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$108 billion VanEck CEO says he owns “way over 30%” of his portfolio in Bitcoin
https://x.com/BitcoinMagazine/status/1816848786284532133
OKX and Bitget will list Layer3 (L3) on July 30th at 10:00 UTC
https://x.com/layer3xyz/status/1816750114142134748
💧Current state of the market in our weekly overview
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Sophon added AZUR, USDT, WBTC pools for farming
https://x.com/sophon/status/1815767060774834329
Spot ETF Flow for 25.07: BTC-ETF +$31.1M, ETH-ETF -$152.4M
https://farside.co.uk/?p=1518
Jersey City is in the process of allocating its pension fund to buy Bitcoin ETFs, according to Mayor of Jersey City
https://x.com/StevenFulop/status/1816452663191450015
VanEck predicts Bitcoin could hit $2.9 million by 2050
The report says, that BTC will represent 10% of international trade settlement and 5% of GDP.
Meanwhile, it will reach a 2.5% weight in international currency reserves.
https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-bitcoin-2050-valuation-scenarios-global-medium-of-exchange-and-reserve-asset/
Clearpool launches on Arbitrum with USDC 18 million of loans already originated to Bastion Trading and Flow Traders
Clearpool has also received a grant in ARB from the Arbitrum Foundation to support the protocol's growth and technical development.
https://x.com/clearpoolfin/status/1816460289992458352
The Jito Foundation has released the code for Jito Restaking, a next-generation hybrid staking, restaking, and LRT module.
1. Vault Program manages the creation and operation of Liquid Restaking Tokens (LRTs), supports any/multiple SPL tokens as the underlying asset.
2. Restaking Program facilitates the creation and management of AVS’s and operators, coordinates the relationships between AVS’s, operators, and vaults
https://www.jito.network/blog/announcing-jito-restaking/
Michael Novogratz’s Galaxy Raises $113 Million for a New Crypto Venture Fund
The firm will continue to fund raise to meet $150 million target.
It will seek to build a portfolio of approximately 30 investments.
https://www.bloomberg.com/news/articles/2024-07-25/michael-novogratz-s-galaxy-raises-113-million-for-a-new-crypto-venture-fund
Proton, the Switzerland-based company, better known for its secure email, VPN and storage services, is now launching its crypto wallet Proton Wallet
https://techcrunch.com/2024/07/24/proton-releases-a-self-custody-bitcoin-wallet/
The prediction market platform Polymarket just crossed $1B in total value processed, making it the most successful crypto consumer app to date.
https://x.com/SchorLukas/status/1816190429551026541
The Layer3 Foundation has announced the eligibility checker for the initial distribution of the L3 protocol token.
The L3 distribution is allocated to community members based on:
▫️All historical + current activity
▫️CUBE credentials
▫️Level & quests completed
▫️Consistent participation, achievements & daily gm’s
▫️Bridge & swap volume
To qualify for the early user & S1 distribution, you needed at least 50 CUBE credentials by May 10, 2024.
To qualify for the S2 distribution, you needed to mint the soulbound Trident NFT by July 22nd, 2024.
https://layer3foundation.org/blog/allocation-checker-is-live
Mt. Gox creditors to start receiving bitcoin and bitcoin cash from Bitstamp on Thursday
https://x.com/Bitstamp/status/1816133303549800768
Caldera has raised $15 million in a Series A funding round.
Peter Thiel's Founders Fund led the round, with participation from Dragonfly, Sequoia Capital, Arkstream Capital, Lattice and others, Caldera said Wednesday.
The Series A round brings Caldera's total funding to $25 million, with the firm having previously raised $10 million last year.
Caldera is a rollup-as-a-service platform that helps developers quickly launch their own application-specific chains based on tech stacks such as Optimism's OP Stack, ZKsync's ZK Stack, Arbitrum Nitro and Polygon CDK.
