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The Travel Rule in Europe: changes for the cryptocurrency industry and how Young Platform ensures compliance

Understanding the Travel Rule: how Young Platform ensures compliance

In recent years, financial transparency regulations have expanded to include the cryptocurrency sector, aiming to prevent the illicit use of digital assets. A significant regulation in this area is the Travel Rule, which requires financial institutions and virtual asset service providers (VASPs) to share information about customers involved in transactions above a certain amount.

In line with its commitment to security and compliance, Young Platform has implemented major updates to comply with these regulations while maintaining user privacy. In this article, we will explore the requirements of the Travel Rule, its implications for the crypto sector, and the steps Young Platform has taken to remain compliant.

European Regulatory Framework: MiCA and TFR

The European Union (EU) has established a comprehensive regulatory framework for the cryptocurrency industry, which includes two key regulations: the Markets in Crypto-assets Regulation (MiCA) and the Transfer of Funds Regulation (TFR).

MiCA provides a uniform legal framework for digital assets, outlining clear rules for consumer protection, asset classification, licensing requirements, and market abuse prevention.

Conversely, the TFR implements Europe’s Financial Action Task Force (FATF) Travel Rule. It mandates sharing detailed information regarding crypto-asset transactions to combat money laundering and financing illicit activities.

What is the Travel Rule, and why is it important?

The Travel Rule requires CASPs to collect and transfer detailed information on the parties involved in transactions above a certain threshold. For Italy, the threshold is €0, which means that any crypto withdrawal or deposit must carry the additional information required by the Travel Rule. (The aim is to increase the transparency and traceability of transactions, making it more difficult for criminals to hide behind anonymity.

The TFR establishes specific requirements to ensure compliance, including:

  • Verification of sender and receiver information.
  • The adoption of appropriate measures for transactions to self-hosted wallets.
  • The application of guidelines issued by the European Banking Authority (EBA).

What is the Travel Rule, and why is it important?

The Travel Rule requires Crypto Asset Service Providers (CASPs) to collect and transfer detailed information about the parties involved in transactions that exceed a certain threshold. In Italy, this threshold is set at €0, meaning that any crypto withdrawal or deposit must include the additional information mandated by the Travel Rule. The primary goal of this rule is to enhance the transparency and traceability of transactions, making it more challenging for criminals to operate anonymously.

The Travel Rule establishes specific requirements to ensure compliance, which include:

  • Verify information for both the sender and the receiver.
  • Implementation of appropriate safeguards for transactions to self-hosted wallets.
  • Adherence to guidelines issued by the European Banking Authority (EBA).

Young Platform’s Adjustments to the Travel Rule

To comply with the Travel Rule and EBA guidelines, Young Platform has introduced new procedures for incoming and outgoing cryptocurrency transactions, specifically for deposits and withdrawals. Here are the main changes implemented.

Verification of Self-Hosted Wallets  

When users deposit or withdraw cryptocurrencies to a personal wallet, they may be required to confirm ownership of that wallet. This verification can be completed through Self-Certification, which involves a quick verification process using two-factor authentication (2FA) or other specific methods outlined directly on the platform during the transaction.

Transactions Between Crypto Asset Service Providers (CASPs)  

Young Platform requires users to specify the counterparty involved in the transaction for transfers to other crypto service providers.

Security and Data Protection  

Young Platform has collaborated with technology partners to adopt advanced solutions, including the TRUST (Travel Rule Universal Solution Technology) system. This system enables the secure and fully encrypted exchange of critical information, ensuring regulatory compliance while maintaining user privacy.

Requirements for Self-Hosted Wallet Transactions  

For transactions involving self-hosted wallets, Young Platform evaluates the risk associated with each transaction. It requires specific verifications, such as two-factor authentication or other methods communicated during the transaction process, following the provisions of the Travel Rule.

What changes for Young Platform users?

European Young Platform users must adapt to new crypto transaction procedures. Here’s a summary of the changes:

  • Deposits and Withdrawals: Users will be required to verify the source of their funds. For private wallets, a one-time verification will be necessary.
  • Transactions Between CASPs: Users may need to provide information about the counterparty involved in the transaction.

For more details, please refer to the updated Cryptocurrency Withdrawal and Cryptocurrency Deposit guides.

Why the Travel Rule is a step forward for the crypto sector

The Travel Rule marks a significant advancement for the crypto industry. While it may initially appear to be an extra burden for users, this regulation is crucial in legitimising the global cryptocurrency industry. Enhancing transparency and security, the Travel Rule fosters a more trustworthy environment for individual users and institutional investors.

Young Platform: compliance and innovation for users

Young Platform is dedicated to offering a secure and compliant platform while prioritising user experience. By collaborating with leading partners like TRUST and utilising advanced technologies, the company guarantees that users can operate in a trusted and regulated environment. For more information on the Travel Rule and the adjustments made by Young Platform, please visit our Help Centre,Terms & Conditions, or Privacy Policy.

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Club advantage: create your perfect training programme with Builtdifferent

Maximise the benefits of Builtdifferent for training and nutrition. Enjoy exclusive discounts through Young Platform’s Club Advantage!

