Sponsor of the Week

🔥 AviaOne 🔥

• DYM ranks #16 by staking market cap and boasts the highest reward rate among the top 20 🚀 

• All DYM stakers are eligible for the NIM airdrop - claim up to 50 million NIM 🪂 

• Stake your DYM tokens and participate in the giveaway organized by AviaOne 🔥 

AviaOne is an Official Dymension Genesis Validator and a Moderator on the official Discord. To be eligible for participating, you need to stake a minimum of 50 DYM with AviaOne.

TLDR:

• Ethereum Awaits SEC's Verdict

• Grayscale Cheers on Crypto Bull Run

• Shiba Inu Rises in Crypto Searches

• BOB Blockchain Bags $10M Funding

• Whales' Altcoin Hunt from Exchanges

• Sui and Revolut's Blockchain Bond

• Excitement Mounts for X's Payment Launch

• NFT Game Parallel Nets $35M

• U.S. Treasury Bonds Tokenization Hits $1B

• KuCoin CEO Plans $10M Airdrop

• BlackRock CEO Surprised by Bitcoin

• Messari VP Touts Memecoins

• ARKB Manages $3B+ in Assets

• GBTC Sees Outflow, ARKB Inflow

• ALITA MEME Project Faces Glitch, Offers Compensation

Up your crypto game and gain an upper hand by signing up to our premium content, sent straight to your inbox once a week! The premium content includes weekly Market Insights, Airdrop Updates & Premium News

Click below to signup to premium content

👇

Alpha of the Day

Ethereum's SEC Limbo

Ethereum's price languishes in a state of suspense as it awaits the SEC's classification, like a student nervously waiting for their exam results. With its fate hanging in the balance, Ethereum's price remains stagnant, trapped in a regulatory purgatory that leaves investors biting their nails in anticipation.

Grayscale's Bullish Banter

Grayscale reaffirms its confidence in the cryptocurrency market amidst the ongoing bull run, sounding more optimistic than a motivational speaker at a self-help seminar. With strong fundamentals underpinning the market, Grayscale encourages investors to hold tight and enjoy the ride, promising sunny skies ahead in the world of crypto.

Shiba Inu's Search Surge

Shiba Inu claws its way to second place in crypto search rankings, much like a determined underdog rising through the ranks in a popularity contest. As SHIB rallies, the crypto world watches in awe, with everyone wondering if this pup will become the next big thing or just another flash in the pan.

SIGN UP TO CRYPTO.COM & GET $25 IN CRO TODAY

BOB Blockchain Bags Bucks

BOB, the 'Hybrid' Layer-2 Blockchain, secures a cool $10M in funding, making waves in the crypto scene like a tech prodigy striking it rich in Silicon Valley. With its innovative blend of Bitcoin and Ethereum, BOB sets out to conquer the blockchain world, armed with a hefty war chest and a vision for the future.

Whales' Altcoin Acquisitions

Whales make strategic moves to amass altcoins tied to real-world assets from crypto exchanges, playing the crypto market like a high-stakes game of Monopoly. With their eyes on the prize, these crypto whales aim to build their digital empires one asset-backed token at a time, leaving smaller investors in their wake.

Sui and Revolut's Blockchain Bond

Sui and Revolut join forces in a global partnership to drive blockchain education and adoption, like a dynamic duo teaming up to save the world from crypto ignorance. With their combined expertise and resources, they set out to educate the masses and pave the way for widespread blockchain adoption, one person at a time.

SIGN UP TO NEXO TO GET $25 IN BITCOIN AND PAY WITH MASTERCARD

Anticipation for X's Payment Launch

Excitement reaches fever pitch in the crypto community as X's payment launch looms on the horizon, sparking anticipation akin to waiting for the latest season of a binge-worthy TV show. With expectations running high, crypto enthusiasts eagerly await the arrival of X's game-changing payment solution, poised to revolutionize the way we transact in the digital age.

NFT Game Parallel Nets $35M

Parallel, an NFT card game, secures a whopping $35 million in financing, making waves in the crypto gaming world like a high roller hitting the jackpot in Vegas. Backed by Solana Ventures and other big players, Parallel sets out to redefine gaming with its innovative approach to NFTs, promising players a whole new level of immersive gameplay and digital ownership.

Tokenization of U.S. Treasury Bonds Hits $1B

Data reveals that the tokenization of U.S. Treasury bonds on public blockchains has surpassed a monumental $1 billion milestone, marking a significant step forward in the digitization of traditional financial assets. With blockchain technology revolutionizing the way we think about finance, tokenized bonds pave the way for a new era of decentralized finance (DeFi) and democratized access to investment opportunities.

SIGN UP TO BYBIT & CLAIM YOUR $20 REWARD

KuCoin CEO Plans $10M Airdrop

The CEO of KuCoin announces plans for a massive $10 million airdrop of KCS and BTC to loyal users, sparking excitement in the crypto community like a surprise gift from a generous benefactor. With rewards raining down on dedicated users, KuCoin aims to show appreciation for their continued support and loyalty, reinforcing its position as a user-centric exchange platform in the competitive world of crypto.

BlackRock CEO Surprised by Bitcoin's Ascendancy

The CEO of BlackRock expresses surprise at Bitcoin's meteoric rise, reminiscent of a seasoned investor marveling at the unpredictability of the stock market. With Bitcoin defying skeptics and skeptics alike, its ascent to the forefront of global finance leaves even industry titans like BlackRock scratching their heads and reevaluating their stance on digital assets.

Messari VP Touts Memecoins

A VP at Messari advocates for the significance of memecoins in the crypto market, likening them to the quirky sidekicks that add flavor to an action-packed movie. With memecoins gaining traction and sparking viral trends, they have the potential to evolve into a new asset class, offering investors both entertainment and profit opportunities in the wild and unpredictable world of crypto.

SIGN UP TO WISE & MAKE BANKING EASY ACROSS BORDERS

ARKB Manages $3B+ in Assets

ARKB, a prominent asset management firm, oversees a whopping $3 billion in assets, solidifying its position as a heavyweight player in the financial industry. With a diverse portfolio and a track record of success, ARKB commands respect and admiration from investors and competitors alike, setting the standard for excellence in asset management.

GBTC Sees Outflow, ARKB Inflow

GBTC experiences a significant outflow of $300 million, while ARKB witnesses a net inflow of $201.8 million, illustrating the shifting tides of investor sentiment in the crypto market. With money flowing in and out of different investment vehicles, it's a reminder that the crypto landscape is constantly evolving and adapting to changing market conditions.

ALITA MEME Project Issues Compensation for Glitches

The ALITA Binance Chain MEME Project issues full compensation totaling $2.95 million due to technical glitches, demonstrating a commitment to transparency and accountability in the crypto space. With glitches and hiccups being par for the course in the world of blockchain technology, ALITA sets a precedent for responsible project management and investor protection, ensuring that users are fairly compensated for any disruptions to their experience.

Other Crypto Reads

Crypto Pragmatist by M6 Labs

Join over 55k+ subscribers who trust us for crypto-native industry insights & research.

Other Good Reads

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on the WAGMI Podcast