☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸The Smarter Web Company bought 295 BTC for $35.2M, raising total holdings to 2,395 BTC worth $284.8M, ranking 23rd globally.
🔸BitMine expands its at-the-market equity program to $24.5B to fund more ETH buys, holding 1.15M ETH worth $5B, the largest corporate stash.
🔸ETH tops $4,700, up 40% YTD, as corporate treasuries and ETFs drive record demand, with $9B+ bought in recent months.
🔸ETHZilla stock jumps over 90% after Peter Thiel takes 7.5% stake; firm reveals 82,186 ETH worth $349M plus $238M in cash.
🔸Pantera Capital invests $300M+ in digital asset treasury firms, betting DATs can outperform tokens, highlighting BitMine’s 330% ETH/share growth.
🌟Highlights
🔸Circle to launch Arc, an EVM Layer 1 using USDC as native gas, as Q2 revenue jumps 53% to $658M despite $482M net loss.
🔸Do Kwon pleads guilty to wire fraud and conspiracy in Terra USD collapse case, facing up to 25 years in prison.
🔸Grayscale launches DeepBook and Walrus trusts, giving accredited investors exposure to key Sui ecosystem tokens amid rising DeFi activity.
🔸Binance joins T3+, the crypto crime unit by Tron, Tether, and TRM Labs, which has frozen $250M in illicit assets in under a year.
🔸Coinbase revives Stablecoin Bootstrap Fund to boost USDC and EURC liquidity, starting with Aave, Morpho, Kamino, and Jupiter.
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