Trump denies $3 billion cryptocurrency purchase; Circle denies plans to sell

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▌Trump Media Group Denies Raising $3 Billion to Purchase Cryptocurrency

Trump Media Group denied plans to raise $3 billion through equity and convertible bonds to purchase cryptocurrencies like Bitcoin. The company responded: "The apparently stupid author at the Financial Times is listening to an even stupider sources." Previously Previously, the Financial Times reported, citing six informed sources, that the group was raising to $position itself the.<�Denies Plans to Sell to Coinbase or Ripple

, stablecinsoinuer it be sold to San Francisco-based crypto companies Ripple Labs or Coinbase. Previously, there were reports that Circle was in informal negotiations to sell to to To coinbase or Ripple. A Fortune magazine report stated said a sale at a $5 billion valuation, which aligns with its initial public offering (IPO) target valuation. Despite these reportsorts, a Circle spokesperson firmly denied there any to any entities like Coinbase and Ripple. They stated that Circle Circle is is committed to achieving its long-term goals.


Market

As of the time,, according to Coingecko data:

BTC price is $109,394, 24-hour change +0.5%;

ETH price is $2,558.21, 24-hour change +0.6%;

BNB price is $674.21, 24-hour change +0.8%;

SOL price is $174.42, 24-hour change +0.0%;

DOGE price is $0.2240, 24-hour change +1.7%;

Xprice $2., hour change -.%。


<><▲>▌Crypto Group Urges US SEC to ClarAking Regulation, Calls for For Guidelines

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<�Texas Senate and House Form Conference Committee to Coordinate Differences on Bitcoin Reserve Bill


Blockchain Applications

▌Microsoft Open-Sources Browser Agent That Can Track and Control Intelligent Agents in Real-Time

Microsoft open-sourced an Agent dedicated to browser web tasks called Magentic--UI. Built on the previously open-sourced Magentic-One, it supports human-machine collaborative control methods to enhance intelligent agent execution efficiency and accuracy. According to GAIA test test data, when equipped with auxiliary information, Magentic-UI's task completion rate increased from 30.3% in autonomous mode to 51.9%, with accuracy improving by 71%. Additionally, Magentic-UI only sought help from simulated users in 10% of with an average of 1.1 help requests per task. (AIGC Open Community)


    Cryptocurrency

    ▌Strategy Bitcoin Holdings Currently Show Unrealized Gain Exceeding $23 Billion

    With Bitcoin briefly breaking $110,000, currently at $109,686, Strategy ((formerly MicroStrategy) Bitcoin holdings show an unrealized gain over $23 billion. of 25,,, Strategy holds 580,250 Bitcoins, purchased at a total price of approximately $40.61 billion, with an average price of around $69,979 per Bitcoin.

    ▌Whale James Wynn's Bitcoin Long Position Unrealized Loss Expands to, $7.5 ,5PEPositionon Loss at $280,000p According to on-chain data, whale James Wynn's 40Bitcoin long position unrealized loss has expanded to to $7.,5 million, with specific details:: value: $788,441,959.48;; entry price: $110,084.;ation107,580. 10x POSITION shows an unre,old loss of $280,000, with specific position value: $10,,007.14; entry price: $0.408;408; liquidation price: not not available.


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              Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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