Bitcoin
VanEck Bitcoin Trust’s volume Tuesday was about 14.5 times its daily average, while WisdomTree Bitcoin Fund’s volume was more than 10 times its daily average.
Ethereum
Starknet’s fully-diluted valuation has already surpassed those of long-standing blockchain networks such as Arbitrum, Optimism and Avalanche, all of which have more locked value in their smart contracts than the zero-knowledge rollup.
Bitcoin investment products were responsible for 99% of all crypto inflows last week, with total assets under management hitting $67 billion – the highest level since December 2021.
Business
The 3AC liquidators and FTX’s bankruptcy estate hold $533 million and $177 million worth of Worldcoin’s WLD token respectively, making them some of the largest independent entities to benefit from the token’s 200% surge this week.
Tech
Sam Altman seems to be the latest founder who can drive crypto prices even when he has nothing to do with them.
The NFT collection based on the cute, flightless seabirds has grown in popularity and value since Luca Schnetzler became CEO in April 2022.
DeFi
After the airdrop plans were announced last week, Starknet faced a community backlash.
The eight-month-long STRK distribution is the first step in a program to scale and grow DeFi on the layer 2 blockchain network.
Willem Schroe of Botanix Labs discusses the transformative potential of their Layer 2 technology on Bitcoin.
Coinbase’s payments platform for merchants will no longer support Bitcoin and other UTXO coins unless customers have an existing account with the exchange.
