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Bit Digital is trying to triple its authorized share capital to fund even more Ethereum buys. The company said in an SEC filing on Friday that it’s calling a shareholder meeting this September to approve the decision. If passed, Bit Digital’s authorized ordinary shares would jump from 340 million to 1 billion, and total authorized […] Source: cryptopolitan.com (Read Full Article)
What happens if Bitcoin reaches $1 million?
A $1-million Bitcoin would upend global finance, reshaping wealth, inflation, energy markets and the very role of fiat currencies. Source: cointelegraph.com (Read Full Article)
Google removes phone spyware illegally hosted on its servers
Google has shut down phone spyware operator Catwatchful, which was hosted on its servers. According to reports, the surveillance operator’s account was using the tech company’s servers to host and operate the monitoring software. The move to shut down the operation comes after several alerts to the firm. A report by TechCrunch mentioned that the […] Source: cryptopolitan.com (Read Full Article)
Shiba Inu Price Crash: Massive Coinbase Transfer Sparks Speculation
The Shiba Inu price is back in the spotlight after a massive Coinbase transfer of 5 trillion SHIB shakes the broader market and sparks speculation across the crypto community. With uncertainty surrounding the intent of the large-scale SHIB transfer, the transaction has drawn significant attention and comments from crypto watchers, especially as it comes on the heels of a recent crash in the meme coin’s price. Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic Whale Moves Fuel Shiba Inu Price Speculation A new report from Whale Alert on X social media has confirmed a jaw-dropping transfer of 5 trillion SHIB, worth approximately $69.98 million from crypto exchange Coinbase to an unknown wallet. The move has reignited market discussions, closely following a significant crash in the meme coin’s price that erased weeks of gains. CoinMarketCap’s data shows that Shiba Inu is now trading at $0.000014, down by more than 7% in just a few days. Notably, the 5 trillion SHIB transfer by the anonymous whale has raised eyebrows across the crypto community, with many expressing their astonishment over the sheer size of the transaction and others viewing it as a calculated move. The timing and size of the transfer have also led some to interpret it as a bearish signal, potentially indicating an upcoming sell-off, which could lead to further declines in the meme coin’s price. Others assert that the tokens have been deliberately taken off the active trading market and put into a vault, hinting at a strategic supply reduction. If conditions remain optimal, this could set the stage for a possible liquidity squeeze. In addition, as demand returns to the market, the crypto member states that Shiba Inu could face a thin wall of available supply, potentially triggering a price rebound. What’s more, the lack of clear information regarding the receiving wallet has only added to the speculation, with a community member suggesting that the entity, the 5,000,000,000,000 SHIB transfer, may have been driven by insider knowledge. Typically, whale moves of this magnitude tend to influence market sentiment, potentially triggering sharp price reactions and raising questions about possible coordinated activity. Market Eyes Possible Price Revival Beyond the initial shock of the 5 trillion SHIB transfer and its potential implications on price action and whale activity, many in the crypto space are beginning to draw connections to a broader bullish trend or possible price resurgence. Some crypto members believe that the reemergence of high-value whale entities could be a potential precursor of big price moves. Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst Others suggest that this move could trigger the start of a meme coin season, where speculative assets like Shiba Inu or Dogecoin experience renewed investor interest and dramatic price surges. Historically, large and sudden whale movements often precede market-wide interest and price rallies in meme tokens, particularly when those moves significantly shrink supply and hint at potential future accumulation. Featured image from Pexels, chart from TradingView Source: newsbtc.com (Read Full Article)
Cardano vs Mutuum Finance: Could MUTM Beat ADA in Gains?
As July ticks away and traders scramble for the top summer tokens to watch, one name is quietly igniting whispers across crypto circles, Mutuum Finance (MUTM). Mutuum Finance presale phase 5 has already sold out faster than expected. More than 14,300 investors have invested in presale. MUTM has already raised over $13.4 million. The project… Source: partner.cryptopolitan.com (Read Full Article)
Neuralink teams up with Spain, California for Elon Musk’s new ‘bionic eye’ project
Neuralink, Elon Musk’s brain chip company, has partnered with researchers in Spain and California on a new clinical trial for what’s being called a “Smart Bionic Eye.” The trial quietly appeared on ClinicalTrials.gov in late July, with sponsorship listed under the University of California at Santa Barbara, according to Bloomberg. The study is meant to […] Source: cryptopolitan.com (Read Full Article)
Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings
Jeff Bezos just dumped $5.7 billion worth of Amazon shares, cashing out hard right before the company’s earnings report hits next week. The stock sales started around his wedding in Venice at the end of June and ended on Thursday, with a final unload of 4.2 million shares for $954 million. All of it was […] Source: cryptopolitan.com (Read Full Article)
Bitcoin Breaks Records: What’s Fueling the Growth and How to Get Started
Bitcoin has once again captured global attention by reaching unprecedented heights, surpassing $123,000 and establishing a new all-time high that has both seasoned investors and newcomers taking notice. This historic milestone isn’t just another price pump – it represents a fundamental shift in how institutional investors, regulators, and everyday users view cryptocurrency as a legitimate … Read more Der Beitrag Bitcoin Breaks Records: What’s Fueling the Growth and How to Get Started erschien zuerst auf airdrops.io. Source: airdrops.io (Read Full Article)
Finland's economy takes a reputation hit after first Fitch downgrade in nearly a decade
Finland’s credit strength just took a hit. On Friday night, Fitch Ratings downgraded the country’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising debt and weak efforts to control it. The decision ends nearly a decade of rating stability and keeps the outlook at Stable. According to Fitch, government debt is still rising, […] Source: cryptopolitan.com (Read Full Article)
Trump, von der Leyen set to meet in Scotland to avoid war in EU-US trade talks
European Commission President Ursula von der Leyen is meeting President Donald Trump on Sunday in Scotland, trying to hammer out a last-minute trade deal before U.S. tariffs on European Union goods hit 30% on August 1. The announcement came Friday after Ursula posted on X, saying the two had agreed to meet “to discuss transatlantic […] Source: cryptopolitan.com (Read Full Article)