MicroStrategy ETF Launches in the US, Donald Trump Owns Over $1M in Ether!

GM anon ☕🐺

In today’s Alpha Bytes👇

SEC approves first leveraged long MicroStrategy ETF. Marathon Digital buys $249M in Bitcoin, reserves reach 25K BTC, while EigenLayer TVL hits $12.9B and climbs 11% in one week. Donald Trump holds over $1M in Ether and also receives NFT licensing fees. Australian regulator claims 58% of Facebook crypto ads are scams, Meta denies claims, and says data is outdated and unreliable. South Korea’s national pension fund buys $34M of MicroStrategy shares.

BTC $58,524 (+0.92%), ETH $2,617 (+0.30%), SOL $144.63 (+1.77%)

Crypto News 📰

• Bitcoin sidechain developers unveil BitVM2 whitepaper

• Jane Street reduces GBTC holdings by 85% and acquires IBIT shares worth $221M

• Rebar unveils product to protect Bitcoin users from MEV attacks

• Nasdaq ISE, LLC withdraws proposals to list and trade options on spot Ethereum and Bitcoin products

• NYSE American LLC withdraws proposal to list and trade options on spot Bitcoin ETFs

• NEBRA’s zero-knowledge proof aggregator goes live on Ethereum mainnet

• Multiple arrests made in $14.4M Holograph hack investigation

• Donald Trump Jr. shares 'Defiant Ones' Telegram channel for upcoming crypto project

• Uniswap Labs announces $2.35M auditing competition, the ‘largest in DeFi history’

• WazirX schedules maintenance to restore balances after $234M hack

• Anchored Coins warns of potential issues for AEUR amid FlowBank collapse

• IMF execs float raising crypto mining electricity prices by 85%

• Goldman Sachs joins Morgan Stanley in holding Bitcoin ETFs

• Vitalik Buterin donates over $500K in animal-themed coins to charity

Project Updates 🔥 

• SynFutures joins Superfest, presented by Optimism

• @SonicSVM announces partnership with @solayer_labs

• Introducing PCH

• Arthur Hayes and Oyl launch whitelist for Bitcoin Ordinal NFT collection 'AirHeads'

• MakerDAO stops new WBTC-backed loans following its BitGo concerns

• Arbitrum DAO approves temperature check proposal on ARB staking

• Gift card giant Raise partners with WalletConnect on crypto payments option

• OKX brings Solana ‘Blinks’ to Ethereum chains

• Chainlink's Data Streams and VRF are now live on Base

• Immutable taps Fireblocks to help game developers manage digital assets

• New DeFi protocol Nudge aims to unlock hidden value in users’ wallets

Threads 🧵 

• The bullish case for Ethereum

• Crypto narratives

• Chainalysis alerts rise in crypto hacks and ransom in 2024

• Following the money

Launches 🧵 

• The Jirasan Meta begins now

• 5ire launches hybrid layer-1 mainnet after 1m test transactions

• NEBRA launches its zero-knowledge proof aggregator on Ethereum

• Solayer launches the restaking application verification system on the Solana mainnet

• ARPA Network launches Randcast on Ethereum Layer 2 solution Taiko

• Optimistic Oracle launched on Blast by UMA

Fundraise 💰

• Orderly Network raises $5M in strategic funding

• Multicoin Capital leads $3.5M seed raise for Crunch Lab

• Haun Ventures backs Chaos Labs with $55M Series A funding

• Arc Community secures $4.5M in community round funding

• Goldilocks DAO secures $1.5M in seed funding

That's a wrap for today!

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