Crypto Today: Market Buzz & Major Moves ๐๐ฅ
1. Institutional Rally & Big Moves
Metaplanet Inc. acquired 518 BTC โ around $61.4 million โ bringing its holdings to 18,113 BTC. Solid move!
Tephra Digital, backed by Jefferiesโ Leucadia, saw a 9% return in July, tallying ~23% YTD, fueled by Bitcoinโs surprising resilience and institutional demand .
2. Ethereumโs Bullish Breakouts
Ether (ETH) shot up 7%, hitting $4,624, as corporate and institutional treasuries ramped up holdings to $16.4 billion .
3. XRP Gears Up for a Rally
XRP currently sits at $3.13โ$3.25, showing strong footing .
Analysts are eyeing a potential leap to $12.60 should Rippleโs SEC case conclude favorably .
4. Do Kwon Pleads Guilty
Terraform Labs co-founder Do Kwon pled guilty to conspiracy & wire fraud over the 2022 collapse of Terra/Luna. Sentencing is slated for December 11, with up to 12 years possible and $19 million in assets forfeited .
5. Crypto Takes OffโLiterally!
Blue Origin, Jeff Bezosโ space company, now accepts Bitcoin, Ethereum, Solana, USDT, USDC to book suborbital flights via Shift4 Payments. The future is hereโcrypto to space ๐โจ .
๐ #CryptoUpdate #Bitcoin #Ethereum #XRP #Metaplanet #InstitutionalCrypto
๐ #DoKwon #Terraform #GuiltyPlea #DecentralizedFuture
๐ #CryptoToSpace #BlueOrigin #NextGenPayment
๐ฅ #MarketMomentum #Altseason #CryptoNews