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Grayscale has secretly filed for an IPO with the SEC, planning to go public amid a wave of crypto listings. This move could enable more capital through public stocks or convertible bonds, akin to MicroStrategy's strategy. It follows Circle's June 5 NYSE debut, valued at $6.9 billion, signaling a boost for blockchain startups. With market recovery, 2025 may usher in a new IPO surge for crypto firms in the US. ➡️Details: https://followin.io/en/feed/18760455
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Vanguard profits from Bitcoin's surge despite criticism. The finance giant, which opposes BTC citing its lack of intrinsic value, holds 20 million MicroStrategy shares, a major Bitcoin holder. Its investment is linked to passive index strategies. As Bitcoin rises, MicroStrategy stocks jumped 17% last month, boosting Vanguard's assets under management. Meanwhile, investors can't buy Bitcoin ETFs on Vanguard's platform. ➡️Details: https://followin.io/en/feed/18756288
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On July 14, Bitcoin’s price climbed to $122,018.50 on OKX, marking a 2.81% rise in just one day. This surge underscores a positive trend in the cryptocurrency market, attracting investor interest globally. Analysts suggest this milestone indicates strong liquidity and market trust, potentially influencing altcoin prices. With continued growth in 2024, Bitcoin's ascendancy is pivotal within the DeFi ecosystem, as noted by experts at the Vietnam Blockchain Conference. ➡️Details: https://followin.io/en/feed/18746888
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On July 11, Onchain Lens reported a wallet linked to the TRUMP project team transferred 722,010 TRUMP tokens, valued at $7.03 million, to Coinbase. Analysts view such large transfers to major exchanges as potential sell-off signals, impacting token prices. This transaction draws significant attention from investors and traders amid a volatile memecoin market. TRUMP token, inspired by former President Donald Trump, has gained popularity due to its branding and viral social media presence. ➡️Details: https://followin.io/en/feed/18708454 🎮Play 🔴Live Crypto News
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Decentralized exchange GMX was hacked today, with $42 million siphoned from its GLP liquidity provider. The incident's method remains unclear, but GMX has offered hackers a 10% reward if they return 90% of the funds within 48 hours. Security investigator ZachXBT noted $9.6 million was moved to Ethereum via Circle's CCTP, sparking debate. This is the second major breach this year for GMX, causing a 35% token drop. The remaining funds stay on Arbitrum, with GMX still investigating the breach. ➡️Details: https://followin.io/en/feed/18681897
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YZi Labs has partnered with 10X Capital to establish BNB Reserve Company, a new digital asset management firm based in the US, focusing on BNB Chain's ecosystem. The firm plans to be listed on major US stock exchanges, offering US investors access to BNB's growth, the world's fourth-largest cryptocurrency by market cap. Previous success with Nakamoto, a digital asset firm on Nasdaq, bolsters this new venture. Partners include Cohen & Co. Securities and Clear Street LLC to raise initial BNB acquisition funds. The company promises transparent, verifiable asset management and aims to engage with the BNB Chain community. Funding round results and BNB ownership plans will be announced soon. ➡️Details: https://followin.io/en/feed/18684249
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BlackRock's iShares Bitcoin Trust (IBIT) reached $75.6 billion AUM, becoming its third most profitable fund since its launch in January 2024. Surpassing 700,000 BTC, it outperformed traditional ETFs like iShares Core S&P 500, despite lower management fees. Recent inflows of $52.8 million highlight IBIT's dominant appeal over competitors like Fidelity's Bitcoin fund, which saw just $12.3 million. According to Rajiv Sawhney from Wave Digital Assets, long-term investors in IBIT are reducing Bitcoin volatility, creating a stable trading environment. ➡️Details: https://followin.io/en/feed/18666857
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Last night saw heated headlines with political and market developments. Trump slammed Fed Chair Powell, urging resignation and rate cuts, while Musk criticized Trump amidst a governmental crisis. Bitcoin surged briefly. In the crypto world, BONK's ecosystem tokens plummeted: USELESS dropped 23%, and LetsBONK fell 36%. Aevo launched a 1000x leverage trading platform, mimicking gambling dynamics. Meanwhile, Ethereum climbed 3.2%, influenced by SharpLink Gaming's ETH accumulation, closing at $2,616, leading large-cap tokens. ➡️Details: https://followin.io/en/feed/18663089
