The marketing company SharpLink acquired 176,000 ETH for $463 million.
It has become the largest public holder of the asset. The average purchase price of 1 ETH, including all expenses, was $2,626.
More than 95% of all coins are used in staking and liquid staking. Thus, the company not only supports the security of the Ethereum network but also generates passive income.
The CEO of the company called ETH "the fundamental infrastructure of the digital trade of the future."
According to him, the decision to make Ethereum a reserve asset underscores the company's belief in blockchain as a source of income-generating capital. $ETH
Trump earned $57.3 million from the family cryptocurrency platform World Liberty Financial
U.S. President Donald Trump reported an income of $57.3 million from the cryptocurrency platform World Liberty Financial — one of the largest sources of income last year.
The project was founded in 2024 by the son of his ally Steve Witkoff and includes his own children — Donald Jr., Eric, and Barron.
According to the document, Trump's cryptocurrency wallet is valued at $1–5 million. $TRUMP
Visa and Mastercard fall due to the hype of stablecoins
Shares of the two financial giants fell 5% on Friday - collectively, the companies lost more than $60 billion.
Analysts cite the growing popularity of stablecoins and the willingness of major players, such as Walmart, to launch their own coins as the main reasons for the decline. $SUI
🇨🇳 "We will all die if Bitcoin becomes the global currency" — such a headline is actively circulating online with reference to the Chinese state channel CGTN.
It concerns a segment of a report discussing the potential risks of the global spread of the first cryptocurrency. $BTC $AAVE $SOL
Ethereum Foundation allocates $500,000 for the defense of Roman Storm
On July 14, a criminal trial against Tornado Cash developer Roman Storm is set to begin.
A month before the trial starts, the Ethereum Foundation announced that it will donate $500,000 for Storm's legal defense, in addition to the $750,000 previously raised by the crypto community.
"Privacy is normal, and writing code is not a crime," EF stated in its assistance message. $BTC
🇺🇸 The U.S. Senate has scheduled a final vote on the GENIUS bill for June 17.
The document sets the regulations for stablecoins: 100% backing in USD, auditing of issuers with a capitalization of $50 billion and rules for foreign projects.
If passed, the law will go to the House of Representatives.
Amazon and Walmart may launch their own stablecoins
The two largest retail companies in the world are exploring blockchain-based payment systems as a means to optimize transactions and reduce reliance on traditional banking networks. $USDC
The founder of the Russian crypto firm Gotbit has avoided a new prison sentence in the USA
Alexey Andryunin, CEO of the market-making company Gotbit, pleaded guilty to manipulating the cryptocurrency market and fraud. The prosecution insisted on 15 months of imprisonment, but the court counted the already served 8 months in a Portuguese prison — and released him.
Now Andryunin is subject to deportation, and Gotbit is required to return $23 million in cryptocurrencies.
Before the arrest, the company was considered one of the largest market makers in the industry. $ETH $BNB $SOL
Explosions in Tehran, the army has put the country on emergency alert. The operation is called "The People as a Lion", the goal is to eliminate the nuclear threat from Iran.
In response, a massive strike with missiles and drones is expected. Iran had previously threatened to attack American bases in the event of war.
The fall of Bitcoin and Ethereum caused a wave of liquidations amounting to $711 million
Over the past 24 hours, the cryptocurrency market experienced a sharp decline of nearly 3%. Specifically, BTC lost over 2% and at the time of writing was trading at $106,158, while ETH dropped more than 5%, falling to $2,644.
This decline led to massive liquidations totaling more than $711 million, including long positions in BTC amounting to $315 million and in ETH to $147 million.
In total, positions of 142,030 traders were liquidated. The largest liquidation order registered on Binance was BTCUSDT for $201.31 million. $BTC
The update called Binance UI Refined allows traders to customize their homepage with interactive widgets, AI-based analytics, and a revamped visual layout.
Among the indicators: Coin Spotlight, Copy Trading, ETF Net Flow, FGI, Hot, Simple Earn.
The interface features upgraded fonts, cleaner spacing, updated icons, and Midnight Dark to reduce eye strain and enhance readability. $BNB
🇸🇾 Binance has opened access for users from Syria — after the partial lifting of US sanctions, the country has been removed from the list of prohibited countries.
Now residents can use all the exchange's products, including trading, staking, transfers, and education. #Binance #bnb $BNB