Everything web3, crypto, defi, degen
In brief Healthy beverage company Safety Shot Inc. is pivoting to become a crypto treasury firm, receiving $25 million in BONK on Monday. Pseudonymous core contributor Nom is set to join the Safety Shot team in a strategic position, and says it is targeting up to 5% of the meme coin’s total supply. At current…
In brief Pump.fun has regained popularity on Solana at LetsBonk’s expense, and its token is surging again. Meme coin traders have flocked to competitors in recent weeks. Pump.fun unveiled the Glass Full Foundation last week, which helps support tokens with liquidity. Pump.fun’s token surged on Monday as the meme coin launchpad clawed back market share…
In brief Strategy—formerly MicroStrategy—first bought Bitcoin five years ago today. The company now holds 628,946 BTC worth over $75.5 billion. Strategy’s latest buy was relatively small: Last week it only spent $18 million on Bitcoin. Bitcoin treasury company Strategy announced another crypto buy on Monday, bringing the behemoth’s total holdings to 628,946 BTC—or over $75.5…
In brief Zora token surged 43% in 24 hours, gaining 129% weekly and 1,566% monthly following strong platform adoption. The Ethereum Layer-2 platform rewards creators for content sharing and was added to Base App in July for easier access. Recent surge driven by spike in coin creation activity (47,000 new tokens Sunday) and new Binance…
In brief Vitalik Buterin, the co-founder of Ethereum, is a billionaire following ETH’s 20% weekly rise. Wallets connected to Buterin hold $1.045 billion worth of assets, mostly Ethereum. ETH’s recent surge has seen it pass several traditional companies in market capitalization, including defence contractor Palantir. Ethereum co-founder Vitalik Buterin is an “on-chain billionaire” again, as…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
In brief Ethereum ETFs led digital asset funds with $268 million in weekly inflows, narrowly outpacing Bitcoin’s $260 million despite early-week volatility, according to CoinShares. The turnaround came after $1 billion in combined outflows early in the week, triggered by weak U.S. payroll data, before a $1.57 billion surge following 401(k) crypto approval. Ethereum’s year-to-date…
In brief Ethereum’s recent surge, driven by institutional ETF inflows, has sparked increased market confidence in potential altcoin season. Top altcoins like Solana, Dogecoin, XRP and meme coins are likely to see an increased speculative activity. Analysts believe this phase could last until November Ethereum-betas could catch a headwind due to the cautiously optimistic due…
In brief Apple co-founder Steve Wozniak says YouTube ignored multiple takedown requests after his likeness was used in a bitcoin scam. Wozniak’s warning comes amid a rise in AI-powered deepfake fraud targeting tech leaders. Last week, a UK MP called for YouTube ads to face the same regulation as TV and radio advertising. Apple co-founder…
In brief A weaker U.S. dollar and firmer expectations of a near-term Federal Reserve cut are supporting risk assets. Recent U.S. guidance on liquid staking and stablecoins, together with directives opening retirement plans to crypto and curbing de-banking, reduces regulatory overhangs. ETF sponsorship and growing corporate treasuries continue to add demand while coins migrate off…
