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Ek San
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🚨🇨🇳CHINESE-LINKED FIRM #BUYS $300M IN $TRUMP MEMECOIN 🔹GD Culture Group, tied to China & TikTok, plans $300M $TRUMP token buy 🔹Firm has only 8 employees, zero revenue in 2024 🔹Uses TikTok-based e-commerce; raises funding despite struggling status 🔹Raises speculation over motives & legitimacy
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🚨STABLEX #REVOLUTIONIZES FX PAYMENTS WITH STABLECOINS 🔹MetaComp (MAS-licensed) unveils StableX for cross-border B2B FX 🔹Uses USDT/USDC with smart routing for fast, low-cost settlement 🔹Integrates with CAMP for custody, OTC, COBO, POBO services 🔹Supports major currencies (USD, SGD, AED, etc.); more to come 🔹Built on MetaComp's Web 2.5 Core Banking + API Gateway
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🚨Two institutional wallets #moved 11.65 million $UNI (≈$82.38M) to Cøinbase Prime 🔹Addresses #received UNI during the September 2020 allocation. 🔹One address also sent 9 million $UNI to Cøinbase Prime two weeks ago. 🔹Movement suggests possible liquidation or strategic positioning 🔹Earlier, 437,000 UNI were sent from Uniswap Foundation to Binance
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🚨US Bipartisan #Stablecoin Bill Gains Momentum in Senate. 🔹Senators from both #parties are reviving a crypto-friendly stablecoin bill 🔹Bill sponsor Sen. Bill Hagerty #hopes for passage before May 26 recess 🔹Progressive Democrats demanded bans on Trump profiting from crypto—rejected by Republicans 🔹Democrats' support is key due to Senate’s 60-vote threshold 🔹Coinbase and industry leaders are lobbying to break the impasse 🔹Bill stalled earlier due to lack of public text and political clashes A fast-track vote may occur this month, with significant implications for stablecoin regulation and industry legitimacy in the U.S. -Bloomberg $BTC $ETH
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🚨Whale #Shorts Crypto Market With Over $250M Position, Now at Loss. 🔹Whale at address 0x5b5d...c060 added $11.9M $USDC to HyperLiquid 🔹Maintains 5x leveraged short on BTC, $ETH , and $SOL 🔹Total USDC deposits: $62.4M,🔴 short position now over $250M 🔹Position flipped from $6.8M profit to $7.6M loss 🔹This marks the third recent increase in short size by this whale
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Whale Converts WBTC to ETH Amid Market Activity
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