Category: Investment

Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla

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Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla

Peter Thiel, the billionaire tech investor and co-founder of PayPal and Palantir, is part of an investor group that holds a 7.5% stake in 180 Life Sciences, which is rebranding as ETHZilla, an Ethereum-focused corporate treasury vehicle, according to a new SEC disclosure. Shares of 180 Life Sciences (ATNF) jumped over 11% at Monday’s close and surged roughly 57% in overnight trading, Yahoo Finance data shows. 180 Life Sciences announced its Ethereum treasury plan in late July. On Monday, the biotech firm said it sold $156 million in senior secured…

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SharpLink Gaming Faces Share Decline Amid $400 Million Ether Acquisition Deal

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SharpLink Gaming Faces Share Decline Amid $400 Million Ether Acquisition Deal

SharpLink Gaming recently announced a $400 million share purchase deal to enhance its Ether holdings. This strategic move is expected to raise its total ETH assets to over $3 billion, positioning the company as a significant player in the cryptocurrency market. Following the announcement, SharpLink’s shares fell over 6.5% to $22.34 but saw a recovery in after-hours trading, gaining nearly 3.5% to $23.10. This volatility reflects investor sentiment and market dynamics surrounding cryptocurrency investments. What are the implications of SharpLink’s Ether purchase? The purchase is expected to enhance SharpLink’s market…

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8% of Ethereum Supply Now Sitting in ETFs or Company Reserves

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8% of Ethereum Supply Now Sitting in ETFs or Company Reserves

Ethereum ETFs and strategic reserves now account for 7.98% of ETH’s total supply, according to data from Strategic ETH Reserve.xyz. This percentage has risen from about 3% as recently as the beginning of April, when no publicly listed company held any Ethereum as a reserve asset. Since then a wave of corporations have added ETH to their treasuries, helping the altcoin to rise from $1,800 in early April to its current price of $4,300. This includes firms such as Bitmine Immersion Tech, The Ether Machine and SharpLink Gaming, which respectively…

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Derp.trade, first derivatives launcher on Solana is now live

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Derp.trade, first derivatives launcher on Solana is now live

Derp.trade is the world’s first derivatives launcher. It’s built on top of pump.fun – Solana’s leading protocol for coin creation. With Derp, users can create memecoins that are instantly tradable with leverage up to 100X. Launched just 24 hours ago, derp.trade is already making noise, with core metrics at: 85+ coins created 2000+ trades in derp markets $1.5M+ trading volume in derp markets $9M+ of trading volume generated on pump.fun 9000 daily active users “Derp.trade launched just eight hours ago, and while we’re still gathering the full numbers, @DerpyOnDerp alone…

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KuCoin launches xStocks, delivering access to global tokenized equities

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KuCoin launches xStocks, delivering access to global tokenized equities

On July 18, 2025, the leading global cryptocurrency exchange KuCoin officially announced the listing of xStocks and that they are joining the xStocks alliance. xStocks are tokenized stocks powered by the Swiss-based company Backed. This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a…

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Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

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Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

Crypto millionaire James Fickel has suffered losses exceeding $43 million since Jan. 10, as his debt on the decentralized lending platform Aave surged to $132 million. Fickel, an early Ethereum investor and the founder of longevity research firm Amaranth Foundation lost over $43.7 million by essentially betting on Ether’s price. Based on the millionaire’s 2024 investments, Fickel expected Ether price to rise against Bitcoin’s when he first borrowed $172 million worth of Wrapped Bitcoin (WBTC) on Jan. 10, according to a Sept. 14 X post by Lookonchain. Since the start…

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Trader earns $23M flipping Solana memecoins

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Bonk buys and sells from the crypto wallet called paulo sol

The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million with BODEN. A memecoin trader cashed out millions in profits from several positions on meme-themed tokens in Solana. On April 26, blockchain analysis firm Lookonchain flagged the movements of a trader with the Solana Name Service account called “paulo.sol.” The crypto wallet realized profits on meme tokens like Dogwifhat (WIF), Jeo Boden (BODEN) and Bonk (BONK). The trader got into BONK as early as Nov. 11, 2023. The user noticed that the memecoin was…

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BlackRock and Fidelity’s spot bitcoin ETFs nab 69% of market share

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Spot Bitcoin ETF Volume Market Share

Grayscale’s market share of cumulative spot bitcoin ETF trading volume dropped to its lowest point last Friday as rival products offered by BlackRock and Fidelity added to their assets under management. With about $30 billion already under management when its spot bitcoin ETF started trading in January, Grayscale’s fund had dominated total daily trading volume. That dominance, however, showed signs of weakening when Grayscale’s ETF closed out Friday, capturing less than 20% of the total trading volume for the first time since the new products launched. Meanwhile, BlackRock and Fidelity’s…

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MicroStrategy buys Bitcoin worth $347M to strengthen its crypto holding

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Ukrajina crypto Bitcoin

On Wednesday, 28 June, MicroStrategy founder Michael Saylor revealed that the renowned firm purchased 12,333 Bitcoin between 29 April and 27 June, spending $347 million. The latest buy saw the company strengthening its crypto holding. MicroStrategy acquired its BTC assets at $28,136 average price. MicroStrategy now has 152,333 Bitcoins, worth more than $4.6B at prevailing prices. The firm is among the largest BTC hodlers. Moreover, MicroStrategy has remained resilient despite challenges plaguing the crypto space. While Michael Saylor has been supporting the leading crypto, even backing BTC’s layer2 platform Lightning…

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Coinbase Stocks Rise Following $100M Settlement With US Regulators

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Coinbase product smartphone

Cryptocurrency exchange Coinbase reached an agreement to pay a $50 million penalty to New York state’s Department of Financial Services to settle accusations that it enabled customers to open accounts without conducting necessary background checks. The regulator stated that Coinbase violated the New York Banking Law and the New York State Department of Financial Services (DFS) virtual currency, money transmitter, transaction monitoring, and cybersecurity regulations. As per the settlement, the crypto exchange is also required to invest $50 million into its compliance program over the next two years. The $100…

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