Bitcoin-Themed Jordans Spark Controversy
@Strategy’s $250 Bitcoin-themed Jordans sold out, sparking criticism for not accepting $BTC. Meanwhile, Saylor invests $176M into STRC as Strategy pauses BTC purchases. #Update #Crypto
StablecoinX Welcomes Franklin Templeton Veteran
StablecoinX appointed Christopher Jensen, former Franklin Templeton executive, as CEO, overseeing 3.03 billion ENA tokens. Ethena’s USDe stablecoin ranks fifth with $4.4B circulating supply. #Update #Crypto $ENA
Ethereum Treasury Soars $14.8B with 28K ETH
Bitmine adds 28,086 ETH, boosting its holdings to 5.93M ETH worth $14.8B, potentially earning $330M annually with 85% staked. #Update #Crypto $ETH
Bitcoin Acquisition Strive Buys 1375 BTC
@Strive acquired 1,375 $BTC for $109M, boosting its holdings to 24,531 BTC. ASST surged 114% in 30 days as SATA nears $1B. #Breaking #Crypto $BTC
Crypto.com Gains Robinhood’s $5B Backing
Robinhood takes minority stakes in Crypto.com and OG.com, valued at $20B; event contracts route to OG’s CFTC-regulated exchange. #Update #Finance
Bybit Launches 24/7 Perpetuals for Major Pairs
@Bybit has launched USDT-settled perpetual contracts for EUR/USD, GBP/USD, and USD/JPY, offering 100x leverage and 24/7 trading. This expands its TradFi Perpetuals suite to over 200 assets. #Update #Crypto $USDT
Ethereum Powers Visa’s Onchain Lending Surge
Visa integrates blockchain lending tools with VisaNet to enhance stablecoin card program financing, achieving over $20 billion annualized settlement volume. #Update #Fintech
Bitcoin Acquisition Strive Invests $109M
Strive acquired 1,375 $BTC for $109M, increasing holdings to 24,531 BTC. 70% of funds came from SATA stock, nearing $1B in value. #Breaking #Crypto $BTC
Bitcoin Crashes $264M Liquidations Pre-CPI
Bitcoin dips below $78,000, triggering $264M in crypto liquidations ahead of U.S. inflation data release. Long positions account for most losses. #Update #Crypto $BTC
AI Development Slows as OpenAI Chief Warns
OpenAI chief scientist Jakub Pachocki advocates for slowing AI model development until safety mechanisms improve, proposing mandatory standards overseen by independent bodies to prevent risks of uncontrolled AI behavior. #Update #Crypto
Cronos Reverses $111M DeFi Exploit
Cronos reversed $111.2M in transactions after a Tectonic exploit, erasing nearly two hours of blockchain activity; $9.19M remains unrecovered. Crypto
Crypto.com Gains Boost from Robinhood Investment
@Robinhood has acquired equity stakes in @Crypto.com and @OGcom, utilizing OG.com’s CFTC-regulated infrastructure for event contracts, with rollout for US customers starting Tuesday. #Update #Crypto $CRO
Ethereum: Abraxas Buys $32M to Hedge Short
Abraxas Capital acquired 13,000 $ETH worth $32.39M to hedge a 141,180 ETH short position valued at $353.27M on Hyperliquid. #Breaking #Crypto $ETH
Visa Launches Onchain Credit for Stablecoin Cards
@Visa integrates its settlement network with onchain lending, enhancing stablecoin-linked card programs. Over 160 such programs now operate, with a $20B annualized settlement volume. #Update #Crypto $USDC