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Crypto News Today – June 21, 2024

Welcome to “Crypto News Today,” your daily summary of significant happenings in the Cannabis Industry.

MicroStrategy’s Major Bitcoin Acquisition 

MicroStrategy

Michael Saylor’s MicroStrategy (NASDAQ: MSTR) has acquired an additional 119,000 Bitcoin for a total of $786 million. This significant purchase reinforces the company’s bullish stance on the cryptocurrency market. Read all about it on the TDR Website!

Jump Crypto Under CFTC Investigation 

Jump Crypto is reportedly under investigation by the Commodity Futures Trading Commission (CFTC). The probe focuses on potential regulatory violations, but specific details have not yet been disclosed.

Tether Protest Campaign in the US 

A protest campaign against Tether has been launched in the US, alleging corruption and money laundering. The campaign aims to bring more regulatory scrutiny to the stablecoin issuer.

Solana Price Predicted to Fall 

An analyst has predicted that Solana’s price could drop by 40% to 80%. This forecast is based on technical analysis and market conditions affecting the cryptocurrency.

Pendle Token Price Surge 

The price of Pendle Token has surged following a significant investment by Arthur Hayes, who bought the dip. This move has sparked renewed interest and optimism in the token’s potential.

Mexican Cartels Use Crypto for Fentanyl Ingredients 

Mexican cartels are reportedly using Bitcoin, Ethereum, and USDT to purchase ingredients for fentanyl. This development highlights the ongoing issue of cryptocurrencies being used in illegal activities.

VanEck’s Spot Bitcoin ETF Live in Australia 

VanEck’s spot Bitcoin ETF has gone live on Australia’s largest stock exchange. This launch marks a significant milestone for cryptocurrency investment options in the country.

Read more crypto news on the TDR Website!

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