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The Ethereum Foundation has completed a significant over-the-counter (OTC) transaction, selling 10,000 ETH to SharpLink Gaming for $25.7 million. This marks the first instance of a publicly listed company directly acquiring ETH from the foundation, signaling a growing commitment to the cryptocurrency as a treasury reserve asset. The

Pennsylvania lawmakers are considering a new bill that would prohibit elected officials from engaging in cryptocurrency trading while in office. Introduced by Representative Ben Waxman, the legislation aims to prevent public officials from enriching themselves through digital asset schemes, drawing parallels to alleged actions at the federal level. Key Takeaways

Ye's YZY Token Sparks Frenzy and Controversy Ye, the artist formerly known as Kanye West, has apparently launched a new Solana-based memecoin, YZY, triggering a massive surge in value and immediate accusations of insider trading. The token's debut saw explosive gains, with some reports indicating a

Early Bitcoin Domains Hit the Auction Block A significant collection of over 280 Bitcoin-related domain names, some dating back to 2010 shortly after the cryptocurrency's inception, is now up for auction. Lloyds Auctions is facilitating the sale of this extensive portfolio, which covers crucial aspects of the Bitcoin

Major cryptocurrencies including XRP, Dogecoin (DOGE), and Cardano (ADA) experienced a significant downturn, dropping as much as 9%. This decline followed President Donald Trump's announcement to establish a Bitcoin Strategic Reserve, explicitly excluding other major tokens. The move has disappointed traders who had anticipated broader inclusion, leading to

Two leading Web3 platforms unite to create seamless pathway from blockchain discovery to sustainable growth Seoul, South Korea - Nestree, a comprehensive Web3 portal platform, has announced a strategic partnership with Boost, a Web3-native advertising and analytics platform, aimed at addressing the persistent challenge of connecting innovative blockchain projects with

The Solana-based meme token BONK experienced a notable 10% surge, reaching $0.000027 against the US dollar. This rally, which began after establishing support at $0.000024, saw increased trading volumes. However, the upward momentum was short-lived as profit-taking emerged, causing the token to pull back slightly. This price action

Wall Street Embraces 24/7 Treasury Financing Through Tokenization In a groundbreaking move for financial markets, major Wall Street firms have successfully executed the first real-time, fully on-chain financing of U.S. Treasuries using USDC on the Canton Network. This innovative repo trade, facilitated by Tradeweb, settled atomically on a

Coinbase is breathing new life into its Stablecoin Bootstrap Fund, a strategic initiative designed to inject much-needed liquidity into decentralized finance (DeFi) markets. This move signals Coinbase's renewed commitment to fostering growth and stability within the rapidly evolving DeFi ecosystem. Coinbase's DeFi Re-engagement Coinbase has announced

The cryptocurrency market experienced a mixed bag of movements, with major altcoins like Solana (SOL) and BNB showing resilience, while others such as Polygon (POL) faced downward pressure. Bitcoin's record highs also influenced broader market sentiment, leading to varied performance across different digital assets. Solana's Ambiguous

Coinbase is reigniting its Stablecoin Bootstrap Fund, a strategic move designed to inject much-needed liquidity into decentralized finance (DeFi) markets. This initiative, managed by Coinbase Asset Management, will see capital deployed across prominent DeFi platforms, aiming to foster stable yields and efficient trading environments for users. Revitalizing DeFi Liquidity Coinbase&

Paxos, a prominent stablecoin issuer, has officially applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC). This strategic move places Paxos under federal supervision, aligning it with other major stablecoin players like Circle and Ripple who have also pursued similar federal charters.

Bitcoin's price is experiencing a period of unusual calm, with volatility dropping to levels not seen since October 2023. This lull comes amidst mixed signals from analysts, with some warning of potential downturns due to elevated open interest and market risks, while others maintain a bullish long-term outlook.