Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.
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Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
The news comes a day after HSBC, one of the world’s largest banks, said it plans to start a digital-assets custody service for institutional clients.
Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
Asset management giant BlackRock registered a Delaware company for a spot ether trust, fueling speculations about a potential ETF filing.
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.