
1. Tesla transferred its remaining value of about $770 million in Bitcoin reserves to multiple new addresses. 2. Bitcoin Cash margin futures remain open

Tesla transferred its approximately $770 million worth of Bitcoin reserves to a new address. The open interest of Bitcoin Cash margin futures reached a historical high of $25.5 billion. Standard Chartered Bank predicts that Bitcoin may return to its historical high before the US election. Arthur Hayes has significantly reduced his holdings in meme coins, while the Praxis project raised $525 million for building a crypto-friendly city. Bitnomial completed a $25 million financing round and launched a futures trading platform. The WLFI token, supported by the Trump family, quickly sold over 220 million tokens. The Hong Kong police cracked a fraud case using cryptocurrency investment as a cover, involving an amount of $360 million Hong Kong dollars
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