January has always been the month of resolutions, often focusing on two fundamental aspects of our lives: health and finances. How many times have you told yourself, “This year, I’m going to get in shape!” or “I absolutely must stop smoking,” or “By 20xx, I need to be able to buy a house”?

The challenge? Transforming desires into tangible results is often more complicated than it seems. It’s not easy to resist that tempting dessert after dinner when it pushes us over our daily calorie limit. Similarly, it’s just as hard to refrain from purchasing that tech gadget or piece of clothing that we simply don’t need.

To address this issue, we sought a solution that merges self-care with financial savings, partnering with the leading fitness and nutrition app in Italy. This led to the collaboration between Young Platform and Builtdifferent.

Please be aware that Builtdiffernt is exclusively available in Italy.

What is Builtdifferent?

Builtdifferent is an all-in-one fitness platform that provides customised training services and nutrition plans, all at a fraction of the cost of a traditional in-studio personal trainer. With a simple subscription, you can benefit from the following:

  • Dedicated Coaches: Certified Personal Trainers who are committed to guiding you on your fitness journey.
  • Qualified Nutritionists: Professionals who create a tailored, balanced diet plan for you.
  • 24/7 Chat Support: Reach out to experts anytime for advice, program adjustments, or motivation.

In summary, Builtdifferent considers 17 variables and four training styles to develop gym workout plans suitable for both beginners and experienced athletes. Additionally, the nutrition plans adhere to principles used by professional dietitians, ensuring you maximise your gym results.

Builtdifferent for Clubs

Now, here comes the most exciting part: as a member of our Clubs, you are entitled to a progressive discount based on the loyalty program you belong to. Specifically, you can access a three-month subscription to Builtdifferent, which normally costs €79.99, at a reduced price of:

  • Club BRONZE: 64,99€ (15€ discount);
  • Club SILVER: 59,99€ (20€ discount);
  • Club GOLD: 49,99€ (30€ discount);
  • Club PLATINUM: 34,99€ (45€ discount).

Additionally, you can utilise a free 14-day trial period to fully understand the service’s functionality and quality before making a purchase.

The discount is also available for both six-month and yearly subscriptions. 

How it works

  • Visit Builtdifferent.com (the promotion can only be activated through the website).
  • Register for an account or log in.
  • Complete the questionnaire by providing your personal information and eating habits.
  • Enter the discount code you received via email in the ‘Add promotional code’ box just before checkout.
  • Start your 14-day free trial.
  • You will be charged the discounted rate based on your membership level at the end of the trial period. You can cancel your subscription at any time before the trial ends.

IMPORTANT NOTICE

The discount is not valid for the monthly subscription. This offer is only valid if you complete registration and payment from your desktop. The discount cannot be transferred.

What are you waiting for? 

Take advantage of this once-in-a-lifetime opportunity to secure a truly unique product that provides you with an effective training plan and diet at a surprisingly affordable monthly cost. P.S. We are committed to educating our audience about how to maximise the benefits of the products we offer in partnership with Builtdifferent. Check out their Instagram profile, @Builtdifferent, for entertaining and informative content on training and nutrition.


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The Gems of Young Platform are about to change their faces!  All you need to know.

As of January 31, gems will be reset and will no longer be used for purchasing fee discounts. Instead, they will play a key role in rankings, prizes, and competitions within the app.

The New Year is set to bring many surprises for you and the entire community. We are excited to announce contests and competitions that will enable you to compete against other users and win amazing prizes. The first of these initiatives will launch in February. While we can’t share too much just yet, we can reveal that Gems will play a central role in this challenge. Are you ready to participate?

Gems reset on all accounts.

As of January 31, all Gems will be reset to ensure that everyone starts at the same level in future competitions. This reset represents an opportunity to create a fair and exciting environment where every user has an equal chance to rank among the winners. With this change, the reward system will be more transparent and accessible, offering a refreshing new experience on the platform.

Before this change can happen, we must utilise the gems we have gathered so far! 

Please note that competitions, prizes, and rankings will only be accessible in the app. If you haven’t done so yet, download Young Platform!

Download the app!

How to exploit Gems before 31 January

If you have accumulated Gems, now is the perfect time to use them! You have until January 30, 2025, to take advantage of the benefits. Here’s how:

  • Redeem completed Quests: Log into the app and redeem all available Gems.
  • Spend in the Shop: Use your Gems to purchase fee discounts and save on trading costs.

Remember to plan your budget: The fee rebates you buy in the Shop are valid for 24 hours, so ensure you have funds ready for trading. If necessary, make a deposit into your account before purchasing the discounts!

If you are a Club member and purchase a higher discount, the highest available discount will be applied. As a general rule, you can use the most beneficial discount available to you.

WARNING: All incomplete, unredeemed Quests and unused Gems will not be available after 31/01.

Why join a Club before February 4?

Lock in a 100% fee discount forever!

If you’re considering switching to Club Platinum or signing up, now is the ideal time to act! Starting January 4, Club Platinum will reduce the fee discount from 100% to 90%. However, anyone who signs up by February 3 will retain the benefit of a 100% fee discount forever, just like current Club Platinum members. For them, nothing will change, and they will continue to enjoy the 100% fee discount without any alterations.

