Crypto Investment: Bitwise Raises $70M
@BitwiseInvest announced a $70M funding round with backing from Electric Capital, Haun Ventures, Parafi Capital, and Massmutual to expand its team and develop new crypto products. #Update #Crypto (+6) ↗
Cryptocurrency
Tether Expands Amid Latam Business Challenges
@Tether_to expands its Latam presence, transitioning from a stablecoin model to a broader crypto company focus. #Update #Crypto $USDT (+3) ↗
LIBRA Token Launch KIP Protocol Denial
@KIPProtocol denies any involvement in the $LIBRA token launch, clarifying no initiation or profit from the project and readiness for legal action to protect its reputation. #Update #Legal (+3) →
EU Sanctions Hit Garantex Exchange
The European Union sanctions Russian crypto exchange @Garantex for laundering over $30 billion, linked to North Korean hackers and sanctioned Russian banks. #Breaking #Legal (-9) ↘
Crypto Talks: Malaysian PM Visits UAE
Malaysian Prime Minister Anwar Ibrahim announced Malaysia and Bahrain’s economic collaboration, focusing on cryptocurrency, the Sandbox platform, tourism, and manufacturing. Bahrain supports upcoming ASEAN-GCC summits. #Update #Crypto (+3) →
Dogecoin Rally Persists Amid Bearish Trends
Dogecoin maintains support at $0.22, with the Gaussian Channel indicating a long-term bullish trend despite recent declines. #Update #Crypto $DOGE (+3) ↗
Dogecoin Surge: Whale Activity Signals Rise
Significant investors have acquired 110 million $DOGE, hinting at a potential price surge despite technical resistance challenges. Current price is approximately $0.244862. #Update #Crypto $DOGE (+4) ↗
Altcoin Surge Predicted by Crypto CEO
Ki Young Ju of @CryptoQuant reports a significant rise in altcoin trading volume on CEXs, signaling the start of an altcoin season, though not all altcoins may benefit. #Update #Crypto $BTC (+3) ↗
Bitcoin Price Worries JPMorgan Analysts
Bitcoin trades below $100,000 as @JPMorgan analysts note declining institutional interest and futures market weakness, raising concerns of market manipulation. #Update #Crypto $BTC (-6) ↘
Bitcoin Plunge: Is $73000 Dump Imminent
Bitcoin’s potential breakdown below $93,000 support could lead to a drop to $73,000 as buying pressure weakens. Currently trading at $96,470. #Update #Crypto $BTC (-6) ↘
Bitcoin Dominance: CZ Declares No Escape
Montana’s House Bill No. 420 for a local Bitcoin reserve passes committee, with @cz_binance asserting Bitcoin’s inevitability as $BTC trades at $99,291. #Update #Crypto $BTC (+3) ↗
Bitcoin Bottom Forming as Sell Pressure Fades
Bitcoin ($BTC) sees reduced sell pressure, hinting at a potential local bottom near $98,650, with analysts predicting possible moves beyond $108,000 soon. #Update #Crypto $BTC (+3) ↗
Crypto Classified as Property in Russia
Russia’s Supreme Court aims to classify cryptocurrency as property in penal cases, enhancing law enforcement’s ability to manage illicit digital assets. #Update #Legal #Crypto (+4) ↗
Dogecoin Whales Liquidate 100 Million Coins
A whale transferred 100 million $DOGE to @binance, sparking concerns over potential sell-offs amid declining whale activity. #Update #Crypto $DOGE (-3) ↘