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MicroStrategy has purchased an additional $786 million worth of Bitcoin from proceeds raised in a recent convertible bond offering. The publicly traded company now holds a total of 226,331 BTC. MicroStrategy adds $786 million in Bitcoin On the evening of June 20, 2024 (Vietnam time), MicroStrategy announced the acquisition
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The cryptocurrency market on the morning of June 18 is experiencing a fresh correction, causing many altcoins that surged recently to drop by up to 20%. Price fluctuations of top cryptocurrencies at 09:10 AM on June 18, 2024. Source: Coin360 On the morning of June 18, the price of
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Tether is set to introduce a new composite asset portfolio, starting with a gold-backed token named aUSDT, secured by physical gold stored in Switzerland. Tether Launches Gold-Backed Token in Switzerland. Photo: Tether Tether, the world's largest issuer of stablecoins, has introduced a new category of cryptocurrencies called "
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According to Nansen, over 40% of the top 10,000 wallet addresses in the recent ZKSync airdrop swiftly sold off their received tokens immediately after ZK was listed. Over 40% of Top ZK Airdrop Wallets Sell Tokens. Photo: Unchained Crypto Nansen's statistics reveal that 41.1% of the
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According to findings from Liquid Collective and Obol, Ethereum's upcoming 2025 upgrade named Pectra harbors significant risks. Key Risks in Ethereum's Pectra Upgrade. Image: Bloomberg Research conducted by Liquid Collective and Obol highlights various risks associated with Ethereum's next major upgrade, Pectra, slated for
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On June 13th, U.S. Bitcoin spot ETFs marked their second largest outflow day of June, with over $226 million exiting the market. Bitcoin Spot ETF Sees Largest Outflow Day Since Early May According to Farside Investors, Fidelity's FBTC recorded the largest outflow among the funds, with $106
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Upcoming upgrades will see Cardano's treasury transferred to the community. Cardano holds the 8th largest treasury in the crypto industry. Cardano to Transfer $682 Million Treasury to Community Cardano, a Proof of Stake (PoS) layer-1 blockchain launched in 2017, is approaching a significant milestone - the transfer of
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On June 12th (U.S. time), the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve announced its latest interest rate decision, keeping rates unchanged within the range of 5.25% to 5% - the highest levels since the 2008 financial crisis. Fed Maintains Interest Rates for 7th
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The crypto market has witnessed a significant sell-off from large-scale users over the past two days, resulting in a sudden surge in liquidations. Value Fluctuations of Leading Cryptocurrencies as of 08:35 AM on 12/06/2024. Source: Coin360 According to CoinGlass, this sell-off has led to approximately $260.13
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The market capitalization of financial and political memecoins (also known as PolitiFi) has plunged by over 13% in the past 24 hours. Political Memecoins Plummet Following Biden's Son Conviction Image: BBC During the trial on June 11th, President Joe Biden's son, Hunter Biden, was convicted on
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After more than 5 years of dormancy, a whale wallet has transferred a total of 8,000 Bitcoin from its cold storage on Coinbase to Binance without any prior transactions for verification. Whale Wallet Moves Over $536 Million USD in Bitcoin to Binance After 5-Year Dormancy Image: CryptoSlate According to
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Apple's stock fell nearly 2% as the tech giant unveiled its AI plans at its annual developer event. AI tokens also felt the ripple effects. AI Token Reacts Negatively to Apple's New Product. Image: CNBC Apple's biggest tech event of the year, WWDC 2024,