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Main news about crypto world from @Major team.
🪙 MARA, the largest publicly traded Bitcoin miner, has increased its holdings to 50K BTC.
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⚡️ The week of July 14th has been declared "Crypto Week" by the US House leadership
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⚡️ Cynthia Lummis, US Senator, put forward legislation providing tax advantages for those investing in crypto
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📣 Andrew Bailey, Bank of England Governor, says: “The rise of stablecoins risks undermining the public’s trust in money”.
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❕ EU's largest asset manager Amundi says US stablecoin policies could destabilise global payment system
With 98% of stablecoins tied to the dollar yet 80% of transactions occurring outside the US, European officials, including Italy's finance minister, warn of threats to monetary sovereignty.
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🔥 China's tech giants lobby for offshore yuan stablecoin
JD dot com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of US dollar-linked cryptocurrencies.
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🪙 Max Keiser, El Salvador's Strategic BTC Advisor, predicted Bitcoin's future
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❕ Whale Alert: 7,499 BTC (~$816,524,780) transferred from unknown wallet to unknown new wallet
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❕ Whale Alert: 2,000,000 SOL (~$303,857,481) transferred from unknown wallet to unknown wallet
UPD: Another 1M SOL.
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⚡️ Ripple has applied for a national US banking license
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🔥 Over 75% of all payment volume on Oobit in the past 30 days was completed using stablecoins including EURR & USDR
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🪙 BlackRock's spot Bitcoin ETF now holds 696,874 BTC, currently valued at $74,000,000,000.
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🔥 Paul Atkins, SEC Chair: “Tokenization is an innovation. My whole goal is to make things transparent”.
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⚡️ Under MiCA*, OKX and Bybit exchanges are expanding their crypto services across Europe
* — EU regulation to govern crypto-assets and ensure financial stability.
💎 TON, in collaboration with Ethena, has announced a giveaway that will take place at 9:00 AM UTC 4 July
🔄 Earlier: Ethena partners with TON Foundation to launch USDe on TON.
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💎 Venture company The Open Platform achieves unicorn status* as first in TON ecosystem
* — A privately held company valued at $1B or higher.
📣 Bo Hines, Executive Director of Digital Assets, says: “The crypto industry will probably go to $15-$20 trillion after stablecoin legislation becomes law”.
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💲 Using renewable energy, Tether will commence Bitcoin mining in Brazil
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❕ Franklin Templeton flags uncertain outlook for crypto treasury firms, citing "dangerous" feedback loop risk
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⚠️ North Korean malware may target Bitcoin wallets on Mac devices through sophisticated infostealer
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⚡️ Swiss bank AMINA introduces custody, trading with Ripple’s RLUSD stablecoin
AMINA Bank has become the first globally operating bank to offer services with Ripple's stablecoin, RLUSD. The bank said it would start with providing custody and trading for RLUSD for institutional clients and professional investors, with plans to expand services in the coming months.
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❕ OpenAI does not 'endorse' Robinhood tokenizing its private shares
OpenAI slammed Robinhood for offering tokenized versions of its private company shares, stating “we did not partner with Robinhood, were not involved in this, and do not endorse it”.
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❕ Financial industry group pushes back on tokenized equities, urges SEC to reject crypto firms' exemptions
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🪙 Chinese Addentax Group Corp. enters into US $1.3B term sheet for proposed acquisition of up to 12,000 BTC
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🪙 Michael Saylor says: "Bitcoin is money. Everything else is credit".
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❕ Whale Alert: 1,244 BTC (~$133,764,580) transferred from unknown wallet to Kraken
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⚡️ Through a stock offering, Bit Digital* obtained $163M in net proceeds to bolster its Ethereum strategy.
* — Mining company.