🇺🇸🗣 Coinbase CEO: The next SEC Chairman should withdraw all frivolous cases and apologize to the American people. This will not alleviate the damage done to the country, but it will begin the process of restoring confidence in the SEC.
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📊 #BTC C.Q.: BTC growth >$70,000 is largely driven by Binance whale activity and steady capital inflows from the US.
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💰 Sequoia Capital, which owns 16% of the Bridge platform, could receive >$100 million from Stripe's deal to acquire Bridge. cointelegraph
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⛏️📈 #AI Over the past day, shares of BTC miners increased by 24.4%, including due to the ongoing diversification of miners towards AI. #mining cointelegraph
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📈 #SOL Total market capitalization of LST Solana exceeded $5 billion, reaching a record high.
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🇺🇸 Bloomberg founder donated $50 million to Harris. businessinsider
Biden also voted early for Harris.
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👮♂️🇺🇸 The US Department of Justice accuses the operator of the crypto exchange AurumXchange of money laundering Silk Road. cointelegraph.com
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⚖️🍿 a16z Crypto, Paradigm and other VCs filed amicus briefs regarding Beba's lawsuit against the SEC. twitter
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🗽📈 #BTC C.Q.: Bitcoin's rally continues, led by Binance exchange
For two weeks now, CPG data has shown a negative premium. If U.S. demand had declined, we would expect this; however, it has not. This phenomenon is clearly driven by Binance whales involvement.
✅🙅♂#ACX Across DAO proposal to renounce ownership of the ACX token by Across Governance approved.
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🕵️♂️ The founder of Compound withdrew 500,000 #EIGEN (~$1.44 million) from FalconX.
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🗣 #ADA Cardano CEO announced that Cardano L1 will become Bitcoin L2.
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🕵️♂️ #ETH Vitalik Buterin transferred 100 ETH to 4 addresses, possibly for making a donation.
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🇺🇸🏫 Emory University reported $15.8 million in #BTC, becoming the first endowment to disclose a position in a Bitcoin #ETF
This means that all types of organizations (endowment, bank, hedge fund, insurance company, advisor, pension fund, private equity, holding company, venture capital, trust, family office, brokerage firm) are now represented in BTC ETFs in 13F filings.
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🍿🤖 #AI Meta, according to insiders, is creating its own AI-based search engine. cointelegraph
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📊 #BTC #ETH #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$479.4 million.
The total net outflow of spot ETH-ETFs was ~$1.1 million. #CryptoETF
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🗓 Major Crypto Events This Week #LINK #JUP #TIA #SUI #SUSHI #MEME
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🇭🇰 #RWA OSL and China Asset Management are jointly launching a trial version of tokenized fund projects for Hong Kong retail investors in the Ensemble project.
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🔌💰 #BTC's energy value has reached $100,000 for the first time in history.
Energy value is a metric proposed by Capriole Investment that measures the value of BTC in joules (units of energy required to generate the electricity needed to sustain mining).
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🇺🇸👀 Crypto lobbying groups file court brief supporting lawsuit against SEC, seeks clarity over token airdrops. theblock.com
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💰 The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Sollong ($30M), a physical infrastructure network, Bluesky ($15M), a social media platform, and Gelato ($11M), rollup-as-a-servise provider.
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🔓👀 According to Tokenomist, the single large-amount unlocking of more than $5m in the next 7d includes #TIA, #SUI, #MEME, #OP, #IMX, #ZETA, #TRIBL, #DYDX, #GAL, #ADA, #AGI, etc., and the linear large-amount unlocking in the next 7d includes #SOL, #WLD, #TAO, #AVAX, #DOGE, #SEI, #NEAR, #DOT, #BEAM, #FIL, etc. The total unlocking value exceeds $1.543 billion.
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