Football legend @LeoMessi promoted Solana memecoin Water (WATER) to 504M Instagram followers, causing a 60% surge before settling at a 4.5% gain. WATER funds global charities, boasting a $73.6M market cap. #Crypto #Update
Investors are eyeing new cryptocurrencies like $POP, $NOT, and $TIA. Popcat’s meme coin rose 22%, Notcoin surged 56%, and Celestia’s TIA token shot up 178% in a year. MANTRA’s OM coin skyrocketed 3,590%! #Update
By 2025, crypto ETFs are projected to form 5% of hedge fund and pension fund portfolios, says blockchain expert Fiorenzo Manganiello. BlackRock’s spot bitcoin ETF has amassed $16.7B since Jan 2024, signaling strong institutional interest. #CryptoETFs #Update
Wealth manager @VanEck has filed an updated S-1 for its spot Ethereum ETF with the SEC, following @BitwiseInvest’s July 3 filing. Approval could lead to higher ETH prices and yields, mirroring Bitcoin’s recent performance. #EthereumETF
ZKM announces GOAT Network, the first Bitcoin Layer-2 network sharing ownership, launching Q3 2024. Using decentralized sequencers, nodes earn yield on BTC. Initial launch includes a DEX and zero-gas BRC-20 trading. #Bitcoin #Update
Solana co-founder Anatoly Yakovenko suggests memecoin creators offer developer grants to build user features, aiming to stabilize the sector. This comes amid an 8% market drop, affecting $BRETT, $DOGWIFHAT, and $PEPE. #Update #CryptoNews
Chainlink whales acquired 6.2M $LINK ($76.8M) during last week’s crypto dip, boosting their holdings to 502M LINK (50.29% of total supply). Whale holdings rose by 1.94% (10k-100k LINK) and 4.57% (100k-1M LINK). #Crypto #Update
Ryan Selkis, CEO of @MessariCrypto, accuses the SEC of corruption and pledges to stop cooperation, claiming it fails to protect citizens and regulate crypto. He believes investigative journalism is more effective than litigation. #CryptoNews
EOS Network launches a $127M staking rewards program with 85,600 $EOS tokens distributed daily and an initial 60% APY. Lock-up periods increased from 4 to 21 days. EOS supply capped at 2.1B tokens to boost stability. #Update #CryptoNews
Solana ($SOL) stabilizes above $120.50, signaling bottoming ahead of potential Ethereum ETF approval this week. Analysts predict a 35% upside if it hits $188.20. SEC may then focus on spot Solana ETFs. #CryptoNews
Fetch.ai, SingularityNET, and Ocean Protocol are merging to launch the new AI token, Artificial Superintelligence (ASI), in July. This decentralized initiative aims to advance AI and crypto. Total ASI supply: 2.63055 billion tokens. #AI #Crypto #Update
Puffer Finance launches Puffer UniFi, a rollup solution to address liquidity fragmentation on $ETH. It unifies the liquidity layer, enabling fast, cheap, and reliable transactions across decentralized apps. Raised $18M in Series A funding. #CryptoNews #Update
Web3 is revolutionizing digital art, allowing artists to secure and monetize their work using blockchain and NFTs. Strategic partnerships with tech firms and financial partners are key to making this accessible. #Update #Web3 #NFTs
Open Campus, with support from @animocabrands, TinyTap, and @ForbesWeb3, launches a $1M hackathon on July 8, 2024, to drive dApp innovation on EDU Chain, focusing on DeFi, education dApps, and finance dApps. #Update #BlockchainEducation
