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🌙 Trump Scores $2M BTC From Winklevoss Twins

🌙 Trump Scores $2M BTC From Winklevoss Twins

The Winklevoss twins announced they each donated $1 million worth of bitcoin to former President Donald Trump, the presumptive Republican nominee in the upcoming election.

Mike Gavela
June 20, 2024

Crypto Roundup - June 20

In recent cryptocurrency developments, former President Donald Trump has received Bitcoin donations worth $2 million from the Winklevoss twins, highlighting the continued intersection of politics and digital assets. Meanwhile, Michael Saylor's MicroStrategy has significantly bolstered its Bitcoin holdings by acquiring an additional 119,000 BTC for $786 million, emphasizing the company's unwavering confidence in Bitcoin's long-term value. Concurrently, Germany has initiated the sale of billions in Bitcoin, triggering volatility fears in the market as investors closely monitor the impact of these large-scale liquidations on Bitcoin's price stability.

Top Stories:

Trump scores Bitcoin donations worth $2 million from the Winklevoss twins.
MicroStrategy acquires 119k more Bitcoin for $786 million, reinforcing its bullish stance.
Germany begins selling Bitcoin worth billions, sparking volatility concerns.

FUNDRAISES

EXCLUSIVE: Modular blockchain Particle Network raises $15 million in token round
— The Block (@TheBlock__)
2:05 PM • Jun 20, 2024

We're thrilled to announce our $3 million seed round to build the next social collaboration network with investors and angels from @OKX_Ventures, @animocabrands, @realMaskNetwork, @ArcheFund, @SummerEverest, @BCoinvestors, @AspenDigital, @CatcherVC, @PANONYGroup, @hardbank_ge,… x.com/i/web/status/1…
— Zeek Network (@zeek_network)
3:32 AM • Jun 20, 2024

OTHER HEADLINES

Solana ETF Proposal Aims to Be First in North America - Decrypt

After Bitcoin and Ethereum ETF approvals in the United States, a firm aims to launch Canada's first Solana ETF. Can the U.S. be far behind?

decrypt.co/236391/solana-etf-proposal-3iq-canada

Judge in SEC v. Kraken case suggests he will deny motion to dismiss

In a June 20 hearing, Judge William Orrick said he was “inclined to deny” a motion to dismiss filed by Kraken, adding it was “plausible” the exchange dealt with securities.

cointelegraph.com/news/sec-kraken-judge-deny-motion-dismiss-securities

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

U.S. District Court Judge Phyllis Hamilton dismissed all four of the class action claims against Ripple but will allow one state law claim to proceed to trial.

www.coindesk.com/policy/2024/06/20/california-judge-breaks-with-new-york-counterpart-sends-ripple-securities-lawsuit-to-trial

CRYPTO TWITTER (X)

This is the next step in getting cross-border transactions as low as 1 second and 1¢.
Important steps being made with @CoinbaseWallet.
— Brian Armstrong (@brian_armstrong)
9:58 PM • Jun 20, 2024

Earn Update: Today, we are pleased to announce that your final Earn distribution — approximately 3% of the remaining digital assets owed to you by Genesis as of the suspension date (November 16, 2022) — is now available in your Gemini account.
With this final distribution, Earn… x.com/i/web/status/1…
— GeminiTrustCo (@GeminiTrustCo)
1:35 PM • Jun 20, 2024

“The Federal Reserve is nothing federal and has no reserves. They rob you from your wealth and from your savings and that’s immoral. It’s not only immoral but it also destroys some basic economic principles like saving.”
- @nayibbukele 🔥
— Vivek⚡️ (@Vivek4real_)
10:07 PM • Jun 20, 2024

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