Learn how to profit from cryptocurrency: HODLing $BTC, staking for 5%-20% returns, yield farming, liquidity mining, and trading. High-risk methods include IDOs and IEOs. Mining requires significant investment but can be rewarding. #Update #CryptoNews
Fireworks AI secures $52M in funding from @Sequoia, @nvidia, $AMD, and @MongoDB, boosting valuation to $552M. Its platform, used by @DoorDash and @Verizon, supports 100+ AI models for tailored business tasks. Expansion plans include hiring and stronger industry partnerships. #Update
The SEC’s final comments on spot Ethereum-ETF applications from @BlackRock and Fidelity are eagerly awaited. Approval could boost institutional investment in Ethereum, adding legitimacy to the crypto market and paving the way for more crypto-based financial products. #Ethereum #Update
T-REX launches options trading for its 2X leveraged and inverse Bitcoin ETFs, offering traders more flexibility. This comes as the SEC still hasn’t approved any spot Bitcoin ETFs, despite efforts from firms like Bitwise and Grayscale. #Update #Bitcoin #CryptoNews
#Update Burkett Financial Services shifts strategy, liquidates ProShares’ BITO for BlackRock’s IBIT ETF. Institutional confidence in Bitcoin ETFs grows, with Fiduciary Alliance LLC acquiring 188,668 IBIT units worth $6.64M. Bitcoin ETFs see $147M net inflows on July 10, 2024. #BitcoinETFs
Shiba Inu marketing lead Lucie outlines why a $SHIB ETF is imminent: enhanced accessibility, regulation, security, and increased demand. While drawbacks like centralization and management costs exist, the ETF could significantly impact $SHIB’s market dynamics. #CryptoNews
Justin Sun buys $5M in $ETH ahead of spot Ethereum ETF approval, adding to his 362,751 ETH holdings worth $1.1B. Sun’s purchase of 1,614 ETH at $3,097 each counters market volatility. Significant whale activity includes Golem staking 40,000 ETH and Elwood’s 26,811 ETH deposit to Binance. #Ethereum
Crypto firm Hypersphere launches $130M Atlas fund on July 10, aiming for 40% returns through DeFi market making and arbitrage. Managed by ex-Millennium and Bridgewater staff, it reflects rising institutional interest in crypto. Expansion includes a $75M venture fund this fall. #CryptoNews
Dora, a crypto startup, raised $5.5M from @dragonfly_cap, @Lemniscap, and others to enhance its Infinite Discovery Engine for unifying cross-chain transactions. CEO Mauricio Trujillo aims to boost search capabilities across 20+ networks, including Ethereum. #Crypto #Blockchain #Update
BOB secures $1.6M in funding, led by @Ledger, to enhance Layer 2 solutions for $BTC and $ETH. $1M will support new startups and dApp development. BOB’s EVM compatibility boosts its infrastructure for dApps, driving advancements in crypto. #Update #Blockchain
Matthew Sigel, VanEck’s Head of Digital Assets Research, is optimistic about a Solana ETF despite regulatory hurdles. VanEck’s approach highlights Solana’s blockchain utility and decentralization. Successful Solana ETFs in Europe and strong Spot Bitcoin ETF performance underscore investor interest. A new SEC Chair could improve clarity. #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
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
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
