Bitcoin Exchange BlockFills Files Chapter 11
BlockFills enters Chapter 11, suspending trading amid market volatility; creditors include 007 Capital LLC with $17M claim. #Update #Legal
Cryptobriefing
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Ethereum Foundation Sells 5,000 ETH to Bitmine
The Ethereum Foundation sold 5,000 ETH to @BitMNR for $10.2M to fund operations and grants, retaining about 170,000 ETH worth $356M. #Update #Crypto $ETH
Bank of England Eases Stablecoin Rules
The Bank of England may ease stablecoin regulations after industry feedback on proposed holding limits, considering alternative measures to manage financial stability risks. #Update #Crypto
Avalanche Staking ETF Launches on Nasdaq
Grayscale Investments launches its Grayscale Avalanche Staking ETF (GAVA) on Nasdaq, offering exposure to $AVAX and staking rewards. #Update #Crypto $AVAX
Solana Unstaked $17M Alameda Distributions Surge
Alameda Research unstaked 197,000 $SOL worth $17M for creditor distributions amid ongoing bankruptcy proceedings. #Update #Crypto $SOL
Bitcoin Infrastructure Boosted by $5.2M Funding
Ark Labs, backed by Tim Draper, raises $5.2M from Tether and others to enhance Bitcoin infrastructure with Arkade platform. #Update #Crypto $BTC
Bitcoin Drives Eightco Shares on $125M Funding
Eightco Holdings (@Eightco) shares rose 6% after securing $125M funding led by Bitmine and ARK Invest for AI and blockchain expansion. #Update #Crypto
SwissBorg Secures MiCA Approval in France
SwissBorg secures MiCA approval from French AMF, allowing expanded crypto services across Europe. Operations will migrate from Estonia to France. #Update #Crypto
Bitcoin ETF Investors: 90% Are Long-Term
BlackRock’s Robert Mitchnick reports over 90% of Bitcoin ETF investors are long-term accumulators, with hedge funds representing short-term trades. ETHB Ether ETF sees $43M inflows. #Update #Crypto $BTC
Trump Meme Coin Soars 60% Post Event
The Official Trump ($TRUMP) meme coin surged over 60% following news of a Mar-a-Lago crypto conference featuring Donald Trump’s keynote, with whales accumulating $8.8M in tokens. #Update #Crypto
Bitcoin Holds Steady Amid Sticky Inflation
Bitcoin rallied 3% despite US inflation and GDP growth concerns, trading near $72K. The Crypto Fear & Greed Index remains at 15, indicating extreme fear. #Update #Crypto $BTC
Elon Musk Restructures xAI Founders Pre-IPO
Elon Musk’s @xAI sees major restructuring with co-founders and employees exiting post-SpaceX merger; new hires join from Cursor amid potential IPO plans. #Update #Tech
Crypto Platform Launches by Ex-JP Morgan Traders
Velotrade, founded by ex-JP Morgan and Dresdner Kleinwort traders, launches a crypto prop platform offering funded accounts up to $200K with profit-sharing. #Update #Crypto
Binance Postpones TOKEN2049 Dubai to 2027
TOKEN2049 Dubai 2026 postponed to April 2027 due to regional uncertainty affecting safety and logistics; existing tickets transferable to Singapore event. #Update #Crypto