Crypto Pro Updates
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πŸ’° Zodia Markets, a crypto trading company majority owned by Standard Chartered, has raised $18.25 million led by Pharsalus Capital. coindesk
πŸ‡―πŸ‡΅ #SUI Mill City Ventures III (#MCVT) announced a Β₯450 million private placement of shares, the proceeds of which will be used to purchase SUI. SUI will serve as the company's main financial reserve asset.
πŸ’°β› #BTC MARA Holdings raised $950 million by selling convertible bonds. Part of the proceeds from the sale will be used to buy BTC
πŸ—½πŸ₯³ PayPal will allow Americans to accept payments in more than 100 cryptocurrencies
πŸ€πŸ‘€ #AVAX #CFG #RWA Grove, a credit protocol in the Sky ecosystem, is expanding into the Avalanche network with plans to float up to $250 million in tokenized assets.
The protocol will invest in the Janus Henderson Anemoy AAA CLO fund issued by Centrifuge.
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πŸ€πŸ’° #SOL Upexi has entered into a $500 million equity financing agreement to support its Solana reserving strategy
πŸ‘€ #TRX TRON Inc is looking to raise $1 billion to buy TRX
πŸ†• #TREE Binance adds Treehouse (TREE) to Binance HODLer Airdrops
πŸ‡ΊπŸ‡Έ #macro Trump: We're doing fine even without a rate cut, but the Fed should cut it.
Also about Powell again, "He will be gone very soon, I will miss him".
πŸ€πŸ‘€ #TON #FDUSD First Digital Group have launched the FDUSD stablecoin on The Open Network (TON) blockchain.
πŸ•΅οΈβ€β™‚οΈ 500,000,000 #USDC transferred from unknown wallet to Binance
πŸ‡ΊπŸ‡ΈπŸ€” Interactive Brokers is considering integrating stablecoins to support 24/7 funding of brokerage accounts. reuters #stablecoin
πŸ“ˆ #ENA #USDE TVL Ethena reached ATH, surpassing $7.7 billion (+40% since July 1)
πŸ’Έ #DYDX dYdX Foundation proposes to launch a new grant program for ecosystem development.
πŸ‡ΊπŸ‡ΈπŸ™…β€β™‚οΈ #BTC #SOL #ETF SEC delays Truth Social Spot Bitcoin ETF and Grayscale Spot Solana ETF
πŸ€πŸ‘€ #SOL ARK Katie Wood is partnering with SOL Strategies to provide steak services. cointelegraph.com
πŸ“ˆ #ETH TVL is up nearly 50% in the last 30 days
πŸ‡ΊπŸ‡ΈπŸ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +1,497 BTC ($177.51M) 🟒
Blackrock inflows 795 BTC ($94.28M) and currently holds 738,012 BTC ($87.53B);
#ETH-ETFs:
NetFlow: +126,429 ETH ($486.5M) 🟒
Blackrock inflows 120,437 ETH ($463.44M) and currently holds 2,924,663 ETH ($11.25B).
πŸ‘¨β€πŸ’» Top Solana ecosystem projects by development since last month. #SOL #W #DRIFT
πŸ€” #BTC CQ: On-chain traders are sitting on just 13% gains. While in previous market tops, in 2012 and 2021, this group’s average profit reached 232% and 150% respectively. During this current cycle, their profit peaked at only 69% and is declining over time.
πŸ“ŠπŸ‘€ More than 1M #ETH have been withdrawn from crypto exchanges in the past month.
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