LIVEGutsul Crypto News
@GutsulCrypto
Crypto is not a lottery. Crypto is an industry. Our philosophy is facts. There are no magic pills here. We speak without infogypsy, clickbait and ponts.
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The PEPE meme coin continues to hit all-time highs for the second consecutive day, with its price rising more than 25% over the past week.
PEPE's market capitalization exceeds $4.3 billion, placing it 23rd in the cryptocurrency market capitalization rankings, ahead of projects like Aptos and Ethereum Classic.
PEPE's market capitalization exceeds $4.3 billion, placing it 23rd in the cryptocurrency market capitalization rankings, ahead of projects like Aptos and Ethereum Classic.
LIVEGutsul Crypto News
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Just look at what's happening with this meme coin!
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
Peter Thiel's venture firm bets on Polymarket, a cryptocurrency prediction market
Peter Thiel's Founders Fund is investing in one of the largest cryptocurrency prediction markets, Polymarket, despite increasing restrictions on such platforms by major US regulators.
Polymarket raised $45 million in a Series B funding round. The round was led by Founders Fund, with participation from Ethereum co-founder Vitalik Buterin, 1confirmation, ParaFi, and Dragonfly Capital. Polymarket's total funding now amounts to $70 million.
The company attracts users by predicting the outcomes of various events, with bets on the 2024 US presidential election becoming its most popular contract on the platform.
Wherever you look—it's all for the gamblers.
#FoundersFund #Polymarket #PeterThiel #Crypto
Peter Thiel's Founders Fund is investing in one of the largest cryptocurrency prediction markets, Polymarket, despite increasing restrictions on such platforms by major US regulators.
Polymarket raised $45 million in a Series B funding round. The round was led by Founders Fund, with participation from Ethereum co-founder Vitalik Buterin, 1confirmation, ParaFi, and Dragonfly Capital. Polymarket's total funding now amounts to $70 million.
The company attracts users by predicting the outcomes of various events, with bets on the 2024 US presidential election becoming its most popular contract on the platform.
Wherever you look—it's all for the gamblers.
#FoundersFund #Polymarket #PeterThiel #Crypto
The Wisconsin State Investment Board purchased $162,000,000 in Bitcoin ETF shares.
Over $99 million were invested in BlackRock's Bitcoin ETF, while $63 million were invested in Grayscale's Bitcoin ETF.
The Wisconsin State Investment Board (SWIB) manages assets exceeding $165 billion.
Over $99 million were invested in BlackRock's Bitcoin ETF, while $63 million were invested in Grayscale's Bitcoin ETF.
The Wisconsin State Investment Board (SWIB) manages assets exceeding $165 billion.
🤡 The crypto community is trying to decrypt the mysterious videos from Roaring Kitty…
▫️Roaring Kitty posted 13 videos on his Twitter… GameStop shares continue to rocket (as does the meme-coin #GME) amidst his return—stock exchanges are halting trading due to volatility.
▫️Roaring Kitty’s comeback is seen by many as a continuation of the "war" between retail traders and Wall Street. Over $5,000,000,000 in SHORT positions in GameStop and AMC stocks were liquidated in just two days.
▫️The value of some meme-coins is rapidly increasing.
❕Many users suspect that Roaring Kitty's videos are dedicated to "cat" meme-coins, with #PEPE investors confident—one of the videos hints specifically at their token. Enthusiasts have also found a reference to the meme-project #NPC.
▫️Roaring Kitty posted 13 videos on his Twitter… GameStop shares continue to rocket (as does the meme-coin #GME) amidst his return—stock exchanges are halting trading due to volatility.
▫️Roaring Kitty’s comeback is seen by many as a continuation of the "war" between retail traders and Wall Street. Over $5,000,000,000 in SHORT positions in GameStop and AMC stocks were liquidated in just two days.
▫️The value of some meme-coins is rapidly increasing.
