Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
21Shares appoints Federico Brokate, ex-head of iShares, to lead U.S. ETF operations. The firm manages six crypto-asset ETFs worth $3.2B and recently launched a spot Bitcoin ETF. #CryptoETF #Update
Sonic, a Layer 2 gaming network on Solana, raises $12M in Series A led by @BitkraftVC, with @galaxyRTK and Big Brain Holdings. Total funding now at $16M, with a token valuation of $100M. Mainnet launch set for Q3 2024. #BlockchainGaming #Update
TRON DAO made waves at Consensus 2024 in Austin as a 3 Block Sponsor. The exclusive TRON Whale Night 2024 drew 400+ industry leaders. $TRX #Blockchain #Updates
Renzo secures $17M in funding led by @GalaxyHQ and @BH_Digital to scale its innovative restaking protocol on EigenLayer. The protocol supports Ethereum, stETH, and wBETH staking across multiple networks, enhancing DeFi integration. #CryptoNews #Update
Paolo Ardoino, Tether CTO, highlighted USDT’s resilience at Paris Blockchain Week 2022, noting its $25B redemption amid industry turmoil. Tether’s liquid reserves in US Treasury bills ensure stability. #Crypto #USDT
Institutional interest in crypto ETFs is surging, with $15B in net inflows at the Coinbase State of Crypto Summit. Analysts expect further boosts pending regulatory clarity. $COIN rated “Buy” with a $315 target. #CryptoNews #Update
Shiba Inu Coin ($SHIB) is now supported for @cryptocom Visa card funding, joining $BTC and $ETH. Despite a recent 11% price drop, SHIB trading volume surged 124% to $598.2M, highlighting strong community engagement. #Update
NAB halts its Ethereum-based stablecoin AUDN after a year. The team shifts focus to Ubiquity, a new project with @ANZ_AU. This pivot could impact future blockchain and stablecoin trends in Australia’s financial sector. #Update #Blockchain #Stablecoin
? Wasabi, a platform for trading memecoins and NFTs, raised $3M in funding led by @ElectricCapital. With over 18,000 traders and $500M in trading volume since January, Wasabi aims to expand its team and boost DeFi impact with a TVL of $109M. #Update #CryptoTrading
Farside Investors report a $146M outflow from US Bitcoin spot ETFs yesterday, signaling changing sentiment. $FBTC lost $92M, while $IBIT & $GBTC saw zero/negative flow. Bitcoin stands at $65,567.92, down 0.67% in 24h. #Update
VanEck is launching Australia’s first spot Bitcoin ETF on June 20, following ASX approval. This low-cost ETF offers a new investment avenue for Bitcoin, but ASIC warns of cryptocurrency risks. #BitcoinETF #Update
The SEC’s potential approval of spot Ether ETFs by July 2 has sparked a 12% rise in $ETH over 30 days. Increased whale activity sees 700,000 ETH purchased. Analysts predict significant market acceptance and potential long-term gains. #Update #Ethereum
Katie Stockton (@FairleadStrategies) on CNBC’s ‘Squawk Box’: Equities and Bitcoin ($BTC) remain in a bull market. Recent pullbacks nearly resolved, with $SPX nearing 5440. Bitcoin’s correlation with the Nasdaq 100 suggests it’s viewed as a traditional risk asset. #Update
Cryptology experts forecast $BTC stabilizing by summer 2024 and $ETH showing a strong trend. Bitcoin trades over $65K and Ethereum above $3.5K, indicating resilience. Key charts hint at potential upward moves. Monitor closely for market shifts. #Update
