Justin Sun-backed SRM Entertainment rebrands to Tron Inc., stock pops 57%
SRM Entertainment rebrands to Tron Inc., becoming the largest publicly traded holder of TRX tokens. The stock surged 57% as the company shifts focus to digital asset treasury management.
Bitcoin’s Reputation As An Inflation Hedge Still Holding Strong In Investor Circles | Bitcoinist.com
Bitcoin’s reputation as an inflation hedge remains strong among investors, with figures like Ryan Cohen endorsing its value. Institutions continue acquiring BTC, reinforcing its role as digital gold.
Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance
Odds of a September Fed rate cut rise to 56.1% amid uncertainty over Jerome Powell’s future as Fed Chair, while July rates are expected to remain steady at 97.4% probability.
Bitwise Report: Stablecoins, RWAs & BTC Futures Hit Highs
Bitwise Asset Management reports U.S. pro-crypto reforms, including a Strategic Bitcoin Reserve and SEC lawsuit dismissals. Despite regulatory progress, crypto markets declined, while stablecoins and RWAs saw significant growth.
The Cost Of Self Custody: TANSTAAFL
The article discusses the complexities of self-custody in Bitcoin, highlighting the cost of enforcing ownership on-chain and its impact on Layer 2 solutions like Lightning and Statechains.
$3,500,000,000 in Profits Locked In by Bitcoin Investors in Just 24 Hours As BTC Printed New All-Time Highs: Glassnode – The Daily Hodl
Bitcoin investors locked in $3.5 billion in profits within 24 hours as BTC hit new all-time highs, with long-term holders taking 56% of profits, according to Glassnode.
SharpLink Now Largest Corporate Holder of ETH, Surpassing Ethereum Foundation
SharpLink Gaming has become the largest corporate holder of ETH, surpassing the Ethereum Foundation with over 280,000 ETH worth $900 million, acquired in a week-long buying spree.
Talos to Buy Coin Metrics Amid Surge in Crypto M&A Activity – Decrypt
Talos acquires Coin Metrics in a major crypto M&A deal, enhancing institutional services. The undisclosed deal, reportedly worth $100 million, reflects growing consolidation in the crypto sector amid rising asset prices.
Ripple Developers Propose New Metadata Standard On XRP Ledger For MPTs
RippleX proposes a new metadata standard for Multipurpose Tokens on the XRP Ledger to improve discoverability and usability, offering optional adoption for developers.
House Votes to Advance GENIUS Stablecoin Bill, Crypto Market Structure Act – News Bytes Bitcoin News
The U.S. House advanced the GENIUS Stablecoin Bill and Crypto Market Structure Act, creating federal oversight for stablecoins and market rules via a narrow 215-211 vote.
