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Andrew Tate has booked a $16,000 gain from betting against Kanye West’s meme coin YZY, even as the token’s market collapse highlights the risks surrounding celebrity-linked cryptocurrencies.
On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets.
Injective has entered into a strategic partnership with global investment platform Republic, aiming to expand access to tokenized private market opportunities and accelerate institutional adoption of blockchain-based finance.
Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies.
Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows.
In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC).
- 23:22JPMorgan: The risk of being removed from the MSCI index has already been reflected in the stock priceJinse Finance reported that JPMorgan stated that the potential risks of Strategy Inc. being removed from major stock indices have already been fully priced into its shares. The bank also noted that even if MSCI’s upcoming decision results in the company’s removal (which would trigger passive outflows), it could actually serve as a catalyst for the stock price to rise. As the world’s largest enterprise-level bitcoin holder, Strategy is already under pressure from the decline in token prices — the company holds about $60 billions worth of bitcoin and has limited cash reserves. Market concerns over a possible sale of crypto assets by the company have continued to intensify, and with the current crypto market experiencing thin liquidity and weak demand, these worries have further increased the selling pressure on the stock.
- 23:15A user of a certain exchange is granted permission to refile a lawsuit over the theft of 80 million USD worth of bitcoinAccording to ChainCatcher, citing Bloomberg, a fraud victim will get a new opportunity to sue an exchange in state court, accusing it of involvement in the theft of $80 million worth of bitcoin. The Florida Court of Appeals issued its ruling on Wednesday. The Florida Third District Court of Appeal stated in its decision that the trial court was wrong to believe it could not exercise personal jurisdiction over the exchange, as the case accuses the crypto trading platform of failing to continue freezing the stolen funds.
- 23:09Jensen Huang: Energy is becoming the next global bottleneck for artificial intelligenceJinse Finance reported that Nvidia CEO Jensen Huang stated: Energy is becoming the next global bottleneck for artificial intelligence; the development of artificial intelligence is putting pressure on power supply; it is predicted that in the next decade, small nuclear reactors will be widely used to power artificial intelligence systems.
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More[Bitpush Daily News Selection] Trump actively hints at Hassett as the next Federal Reserve Chairman; Bloomberg: Strategy may consider offering bitcoin lending services in the future; Strategy CEO: Strategy sets $1.4 billion reserve through stock sale to ease bitcoin selling pressure; Sony may launch a US dollar stablecoin for payments in gaming, anime, and other ecosystems
JPMorgan: The risk of being removed from the MSCI index has already been reflected in the stock price