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Ethereum’s Layer 1 scaling could improve censorship resistance, streamline Layer 2 mass exits, and ensure long-term network stability.
Tether’s acquisition of a minority stake in Juventus has broadened its investment portfolio by incorporating digital assets, AI, and biotech into the sport of football, reflecting a wider shift toward blockchain integration in sports.
Barclays Bank’s $131 million stake in BlackRock’s Bitcoin ETF highlights the accelerating institutional shift toward cryptocurrency investments. As traditional financial giants increase their exposure to Bitcoin, the market is witnessing a deeper integration of digital assets into regulated investment strategies.
As regulatory scrutiny in crypto intensifies, Hex Trust’s move to acquire Byte Trading highlights its push to provide institutional-grade financial services. With new capital from Morgan Creek Digital, the firm is doubling down on its expansion strategy.
While many have viewed Bitcoin as an asset to stash away, emerging Layer-2 solutions are beginning to unlock its hidden potential. By merging advanced programmability with Bitcoin’s robust security, these networks could steer the largest cryptocurrency toward a new era of decentralized finance.
- 15:27SafeMoon announces it will launch a new Meme coin on Solana, the contract is not yet publicThe DeFi protocol SafeMoon has announced the launch of a meme coin based on the Solana blockchain, aiming to increase liquidity and provide SFM holders with opportunities to exchange tokens for new assets. It will adopt an easy-going mode without predetermined purposes, focusing on community interaction and participation. Meanwhile, SafeMoon recently destroyed 2.2 trillion SFM tokens and plans to support automatic conversion through the VGX wallet, injecting liquidity into the ecosystem. This move aims to get rid of past controversies and legal issues, leaving the future of the project entirely in the hands of the community. The team emphasized that smart contracts have not yet been made public and reminded users to avoid purchasing any unofficial versions of SafeMoon tokens to prevent scams. Previously, SEC and US Department of Justice accused DeFi protocol Safemoon and its executives of fraud.
- 15:25The US Bitcoin spot ETF has a net outflow of $580.2 million this weekAccording to farside monitoring data, the net outflow of the US Bitcoin spot ETF this week totaled 580.2 million USD.
- 15:24Data: If Bitcoin falls below $95,000, the total liquidation strength of mainstream CEX long positions will reach $229 millionAccording to Coinglass data, if Bitcoin falls below $95,000, the total liquidation strength of long positions on mainstream CEX will reach $229 million. Conversely, if Bitcoin breaks through $99,000, the total liquidation strength of short positions on mainstream CEX will reach $160 million.