🌟 😅 ‘Ethereum Survives the SEC’
In today’s edition: 🚀 BTC & ETH ETF allocations, 🔻 ARB hits lows, 🔥 ZKsync’s top 3 token delegates, ⏰ Time.Fun $1M volume, and more!
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Anthony Scaramucci on Why He Supports Biden and Thinks He, Not Trump, Is Best for Crypto
The political landscape in the US is heating up with the November elections, and the crypto industry is watching closely.
In this episode, Anthony Scaramucci, founder of SkyBridge, doesn’t mince words and explains why he believes Joe Biden is the best choice—even for the crypto voter—in the upcoming election, the significance of the Ethereum ETF approval, and how the industry has overcome significant regulatory hurdles.
Scaramucci also shares his insights on the future of Bitcoin ETFs, the role of younger generations in driving crypto policy, and why Solana might be the next big thing.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Or watch it on YouTube.
What’s Poppin’?
by Sage Young and Sam Sriram
ETH Whales On the Move as ‘Ethereum Survives the SEC’
An Ethereum whale acquired over $19 million ETH after Consensys said that the SEC was closing its investigation into Ethereum 2.0.
What Will Allocations Look Like in Combined Bitcoin and Ethereum ETFs?
After the first combined ETF was filed today, what will other issuers do regarding the allocation to BTC and ETH?
Arbitrum’s Market Cap Has Grown, But the ARB Token Is Near Its All-Time Low
Even though its price has slumped over the past year, ARB’s market cap has grown over 75% to $2.23 billion, as a result of heavy token unlocks. Over the next three years, the remaining 36% of Arbitrum’s total supply will be unlocked.
Who Are the Top 3 Delegates of ZKsync’s New Governance Token?
Ethereum scaling solution ZKsync’s top three delegates hold over a third of the protocol’s delegated governance tokens.
Time.Fun, Where Users Tokenize Time, Is on Base, But Has Attracted Solana Influencers
Since launch less than 24 hours ago, Time.Fun has generated over $1 million in trading volume and has attracted the attention from prominent memecoin trader Ansem and Mert Mumtaz, the co-founder of developer platform Helius.
Bitcoin Investors Are Bored Despite 120% in Unrealized Profit: Glassnode
The average holder has an unrealized profit of around 120%, but “investor boredom” is still dominant across the market, say analysts at Glassnode.
Daily Bits… ✍️✍️✍️
🔍 Martin Shkreli claimed he was behind the DJT token with Barron Trump after initially denying involvement, amidst speculation and investigation by ZachXBT and GCR.
📄 Ethereum ETF issuers reportedly addressed recent feedback from the SEC, aiming to finalize their S-1 forms by Friday to proceed with approvals for trading.
💸 LayerZero Foundation introduced an eligibility checker for its upcoming airdrop, confirming that 1.28 million wallets qualify, according to CEO Bryan Pellegrino.
💰 Lens Protocol received a major token offer from ZKsync, amounting to approximately $22.4 million, to build on their layer 2.
Today in Crypto Adoption...
📰 Fox Corporation onboarded TIME as its first external publishing partner on its Polygon-based Verify protocol, which enables media content to be cryptographically signed on the blockchain and then used to independently verify content is coming from a trusted source.
The $$$ Corner…
🚀 The Ethereum restaking protocol Renzo raised $17 million in funding rounds led by Galaxy Ventures and Brevan Howard Digital Nova Fund, following a $3.2 million seed round in January.
💰 Sonic, a gaming-focused layer 2 blockchain on Solana, closed $12 million in a Series A round led by Bitkraft, with Galaxy Interactive and Big Brain Holdings also participating.
What Do You Meme?
📈 Your Market Update 📉
BTC is down 0.1%, trading at $65,452
ETH is up 3.7%, trading at $3,552
BTC dominance: 51.52%
Crypto market cap: $2.5T
*All data as of today, 07:00 am ET. Source: CoinGecko
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