
In a series of significant cryptocurrency developments, Donald Trump reportedly profited $57 million from cryptocurrency sales. In Italy, Intesa is exploring the potentials of bitcoin with a one million Euro investment, while ARK Invest acquired US$26.6 million in Coinbase shares. Pocketcoin (PKOIN), a social coin that boasts a 1.6 million active audience, is gaining ground in a declining market.
However, small traders lost money trading Trump's meme coin which made approximately $100 million in trading fees. Coinbase users were the target of suspected phishing scams estimated to be worth $46 million. Amid this, some meme coins are on the rise, with Arctic Pablo gaining popularity after a $2.69 million pre-sale.
Crypto trading has seen governments move over $100 million in crypto. Meanwhile, the price of the Enzyme Crypto, MLN, shot up by 52% in July. Despite the positive notes, pump and dump gangs continue to thrive in the cryptocurrency market.
Cyber attacks also posed a significant risk as Coinbase suffered a cyber attack that may cost up to $400 million. In the wake of these activities, countries like Japan have reported significant losses with DMM Bitcoin reporting the loss of over $300 million worth of cryptocurrency. The construction of a next-gen stablecoin network is also on the horizon with WSPN raising $30 million.
Enthusiasts of the crypto scene have seen wealthy foreigners descending on President Trump's golf club for a meme coin dinner worth $148 million. Amid all these, the jury is out on the price direction of the MLN coin.
MLN Coin News Analytics from Tue, 02 Jul 2013 07:00:00 GMT to Wed, 18 Jun 2025 16:02:48 GMT - Rating 0 - Innovation -4 - Information -4 - Rumor 4