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Daily #Web3 Market

15 Aug 2024



State of Wisconsin increases exposure to Bitcoin in Q2 via BlackRock ETF

The State of Wisconsin Investment Board (SWIB) reported owning 2,898,051 shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF) iShares Bitcoin Trust (IBIT) as of June 30, according to an SEC filing. The shares are worth nearly $99 million, based on the average BTC price during the second quarter. Notably, the SWIB raised its exposure to […] Read more


Norwegian sovereign wealth fund’s indirect Bitcoin holdings soar 62% in first half of 2024

The Norwegian Government Pension Fund, commonly known as the Oil Fund, has indirect exposure to Bitcoin that rose by 62% during the first half of this year to the equivalent of 2,446 BTC, according to the Senior Analyst at K33 Research Vetle Lunde. This equates to an increase of 938 BTC since December 2023, when […] Read more


Protocol Village: Solayer Plans Mainnet Within 3 Months, Wormhole Rolls Out 'Era3' Roadmap

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024. Read more


The Protocol: Memecoin Trading Is Suddenly Trump.fun

Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereum developers tee up revamp of the EVM programming environment. Read more


Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price, IntoTheBlock analysts noted. Read more


Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding

The company plans to reach $16 million by the end of a second closing. Read more


Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem. Read more


Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M

The large funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others. Read more


First Mover Americas: BTC Tops $61K, But Traders Remain Cautious

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more


MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet. Read more


TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps

The TON ecosystem, originally started by Telegram, has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users. Read more


Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'

The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce that made it different from Bitcoin and other early distributed networks at the time it launched in 2015. Read more


Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League

Crypto.com's sponsorship of the Champions League will be unveiled officially at Wednesday's UEFA Super Cup match between Real Madrid and Atalanta in Warsaw. Read more


Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain

Tweets from the crypto exchange and Jesse Pollack, the creator of Base, suggest cbBTC could run on the layer-2 blockchain. Read more


Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant

Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months. Read more


Bitcoin Crosses $61K as Traders Remain Cautious Ahead of U.S. CPI, Further Unwinding of Yen Carry Trade

BTC beats the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration. Read more


Goldman Sachs Holds Over $400M in Bitcoin ETFs

Investment banker says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F. Read more


Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance. Read more


Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings

The investment firm disclosed to the SEC that it held more than 5.5 million shares of the iShares Bitcoin Trust in the second quarter of 2024. Read more


Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Read more


New Vanguard CEO: "We will not be launching crypto ETFs."

Vanguard is the second largest ETF issuer after Blackrock. Read more


Exclusive: Fireblocks granted New York charter for crypto custody

The charter allows Fireblocks to offer cold-storage custody to US clients. Read more


Bitcoin falls under $60K as investors' global economic slowdown concerns rise

Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin. Read more


Why is Bitcoin price down today?

Bitcoin price drops below $60,000 even as today’s US CPI report shows year-over-year inflation dropping. Read more


Low CPI print is fodder for Bitcoin to retest all-time highs — Grayscale research head

Bitcoin’s response to the CPI report was surprisingly muted. Read more


BTC price suddenly drops 5% as Bitcoin rejects low CPI print

Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000. Read more


TON, Pyth team up for real-time DeFi data

TON and Pyth’s collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation. Read more


Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses

Despite the falling number of smart contract exploits, hackers could surpass the previous year in terms of total value stolen. Read more


Bitcoin Drops To $59,000 As US Government Moves To Sell More BTC

Bitcoin continues facing sell pressure from both Mt. Gox and the Department of Justice. Read more

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