A Bloomberg report has revealed that former Blackstone Inc. executive Chinh Chu and Reeve Collins, co-founder of stablecoin giant Tether, are teaming up to raise $1 billion for a listed crypto vehicle that aims to build a portfolio of digital assets. The capital is being raised through M3 Brigade Acquisition V Corp, a Special Purpose…
Digital asset funds extended their weekly inflow streak to ten weeks, drawing $1.24 billion and lifting 2025’s cumulative inflows to a new peak of $15.1 billion. That said, trading activity cooled toward the week’s end, which, according to CoinShares, is likely influenced by the Juneteenth observance in the US and reports of escalating American involvement…
A new report from Flashbots has warned that Maximum Extractable Value (MEV) is quietly becoming one of the biggest roadblocks to blockchain scaling. According to the research, rampant “spam auctions” driven by MEV searchers are systematically consuming most of the new capacity on high-throughput chains like Solana and Ethereum Layer-2s (L2s), neutralizing scaling gains and…
MemeStrategy, a Hong Kong-based digital asset company, has announced the open market purchase of 2,440 units of Solana’s native SOL token. This makes it the first publicly listed company in Asia to invest in the sixth-largest cryptocurrency by market cap. An Investment in SOL’s Long-Term Value According to a company press release, the acquisition was…
As anticipation builds across the crypto market over which altcoin exchange-traded funds (ETFs) will receive a go-ahead from the U.S. Securities and Exchange Commission (SEC), Bloomberg analyst James Seyffart has raised the odds for it happening. According to his latest forecast, the chances for Solana (SOL) and Litecoin (LTC) spot ETFs being greenlighted stand at…
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive…
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25 cycle, which revealed both volatility and capital flow patterns that contrast sharply with prior cycles and competitor assets like Bitcoin and Solana. Ethereum Faces Significant…
After an unprecedented 80-week streak of inflows, XRP faced a sharp reversal with outflows totaling $37.2 million – the highest on record. This drop came despite a strong performance from broader digital asset investment products, which attracted $3.3 billion in inflows last week. According to CoinShares, the inflows brought the six-week inflow streak to a…
For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong…
As high gas fees push users toward alternative platforms, Uniswap’s recently introduced Layer 2 network, Unichain, aims to enhance user experience and maintain its competitive edge in the decentralized exchange space. In fact, the network is already nearing a $12 billion milestone in total trading volume just three months after it hit mainnet. Unichain’s Rapid…
