The Block
Digital asset investment products attracted another $1.35 billion in net inflows last week, bringing their latest positive streak to $3.2 billion, according to CoinShares.“Ethereum seems to have turned a corner,” overtaking Solana as the altcoin with the most inflows year-to-date, CoinShares Head of Research James Butterfill said.
The sharp rise in ether options implied volatility (IV) reflects market uncertainty ahead of the launch of spot Ethereum ETF trading.An analyst suggested that there could be immediate sell pressure on ether, followed by a gradual price recovery.
Quick Take Animoca Brands subsidiaries Mocaverse and MOCA Foundation have partnered with TON Foundation. MOCA Foundation and TON Foundation have also entered a token-swap agreement between MOCA and TON to encourage bolstered user activity between the two ecosystems.
Quick Take Ostium co-founder Kaledora Fontana Kiernan-Linn explains how Ostium enables onchain trading of RWA perpetuals
Quick Take Veridise reported that security audits of ZK projects are twice as likely to uncover critical issues as other audit types. Some 55% of the firm’s ZK audits contained a critical issue, compared to 27.5% for other DeFi audits.
Quick Take Mt. Gox transferred 0.021 BTC to a new wallet earlier this morning. One of the recipient addresses is labeled by Arkham as belonging to Bitstamp. Bitstamp was expected to receive bitcoin repayments for Mt. Gox creditors soon.
Quick Take Keplr is integrating support for EVM, aiming to strengthen its functionality as a multi-layer wallet solution. This new integration targets to attract a broader user base, especially those active in both the Cosmos and Ethereum ecosystems.
The Tokyo-listed investment firm said it purchased additional 20.381 BTC ($1.27 million).The latest purchase brings its total bitcoin holdings to 245.992 BTC, or about 2.45 billion yen ($15.5 million).
The price of bitcoin broke the $68,000 level during Sunday night trading.Strong bitcoin ETF performance in the U.S. contributed to the cryptocurrency’s gains, BTC Markets analyst said.
Quick Take A Polymarket user betting on Joe Biden to win the Democratic Presidential nomination, race, and popular vote has lost $2 million following the President’s announcement that he is stepping down as his party’s nominee. Another trader scored a 6,000% increase in their initial bet that Kamala Harris would be the nominee.
