šŸŽ§ Weekend Highlights in Crypto!

šŸš€ Major Updates Around the Globe:

šŸ‡ŗšŸ‡ø US Crypto ETF & Political Moves:

ā€¢ Trump appoints a pro-Bitcoin figure to lead his Economic Council.

ā€¢ Spending bill passes to avoid shutdown; Biden signs the stopgap bill.

ā€¢ Ripple donates $5M in XRP to Trumpā€™s inauguration fund.

ā€¢ Kraken & Ondo pitch in $1M each for the inauguration fund.

ā€¢ Nexo 7RCC files an S-1 amendment for Spot Bitcoin & Carbon Credit Futures ETF.

šŸ‡±šŸ‡ŗ Luxembourg: New law simplifies the issuance of digital funds.

šŸ‡ŖšŸ‡ŗ Germany: DekaBank secures a license to store cryptocurrencies from the ECB.

šŸ‡¦šŸ‡Ŗ UAE: CZ suggests UAE may hold $40B in Bitcoin.

šŸ’° Big Investments:

ā€¢ Tether invests $775M in Rumble.

ā€¢ Tetherā€™s CEO forecasts $10B net profit for 2024.

šŸ‘Øā€āš–ļø Legal Drama:

ā€¢ Tai Mo Shan to pay $123M for misleading Terra USD stability (#LUNC #LUNA2 #USTC).

šŸ”„ Market Buzz:

ā€¢ Marathon Digital uses mining heat to warm ~80K Finnish homes!

ā€¢ Ethena Labs gets praise from Arthur Hayes (#ENA).

ā€¢ Hamster Kombat (#HMSTR) launches beta testing for new games.

ā€¢ Securitize proposes adding BlackRockā€™s BUIDL to back Frax USD Stablecoin (#FXS).

ā€¢ Wormhole (#W) announces DAO launch in Q1 2024.