Tag: Million

Davis Commodities Bets on Bitcoin in $30 Million Digital Assets Strategy

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Davis Commodities is pivoting into digital finance with a $30 million initiative, blending bitcoin reserves and real-world asset tokenization to modernize the global agricultural trading industry. Agricultural Giant Davis Commodities Unveils Digital Finance Push With $30 Million Bitcoin and Tokenization Strategy Davis Commodities Limited (Nasdaq: DTCK), a Singapore-based leader in agricultural commodities trading, has announced […] Original

BITCOIN-Zyklus BRICHT: EXPERTEN liegen FALSCH!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Alle reden vom gebrochenen Bitcoin-Zyklus – aber was, wenn das GAR NICHT stimmt? Superzyklus? Crash? Oder einfach alles nur Panikmache? In diesem Video analysieren wir den Bitcoin-Preis wie noch nie zuvor: 📊 Mit Visualisierungen, PowerLaw-Modell, und einem Blick auf alle vergangenen Zyklen – und was sie uns über den aktuellen Markt verraten. 👉 Spoiler: Der Preis ist GENAU da, wo er laut Modell sein sollte. Was Analysten übersehen, zeigen wir dir hier – schwarz auf weiß. 🔥 Nicht verpassen – jetzt anschauen!…

Tether freezes $12 Million of USDT on Tron Network

Tether, issuer of the world’s largest stablecoin USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space. Tether froze the USDt (USDT) at 9:15 am UTC on June 15 on Tron, blockchain data from Tronscan shows. While Tether has not issued a public statement, the freeze likely stems from concerns over potential sanctions violations or Anti-Money Laundering (AML) risks. “Tether enforces a strict wallet-freezing policy to combat money laundering, nuclear proliferation and terrorist financing and is also…

Crypto Investor Loses $6.9 Million To Sketchy Cold Wallet

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A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok, Douyin, which turned out to be compromised.  Blockchain security firm SlowMist said in a X post on Saturday that the “private key was compromised at creation” and the user’s funds were “drained within hours” from the compromised cold wallet.  Nabbing a bargain cold wallet might seem like a good way to save money, but SlowMist said cold wallets advertised as “factory sealed” or “discounted” have often been…

Ethereum Whales Ramp Up Accumulation By 1.50 Million ETH — Incoming Price Boom?

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano (ADA) is currently consolidating near a critical support zone that could shape the direction of its price action in the coming weeks. After a sharp 15% drop since Wednesday, ADA is showing signs of weakness…

SEC and Ripple Wrap Up Case, Distribute $125 Million In Escrow

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Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval. The filing attorneys wrote: “The parties’ proposed resolution will preserve the resources of the Second Circuit by avoiding the…

SharpLink Buys 176K Ether For $463 Million

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Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the Ether (ETH) acquisition was funded through a combination of private placement and at-the-market equity sales, including $79 million raised since May 30. The average acquisition price came in at $2,626 per coin. The company said over 95% of its ETH is now deployed in staking and liquid staking platforms, earning yield while contributing to Ethereum’s network security. “This is a…

Tether Buys $89 Million In Elemental Altus Royalties Shares

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Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments on Thursday announced the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and outstanding shares. The transaction, completed Tuesday, was made at a price of $1.55 Canadian dollars ($1.14) per share, according to an announcement by Elemental, costing Tether approximately $89.4 million. The investment marks a milestone in Tether’s strategy…