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Elon Musk's wealth has increased by $36 billion after his recent visit to China. This surge in wealth is attributed to the rise in Tesla's shares following reports of progress in obtaining approval for its Full Self-Driving technology in China, which is Tesla's second-largest market. Musk's net worth, largely influenced by his 20.5% ownership in Tesla, has experienced significant fluctuations in recent years.

Elon Musk's wealth has increased by $36 billion after his recent visit to China. This surge in wealth is attributed to the rise in Tesla's shares following reports of progress in obtaining approval for its Full Self-Driving technology in China, which is Tesla's second-largest market. Musk's net worth, largely influenced by his 20.5% ownership in Tesla, has experienced significant fluctuations in recent years.

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📣 Ethereum ETFs Near Launch as BlackRock Updates Filing BlackRock made a significant move late Wednesday by amending its SEC filing for a proposed spot Ethereum exchange traded fund (ETF). This May 29 update for the iShares Ethereum Trust marks the first concrete step toward bringing an ETH-based ETF to market following the recent approval of a similar financial vehicle. “This is almost certainly the engagement we were looking for,” tweeted Bloomberg ETF analyst James Seyffart, indicating that issuers and the SEC are progressing toward spot Ethereum ETF launches. His colleague, Eric Balchunas, agreed, noting that other applicants are likely to follow BlackRock's lead. Balchunas added that with one more round of SEC comments, spot Ethereum ETFs could potentially launch as early as next month. "End of June launch a legit possibility, [although] keeping my over/under date as July 4," Balchunas tweeted. BlackRock initially filed an S-1 form with the SEC for its product in November, after similar filings by ARK Invest, Fidelity, and VanEck. Grayscale is also in the race, aiming to convert its Grayscale Ethereum Trust (ETHE) into a spot Ethereum ETF. The successful conversion of similar trusts paved the way for the approval of spot Bitcoin ETFs in January, which significantly boosted Bitcoin prices and overall market sentiment. With spot Bitcoin ETFs now holding over one million Bitcoin, there is optimism that funds based on Ethereum, the second-largest cryptocurrency by market cap, will have a similar positive impact on the market. After the approval of Bitcoin ETFs, attention quickly shifted to Ethereum, though the outlook for ETH-based ETFs seemed uncertain in the ensuing months. $ETH #ETH #ETF #BlackRock
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Many of you missed out on my $FLOKI recommendation – it surged 16.5 times after my signal. Are you going to miss this opportunity too? 😱🤣 Where can you find the name? Just check on ❌ (Twitter). Follow me there: ❌🫱 @BsJoeBiden #altcoins #MemeWatch2024 $FLOKI
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**Chinese Woman Sentenced After £3 Billion Bitcoin Seizure** Jian Wen, 42, drew police attention when she attempted to purchase some of London’s priciest properties, including a £23.5 million seven-bedroom mansion in Hampstead with a swimming pool and a nearby £12.5 million house featuring a cinema and gym. This investigation resulted in the UK’s largest-ever cryptocurrency seizure, uncovering over 61,000 Bitcoin in digital wallets. At the time, the cryptocurrency was valued at £1.4 billion, but its worth has now soared to over £3 billion. Additionally, 23,308 Bitcoin, currently valued at more than £1 billion, linked to the investigation, remain in circulation. The Bitcoin is alleged to have originated from a £5 billion investment scam in China between 2014 and 2017. Although Wen was not implicated in the fraud itself, she reportedly acted as a "front person" to obscure the money’s origins, some of which had been converted to cryptocurrency and smuggled out of China on laptops. Last month, Wen was convicted of one count of money laundering, involving 150 Bitcoin (currently worth nearly £8 million), for transactions between October 2017 and January 2022, following a retrial at Southwark Crown Court. Judge Sally-Ann Hales KC sentenced Wen to six years and eight months, stating, "I am in no doubt you came to enjoy the better things in life. The evidence showed you and, to some extent, members of your family were generously rewarded for your $BTC
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A trader transformed a $2,700 investment in the Shiba Inu meme coin (SHIB) into $1.24 million by holding it for over three years. Despite this remarkable gain, trading meme coins is highly risky and can result in substantial losses because of their volatile price movements. Investors should approach such investments with caution. #EarnFreeCrypto2024 #ETHETFsApproved #SHIB #SHIB $SHIB
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Invest $100 today and withdraw $1500 next Sunday. I'll reveal the name of the Mem token shortly. Disclaimer: This information includes third-party opinions and is not financial advice. Content may be sponsored. See terms and conditions for details. Share this with friends now! 2.7k Views 2 Likes 0 Quotes 2 Shares 9 Replies Kathy Walker Most Relevant | Most Recent
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