Digest: Whales Accumulate, Upcoming LTC Halving, New Metaverse, Retirees Sell NFTs, Top Chinese Banks Enter Market

 

Significant stablecoin holders are once again actively buying cryptocurrencies. This trend has garnered attention, particularly considering past events when accumulation preceded Bitcoin's surge to nearly $32,000.

The upcoming Litecoin halving, scheduled for this Wednesday, has triggered aggressive coin accumulation among wallet addresses with balances exceeding $10,000. Previous halvings have shown potential price growth following reward reductions.

 


In August, the highly anticipated beta launch of the Metaverse by Meta Force will take place. Lado Okhotnikov commented on the upcoming event, saying, "This is a great opportunity to get involved in a new project that promises to be grand. Early participants will receive virtual parcels, including homes, mines, and factories. However, the offering is planned to be somewhat limited, so it's worth hurrying to be among the fortunate few."

99-year-old artist Vera Molnar sold 500 digital artworks for a total of $1.2 million in the form of NFTs. Her pieces attracted attention from collectors and art enthusiasts worldwide.

Major global banks, including ICBC, Bank of America, China Construction Bank, Agricultural Bank of China, and Bank of China, are supporting cryptocurrency trading through CEX exchanges. This development confirms the banking industry's growing interest in blockchain. Regulated crypto exchanges are becoming platforms where legal trading can take place, ensuring transaction transparency and protecting customer interests.

 

#Cryptocurrency #Stablecoins #MarketTrends #Bitcoin #BTC #CryptoMarket #CryptoNews #Altcoins #Metaverse #MetaForce

 

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