SharpLink Acquires $463M in Ether, Shares Remain 66% Lower
SharpLink Gaming (SBET), the public firm pivoting to a crypto treasury strategy focused on Ethereum, revealed on Friday it acquired 176,271 ether ETH for nearly $463 million. The purchase makes the firm the largest ETH holder among publicly traded companies, SharpLink said in a press release. The company tapped...
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UNI Drops Hard After V-Shaped Rebound Fizzles Amid Mounting Middle East Tension
Uniswap’s UNI UNI token is down 6.36% to $7.3864 over the past 24 hours, as traders absorbed another wave of geopolitical tension following an aggressive new message from President Donald Trump. The token had briefly recovered from a sharp overnight crash—bouncing 9.5% from $6.82 to over $8.40—but has since...
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America’s Dollar Dominance Depends on GENIUS
We are closer than ever to cementing America’s global leadership in digital asset innovation. Next week, the Senate will hold its final vote on the Guiding and Establishing National Innovation for U.S. Stablecoins Act – the GENIUS Act – bringing this landmark stablecoin legislation one step closer to becoming...
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Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan
Expectations of a more benign regulatory environment in the U.S. is leading to an increase in the number of crypto companies looking to go public and an uplift in venture capital (VC) funding, investment bank JPMorgan (JPM) said in a research report Wednesday. The GENIUS Act’s progress in the...
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AVAX Plunges 13% as Crypto Sinks on Rise in Mideast Tensions
The cryptocurrency market is experiencing significant volatility due to Israel’s strikes on Iran. Avalanche AVAX has been particularly affected, undergoing a substantial 13% correction with high trading volume. Despite the sharp decline, buyers have established strong support in the $18.57-$18.70 range, with recent price action showing signs of stabilization...
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Regulation fuels Bitcoin’s $11b treasury race as more and more companies join
Favorable regulation is prompting more companies to accumulate Bitcoin reserves, making it more resilient to volatility....
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Gotbit founder sentenced to 8 months for crypto wash trading scam
Aleksei Andriunin, founder and CEO of crypto market maker Gotbit, has been sentenced to eight months in prison for his role in a multi-million-dollar wash trading scheme that inflated trading volumes for various cryptocurrencies. The sentencing was handed down by…...
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Pi crypto value rebounds: key levels to watch
After a dramatic drop below the value area low, Pi Network has shown strong signs of recovery, bouncing from its swing low with aggressive demand. The buying wick printed on the latest daily candle confirms a strong reaction from what…...
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Charles Hoskinson Proposes $1 Billion Cardano Sovereign Wealth Fund
Charles Hoskinson has laid out the broad contours of what he calls a “decentralized sovereign wealth fund” for Cardano, arguing in a 18-minute livestream on 12 June that the network’s treasury should be actively managed, diversified beyond ADA, and ultimately expanded into a multi-asset portfolio worth at least a...
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How to legally stake crypto in 2025: What is now allowed after the SEC’s latest move
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully....
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