Everything web3, crypto, defi, degen
In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…
In brief Electric vehicle maker Volcon said that it has raised $500 million to fuel a Bitcoin treasury. The company’s stock soared by nearly 135% on Thursday following the announcement. It is one of dozens of companies investing in Bitcoin, perhaps seeking lift its sagging stock. Shares of electric vehicle maker Volcon soared nearly 135%…
In brief Ethereum ETFs added more than $726 million in net inflows on Wednesday, the best day in their trading history. The funds have generated inflows for nine consecutive days. The record came as Ethereum’s price hit its highest level since January. Ethereum exchange-traded funds generated more than $726 million in investments on Wednesday, the…
Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings.BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token.Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million…
Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin. The company stated in a current report on Form 6-K that accredited investors committed $400 million in Class A shares and $100 million in…
In brief Top markets on Myriad involve Ethereum’s all-time high, XRP’s surge, and the PUMP token airdrop. Predictors give a slight edge to ETH marking a new all-time high by year’s end. They also expect XRP to next hit $3.50 before $2.00, and that users will need to wait until after July for the PUMP…
In brief BitMine Immersion, which trades on the New York Stock Exchange, has bought even more Ethereum. The company is aiming to acquire and stake 5% of the ETH supply. BitMine’s stock has been volatile since it announced its ETH treasury strategy. Peter Thiel-backed BitMine Immersion now has over $1 billion worth of Ethereum after…
ETH SURGES ON INFLOWS, HOUSE ADVANCES CRYPTO BILLS, BASE REVAMPETH nears $3,500 on huge ETF inflows. Sharplink stock hits $35, completes ATM program. US House advances crypto bills. Coinbase renames wallet Base, integrates Farcaster. Unclear if US has sold 80% of BTC reserves. Bill to allow crypto collateral for mortgage launched. BofA & Citigroup to…
ETH + DOGE LEAD CRYPTO, PENGU UP BIG, ETH ETF INFLOWS CATCHING BTCETH, DOGE lead crypto majors higher. ETH ETF inflows now 50-90% BTC inflows. BTC inflows to exchanges hit $9.4bn after CPI. House fails to advance crypto bills, next vote today. 11 reps who voted against crypto acts will flip: Trump. DeFi leaders opposed…
CRYPTO BILLS STUCK, ETH LEADS MAJORS, PUMP STARTS BUYBACKSETH, DOGE lead crypto majors higher. ETH ETF inflows now 50-90% BTC inflows. BTC inflows to exchanges hit $9.4bn after CPI. House fails to advance crypto bills, next vote today. 11 reps who voted against crypto acts will flip: Trump. DeFi leaders opposed part of crypto bill.…