Take advantage of this unique opportunity now! Read the in-depth article to learn more.

Please note: The discount remains valid as long as you continue to be a Platinum Club member.

Club price changes

Starting February 4, 2025, a new system for calculating club membership costs will be implemented based on the price of the YNG token. 

If you join a club before February 4, you will lock in the current amount of YNG tokens required for membership. For instance, at today’s price of €0.15 per YNG, you could join Club Silver by using 5,000 YNG tokens, which is approximately €750. However, after the new pricing structure is introduced, you would need 8,000 YNG tokens to join Club Silver at the same price of €0.15 per token, resulting in a cost of €1,200. 

For more details, read the in-depth article.

Prepare your 2025 on Young Platform!

Don’t miss the chance to make the most of the Gems and Club benefits before the changes. Sign up now, use your accumulated Gems and get ready to compete and win. 2025 on Young Platform will be a year full of opportunities!

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Update on Club Platinum discounts for new members, effective 4 February

The update on the Club Platinum fees discount

Discount on Club Platinum fees: what’s changing from 4 February

Young Platform is working to lay the foundations for what will become the most significant transformation our community has ever experienced. This evolution necessitates adjustments to some of the rules and parameters governing the loyalty programmes of our exchange. One of the key updates involves the Club Platinum membership.

New terms for Club Platinum

Starting 4 February, Club Platinum will no longer offer a 100% discount on buy-and-sell fees but a generous 90% discount. This is a small change, but it offers numerous unique opportunities for both current members and those looking to join the Club!

For existing Club Platinum members

Are you already part of Club Platinum? Fantastic! For you, the 100% discount on fees will remain unchanged. Your account will not be affected. However, take note: if you choose to leave the Club and later rejoin, you will lose your exclusive right to the 100% discount, and the new terms will apply.

For those joining before 3 February

This is your golden opportunity! If you join Club Platinum (or upgrade from Club Bronze, Silver, or Gold) by 3 February, you can secure the 100% fee discount just like current members. Lock in your access to the Club before any increases and enjoy one of Young Platform’s most exclusive plans.

The new rebalancing mechanism for Young Platform clubs

And there’s more! From 4 February 2025, Young Platform will introduce a new system to determine the number of Young (YNG) tokens required to access the Clubs. This dynamic mechanism will adjust the requirement based on the market price of YNG, ensuring greater flexibility and optimal balance between supply and demand.

How the rebalancing works

  • Price increase: If the price of YNG rises, the number of tokens required to access the Clubs will decrease. An adjustment factor will ensure the reduction is balanced.
  • Price decrease: If the price of YNG falls, the number of tokens required will increase proportionally.

This model is based on YNG’s launch price (€0.24) and will not affect the requirements for those already enrolled in a Club.

Why it’s worth joining Club Platinum now

Let’s look at an example.

Today, the price of the YNG token is €0.15. With a budget of €3,750, you can purchase approximately 25,000 YNG—enough to join Club Platinum. After introducing the new economic model, if the price of Young (YNG) remains unchanged, the required number of tokens will increase to 40,000. This ensures that the euro value of Club memberships remains aligned with the original pricing.

  • Club Platinum price at the launch price of €0.24: 25,000 YNG x €0.24 = €6,000
  • Club Platinum price at the current price (€0.15): 40,000 YNG x €0.15 = €6,000

But there’s more! Starting in February 2025, Club members will benefit from competitive advantages in upcoming prize contests. Additionally, with the arrival of the Young Platform card and account, Club members will gain access to exclusive benefits, making their experience even more rewarding.

This is your final opportunity to secure one of Young Platform’s most affordable and exclusive plans. Don’t miss it!

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The new rebalancing mechanism for Young Platform’s Clubs

The new rebalancing mechanism for Young Platform’s Clubs

How many Young (YNG) Tokens are needed to join Young Platform’s Clubs?

From 4 February 2025, the number of Young (YNG) tokens required to access Young Platform’s Clubs will dynamically adjust based on the token’s market price. This new mechanism, first announced in the 2024 Q3 Report, aims to achieve an optimal balance between supply and demand while offering greater flexibility to users.

What does this change mean for Club Members?

If you’re already a Club member, don’t worry! The amount of YNG tokens you need to hold will remain unchanged. You’ll continue to enjoy all your membership benefits regardless of future changes to YNG’s price.

However, if you are considering joining, you should act quickly. Once the new mechanism is live, the YNG required to become a member is expected to increase.

Rebalancing Token Requirements for Club Membership

Since their introduction in May 2022, the amount of YNG required to join the Clubs has remained constant, calculated based on the token’s launch price of €0.24. But with the ambitious goals we’ve set for 2025, it’s time for an upgrade.

Why change the required amount of Tokens?

YNG is the beating heart of our ecosystem, and the Clubs are one of the main incentives for users to hold it. The new mechanism will ensure that the monetary commitment required for membership aligns more closely with the token’s market value.

