Founder of Huobi Raises $1 Billion for Ether Trust Initiative
Li Lin, the founder of the Huobi cryptocurrency exchange, is set to reveal a new Ether-focused trust backed by significant supporters.
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Li Lin, the founder of the Huobi cryptocurrency exchange, is set to reveal a new Ether-focused trust backed by significant supporters.
The Huobi founder is set to unveil a new investment trust focused on Ether, bolstered by prominent backing.
Li Lin, founder of Huobi, has raised substantial funds to invest in Ether, preparing to launch a trust in collaboration with key industry partners.
Li Lin plans to unveil an Ether trust strategy, having raised significant capital from various partners to support the initiative.
A recent study shows that institutional traders are now responsible for 80% of the total trading volume on Bitget as exchanges vie for professional clientele.
Nansen, a blockchain data provider, is set to expand its capabilities by offering analytics services for Bitlayer, a Bitcoin layer 2 solution.
Decentralized exchange dYdX anticipates launching spot trading for cryptocurrencies in the US market by the end of 2025.
Solana's price outlook strengthens with increases in total value locked, decentralized exchange activity, institutional interest, and expectations for spot ETF approvals.
Concerns arise over overcrowding and crackdowns during the Solana event in China, leading to early cancellation.
Ether recently faced a price drop to $3,000, which many analysts interpreted as a buy-the-dip scenario. Examining market indicators suggests a recovery is likely.
An old Bitcoin wallet, active since 2009, has begun transferring its massive holdings after remaining inactive for over a decade.
Michael Saylor's company increases its Bitcoin acquisition by purchasing 487 coins, raising the total to over $67 billion in holdings.
Tron's active wallet count has significantly increased, reflecting a surge in retail interest and stablecoin transactions on the blockchain.
BNB Chain has seen unprecedented user activity, with transaction counts surging dramatically, surpassing half a billion in the past month.

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