❕Many users suspect that Roaring Kitty's videos are dedicated to "cat" meme-coins, with #PEPE investors confident—one of the videos hints specifically at their token. Enthusiasts have also found a reference to the meme-project #NPC.
LIVEGutsul Crypto News
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I hope you've also watched the movie "Dumb Money." If not, you should check it out soon.
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
❗️ Zeta Markets Raises $5 Million
🏢 Zeta Markets, a decentralized exchange for trading cryptocurrencies on Solana, has raised $5 million in a strategic funding round.
💼 The round was led by Electric Capital, with participation from Digital Asset Capital Management (DACM), Selini Capital, Airtree Ventures, and others.
💰 This round brings Zeta Markets' total funding to $13.5 million.
🌐 The funds will be used to accelerate the development of a second-layer (L2) network for Solana. Zeta also plans to launch its own token and conduct an Airdrop later this year.
#ZetaMarkets #Solana #DEX
🏢 Zeta Markets, a decentralized exchange for trading cryptocurrencies on Solana, has raised $5 million in a strategic funding round.
💼 The round was led by Electric Capital, with participation from Digital Asset Capital Management (DACM), Selini Capital, Airtree Ventures, and others.
💰 This round brings Zeta Markets' total funding to $13.5 million.
🌐 The funds will be used to accelerate the development of a second-layer (L2) network for Solana. Zeta also plans to launch its own token and conduct an Airdrop later this year.
#ZetaMarkets #Solana #DEX
🐦 How did the short squeeze go?
Short sellers of GameStop (GME) and AMC lost $5 billion in 2 days ❤️
A couple of tweets worth $5 billion 💪
Short sellers of GameStop (GME) and AMC lost $5 billion in 2 days ❤️
A couple of tweets worth $5 billion 💪
LIVEGutsul Crypto News
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⚡️⚡️⚡️ GameStop stock (#GMT) +100% - trading halted
🐦 Just one tweet
📈 Gamestop, GME, surpassed the $10 billion mark for the first time since October 2022. Shares soared by over 120% due to a tweet from Roaring Kitty.
📱 In 2021, Reddit users pumped up GameStop's stocks. Roaring Kitty was a key figure in this movement. They did this to cause large funds that had shorted the stocks to lose money.
Right now, the funds have already lost more than $1 billion.
A movie called "Dumb Money" was even made about this story 🧢
Also, Andrew Tate bought $1 million worth of these stocks. He wrote that this was his way of fighting against the system and the matrix. He added that he would never sell these stocks 💪
📈 Gamestop, GME, surpassed the $10 billion mark for the first time since October 2022. Shares soared by over 120% due to a tweet from Roaring Kitty.
📱 In 2021, Reddit users pumped up GameStop's stocks. Roaring Kitty was a key figure in this movement. They did this to cause large funds that had shorted the stocks to lose money.
Right now, the funds have already lost more than $1 billion.
A movie called "Dumb Money" was even made about this story 🧢
Also, Andrew Tate bought $1 million worth of these stocks. He wrote that this was his way of fighting against the system and the matrix. He added that he would never sell these stocks 💪
⚠️ Jerome Powell (Chair of the #Fed):
✔ The US economy is performing very well.
✔ The labor market is strong (as pre-pandemic), with signs of cooling.
✔ Households are currently in a positive financial state.
✔ Demand and supply are returning to a better balance.
✔ In the fight against inflation, we need to be patient and allow the Fed's monetary policy to do its work.
✔ I expect GDP growth of 2% and higher.
✔ There was no progress in disinflation in the first quarter.
✔ My confidence in rapid inflation decline is lower than it was before.
✔ Today's PPI report was quite ambiguous.
✔ If inflation continues to be persistent— the Fed might have to maintain restrictive monetary policy for longer.
✔ The Fed is unlikely to decrease or increase the rate at the next meeting.
The post will be updated.
✔ The US economy is performing very well.
✔ The labor market is strong (as pre-pandemic), with signs of cooling.