JOIN A CLUB 

This adjustment is necessary for several reasons. The most evident is ​​a potential appreciation of YNG, which could make the Clubs practically inaccessible. Imagine what might happen if the price of the Young (YNG) token were to reach €3. To join the Silver Club, you would need to freeze tokens worth €15,000 to join the Silver Club and $75,000 for the Platinum Club.

How does it work?

Here’s how the new “pricing” mechanism for Young Platform’s Clubs will function:

  • If the price of Young (YNG) increases, the number of tokens required to join the Clubs will decrease. An adjustment factor will be applied to ensure that the necessary amount of YNG remains consistent, even in extreme token price growth cases. We are finalising the last tests to validate this model section under high-volatility scenarios. We will publish the final document containing formulas and projections before the mechanism goes live on 4 February 2025.
  • If the price of YNG decreases, the number of tokens required will increase proportionally.

This model will be applied to the current thresholds, which were determined based on the initial listing price of €0.24:

  • Bronze: 1,500 YNG
  • Silver: 5,000 YNG
  • Gold: 10,000 YNG
  • Platinum: 25,000 YNG

What happens to existing Members?

As previously mentioned, for Club members who do not intend to change their current status, the amount of Young (YNG) tokens required to remain in the Club will not change. Once you’ve joined a Club, your membership will remain valid even if the token’s price fluctuates.

This system balances accessibility and user commitment while offering an advantage to early adopters who have joined (or will join) the Clubs before introducing new features.

Why should you join the Clubs now? A practical example

Let’s take a concrete example to understand the new mechanism’s impact better.

Imagine you want to join Young Platform’s Silver Club today. You decide to invest approximately €700 because you want to:

  • Trade cryptocurrencies with reduced fees.
  • Earn extra APY on staking.
  • Benefit from discounts on our crypto tax-related services.
  • Current price of YNG: €0.12
  • Tokens purchasable with €700: approximately 5,800 YNG, enough to join the Silver Club.

But what will happen after 4 February 2025?

It’s essential to note that the number of tokens required to join the Clubs has been calculated based on YNG’s launch price of €0.24. When the rebalancing mechanism is activated, the token amount will be adjusted to account for the difference between that launch price and the current market value.

Specifically, the “euro value” of each Club’s original entry price is derived by multiplying the required YNG by its launch price (€0.24):

  • Bronze: €360
  • Silver: €1,200
  • Gold: €2,400
  • Platinum: €6,000

If, for example, YNG’s price at the time of the mechanism’s activation is €0.12 (50% lower than the launch price of €0.24), the amount of YNG required to join the Silver Club will increase by 100%. This means you would need 10,000 YNG instead of the current 5,000 YNG, and your budget of €700 would no longer be sufficient.

How about extreme price growth?

As mentioned, if YNG’s price exceeds the €0.24 threshold, an adjustment factor will reduce the required token amount. This ensures that the decrease is not strictly proportional to the price increase, maintaining fairness.

Final thoughts

The new rebalancing system represents a critical step in growing our ecosystem, particularly given the increased user base we expect following the launch of new features. Providing fair and balanced access to the Clubs is essential to this vision.

Have you chosen your Club yet? Don’t wait too long—membership could soon become more exclusive and expensive.


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This is how Donald Trump capitalised 12 billion in two days with his meme coin

Donald Trump's meme coin on Solana

Donald Trump surprised everyone by announcing the launch of a meme coin on Solana. Find out the price, capitalisation, and why this move is shaking up the entire crypto market.

Without warning, on the night between Friday and Saturday and thus just days before his inauguration into the White House, Donald Trump made an announcement that shook the cryptocurrency world. The 47th US president unveiled that he had launched a memecoin called Official Trump (TRUMP) on Solana, which surpassed a capitalisation of $12 billion within hours.

Some investors initially thought it was a prank or a hacking attack on social channels. Yet confirmation came directly from CIC Digital LLC, the same entity already handling the launch of the tycoon’s NFT collections.

The token was launched with Trump’s image inspired by the July assassination attempt in Butler, Pennsylvania, a commercial initiative that has split the world between those who criticise the operation as a blatant attempt to profit from the office he is about to occupy and those who espouse the idea of a celebratory instrument of victory.

Officially ‘Official Trump (TRUMP)’: ‘presidential’ token on Solana

The idea behind Official Trump (TRUMP) is quite clear: to establish itself as Donald Trump’s only ‘official’ memecoin. According to the information provided by the team, the token’s distribution foresees an initial availability of 200 million TRUMP from day one, intending to extend the total supply to 1 billion within three years.

  • Updated price: according to the latest figures, 1 TRUMP is around $53
  • Trading volume: in the last 24 hours, the Trump meme coin has recorded around $51 billion. A record for the industry.
  • Distribution: According to the meme coin’s website, 80% of the coin’s supply is owned by CIC Digital LLC, an affiliate of the Trump Organisation, and Fight Fight LLC, a company incorporated in Delaware on 7 January. According to documents filed by the state, both companies will receive an undisclosed share of trading revenue.

