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Huge week for BTC ETFs, Crypto now through Venmo, Memes Dominate Gainers
BTC ETFs see biggest inflow week since July. BlackRock ETF sees $1bn inflows in a week. Venmo can now be used to buy crypto on Moonpay. SEC’s XRP appeal doesn’t challenge security status. Worldcoin rebrands to World with new orb. EigenLayer X account compromised. FBI arrests hacker of SEC X account. SCB in Thailand adopts stablecoins for transfers. DBS in Singapore adopts ‘token services’. Trump family to get 75% of WLFL revenue. Scroll team accused of owning sybil addresses. STX Nakamoto upgrade to happen next week.
Majors Fall 1 to 2%, A New Tiger takes to the Charts, Van Eck teases Big Web3 Gaming
A lucky GOAT memecoin trader turned $5,000 into $1.5M during GOAT's run to $300M. A new memecoin based on Disney Park's new baby tiger "Bakso" was a top mover on Wednesday, running to $10M (now $6M). Crypto majors fall 1-2%, memes red across board. a16z calls 2024 crypto's biggest year yet in "State of Crypto" report. Vitalik publishes part 2 of blog outlining ETH's future. Van Eck teases big bet on Parallel and web3 gaming. Huge day for digital art with 4 marquee mints seeing success.
BTC hits $68K, Trump odds Continue to Rise, GOAT nears $300M
BTC hits $68k as ETF inflows continue to soar. Open Interest at CME hits ATH, funding still low. Tesla moves $750m BTC to new wallet. Canary applies for Litcoin ETF, LTC up 8%. Grayscale asks SEC to convert altcoin fund to ETF. Kraken integrates with EigenLayer for restaking. ‘Network state’ Praxis raises $525m for new city. Trump project raises only $11m so far. a16z founders donate $2.5m to Trump PAC. TikTok accused of being crypto exchange in UK. Gotbit CEO arrested in Portugal. Perplexity AI launches finance platform.