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Viktoria
@life-change
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Crypto is ‘Ideal Policy Area’ for Donald Trump’s VP Pick J.D. Vance to Take the Lead On
Industry experts and commenters seem to agree that J.D. Vance, the US Vice President pick made by the former President and current Presidential hopeful, Donald Trump, is good news—at least for crypto, at least for now.
Donald Trump, who was recently found guilty of 34 counts in a Manhattan court, is back on the campaign trail for the 2024 US elections.
This week, the presumptive GOP nominee chose a Trump-critic-turned-Trump-supporter, Ohio Senator J.D. Vance, as his running mate.
As was the case with Trump himself, the crypto space has now turned its attention to the VP hopeful and his possible impact on the industry.
According to Dylan Bane, Enterprise research analyst at blockchain analytics and research firm Messari, “while much is still uncertain in this unprecedented election, Vance seems to bode well for the crypto industry.” 0 reply
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Tron founder Justin Sun Buys 1,614 ETH Worth $5 Million USDT
The recent ETH purchases coincide with preparations ahead of the anticipated approval of a spot Ether ETF by the end of July. Spot on Chain, an on-chain data provider, also noted Sun’s deposit of 45 million USDT to Binance, suggesting potential future Ethereum acquisitions.
Meanwhile, Ethereum whale activity has surged, with notable deposits and transactions. The Golem Project, for instance, made significant ETH deposits to Binance but has reportedly ceased selling while staking 40,000 ETH.
Elwood Technologies followed suit by depositing 26,811 ETH, valued at over $84 million, to Binance within the last three days. However, withdrawals of 24,463 ETH from Elwood-related addresses on Binance were also observed during the same period. 0 reply
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