Trump announced the launch of his token on social media: ‘It’s time to celebrate everything we stand for: WINNING! Join my special Trump Community. GET YOUR $TRUMP NOW.’ Within hours, the token quickly entered the market’s top 20 cryptos by capitalisation. 

The legal notes specify that the tokens are not regarded as ‘an investment opportunity’ or ‘a security’ but rather as an expression of support and commitment to the ideals and beliefs embodied in the ‘$TRUMP’ symbol.

Market and community reactions

Public opinion remains divided:

  • Pro: Supporters see TRUMP as a way to democratise access to digital assets and celebrate a prominent political figure.
  • Cons: Critics fear using presidential power for commercial purposes, raising ethical and regulatory concerns.

Criticism and scepticism

Many analysts and investors have expressed doubts about the operation. Nick Tomaino, a venture capitalist and former Coinbase executive, said, “The fact that Trump owns 80% of the tokens and launched them in the run-up to the inauguration is predatory, and many could suffer losses.”

The Kobeissi Letter, a well-known industry analyst, also commented negatively on X, describing the operation as ‘bordering on insanity’. In particular, it pointed out how the launch of $MELANIA, another meme coin linked to the Trump family, resulted in the pulverisation of $7.5 billion in just 10 minutes.

Support and celebration

On the other hand, the community of Trump supporters sees this initiative as a symbol of victory and celebration. With the slogan ‘It’s time to celebrate everything we stand for: WIN!”, Trump has attracted thousands of buyers, fuelling the hype around the project.

The launch of $MELANIA competes with $TRUMP

The launch of $MELANIA, which took place just over 24 hours after Trump’s, has unexpectedly impacted the market, prompting some traders to sell the $TRUMP meme coin to bet on a new target. “The official Melania meme is available! You can buy $MELANIA now,” was written on X and later shared by Trump.

Immediately after the debut of $MELANIA, the value of $TRUMP plummeted by more than 50%, from $75 to $30. In the following hours, it gradually rose again to around $64. Meanwhile, the market capitalisation of $MELANIA reached an impressive $13 billion.

From sceptic to crypto supporter?

Trump had previously criticised Bitcoin and the entire cryptocurrency industry, calling them ‘scams’. However, during the election campaign, he radically changed course, calling himself the ‘cryptocurrency president’ several times and becoming the first presidential candidate to accept cryptocurrency donations.

Following this interest, Trump launched a DeFi project on Ethereum called World Liberty Financial. However, in that case, Trump family members neither owned the platform nor held official roles in the company.

In addition, he declared his intention to use his executive powers to reduce the regulatory burden on companies in the cryptocurrency industry and announced the formation of a new dedicated advisory board. 

Among his plans is an executive order recognising Bitcoin and the crypto sector as national policy priorities. The order would invite government agencies to collaborate with the industry and establish a federal reserve for Bitcoin, allowing the government to buy and sell cryptocurrency. 

What happened this weekend in the world of decentralised finance also impacted the price of Bitcoin, which recorded a new all-time high at $109,500. 

Trump Token: the latest step in campaign merchandising

The Trump meme coin is the newest addition to the growing merchandising line, which already includes products such as perfumes, colognes, the ‘Trump Watches’ (with a value of up to $100,000), as well as silver coins, limited edition trainers, Trump-branded Bibles and collectable NFTs. NFTs and Trump-branded guitars alone generated 11.8 million in revenue.

How did the other ‘Trump tokens’ react?

The news did not fail to wreak havoc on cryptocurrencies already using Trump’s name or image—projects that originated well before TRUMP‘s official launch. Despite enjoying a surge in popularity in the past months due to the tycoon’s political and other exploits, many of these tokens experienced an immediate slump in value in favour of the more ‘authentic’ mem coin signed by CIC Digital LLC.

  • Fluctuating performance: within hours of TRUMP’s official presentation, the other Trump-themed coins showed a decline in trading volumes.
  • Possible consolidation: Some ‘unofficial’ projects may attempt rebranding or collaborate to distinguish themselves. However, competing with the original ‘Trump brand’ could be a complex challenge.

What happens now?

The media effect generated by this meme coin is already evident: Official Trump (TRUMP) has catalysed the attention of the press and social media, fuelling the debate on how political leaders can influence (and sometimes distort) crypto markets.

The following steps could concern:

  1. New exchange listings: capitalisation could increase further if $TRUMP were to land on high-volume trading platforms.
  2. Utility development: beyond the ‘meme’ dimension, the project could evolve with additional functionalities, such as staking, governance or synergies with the NFT world.
  3. Regulations: The hypothesis that a sitting US president publicly supports a meme coin raises several regulatory questions, especially given the propensity of some authorities to monitor digital assets closely.

What are meme coins

Memecoins are cryptocurrencies inspired by memes, jokes or viral internet phenomena. Unlike utility tokens, meme coins are often created to exploit the popularity of a meme or community. Two of the most famous examples are Dogecoin, created as a joke based on the Shiba Inu dog meme, and Shiba Inu, developed as a direct response to Dogecoin.

