Everything web3, crypto, defi, degen
In brief Myriad has expanded its prediction markets to Ethereum layer-2 network, Linea. Top markets this week include predictions on SharpLink Gaming’s ETH holdings and Solana tokens PENGU, Fartcoin, and PUMP. Predictors think PENGU will eclipse a $2.5 billion market cap by the end of July, and Fartcoin will outpace PUMP into August. What do…
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 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…
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 BitMine Immersion shares have soared about 800% over the past month. The firm, which previously focused on Bitcoin mining, added $500 million of Ethereum last week. Investment management giant ARK Invest purchased more than 4.7 million shares of the BMNR on Monday. BitMine Immersion shares were up slightly in Tuesday trading, a day…
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 The Ether Machine is debuting on the Nasdaq with a $1.5 billion stash of Ethereum. The company plans to leverage staking and decentralized finance. At 400,000 Ethereum, the company’s holdings would be the largest among entities that have joined a so-called Strategic Ethereum Reserve. Another firm dedicated to generating Ethereum is making its…
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,…
In brief MicroStrategy’s $70 billion Bitcoin holdings are spread across 9 potential custodians including Coinbase, BitGo, and Fidelity, but the exact distribution remains confidential under SEC Rule 83. Coinbase and MicroStrategy set stock records this week as crypto markets surge, though MicroStrategy has since pulled back while Coinbase keeps rising. Multiple companies launched or grew…
CRYPTO MARKET CAP TOPS $4T, XRP HITS ATH, ETH TREASURIES HEAT-UPXRP hits ATH, ETH nears $4k. BlackRock files to add staking to ETH ETF. Crypto market cap hits $4T for the first time. Trump to sign EO allowing crypto in 401k. Trump backs crypto tax exemptions: WH. Sharplink buys $115m ETH, to raise $6b to…
