# White House Related Articles

HTX News Center provides the latest articles and in-depth analysis on "White House", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

White House Ignites, BSC Rallies: A Meme Carnival Moving Beyond the "Imperial Decree" Model The meme market witnessed another sensational surge when the White House official account on X posted about "victory, eviction operations, and memes" on January 21. Within minutes, meme tokens named "memes" were launched on both Solana and BSC chains, sparking a race between the two ecosystems. Contrary to expectations that Solana’s earlier launch and active ecosystem would dominate, the BSC version outperformed in market cap and holder engagement. At its peak, the BSC meme reached a market cap of $28 million with 7,300 holders, while Solana’s version capped at $3.6 million with 3,900 holders. Real-time user data from GMGN also showed significantly higher engagement on BSC. This outcome challenges the long-standing perception that BSC memes rely heavily on endorsements from figures like CZ and He Yi—a pattern often mocked as "crypto Shandong style." In fact, both CZ and He Yi have recently expressed caution against "wordplay memes" created by parsing their social posts. CZ explicitly warned users against buying tokens based on his tweets, while He Yi discouraged the community from treating such meme creation as meaningful contribution. The success of the BSC-based "memes" token—inspired by the White House rather than internal figures—suggests a possible shift in BSC’s meme culture. He Yi’s now-deleted retweet of the White House post may have contributed to its visibility, though the exact impact remains unclear. Whether this marks a true departure from top-down meme dynamics on BSC is still an open question, but the community is beginning to reimagine the chain’s potential in a more organic, less leader-dependent meme economy.

Odaily星球日报01/21 09:48

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

Odaily星球日报01/21 09:48

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

A meme coin frenzy erupted on January 21 after the White House posted on X mentioning "victory, eviction, and memes." Within minutes, meme tokens named "memes" were launched on both Solana and BSC chains. Contrary to expectations, the Solana version—typically favored due to its active ecosystem and "first is first" advantage—was outperformed by the BSC version. At its peak, the BSC meme reached a market cap of $28 million with 7,300 holders, while Solana’s version peaked at $3.6 million with 3,900 holders. Real-time user engagement also favored BSC, with nearly 3,000 simultaneous online participants compared to Solana’s sub-1,000. This outcome challenges the long-standing perception that BSC meme coins rely heavily on endorsements from Binance founders CZ and He Yi—a model often mockingly referred to as "Shandong style." Both CZ and He Yi have recently publicly discouraged the practice of creating meme coins based on parsing words from their social posts. CZ explicitly warned followers against buying tokens inspired by his tweets, while He Yi criticized “word-parsing” and “bootlicking” behaviors, urging the community to focus on real project development instead. The surprising success of the BSC memes token—launched 20 minutes after Solana’s version—suggests a possible shift in BSC’s meme culture, moving away from top-down influence toward more organic, community-driven momentum. Whether this marks a lasting change in BSC’s meme ecosystem remains an open question.

marsbit01/21 09:47

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

marsbit01/21 09:47

From Left-Hand to Right-Hand Related-Party Transactions to Infiltrating Wall Street and the White House: What Power Game Is Tether Playing?

Recent reports reveal Tether's complex internal transactions and growing political ties, raising questions about its corporate governance and influence. Tether’s subsidiary Northern Data sold its bitcoin mining unit, Peak Mining, for $200 million to entities controlled by Tether’s own executives—co-founder Giancarlo Devasini and CEO Paolo Ardoino. This “left-hand-to-right-hand” deal, structured through loosely regulated markets, avoided disclosure as a related-party transaction. The timing coincided with Rumble’s $760 million acquisition plan for Northern Data. Tether, which holds 48% of Rumble, appears to have stripped high-volatility mining assets to present Northern Data as a pure AI cloud provider, likely boosting its valuation. A €610 million loan from Tether to Northern Data was reconfigured in the deal—partly converted into Rumble shares and partly into a new loan backed by Northern Data’s assets. Tether also has deep ties with Wall Street and U.S. politics. Cantor Fitzgerald’s CEO Howard Lutnick, now U.S. Secretary of Commerce, previously backed Tether’s reserves and negotiated a $600 million convertible note deal—a move criticized as a conflict of interest. Despite Lutnick’s assurances of stricter oversight, concerns remain about Tether’s influence. With an estimated $15 billion profit at a 99% margin this year, Tether is expanding into AI, media, and even sports. Critics question whether its profits serve the crypto ecosystem or a closed wealth cycle for its executives. Through strategic deals and political connections, Tether is building an empire that merges financial power with regulatory influence.

marsbit12/24 12:46

From Left-Hand to Right-Hand Related-Party Transactions to Infiltrating Wall Street and the White House: What Power Game Is Tether Playing?

marsbit12/24 12:46

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