Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
This edition of Cointelegraph’s VC Roundup features Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink.
Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and Exchange Commission (SEC). The SC 13D/A filing revealed that Riot now holds 71.56 million of Bitfarms’ total outstanding shares—valued at $159.1 million—equivalent to […]
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The beginning of the "macro summer" rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal.
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard.
The asset manager is considering expanding tokenized securities to the Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.
Analysts worry ETH will prove a harder sell than BTC to traditional investors.
Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana.
The funds still await the SEC's approval of S-1 forms. Their launch in the United States is expected to take place on July 23.
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark.
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to ARK.
Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner.
The issuers must still await final regulatory signoff on S-1 filings before listing the funds.
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.
Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee.
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions.
Japan-based Metaplanet said it has acquired additional Bitcoin, according to a July 16 statement. The firm announced that it purchased 21.88 BTC, worth ¥200 million (equivalent to $1.26 million) at an average price of ¥9 million ($57,701) per coin. Metaplanet furthered that this acquisition aligns with its prior announcement of plans to invest ¥1 billion […]
The post Bitcoin buy propels Metaplanet stock up 10%, total holdings now 225 BTC appeared first on CryptoSlate.
Digital asset investment products experienced consecutive inflows this month, with $1.44 billion recorded last week, per CoinShares‘ latest weekly fund flow report. This recent inflow raised the year-to-date total to a record $17.8 billion, surpassing the $10.6 billion inflows of 2021. However, trading volumes stayed low at around $8.9 billion, compared to the seven-day average […]
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Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.
Expect ETH’s spot price to be more responsive to ETF inflows than BTC’s, says crypto investment manager Tom Dunleavy.
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.
Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. This collaboration is part of an ongoing effort to decentralize Bitcoin mining hardware and foster innovation in the mining ecosystem. […]
The post Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs appeared first on CryptoSlate.
Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.
Bitcoin’s recent price struggles presented investors with “buying opportunities,” resulting in the inflow of $441 million into crypto-related investment products, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, explained that digital assets experienced heavy volatility last week due to selling pressures from the German government and news of defunct Mt. […]
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BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) is close to reaching $500 million in assets under management. The tokenized fund, represented by the BUIDL token on the Ethereum network, now holds $491 million in assets, according to Dune Analytics data. Blockchain analytics platform IntoTheBlock noted that this milestone comes during a period of price struggles […]
The post BlackRock’s BUIDL fund inches toward $500 million amid crypto market struggles appeared first on CryptoSlate.
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin.
Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July.
In Cointelegraph’s latest video, experts discuss the impact of the spot Bitcoin ETF approvals on the crypto markets and the potential for a spot Ethereum ETF.