Angry Pepe Fork, a new meme coin on Solana, gains traction with its unique staking model and has raised nearly $200k in presale. Projected to rally 200%, it offers APY based on lock-in periods and a $50k TaskOnCampaign giveaway. #Update
Former @PolychainCap partner Niraj Pant is accused of a secret deal with Eclipse Labs, violating firm policies. Pant allegedly secured $6M funding for Eclipse in exchange for 1.33% of tokens, now worth $13.3M. Polychain was unaware until Pant’s departure. #Update #CryptoNews
Cambodia’s Huione Guarantee, linked to the ruling family, identified by Elliptic as a major hub for crypto scams, laundering over $11B since 2021 via Telegram and USDT transfers. #CryptoCrime #Update
SEI, the native token of Sei blockchain, surged 13% after launching its beta version of Sei v2 mainnet. SEI is now trading at $0.3422 with a daily volume of $211M. This update follows a $10M grant for NFT projects. #CryptoNews #Update
Northwest Capital Management invested $1,775 in $BLK Bitcoin ETF, acquiring 52 units in Q2 2024. City State Bank and the Bank of New Hampshire also invested. The ETF saw 2134 BTC inflows on July 9, pushing prices near $59K. Institutional adoption of Bitcoin ETFs is rising. #Update
Ethereum-based ETFs are close to SEC approval, says Catherine Dowling of Bitwise. With firms like @BlackRock and Fidelity updating their S-1 filings, approval could come by mid-July 2024. This milestone could legitimize $ETH and broaden crypto adoption. #Update
China Pacific Insurance Group ($CPIC), China’s second-largest property insurer, partners with Swiss crypto bank AMINA Group to offer investment advisory and banking services in Asia Pacific. This collaboration enhances CPICIMHK’s expertise in early-stage blockchain startups. #CryptoNews
Coinbase lists Stader ($SD), causing a 100% surge in its value. The token’s 24-hour trading volume hit $6.6M, with a market cap of $30.8M. Coinbase also secured a $32.5M contract with the U.S. Marshals Service and acts as a custodian for VanEck’s HODL Bitcoin ETF. #CryptoNews
BlackRock’s IBIT ETF holds $18B in BTC, with $121M inflows on July 9. Spot BTC ETFs saw $216.4M inflows Tuesday, sustaining bullish momentum. Bitcoin hit $59.4K intraday high. #CryptoMarket #BTC
TIA, the native token of Celestia, surged 20%, trading at $7.21 with a market cap over $1.4B. Launched on Oct 31, 2023, Celestia uses unique data availability sampling, boosting network scalability. #Crypto #Update
Zodia Markets, @StanChart’s crypto arm, is in talks to acquire Elwood Technologies’ OTC business. This move aims to enhance Zodia’s OTC services and secure virtual asset licenses in Jersey. #Update #CryptoNews
Investors earned over $1B shorting @MicroStrategy in Q2 2024, marking a 22.64% profit. Short positions rose to $1.2T in the US/Canada. Meanwhile, MicroStrategy added 11,931 BTC, worth $786M, now holding over 1% of total Bitcoin supply. #CryptoMarket #Update
An Ethereum whale withdrew 16,449 ETH ($50.3M) from Binance as the price hit $3,100, ahead of next week’s expected Ethereum ETF approval. This new whale address shows bullish signs, aligning with $10.2M inflows into ETH investment products last week, sparking institutional interest. #EthereumETF
The US House is set to uphold President Biden’s veto on repealing SEC rule SAB 121, restricting banks from holding cryptocurrency assets. The vote on July 10 is unlikely to overturn the veto, signaling Democrats’ alignment with Biden ahead of elections. #CryptoRegulation #Update
