Everything web3, crypto, defi, degen
When the market’s hot, having a plan is half the profit. That’s the mindset pro trader Dentoshi brought to our latest live session, hosted by Kraken’s VP Growth, Matt Howells-Barby. In front of thousands of live viewers, Dentoshi opened up her process for preparing to trade in bullish market conditions – from weekly reviews and…
In brief Biotech firm 180 Life Sciences is rebranding to ETHZilla and starting an Ethereum treasury. The firm is raising $425 million via a PIPE offering, and using proceeds to buy ETH. Shares are down more than 99% all-time, but finished the day up more than 10%. Publicly traded biotech company 180 Life Sciences is…
In brief Ethereum treasury companies have acquired 1% of all ETH in circulation in just two months, with holdings worth nearly $9 billion approaching 2% of total supply. Standard Chartered’s Geoff Kendrick predicts ETH treasury holdings could grow 10-fold to eventually own 10% of all ETH, potentially pushing prices above $4,000. Leading treasury companies include…
In brief Ethereum topped $3,900, its first time above that level since December, before retreating. Bernstein analysts said that Ethereum treasuries would have to weigh liquidity risks. The ETH treasuries have followed a general model pioneered by Bitcoin pioneers like Strategy. Ethereum treasuries are treating the asset differently than their Bitcoin-focused counterparts, generating staking rewards…
In brief Shares of CEA Industries (VAPE) are up more than 700% after it announced it will start a BNB treasury. The firm is raising $500 million via a PIPE, with the potential for $1.25 billion in funds for BNB purchases. BNB, the cryptocurrency launched by Binance, set a new all-time high price earlier Monday.…
Here’s some more information about the tokens: Virtuals Protocol (VIRTUALS) is a digital asset based on blockchain technology.which enables decentralized peer-to-peer transactions . Trading with Virtuals Protocol can offer portfolio diversification opportunities, potential profits from market movements, and exposure to one of the most active areas of global finance. Fetch.ai (FET) is building a decentralized…
In brief GameSquare borrowed stablecoins against a recently acquired CryptoPunk. The rare CryptoPunks NFT was purchased from Compound founder Robert Leshner for $5.15 million worth of preferred shares. GameSquare owned 12,900 ETH, as of Thursday worth $48 million. GameSquare, a digital media company with an Ethereum treasury strategy, said Thursday that it acquired a rare…
We’re excited to announce plans to introduce the $INK token and Ink Layer 2 into our existing product suite, unlocking a new wave of use cases powered by onchain protocols and infrastructure. We aim to deliver seamless onchain experiences and new opportunities for our global client base. $INK will be issued by a subsidiary of…
In brief Telegram’s native crypto wallet app is rolling out to users in the United States. The TON Wallet allows users to buy, sell, and send crypto directly in the Telegram messaging app. TON Wallet is developed by The Open Platform, the TON ecosystem’s first company with unicorn status. Telegram’s native crypto wallet is beginning…
In brief A Dogecoin network upgrade proposal could see zero-knowledge proofs and zk-rollups introduced to the meme coin blockchain. One of the proposal’s authors said that it would mark a “massive shift” in the blockchain’s capabilities. It would unlock the potential to create scalable games, apps, and protocols on the Dogecoin network. Developers have proposed…
