#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
After Moody's downgraded the US credit rating, ETH, XRP, and DOGE fell by about 3%.
Odaily News Moody's has downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing an expanding deficit, rising interest expenses, and a lack of political will to control spending. As a result, major crypto assets prices have fallen, with Ethereum (ETH), XRP, and DOGE all dropping by about 3%. As of now, ETH is at $2,494.35, DOGE is at $0.2175, and XRP is at $2.38. According to reports, this downgrade in ratings has triggered risk-averse sentiment in the market, leading to a rise in U.S. Treasury yields and a decline in S&P 500 futures, affecting both traditional and crypto markets. Moody's has also become the third major rating agency to downgrade the U.S. rating, following Standard & Poor's (2011) and Fitch (2023). (CoinDesk)