Evening News Update #Web3
š¶ #CitizenX CEO claims Spain imposing ā¬3,000 fine for unreported cash withdrawals over ā¬150. #Tether (@Tether_to ) CEO Ardoino responds: "Digital euro atmosphere has intensified," suggesting capital controls boosting crypto case.
š #CryptoQuant CEO: Bitcoin is deflationary with MicroStrategy acquiring $BTC faster than mining rate. Strategy's 555K illiquid holdings create -2.23% annual deflation rate, potentially higher among other institutional holders.
š Former #Binance CEO CZ shares photos with Bhutan royalty, reveals introducing Sign (YZi Labs' token distribution infrastructure) to the King during 2023 visit.
š° Trader James Wynn amasses $46.5M profit on @Hyperliquid since March 13. Current positions: 40x $BTC long (+$5.4M), 10x $PEPE (+$23.8M), 10x $TRUMP (+$5.57M), 5x $FARTCOIN (+$5.15M), 5x $HYPER (+$31.4K).
š China-US high-level economic talks begin in Geneva. Chinese Vice Premier He Lifeng meets with US Treasury Secretary Bessent amid ongoing trade tensions.
