š§ Weekend Highlights in Crypto!
š Major Updates Around the Globe:
šŗšø 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 Trumpās 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.
š±šŗ Luxembourg: New law simplifies the issuance of digital funds.
šŖšŗ Germany: DekaBank secures a license to store cryptocurrencies from the ECB.
š¦šŖ UAE: CZ suggests UAE may hold $40B in Bitcoin.
š° Big Investments:
ā¢ Tether invests $775M in Rumble.
ā¢ Tetherās CEO forecasts $10B net profit for 2024.
šØāāļø Legal Drama:
ā¢ Tai Mo Shan to pay $123M for misleading Terra USD stability (#LUNC #LUNA2 #USTC).
š„ 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 BlackRockās BUIDL to back Frax USD Stablecoin (#FXS).
ā¢ Wormhole (#W) announces DAO launch in Q1 2024.