Shiba Inu Giant Whales Amass Trillions Of Tokens Amid Outlook For New SHIB All-Time High Price
Shiba Inu whales have been actively participating in substantial transactions within the Shiba Inu (SHIB) ecosystem, sparking speculation of a mammoth super bullish surge for the second-largest meme coin.
On Friday, crypto analytics firm Lookonchain highlighted various transactions, shedding light on the accumulation of SHIB by whales in the crypto space over the past month. As per the firm, Tron founder Justin Sun withdrew a hefty 577 billion SHIB from Binance on December 18 and 19. New wallets were also spotted entering the scene, with the wallet address “0xa656” withdrawing 237.87 billion SHIB from Binance earlier on Friday.
Shiba Inu whales have been actively participating in substantial transactions within the Shiba Inu (SHIB) ecosystem, sparking speculation of a mammoth super bullish surge for the second-largest meme coin.
On Friday, crypto analytics firm Lookonchain highlighted various transactions, shedding light on the accumulation of SHIB by whales in the crypto space over the past month. As per the firm, Tron founder Justin Sun withdrew a hefty 577 billion SHIB from Binance on December 18 and 19. New wallets were also spotted entering the scene, with the wallet address “0xa656” withdrawing 237.87 billion SHIB from Binance earlier on Friday.
Tether Sees Record-Breaking Profits, Largely Driven by Interest Payments From US Treasuries
Stablecoin issuer Tether’s latest attestation report reveals that the firm made record profits in Q4, mostly driven by interest payments from US treasuries.
According to the report, Tether made $2.5 billion in profits during the fourth quarter of 2023, the highest net profit the firm has ever seen.
“In terms of financial performance, the fourth quarter witnessed a record-breaking net profit of $2.85 billion, of which ~$1 billion in net operating profits (were primarily interests from US Treasuries) with the remaining primarily from the appreciation of Gold and Bitcoin reserves.
Stablecoin issuer Tether’s latest attestation report reveals that the firm made record profits in Q4, mostly driven by interest payments from US treasuries.
According to the report, Tether made $2.5 billion in profits during the fourth quarter of 2023, the highest net profit the firm has ever seen.
“In terms of financial performance, the fourth quarter witnessed a record-breaking net profit of $2.85 billion, of which ~$1 billion in net operating profits (were primarily interests from US Treasuries) with the remaining primarily from the appreciation of Gold and Bitcoin reserves.
Dive Deep into Givearn’s Crypto Portfolio and Rewards Mechanism
In the dynamic world of cryptocurrency, finding a platform that simplifies acquisition and optimizes returns is a rare gem. Enter Givearn, a cutting-edge platform designed with novice investors in mind. Givearn stands out for its intuitive approach to crypto, particularly through its innovative portfolio structure and rewards mechanism. Let’s explore these features in detail.
In the dynamic world of cryptocurrency, finding a platform that simplifies acquisition and optimizes returns is a rare gem. Enter Givearn, a cutting-edge platform designed with novice investors in mind. Givearn stands out for its intuitive approach to crypto, particularly through its innovative portfolio structure and rewards mechanism. Let’s explore these features in detail.
Make Your Move: BRISE, BEFE, and CENX Are the Best Crypto Investments Now
Top altcoins like Ethereum, Ripple, Solana, etc. have experienced downward price movements in the last 7 days, plummeting by 9.2%, 18.1%, and 23.3%, respectively.
The huge loss in the market aggregates to nearly 290 million in total market capitalization. In the wake of this loss, investors are making their move, migrating to other lucrative projects such as Bitgert Coin (BRISE), Befe Coin (BEFE), and Centcex (CENX).
Now proving to be the best investment in today’s market, their positive price movements despite the current market downturn have attracted all categories of investors.
Top altcoins like Ethereum, Ripple, Solana, etc. have experienced downward price movements in the last 7 days, plummeting by 9.2%, 18.1%, and 23.3%, respectively.
The huge loss in the market aggregates to nearly 290 million in total market capitalization. In the wake of this loss, investors are making their move, migrating to other lucrative projects such as Bitgert Coin (BRISE), Befe Coin (BEFE), and Centcex (CENX).
Now proving to be the best investment in today’s market, their positive price movements despite the current market downturn have attracted all categories of investors.
Top Trader Unveils Crypto Holdings Following Last Week’s Crash, Says Altcoin Recovery Now on Accelerated Timeline
A widely followed crypto analyst and trader is unveiling a list of crypto assets he is holding after last week’s altcoin meltdown.
The trader pseudonymously known as The Flow Horse tells his 211,400 followers on the social media platform X that his crypto portfolio currently consists of Bitcoin (BTC), Solana (SOL), Ethereum (ETH), dogwifhat (WIF) along with a variety of crypto assets in the artificial intelligence (AI) and the tokenization of real-world assets (RWAs) sub-sectors.
A widely followed crypto analyst and trader is unveiling a list of crypto assets he is holding after last week’s altcoin meltdown.
The trader pseudonymously known as The Flow Horse tells his 211,400 followers on the social media platform X that his crypto portfolio currently consists of Bitcoin (BTC), Solana (SOL), Ethereum (ETH), dogwifhat (WIF) along with a variety of crypto assets in the artificial intelligence (AI) and the tokenization of real-world assets (RWAs) sub-sectors.
Native Stablecoins Expanding on Sui as Agora Launches AUSD Stablecoin on the Network
Sui, the Layer 1 blockchain, has announced the upcoming launch of stablecoin AUSD on their network, scheduled for July 2024. This development is set to bring even more value and possibilities to the Sui ecosystem. Through a carefully planned implementation, AUSD has joined the exclusive group of stablecoins within the Sui ecosystem, further expanding the range of native assets on the network. Agora is guided by experienced fintech professionals, including Nick van Eck, Drake Evans, and Joe McGrady.
Sui, the Layer 1 blockchain, has announced the upcoming launch of stablecoin AUSD on their network, scheduled for July 2024. This development is set to bring even more value and possibilities to the Sui ecosystem. Through a carefully planned implementation, AUSD has joined the exclusive group of stablecoins within the Sui ecosystem, further expanding the range of native assets on the network. Agora is guided by experienced fintech professionals, including Nick van Eck, Drake Evans, and Joe McGrady.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Altcoinist Unlocks New Chapter For Creator Economy After Raising $1.5M in Pre-Seed Round
Altcoinist, an on-chain monetization gateway platform, is elated to announce it has successfully raised $1.5 Million from its pre-seed and initial seed funding round.
The Seed A round was led by EnigmaFund, a leading venture capital firm best known for its investment in numerous Web3 startups such as ATOR, SperChain, Movement Labs, Entangle Protocol, Ready Games, ZeroLend, and more. In addition to EnigmaFund, the funding round attacked other notable investors, including Explore Capital, Crypto Society, AlphaCrypto Capital, Excelsior, and MoonbootsDAO.
Altcoinist, an on-chain monetization gateway platform, is elated to announce it has successfully raised $1.5 Million from its pre-seed and initial seed funding round.
The Seed A round was led by EnigmaFund, a leading venture capital firm best known for its investment in numerous Web3 startups such as ATOR, SperChain, Movement Labs, Entangle Protocol, Ready Games, ZeroLend, and more. In addition to EnigmaFund, the funding round attacked other notable investors, including Explore Capital, Crypto Society, AlphaCrypto Capital, Excelsior, and MoonbootsDAO.