Large funding rounds are still few and far between in Web3, according to Crunchbase.
VanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.
Bitstamp starts Mt. Gox creditor repayments
The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange.
Ethereum ETFs start strong but lag epic Bitcoin ETF launch: analysts
Analysts worry ETH will prove a harder sell than BTC to traditional investors.
Franklin Templeton eyes Solana ETF after Ethereum success
Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana.
Spot Ether ETFs get NYSE Arca clearance, await SEC’s final authorization
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.
Mt. Gox prepares for repayments on Bitstamp, executes test transactions
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
Gemini reaches settlement with IRA Financial Trust over $36M exploit
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto.
Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC.
Bitcoin oversold after German gov’t sell-off — ARK Invest
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to ARK.
Airdrop token prices are crashing — Does Web3 need a new model?
Tokens distributed in airdrops consistently underperform the market. Now, Web3 protocols are exploring new approaches.
Fee war breaks out among spot Ether ETF issuers ahead of listings
Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner.
SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
The issuers must still await final regulatory signoff on S-1 filings before listing the funds.
21Shares Ether ETF to waive fees for up to 6 months
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors.
Valour launches first ETP for Near Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.
Degen Chain user loses 90% funds during bridge transfer
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem.
a16z co-founders pledge to support Trump in wake of Vance VP pick: Report
Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee.
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
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.
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas.
Bitcoin and Ether lead $17.8B crypto inflows
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.
