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#BotOrNot Crypto Today: BNB, OKB, BGB tokens rally as BTC, Shiba Inu and Chainlink lead market rebound 03/14/2025 13:52:00 GMT | Crypto Today: BNB, OKB, BGB tokens rally as BTC, Shiba Inu and Chainlink lead market rebound Cryptocurrencies sector rose by 0.13% in early European trading on Friday, adding $352 million in aggregate valuation. With BNB, OKB and BGB attracting demand amid intense market volatility, the exchange-based native tokens sector added $1.9 billion. Bitcoin, Shiba Inu and Chainlink have emerged as top gainers among the 20 largest projects.
David Sacks sold $200 million in crypto-related holdings before taking White House job. Published Fri, Mar 14 2025 1:37 PM EDT MacKenzie Sigalos
KEY POINTS A White House memo revealed that David Sacks, President Trump's AI and Crypto czar, sold over $200 million in digital asset-related investments. The disclosure shows Sacks liquidated stakes in cryptocurrencies and related assets. Meanwhile, President Trump and top adviser Elon Musk continue to own massive stakes in companies and projects that can potentially benefit from government policies. U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration's AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, Craft Ventures, before starting the job, according to a memo from the White House.
Of the the assets sold, the documents said that at least $85 million "is directly attributable to Sacks." The memo, from White House counsel David Warrington, added that Craft remains an investor in some other funds that have digital assets in their portfolios.
Half-billion meme coins pushed out of circulation today.
Popular blockchain tracker Shibburn has published a tweet, notifying the community about a mammoth amount of SHIB has been burned since yesterday morning.
This gigantic burn has triggered an immense five-digit percentage growth in the burn rate.
SHIB burn rate jumps 27,660%
The aforementioned data source spread the word about an astounding rise in the burn rate, which this time reached a whopping 27,660% with 503,305,764 SHIB transferred to unspendable blockchain wallets in total.
According to the same data aggregator, it took 10 burn transactions to remove that massive amount of meme coins from market circulation.
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