🎧 Weekend Highlights in Crypto!
🚀 Major Updates Around the Globe:
🇺🇸 US Crypto ETF & Political Moves:
• Trump appoints a pro-Bitcoin figure to lead his Economic Council.
• Spending bill passes to avoid shutdown; Biden signs the stopgap bill.
• Ripple donates $5M in XRP to Trump’s inauguration fund.
• Kraken & Ondo pitch in $1M each for the inauguration fund.
• Nexo 7RCC files an S-1 amendment for Spot Bitcoin & Carbon Credit Futures ETF.
🇱🇺 Luxembourg: New law simplifies the issuance of digital funds.
🇪🇺 Germany: DekaBank secures a license to store cryptocurrencies from the ECB.
🇦🇪 UAE: CZ suggests UAE may hold $40B in Bitcoin.
💰 Big Investments:
• Tether invests $775M in Rumble.
• Tether’s CEO forecasts $10B net profit for 2024.
👨⚖️ Legal Drama:
• Tai Mo Shan to pay $123M for misleading Terra USD stability (#LUNC #LUNA2 #USTC).
🔥 Market Buzz:
• Marathon Digital uses mining heat to warm ~80K Finnish homes!
• Ethena Labs gets praise from Arthur Hayes (#ENA).
• Hamster Kombat (#HMSTR) launches beta testing for new games.
• Securitize proposes adding BlackRock’s BUIDL to back Frax USD Stablecoin (#FXS).
• Wormhole (#W) announces DAO launch in Q1 2024.