𝙩𝙨: TCOM's decentralized IP licensing model can be used by Web3 projects to obtain licenses for IP works, enabling the creation of new and innovative content. 🤝 𝐀 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐢𝐧 𝐈𝐏 TCOM's core innovation lies in its community-driven, decentralized approach to IP creation and management. Instead of a top-down model where a single entity controls all aspects of an IP, TCOM uses a protocol that empowers multiple stakeholders. 🔶The Significance of the $TCOM Token The native token of the TCOM ecosystem, $TCOM, is not just a cryptocurrency; it's a utility and governance asset that underpins the entire protocol. Its importance lies in its multifaceted role, providing direct benefits to its holders. 𝘼𝙘𝙘𝙚𝙨𝙨 𝙖𝙣𝙙 𝙐𝙩𝙞𝙡𝙞𝙩𝙮: The $TCOM token serves as the primary medium for obtaining licenses for IP works within the TCOM ecosystem. Web3 projects, game developers, or digital artists need the token to gain permission to use licensed content, making it a crucial utility for participation. 𝙂𝙤𝙫𝙚𝙧𝙣𝙖𝙣𝙘𝙚 𝙍𝙞𝙜𝙝𝙩𝙨: Holders of the $TCOM token have a direct say in the future of the protocol. They can vote on key decisions, such as which new works get approved for licensing and how protocol funds are managed. This governance model ensures that the community's interests are aligned with the project's development. 𝙎𝙩𝙖𝙠𝙞𝙣𝙜 𝙖𝙣𝙙 𝙍𝙚𝙬𝙖𝙧𝙙𝙨: Holding and staking $TCOM tokens provides a way for users to earn a share of the revenue generated from IP licensing fees. This creates a financial incentive for the community to actively participate in the ecosystem, whether through voting, content creation, or simply holding the token. This mechanism rewards long-term engagement and helps secure the network. 🌐 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐖𝐞𝐛𝟐-𝐖𝐞𝐛𝟑 𝐁𝐫𝐢𝐝𝐠𝐞 A key challenge for Web3 is adoption by mainstream, or "Web2," industries. TCOM addresses this by integrating with established brands and IPs, rather than building from scratch. By starting with the a legendary IP like Tezuka's, TCOM demonstrates how decentralized systems can enhance, rather than replace, traditional IP management. This approach makes the protocol more accessible and appealing to a broader audience, paving the way for the future of IP in the digital age. TCOM's core strength lies in its ability to empower the community while respecting and preserving the value of established intellectual property. 🔸𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮-𝘿𝙧𝙞𝙫𝙚𝙣 𝙄𝙋 𝘾𝙧𝙚𝙖𝙩𝙞𝙤𝙣: TCOM allows users to create new content based on officially licensed IPs. This isn't just about fan art; it's about a structured, collaborative process where community members can contribute their creative ideas to an existing universe. Works are then submitted for review, a process that includes both community voting and a final review by the original copyright holders. This dual-layer vetting ensures that new creations are of high quality and remain true to the original IP's spirit. Quality works that pass this review are added to the official resource library, making them available for future Web3 projects. 🔸𝙁𝙖𝙞𝙧 𝙍𝙚𝙫𝙚𝙣𝙪𝙚 𝘿𝙞𝙨𝙩𝙧𝙞𝙗𝙪𝙩𝙞𝙤𝙣: TCOM introduces a multi-stakeholder profit-sharing mechanism that is automatically enforced by smart contracts. This is a significant departure from traditional models, where revenue often gets lost in a web of intermediaries. Under TCOM, revenue from IP licensing is distributed directly to four key groups: copyright holders, creators of the new content, voting users who participate in the vetting process, and $TCOM token holders. This transparent and automated system ensures that all contributors, from the original IP owner to the fan who voted for a new creation, receive a fair share of the value they helped generate. 🪙 The Pivotal Role of the $TCOM Token The native $TCOM token is far more than a simple digital asset; it is the fundamental utility and governance tool that powers the entire TCOM ecosystem. Its design ensures that participants are not only financially incentivized but also have a direct stake in the protocol's success. 𝙐𝙩𝙞𝙡𝙞𝙩𝙮 𝙖𝙨 𝙖 𝙇𝙞𝙘𝙚𝙣𝙨𝙞𝙣𝙜 𝙆𝙚𝙮: The $TCOM token is the primary method for Web3 projects to obtain licenses for IP works. This creates a direct link between the token's value and the demand for licensed IP within the ecosystem. As more projects seek to build on popular IPs, the utility and demand for $TCOM are expected to increase. 𝙂𝙤𝙫𝙚𝙧𝙣𝙖𝙣𝙘𝙚 𝙖𝙣𝙙 𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙊𝙬𝙣𝙚𝙧𝙨𝙝𝙞𝙥: Holders of the $TCOM token can participate in the protocol's governance. They can vote on proposals, approve new creative works, and influence key decisions regarding the direction of the ecosystem. This governance model ensures that TCOM remains a truly decentralized and community-owned platform, where the power is distributed among its active participants. 