August 19, 2023 10:00 PM | 2 min read
The cryptocurrency world never sleeps, and this weekend was no exception. From SpaceX making a significant move with its Bitcoin (CRYPTO: BTC) holdings to revelations about Donald Trump‘s Ethereum (CRYPTO: ETH) stash, the crypto space was buzzing with activity. Let’s dive into the top stories that shaped the weekend.
SpaceX’s Bitcoin Move
Aerospace giant SpaceX, under the leadership of Elon Musk, has reportedly offloaded its entire Bitcoin holdings, resulting in a write-down of a whopping $373 million. This decision comes after Musk’s previous endorsements of various cryptocurrencies, including Dogecoin (CRYPTO: DOGE). Read the full article here.
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Trump’s Ethereum Holdings
Former President Donald Trump has been revealed to hold a significant amount of Ethereum, valued between $250,000 and $500,000. This revelation comes after Trump’s previous skepticism towards cryptocurrencies. Read the full article here.
Pompliano’s Bullish Bitcoin Prediction
Prominent crypto investor Anthony Pompliano remains bullish on Bitcoin, despite its current price being more than 50% below its all-time high. He believes that the crypto industry is resilient and foresees a bright future for Bitcoin. Read the full article here.
Floki’s Admiration for Fellow Meme Coins
Cryptocurrency FLOKI (CRYPTO: FLOKI) has expressed its admiration for fellow meme coins, Dogecoin and Shiba Inu (CRYPTO: SHIB). The coin, inspired by a tweet from Elon Musk, has grown significantly since its inception and has collaborated with Musk’s brother, Kimbal Musk, on the Million Gardens Movement. Read the full article here.
Mysterious Shiba Inu Whale Activity
A mysterious whale has transferred a massive amount of Shiba Inu tokens, equivalent to approximately $40.7 million. This move comes amidst the launch of Shiba Inu’s new Layer 2 scaling solution, Shibarium. Read the full article here.
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