Everything web3, crypto, defi, degen
ALTS HEAD LOWER, GOLDMAN SACHS TO TOKENISE FUNDS, TRUMP VISITS FEDBTC dominance rises, XRP leads major altcoins lower. ETH ETFs see daily inflows for 2 weeks in a row. GS, BNY Mellon to launch tokenised funds. US crypto report coming on July 30. Whales pulled $1.7b ETH from Aave over last week. MARA raises $850m…
In brief Bitcoin was up 1.1% in Thursday trading, even as major altcoins like XRP, Solana, and Dogecoin were in negative territory. BTC volatility dropped to 1.49%, with experts noting this decreased volatility indicates BTC is maturing into an institutional-grade asset. Marathon Digital upsized its latest offering to $950 million to purchase Bitcoin and expand…
In brief Block on Wednesday joined the coveted S&P 500. Its payments company, Square, started rolling out a Bitcoin accepted feature. Owen Jennings, said on Tuesday that Block’s point-of-sale payment company, Square, was onboarding customers for “the new native Bitcoin acceptance experience.” Jack Dorsey’s Block (XYZ) has started adding the first customers for its Bitcoin…
In brief The price of Bitcoin has pulled back to $117K after failing to break resistance above $121,000. XRP is down bad, falling 8.37% in the last 24 hours. But fear not crypto bulls. Technical data suggests a very normal correction at play rather than a trend reversal. Bitcoin and the rest of the crypto…
In brief MEI Pharma is establishing a litecoin treasury after closing a $100 million private placement. The pharmaceutical company is adding Litecoin Foundation founder Charlie Lee to its board of directors. Litecoin was trading at $113.35, down more than 4% over the past 24 hours. MEI Pharma, a publicly traded pharmaceutical company, closed a $100…
In brief American Bitcoin miner MARA is raising more money to buy BTC for its treasury. Nasdaq-listed MARA will raise $850 million via a private sale of senior convertible notes. The company has a strategy of not selling its crypto holdings. Top Bitcoin miner MARA, formerly known as Marathon Digital, is planning to raise $850…
In brief After pulling in $2.5 billion over the first 10 months since launch, Ethereum ETFs have attracted $5 billion since mid-May alone, signaling accelerating institutional demand. Analysts note that price momentum is lagging behind institutional inflows. While the long-term outlook remains bullish due to institutional adoption, one analyst is positioning for a potential short-term…
PENGU & REKT ALL TIME HIGHS, HUGE ETH ETF INFLOWS, BNB OUTPERFORMS MARKETCrypto majors slightly red with BNB outperforming and hitting new ATH. ETH ETFs see 3rd biggest day of inflows while BTC sees net outflows. Coinbase partners with PNC for Crypto-as-a-Service model. Goldman and BNY to offer tokenized money market accounts. PENGU and REKT…
In brief Kitabo Co., a century-old Japanese textile firm, plans to buy Bitcoin worth ¥800 million (approx. $5.4 million). The move aligns with a broader trend in Asia, where traditional firms like Metaplanet are adopting Bitcoin to hedge against monetary debasement. Kitabo will acquire the digital asset via dollar-cost averaging and may lend holdings to…
In brief DigitalX purchased 74.7 BTC for $8.8 million at an average price of $117,293. It now holds nearly 500 BTC across direct and ETF holdings. A growing number of firms are also adding Bitcoin to their balance sheets. DigitalX has ramped up its Bitcoin holdings with the acquisition of 74.7 BTC, worth approximately US$8.8…