𝙍𝙚𝙬𝙖𝙧𝙙𝙨 𝙛𝙤𝙧 𝙋𝙖𝙧𝙩𝙞𝙘𝙞𝙥𝙖𝙩𝙞𝙤𝙣: Beyond governance, $TCOM tokens are a means for community members to earn rewards. By staking their tokens or participating in the voting process, users are eligible to receive a share of the revenue generated from IP licensing. This incentivizes active and meaningful engagement, fostering a vibrant and sustainable ecosystem. 🌐 𝐓𝐡𝐞 𝐓𝐞𝐚𝐦 𝐚𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 TCOM's core advantage lies in its leadership, which combines deep expertise in traditional IP with cutting-edge Web3 and AI knowledge. The team includes Yoshihiro Shimizu, a director at Tezuka Productions with decades of experience in copyright management, and Umi Hidaka, who led the company’s successful NFT projects. This unique blend of traditional and modern expertise provides TCOM with a distinct edge, allowing it to navigate the complexities of IP rights while leveraging the full potential of blockchain technology. This strategic alliance allows TCOM to build meaningful and lasting bridges between the traditional creative industry and the new digital frontier. ?⚙️ 𝐂𝐨𝐫𝐞 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐬: 𝐀 𝐁𝐥𝐞𝐧𝐝 𝐨𝐟 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐚𝐧𝐝 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 TCOM's protocol is built on a set of core functions that leverage blockchain technology and AI to create a dynamic and self-sustaining ecosystem. 𝐃𝐞𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐈𝐏 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧: Users can create content based on officially licensed IP, such as the works of Osamu Tezuka, known as the "God of Manga." These creations, which can be anything from new digital art to animated shorts, are then subject to a dual-layered vetting process. First, the community votes on the works, and then they are reviewed by the original copyright holders. This ensures that only high-quality, authentic content enters the ecosystem and becomes eligible for licensing. 𝐃𝐞𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐈𝐏 𝐋𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠: The protocol uses smart contracts to automate a transparent and fair profit-sharing mechanism. Revenue from licensing fees is automatically distributed to multiple stakeholders: the original copyright holders, the creators of the new content, the voting users who helped vet the works, and the $TCOM token holders. This removes the need for intermediaries, drastically reducing costs and ensuring that everyone who contributes receives their fair share. 𝐀𝐈 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧: TCOM integrates AI to enhance the IP management process. While specific details are still being revealed, AI can be used for tasks like analyzing market data to optimize licensing fees, identifying and preventing copyright infringement, and even assisting creators in generating new content. This makes the entire system more efficient and responsive to market trends. 🔶𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧: TCOM is a pioneering protocol that has the potential to revolutionize the way intellectual property is managed and monetized. By leveraging AI and Web3 technology, TCOM offers a novel approach to IP creation, licensing, and value distribution, enabling creators and copyright holders to connect with a global audience and generate revenue in a fair and transparent manner. TCOM"is a decentralized IP governance protocol that revolutionizes content creation through AI and Web3 technology, redefining the creation, licensing, and value distribution models for intellectual property. 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧: 1. How can TCOM ensure the quality and authenticity of new, community-created content while maintaining a truly decentralized and permissionless system? 2. What are the biggest legal and regulatory challenges TCOM might face as it bridges traditional IP laws with the decentralized nature of blockchain? 3. Beyond digital art and entertainment, what other industries could benefit from TCOM's decentralized IP governance model? 4. How might the multi-stakeholder profit-sharing model affect the value and utility of the $TCOM token over time, especially as the ecosystem grows and attracts more participants?

Click the announcement to see details: Analysis of WAI Project Highlights WORLD3 (WAI) is a decentralized AI agent platform aimed at bridging the Web2 and Web3 ecosystems, dedicated to enabling users to easily build, deploy, and operate intelligent agents. Core advantages of the project: Agent VM Technology: Provides layered planning, continuous execution, and cross-platform automation capabilities. Multi-chain Interoperability: Supports multi-chain connections for cross-ecosystem collaboration. Persistent AI Expert Agent: Capable of autonomously executing complex, multi-step tasks over a long period. Web3 Native Design: Optimized for blockchain environment, ensuring both security and scalability