๐ฝ๐ Bitso management held a series of meetings in Washington, D.C., as part of a plan to enter the U.S. market.
๐ฏ๐ต๐ฅณ Japan's finance minister recognizes that cryptocurrencies deserve a place in diversified investment portfolios.
๐ฉ #BNB Former Bitmain executives will launch treasury firm BNB backed by YZi Labs, aiming to raise $1 billion. theblock.co
๐โโ #SOL Sharps Technology, Inc. announces >$400M private placement to create Solana's largest treasury. prnewswire
๐ฝ๐ Broker Webull will once again provide cryptocurrency trading services to US customers.
๐ถ #SHOT Safety Shot received a $30M strategic investment from the BONK and FalconX team.
๐ฎ๐โโ Kalshi will expand into the crypto sphere following the appointment of John Wang as head of crypto.
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๐ณ๐ค #XRP Gemini have launched a credit card in partnership with Ripple. coindesk
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๐ฎ๐ Arthur Hayes predicts that the price of #HYPE could rise 126 times in the next three years, and Hyperliquid's annual fee income will increase from $11.2 billion to $258 billion.
Arthur Hayes also stated that the bull market in cryptocurrencies will continue until 2028, and DeFi platforms such as Ethena (#ENA) and Hyperliquid will benefit from a large influx of stablecoin liquidity.
Arthur Hayes also stated that the bull market in cryptocurrencies will continue until 2028, and DeFi platforms such as Ethena (#ENA) and Hyperliquid will benefit from a large influx of stablecoin liquidity.
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๐ธ Anchorage Digital launches venture capital arm to support early-stage onchain protocols. theblock
๐๐ #RAY State of Raydium in Q2:
- Average daily trading volume fell 69.2% from a record $3.6 billion in Q1 to $1.1 billion
- total trading volume on LaunchLab platforms exceeded $1.1 billion (trading volume on BONKfun totaled $818.8 million and on Raydium's LaunchLab interface totaled $309.2 million);
- Raydium's share of total volume on DEX declined from a record 17.0% in Q1 to 6.6% in Q2;
- TVL +54.7%.
- Average daily trading volume fell 69.2% from a record $3.6 billion in Q1 to $1.1 billion
- total trading volume on LaunchLab platforms exceeded $1.1 billion (trading volume on BONKfun totaled $818.8 million and on Raydium's LaunchLab interface totaled $309.2 million);
- Raydium's share of total volume on DEX declined from a record 17.0% in Q1 to 6.6% in Q2;
- TVL +54.7%.
๐ฆ๐ช ๐ #BTC Arkham: The UAE is the fourth largest nation in terms of BTC assets (holding nearly $740 million worth of coins).
The UAE's assets are not from asset forfeiture, but from the mining operations of Citadel Mining. They have mined about 9,300 BTC so far and still own at least about 6,300 BTC. Citadel Mining is 85% owned by 2pointzero, which is 100% owned by IHC. IHC is 61% owned by UAE Royal Group, which is a conglomerate owned by Sheikh Tahnoon bin Zayed Al Nahyan, a member of the Abu Dhabi royal family.
The UAE's assets are not from asset forfeiture, but from the mining operations of Citadel Mining. They have mined about 9,300 BTC so far and still own at least about 6,300 BTC. Citadel Mining is 85% owned by 2pointzero, which is 100% owned by IHC. IHC is 61% owned by UAE Royal Group, which is a conglomerate owned by Sheikh Tahnoon bin Zayed Al Nahyan, a member of the Abu Dhabi royal family.
๐บ๐ธ๐ #INJ SEC accepted Canary Capital's application to launch an Injective ETF for review.
๐๐ค #BTC Glassnode: Relative to prior cycles, Bitcoinโs all-time highs in 2017 and 2021 were reached just 2โ3 months ahead of todayโs point in the cycle. While history is a limited guide, itโs a noteworthy context given recent profit-taking and elevated speculative activity.
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