Welcome to your weekend dose of crypto chaos and market movers!
From Tether stacking up on Bitcoin and gold to Kenya mining BTC with hydropower, today’s updates are packed with power moves. Plus, new fundraising milestones and regulatory shifts from Hong Kong to the U.S. Keep scrolling for insights you won’t want to miss.
Stay humble and keep stacking sats
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Heatmap of Top 100 Coins (24h) 📊🔥
🪐Bitcoin Insights
- Tether's CEO announced that the company now has 82,454 $BTC ($5.5 billion) and 48.3 tons of gold ($3.8 billion).
- BTC Redistribution by Long-Term Holders Boosts Revenue Ratio
- BTC mining with hydro-power in Kenya, connected with Starlink
💰 Today's fundraisers
▪ Gelato attracted $11 million in Series A+ funding round led by Hack VC;
▪ Hana Network powered by Binance Labs attracted $4 million.
▪ bitSmiley.іо completed second round of financing worth $10 million.
🗞 News/ Good Reads
- Morgan Stanley Warns of Market Volatility Ahead of 2024 US Election.
- Hong Kong to Introduce Virtual Asset Storage and Licensing System in 2024
- Cardano Aims to Bring Nintendo Emulator to Hydra
- Tether: USDT is now live on Aptos
- Binance will add $SANTOS futures
- Fear and greed index of leading altcoins
- Gitcoin DAO offers create a new reward token.
- Bitpanda is considering an IPO or sale.
- $SUI Hits 25 Million Active Accounts
- VanEck Predicts Bitcoin as $3M Global Reserve Currency by 2050
‼Rekt Alerts
- Ambient has reimbursed all victims
That’s a wrap on today’s pulse-check of the crypto world. Keep your eyes on market trends, stay sharp, and remember—when it comes to crypto, tomorrow’s volatility is just one election away. Catch you in the next roundup!
