Sony buys Amber to enter the crypto market, and Kraken's founder donates $1M to Trump!

GM anon ☕🐺

In today’s Alpha Bytes👇

Sony gets ready to launch a crypto exchange in Japan with the acquired Amber platform. Roaring Kitty faces securities fraud claims in a ‘doomed’ GME lawsuit. SEC sues Consensys over MetaMask swaps and staking services. Kraken founder Jesse Powell donates $1M to Donald Trump.

BTC $63,372 (+4.43%), ETH $3,485 (+3.68%), SOL $147.94 (+7.58%)

Crypto News 📰

• German government moves additional $94M worth of bitcoin to exchanges

• Ethereum gas fees plummet to historic lows: Can the network broaden its appeal?

• Chinese fintech giant Ant Group expands blockchain units’ registered capital

• Ripple’s big court win nonetheless muddied the waters on whether XRP is a security deserving tougher regulation

• Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’

• Polymarket monthly volume hits $100M as presidential race heats up

• Judge upholds 'bulk' of SEC case against Binance but nixes secondary sales charge, among others

• IRS finalizes controversial tax reporting rule for brokers, punts decision on DeFi

• Bitcoin ATM installations reach 38K, below the all-time high

• Banque de France joins forces with the Hong Kong Monetary Authority to advance CBDC and tokenization

• ‘Hamster Kombat’ clicker game faces criticism for social pressure tactics

• Spot Ethereum ETF launch delayed by SEC comments

Project Updates 🔥 

• Nostra CEO resigns

• 3Pool - growing imbalance!

• Flight school explainer

• LRT risk dashboard is live!

• @AffineDeFi launches ultraETH & ultraETHs LRTs

• Ether.fi Foundation proposal approved: 25M ETHFI tokens to be allocated for Q3

• Cardano community's concerns addressed after misunderstanding with World Mobile Token

Threads 🧵 

• State of the Japanese crypto market

• Is Solana next?

• Thread about Algorand

• Thread about Hyperliquid

• A deep dive into the crypto x AI ecosystem

• Epochs and slots all the way down

Launches 🚀 

• @kasplex

• @KaspaCurrency

• Balance.Game launches ecosystem platform aiming to revolutionize the Web3 gaming industry

Fundraise 💰

• MegaETH's $20M seed round

• @redactedcoin has raised $10M

• AnchorZero raised $8M

Videos🎥

• Crypto bull market hinges on this!

• I’m taking these 5 crypto trades right now!

• Polkadot and Cardano holders must watch this

Analysis 📊

• Bitcoin - 54% crash, bull market over!

• Assessing BTC market sentiment and divergence formation

• Predicting Bitcoin's cycle using the Elliott wave theory

Indices📈

• CoinDesk 20: June 30, 2024 - July 1, 2024

• Binance CMC 2024/07/01

That's a wrap for today!

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