Traders were spooked on Wednesday when it was reported that the US government could be set to sell 69,370 Silk Road bitcoins. Source link
Coinbase
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Coinbase
Tether execs are spending big on El Salvador real estate, report
by Warren Payneby Warren PayneTether CEO Paolo Ardoino has reportedly bought land worth almost $2 million in a luxury El Salvadorian golf resort. Source link
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HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions. Source link
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Coinbase
Shock! Two thirds of memecoins now ‘worthless’ says new research
by Warren Payneby Warren PayneNew research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover. Source link
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Controversial Pump Fun content, including gunplay and animal beheadings, has led many users to call for the end of its livestream feature. Source link
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Coinbase
Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have
by Warren Payneby Warren PayneJustin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves. Source link
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Coinbase
Michael Saylor buys 55,500 more BTC, average price nears $57,000
by Warren Payneby Warren PayneIn the 1980s, a single family manipulated the price of silver. Critics think that situation is similar to MicroStrategy and bitcoin. Source link
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Coinbase
Justin Sun buys more of Trump’s WLFI than it planned to sell
by Warren Payneby Warren PayneJustin Sun has purchased $30m worth of WLFI, the Trump-endorsed cryptocurrency project, more than the project said it intended to sell. Source link
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Coinbase
MicroStrategy bulls think Michael Saylor can pump it to 10X its BTC
by Warren Payneby Warren PayneIrresponsibly Long MSTR members think that Michael Saylor will discover “genius ways” to financialize MicroStrategy’s bitcoin holdings. Source link
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The Mango DAO reportedly ‘died’ after John Kramer and Max Schneider gained significant voting control last week. Source link