The analysts also see growth in Ethereum and Solana reinforcing their investment case as the cycle broadens beyond bitcoin.
Kamino said it is now "the first major borrow/lend protocol in DeFi to onboard tokenized equities as collateral, marking a major milestone for DeFi."
Ethereum rose 1.2% in the past 24 hours to $2,981, trading near its highest level since early February this year.
Animoca's Yat Siu will also join DDC's Bitcoin Visionary Council to offer input on the Asian food giant's bitcoin treasury strategy.
The percentage of total Ethereum supply staked stands at an all-time high of 29.39% as of July 9.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BTCT shares jumped as much as 20% on Friday after the company said it established a strategic reserve of $1 million worth of ETH.
Upexi expects to have 1.65 million SOL, worth around $273 million at current prices, upon closing its convertible note offering around July 16.
SharpLink bought 10,000 ETH from the Ethereum Foundation for $25.7 million, expanding its treasury value to over $558 million.
Ethereum Foundation has set a 12-month clock for ecosystem zkEVM integreation after reorganising its ecosystem teams to speed mainstream adoption.
The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies.
Japanese real estate firm Gates Group has partnered with Oasys blockchain to tokenize $75 million worth of real estate assets in Tokyo.
The memecoin is currently trading above $0.21, about 66.13% away from an all-time high set in November 2024.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Just yesterday, bitcoin broke past $112,152 for the first time before receding to the $111,000 mark.
K Wave Media Inc. (ticker KWM) has entered into a $500 million convertible note agreement with alternative asset manager Anson Funds.
It's not the famous rapper's first foray into the industry, having been actively involved in NFTs and crypto for over a decade.
Bitcoin Cash emerged as a notable exception, posting a 25% return that significantly outpaced Bitcoin's modest gains.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
By integrating World ID into the Story network, creators can not only verify the IP in their wallet but set terms for how others can use and pay for their intellectual property.
Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-20 tokens.
Even modest adoption of tokenization could outsize any other crypto narrative — including bitcoin — Bitwise analysts said.
GameSquare announced a public offering of 8.42 million shares to raise $8 million for starting an ETH treasury.
Between June 28 and July 4, SharpLink purchased 7,689 ETH, valued at $19.7 million as of writing, for about $2,501 per token.
The position entails "shaping and executing high-impact marketing strategies" that bolster the TON ecosystem.
The Pump.fun team will apparently offer 150 billion PUMP tokens priced at $0.04 worth of USDT with a 1 trillion max supply.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Open Network clarified that the 10-year "Golden Visa" initiative is still in its infancy and has not launched in collaboration with the United Arab Emirates government.
Regulatory tailwinds are set to usher in an "equity tokenization wave," according to analysts at research and brokerage firm Bernstein.
The more than 80,000 BTC suddenly moved after over 14 years of dormancy on Friday were not transferred for selling, according to Arkham.