
The Dumb Money
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Some Major Crypto News Microsoft shareholders begin to vote on whether to invest into Bitcoin - MicroStrategy announces $42B plan to acquire more BTC through debt and equity offerings - Canadian public company Sol strategies sells Bitcoin for $1.71M to buy 12.3k $SOL, to increase its Solana holdings to $23.51M. - BlackRock’s spot Bitcoin ETF experiences record-breaking net inflows of $872 million, exceeding its previous high from March. - Canary Capital files for SOL ETF - Reddit states it’s sold most of its Crypto before October pump - MrBeast is under investigation for alleged crypto insider trading, with profits reaching $23M. - Vitalik donate 100 ETH to Ukrainian humanitarian NGO - Visa and Coinbase team up to allow instant crypto purchases using debit cards. - Florida’s Chief Financial Officer, Jimmy Patronis, is advocating for the state board administration to add Bitcoin to the state pension funds.
Some Major Crypto News Microsoft shareholders begin to vote on whether to invest into Bitcoin - MicroStrategy announces $42B plan to acquire more BTC through debt and equity offerings - Canadian public company Sol strategies sells Bitcoin for $1.71M to buy 12.3k $SOL, to increase its Solana holdings to $23.51M. - BlackRock’s spot Bitcoin ETF experiences record-breaking net inflows of $872 million, exceeding its previous high from March. - Canary Capital files for SOL ETF - Reddit states it’s sold most of its Crypto before October pump - MrBeast is under investigation for alleged crypto insider trading, with profits reaching $23M. - Vitalik donate 100 ETH to Ukrainian humanitarian NGO - Visa and Coinbase team up to allow instant crypto purchases using debit cards. - Florida’s Chief Financial Officer, Jimmy Patronis, is advocating for the state board administration to add Bitcoin to the state pension funds.
Some upcoming crypto events BTC - US CPI data will be released on Aug. 14 $MKR - MakerDAO's Tokenization Grand Prix to onboard $1b in RWAs starts tomorrow. BlackRock is expected to participate $FXS - Frax Finance is launching frxBTC, a WBTC competitor, soon Kelp DAO - Kelp DAO will unveil Gain, a one-stop-shop for airdrop farming, on Aug. 13 $SAND - $55M of SAND will be unlocked on Aug. 14. This is ~9% of its circulating supply $ENA - A proposal to onboard SOL as a backing asset for Ethena's USDe will go live next week
MicroStrategy looking to raise $2B to buy more Bitcoin - Coinbase announce Q2 total revenue was $1.45B - Kujira leveraged their operational funds to pump their token and got liquidated dumping price by 40% - Injective launched Injective Altaris on mainnet - Convergence got hacked for $250k - Morpho labs secured $50M in investment led by Ribbit Capital - OKX and Aptos have announced a $10M fund to drive the growth of the Aptos eco - