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‘The doors have blown open’ - how Solana is courting Wall Street as memecoins flame out

2 days ago | dlnews.com | Liam J. Kelly

Special ReportThe DeFi stalwart is chasing new revenue sources. Apollo's tokenised credit fund launches on Solana. Sceptics question whether the memecoin emporium can truly shift gears. Once a mecca for quirky memecoins, Solana’s next move is shaping up to be rather important. That’s because joke coins lost their mojo not long after they peaked.
Soaring Bitcoin treasuries will wallop the market if this one thing happens, say analysts

3 days ago | dlnews.com | Pedro Solimano

Bitcoin treasury companies are booming. MicroStrategy started the trend in 2020. Too much of a good thing has a key danger, bank says. Bitcoin treasuries are booming — but they could just as easily bust as they scale up. The problem is that half of the 61 listed companies who have copied Michael Saylor’s stockpiling strategy have bought Bitcoin at prices higher than $90,000. And Geoffrey Kendrick, head of digital assets at Standard Chartered, the UK bank, said that could be an issue down the road.
MetaMask wallets will get easier to access after latest Consensys acquisition

4 days ago | dlnews.com | Liam J. Kelly

The leading Ethereum wallet hooked up with Web3Auth. Consensys is overhauling MetaMask. CEO Joe Lubin ramps up dealmaking. Consensys, the blockchain development venture run by Joe Lubin, said on Monday that it is acquiring Web3Auth to strengthen its crypto wallet offering, MetaMask. Web3Auth, based in Singapore, lets users access their cryptocurrency wallets using the same credentials as signing in to Google, Facebook, Discord, and other popular social accounts.
Traders just sent a bullish signal that Bitcoin is about to hit $125,000

4 days ago | dlnews.com | Eric Johansson

Bitcoin is expected to rip this month. That’s according to market analysts. Here’s what’s expected to fuel the rally. Bitcoin is about to hit a new record. That’s according to traders who are pouring into bets that the price will climb 20% and hit $125,000 in June. Over half of the calls on derivatives trading platform Deribit are on trades that only pay out if the top cryptocurrency trades above $125,000 by June 27.
Ethereum treasury firm’s shares skyrocket 2,700% in four days

1 week ago | dlnews.com | Pedro Solimano

SharpLink Gaming's market capitalisation is up 11-fold. It is the first-ever Ethereum treasury company. Consensys CEO Joe Lubin was behind the deal. Ethereum’s first treasury company is paying dividends — big time. Shares in SharpLink Gaming, an online casino company that raised a $435 million Ethereum treasury this week, have skyrocketed 2,700% this week. And its market capitalisation is up 11-fold. Not bad for an outfit with five full-time employees.
Michael Saylor’s Bitcoin-smitten copycats are coming out of the woodwork as risks mount

1 week ago | dlnews.com | Eric Johansson

The RoundupFirst, Michael Saylor bought Bitcoin. Then, over 100 companies copied Strategy's spending spre. Now, the short sellers sound the alarm. A version of this article appeared in our The Roundup newsletter on May 30. Sign up here. Hi! Eric here. Imitation is the highest form of flattery, right? Stay ahead of the game with our weekly newslettersIn that case, Michael Saylor must be blushing like a raspberry, ‘cause a tonne of businesses are copying his crypto-buying playbook.
XRP just got tapped by two firms’ treasuries as investors eye breakout

1 week ago | dlnews.com | Osato Avan-Nomayo

XRP is the latest crypto darling of corporate treasuries. Investors continue to hold XRP despite its price struggles. Analysts and crypto bettors split on price prospects. If adoption by companies with deep pockets was enough to move markets, XRP would be flying right now.
Are investors really ditching gold ETFs for Bitcoin?

1 week ago | dlnews.com | Pedro Solimano

Bitcoin exchange-traded funds have taken in $9 billion. Gold ETFs have suffered $2.8 billion in outflows. The Bitcoin basis trade is likely fuelling those numbers. It’s a compelling narrative among many in crypto: Bitcoin is digital gold. Its price behaviour has detached from that of risky tech stocks, which proves that investors think so, too. Not so fast, says macro analyst Noelle Acheson. “It feels like too tidy a narrative,” Acheson wrote in her “Crypto is Macro Now” newsletter.
Who are alleged crypto kidnappers William Duplessie and John Woeltz?

1 week ago | dlnews.com | Aleksandar Gilbert

Prosecutors have charged two crypto entrepreneurs with torturing a third for his Bitcoin. The alleged perpetrators have run crypto investment firms. One was indicted by a grand jury Thursday. A five-story townhouse in Manhattan’s NoLita neighbourhood is luxe even by the area’s standards. Its owner asked for $65,000-per-month rent as recently as March, according to property records reviewed by DL News.
Crypto VCs pour $7.7bn into startups this year as optimism surges

1 week ago | dlnews.com | Eric Johansson

The Weekly RaiseCrypto projects secured $10.7 million this. The industry is projected to secure $18 billion this year. Three crypto projects raised $10.7 million in the last week of May, pushing the total amount raised in 2025 past the $7.7 billion mark. That’s almost 89% more than what it raised during the same period last year and just short of the $9.6 billion raised throughout 2024.