Midday News Update #Web3

šŸ‹ ā€œ1011 Insider Whaleā€ has increased its long positions in ETH and BTC, bringing total holdings to $103M.

šŸ’¬ Yi lihua: Public chains, exchanges, and stablecoins remain the three investment sectors capable of enduring market cycles.

šŸ“Š @Gemini plans to expand into prediction markets, having applied for a derivatives trading license.

šŸ›ļø US Senator suggests that establishing a strategic Bitcoin reserve is the only viable solution to offset national debt.

šŸ’° @stakewise_io DAO has successfully recovered about $20.7M in stolen assets from the Balancer hack.

#CryptoNews #Web3 #Bitcoin #Ethereum #DeFi