The Block
WisdomTree, an issuer of exchange-traded funds, registered an XRP ETF entity in Delaware.The move signals that the fund manager will likely file an S-1 registration with the SEC.
Capital flows are shifting from bitcoin to ether, with derivatives market activity signaling growing confidence in ether’s near-term upside, analysts said.Ether has surged over 6% while in the past 24 hours, while bitcoin saw a slight decline, as open interest and demand for call options hit record highs for the second-largest cryptocurrency by market cap.
Quick Take HBO documentary “Money Electric” suggests that Peter Todd is Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Todd quickly denied he is Nakamoto with a post on X.
Quick Take Crypto gaming developer Gunzilla Games launched an early-access version of Off the Grid on PlayStation 5 and the Epic Game Store. Off the Grid is a free-to-play battle royale video game which plans to feature the ability for players to trade in-game assets, which double as NFTs.
Quick Take Aptos Labs added former Grayscale Investments CEO Michael Sonnenshein and OpenAI Chief Product Officer Kevin Weil to its advisory board. Sonnenshein and Weil will help bolster Aptos’s growth in artificial intelligence, institutional adoption and other endeavors.
Quick Take Aiming to revolutionize cross-chain transactions in DeFi, 1inch is launching Fusion+, a system that eliminates bridges and introduces intent-based swaps.
Quick Take The Solana memecoin launchpad has been criticized amid reports of users threatening self-harm or violent acts unless their tokens reach certain prices. Pump.fun claims it moderates harmful content, but its decentralized nature means that traditional terms of service may not be present or enforced in the same way.
MicroStrategy has purchased another 55,500 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.The latest acquisitions follow MicroStrategy’s completion of a $3 billion debt offering and sale of 5,597,849 shares for $2.46 billion.
Canary Capital’s move comes after Bitwise filed its S-1 registration statement last week.Canary Capital founder Steven McClurg said the firm is seeing “encouraging signs of a more progressive regulatory environment coupled with growing demand.”
Quick Take Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures provided additional support. Semantic Layer aims to bolster transaction execution infrastructure to give dApps more control over multichain transaction ordering and bundling.
