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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 01:36
    USV transferred 1.156 million UNI to CEX again 4 hours ago
    According to ember monitoring, Union Square Ventures (USV) transferred 1.156 million UNI to CEX again 4 hours ago, worth about $17.34 million. Since December 6th, USV has cumulatively transferred 2.933 million UNI (worth about $46.11 million) to CEX at an average transfer price of $15.72 per unit. Currently, the USV address still holds 10.943 million UNI, valued at approximately $160.75 million dollars.These UNIs were obtained by USV through investment in 2020.
  • 01:34
    Marathon Digital has accumulated an additional 1627 BTC in the past 8 hours, worth approximately $166 million
    According to on-chain data monitored by Lookonchain, Marathon Digital (@MARAHoldings) has accumulated an additional 1627 BTC in the past 8 hours, worth approximately $166 million.
  • 01:30
    MicroStrategy plans to turn to fixed income securities to raise funds for buying Bitcoin
    MicroStrategy co-founder and chairman Michael Saylor said that once the current fundraising plan is exhausted, the company will shift from a leveraged Bitcoin proxy scheme to focus more on fixed-income securities to raise funds for purchasing cryptocurrencies. He stated that the company uses regulated exchanges like Coinbase to buy Bitcoin. MicroStrategy's stock price has risen about 500% this year, far exceeding Bitcoin's increase of approximately 150%. Hedge funds have been looking for its fixed-income securities to implement convertible arbitrage strategies - buying bonds and shorting stocks, essentially betting on the volatility of the target stock. This demand drove MicroStrategy to issue $6.2 billion worth of convertible bonds this year.
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