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Lutnick, Cantor Fitzgerald negotiated a 5% ownership stake in Tether: WSJ — link | tl;dr : unfolded.
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RIP Hard Rock Nick
6/17/1977 - 9/29/2024 - 𝕏/@goldensuspended : Leviathan News
CANTOR FITZGERALD, LED BY TRUMP'S RECENTLY PICKED COMMERCE SECRETARY, STRUCK DEAL TO INVEST IN TETHER:WSJ : Tree News
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Around 22:30 UTC+8 on November 23, the price of the WBTC/USDT trading pair on Binance crashed, and the price fell to 5209 USDT at one point, and then quickly returned to normal; the 15-minute trading volume also increased from less than 1 WBTC per day to 88.6 WBTC. The reason for the flash crash may be that the liquidity of the trading pair is low, and the price is abnormal when there is a large market sell order. — link : Wu Blockchain News
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🇸🇻 El Salvador’s President Bukele takes to Instagram to show off the country’s 113% gains on its Bitcoin holdings 👀 : Bitcoin
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JUST IN: Michael Saylor's MicroStrategy has over $3 billion to purchase more Bitcoin. : Watcher Guru
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Bitcoin needs to go to $100k before this gets weirder 😂 : Bitcoin
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Arthur Hayes predicted in his latest podcast that Bitcoin will reach $100,000 by the end of this year, and may reach $250,000 by the end of 2025. Dogecoin may reach $1. He advises people who are experiencing a bull market for the first time to stay rational and cash out at the right time. — link : Wu Blockchain News
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According to Coinglass, ETH Futures Open Interest (USD) reached $21.35 billion, a record high. Among them, Binance, Bybit, CME, and OKX ranked the top four. — link : Wu Blockchain News
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Curve's $scrvUSD, a stablecoin that earns variable yield, passes $10MM TVL at 15% APR - 𝕏/@CurveCap : Leviathan News
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🖤 Get 20% kickback on fees dex.woo.org/en/trade?ref=UNFOLDED : unfolded. DeFi
The Coin Center report points out that there are concerns that the new Trump administration will scale back sanctions and anti-money laundering policies that are overly targeted at cryptocurrencies. Three top threats come to mind: (1) 6050I, (2) Tornado Cash sanctions, and (3) unlicensed money transmission prosecutions. Mandated warrantless reports to the IRS, which include personal information for those receiving $10,000 or more in crypto, are unconstitutional. — link : Wu Blockchain News
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On November 22, Bitcoin spot ETF had a total net inflow of $490 million, which continued for 5 consecutive days. BlackRock ETF IBIT had a single-day net inflow of $513 million. The total net asset value of Bitcoin spot ETF is $107.488 billion. — link : Wu Blockchain News
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Kraken, the second largest exchange in the United States, announced that 19 tokens including BNB DYDX AR COW DOGS FWOG GOAT LQTY MOODENG PNUT were included in the coin listing roadmap. With the election of Trump, it is expected that the listing of coins on US exchanges will no longer be subject to too many restrictions. — link : Wu Blockchain News
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FTX: Liquidator received 1.853 million RAY from the unmarked address: 6YcCuW...YmY9f7 at 3:26 UTC+8 today, worth about $11.04 million; then transferred about 635,000 RAY to Binance Deposit, worth about $3.79 million. Multiple addresses related to FTX still hold 6.466 million RAY, worth about $38.73 million. — link : Wu Blockchain News
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According to WSJ, Cantor Fitzgerald is expected to acquire approximately 5% of the ownership interest in Tether, the world's largest stablecoin issuer, and Lutnick will use his political influence to defuse the threats facing Tether. Cantor Fitzgerald is currently one of Tether's most important banking partners. Cantor Fitzgerald CEO Howard Lutnick will serve as Trump's Secretary of Commerce. — link : Wu Blockchain News
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Cantor Fitzgerald Struck Deal To Own 5% Of Tether, Valued Stablecoin Giant Around $12B: WSJ
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Nate Geraci, president of The ETF Store, said that he believes that the Solana ETF is likely to be approved by the end of next year at the latest, and the SEC may be in contact with the issuer about the product, which is obviously a positive sign. — link : Wu Blockchain News
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*Cantor Stood to Receive About 5% Ownership Interest in Tether, Sources Say -- WSJ: BBG : Tree News
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MIKE NOVOGRATZ: 🟠 I do think buying some #Bitcoin to send a message that we're going to lead the world in Bitcoin is a smart idea 🙌 : Bitcoin
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Tech bros secure ‘America’s most pro-crypto congress ever’ with $245m in funding. - CNBC : Leviathan News
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CNN reported that Donald Trump is preparing to name Kelly Loeffler, former CEO of crypto company Bakkt, to his cabinet to lead the Agriculture Department. Financial Times reported earlier this week that Trump’s social media company is in advanced talks to acquire Bakkt in an all-stock deal. — link : Wu Blockchain News
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BREAKING: 🇧🇹 Bhutanese monks out here HODLing $1.2 BILLION in #Bitcoin like absolute giga-chads.
Turns out the real path to nirvana is through a cold wallet. : Bitcoin
JUST IN: Laszlo Hanyecz's decision to sell 10,000 $BTC for two pizzas, cost him $990 million in missed profits. : Watcher Guru
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JUST IN: 🟠 Bitcoin exchange reserves have reached an all-time low, according to data from CryptoQuant 👀 : Bitcoin
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The VanEck report believes that the next phase of the bull market has just begun, reiterating the cycle price target of $180,000/BTC, and expects FIT21 to be rewritten with market- and privacy-friendly terms, while the new stablecoin draft will allow state-chartered banks to issue stablecoins without the approval of the Federal Reserve. — link : Wu Blockchain News
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Bessent, the new US Treasury Secretary appointed by Trump, has advised Trump on a "3-3-3 policy," which the Journal described as "cutting the budget deficit to 3% of gross domestic product by 2028, spurring GDP growth of 3% through deregulation, and producing an additional 3 million barrels of oil or its equivalent a day." — link : Wu Blockchain News
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On November 22, the Ethereum spot ETF had a total net inflow of $91.2093 million, the first net inflow after the net outflow in the past 6 days. The BlackRock ETF ETHA had a net inflow of $99.6768 million in a single day. — link : Wu Blockchain News
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SEC Chairman Gary Gensler announced his resignation. At the same time, Jaime Lizárraga, one of the three Democratic commissioners of the US SEC, plans to resign early next year. Caroline Crenshaw will become the only Democrat on the SEC. Caroline Crenshaw and Jaime Lizárraga voted against the Bitcoin spot ETF before. — link : Wu Blockchain News
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BlackRock (ETHA) Daily ETH Flows: +100.7m: BBG : Tree News
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