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News – Page 238 – DIGIT INFO

Whale Accumulates $ONDO As Major Token Unlock Looms

A significant $ONDO purchase was detected recently, as a new wallet created just 11 hours ago spent 4,611 ETH ($17.1M) to acquire 10.978 million $ONDO tokens at an average price of $1.553 amid a market dip. This development comes ahead of a substantial token unlock scheduled for January 18, 2025, which could have a profound … Read more

Stablecoin Market Cap Surpasses $200B As DeFi Yields Outpace Traditional Finance

The stablecoin market has reached a significant milestone, with its total market capitalization surpassing $200 billion. This explosive growth is being driven by DeFi’s superior yield offerings, which outshine traditional financial instruments. With returns up to three times higher than long-term bonds, it’s no surprise that capital is pouring into this sector at an unprecedented … Read more

Bitcoin Accumulation Patterns Shift As Whales Capitalize On Market Dip

Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more

USDT On Ethereum Surges As ETH Faces Seasonal Patterns

For the first time, the supply of USDT on Ethereum has surpassed that on TRON, marking a significant shift in stablecoin dynamics. Over the past month, the USDT supply on Ethereum increased by approximately $20 billion, showcasing the growing preference for Ethereum as a stablecoin network. BREAKING: USDT on Ethereum overtook USDT on TRON. The … Read more

BSC Meme Token $MONKEY Launches With Wintermute And DWF Labs As Market Makers

The BSC ecosystem welcomed the launch of the meme token $MONKEY today, backed by notable market makers Wintermute and DWF Labs. Ten hours prior to launch, Wintermute’s OTC address received a transfer of 100 billion $MONKEY tokens—equivalent to 1% of the total supply—from the project team to facilitate market-making activities. While transactions involving DWF Labs’ … Read more

Luigi Mangione Gains Memecoin Infamy

The promising engineer from a wealthy Baltimore family was charged with the brazen, broad daylight murder of health insurance executive Brian Thompson. Alleged Killer Becomes Memecoin Darling Valedictorian-turned-villain Luigi Mangione, who has been accused of an assassin-style execution of United Healthcare CEO Brian Thompson last week in New York City, has become the face of … Read more

The Presidential Crypto Portfolio Expands—Trump’s Crypto Holdings Rise, Now Worth $13M

With less than 40 days until Donald Trump is sworn in as the U.S. President, recent data reveals he holds nearly $13 million in crypto assets. The First Crypto Commander-in-Chief Stepping into the presidency with a sizable crypto portfolio, Donald Trump brings a financial twist to the Oval Office. His running mate, JD Vance, isn’t … Read more

Former Grayscale Boss Joins Asset Tokenization Firm Securitize

Michael Sonnenshein former CEO of digital asset manager Grayscale Investments, has been appointed Chief Operating Officer (COO) of Securitize. Grayscale Executive Michael Sonnenshein Pivots to Asset Tokenization Ten-year Grayscale veteran Michael Sonnenshein who led the digital investment giant from 2021 to 2024 has now joined asset tokenization leader Securitize as its chief operating officer (COO), … Read more

Texas Representative Proposes Strategic Bitcoin Reserve Act

On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation … Read more

Bitcoin Educator Sounds Alarm on Centralization Risk

The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin educator Anita Posch, founder of non-profit organization Bitcoin for Fairness posted a warning on X about the … Read more

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