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🚨Grayscale Bitcoin holdings are down 53% since the ETF launch.
🚨Grayscale Bitcoin holdings are down 53% since the ETF launch.
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A Crypto Whale Used His Bitcoin and ETH to Borrow This Altcoin! The decisions taken by major investors in the cryptocurrency industry can deeply affect the price movements of other crypto assets. Small cryptocurrency investors closely follow the moves of large investors in uncertain times like recent ones. Ember, a successful on-chain data provider, recently discovered a whale borrowing #BNB loaded with Bitcoins and Ethereums and provided the following information: “The giant cryptocurrency whale withdrew 8,400 #ETH (worth $31.86 million) and 360 #BTC (worth $24.54 million) from Binance in the last 2 hours and deposited these assets to Venus. Balina then used these assets as collateral and borrowed 58,000 BNB ($34.45 million) from Venus and transferred all of the BNB to Binance.” Following the moves of this crypto whale, market experts claimed that #Binance would soon share a new launch pool announcement. Although the new crypto asset to be added to Binance Launchpool is currently unknown, it seems likely that this project will be Data Ownership Protocol (DOP), which recently moved to the mainnet and announced that it will debut in June. $BTC $ETH $BNB
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OpenAI Announces "ChatGPT Edu", the Version of ChatGPT for Universities OpenAI announced "ChatGPT Edu", a custom version of ChatGPT. This new system appeals mostly to universities. According to OpenAI, ChatGPT Edu will be affordable. #OpenAI , one of the important names in the artificial intelligence industry, announced that it has created a special version of ChatGPT. The new artificial intelligence, which will appeal mostly to universities under the name "ChatGPT Edu", seems to make the lives of academics and students easier. Powered by GPT-4o, ChatGPT Edu was developed to help academics and students. Those who use the new system will be able to get power from artificial intelligence in subjects such as text interpretation, coding and mathematics. In addition, this package will include features such as internet access, support for more than 50 languages and document summarization, as well as capabilities such as creating special versions of #ChatGPT with GPT models. OpenAI, in its statements about ChatGPT Edu, said that universities have already started using artificial intelligence. Stating that #ChatGPT is used at Oxford, Pennsylvania, Columbia and Texas Universities, the company announced that they wanted to make the work of academics and students a little easier and created #ChatGPT Edu. #ChatGPT Edu is a program that institutions can purchase for a fee. Although OpenAI did not say anything about how much those who want to have this package will have to pay, it said that it will be "affordable". $BTC
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🚨US Stock Exchanges Closed. S&P500: +0.81% Nasdaq: -0.01% Dow Jones: +1.51%
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Dogecoin Whales Accumulate 700 Million DOGE in 72 Hours: Huge Increase in Whale Activity. Dogecoin's recent price movements have been around $0.158 and have experienced a 4 percent decline in the past week. But this hasn't deterred whale investors. Over 700 million DOGE, worth approximately $112 million, were purchased by whales in the last 72 hours. This significant accumulation shows that large investors are making a strategic move to benefit from current market conditions. Although it has had a mixed performance, rising 17 percent last month but falling last week. Whaling activity continued to increase. Assets between 100 million and 1 billion DOGE have increased significantly since May 29, coinciding with a reversal of a downward trend. Crypto analyst Ali Martinez states that this accumulation trend is an indicator of a potential recovery in the Dogecoin market. Singapore-based crypto trading firm QCP Capital also observed that traders are shifting their focus to classic meme coins like Dogecoin. This trend highlights that #DOGE remains attractive among large-scale investors. Shiba Inu (SHIB) and #Pepe (PEPE) are also making waves in the market. Over the past two weeks, more than 4 trillion SHIB tokens worth approximately $103 million have been transferred to crypto exchanges. This increase in activity may have increased interest in SHIB trading, which may have been driven by recent price movements. Shibarium, Shiba Inu's layer-2 scaling solution, has achieved significant milestones since its launch in August last year. The network has processed more than 5 million blocks and more than 417 million transactions have been processed. The number of wallet addresses exceeded 1.8 million. These developments highlight the increasing use and adoption of #SHIB in the crypto ecosystem. $DOGE $SHIB $PEPE
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TRUMP token fell after the Former US President was found guilty. The jurors who found #DonaldTrump guilty influenced not only the former US President but also the TRUMP meme coin holders. The token fell by up to 35% following the decision. Jeo Boden, the meme coin inspired by President Joe Biden, rose 20% in the same time period. Trump, who was on trial for falsifying business records, was found guilty of all 34 charges by a New York jury on Thursday, becoming the first US president to be convicted of a crime. Traders on the blockchain-powered prediction market Polymarket expect #Trump to defeat #Biden in the November election regardless. Even after the decision, Trump still has a clear lead at 56% to Biden's 38%. $BTC
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