top of page

Daily #Web3 Market

21 Jun 2024:

Bullish sign for Ethereum as exchange balances drop

This week has been eventful for Ethereum, with the launch of spot ETH ETFs imminent by the end of summer. The SEC has closed its long-running investigation into Ethereum 2.0, determining that the sales of ETH did not constitute securities transactions. The June 19 decision is a culmination of a streak of good news. Read more

Public companies adopting Bitcoin as treasury asset see shares soar

Examining the share price performance of publicly traded companies that have adopted Bitcoin as a treasury asset, excluding mining companies, the most notable example is MicroStrategy. The share price soared from around $130 in August 2020 to $1,300 by March 2021. Read more

Canada’s 3iQ Files to List Solana ETP in Toronto

3iQ has filed to list a new Solana ETP on the Toronto Stock Exchange. The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network. Read more

Crypto for Advisors: Crypto Trends

The digital asset market has begun transitioning from early adoption to mass adoption. Industry leadership, product development, and fiduciary commitment have seen a sea change, sweeping crypto in 2023 and early 2024. Read more

Telegram Is Crypto’s Adoption Machine

Telegram is onboarding the masses and ushering in a new era for public blockchains, according to David Zimmerman, a research analyst at K33 Research. Read more

Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting

Fireblocks has added ‘one-click’ audits and tax reporting, integrating with accounting software like QuickBooks, Xero, and NetSuite. Read more

Michael Saylor’s MicroStrategy Acquires 11.9K More Bitcoin for $786M

MicroStrategy acquired 11.9K more Bitcoin for $786M, bringing its total holdings to 214,400 bitcoins worth about $14 billion. Read more

First Mover Americas: Crypto Assets Rally With BTC Returning to $66K

The latest price moves in Bitcoin and crypto markets are in context for June 20, 2024, as detailed in CoinDesk’s daily newsletter First Mover. Read more

Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities

Project Helvetia’s next two-year phase will see more financial institutions and transaction types joining in. Read more

VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Biggest Stock Exchange

VanEck’s Bitcoin ETF, the first spot bitcoin exchange-traded fund on the Australian Securities Exchange, debuted on Thursday. Read more

Marathon’s Layer-2 Chain, Anduro, Plugs In ‘Portal to Bitcoin’ for Atomic Swaps

Marathon has begun incubating Anduro, a platform built on the Bitcoin network allowing for the creation of multiple sidechains. Read more

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said. Read more

Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch

LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue. Read more

Bitwise’s latest Ethereum ad can be minted as an NFT

Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors. Read more

Solana ETF in the works: 3iQ files for new ETP in Canada

3iQ has filed to list a new Solana ETP on the Toronto Stock Exchange. The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network. Read more

9 views0 comments

Recent Posts

See All

Daily #Web3 Market

19 Jul 2024 Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies Bitcoin prices are dropping towards $63,000 as speculation mounts about President Joe Biden potentially dropping

Daily #Web3 Market

18 Jul 2024 In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms Spot ether exchange-traded fund (ETF) issuers have submitted their final documents needed in ord

Daily #Web3 Market

17 Jul 2024 Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally Bitcoin has reached $65,000, overcoming concerns about the Mt. Gox payout. XRP has been leading the crypto mark


bottom of page