Everything web3, crypto, defi, degen
In brief BlackRock’s Ethereum ETF (ETHA) became the third-fastest ETF to reach $10 billion in assets, achieving the milestone in 251 days despite initial lukewarm reception compared to Bitcoin ETFs. MicroStrategy is raising up to $2.5 billion through a new preferred stock offering to buy more Bitcoin while facing class-action lawsuits over previous stock offering…
In brief Nasdaq-listed Windtree Therapeutics has said it will buy up to $700 million in BNB. The company is following software firm Strategy’s gameplan of buying digital assets. A number of publicly traded companies are now buying crypto—and not just Bitcoin—to boost their stock prices. Another day, another crypto treasury. Biotech firm Windtree Therapeutics said…
In brief Galaxy CEO Mike Novogratz said that Ethereum could do better than Bitcoin over the next three to six months. Institutions buying the second-biggest cryptocurrency will help propel its rise, he said. ETH remains well below its all-time high mark from 2021, while Bitcoin just recently hit another fresh peak. Crypto entrepreneur and billionaire…
In brief Ethereum has significantly outpaced Bitcoin in recent months, with a 67% gain against Bitcoin’s 18% in the last month alone. The gap between Ethereum and Bitcoin ETF inflows is converging, dropping from 45 times to just 1.6 in the past four months. Analysts anticipate Ethereum soaring past $8,000, driven by institutional adoption, regulatory…
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…
In brief SharpLink Gaming now holds 360,807 ETH worth over $1.3 billion. The company added nearly 80,000 Ethereum last week. ETH hit a 2025 high on Monday above $3,800 before retreating. Ethereum treasury firm SharpLink Gaming brought its total ETH holdings to over 360,000, the company announced in Tuesday in a weekly progress report. Those assets…
In brief Software firm Strategy has a new financial product called Stretch (STRC). STRC will be different in structure than previous STRK, STRF, and STRD offerings, the firm says. Strategy—formerly MicroStrategy—is doing everything it can to raise money to buy more Bitcoin. Bitcoin treasury firm Strategy has announced yet another new stock product to help…
In brief The price of ETH hit a new 2025 high on Monday, now up 26% over the last week. The surge comes as companies adopt Ethereum treasuries and investors throw cash at ETH ETFs in the United States. ETH, the second-largest cryptocurrency, still has to climb by over 20% to set a new all-time…
In brief Bitcoin treasury company Strategy spent nearly $740 million on bitcoin purchases. The Tysons Corner, Virginia-based company now holds 607,770 digital coins—worth over $72 billion. Bitcoin was recently trading just below $119,000. Strategy, the world’s largest corporate holder of Bitcoin, announced Monday that it bought 6,220 Bitcoin worth $739.8 million. The Nasdaq traded company now…
In brief SharpLink Gaming shares fell more than 20% on Friday. The decline came a day after the company submitted a regulatory filing to increase its stock sales target by $5 billion. The company purchased $48 million worth of ETH on Monday and $225 million on Tuesday. SharpLink Gaming shares closed down 20% on Friday,…
