EIGEN, the native token of EigenCloud (formerly EigenLayer), is showing signs of compression on the charts just as a $1.6 million token unlock approaches. The token is trading at $1.34, down 8% over the past 24 hours, but still holding…
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Ethereum retraces from $3,900 local top but declining exchange reserves signal more upside [btcmanager]
Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While…
Cathie Wood’s ARK Invest taps SOL Strategies for Solana staking [btcmanager]
ARK Invest has migrated its Solana validator operations to Toronto-based SOL Strategies, a publicly traded firm with deep roots in crypto’s institutional infrastructure. The move signals a growing preference for specialized staking providers over traditional custodians. According to a press…
SEC pushes back decision on Truth Social Bitcoin ETF to September [btcmanager]
The US Securities and Exchange Commission won’t decide on the Truth Social Bitcoin ETF until at least Sept. 18. On Monday, the Commission said it had extended the review period for the proposed fund, which NYSE Arca submitted on behalf…
Plasma stablecoin layer 1 raises $373M in oversubscribed token sale [btcmanager]
Plasma, a stablecoin-focused layer 1 blockchain, has raised $373 million in a public token sale, positioning itself as a major new player in the stablecoin infrastructure space. According to a statement on Plasma’s official X account, the company raised $373…
Plasma stablecoin layer 1 raises $373M in oversubscribed token sale [btcmanager]
Plasma, a stablecoin-focused layer 1 blockchain, has raised $373 million in a public token sale, positioning itself as a major new player in the stablecoin infrastructure space. According to a statement on Plasma’s official X account, the company raised $373…
Coinbase allegedly in talks to acquire India’s CoinDCX for under $1B following $44M hack [btcmanager]
Coinbase is in advanced talks to acquire CoinDCX after a $44M hack, offering less than half of what CoinDCX was valued at in the last bull market. Coinbase is allegedly in advanced negotiations to acquire CoinDCX, India’s largest cryptocurrency exchange,…
Coinbase allegedly in talks to acquire India’s CoinDCX for under $1B following $44M hack [btcmanager]
Coinbase is in advanced talks to acquire CoinDCX after a $44M hack, offering less than half of what CoinDCX was valued at in the last bull market. Coinbase is allegedly in advanced negotiations to acquire CoinDCX, India’s largest cryptocurrency exchange,…
Gallup finds crypto’s U.S. footprint is shallow, uneven, and not growing fast [btcmanager]
Despite surging adoption since 2021, cryptocurrency remains a hard sell for most Americans. New Gallup data reveals a stark divide: while 14% of U.S. adults own crypto, 60% have zero interest. Even as regulation takes shape, distrust runs deep. A…
Mill City goes all-in on Sui with $450m treasury strategy [btcmanager]
Mill City Ventures is committing $450 million to Sui, positioning itself as a bridge between traditional finance and blockchain’s next wave. With elite backers like Galaxy and Pantera, the move may accelerate Sui’s path to mainstream institutional use. On July…