✔ Households are currently in a positive financial state.
✔ Demand and supply are returning to a better balance.
✔ In the fight against inflation, we need to be patient and allow the Fed's monetary policy to do its work.
✔ I expect GDP growth of 2% and higher.
✔ There was no progress in disinflation in the first quarter.
✔ My confidence in rapid inflation decline is lower than it was before.
✔ Today's PPI report was quite ambiguous.
✔ If inflation continues to be persistent— the Fed might have to maintain restrictive monetary policy for longer.
✔ The Fed is unlikely to decrease or increase the rate at the next meeting.
The post will be updated.
🔥+2200% due to hype.
The meme-coin GameStop (GME) increased by 2200% in a week due to the hype around Roaring Kitty.
According to Coindesk, Keith Gill's publications spurred the growth of the meme-coin market as a whole.
It should be noted that the GME token is just a meme-coin on the Solana blockchain, which has no relation to the GameStop company.
And such things happen😮
The meme-coin GameStop (GME) increased by 2200% in a week due to the hype around Roaring Kitty.
According to Coindesk, Keith Gill's publications spurred the growth of the meme-coin market as a whole.
It should be noted that the GME token is just a meme-coin on the Solana blockchain, which has no relation to the GameStop company.
And such things happen😮
LIVEGutsul Crypto News
--
I hope you've also watched the movie "Dumb Money." If not, you should check it out soon.
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
And now take a look at the young dog I've written about here more than once. It hasn't yet entered its active growth phase.
20m cap, rapidly increasing number of wallets, active Twitter "although not quite like the top memes."
It's either Gem or... well, as it always happens with memes...)
And this does not mean that you should now take all your funds and put them into memes at the current prices. Remember financial planning, the risks of investing, especially in such assets, and do not take on a risk that you are not prepared to accept.
General rules of investing, as well as dealing with high-risk assets, must be followed, and one should avoid thoughtless and uninformed actions.
20m cap, rapidly increasing number of wallets, active Twitter "although not quite like the top memes."
It's either Gem or... well, as it always happens with memes...)
And this does not mean that you should now take all your funds and put them into memes at the current prices. Remember financial planning, the risks of investing, especially in such assets, and do not take on a risk that you are not prepared to accept.
General rules of investing, as well as dealing with high-risk assets, must be followed, and one should avoid thoughtless and uninformed actions.
LIVEGutsul Crypto News
--
Just look at what's happening with this meme coin!
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
Investments in spot Bitcoin ETFs.
According to Form 13F, Wolverine Asset Management and Envestnet invested over $96 million in Fidelity's Bitcoin ETF.
In addition, Envestnet invested more than $19 million in bitcoin funds from Grayscale, ARK Invest, BlackRock, and Bitwise.
The Bank of Montreal, which manages assets of $333 billion, also invested over $6.5 million in shares of Bitcoin ETFs.
According to Form 13F, Wolverine Asset Management and Envestnet invested over $96 million in Fidelity's Bitcoin ETF.
In addition, Envestnet invested more than $19 million in bitcoin funds from Grayscale, ARK Invest, BlackRock, and Bitwise.
The Bank of Montreal, which manages assets of $333 billion, also invested over $6.5 million in shares of Bitcoin ETFs.
LIVEGutsul Crypto News
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💰 JUST IN: VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in Q1.
Author's comment:
VanEck's Bitcoin ETF, officially known as the VanEck Bitcoin Trust and trading under the ticker HODL, has seen significant growth in its assets. By the end of the first quarter of 2024, it managed to accumulate a substantial amount of Bitcoin, with its net assets increasing notably. The trust holds a considerable $619 million worth of Bitcoin, signaling strong investor confidence and a robust start for this financial product.
The VanEck Bitcoin Trust is part of a broader trend where significant funds are expected to flow into spot Bitcoin ETFs. For the first quarter of 2024 alone, VanEck projected an inflow of $2.4 billion into these ETFs, which is expected to support the Bitcoin price.