Caldera says it has helped over 50 projects launch their rollups, including Manta Pacific, Injective, ApeChain, Plume Network, Kinto, RARI Chain and Zero Network by Zerion. These rollups collectively hold over $800 million in total value locked and have completed more than 59 million transactions across 1.7 million unique wallets, according to Caldera.
https://www.theblock.co/post/307187/peter-thiel-founders-fund-ethereum-caldera-funding
Bitstamp distributed all BTC and BCH to Mt.Gox creditors
https://x.com/Bitstamp/status/1816844789716861390
Synnax is launching its Telegram mini app SynQuest in August
https://x.com/synnaxtech/status/1816821487258788205
💧 Top DEXs by Trading Volume Growth in the Last Week
👉 https://dropstab.com/categories/dex
Asset manager Blackrock sees “very little interest” among clients in crypto beyond Bitcoin (BTC) and Ethereum (ETH) and doesn’t foresee many crypto exchange-traded funds (ETFs) outside of those two core digital assets, according to Robert Mitchnick, BlackRock’s head of digital assets, speaking at the Bitcoin2024 conference on July 25 in Nashville, Tennessee.
https://cointelegraph.com/news/blackrock-foresees-very-little-interest-crypto-etfs-beyond-bitcoin-ethereum-bitcoin2024
RFK Jr. says he'd make the government buy $615 billion in Bitcoin
If elected, Kennedy says he wants the United States’ Bitcoin reserves to match its gold reserves.
https://decrypt.co/241670/rfk-government-buy-615-billion-in-bitcoin
Illuvium is now live
https://x.com/illuviumio/status/1816537026734297109
https://illuvium.io/play-now
The crypto market is growing
BTC Dominance - 54.93%
Market Cap - $2.41T
BTC - $67,020.02 (+4.55%)
ETH - $3,236.47 (+2.38%)
BNB - $578.1 (+3.77%)
ZRO - $4.52 (-0.54%)
ZK - $0.159 (+0.67%)
STRK - $0.522 (+1.64%)
AVAIL - $0.1923 (-7.51%)
https://dropstab.com
aPriori, a liquid staking platform building on the Monad blockchain, has raised $8 million in a seed funding round led by Pantera Capital.
Other investors in the round included Consensys, OKX Ventures, CMS Holdings, ABCDE, Gumi Cryptos Capital, Flow Traders, Laser Digital, Chorus One, Everstake Capital and Staking Facilities, aPriori said Thursday. Angel investors, including Spencer Noon of OurNetwork, Marc Tillement of Pyth Network, Robinson Burkey of Wormhole Foundation, TN Lee of Pendle Finance and Zano Sherwani of Jito Labs, also joined the round.
The seed round brings aPriori's total funding to $10 million. Last year, the project raised $2 million in pre-seed funding co-led by Hashed and Arrington Capital.
https://www.theblock.co/post/307499/monad-liquid-staking-platform-apriori-100-million-token-valuation-funding
Neo announces that the Neo X MainNet is officially live
More details about Neo X:
▫️dBFT Governance
For the initial period following MainNet launch, the Neo X network is going to be driven by StandBy validators to ensure consensus process stability and proper network connectivity.
▫️Ethereum Virtual Machine compatibility
The Neo X MainNet node version is based on the v1.13.11 Geth node implementation with the Shanghai hardfork supported as the latest one from the list of newly-added Ethereum forks.
▫️Enveloped transactions
▫️Native bridge
The US $20 million Neo X Elevate Program will drive ecosystem growth, providing essential resources and support to projects and developers.
https://neo.org/blog/details/4311
Morpheus, a decentralized AI project from Lumerin, goes live on Arbitrum test network
https://www.coindesk.com/tech/2024/07/25/morpheus-decentralized-ai-project-from-lumerin-goes-live-on-arbitrum-test-network/
Net inflows in ETFs for 24.07: BTC-ETF +$44.5m, ETH-ETF -$133.3m
https://farside.co.uk/?p=1518
The pro-crypto Republican Sen. Cynthia Lummis of Wyoming plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference
https://www.foxbusiness.com/politics/wyoming-sen-lummis-plans-announce-legislation-strategic-bitcoin-reserve-nashville-conference
The crypto market is down
BTC Dominance - 54.34%
Market Cap - $2.32T
BTC - $64,010.01 (-2.9%)
ETH - $3,168.81 (-7.9%)
BNB - $556.6 (-4.58%)
AVAIL - $0.2089 (+16.44%)
ZK - $0.158 (-10.08%)
STRK - $0.514 (-9.43%)
ZRO - $4.55 (-8.22%)
https://dropstab.com
Kamala Harris will not be speaking The Bitcoin Conference
https://x.com/DavidFBailey/status/1816114440569323713
deBridge has successfully taken the Season 1 Snapshot on July 23, 2024, 21:00 UTC.
deBridge is set to issue a governance token, DBR, on the Solana blockchain next month.
https://x.com/deBridgeFinance/status/1816081007709397369
https://www.coindesk.com/markets/2024/07/24/cross-chain-service-debridge-to-issue-governance-token-completes-activity-snapshot/