US Politician Places Bold Bet on Cryptocurrency
US Representative Michael Collins disclosed a purchase of Velodrome (VELO) after revealing his Ethereum (ETH) investments. A US politician has made another intriguing crypto bet, shortly after he captivated the cryptocurrency community with a disclosure of his Ethereum (ETH) purchases prior to the United States Securities and Exchange Commission (SEC) sanctioning spot Ethereum exchange-traded funds […]
South Korea’s Inspection of 600 Tokens Sparks Panic Among Altcoins
South Korean exchanges‘ inspection of 600 tokens post-virtual asset law implementation next month triggers panic and altcoin price declines, despite government assurances of non-involvement. A South Korean news outlet has announced that 600 tokens will be inspected by exchanges following the implementation of the virtual asset law, which is scheduled to take place next month. […]
Trump Token Whale Nets $3.7M Profit Amid Memecoin Decline
A Trump Token whale made a $3.7 million profit by selling 171,000 tokens amid a market sell-off. The current market sell-off has resulted in a $3.7 million profit for a significant memecoin holder, or whale, who sold his Maga (TRUMP) tokens. In the past 24 hours, whale wallet ‘0x52C0′ has sold over 171,000 Trump tokens […]
Drake loses $500K Bitcoin bet as Celtics beat Mavs 4-1
Drake loses $500K Bitcoin bet on Mavericks in NBA Finals, risks further losses with NHL bet. The renowned rapper Drake, who is renowned for his extravagant lifestyle on Instagram, recently placed substantial Bitcoin wagers on the outcomes of the NBA Finals and the NHL Stanley Cup Finals through his partnered betting platform, Stake. Nevertheless, his […]
Bitfinex Lists First USD-Denominated, Gold-Backed Tether Asset
Bitfinex lists a new USD-denominated, gold-backed Tether asset, AUSDT, enhancing stability in the crypto market. Bitfinex, a prominent digital asset trading platform, has disclosed including a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. Introducing a new level of stability and reliability to the volatile cryptocurrency market, this innovative offering is tethered to Tether […]