Altcoin News Daily Official TheBitTimes.com

Justin Sun may finally be able to journey into space four years after he paid $28 million for a ticket, after the Securities and Exchange Commission (SEC) paused its lawsuit against him. Sun has avoided the US for years after the SEC accused him of washtrading and selling unregistered securities in 2023. The fear of arrest reportedly spooked him from returning to the country, even causing him to miss Donald Trump’s inauguration.   Fortunately for Sun, however, his SEC case has been “stayed” after he made numerous multi-million dollar investments into Trump’s crypto ventures.  This means that, as things stand, the controversial crypto billionaire is off to space later this year as part of Jeff Bezos’ ozone-depleting spaceflight program, Blue Origin. He teased the flight in an X post made in May, writing, “Hello @BlueOrigin Big things coming? I’m excited!” Meet the New Shepard NS-34 crew: Arvi Bahal, Gökhan Erdem, Deborah Martorell, Lionel Pitchford, J.D. Russe...

Billionaire Tron (TRX) founder Justin Sun is going to attend an exclusive crypto dinner with Donald Trump after claiming he’s the top holder of the President’s memecoin. In a new thread on the social media platform X, Sun says he’s excited to join Trump for this special dinner, an event he announced last month for the top 220 holders of Official Trump (TRUMP). “Honored to support POTUS and grateful for the invitation from GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan! As the top holder of TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.” The Official Trump website lists a user named ‘Sun’ as the largest holder of TRUMP, coming in at 1.4 million tokens worth about $20 million. News of Sun’s attendance drew a response from Democrat Senator Elizabeth Warren of Massachusetts, who notes that Sun – an investor in Trump’s decentralize...

First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun.  In the statement, First Digital claims that “every FDUSD is securely backed 1:1 by cash and cash equivalents” and adds that the firm “remains fully solvent.” Additionally, First Digital denies “any and all claims of FDT being involved in a coordinated scheme or misappropriation of funds.” First Digital stands firm: Justin Sun’s baseless accusations won’t distract from Techteryx’s own failures— our stablecoin FDUSD remains fully backed and solvent. Read our official statement. pic.twitter.com/FndxX1mCCg — First Digital (@FirstDigitalHQ) April 3, 2025 First Digital is responding to Sun and Techteryx’s (the firm behind TrueUSD) claims that First Digital had misappropriated the vast majority of TrueUSD reserves .   This portion of the reserves, currently totaling over $500 mi...

The cryptocurrency industry witnessed a major shift in trend. Several assets recorded a massive rise. Amidst this, Ethereum (ETH) also saw an uptick. Despite failing to hit the $3,000 mark, the world’s largest altcoin managed to rake in endorsements. Also Read: Expert Forecast: S&P 500 to Gain 11% by Mid-2025 How is Ethereum Faring At The Moment? ETH has been moving quite slowly throughout the year; the asset barely recorded a major rise in its price. But the asset was seen turning over a new chapter with Donald Trump’s latest victory. Ethereum witnessed a spike of 15% over the past seven days. The altcoin went from a low of $2,393 to a high of $3,000. ETH was trading at $2,914.77 at press time, following a 3.74% rise in the last 24 hours. Source Amidst this, the Tron blockchain network’s founder, Justin Sun, thinks there is still an opportunity for Ethereum to grow. Sun recently tweeted that he was optimistic about the health of the cryptocurrency industry, parti...

Justin Sun will be part of a new joint venture with BiT Global (a Bithumb company) and BitGo to operate Wrapped Bitcoin (WBTC) products. However, a close review of BiT Global’s corporate filings shows concerning connections to Sun’s empire. BitGo founder and CEO Mike Belshe took to the MakerDAO forums to defend the new joint venture, stating that Sun was “not in the management team of BiT Global nor does he have any key material access.” He also further encouraged people to “confirm that BiT Global is a licensed TCSP in Hong Kong.” BiT Global Trust Limited is a licensed TCSP in Hong Kong (license number TC009340) but a close review of corporate records suggests Sun may be deeply involved with the firm. Companies Registry – Company Particulars – BiT GlobalDownload The Hong Kong corporate registry lists two directors for this firm: Zhihong Liu and Yiying Jiang.  Yiying ‘Jennifer’ Jiang is also involved with other firms...

Tron founder Justin Sun withdraws over 500B SHIB tokens from Binance, sparking market speculation. Meme Moguls’ MGLS token presale gains momentum, capturing investors’ attention. Shiba Inu’s price surge aligns with Justin Sun’s move, creating a symbiotic connection. In a surprising move, Tron founder Justin Sun recently withdrew a colossal amount of Shiba Inu (SHIB) tokens from Binance, valued at about $5.2 million. This transaction has stirred speculation within the crypto community, coinciding with a notable surge in the SHIB price. Meanwhile, a new player in the meme coin space, Meme Moguls, is capturing investors’ attention through its ongoing MGLS token presale. Let’s delve into the details surrounding these developments. Justin Sun’s Shiba Inu withdrawal sparks speculation Tron founder Justin Sun ’s wallet executed two substantial transactions, withdrawing approximately 500 billion SHIB from Binance. ...