Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Collector Crypt launched a digital system on Solana where people can buy NFT packs linked to real graded Pokémon cards. Buyers can either keep the NFT or claim the actual card, bringing together digital collecting and physical items.
Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
Pumpfun will launch its PUMP token on 12 July, aiming to raise $600 million by selling 15% of its supply across its own site and Gate.com. Despite the hype, the platform’s revenue and user activity have dropped sharply, while rival LetsBonk is gaining ground.
North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
Invesco and Galaxy filed for a Solana ETF, aiming to give investors regulated access to the SOL token. Another filing proposes a new ETF mixing memecoins and NFTs from the Pudgy Penguins collection, marking a first of its kind in the market.
Sol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US market.
The SEC has asked Solana ETF issuers to quickly update their filings, speeding up the approval process with decisions possible within weeks. This includes allowing staking features, which could boost investor interest and confidence in Solana.
Dubai’s VARA has signed an MoU with the Solana Foundation to advance blockchain innovation and talent development. Despite this, SOL remains over 2% down in the past 24 hours and below its January peak although it saw a slight uptick during the recent Bitcoin-led market pullback.
The SEC raised legal concerns about new Ethereum and Solana ETFs that include staking rewards, saying they may not qualify under current investment rules. REX and Osprey must address these issues before the funds can launch.
Bitcoin surged to a record high but quickly tumbled, reflecting volatile market dynamics. Institutional investment grows amidst regulatory uncertainties, while concerns about Bitcoin's utility persist, leaving investors questioning its long-term prospects.
Cryptocurrency craze persists with meme coins soaring, but Vitalik Buterin warns of investment disparities hindering balanced growth and innovation in the crypto ecosystem. Dogecoin's surge highlights the imbalance as Buterin advocates for a more equitable approach to crypto investments to ensure long-term sustainability and inclusivity.
Temasek is considering investing in OpenAI, a move that reflects growing interest in AI technologies. OpenAI's valuation has surged, with discussions indicating potential support from prominent investors like Temasek.
Notcoin, a popular clicker game on Telegram, now offers players the chance to earn cryptocurrency before its airdrop. With simple tapping mechanics and strategic boosts, users can maximise their Notcoin earnings for potential rewards.
In 2024, the Dogwifhat token surged by 1,400% amidst Bitcoin's rally, sparking investor interest. However, caution is advised as technical analysis suggests a potential downturn, highlighting the need for careful consideration before investing in speculative assets like Dogwifhat.
Spain banned Worldcoin's eye-scanning data collection method due to privacy concerns, while OpenAI, another project by Sam Altman, faces a legal dispute with Elon Musk over alleged deviations from its original objectives.
PoliFi, the fusion of meme coins and politics, sees tokens like Tremp and Boden surge in value on the Solana blockchain, reflecting a playful yet lucrative approach to political betting. With their irreverent charm and potential profitability, PoliFi meme coins offer investors a unique opportunity to engage with both crypto assets and political fervour.
Adobe's innovative Express app with Firefly AI revolutionises mobile content creation, offering intuitive tools and powerful AI capabilities for users worldwide. With features like Text to Image and seamless Creative Cloud integration, Adobe Express empowers creativity on-the-go like never before.
TOKEN2049 Dubai will take place in the Madinat Jumeirah from April 18th-19th 2024, bringing together an estimated 7,500+ attendees from across the globe
Kelexo (KLXO) presale attracts interest from XRP (XRP) and Tether (USDT) whales. XRP (XRP) sees increasing adoption, while Tether (USDT) remains stable. Kelexo (KLXO) offers streamlined lending solutions, with tokens priced at $0.04 in Stage 2 of its presale, emphasizing transparency and security.