🪙 Crypto News (May 16, 2024): 1️⃣ Lookonchain: A mystery t

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🪙 Crypto News (May 16, 2024): 1️⃣ Lookonchain: A mystery trader raked in $576,000 through investments in #GameStop (GME) cryptocurrency, completing all transactions within a mere two days. 💰 2️⃣ Eric Balchunas: Bracebridge Capital, an American hedge fund, has poured approximately $434 million into spot #Bitcoin ETFs, securing its position as the largest shareholder in both ARKB and IBIT funds, according to Bloomberg Intelligence analyst Eric Balchunas. 📈 3️⃣ Tether: Tether, the issuer of the leading stablecoin #USDT by market capitalization, is investing in CityPay.io to bolster its foothold in Eastern European markets. Through its collaboration with CityPay.io, Tether seeks to expand its influence in the region. 💼 4️⃣ Reuters: Since 2021, in El Salvador, a state-run geothermal power station, tapping into volcano energy, has yielded 473.5 #BTC valued at approximately $29 million. 🌋💰 5️⃣ Tether: Tether, the entity behind the USDT stablecoin, has inked a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO) to extend its reach in the UAE. 🇦🇪 💪 Enjoying these insights? Don't forget to like, subscribe, or drop a question to keep the discussion going!

🪙 Crypto News (May 16, 2024):
1️⃣ Lookonchain: A mystery trader raked in $576,000 through investments in #GameStop (GME) cryptocurrency, completing all transactions within a mere two days. 💰
2️⃣ Eric Balchunas: Bracebridge Capital, an American hedge fund, has poured approximately $434 million into spot #Bitcoin ETFs, securing its position as the largest shareholder in both ARKB and IBIT funds, according to Bloomberg Intelligence analyst Eric Balchunas. 📈
3️⃣ Tether: Tether, the issuer of the leading stablecoin #USDT by market capitalization, is investing in CityPay.io to bolster its foothold in Eastern European markets. Through its collaboration with CityPay.io, Tether seeks to expand its influence in the region. 💼
4️⃣ Reuters: Since 2021, in El Salvador, a state-run geothermal power station, tapping into volcano energy, has yielded 473.5 #BTC valued at approximately $29 million. 🌋💰
5️⃣ Tether: Tether, the entity behind the USDT stablecoin, has inked a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO) to extend its reach in the UAE. 🇦🇪
💪 Enjoying these insights? Don't forget to like, subscribe, or drop a question to keep the discussion going! 