Sharplink Gaming has increased its strategic ETH reserve by 10,975 ETH, valued at approximately $42.79 million, according to on-chain data from Onchain Lens. The gaming firm now holds a total of 532,914 ETH, currently worth around $2.07 billion.
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SEC & Ripple Labs have dropped their appeals, ending the lawsuit! π€ The July ruling stands: XRP secondary sales arenβt securities, but institutional sales were. Both sides cover their own costs. (TheBlock) #XRP #SEC #Ripple
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Trump appointed Stephen Miran, current head of the Council of Economic Advisers, to the Federal Reserve Board. He'll serve until 2026, replacing Adriana Kugler. Miran previously worked at Treasury & Fidelity and supports streamlined crypto regulation. (TheBlock)
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Nasdaq-listed Fundamental Global plans to raise up to $5B via stock offering, primarily to buy Ethereum (ETH). Remaining funds for working capital & expenses. #ETH #crypto #stockmarket
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Trump signed an order to potentially expand 401(k) investments to include options like private equity, real estate & digital assets. The goal is higher returns & diversified risk. Labor & SEC will review/revise regulations for these alternative investments within retirement plans.
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Web3 AI project Perle raised $9M in seed funding (led by Framework Ventures), totaling $17.5M. Perle uses blockchain to improve AI training data quality & will launch Perle Labs β a platform rewarding dataset contributions. (TheBlock)
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Winklevoss twins invested in crypto mining firm American Bitcoin Corp. ($220M funding round) backed by Eric & Donald Trump Jr. Funding included both cash & Bitcoin. Reports suggest growing ties between the Winklevosses & the Trump family. #crypto #Bitcoin
#blockchain #news #BTC
Euphoria, a crypto derivatives app on MegaETH, raised $7.5M in seed funding (incl. $2.5M pre-seed). Karatage led, with Figment Capital, Robot Ventures, Bankless Ventures & 100+ angels participating. (TheBlock) π
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Ethereum market is optimistic, eyeing $4K resistance & potential rate cuts (via Greeklive). Trumpβs 401(k) crypto plan & rising ETH proportion hint at a possible βETH season.β Low volatility favors options selling β calendar spreads & put-call combos are popular. Expect potential pullback in Aug.
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Chainlink launched Chainlink Reserve, a $1M+ pool of LINK funded by service revenue. It uses Payment Abstraction (stablecoin/gas fees) & Chainlink says no withdrawals are planned for years. π #Chainlink #LINK
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