Jack Mallers says his company and Tether plan to acquire up to 5% of all Bitcoin, equating to ~1 million Bitcoin.
@BrewingWealth
@BrewingWealth
$PEPE Coin being a community-focused cryptocurrency which runs on the Ethereum platform is one of the most popular coin to trade!
Trader "James Wynn" the Trader Who Bet $1B on Bitcoin, is Now Long in Pepe.
Wallet longed PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets.
The position is already up $500000, with pepe up nearly 6% in the past few hours.
๐ฅ๐ฅ
@BrewingWealth
Trader "James Wynn" the Trader Who Bet $1B on Bitcoin, is Now Long in Pepe.
Wallet longed PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets.
The position is already up $500000, with pepe up nearly 6% in the past few hours.
๐ฅ๐ฅ
@BrewingWealth
๐ณ๐ณ James Wyn closed part of his BTC position at a loss, booking a $5 million loss and currently $4 million in unrealized losses.
@BrewingWealth
@BrewingWealth
๐น๐ญ Thailand plans to allow tourists to spend cryptocurrencies. Thai Deputy Prime Minister and Finance Minister Pichai announced.
@BrewingWealth
@BrewingWealth
This media is not supported in your browser
VIEW IN TELEGRAM
๐บ๐ธ US consumer confidence rises to 98.0, exceeding expectations of 87.1!
This measures the level of confidence consumers have in the economy.
When consumers are optimistic, they tend to spend more which increases consumption and overall economic growth.
BULLISH๐ฅ
This measures the level of confidence consumers have in the economy.
When consumers are optimistic, they tend to spend more which increases consumption and overall economic growth.
BULLISH๐ฅ
๐ฅ1
INDIAN GOVERNMENT EYES ON CRYPTO INDUSTRY!
Government engaged in Crypto discussions since Donald Trump's return to the White House,the FT reported.
The industry's big ask is a reduction in the "very harshly" imposed taxes.
Currently In India, crypto transactions are currently subject to a 30% capital gains tax and a 1% levy on every transaction.
Apart from this, authorities sees digital assets as engagement in criminal activities.
Government engaged in Crypto discussions since Donald Trump's return to the White House,the FT reported.
The industry's big ask is a reduction in the "very harshly" imposed taxes.
Currently In India, crypto transactions are currently subject to a 30% capital gains tax and a 1% levy on every transaction.
Apart from this, authorities sees digital assets as engagement in criminal activities.
๐ณ1
๐บ๐ธ ETF flows of yesterday (May 27),
Bitcoin spot ETFs bought around 3,520 $BTC ($385M) ๐
Ethereum spot ETFs bought around 15,140 $ETH ($39M) ๐
@BrewingWealth
Bitcoin spot ETFs bought around 3,520 $BTC ($385M) ๐
Ethereum spot ETFs bought around 15,140 $ETH ($39M) ๐
@BrewingWealth
๐ฅ SAYLOR Says onchain proof-of-reserves is a bad idea and exposes users and institutions to cyberattacks and data breaches, Strategy wonโt reveal wallets, opts for traditional audits instead.
@BrewingWealth
@BrewingWealth
Russiaโs largest bank, Sberbank, is reportedly becoming one of the official market makers for the upcoming regulated crypto platforms following the countryโs regulatory developments within its digital asset landscape.
The bank reportedly expects the emergence of a โnew worldโ of instruments for investing in digital assets.
@BrewingWealth
The bank reportedly expects the emergence of a โnew worldโ of instruments for investing in digital assets.
@BrewingWealth
๐บ๐ธ President Trump's Executive Director of Digital Assets says the US is on its way to "becoming the Bitcoin superpower of the world."
@BrewingWealth
@BrewingWealth
Media is too big
VIEW IN TELEGRAM
๐บ๐ธSenator Lummis claims the US needs to have โat least 5% of the worldโs Bitcoin in reserve.โ
@BrewingWealth
@BrewingWealth
๐ฐ The Sol Strategies plans to sell up to $1 billion worth of stock within 24 months with the intention of raising capital to acquire additional #SOLs.
@BrewingWealth
@BrewingWealth
Cetus Protocol, the largest DEX on the Sui blockchain recently got hacked!
The attacker used spoof tokens to exploit price curves, draining real assets from liquidity pools.
Currently $162 million stolen tokens freezed on-chain.
The Sui Foundation has extended a loan to Cetus to fully reimburse affected users.
Using our cash and token treasuries, we are now in a position to fully cover the stolen assets Says Cetus.
@BrewingWealth
The attacker used spoof tokens to exploit price curves, draining real assets from liquidity pools.
Currently $162 million stolen tokens freezed on-chain.
The Sui Foundation has extended a loan to Cetus to fully reimburse affected users.
Using our cash and token treasuries, we are now in a position to fully cover the stolen assets Says Cetus.
@BrewingWealth
Expect ETH and BNB, Futures Short open Interest is more than longs!
What do you ๐ฌ think, who is gonna win?
@BrewingWealth
What do you ๐ฌ think, who is gonna win?
@BrewingWealth