Mysterious Whale Deposits 100 Billion SHIB Tokens on Coinbase Before FOMC Meeting A mysterious crypto whale has transferred a staggering 100 billion Shiba Inu (SHIB) tokens to a hot wallet on Coinbase, the largest cryptocurrency exchange in the U.S. This large-scale deposit occurred just ahead of the much-anticipated Federal Open Market Committee (FOMC) meeting, sparking speculation about potential market movements. For more details, read the full article here. #CryptoWhale #SHIB #Coinbase #FOMC
Hong Kong has introduced spot exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH), marking a significant development in the cryptocurrency sector. This move is expected to enhance liquidity and provide more structured investment opportunities in the crypto market. Analysts predict this could have substantial implications for both retail and institutional investors. For further details, read the full article here. #HongKong #CryptoETF #Bitcoin #Ethereum
U.S. legislators are negotiating a stablecoin bill, aiming to separate it from unrelated legislative attachments. As discussions intensify, the potential combination of stablecoin regulation with marijuana banking reforms is being considered. These efforts, amid ongoing debates, highlight the complexities of introducing cryptocurrency regulations alongside traditional banking reforms.
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Solana whales have made a record-setting investment by allocating 100 million SOL tokens to a new blockchain project, highlighting a significant shift in the cryptocurrency landscape. This move reflects growing interest and confidence in emerging blockchain technologies, particularly those that promise enhanced scalability and efficiency.
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The Oklahoma State Senate and House of Representatives have passed a bill that protects the basic rights of Bitcoin users. Once signed by the governor, this legislation will safeguard rights to self-custody, mining, operating full nodes, and buying, selling, and trading digital assets. This legislative victory marks a significant advancement for the cryptocurrency movement in the U.S., promoting a framework that supports widespread adoption and use.
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A significant transaction involving 226 million Dogecoin (DOGE), worth approximately $32 million, has been executed from Robinhood to a single wallet address. This move by a notable Dogecoin whale signifies a strong buying action amid declining DOGE prices, sparking intrigue and speculation about future market movements.
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Bitcoin's price has been steadily declining, with significant support levels at $62,500 and $61,200 being breached, suggesting strong bearish control. Despite a minor recovery, the overall downward trend remains. If Bitcoin fails to overcome the $60,400 resistance, further declines are anticipated, possibly testing lower support at $59,500 and potentially $58,000.
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Cryptocurrency analyst DonAlt suggests Bitcoin's price could drop to $40,000, highlighting the risk of a significant downturn following its recent peak at $62,300. This reflects broader market trends where Bitcoin faces downward pressure, influenced by decreasing whale activities and potential oversupply issues. The analyst sees a necessary price correction to sustain Bitcoin's bull run. For more details, visit: https://0xzx.com/2024043023514352321.html
In April, MicroStrategy acquired an additional 122 bitcoins, bringing its total holdings to 214,400 BTC, valued at approximately $7.54 billion. This strategic purchase is part of their broader investment approach, leveraging Bitcoin's market dynamics to reinforce their financial position and business strategy. For further details, you can read the full article here: [0xzx.com](https://0xzx.com/zh-tw/2024043023584352342.html)
Sui has teamed up with Google Cloud to push forward Web3 innovations, enhancing security, scalability, and AI capabilities. This partnership will provide robust support to developers through the integration of Sui blockchain data into Google Cloud's BigQuery, among other advanced tools, fostering new dApps and insights. For more details, visit: [0xzx.com](https://0xzx.com/zh-tw/2024050100114352384.html)
Senators Elizabeth Warren and Roger Marshall have raised concerns to Biden administration officials about the potential for cryptocurrencies like Tether to be used to evade sanctions. They are particularly worried about nations like Russia, Iran, and North Korea exploiting such digital assets. The senators have requested additional authority to prevent these activities, emphasizing the importance of effective enforcement of sanctions to maintain their value. For more details, visit: https://0xzx.com/zh-tw/2024043010004352348.html
Changpeng Zhao, the founder of Binance, faces potential imprisonment for 36 months in the U.S., following his plea of guilt for violating anti-money laundering laws. Despite legal challenges, Binance continues to thrive, maintaining a strong market position and projecting growth, partly due to the introduction of Bitcoin ETFs in the U.S. For more details, you can read the full article here: [0xzx.com](https://0xzx.com/zh-tw/2024050100044352362.html)
Ripple is expanding its operations into Japan through a partnership with HashKey DX, leveraging the XRP Ledger (XRPL) to introduce innovative blockchain solutions. This collaboration aims to introduce advanced blockchain functionalities to Japanese businesses, starting with the SBI Group companies, and marks a significant move in Ripple's strategy to promote blockchain technology and deliver tangible value to enterprises. For more details, you can read the full article here: [0xzx.com](https://0xzx.com/zh-tw/2024043023274352252.html)