Bain Capital Crypto Raising Second Fund: Filing
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman’s Worldcoin.
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Protocol Village: Gnosis DAO Spins off Karpatkey
The latest in blockchain tech upgrades, funding announcements and deals. For May 28- June 7.
Financial
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.
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SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
The judge dismissed the SEC case against DEBT Box last week, after the regulator filed for dismissal without prejudice.
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Ether Price Poised for Supply ‘Shock’ as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
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BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo
BODEN appears to be the winner as first exchange open to U.S. residents lists the election-themed tokens.
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Bitcoin ETFs Resume Inflow Winning Streak; BlackRock’s IBIT Crosses $20B in AUM
After a period of flat to negative flows, the spot ETFs have added $2.4 billion in assets over the past month, according to veri from Bloomberg Intelligence.
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Bitcoin Tops $70K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
All but two assets in the gauge lost ground over the past week, led by UNI’s 14% decline.
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India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
Any plans for comprehensive crypto legislation could be kicked further down the road after a weaker-than-forecast showing for the governing party.
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Options Traders Brace for Volatility as BNB Nears Record High
In anticipation of volatility, a number in the market are purchasing puts with with strikes in the $550-$650 range.