Ethereum Whale Opens $491M Long Position
A Bitcoin whale, Bitcoin OG 1011short, opened a $491M long position in $ETH, sparking speculation of insider knowledge. Total long positions exceed $614M. #Breaking #Crypto $ETH
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Chainlink Launches xBridge for Tokenized Stocks
Backed and @Chainlink launched xBridge, enabling cross-chain transfers of tokenized stocks between Ethereum and Solana, preserving corporate actions like dividends. #Update #Crypto $LINK
Bitcoin Crashes Below $91K Triggers $135M Liquidations
@VivoPower partners with Lean Ventures to acquire $300M in Ripple Labs shares, boosting its stock by 12%. This move offers exposure to $XRP upside without using its own capital. #Update #Crypto $XRP
Tether Acquisition Bid Rejected by Juventus
Exor N.V. rejected Tether Investments’ offer to acquire its 65.4% stake in Juventus, reaffirming its commitment to the club. #Update #Sports
SEC Issues Crypto Custody Guidance
The SEC’s Office of Investor Education released guidance on crypto custody, emphasizing self-custody and third-party risks. #Update #Crypto
Bitcoin Investor Faces $12.5M Loss
Crypto custodian @BitGo received conditional approval from the OCC to convert into a national trust bank, enabling nationwide regulated crypto services without state-by-state licensing. #Update #Legal
David Sacks Defends Trump’s AI Executive Order
BNB Chain set a new record with 8,384 transactions per second, a 26% increase from its previous high. $BNB remains flat near $874, up 8% month-to-date. #Update #Crypto $BNB
Bitcoin: Coinbase Expands Institutional Services
Coinbase and Standard Chartered are expanding their partnership to offer crypto prime services for institutional clients, enhancing access to regulated digital asset infrastructure. #Update #Crypto
Hyperliquid Launches Unified Trading Testnet
Hyperliquid launches portfolio margin in pre-alpha on testnet, unifying spot and perps trading for capital efficiency; USDC borrowable, HYPE collateral. #Update #DeFi
Tether Faces Juventus Shareholder Resistance
Tether’s all-cash bid for Juventus faces resistance from the Agnelli family, despite offering a €1 billion investment. Tether is Juventus’ second-largest shareholder. #Update #Crypto $USDT
Pyth Network Launches PYTH Reserve Initiative
Pyth Network launches PYTH Reserve to use protocol revenue for monthly PYTH token purchases, scaling with revenue through decentralized treasury operations. #Update #Crypto $PYTH
Bitcoin Investment Recommended by Brazil Bank
Brazil’s largest private bank, Itaú Unibanco, recommends allocating 1%-3% of portfolios to $BTC for diversification and protection against currency devaluation. #Update #Crypto $BTC
Oracle Confirms OpenAI Data Center Timelines
Oracle confirms its data center timelines with OpenAI remain on schedule, meeting all contractual commitments and milestones without delays. #Update #Oracle
Tether Proposes $1B Juventus FC Acquisition
Tether proposes an all-cash deal to acquire Exor’s 65.4% stake in Juventus, planning a €1B investment post-acquisition for club growth and infrastructure. #Update #Crypto $USDT