⚖️🍿 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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📊😐 #ETH is flat despite #BTC's breakout
The Ethereum ETFs launch has had no significant impact on the market. Without a full-blown crypto bull market, it's hard to see what could move ETH right now.
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🔍 Ceffu today transferred #PEPE for ~$11.5 million and #WLD for ~$5.8 million to Binance
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🇺🇸🔎 #USDT Over the course of its existence, Tether has attracted the attention of the US government 19 times.
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🥶 An address with a balance of 8,563,180 #USDT (8,560,787 USD) has just been frozen
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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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🇭🇰🕹Hong Kong regulators are considering providing tax incentives for crypto investments. coindesk
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🥳 Kalshi Prediction Market Launches Cryptocurrency Deposits - fortune.com
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +5,246 BTC (+$360.28M) 🟢
Blackrock inflows 4,369 BTC ($300M) and currently holds 403,725 BTC ($27.73B);
#ETH-ETFs:
NetFlow: -387 ETH (-$973K) 🔴
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🔥👀 #WLD OpenAI CFO: The company is discussing a potential deal with Oracle to increase computing capabilities and expand consumer reach.
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💰 Today's fundraisers:
▪️ Gelato attracted $11 million in Series A+ funding round led by Hack VC;
▪️ Hana Network powered by Binance Labs attracted $4 million from Sushiswap, Alliance, Orange DAO and others;
▪️ bitSmiley.іо completed second round of financing worth $10 million.
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🔮🗣 #BTC VanEck has a model that by 2050 Bitcoin becomes a reserve currency used by global central banks and used in international trade. In this scenario, the price of BTC rises to $3,000,000.
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