Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.
Financial
Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
Fees spiked to as high as 270 gwei late on Thursday, the veri shows, temporarily touching a level last seen in June 2022.
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
The news comes a day after HSBC, one of the world’s largest banks, said it plans to start a digital-assets custody service for institutional clients.
CME Topples Binance as Top Bitcoin Futures Exchange as Crypto ETF Excitement Soars
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world’s largest asset manager has already made waves by seeking to list a bitcoin ETF
Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August
BTC and ETH both surged to milestone levels amid bitcoin ETF optimism, but some shorts and longs got badly burned.
Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
The iShares Ethereum Trust was registered as a corporate entity in the state of Delaware earlier Thursday.
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.