#CryptoDigest
๐ The crypto fund Abraxas Capital has bet $800,000,000 on a market decline by shorting BTC, ETH, SOL, and HYPE with a leverage of 5xโ10x.
๐ช With a full transition to a tokenized economy, Ethereum could reach $706,000, with an interim target of $60,000, according to Bitmine analysts.
๐บ๐ธ The Chinese mining giant Bitmain will launch its first production line in the USA and open a headquarters in Texas or Florida.
โ ๏ธ Another user lost $119,000 (1 wBTC) by signing a phishing transaction.
๐ฎ๐ณ Coinbase wants to acquire the Indian exchange CoinDCX, which was recently hacked for $44,200,000.
๐ฆ๐ช RAKBANK from the UAE has started providing cryptocurrency services for retail clients.
๐ณ Visa believes that stablecoins will not change retail trade in the USA, but will transform cross-border transfers in developing countries.
๐ The number of search queries about stablecoins on Google has reached an all-time high.
๐ช The blockchain project Qubic announced plans to capture 51% of the Monero network's hash rate by August 2025.
๐ฉ๐ฟ The Algerian government has banned any activities related to crypto โ violators face up to 1 year in prison and a fine of $7,700.
๐ The crypto fund Abraxas Capital has bet $800,000,000 on a market decline by shorting BTC, ETH, SOL, and HYPE with a leverage of 5xโ10x.
๐ช With a full transition to a tokenized economy, Ethereum could reach $706,000, with an interim target of $60,000, according to Bitmine analysts.
๐บ๐ธ The Chinese mining giant Bitmain will launch its first production line in the USA and open a headquarters in Texas or Florida.
โ ๏ธ Another user lost $119,000 (1 wBTC) by signing a phishing transaction.
๐ฎ๐ณ Coinbase wants to acquire the Indian exchange CoinDCX, which was recently hacked for $44,200,000.
๐ฆ๐ช RAKBANK from the UAE has started providing cryptocurrency services for retail clients.
๐ณ Visa believes that stablecoins will not change retail trade in the USA, but will transform cross-border transfers in developing countries.
๐ The number of search queries about stablecoins on Google has reached an all-time high.
๐ช The blockchain project Qubic announced plans to capture 51% of the Monero network's hash rate by August 2025.
๐ฉ๐ฟ The Algerian government has banned any activities related to crypto โ violators face up to 1 year in prison and a fine of $7,700.