Everything web3, crypto, defi, degen
In brief Eric Trump said this week that he expects Bitcoin to reach a price of $1 million in the future. President Trump’s son highlighted the major demand and limited supply for the top crypto asset. He told listeners that buying now will age terrifically in the next five years. Eric Trump thinks Bitcoin reaching…
In brief 21Shares filed with the SEC for the first SEI ETF tracking the Sei blockchain token with potential staking rewards for additional yield. The application joins a set of altcoin ETF filings as fund managers target smaller digital assets beyond Bitcoin and Ethereum. Canary Capital filed a similar SEI ETF application in May. Asset…
In brief Ethereum has gained 17% over the past month while Bitcoin slipped 5.5%. ETH ETFs have attracted $1.2 billion in inflows after mid-August outflows. Solana advanced 7% over the same period with a sharp rise in DEX trading volumes, though remains under pressure from a sliding DEX trader count. Ethereum’s ability to draw institutional…
In brief Trump Media announces $6.4B CRO treasury partnership with Crypto.com, sending CRO up 160% in two days to 3-year highs Bitcoin rises 1.5% to nearly $113,000 while Solana leads majors with 4% gains and DeFi TVL reclaims January ATH of $11.76B ETH ETFs see $307M inflows and meme coins remain stable with PUMP jumping…
In brief Standard Chartered projects ETH could reach $7,500 by end of year and $25,000 by 2028 based on current adoption trends ETH ETFs have accumulated over $8B since July with major corporate buyers like BitMine and SharpLink stacking aggressively Ethereum’s yield advantages through staking and DeFi utility make it potentially stronger than Bitcoin as…
In brief Pantera may launch “Solana Co.” to hold Solana tokens as a corporate treasury asset. The effort would begin with a $500 million raise, followed by $750 million in warrants. A single entity could end up holding more Solana than all current public treasuries combined. Pantera Capital is reportedly seeking to raise up to…
In brief Ethereum treasury company ETHZilla has announced a $250 million stock buyback program. The firm’s stock is down by more than 50% over the last week, evaporating most of its recent gains. Ethereum recently hit a new all-time high price, breaking a record that stood since 2021. ETHZilla Corporation—a publicly traded Ethereum treasury firm…
In brief Three major crypto firms are said to be raising $1 billion for a Solana treasury fund. Solana is down 5% today, reeling from the weekend crypto market crash. Futures data shows bullish positions among speculative traders. Three of the crypto industry’s most influential firms—Galaxy Digital, Jump Crypto, and Multicoin Capital—are in talks to…
In brief VanEck filed on Friday a proposal for an exchange-traded fund tracking the price of JitoSOL. The U.S. SEC earlier this month determined that liquid-staking tokens are not securities, clearing a path to putting them in ETF wrappers. The filing comes as investor demand for staked crypto ETFs increases. VanEck submitted an application to…
In brief Fed Chair Jerome Powell went much more dovish than expected at Jackson Hole, sending stocks up 2% and crypto markets higher. Altcoins are outpacing Bitcoin, with Dogecoin and Solana showing increasingly bullish signs. But today, all eyes are on Ethereum, which is inching closer to breaking its 2021 all-time high. Crypto markets have…