These cryptocurrencies are often launched with motives related to humour or the desire to ride a trend. Their value is mainly based on community support and speculation rather than real utility or technological innovation. The price of a meme coin is fuelled by the demand and hype of the moment, making it highly volatile.In conclusion, the launch of Official Trump (TRUMP) represents a unique case in the crypto landscape, with implications beyond the meme coin market. The main question remains whether this operation will set a new standard for using cryptocurrencies by political leaders and public figures or whether it will be just a controversial interlude in the crypto world.

The purchase of $TRUMP is highly speculative and carries a significant risk of loss. The value of $TRUMP is subject to high volatility and may fluctuate drastically over short periods. Please note: $TRUMP is a meme coin, a cryptocurrency based on an internet meme, and its value may be influenced by factors unrelated to economic fundamentals. The cryptocurrency market is largely unregulated, and buyers have limited protection in case of losses. The information provided in this newsletter does not constitute financial advice. You should consult a qualified financial advisor before making any purchase decision. Only invest what you can afford to lose, and fully understand the risks associated with cryptocurrency purchases, especially meme coins, before proceeding.

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USA Inflation: Today’s CPI Data

April and May 2024 FED meeting: forecasts, news and decisions

The Consumer Price Index (CPI), the key metric used to estimate inflation in the United States, has just been released. The fate of the markets hinges on US inflation and today’s Consumer Price Index (CPI) data. In this article, we will explore what CPI is and why it matters, as well as analyse the latest figures.

What is the CPI?

Technically, the Consumer Price Index (CPI) is a fundamental economic indicator that measures changes in the prices of goods and services we buy daily. In other words, the CPI tells us how much the cost of living has changed over time.

The CPI is calculated by gathering price data for a representative “basket” of goods and services typically purchased by consumers. This basket includes a variety of products, such as food, clothing, housing, transportation, education, healthcare, and other common expenditures. The US Bureau of Labor Statistics (BLS) collects this data monthly across 75 urban areas and compares it with previous periods.

Why is the CPI important?

The CPI is used to measure inflation, or how much the cost of living is increasing. If the CPI rises, it indicates that prices are increasing, meaning we need to spend more to maintain the same standard of living.

Bitcoin and the CPI: what’s the link?

Recently, the correlation between Bitcoin’s price and the inflation rate has been declining, largely because inflation has approached the 2% target and the Federal Reserve (FED) began cutting interest rates in September. Despite this, Bitcoin continues to demonstrate its value as a safe-haven asset and a hedge against inflation.

This connection became particularly evident after the approval of spot Bitcoin ETFs, as their recent performance highlights. These financial instruments have increasingly attracted attention to Bitcoin.

The last time this happened

When Bitcoin’s price plummeted due to turmoil in traditional financial markets, many investors sought refuge in more stable assets, leading to heightened BTC volatility. In such contexts, the Consumer Price Index becomes essential for understanding inflation trends and making informed decisions. A stable or declining CPI could foster a less uncertain economic climate, helping to reduce Bitcoin and cryptocurrency volatility.

Analysis of December 2024 CPI data

On 11 December 2024, the BLS released November 2024 CPI data. According to the report, the CPI rose by 2.7% year-on-year, aligning with expectations.

What do these numbers mean?

The 2.7% increase in the CPI indicates that inflation has slightly risen compared to the previous month. However, as this aligns with BLS forecasts, the rise is not currently a cause for concern. It remains to be seen whether the FED will pause its interest rate cuts during next week’s FOMC meeting (18 December) or proceed as planned.

Historical CPI data in 2024

Here’s a summary of CPI figures for recent months in 2024:

  • November 2024: 2.7% (expected: 2.7%)
  • October 2024: 2.6% (expected: 2.6%)
  • September 2024: 2.4% (expected: 2.3%)
  • August 2024: 2.5% (expected: 2.5%)
  • July 2024: 2.9% (expected: 3.0%)
  • June 2024: 3.0% (expected: 3.1%)
  • May 2024: 3.3% (expected: 3.4%)
  • April 2024: 3.4% (expected: 3.4%)
  • March 2024: 3.5% (expected: 3.4%)

The data shows that inflation consistently declined throughout 2024, only to rise slightly in the last month. Could Donald Trump’s upcoming inauguration as President in January 2025 shake things up further?

Stay tuned for updates and market insights!

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Gold Price Forecast: heading towards new records in 2025

Gold price forecast 2025: what will happen to the price?

As of recent months, gold has touched remarkable highs, hovering around $2,800 per ounce and boasting annual growth of approximately 30%. Key factors driving this surge include inflation pressures, a weakening US dollar, and heightened geopolitical tensions. With gold now in “price discovery” mode, 2025 predictions are under intense scrutiny.

Can gold sustain its rise after Trump’s 2024 election victory?

The upcoming year holds further potential for gold, particularly in light of the complex geopolitical landscape and Trump’s recent election victory. Will this political shift push gold prices to new peaks, or might the market face unexpected downturns? Here’s an expert-backed look into 2025’s gold price forecast, including the potential factors influencing this precious metal.

