Volcon Raises $500M for Bitcoin Strategy
Volcon, a Nasdaq-listed electric vehicle maker, has raised over $500 million to kickstart its bitcoin treasury strategy in partnership with Gemini.
Source: theblock.co —
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Ark Invest Sells $90M in Coinbase Shares
Ark Invest, led by Cathie Wood, has divested $90M in Coinbase shares while trimming holdings in Robinhood and Block, reflecting its rebalancing strategy.
Source: theblock.co —
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xTAO Lists Shares on TSXV, Raises $22.8M for Bittensor
xTAO has received final approval to list its shares on the TSX Venture Exchange, raising $22.8 million to boost Bittensor's decentralized AI ecosystem.
Source: theblock.co —
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Ethereum ETFs Reach New Heights: $2.18B Inflows
Ethereum ETFs have set record inflows of $2.18 billion in just a week, with the iShares Ethereum Trust ETF leading the charge.
Source: theblock.co —
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Shenzhen's New Focus on Digital Currency Research
Shenzhen is set to enhance its digital currency research under a new initiative supported by the state. This move aligns with China's digital currency developments.
Source: theblock.co —
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Roman Storm's Trial May Face Mistrial
Roman Storm's trial is encountering challenges as defense attorneys consider a mistrial over questionable witness testimony regarding Tornado Cash.
Source: theblock.co —
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Strategy Launches New Preferred Stock Offering
Strategy has launched its fourth offering of perpetual preferred shares, enhancing its Bitcoin investments.
Source: theblock.co —
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Bit Origin's First Dogecoin Purchase Announced
Bit Origin has made its first purchase of 40.5 million Dogecoin tokens as part of its newly established corporate treasury, aiming to utilize DOGE for micropayments.
Source: theblock.co —
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Bitcoin Dominance Dips as Ethereum Surges
Bitcoin's dominance has fallen to 58% as Ethereum sees significant growth, impacting the broader crypto market dynamics.
Source: theblock.co —
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DeFi Development Corp Expands Solana Holdings
DeFi Development Corp has expanded its Solana treasury holdings to 999,999 SOL, valued at around $192 million. This growth follows significant investment activity.
Source: theblock.co —
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Mercurity Fintech to Launch $200M SOL Treasury
Mercurity Fintech announced a $200 million equity line of credit with Solana Ventures to build a treasury focused on Solana tokens and projects.
Source: theblock.co —
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Justin Sun Joins Blue Origin’s NS-34 Mission
Justin Sun, founder of Tron, will participate in Blue Origin's next mission following his $28 million bid for a seat in 2021.
Source: theblock.co —
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Ethena Foundation Launches SPAC for ENA Token
The Ethena Foundation is launching StablecoinX, a SPAC aimed at purchasing ENA tokens worth $360 million to enhance its crypto treasury strategy.
Source: theblock.co —
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Trump Media's Bitcoin Holdings Surpass $2 Billion
Trump Media has revealed its Bitcoin treasury has reached nearly $2 billion, marking a significant step in its cryptocurrency strategy.
Source: theblock.co —
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MoonPay Introduces TRON Wallet for Easy Crypto Access
MoonPay has launched a TRON wallet for seamless transactions, enhancing user experience within the crypto economy.
Source: theblock.co —
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