The crypto market has been a rollercoaster ride over the weekend. From Shiba Inu’s burn rate surge to a dip in Trump’s Ethereum holdings, it was a weekend full of unexpected twists and turns. Let’s delve into the key stories that made headlines.
Shiba Inu Burn Rate Soars 330% in a Day
Shiba Inu’s burn rate witnessed a staggering 330% spike in just 24 hours on Monday. This surge followed the successful resolution of a glitch that had previously affected the Shibarium layer-2 Ethereum Network. Read the full article here.
Trump’s Ethereum Wallet Takes a Plunge
Former President and Republican candidate Donald Trump’s Ethereum holdings have reportedly dropped by over $20,000 from their all-time high. According to data from Arkham Intelligence, Trump's Ethereum wallet holds a total of 1,552 ETH. The downturn in the crypto market has led to Trump's holdings experiencing a loss of $21,830. Read the full article here.
President Biden’s Bitcoin Nod?
President Joe Biden might be warming up to Bitcoin, as indicated by a unique mug he showcased on Friday. The mug portrays Biden with sunglasses that, when filled with hot liquid, disappear to reveal laser-like eyes, a popular symbol among Bitcoin enthusiasts. Read the full article here.
Unpublished Twitter Posts by Sam Bankman-Fried Leaked
Crypto influencer Tiffany Fong recently leaked a collection of unpublished Twitter posts by Sam Bankman-Fried, amounting to approximately 15,000 words. These posts span about 70 pages and aim to justify Bankman-Fried’s actions ahead of his trial. Read the full article here.
Binance.US Accused of Non-cooperation by SEC
The Securities and Exchange Commission (SEC) has accused crypto exchange Binance.US of not fully cooperating with its ongoing investigation. The SEC’s primary concerns revolve around the safety of U.S. investors’ assets on the platform. Read the full article here.
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