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Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the current market price of BTC of $103,873.Riot shares (ticker RIOT) are up more than 20% over the past five trading days.
Quick Take Someone sent Richard E. Ptardio, a parody trader account, 700 million tokens of the memecoin PTARDIO on Tuesday.
Quick Take Wormhole is working with blockchain development company Nuffle Labs on a solution to expand EigenLayer’s restaking functionality beyond the Ethereum ecosystem.
Quick Take Ohio State Representative Derek Merrin introduced a bill to create a bitcoin reserve within the state treasury. Several other state representatives have pushed for state bitcoin reserves, as U.S. president-elect Donald Trump looks to build a national strategic reserve of bitcoin.
- 12:34Insider: Trump is expected to issue at least one executive order on encryption on his inauguration dayAccording to Marketwatch, sources say that the cryptocurrency industry has been lobbying for Trump to issue executive orders within his first 100 days in office to establish a US Bitcoin reserve, ensure the industry can access banking services, and create a cryptocurrency advisory committee. The industry expects at least one order will be issued on January 20. One analyst said that Bitcoin could rise to a record high of over $125,000 in the first quarter of this year or it could fall to $77,000. The key is whether Trump will quickly fulfill his promises to the cryptocurrency industry after taking office. These promises include making America "the capital of internet cryptocurrencies" and "the world's superpower in Bitcoin."
- 12:32Data: USDC Treasury has destroyed 50 million USDC on the Ethereum chainAccording to Whale Alert monitoring, the USDC Treasury destroyed 50 million USDC on the Ethereum chain about 5 minutes ago.
- 12:31Data: A trader "cut losses" on 10.63 million LLM, missing out on a potential profit of 1.5 million US dollarsAccording to Lookonchain monitoring, a trader sold 10.63 million LLM for $1725, which is now worth over $1.5 million. Yesterday, the trader spent 14 SOL ($2767) to purchase 10.63 million LLM. However, it began to fall shortly after his purchase, so he sold all of his LLM at a price of 8.74 SOL ($1725).