CRYPTO INVESTING
ARK’s $77M crypto-stock buys lift focus as Polymarket sees BTC >$52K at 99%
In June, ARK Invest disclosed about $77 million in crypto-stock buys, led by Coinbase and Circle, even as Bitcoin logged its worst month in four years.
Bitmine Boosts Ether Treasury to 5.54M ETH Amid Weak Prices
Bitmine now controls 4.59% of Ethereum's supply after acquiring 127K ETH. Here's what it means for the market.
South Korean Funeral Firm Faces $33M Loss on Leveraged Ether ETF
Bumo Sarang, a South Korean funeral company, faces a $33M unrealized loss from a leveraged Ether ETF, exposing risks in its nontraditional asset allocation.
Spot Bitcoin ETFs Log $2.12B Inflows in 9 Days, BTC Up 10%
Spot Bitcoin ETFs recorded a 9-day inflow streak totaling $2.12B, signaling strong investor confidence as BTC trades at $77,638, up 10% in April.
a16z Says Privacy Will Create Winner-Take-Most Dynamics in Crypto
a16z crypto's Ali Yahya argues blockspace commoditization makes privacy the only defensible moat, with secrets harder to migrate than assets.
MoneyBox Raises £35m with Plans to Launch ‘Crypto-Investing’
MoneyBox is getting ready to launch its crypto trading service later this year. The firm has announced a $35 million seed funding round to help it accelerate the plan.