Digital Asset Treasuries
Election 2024
Kraken founder donates $1M in Ethereum to support Trump’s 2024 re-election
Trump has drawn support from an increasing number of crypto stakeholders.
Mining
CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
The deal comes at a time when several miners are struggling due to the impact of the mining event on their revenues.
Investments
State Street and Galaxy Digital launch crypto ETFs aimed beyond Bitcoin
The firms said there is a growing instutional and retail interest in digital assets.
Crypto
VanEck files for spot Solana ETF but will it gain approval?
Market experts believe the Solana ETF has chances of approval if there is a leadership change.
Stablecoins
BVNK launches Layer1 to simplify stablecoin payments for businesses
Over the years, there is an increase in the number of traditional financial institutions showing interest in stablecoins payments.
Mining
Marathon Digital diversifies revenue by mining Kaspa, aims for 16% global hash rate
Kaspa's KAS token rose by 9% following the Bitcoin miner's move.
Analysis
BloFin believes spot Ethereum ETFs will drive short-term surge in ETH prices
BloFin said the impending Ethereum ETFs has shifted the spotlight to ETH as investors pivot from Bitcoin.
Technology
Polkadot-Cardano bridge development sparks community excitement
Polkadot's ecosystem recently welcomed SnowBridge, a bridge connecting it to Ethereum blockchain network.
Crypto
Bitwise CIO predicts $15 billion inflow into Ethereum ETFs despite potential Grayscale outflows
Hougan said the $15 billion estimate would be an historic success as only four ETFs have reached that number since 2020.
Stablecoins
Tether USDT sees rapid $580 million growth on Telegram-linked TON blockchain
The Open Network's ease of transaction has been cited as a key factor in USDT's swift adoption.
Technology
Cardano outsmarts DDoS attacker who ends up funding network improvements
Cardano blockchain continued to operate optimally despite the DDoS attack.
People
Ripple’s Garlinghouse says SEC Gensler’s actions could sink Biden in November
The Ripple CEO described Gensler's criticims of the crypto industry as "absolute nonsense."