🆘 What happened in Crypto in the last 12h? 🆘
• $BTC - Bitcoin dipped to touch 93k after news of MicroStrategy buying more Bitcoin.
• MicroStrategy purchased an additional 55,500 BTC (~$5.4B) at an average price of $97,862 per $BTC.
• $WLFI - Justin Sun announced a $30M investment in WLFI, making him the largest backer of World Liberty Financial. $WLFI had reduced their sales target from $300M to $30M, so it looks like they met their goal.
• $WIF $BONK - Robinhood has listed $WIF. According to #cited, the listing of $WIF and $BONK was leaked in an on-chain transaction 6 days ago.
• $GMX - The proposal Increasing Buyback & Distribute Fee Coverage from 27% to 90% is posted to GMX Governance. This could increase the buyback value on a monthly basis from $3.3m to $8.5m
• $XRP - Asset manager WisdomTree has filed for an $XRP ETF in Delaware.
• $AVAX - Avalanche has launched the Avalanche9000 testnet and announced the launch of a $40M grant program.
• $MOVE - The Movement Foundation has released the tokenomics of $MOVE. The total supply of $MOVE is 10B, with an initial circulating supply of about 22%. TGE is coming soon and will be distributed as a pre-mainnet ERC-20 token.
• Binance Labs announced the investment in #kernel_dao. Kernel is a re-staking project of BNB Chain and is currently in the testnet phase.
• $MOCA - Mocaverse announces that it has signed a MOU with SK Planet to promote marketing cooperation based on its marketing platform.