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The Tokyo-listed firm's latest purchase brought its total holdings to 17,132 BTC, worth roughly $2 billion based on current market prices.

#ethereum #markets #bitcoin #funds #tokens #venture capital #token projects #strategic investments #deals #market updates #crypto movers

Asymmetric’s Liquid Alpha Fund has shut down, reportedly after steep losses. I asked top VCs why liquid strategies are struggling — and what it takes to get them right.

#tokenization #ethereum #markets #bitcoin #crypto #bnb #web3 #tokens #venture capital #equities #decentralized infrastructure #token projects #strategic investments #deals #capital markets #companies #crypto ecosystems #market updates #public equities

Galaxy Digital moved nearly 30,000 BTC — worth around $3.5 billion — to exchanges. SharpLink has named Joseph Chalom as its new co-CEO.

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With 1,825 BTC in holdings, The Smarter Web Company now ranks 26th globally among publicly listed corporate bitcoin holders.

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Crypto inflows are up nearly 50% since May and are on track to comfortably surpass last year’s record total, JPMorgan analysts said.

#ethereum #markets #defi #airdrop #kraken #exchanges #optimism #token projects #companies #crypto ecosystems #layer 2s and scaling

The move would 'unlock a new wave of use cases powered by onchain protocols and infrastructure,' the crypto exchange said.

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deBridge’s new Reserve Fund channels all protocol earnings into DBR token buybacks as DeFi operators deploy revenue to bolster ecosystem value.

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Ethereum fell 4% and XRP dropped 12.7% over the past 24 hours, with several other major altcoins also posting losses.

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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

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Ether has seen growing investor demand, with spot Ethereum ETFs recording $533.9 million in net inflows on Tuesday.

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Lookonchain said the three addresses all received bitcoin on Dec. 13, 2020, when bitcoin was worth around $18,000.

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Over the last 30 days, the valuation of BONK has risen by nearly 200%, making it one of the best-performing tokens in that time.

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Bitcoin and Ether futures with 10x leverage and a 5-year expiration are now available to US users of Coinbase.

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Following the latest transaction, SpaceX currently holds 6,977 BTC, worth $825 million, according to Arkham

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Spot bitcoin ETFs saw $130 million worth of net outflows while ether ETFs extended their positive streak with $300 million.

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Analysts said Solana gained on the announcement of Block Assembly Marketplace and the DeFi Development Corp's acquisition of additional SOL.

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The private placement drew participation from crypto and blockchain firms, including FalconX, Pantera, Borderless and Relayer Capital.

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Strategy has bought another 6,220 BTC for $739.8 million, bringing its total holdings to 607,770 BTC — worth around $71.8 billion.

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Mercurity's Solana strategy is additive and does not replace plans to invest in bitcoin, chief strategy officer Wilfred Daye told The Block.

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Analysts at Bernstein said in a note shared with The Block that ETH will 'continue seeing strong investment interest.'

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The Chinese blockchain said it plans to support the potential issuance of an offshore yuan-pegged stablecoin in partnership with AnchorX.

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The Base App leverages Zora and Farcaster infrastructure to allow users to create and trade tokens tied to social media posts.

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Bitcoin and ether both benefit from the growing trend of firms incorporating the cryptocurrencies into their treasuries, analysts said.

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The project has a fully diluted market capitalization of $16 billion at pre-market trading prices, making WLFI the 11th-largest token.

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The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.

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Nasdaq-listed Thumzup Media said its board has authorized the company to hold up to $250 million worth of cryptocurrencies.

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One crypto analyst said the next technical resistance lies near $4.5 trillion, with potential downside risks in macroeconomic conditions.

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Sharplink Gaming became the largest corporate holder of ether earlier this week, surpassing the Ethereum Foundation.

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The Satoshi-era whale's 80,000 BTC surged over 15.4 million percent since April 2011, from $62,400 to $9.6 billion.

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Earlier this week, XRP flipped Tether's USDT to become the third-largest cryptocurrency by market capitalization.