Bitmine increased its holdings of 52203 ETH last week, and currently holds 5672956 ETH with a floating loss of $9.5 billion

According to Crypto in America, the cryptocurrency industry is accelerating progress on the Clarity Act, with the goal of pushing the bill into the Senate for a vote after Congress adjourns. The Crypto Political Action Committee has increased its support for pro crypto candidates, with Fairshake's Protect Progress investing approximately $5.5 million in Adrian Boafo, $1.5 million in Ritchie Torres, and $12 million to help Barry Moore win. The Blockchain Leadership Fund is involved in supporting Adrian Boafo. The Digital Chamber will hold lobbying activities on Capitol Hill to promote the Clarity Act and the legislation of crypto tax rules.

Meta plans to invest approximately $900 million in Cred, an Indian fintech company, to acquire a 20% stake, with a post investment valuation of approximately $4.5 billion. Cred founder Kunal Shah will replace Will Cathcart as the head of WhatsApp, and Will Cathcart will be transferred to a new AI related position within Meta.

Franklin Templeton has completed the acquisition of 250 Digital and established Franklin Crypto, a cryptocurrency asset management department that provides proactive management strategies for institutional investors and builds an institutional level digital asset management platform.

According to the NEAR blog, Near One has announced a protocol upgrade called SPICE, which decouples consensus and execution, reducing block time from 600 milliseconds to 200 milliseconds.

On chain analyst Yu Jin's monitoring shows that in 2020, a certain address bought 103 trillion SHIBs worth $13700 with 37.8 ETH. This address has sold 3.8 trillion SHIBs worth 20.73 million US dollars in the past month. The address holds 103 trillion SHIBs worth $9.1 billion at the 2021 price peak, and currently still holds 96.27 trillion SHIBs worth $457 million.