#CoinMarketCap Market Pulse | Weekend
Highlights this week:
Michael Saylor’s Strategy acquires 4,225 BTC for a total of $472.5M, bringing their total to 601,550 BTC.
An unknown BTC whale controlling over 80,000 BTC has transferred 40,009 BTC to Galaxy Digital for an OTC sale, with another 40,192 BTC still in possession.
The White House successfully passes all three crypto bills: the GENIUS Act, the Clarity Act and the Anti-CBDC Surveillance State Act.
NARRATIVE OF THE WEEK 📰
Leading ETH treasury company, SharpLink Gaming, acquires 74,656 ETH over the past week, bringing their total holdings to 280,706 ETH, as the largest ETH holder.
ETH spot ETFs saw $726M in inflows in a single day, rivalling even BTC spot ETF inflows on the same day.
BitMine Immersion Technologies increases their ETH holdings to over 300K ETH, or $1B worth, under the guidance of Tom Lee from Fundstrat.
MAJOR PROJECT UPDATES 🗓️
Coinbase Wallet introduces Base App, an improved version of the #coinbase wallet, enabling users to access apps, create, earn, trade and chat with friends, all within the wallet interface.
Stablecoin L1, #Plasma , opens their public token sale, which will remain open until 28th July. The Plasma testnet has also been launched, enabling developers to begin building on the chain.
#Cosmos introduces their roadmap for the next six months, focusing on the development and expansion of the IBC network to support the inflow of Web2 institutions exploring the Cosmos.
#SONIC Labs introduces Spoark, an AI-powered app to enable anyone to build and launch Web3 applications with no code.
