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1Bitget Daily Digest (January 16) | Asset management giant takes notice of AI agents as funds surge into the sector, with $ARC and $ELIZA leading the rally2Analysts Predict Litecoin ETF Approval May Be Imminent Following SEC Engagement3VanEck Seeks SEC Approval for New ETF Focused on Crypto Firms
Why is Justin Sun offloading Ethereum? Sun does away with 50% ETH Holdings
Share link:In this post: Justin Sun sold 50% of his Ethereum holdings worth $143M, adding selling pressure as ETH dropped 17% to $3,304 in a week. Sun’s transactions average $3,674 per ETH, yielding a 29% ROI, with 42,904 ETH ($139M) unstaked that analysts predict he will eventually sell. Ethereum faces bearish trends below $3,500 but sees continued institutional ETF interest, with inflows reaching $62.73M in the past trading week.
Cryptopolitan·2024/12/23 13:55
The liquidity indicator on the BTC chain is only 0.59, and the potential of the bull market is ready to go
CryptoChan·2024/12/23 09:33
Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges
Cointime·2024/12/23 09:00
Today's popular MEME inventory
币币皆然 ·2024/12/23 08:39
Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant
The new appointees will focus on digital asset oversight, economic policy, and AI strategy.
DLNews·2024/12/23 04:53
SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction
Cointelegraph·2024/12/23 03:00
Flash
- 07:44Selected LTC breaks through $140, 24-hour increase reaches 16.47%Bitget market data shows that LTC has broken through $140, currently reported at $139.12, with a 24-hour increase of 16.47%.
- 07:42Amber Group becomes a market maker for SOLV, received 23.2 million SOLV three hours agoAccording to @ai_9684xtpa monitoring, Amber Group has become the market maker for CEX's current Megadrop new coin SOLV. About three hours ago, address 0x716...dbE85 received 23.2 million SOLV (1.56% of the initial circulation) from the project side multi-signature address for market making. Currently, 12.2 million have been deposited into various major exchanges.
- 07:41BitFuFu plans to acquire majority stake in a 51MW Bitcoin mine in the United StatesAccording to the official announcement, BitFuFu Inc. (NASDAQ code: FUFU) has signed a letter of intent to acquire a majority stake in a 51MW Bitcoin mine located in Oklahoma, USA. The mine is located in an uninhabited area and has completed the construction of power and mining infrastructure. The cost of electricity is about 3 cents per kilowatt-hour, equipped with efficient air-cooled Bitcoin miners, demonstrating excellent computing efficiency. The transaction is expected to be completed in the first half of 2025, subject to due diligence and other customary closing conditions. It is reported that BitFuFu is a global leader in the field of Bitcoin mining and integrated services, as well as a strategic partner of BITMAIN.