WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

August 12, 2024 Bitcoin.com

BiT Global

The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys […]

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Justin Sun delivers keynote and fireside chat at ABS2024, TRON DAO featured as title sponsor

August 9, 2024 The Crypto Briefing

Crypto Briefing

TRON DAO's prominent role at ABS2024 highlights its influence in shaping blockchain innovation and fostering global tech community collaboration.

The post Justin Sun delivers keynote and fireside chat at ABS2024, TRON DAO featured as title sponsor appeared first on Crypto Briefing.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Justin Sun denies liquidation rumors amid market turmoil

August 5, 2024 Coin Telegraph

Coin Telegraph

Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.

Justin Sun, founder of Tron (TRX) and Huobi (HTX), has denied rumors that leveraged futures positions from HTX have been liquidated in the past 24 hours during the sharp market downturn, claiming that HTX "rarely" engages in leveraged trading.

Sun followed up his remarks by promising to set aside $1 billion "To combat fear, uncertainty, and doubt, invest more, and provide liquidity," though details on this proposed fund remain elusive beyond his initial announcement.

Cointelegraph reached out to Sun for more clarification but was unable to obtain a response by the time of publication.

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Tron Founder Justin Sun Calls on China to Warm up to Bitcoin

July 31, 2024 Bitcoin.com

bitcoin.com

Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Why is ETH demand lacking post-Ethereum ETF?

July 30, 2024 Coin Telegraph

Coin Telegraph

ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.

Ethereum (ETH) is about to close the month of July in the red, down roughly 1%, despite the launch of spot Ethereum ETFs in the United States.

US spot Ethereum ETFs went live on July 23, and the market’s immediate reaction was a 9% drawdown. At present, the ETH price is down 4.05% since launch. However, other reasons may have hindered price performance.

The overall ETF numbers have been underwhelming, with the cumulative total net inflow currently at negative $439.64 million, according to Sosovalue.

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Justin Sun Calls for Restoration of Bitcoin Emoji on X

July 29, 2024 Bitcoin.com

bitcoin emoji

Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to surpass gold. “We humbly request restoring this tradition and are willing to accommodate any requirements,” […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

HTX Is Developing an Apple Vision Pro Crypto Exchange Concept

July 21, 2024 Bitcoin.com

Apple Vision Pro

In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro. He expressed his satisfaction with the app’s performance, highlighting its capabilities to view cryptocurrency and place orders. Sun’s post also revealed that HTX is in the process of developing a new concept […]

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Elon Musk, Justin Sun fully endorse Trump in presidential race after rally shooting

July 14, 2024 The Crypto Briefing

Crypto Briefing

Musk and Sun's endorsements could significantly influence the crypto community's support, potentially reshaping the 2024 election dynamics.

The post Elon Musk, Justin Sun fully endorse Trump in presidential race after rally shooting appeared first on Crypto Briefing.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Justin Sun Says TRON Team Designing New Gas-Free Stablecoin Transfer Solution

July 8, 2024 The Daily Hodl

Altcoins

Justin Sun has announced that developers are now working on a stablecoin transfer solution that can function without gas fees on the TRON (TRX) network. The crypto billionaire says the new service is set to roll out later this year, initially on TRON before expanding to Ethereum (ETH) and other EVM-compatible chains. “Our team is […]

The post Justin Sun Says TRON Team Designing New Gas-Free Stablecoin Transfer Solution appeared first on The Daily Hodl.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Justin Sun wants to discuss Bitcoin deal with German government to reduce market impact

July 4, 2024 The Crypto Briefing

Bitcoin

Justin Sun's proposal to buy Bitcoin from Germany OTC could stabilize the market, preventing potential volatility from large-scale government sales.

The post Justin Sun wants to discuss Bitcoin deal with German government to reduce market impact appeared first on Crypto Briefing.

justin sun