Cathie Wood’s ARK Invest has added about $251,500 in BitMine Immersion Technologies shares and the 3iQ Solana Staking ETF across three of its exchange-traded funds. Summary ARKK bought 5,264 BitMine shares worth about $83,100 at Friday’s $15.79 close. ARKW and ARKF added 28,018 SOLQ.U shares valued at roughly $168,400 combined. The 3iQ Solana Staking ETF…
The Bitcoin treasury strategy is no longer moving in only one direction. Who’s the next to pivot? For much of the past two years, publicly listed companies competed to raise capital to buy BTC and presented themselves as leveraged alternatives to holding the asset directly. The model worked quite promisingly for a while, and…
Bitcoin price has dipped under intense macro headwinds today, July 25, as the Nasdaq-100 index plunged to its lowest level since May 5 over escalating concerns regarding heavy artificial intelligence spending by tech giants. Summary Bitcoin price slid 2.49% to $64,017 as tech-driven Nasdaq liquidations and 4.71% Treasury yields triggered defensive profit-taking. Spot BTC ETFs…
Senate Majority Leader John Thune plans to push the CLARITY Act toward a floor vote before the August recess, potentially forcing senators to publicly declare their positions even if the crypto market structure bill cannot overcome a filibuster. Summary Thune wants a Senate vote before the August recess, despite uncertainty over the required 60 votes….
Is it all about XRP and its price or all Ripple moves matter to investors? If you spend enough time on Crypto X (formerly Twitter) or Reddit or any other social media with a bias toward cryptocurrencies, as we tend to do, you will notice an interesting pattern regarding XRP and the company behind…
BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled BEAT, EIGEN and ZETA unlocks. Summary $67.78 million in BEAT will unlock on Aug. 1, equal to 6.87% of circulation. EIGEN has fallen 12.6% before a $7.87 million release for…
ONDO and LIT are today’s largest losers once agian, while ZEC has decisively broken below $500. After gaining several grand and peaking at $67,000 earlier this week, bitcoin faced an immediate rejection and dipped below $64,000, where it currently struggles. Most larger-cap alts are also in the red on a daily scale now, with…
Nvidia, Meta and Microsoft have joined 22 other organizations in warning U.S. policymakers that sweeping controls on open-weight AI models could weaken American leadership as competition with China intensifies. Summary Nvidia, Meta and Microsoft oppose sweeping U.S. restrictions on open-weight AI models. The coalition favors targeted enforcement against intellectual-property theft and other proven misuse. Elon…
Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume. Summary Memecoin.Fun raised $3.5 million in strategic financing led by Becker Ventures. Funding will support launchpad infrastructure, cross-chain bridges, and a multichain memecoin platform. Robinhood Chain’s growing activity is increasing…
Some traders still see a rally toward $2,000 as a potential bull trap before ETH makes one final move lower. Pseudonymous crypto trader NoName says Ethereum has just crossed into the price zone where its bear market has historically bottomed, pointing to four straight lower highs as proof the downtrend has run its course….
