Jason Calacanis: Tether will sell its 87000 Bitcoin holdings

[Wintermute Founder Denies Shorting MON and Confirms Going Long] In response to accusations from Monad ecosystem developers that Wintermute, as a market maker, was shorting MON, Wintermute founder Evgeny Gaevoy refuted the claims, stating, 'Do not make unsubstantiated statements.' Subsequently, when asked by community members whether they were going long, Evgeny replied, 'In fact, yes.'

[Whale Opens $20 Million HYPE Long Position with 5x Leverage, Liquidation Price at $22.72] According to monitoring by Lookonchain, address 0xBd8c has opened a 5x leveraged long position on HYPE in the past 15 hours, with a position size of approximately $20 million, totaling 638,441.54 HYPE. Additionally, the address has placed limit buy orders in the $29.5 to $30.399 range, planning to accumulate an additional 200,000 HYPE, worth approximately $6 million. The current liquidation price for this position is $22.72.

BBX News: Last week, global listed companies continued to deepen their encryption configurations: ETH Treasury Expansion: BitMine (NYSE: BMNR) Increased its holdings of 69822 ETH, bringing its total holdings to 3.63 million, consolidating its position as the world's largest ETH enterprise treasury BTC strategy diversification: Metaplanet (TSE: 3350) secured a $130 million loan with 30000 BTC as collateral; DDC Enterprise (NYSE: DDC) adds 100 BTC on dips Global Collaborative Promotion: Bitplanet from South Korea, Capital B from France, Value Creation from Japan, and others continue to increase their holdings, and New Fire Technology has been approved for a $5 million increase plan Institutional encryption configuration has evolved from simply holding coins to advanced treasury management such as secured financing. Source: bbx.com

[Multicoin Co-Founder Suggests 100% Token Unlock on Day One for Price Discovery] Multicoin co-founder Kyle Samani stated on the X platform that unlocking 100% of tokens on the first day is the only way to achieve effective price discovery. He mentioned that the team closest to this approach was Solana, which conducted a large-scale unlock in the 9th month. Kyle Samani also proposed an alternative approach, where the team’s tokens remain locked while investors’ tokens are not, arguing that investors have already committed their funds, while the team must continue fulfilling their responsibilities. He suggested implementing a price- or time-triggered unlock mechanism to make this model more acceptable to teams.

[David Sacks Accuses The New York Times of Publishing False Reports and Hires Lawyers to Respond] David Sacks, the White House cryptocurrency and artificial intelligence director, tweeted that The New York Times sent five reporters five months ago attempting to fabricate a report alleging conflicts of interest during his tenure. The accusations include fabricating a dinner meeting with tech giant CEOs, inventing promises of access to the president, and baselessly accusing interference in defense contracts. Sacks stated that he has refuted the allegations point by point and accused The New York Times of having no intention of writing an impartial report. He has hired the law firm Clare Locke to handle the matter.