The @ASX will launch its first Bitcoin ETF, VanEck Bitcoin ETF, on June 20, offering regulated exposure to $BTC. This follows the U.S. SEC’s approval of a spot Bitcoin ETF and aligns with Australia’s strategy to stabilize crypto markets. #CryptoNews
34 blockchain startups raised $109.3M this week! Highlights: Nexus Labs secured $25M for its zero-knowledge VM, Layer3 raised $15M for onchain identity, and @NEARProtocol spinout Nuffle Labs garnered $13M. Paradigm announced a new $850M fund. #Blockchain #Update
U.S. spot Bitcoin ETFs saw a $190.08M outflow on June 14, 2024. Fidelity’s $FBTC lost $80M, while @BlackRock’s $IBIT gained $1M. Investor caution prevails amidst volatility. #Update #CryptoMarket
Robert Kiyosaki urges investing in #Bitcoin, calling it still affordable despite its $66,231.72 price. He emphasizes strategic buying from “Rich Dad, Poor Dad”: “Your profit is made when you buy, not when you sell.” #Update
From June 8-15, 2024, 32 crypto projects raised nearly $139M, led by Nexus securing $25M for Zero-Knowledge Proofs and BITAI with $20M for an AI-powered exchange. Layer3 and Nuffle Labs also raised $15M and $13M respectively. #CryptoInvestments
Australia’s first spot Bitcoin ETF, VanEck’s $VBTC, starts trading next week on @ASX. This regulated investment vehicle meets strong demand, aligning Australia with markets like the US. Last year, Global X’s Bitcoin ETF surged 153.5%. #Update #BitcoinETF
The launch of spot Ethereum-ETFs is delayed to July 2, 2024, following issuer comments. SEC Chair Gary Gensler expects approval by September 2024. Investor sentiment is strong, showing a 76% chance of approval by July 4. #Ethereum #Update
Bloomberg analyst Eric Balchunas updates the launch date for the spot $ETH ETF to July 2nd. SEC feedback indicates a quick approval process, enhancing Ethereum’s market liquidity and attracting institutional investors. #Update #CryptoNews
Mistral AI, a French startup, raised €600M in Series B funding, hitting a $6B valuation. Specializing in advanced AI models, their open-source tech supports global developers. This funding could boost both AI and the crypto sectors. #AI #Update
Global ETF market, now at $13T, could reach $35T by 2035, says Eric Balchunas, Senior ETF Analyst @binance. Growth driven by low costs, intra-day liquidity, and tax efficiency. Spot crypto ETFs offer easy crypto market access. #Update #ETFs
Toncoin ($TON) hits an all-time high of $8.13, making all 21,490 addresses profitable. This marks a significant growth from last year when over 90% were in loss. Retail holders own 39.9% of the supply. #Update
MicroStrategy upsizes its convertible notes offering to $700M, with proceeds aimed at purchasing more Bitcoin. Notes bear 2.25% interest, maturing in 2032. Conversion rate set at 0.4894 shares per $1,000. #Bitcoin #Update @MicroStrategy
Bitcoin spot ETFs see $226.2M outflow amid price dip. @BlackRock’s IBIT bucked the trend with $18.2M inflow, while $BTC price hovers around $67,059. #Crypto #BitcoinNews
SEC Chair @GaryGensler hints at possible approval of Ethereum ($ETH) Spot ETFs by end of summer. Potential surge in price seen with past spot filings. #CryptoNews #Ethereum
