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The transfer follows the $14.75 million in bitcoin Bhutan deposited to Binance last week — the most significant movements since November.
Traders are seemingly hedging their bets on Pump.fun's upcoming ICO by shorting the token on Hyperliquid and Binance.
The firm is the latest in a plethora of new crypto treasury companies, including two other miners-turned-Ethereum acquisition companies.
It's not the famous rapper's first foray into the industry, having been actively involved in NFTs and crypto for over a decade.
Ant International will add Circle’s USDC to its network after U.S. compliance clears, positioning the stablecoin inside a $1 trillion+ payments ecosystem.
The Reserve Bank of Australia announced a new round of pilot participants for the next stage of Project Acacia.
BOK Governor Lee said letting non-banks issue stablecoins could disrupt foreign currency exchange policies and the local banking sector.
The $50 billion mark in cumulative net inflows is a defining moment for bitcoin's institutionalization, one analyst commented.
This comes after Trump Media said in April that it is exploring the possibility of a utility token within a Truth digital wallet.
FTX has identified $800 million in creditor claims across 49 potentially restricted nations, with China accounting for 82%.