Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud
Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were not a cash-crunch response. The comany is...
Read More
Anthony Pompliano’s ProCap Appears Better Than Peers Based on the BTC HODLer’s Own Data
Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to...
Read More
The Bitcoin Supply Shock Will BE BRUTAL None Of You Are Ready For This It’s Already GAME OVER
Well, it looks like even more Bitcoin has been taken off the table. This is going to get interesting when there’s literally only 500 BTC left… it sounds like a joke but its a year away. ————————————————————— PROTECT YOUR CRYPTO WEALTH With A Ledger Nano: https://shop.ledger.com/?r=8af3ed38d3b7 ————————————— Cool People...
Read More
The new ‘decentralization theater’: Crypto projects are still controlled by the few | Opinion
Without actual decentralization, the industry will find itself increasingly isolated even from the very communities it claims to empower....
Read More
Polkadot Crypto Breaks Out of Two-Year Downtrend as Momentum Builds
After years stuck in reverse, the Polkadot crypto price just slammed the gearshift. DOT ▲4.26% has broken free from a two-year falling wedge, a textbook reversal pattern for traders who still believe in the long-term potential of this coin. 99Bitcoins analysts observed DOT reclaiming key resistance zones at $3.40...
Read More
US Spot Bitcoin ETFs See Strong Momentum with Over $800M Inflows in Three Days
Institutional money is pouring back into U.S. spot Bitcoin ETFs at record rates. Bitcoin exchange-traded funds kicked off the week with a combined $217 million in net inflows, while Ether ETFs added another $62.11 million, continuing a strong start to July. BTC ▲0.19% volatility may be on summer break,...
Read More
Pakistan Establishes Independent Digital Assets Regulator PVARA
Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset...
Read More
Robinhood Shares Soar 26% on the Back of Tokenized Equities Launch and Bitstamp Acquisition
Robinhood is trending, and share prices spiked 26%. The broker has acquired crypto exchange Bitstamp and is tokenizing U.S. stocks and making them available to European traders. On a day when the crypto market was see-sawing and even red at some point, the stock market was pumping, with Robinhood...
Read More
Bitcoin eyes gains as dollar index sinks to 21-year lows — Can BTC surge past all-time high?
A weakening U.S. dollar is opening the door for a possible new surge in Bitcoin, stirring questions about whether one of finance’s most familiar patterns is about to play out again. That’s the view in a July 9 analysis shared…...
Read More
ETH gains ground in corporate treasuries with GameSquare’s $100M pivot
More corporate heavyweights are turning to Ethereum as a treasury reserve asset, and Nasdaq-listed GameSquare is the latest to join in. According to a July 8 press release, the entertainment and technology company has launched an Ethereum (ETH) treasury strategy.…...
Read More