Elon Musk Accused of Dogecoin Insider Trading Drama
Hello, Crypto Family!
Welcome Back to Daily News!
🌍 Today’s Cryptocurrency price update : 📈 Global market cap rises to $1.14 trillion! 💰💪
💰 Bitcoin (BTC) remains below $27,000 mark, while Ethereum (ETH) holds steady around $1,800 range.
📉 Some altcoins like Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) experience mixed dips and gains.
🚀 The Injective (INJ) token steals the show as the top gainer, soaring over 8% in the last 24 hours. On the other hand, XDC takes the spotlight as the biggest loser, dropping over 5%.
💪 Overall, the global crypto market cap shows a positive 24-hour gain of 0.84% and stands at $1.14 trillion. Let’s keep an eye on the exciting crypto trends! 📈💰💥
Latest News
Binance Boosts Ethereum’s Speed and Cost Efficiency
🔗 Binance has integrated Tether (USDT) on the Arbitrum One and Optimism networks.
💰 Deposits for Tether (USDT) are now open on both networks.
⏳ Binance will open withdrawals for Tether (USDT) on these networks once enough deposits are made.
📧 No additional announcement will be made regarding the withdrawal opening.
US Congress Makes History: Avoids Default and Approves Debt-Limit Suspension
📜 The U.S. Senate passed bipartisan legislation, supported by President Joe Biden, to raise the $31.4 trillion debt ceiling and prevent a historic default.
⏰ The bill was approved by a 63–36 vote in the Senate, following its passage in the House of Representatives the previous day.
💰 The Treasury Department had warned of potential inability to pay bills on June 5 if Congress did not act in time.
👍 President Biden commended the timely action, describing the agreement as a victory for the economy and the American people. Senate Republicans indicated their focus on future budget battles. Treasury Secretary Janet Yellen emphasized the importance of upholding the full faith and credit of the United States.
Dogecoin Investors Accuse Billionaire Elon Musk of Insider Trading
👉 Dogecoin investors file a class action lawsuit accusing Elon Musk of insider trading.
📉 Musk allegedly manipulated Dogecoin’s price through tweets, media appearances, and logo changes.
💰 Investors claim Musk’s actions led to significant losses and personal gains.
🐦 Lawsuit is part of an ongoing legal battle against Musk and Tesla.
Ripple’s Potential Triumph: 3 Factors in SEC Lawsuit
🔍 Recent developments and statements suggest a positive outcome for Ripple in the SEC lawsuit.
💰 Ripple’s announcement of $1 billion cash reserves contradicts expectations of a massive fine.
📈 Growing confidence is reflected in the surge of new addresses related to Ripple.
⚖️ Legal experts anticipate a positive outcome, arguing that XRP should not be classified as a security.
Litecoin (LTC) Soars 5% Pre-Halving Amidst Surge in Address Activity
📈 Litecoin (LTC) price jumps 5% as on-chain volumes surge before halving.
⛓️ On-chain transaction volumes and whale activity on the Litecoin blockchain reach new highs.
🐋 Whale activity expected to remain high as the halving event approaches.
📉 After the halving, the block reward for LTC miners will be reduced to 6.25 LTC.
OpenAI CTO’s Twitter Hacked: ‘Scam’ Crypto Airdrop Shilled
🔓 OpenAI CTO Mira Murati’s Twitter account hacked to promote a fraudulent crypto airdrop.
💻 Tweet with phishing link promised free ERC-20 token named OPENAI.
🙅 Replies to the tweet restricted, preventing warnings about the scam.
🎭 Phishing website mimicked legit project ChainGPT, tricking visitors to transfer assets.