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Friend : " hey , how's your alts going? " Me: 🎮Play 🔴Live Crypto News
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🇷🇺 The Russian government is implementing a national database for crypto mining equipment, aiming to bring 70% of unregistered miners under legal oversight and prevent electricity theft. The Ministry of Energy, in coordination with the Tax Authority and the Ministry of Digital Development, is building the system to identify illegal mining operations and enforce special tax policies. Currently, only 30% of miners are officially registered, with the rest operating in a "gray zone." Russia has also banned mining in 10 regions until 2031 to prevent power outages and is drafting new legislation to increase penalties for illegal mining by up to ten times. 📌Details: https://followin.io/en/feed/18627372 🎮Play 🔴Live Crypto News
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Elon Musk has launched the “America Party” with the goal of promoting innovation, protecting free speech, and fighting against centralized financial control. He sees Bitcoin as a strategic centerpiece to combat inflation and the “debt slavery” caused by irresponsible fiscal policies. ➡️Details: https://followin.io/en/feed/18625812 🎮Play 🔴Live Crypto News
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🔥When you're trying to sleep but crypto pump hard 🎮Play 🔴Live Crypto News
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🕯Pi Network (PI) is currently priced at $0.48, down 4% on the day, but expert Dr. Altcoin predicts it could reach $10 in the next 1-2 years thanks to the development of its AI App Studio and liquidity integration. ⚡️Although not yet listed on major exchanges, Pi has boosted its liquidity through integration with fiat conversion platforms. Technical indicators also show positive recovery signals, targeting $0.60 in the short term. 📌Details: https://followin.io/en/feed/18591560 🎮Play 🔴Live Crypto News
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💥Ukrainian President Zelenskyy’s outfit at the NATO summit has become the center of heated debate on Polymarket, where users are betting on whether he wore a suit or not. The topic has attracted nearly $79 million in bets, and the outcome remains disputed. Many argue that his attire qualifies as a suit, while others disagree, citing his sneakers and lack of traditional elements. Both fashion experts and ChatGPT have offered conflicting opinions, making the final verdict even more ambiguous. 📌Details: https://followin.io/en/feed/18590395 🎮Play 🔴Live Crypto News
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❌The bankruptcy liquidation of @FTX_Official is stirring controversy as creditor representatives reveal that investors from 49 countries—especially China (accounting for 82% of total claims)—may lose their right to compensation due to local laws prohibiting crypto trading. Claims from these regions could be classified as "disputed" and denied distribution if not legally approved. Additionally, a $1.53 billion claim from Three Arrows Capital (3AC) is raising concerns over potential exaggeration. If approved, this could reduce the recovery rate for other investors by up to 20%. Currently, the total value of disputed claims has surpassed $2.2 billion, further complicating the liquidation process. 📌Details: https://followin.io/en/feed/18590178 🎮Play 🔴Live Crypto News
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🚀DeFi Development Corp’s stock continues to surge after announcing an additional $2.7 million purchase of Solana (17,760 SOL), bringing its total holdings to nearly $98 million. The company stated it intends to hold and stake the SOL long-term to generate yield. DFDV shares rose 17% on the day, boosting its year-to-date gain to over 2,733%, though still 33% below its May peak. The company also announced plans to raise $112.5 million through a private placement, with most of the proceeds allocated to share buybacks and adding more SOL to its treasury. 💰Previously, DeFi Development planned to raise $1 billion for Solana investments but was asked by the SEC to withdraw the filing due to delayed reporting. 📌Details: https://followin.io/en/feed/18589425 🎮Play 🔴Live Crypto News
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