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  • [Alt] + [N] = 'Insert Altcoin Bull Run'

[Alt] + [N] = 'Insert Altcoin Bull Run'

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After the spot Ethereum ETFs passed, it does not feel like much price action has happened… Maybe the market is just charing up for this bull run!? And not only for BTC & ETH:

Franklin Templeton announces plans to raise a fund focused on altcoin investments for institutional dollars. Robinhood makes massive $200M acquisition of Bitpanda exchange. Crypto venture fundraising is still picking up. Iggy Azalea is the MOTHER of celebrity memecoins. And even Wordle is unknowingly bullish on Ethereum 😉

Keep On Scrolling ⛓🖤

  • $1.6T AUM Franklin Templeton is looking to start a new fund for institutional investors aimed at altcoins (DT)

  • BTC tops $71K again and nears ATH (QZ)

  • VanEck CEO predicts BTC market cap to be half of Gold (DH)

  • Robinhood makes pro-crypto move and acquires Bitstamp for $200M (M)

  • Core Scientific rejects $1B buyout (CD)

  • Deutsche Bank and Bitpanda launch real time payment for digital asset trading (P)

  • BlackRock IBIT crosses $20B in AUM (CD)

  • Kraken, one of the largest crypto exchanges, looks to raise potential final pre-IPO financing round over $100M (BBG)

  • Aperture Finance hits $250M valuation with latest fundraise from Skyland Ventures, Blockchain Founders Fund and others (FSME)

  • Avail secures $43M in Series A for web3 unification (CT)

  • The Sandbox web3 gaming company raises $20M, losing $3B in valuation (CS)

  • Fhenix raises $15M led by Hack VC for confidentiality-enabling L2 (DFNT)

  • Cybersecurity company GoPlus raises $10M to build permissionless security layer (CD)

  • Shima Capital’s compliance issues after Yida Gao’s success of raising $200M fund (@leomschwartz)

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  • US Treasury warns that NFTs are vulnerable to fraud and money laundering (TD)

  • U.S. is straying away from CBDCs and non-compliant stablecoins (CD)

  • Tether CEO says MiCA regulations in Europe are concerning (CTBN)

  • Wall Street asks Biden to not veto congress rejection of SEC crypto policy (CD)

  • UAE Central Bank approves licensing system for stablecoins (M)

  • BRICS is building their own payment system according to Putin (@BRICSinfo)

  • Cardano Foundation announces partnership with regional government in Argentina (CDLY)

  • New York Attorney General sues 2 companies over $1B crypto fraud allegedly targeting immigrants (RT)

  • $5.7M has reportedly been recovered from $600M Ronin hack (CBRF)

  • 3 individuals charged in $3M Evolved Apes NFT scam (CD)

  • iExec launches enhanced DataProtector revolutionizing web3 monetization and ownership (F)

  • Epoch Times CFO charged with $67M fraud scheme involving crypto platform (CD)

  • Linea halts network after Velocore exploit (TD)

  • DMM BTC to raise $320M to pay back hack victims (CD)

  • Smart Contracts are not to blame for increase in crypto hacks in 2024 (CT)

  • VanEck sets minimum 2030 ETH price target at $22,000 (CD)

  • Gary Gensler says ETF launch dates are up to issuers, not the SEC (CT)

  • Are ETH whales gearing up for a post-ETF rally? (AMBC)

  • ETH whales make a $32M play (U)

  • Iggy Azalea’s $MOTHER token reaches $200M market cap. a new all-time high (YF)

  • Hulk Hogan team pulls in $17M in memecoin rugpull (BST)

  • Amount of BTC and ETH on exchanges reaches record multi-year lows (U)

  • Web3 salaries surpass traditional finance by up to 128% (YF)

  • Starkware reveals ambitious plan to scale BTC through controversial upgrade (TD)

  • NEAR Protocol daily transactions surges to 6M (TD)

  • Unstoppable Domains and Blockchain.com partner for web3 domain naming system (N.B)

  • BTC miner Core Scientific surged 40% after signing a 200 MW AI deal with CoreWeave (CD)

  • Standard Charter Bank believes Bitcoin could rally to $150k if Donald Trump wins U.S. election (@WatcherGuru)

  • US political changes could expose crypto to a $20T industry (CT)

  • Binance is allowing crypto buys via Mastercard (CT)

  • How a Reverend CEO stole $1B in a crypto scam (MW)

  • Robinhood’s $200M acquisition of Bitpanda may be the steal of the century (@JasonYanowitz)

NO WAY 💀

Wordle June 6, 2024: Wordle is Bullish

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