For further detailed updates and performance metrics, you might want to check VanEck’s official resources or financial news platforms that track ETF performances.
Author's comment:
VanEck's Bitcoin ETF, officially known as the VanEck Bitcoin Trust and trading under the ticker HODL, has seen significant growth in its assets. By the end of the first quarter of 2024, it managed to accumulate a substantial amount of Bitcoin, with its net assets increasing notably. The trust holds a considerable $619 million worth of Bitcoin, signaling strong investor confidence and a robust start for this financial product.
The VanEck Bitcoin Trust is part of a broader trend where significant funds are expected to flow into spot Bitcoin ETFs. For the first quarter of 2024 alone, VanEck projected an inflow of $2.4 billion into these ETFs, which is expected to support the Bitcoin price.
For further detailed updates and performance metrics, you might want to check VanEck’s official resources or financial news platforms that track ETF performances.
A lone miner successfully mined BLOCK 843231 with just 0.5 EH/s at their disposal and earned over $200,000 as a reward.
Just look at what's happening with this meme coin!
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
The number of new wallets is simply breaking records, and the price is soaring without any obstacles.
No funds, no problems.
This doesn't mean that fundamental projects into which famous funds have poured hundreds of millions of dollars are junk on which only the funds will profit. No, it's not like that at all. There's just a different form of manipulation, a different math - and it's actually more predictable.
What might happen with a meme coin that lacks funds and where the hype is insanely growing is a ticking time bomb. It's a very high risk - but also the potential for fabulous returns, though not everyone will reap them.
LIVEGutsul Crypto News
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🐦 Today's top gainers:
PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
🐦 4 out of 5 are meme coins. Their growth was driven by yesterday's tweets from Roaring Kitty. Read about it in our post.
PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
🐦 4 out of 5 are meme coins. Their growth was driven by yesterday's tweets from Roaring Kitty. Read about it in our post.
🐦 Today's top gainers:
PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
🐦 4 out of 5 are meme coins. Their growth was driven by yesterday's tweets from Roaring Kitty. Read about it in our post.
PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
🐦 4 out of 5 are meme coins. Their growth was driven by yesterday's tweets from Roaring Kitty. Read about it in our post.
LIVEGutsul Crypto News
--
I hope you've also watched the movie "Dumb Money." If not, you should check it out soon.
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Here are those same GameStop shares. On the left, I highlighted the area; the events of those days were described in the movie.
On the right side, what started happening with the shares of this company after Roaring Kitty returned🙂
On the right side, what started happening with the shares of this company after Roaring Kitty returned🙂
LIVEGutsul Crypto News
--
I hope you've also watched the movie "Dumb Money." If not, you should check it out soon.
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
I hope you've also watched the movie "Dumb Money." If not, you should check it out soon.
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
Kitty, the main character of the film, has returned to social media for the first time after a long break and is causing a stir on Twitter.
The essence of the film is about retail investors who, inspired by Kitty, took on the hedge funds of Wall Street by investing in GameStop shares.
Now, Kitty's comeback is translating into the world of cryptocurrencies, specifically the meme coin sector, which is shooting into the stratosphere. Look at how PEPE is growing, especially over the last few days. This meme coin has reached a new all-time high and doesn't seem to be stopping.
As a result, new people are entering the market, noise is increasing, and the situation with GameStop is now being cleverly manipulated to show retail investors the possibility of enrichment.
Sure, I'll keep that in mind! Watching "Dumb Money" could indeed help me better understand the context of everything you're discussing. Thanks for the recommendation! 👍
LIVEGutsul Crypto News
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💥The legendary Roaring Kitty has returned to the media—GME stock soared by 100%
🖥Background: Financial analyst Keith Gill, a legendary figure who was featured in the film Dumb Money, gathered a community from the Reddit forum in January 2021, pumped GameStop (GME) shares, and "broke" Wall Street, leaving investment funds that had bet on GME's decline out in the cold.
