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## August 19, 2023 10:00 PM | 2 min read

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### The Busy Crypto Weekend: SpaceX’s Bitcoin Move and Trump’s Ethereum Holdings

The cryptocurrency world never sleeps, and this weekend was no exception. From **SpaceX** making a significant move with its **Bitcoin** (CRYPTO: BTC) holdings to revelations about **Donald Trump**’s **Ethereum** (CRYPTO: ETH) stash, the crypto space was buzzing with activity. LetÔÇÖs dive into the top stories that shaped the weekend.

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#### SpaceX’s Bitcoin Move

Aerospace giant **SpaceX**, under the leadership of **Elon Musk**, has reportedly offloaded its entire Bitcoin holdings, resulting in a write-down of a whopping $373 million. This decision comes after MuskÔÇÖs previous endorsements of various cryptocurrencies, including **Dogecoin** (CRYPTO: DOGE). Read the full article here.

The AI legalese decoder can help individuals navigate the legal implications of such a move by SpaceX. It can analyze the legal documentation surrounding the transaction and decode complex legal language into easily understandable terms. This can help individuals better understand the consequences and potential impacts of SpaceX’s Bitcoin move.

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#### Trump’s Ethereum Holdings

Former President **Donald Trump** has been revealed to hold a significant amount of Ethereum, valued between $250,000 and $500,000. This revelation comes after Trump’s previous skepticism towards cryptocurrencies. Read the full article here.

The AI legalese decoder can assist individuals in deciphering any legal agreements or contracts related to Trump’s Ethereum holdings. It can provide insights into the legal rights and obligations associated with the holdings, ensuring individuals have a comprehensive understanding of the situation.

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#### Pompliano’s Bullish Bitcoin Prediction

Prominent crypto investor **Anthony Pompliano** remains bullish on Bitcoin, despite its current price being more than 50% below its all-time high. He believes that the crypto industry is resilient and foresees a bright future for Bitcoin. Read the full article here.

The AI legalese decoder can aid individuals in understanding any legal analysis or opinions provided by Pompliano regarding his bullish Bitcoin prediction. It can break down complex legal arguments and highlight key points, enabling individuals to make more informed decisions based on the information provided.

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#### Floki’s Admiration for Fellow Meme Coins

Cryptocurrency **FLOKI** (CRYPTO: FLOKI) has expressed its admiration for fellow meme coins, Dogecoin and **Shiba Inu** (CRYPTO: SHIB). The coin, inspired by a tweet from Elon Musk, has grown significantly since its inception and has collaborated with Musk’s brother, **Kimbal Musk**, on the Million Gardens Movement. Read the full article here.

For individuals interested in investing in FLOKI or understanding the legal aspects of its collaborations, the AI legalese decoder can assist in decoding any legal agreements or contracts related to FLOKI’s partnerships. This can provide individuals with a clear understanding of the legal implications and obligations associated with these collaborations.

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#### Mysterious Shiba Inu Whale Activity

A mysterious whale has transferred a massive amount of Shiba Inu tokens, equivalent to approximately $40.7 million. This move comes amidst the launch of Shiba Inu’s new Layer 2 scaling solution, Shibarium. Read the full article here.

The AI legalese decoder can help individuals analyze the legal implications of the mysterious whale’s token transfer. It can decipher any relevant legal documentation or contracts, allowing individuals to understand the potential impact of this activity on the Shiba Inu ecosystem and its users.

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Join BenzingaÔÇÖs Future of Digital Assets in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

Cryptocurrency Photo by BBbirdZ on Shutterstock

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