News
Shares of Bitcoin mining companies have fallen sharply recently, with Marathon, Riot and CleanSpark falling for three consecutive days and the Valkyrie Bitcoin Miner ETF down about 28% this month. The rise of Bitcoin ETFs could cause miner stocks to lose their appeal. Link
Federal Reserve Chairman Powell stated on Tuesday that recent data haven't bolstered confidence that inflation is moving towards the central bank's 2% target. He noted that, given the robustness of the labour market and the progress made on inflation so far, it's suitable to give the restrictive policy more time to take effect and to be guided by upcoming data and the changing economic outlook. Link
According to Bloomberg, Hidden Road Partners, a prime brokerage focusing on cryptocurrency and FX, supported by Citadel, is currently raising a Series B equity round. This funding round is anticipated to value the company at approximately $1 billion and aims to raise around $120 million. Marc Asch established the company in 2018. Link
Kraken Wallet enables users to handle their NFTs, tokens and DeFi positions across eight different blockchain networks. To enhance the wallet's security through third-party reviews, the firm has made the app's open-source code available on GitHub. Link
Projects
Sui - BytePlus, the innovation division of ByteDance, the largest unicorn company globally, is venturing into blockchain technology with Sui. In collaboration with Mysten Labs, BytePlus plans to enhance its recommendation systems and augmented reality offerings to support gaming and social applications. Link
Worldcoin - The cryptocurrency initiative started by OpenAI CEO Sam Altman, has revealed plans to launch World Chain later this summer. It will operate as a Layer 2 solution secured by Ethereum and is designed for scalability within the Superchain ecosystem. The platform will be permissionless, open source and aims to be governed independently by the community in the future. Link
Ionet - Ionet revealed a comprehensive overview of their tokenomics. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
News
Shares of Bitcoin mining companies have fallen sharply recently, with Marathon, Riot and CleanSpark falling for three consecutive days and the Valkyrie Bitcoin Miner ETF down about 28% this month. The rise of Bitcoin ETFs could cause miner stocks to lose their appeal. Link
Federal Reserve Chairman Powell stated on Tuesday that recent data haven't bolstered confidence that inflation is moving towards the central bank's 2% target. He noted that, given the robustness of the labour market and the progress made on inflation so far, it's suitable to give the restrictive policy more time to take effect and to be guided by upcoming data and the changing economic outlook. Link
According to Bloomberg, Hidden Road Partners, a prime brokerage focusing on cryptocurrency and FX, supported by Citadel, is currently raising a Series B equity round. This funding round is anticipated to value the company at approximately $1 billion and aims to raise around $120 million. Marc Asch established the company in 2018. Link
Kraken Wallet enables users to handle their NFTs, tokens and DeFi positions across eight different blockchain networks. To enhance the wallet's security through third-party reviews, the firm has made the app's open-source code available on GitHub. Link
Projects
Sui - BytePlus, the innovation division of ByteDance, the largest unicorn company globally, is venturing into blockchain technology with Sui. In collaboration with Mysten Labs, BytePlus plans to enhance its recommendation systems and augmented reality offerings to support gaming and social applications. Link
Worldcoin - The cryptocurrency initiative started by OpenAI CEO Sam Altman, has revealed plans to launch World Chain later this summer. It will operate as a Layer 2 solution secured by Ethereum and is designed for scalability within the Superchain ecosystem. The platform will be permissionless, open source and aims to be governed independently by the community in the future. Link
Ionet - Ionet revealed a comprehensive overview of their tokenomics. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
News
Shares of Bitcoin mining companies have fallen sharply recently, with Marathon, Riot and CleanSpark falling for three consecutive days and the Valkyrie Bitcoin Miner ETF down about 28% this month. The rise of Bitcoin ETFs could cause miner stocks to lose their appeal. Link
Federal Reserve Chairman Powell stated on Tuesday that recent data haven't bolstered confidence that inflation is moving towards the central bank's 2% target. He noted that, given the robustness of the labour market and the progress made on inflation so far, it's suitable to give the restrictive policy more time to take effect and to be guided by upcoming data and the changing economic outlook. Link
According to Bloomberg, Hidden Road Partners, a prime brokerage focusing on cryptocurrency and FX, supported by Citadel, is currently raising a Series B equity round. This funding round is anticipated to value the company at approximately $1 billion and aims to raise around $120 million. Marc Asch established the company in 2018. Link
Kraken Wallet enables users to handle their NFTs, tokens and DeFi positions across eight different blockchain networks. To enhance the wallet's security through third-party reviews, the firm has made the app's open-source code available on GitHub. Link
Projects
Sui - BytePlus, the innovation division of ByteDance, the largest unicorn company globally, is venturing into blockchain technology with Sui. In collaboration with Mysten Labs, BytePlus plans to enhance its recommendation systems and augmented reality offerings to support gaming and social applications. Link
Worldcoin - The cryptocurrency initiative started by OpenAI CEO Sam Altman, has revealed plans to launch World Chain later this summer. It will operate as a Layer 2 solution secured by Ethereum and is designed for scalability within the Superchain ecosystem. The platform will be permissionless, open source and aims to be governed independently by the community in the future. Link
Ionet - Ionet revealed a comprehensive overview of their tokenomics. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
