Spot Bitcoin ETFs saw a $129.5M inflow on July 1, 2024. Fidelity’s FBTC led with $65M, followed by Bitwise’s BITB at $41.4M. Grayscale and BlackRock had stable flows. This surge highlights growing confidence in #Bitcoin ETFs despite recent price drops. #Update
Germany’s Northern Data plans a U.S. IPO in 2025, potentially valuing its AI cloud and data center businesses at $10-$16 billion. This strategic move follows their partnership with Tether on AI and data solutions. #CryptoNews #Update
Robinhood acquires AI firm Pluto Capital, founded by Jacob Sansbury, to boost retail investment offerings, including crypto. Pluto’s AI-driven analytics will provide tailored investment strategies, enhancing accessibility for all investors. #Crypto #Update
Blockchain projects secured $739.48M in June 2024, led by @Hut8Mining’s $150M for AI infrastructure. Colosseum and Avail raised $60M and $43M for GameFi & Web3. @AnimocaBrands backed ten startups. Mistral AI’s Series B hit $642M, valuing it at $6B. #Blockchain #Update
The SEC is reviewing public comments on Hashdex’s proposed Bitcoin ($BTC) and Ethereum ($ETH) ETF. This ETF aims to offer institutional investors exposure to both cryptocurrencies, managed by Hashdex and administered by Tidal ETF Services. Decision expected by March 2025. #CryptoNews
TEA, a new memecoin on Solana, launched July 1, 2024, has already attracted 3M users. It offers staking with 50% APY, farming, and a burning mechanism to support global sustainability and education. #Crypto #Update
Ethereum Name Service (ENS) surged 30% to $32.61 in 24 hours, driven by anticipation of the ENSv2 upgrade. Daily trading volume hit $264M, up 64%. ENS now outperforms $ETH and $BTC, rising over 250% in a year. #Update
The SEC has sued @Consensys over MetaMask, while MiCA regulations launched in the EU. VanEck filed for the first-ever Solana ETF in the U.S., boosting $SOL by 8%. Deepfake scams rose 245% in 2024, causing $79.1B in losses. #CryptoNews
SEC delays Spot Ethereum ETFs to mid/late July, adding market uncertainty. Key data releases this week: FOMC minutes (July 3), U.S. job data (July 5), and trade deficit figures. EU’s MiCA regulation starts June 30, but 91% of firms unprepared. #CryptoNews
Conduit raises $37M led by @paradigm, @HaunVentures for blockchain products. MegaLabs, Ora secure $20M each for Ethereum scaling & AI in decentralized apps. Crossover Markets gets $12M, Redacted $10M for web3. #Update #Blockchain #VCFunding
Whale 0x837 converted $18M in $PEPE to $ETH amid a price decline. They staked 4,374 ETH ($14.91M) in Compound, reflecting confidence in Ethereum’s long-term value and anticipated ETF approval. $ETH trades at $3,381.23. #Update
The @SECGov has returned S-1 forms to Ethereum-ETF issuers for revisions, delaying the potential launch until after July 8, 2024. This rigorous review aims to meet regulatory standards, potentially boosting institutional investment and mainstream adoption of $ETH. #CryptoNews
? On June 28, 2024, the US Bitcoin spot ETF market saw a $73.05M inflow. @BlackRock’s IBIT led with $82M, while Grayscale’s GBTC had a $27M outflow. Total crypto fund assets reached $52.12B, signaling strong institutional interest. #BitcoinETF #Update
23 crypto projects secured over $325M in funding last week. Major investments: $150M for Hut 8 Mining (@Hut8Mining) to boost AI infrastructure, $60M for Colosseum from Bonk DAO for GameFi & DeFi on Solana, $37M for Conduit, and $20M for ORA. #Update #CryptoNews
