Shark Tank’s Kevin O’Leary on Crypto Investing, Ether ETFs and Gary Gensler

ETH ETFs: What We’re Watching For ETH ETFs finally make their debut in the U.S. this week. How will the market react and will Ethereum as a development ecosystem benefit? George Kaloudis raises the questions we’re looking forward to answering.

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO.

2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme.

DeFi Giant dYdX Says Its v3 Platform Is Compromised – Just as It’s Reportedly Up for Sale

CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.

Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90% Harris has been endorsed by incumbent Joe Biden for the upcoming U.S. presidential elections, and some traders are betting on her ascent with meme tokens and prediction markets.

Crypto Exchange Gate.io Exits Japan Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation.

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.

Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton Bitlayer’s layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.

First Mover Americas: Ether Little Changed After Spot ETF Approval The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp.

Avail, Long-Awaited Blockchain Project for ‘Data Availability,’ Launches Main Network The project, spun out of Polygon in 2023, has raised $75 million of funding and claims unique technologies as a provider of “data availability,” or DA – the speciality of storing reams of transactional data produced by Ethereum layer-2 networks.

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister’s Budget Speech The primary demand from India’s crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show An address labeled “U.S. Government: Ryan Farace Seized Funds” moved BTC worth nearly $4 million to Coinbase 10 hours ago.

BlockFi Administrator Submits Plan in Court to Make Customers Whole “This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi,” said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc.