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SharpLink Gaming has announced plans to deploy $200 million worth of Ether (ETH) from its corporate treasury onto Consensys’ Linea network. The company said the multi-year initiative will use Linea’s zkEVM layer-2 infrastructure to generate […]
TLDR: SharpLink will allocate $200M in ETH to Linea via EtherFi and EigenCloud to enhance its DeFi-based yield strategy. The ETH deployment uses Anchorage Digital’s custody services for compliance and institutional-grade security. Linea’s zkEVM network […]
The long-awaited approval of altcoin exchange-traded funds (ETFs) may not bring the massive inflows investors expect without participation from asset management giant BlackRock, according to market data. BlackRock’s iShares Bitcoin Trust ETF received $28.1 billion […]
Tokyo-listed Bitcoin treasury firm Metaplanet Inc. has unveiled a 75 billion Japanese yen (around $500 million) share repurchase program backed by a Bitcoin-collateralized credit facility, following a decline in its market-based net asset value (mNAV) […]
TLDR ETHZilla sold $40 million worth of ether to fund a $250 million stock repurchase plan. The company has repurchased approximately 600,000 shares for around $12 million since October 24. ETHZilla aims to reduce the […]
Cryptocurrency investment products regained momentum last week as investor confidence improved following lower-than-expected US inflation data. Crypto exchange-traded products (ETPs) saw $921 million of inflows last week, more than offsetting the $513 million in outflows […]
An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over a last month. At […]
Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively posted $243.9 million in net […]
Key points: Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up. Buyers have defended the support levels in select major altcoins, but unless they push the price above […]
TLDR: A whale with a flawless record just opened a $131.8M Ethereum long, fueling talk of a strong market rally. Technical charts suggest Ethereum’s wave five could push prices toward $5,940 and possibly $7,400. Ethereum […]
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