☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Strategy buys 430 BTC for $51.4M raising holdings to 629,376 BTC worth $72.4B with $26.2B in paper gains since 2020.
🔸BitMine boosts ETH holdings to 1.52M ($6.6B), now claims No.2 global digital asset treasury after Strategy, eyes 5% of ETH supply.
🔸SEC delays Truth Social Bitcoin and Ethereum ETF to Oct 8, also postpones decisions on CoinShares XRP, LTC and 21Shares XRP funds.
🔸Early Ethereum ICO wallet sent 4,460 ETH ($19M) to Kraken, totaling $44M offloaded in a week amid ETH market dip.
🔸Dutch firm Amdax to list Bitcoin treasury company on Euronext Amsterdam, aiming to accumulate 1% of all BTC in circulation.
🔸ETHZilla, backed by Peter Thiel’s Founders Fund, rebrands and now holds 94,675 ETH ($419M), pursuing onchain yield beyond staking.
🌟Highlights
🔸South Korea’s FSC orders exchanges to halt crypto lending until guidelines are set, citing legal gray areas and user loss risks.
🔸US Treasury seeks public input on detecting illicit crypto activity after Trump’s GENIUS stablecoin act, comments due Oct 17.
🔸China Merchants Bank unit launches licensed Hong Kong crypto exchange for pros, offering BTC, ETH, and USDT trading.
🔸Ether trader flips $125K into $43M peak, secures $6.9M profit after downturn as whales and ETFs show profit-taking signals.
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