Morgan Creek Digital Assets co-founder and crypto influencer Anthony Pompliano is preparing to launch a new Bitcoin-focused investment vehicle that aims to raise $750 million through a merger with Columbus Circle Capital 1, the Financial Times reported on June 13, citing people familiar with the matter. The new entity, called ProCapBTC, will reportedly secure $500 […]

The post Anthony Pompliano planning $750 million Bitcoin-focused investment firm via SPAC appeared first on CryptoSlate.

…

Learn MoreAnthony Pompliano planning $750 million Bitcoin-focused investment firm via SPAC

Tornado Cash developers Roman Storm and Alexey Pertsev received renewed support from the crypto community on their respective trials for deploying the open-source code behind the mixer. The Ethereum Foundation on June 12 donated $500,000 to Tornado Cash developer Roman Storm’s legal defense. It said it will match another $750,000 from public contributors as the […]

The post Tornado Cash support: Ethereum Foundation pledges $1M to Storm’s defense, entities boost Pertsev appeal appeared first on CryptoSlate.

…

Learn MoreTornado Cash support: Ethereum Foundation pledges $1M to Storm’s defense, entities boost Pertsev appeal

The lawsuit against Ripple, filed by the United States Securities and Exchange Commission in December 2020, is finally wrapping up.

…

Learn MoreSEC, Ripple file motion to release $125M in escrow as case winds down

Spot Ethereum exchange-traded funds (ETFs) listed in the US set a new record by attracting net inflows for 19 consecutive trading sessions between May 16 and June 12, adding almost $1.4 billion. According to Farside Investors’ data, the streak began with $35 million on May 16, passed $1 billion on May 29, and reached $1.38 […]

The post Spot Ethereum ETFs register new inflow record with 19-day streak, capturing nearly $1.4 billion appeared first on CryptoSlate.

…

Learn MoreSpot Ethereum ETFs register new inflow record with 19-day streak, capturing nearly $1.4 billion

Ethereum plunged below key support after geopolitical tensions erupted, which caused mass liquidations and pushed Bitcoin funding rates deeply negative on Binance. …

Learn MoreBitcoin, Ethereum Hit Hard by Geopolitical Tensions: Binance Funding Rates Signal Deep Bearish Shift

Invesco and Galaxy Digital have taken a concrete step toward bringing a Solana exchange-traded fund (ETF) to the US market. Public records show that the firms registered a trust named Invesco Galaxy Solana ETF with Delaware’s Division of Corporations on June 12. Over the past months, several firms have created Delaware statutory trusts before seeking […]

The post Invesco and Galaxy chase Solana ETF dream with Delaware trust registration appeared first on CryptoSlate.

…

Learn MoreInvesco and Galaxy chase Solana ETF dream with Delaware trust registration

Circle is up 13% on news that Amazon and Walmart are moving into stablecoins. …

Learn MoreBitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback

Despite Sharplink’s bullish ETH announcement, its stock (SBET) saw sharp volatility, plunging over 66% in 24 hours to around $11. …

Learn MoreSharplink Becomes Largest Public ETH Holder With $462M Purchase but Shares Tumble

Check out the most recent update related to Shiba Inu’s layer-2 scaling solution. …

Learn MoreShiba Inu (SHIB) Unveils a Key Upgrade to Shibarium: Details Here