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Winklevoss Twins 🤝 Trump, Saylor Keeps Buying, Bitcoin Warms Finland

What's a couple million amongst twins?

Author

Justin
June 21, 2024 • Read Time: 6 minutes

Tyler and Cameron Winklevoss, the brothers behind Gemini, have each donated $1 million in bitcoin to former President Trump, sharply criticizing the Biden Administration for what they describe as a relentless assault on the crypto sector, which they believe endangers innovation and the economy for political gain.

On X, Tyler Winklevoss accused federal agencies of employing mafia-like intimidation tactics against banks that support crypto businesses and lambasts the SEC for using outdated laws to stifle the industry.

He argues that a Trump administration would champion pro-business, pro-crypto policies, highlighting a stark divide in how each administration approaches the burgeoning crypto sector.

That and more in today’s newsletter!

  • Tyler and Cameron Winklevoss contribute $1 million each in Bitcoin to former President Trump’s campaign, criticizing the Biden administration’s crypto policies. — Read More

  • Circle's CEO Jeremy Allaire sees a promising future for crypto, highlighting its potential as crucial internet infrastructure. — Read More

  • Kraken successfully retrieves $3 million lost due to a security breach triggered by Certik employees. — Read More

While Germany stirs the pot by selling off Bitcoin en masse, Argentina doubles down on crypto, and Finland finds warmth in Bitcoin's energy waste.

Marathon Digital Pilots Heat Recycling in Finland for Community Warmth

Marathon Digital launches a pioneering project in Finland using recycled Bitcoin mining heat to warm homes.

Argentina's President Milei Furthers Pro-Crypto Policies

President Javier Milei of Argentina advocates for Bitcoin integration and competitive currency markets, engaging in transformative economic strategies.

Germany Initiates Massive Bitcoin Sell-Off

Germany starts liquidating over $3 billion in seized Bitcoin, stirring market volatility concerns.

Ethereum's adaptability shines, whether mocking traditional finance, enhancing portfolio diversity, or navigating regulatory stumbles in staking.

Grayscale Ethereum Trust Disadvantaged by No Staking Option

Grayscale's ETHE faces challenges without Ethereum staking, potentially harming investor returns.

Bitwise Ethereum Ad Mocks Traditional Finance Limitations

Bitwise's new Ethereum ad humorously highlights the 24/7 availability of crypto over traditional finance's time-bound operations.

Ethereum for Diversification: Hougan Advocates Balanced Crypto Portfolio

Matt Hougan of Bitwise suggests investors diversify with Ethereum alongside Bitcoin for better risk-adjusted returns.

In a confidently bullish crypto market today, North America's inaugural Solana ETF sets sail, Phantom splashes $120M on the Sonic Network, and Binance amps up the Toncoin network with a splash of USDT.

First Solana ETF Launches in North America

The Toronto Stock Exchange welcomes North America’s first Solana ETF aiming to deliver staking yields and mirror SOL price movements.

Fantom Foundation Invests $120M in Sonic Network Launch

Fantom Foundation allocates $120 million from Fantom tokens to support projects migrating to the new Sonic network.

Binance Integrates USDT on Toncoin Network

Binance announces the integration of Tether (USDT) on the Toncoin Network, enhancing transaction flexibility and options.

Today, while DePIN reinvents logistics with web3, Fetch.ai steals the market show by surging 30% overnight, proving yet again that innovation, not just market size, dictates crypto success.

The Future of Logistics: Harnessing Web3 for Enhanced Data Integrity

DePIN offers revolutionary logistics solutions through web3 innovations, targeting better data practices and interoperability.

Fetch.ai Surges 30% Overnight, Outperforming Top Cryptos

Fetch.ai's market cap rose significantly, surpassing other major cryptocurrencies with a 30% overnight increase.

The gaming world gets an invigorating shake-up with Farworld's new fund infusion and Konami's fresh Avalanche tie-up, making Web3 experiences more palatable and sophisticated.

Farworld Raises $1.75M for Crypto Gaming on Farcaster

Farworld Labs secures $1.75M to accelerate its Farcade gaming platform on the Farcaster network.

Konami and Avalanche Launch Resella NFT Platform

Konami teams up with Avalanche to launch Resella, a NFT platform aimed at simplifying blockchain engagement for newcomers.

Today's crypto dramas pivot around battles for legal clarity, as investors sidestep the XRP legal minefield in favor of dreamy promises from emerging platforms like 5thScape.

XRP Faces SEC Challenges, 5thScape Offers 1000X Growth Potential

XRP's price risks falling amid SEC scrutiny, shifting focus to 5thScape's high-profit potential.

Consensys proceeds with its lawsuit against the SEC to seek clearer crypto regulation despite the closed ETH investigation.