Odaily Planet Daily News According to NLNico, Volcon, a US-listed electric car company, announced its first purchase of 280.14 bitcoins and has completed more than $500 million in private financing to support its bitcoin purchase plan. It is reported that the company has previously reached an agreement with a number of institutions and qualified investors to privately issue 50,142,851 common shares at a price of $10 per share, and it is expected to raise more than $500 million after deducting expenses. The financing was led by Empery, and the participants included FalconX, Pantera, Borderless, RK Capital, Relayer Capital and other crypto venture capital companies and traditional financial institutions. Volcon has previously announced the adoption of a Bitcoin financial strategy and included it in the company's reserve asset allocation.

According to BlockBeats, Strategy has announced the issuance of 5 million shares of STRC stock, marking the official launch of its initial public offering (IPO). The company stated that the funds raised from the IPO will be allocated for general corporate purposes, including the purchase of Bitcoin.

According to BlockBeats, recent monitoring by Farside indicates substantial net outflows from several investment products. ARKB experienced a net outflow of $77.5 million, while GBTC saw a net outflow of $36.7 million. Additionally, BITB reported a net outflow of $1.9 million. These figures highlight notable movements in the investment landscape.

According to BlockBeats, GameSquare, a Nasdaq-listed media and entertainment company, recently acquired approximately 8,351 Ethereum (ETH) at a weighted average price of around $3,592, totaling about $30 million. The company announced on Monday that its board of directors has increased the authorization for managing its digital asset treasury from $100 million to $250 million. As part of this initiative, the board also approved a new NFT revenue strategy with an initial allocation of $10 million. GameSquare has formed strategic partnerships with Ryan Zurrer from Dialectic and Rhydon from Goff Capital to jointly manage and optimize its crypto asset treasury project. The updated treasury framework will enable GameSquare to actively invest in high-quality Ethereum ecosystem assets and achieve sustainable returns of 6% to 10% annually through stablecoin yield strategies. To date, GameSquare has purchased $35 million worth of ETH within its $250 million authorization. As of July 21, the company holds approximately 10,170.74 ETH.

According to BlockBeats, Goldman Sachs has noted that market participants increasingly believe the Federal Reserve's independence is at risk. This concern arises as the five-year forward inflation swap rate has recently deviated upward from its long-standing close correlation with the two-year Treasury yield.

According to the Wall Street Journal, the resulting entity will be called Ether Machine, with plans to accumulate over $1. 5 […] The post Kraken, Blockchain. source: https://coindoo.com/kraken-blockchain-com-back-new-ethereum-reserve-company/

Ethereum’s derivatives market has erupted in the past seven days, and the trading desk at Singapore-based QCP Capital argues it is the clearest evidence yet that a long-anticipated altcoin season is finally under way. In a note to clients on Monday, the firm says total perpetual open interest (OI) in ether futures has vaulted from “under $18 billion to more than $28 billion in just a week,” a jump large enough to drag the composite “altcoin-season index” above the critical 50-point threshold for the first time since December. Altcoin Season Ignites As Ethereum Outpaces BTC While it’s no surprise that retail may be chasing the momentum, it’s becoming increasingly clear that institutions are leading the charge this cycle, driven by a shift in narratives and structural developments,” QCP writes, pointing to the unusually large sizing of recent block trades on CME and Binance. Related Reading: Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts QCP singles out last Friday’s signing of the GENIUS Act as the pivotal spark behind the rotation source: https://www.newsbtc.com/news/ethereum-oi-28-billion-altcoin-rotation-begins-qcp/

The latest XLM price surge has generated new interest in the token, with investors wondering how high it could go next. XLM Price Prediction discussion is building, especially as the token has risen 1. 89% to $0. 4710. While Stellar is making headlines, however, another newcomer is pushing through the doors — Remittix (RTX), a cross-border crypto. . . source: https://crypto-economy.com/xlm-price-prediction-stellar-surge-to-continue-why-remittix-is-being-called-xlm-on-steroids/

Traders tracking the Uniswap (UNI) price prediction have seen the token hold firm near $9, sparking talk of a possible push toward $10. Meanwhile, VeChain (VET) remains on bullish footing as it clings to support above $0. 028 and edges toward resistance at $0. 03. These two coins reflect the typical hunt for breakout moves in bullish. . . source: https://crypto-economy.com/blockdags-346m-presale-leaves-uniswap-stagnant-and-vechain-struggling-heres-why-buyers-are-rushing-in/

Odaily Planet Daily News According to the monitoring of crypto analyst Ember @EmberCN, an address once again hoarded 25,213 ETH through FalconX 2 hours ago, with a transaction amount of approximately US$94.66 million. This address has continued to increase its holdings recently, and the current cumulative hoarding of ETH has reached 72,333, with a total value of approximately US$272 million, and an average purchase price of US$3,618.

Golden Finance launches the 2762nd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Amid the craze, stablecoins in policy expansion are no longer a pure "Web3" narrative.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

As of March 2025, there are 75 mining companies officially registered in Kazakhstan.

The future has come, but where it will go requires each of us to stay awake and keep asking questions.

Stablecoin-based payments are the inevitable future. Just as issuance is important, distribution is equally important.

ETH, cryptocurrency, your "scarcity mentality" is the biggest enemy of crypto trading. Golden Finance, it's not the market, it's not the whales, and it's not manipulation.

Recommended readings tonight: 1. a16z: After the GENIUS Act, the CLARITY Act is more urgently needed; 2. Ethereum sprints to $4,000: What happened? 3. Can ETH really replicate the MicroStrategy Summer boom? ;

SOLANA, Threat Intelligence: Analysis of Solana's Open Source Robot Stealing Coins Golden Finance, Be highly vigilant against GitHub projects of unknown origin.

This round of MicroStrategy Summer is more like a "big training exercise" for Crypto to enter the mainstream financial system. If it succeeds, everyone will be happy, and if it fails, it will only be a small joy.