Wednesday Top Crypto News
In one short thread…
Yesterday, the spot Bitcoin ETFs saw a total net inflow of $403 million, marking nine consecutive days of net inflows.
Spot Ethereum ETFs recorded a total net inflow of $192 million, marking eight consecutive days of net inflows.
A Cantor Fitzgerald-backed investment vehicle is in late-stage discussions to acquire nearly $4 billion in crypto amid an industry surge in special purpose acquisition company activity…
The SPAC would receive 30,000 BTC and raise up to $800M in outside capital to expand holdings.
The deal follows Cantor’s earlier $3.9B Bitcoin venture with Tether, Bitfinex, and SoftBank.
According to an SEC filing, Peter Thiel, co-founder of PayPal and prominent Silicon Valley investor, indirectly holds a total of 5,094,000 shares of common stock in Bitmine Immersion Technologies, Inc. through multiple affiliated entities, representing 9.1% of the outstanding shares.
Uniswap President and COO Mary-Catherine Lader has announced her departure, concluding a four-year tenure and beginning a new chapter.
Lader previously led digital asset initiatives at BlackRock and joined Uniswap Labs in 2021, where she worked alongside founder Hayden Adams to advance the protocol’s development.
Thirteen Republicans voted against a the Genius Act on Tuesday, fearing the Act could enable a central bank digital currency, even with an anti-CBDC bill attached.
President Trump met with 11 of the GOP holdouts Tuesday night and announced they agreed to support the rule in a re-vote, putting the bills back on track.
Crypto majors trade at the following levels
BTC 118,100 (up 1% in 24 hours)
ETH 3,160 (up 6%)
XRP 2.932 (up 2.7%)
SOL 163.97 (up 2.2%)
Have a great day!
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