Expert predictions for Gold price in 2025

Analysts from top financial institutions remain optimistic about gold’s trajectory for 2025. Here are some key predictions:

  • JP Morgan has noted that a Trump administration could benefit gold prices due to heightened market volatility and the potential for currency weakness. This “debasement trade,” where investors seek safe-haven assets, supports the idea that gold could thrive as fiat currencies face mounting challenges.
  • Goldman Sachs forecasts a possible price high of $3,000 per ounce if current geopolitical and economic trends persist. According to their analysis, Trump’s election and potential shifts in monetary policy could further favour the precious metal.
  • Wisdomtree, a prominent investment fund, expects gold prices to reach around $2,750 by Q1 2025. This is supported by ongoing global conflicts and uncertain economic conditions that continue to fuel demand for safe-haven assets like gold.
  • Citi Group has similarly set a $2,900 target for early 2025, citing similar factors such as inflation concerns, monetary policy, and geopolitical tensions.
  • Bank of America (BoA) also offers a robust forecast, suggesting prices may surpass the $3,000 mark in 2025, mainly if the dollar shows signs of weakening amid heightened global risks.

Key Drivers for Gold’s Potential Surge

As experts analyse 2025’s outlook for gold, a few primary drivers emerge:

  1. Dovish Federal Reserve policy
    The US Federal Reserve’s recent interest rate cuts have made government bonds less attractive, drawing investors toward gold as a secure alternative. If this dovish stance continues, it could bolster the gold market.
  2. Potential US dollar crisis
    Historically, a weaker dollar supports higher gold prices. Many experts anticipate that the dollar’s recent volatility may persist, further benefitting gold as a stable store of value. However, gold could see some downward pressure if Trump’s policies strengthen the dollar.
  3. Geopolitical uncertainty
    The ongoing Russia-Ukraine conflict and instability in the Middle East show few signs of resolution. Trump’s upcoming administration may impact these conflicts, making gold a risk-averse investment.
  4. Inflation and global economic health
    Rising inflation rates remain a pressing concern, with gold serving as a traditional hedge against inflation. As central banks grapple with inflationary pressures, gold may continue to attract investors seeking stability amid economic volatility.

Gold Investment Options for 2025

For investors looking to capitalise on gold’s projected growth in 2025, there are multiple accessible avenues:

  • Physical Gold
    Investing in physical gold, such as coins or bullion, remains a popular choice for traditionalists seeking tangible assets.
  • Gold ETFs and Funds
    Exchange-traded funds (ETFs) offer a convenient way to gain exposure to gold without storing physical assets.
  • Gold-Backed cryptocurrencies (Pax Gold)
    For those looking for a modern twist, Pax Gold (PAXG) is a digital asset backed by physical gold. This stablecoin allows investors to hold gold in a more liquid and divisible form, reflecting the current value of gold and making it an accessible option for both large and small investors.

Conclusion: what lies ahead for Gold prices in 2025?

Overall, 2025 is anticipated to be a pivotal year for gold, driven by economic, political, and financial factors that could propel it to record highs. With forecasts suggesting gold prices may break the $3,000 threshold, this precious metal remains an attractive option for investors seeking a safe-haven asset amidst an unpredictable global landscape.

Whether you’re looking to invest directly in physical gold, explore gold-backed digital assets, or follow gold market trends, staying informed about expert forecasts can guide your investment choices.

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What is de-dollarisation? Are the BRICS challenging the dollar’s supremacy?

What is de-dollarisation? Is it coming?

De-dollarisation refers to the gradual reduction in using the United States dollar as the primary currency in global trade and financial transactions. Since World War I, the dollar has reigned supreme, acting as the cornerstone of the global financial system.

However, the situation may be shifting with increasing globalisation and the rise of economies once deemed emerging but now crucial to global GDP. What does de-dollarisation truly mean, and how could it reshape the global economic landscape?

What is de-dollarisation?

Joyce Chang, chair of Global Research at J.P. Morgan, explains:

“The notion that the dollar is losing its status as a reserve currency has gained traction, particularly as the world has divided into trading blocs following Russia’s invasion of Ukraine and the growing strategic competition between the United States and China.”

In the US, the idea of devaluing the dollar to maintain economic competitiveness has even surfaced during electoral debates. But is the dollar truly losing its grip?

De-dollarisation describes the decreasing reliance on the US dollar in international transactions and reserves, a trend that could undermine its dominance over global financial markets. Currently, most international loans and investments are dollar-denominated, but this status is only guaranteed to last for a while.

The forces driving de-dollarisation

Two main factors threaten the dollar’s dominance: internal and external pressures.

  1. Internal stability and US leadership
    The dollar’s status is closely tied to the United States’ economic, political, and military strength. Will the US maintain its position as the world’s leading superpower in the coming years? This is a question facing policymakers and the new US administration led by Donald Trump. Achieving this is far from certain, and any decline in US influence could erode confidence in the dollar.
  2. The rise of the BRICS nations
    Externally, countries within the BRICS group—especially China, India, and Russia—actively seek alternatives to dollar reliance. For instance, China’s push to stabilise and internationalise the yuan could make it a viable competitor. Similarly, Russia has already shifted to using roubles, yuan, dirhams, and rupees for oil trade, reducing its dependency on the dollar.