🚀Today, three years later, Gill has returned to the media, posting a picture on Twitter (photo 1). Against the backdrop of the legend’s return, GameStop shares skyrocketed by 110%, and trading was halted five times due to high volatility. Hedge funds are again feeling blue, as short sellers of GME shares lost one billion dollars in just a few hours!
🔼This event also impacted the crypto world—meme coins associated with Roaring Kitty and GameStop, such as KITTY and GME, exploded by thousands of percent.
🖥Background: Financial analyst Keith Gill, a legendary figure who was featured in the film Dumb Money, gathered a community from the Reddit forum in January 2021, pumped GameStop (GME) shares, and "broke" Wall Street, leaving investment funds that had bet on GME's decline out in the cold.
🚀Today, three years later, Gill has returned to the media, posting a picture on Twitter (photo 1). Against the backdrop of the legend’s return, GameStop shares skyrocketed by 110%, and trading was halted five times due to high volatility. Hedge funds are again feeling blue, as short sellers of GME shares lost one billion dollars in just a few hours!
🔼This event also impacted the crypto world—meme coins associated with Roaring Kitty and GameStop, such as KITTY and GME, exploded by thousands of percent.
Transaction fees on the Ethereum network have dropped to a record low for the year: on average $0.5 per transaction, which is almost five times lower than in February.
📚 Is CZ planning to write a book?
CZ stated that he will have plenty of time for creative work while in prison. He intends to use this opportunity to write something.
Would you like to read a book by the former CEO of Binance?
CZ stated that he will have plenty of time for creative work while in prison. He intends to use this opportunity to write something.
Would you like to read a book by the former CEO of Binance?
Tornado Cash developer Alexey Pertsev found guilty of money laundering.
Today, a Dutch court found Tornado Cash developer Alexey Pertsev guilty of laundering $1.2 billion and participating in 36 illegal transactions, one of which was linked to the 2022 hacking of the Ronin blockchain bridge of the Axie Infinity game.
Alexey Pertsev will now serve a 64-month prison sentence.
Today, a Dutch court found Tornado Cash developer Alexey Pertsev guilty of laundering $1.2 billion and participating in 36 illegal transactions, one of which was linked to the 2022 hacking of the Ronin blockchain bridge of the Axie Infinity game.
Alexey Pertsev will now serve a 64-month prison sentence.
LIVEGutsul Crypto News
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🌪#TORN Tornado Cash developer Alexey Pertsev to be jailed for 64 months! (coindesk)
- A Dutch court found him guilty of laundering $1.2 billion.
- A Dutch court found him guilty of laundering $1.2 billion.
The US tightens rules for Chinese companies
President Joe Biden signed a law prohibiting the China-supported cryptocurrency mining company MineOne Partners Ltd. from owning land near a nuclear missile base in Wyoming, citing a threat to national security.
State legislators are also introducing bills that prohibit Chinese companies and citizens from purchasing land near military bases, strengthening measures against possible foreign influence on critical infrastructure.
President Joe Biden signed a law prohibiting the China-supported cryptocurrency mining company MineOne Partners Ltd. from owning land near a nuclear missile base in Wyoming, citing a threat to national security.
State legislators are also introducing bills that prohibit Chinese companies and citizens from purchasing land near military bases, strengthening measures against possible foreign influence on critical infrastructure.
LIVEGutsul Crypto News
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⛔️Bloomberg - "Chinese miner evicted from site near Wyoming Air Force base"
MineOne Partners Ltd. and its subsidiaries and companies "may take actions that threaten to harm U.S. national security."
State legislators are introducing bills that prohibit Chinese companies and citizens from purchasing land near military bases.
MineOne Partners Ltd. and its subsidiaries and companies "may take actions that threaten to harm U.S. national security."
State legislators are introducing bills that prohibit Chinese companies and citizens from purchasing land near military bases.