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Brad Garlinghouse, CEO of Ripple, the company that issued XRP, said in an interview that “the new target of the US government will be the Tether company”, which was met with a reaction from the USDT issuer. Tether CEO Paolo Ardoino claimed that the reason behind Garlinghouse’s comments was Ripple’s new stablecoin.
Famous businessman Mark Cuban, known for his words of support for Bitcoin and Dogecoin in recent years, stated that US President Joe Biden’s stance against cryptocurrencies is a mistake and that this will have repercussions in the elections. Cuban also harshly criticized SEC chairman Gary Gensler.
Early Bitcoin and Ether investors have made significant transfers in the last 24 hours. Two Bitcoin wallets that have not moved in more than 10 years moved 500 BTC each to other wallets, while another account that bought Ether in 2016 sent $12 million worth of ETH to the Coinbase exchange.
In the first round of the Cyber Ecosystem Grant Program, where $2 million worth of funds will be distributed, 10 projects were selected.
On Friday last week, the hacker paid back $14 million to the person who lost 1155 WBTC worth $71 million after the hack. It is not known whether the hacker will send any more of the remaining amount.
Benjamin Cowen, who is especially known for his Youtube broadcasts and has been analyzing cryptocurrency for years, stated that the bottom of the cycle may be seen in Bitcoin in the coming period. “It looks to me like it’s mimicking 2016 a lot more than the other two cycles, which kind of makes sense. I mean a lot of people who’ve been following Bitcoin for a while have been comparing this cycle more so to the 2016 cycle than the one in 2020.” Cowen said.
In 2024, the meme coins mined on the Solana blockchain have been perhaps the most talked about topic of the bull season so far, while the development team of the token Minette has made a huge profit. And it looks like there’s more to come!
US-based Bitcoin mining company Marathon Digital also announced its Q1 figures. The company mined 2811 Bitcoins worth $176 million in the first 3 months of 2024. The company, which has $1.6 billion in liquidity, stated that it also holds Bitcoin in this amount.
Pantera Capital, known for its investments in the crypto industry, has announced that it has made its largest token investment to date in TON, Telegram’s coin. The announcement came from Panetra CEO Dan Morehead, while no details or figures were given.
CEO Michael Sonnenshein talked at Grayscale, a company that has been much talked about with its Bitcoin spot ETF sales but also received investment in this fund for the first time last week. Explaining why they withdrew their Ether futures ETF applications at a conference he attended, Sonnenshein said, “At Grayscale we decided to focus our energy on our spot products. That’s really core to our DNA,”