The impact of de-dollarisation

Understanding de-dollarisation also involves assessing its potential consequences for the global economy, particularly for the United States.

  • The shift in global power dynamics
    A diminished role for the dollar would irrevocably alter the balance of power among the world’s most influential nations. US financial assets, such as stocks and bonds, could experience slower growth, while yields on fixed-income assets like government bonds may rise due to declining demand.
  • US exports and inflation
    A weaker dollar could make US exports more competitive globally, potentially boosting manufacturing. However, it may also discourage foreign investment in the US and contribute to higher inflation as import costs rise.
  • Commodity markets
    This shift is already evident in the commodities market, where some nations are bypassing the dollar in favour of local currencies. Russia, for example, conducts oil trades in currencies such as the Chinese yuan, Emirati dirham, and Indian rupee.
  • Increased demand for gold and scarce assets
    A move away from the dollar could drive up gold prices, as central banks may prefer gold as a reserve asset. Similarly, other scarce assets like Bitcoin could become increasingly attractive for preserving value.

Is de-dollarisation imminent?

While the United States has seen its share of global trade diminish, this does not necessarily mean de-dollarisation is inevitable.

The decline in the dollar’s share among central bank reserves, especially in emerging markets, is not yet significant enough to justify major concerns. Key factors such as bank deposits, sovereign wealth funds, and foreign investments continue to support the dollar’s dominance. Moreover, the dollar remains central to global finance due to its deep capital markets and robust financial transparency.


Stay informed on the shifting tides of global finance with Young Platform.

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MicroStrategy Bitcoin Holdings: risks and opportunities

MicroStrategy stocks (MSTR) have become a unique market case closely linked to Bitcoin’s performance. But how sustainable is this strategy?

Under Michael Saylor’s leadership, MicroStrategy has transformed its business model to integrate Bitcoin deeply. As the largest corporate holder of Bitcoin, MicroStrategy has created a unique connection between its stock price (MSTR) and the cryptocurrency’s value. This article examines the risks and opportunities of this strategy and evaluates whether the approach can be sustained in volatile markets.

MicroStrategy’s Bitcoin holdings: a bold business model

MicroStrategy holds over 402,000 bitcoins, valued at approximately $38.3 billion. The company finances these purchases through innovative convertible bonds, allowing investors to convert bonds into shares or claim repayment at maturity. This model effectively positions MicroStrategy as a proxy for Bitcoin investments.

Key Highlights:

  • Convertible Bonds: These bonds help MicroStrategy raise capital for Bitcoin purchases without direct risk to investors.
  • Stock Price Multiplier Effect: Historically, MicroStrategy’s stock price has risen 3–5x relative to Bitcoin’s growth. For example, a 10% BTC increase could lead to a 30%-50% rise in $MSTR.

The link between MicroStrategy Bitcoin holdings and stock value

MicroStrategy’s stock performance reflects Bitcoin’s market trends. As of today, the company holds Bitcoin worth $36 billion, yet its market cap exceeds $83 billion. This multiplier effect makes $MSTR an attractive investment for those seeking leveraged exposure to Bitcoin.

Additionally, MicroStrategy recently announced a $42 billion Bitcoin purchase plan over the next three years, reinforcing its commitment to this strategy.

Risks of MicroStrategy’s Bitcoin strategy

Despite the impressive returns, this model is not without vulnerabilities. Below are the primary risks:

  1. Interest Rate Sensitivity: Rising inflation and interest rates could make financing through bonds more expensive.
  2. Bitcoin Price Drops: A significant BTC downturn could rapidly devalue $MSTR shares. For instance, a 10% BTC decline might trigger a 30%- 50% drop in MicroStrategy’s stock price.
  3. Unsustainable Debt: Failure to meet stock price targets could compel MicroStrategy to repay bondholders in cash, requiring it to liquidate Bitcoin holdings.
  4. Market Impact: Forced sales of Bitcoin could further depress BTC prices, creating a negative feedback loop that affects MicroStrategy and the broader crypto market.
  5. Systemic Risk: MicroStrategy holds 1.84% of all Bitcoins, and its collapse could destabilise the cryptocurrency ecosystem.

Can MicroStrategy trigger a crypto market collapse?

While an extreme scenario where MicroStrategy triggers a crypto market crash is conceivable, it remains unlikely. Bitcoin has become a resilient asset, and even if MicroStrategy faced significant challenges, the cryptocurrency market is robust enough to weather the storm.

In a more plausible scenario, MicroStrategy might experience a steep stock price decline without needing to liquidate its Bitcoin reserves. However, this would still serve as a cautionary tale for heavily leveraged strategies tied to volatile assets like Bitcoin.

Conclusion

MicroStrategy’s Bitcoin holdings strategy offers a high-risk, high-reward opportunity. For investors, $MSTR provides leveraged exposure to Bitcoin’s performance, but it also carries risks tied to market volatility and financial obligations. While the company’s bold approach has yielded impressive returns, potential vulnerabilities warrant careful consideration.

Bitcoin’s value might not hinge on MicroStrategy, but the inverse could hold true: MicroStrategy’s fate is deeply tied to Bitcoin.

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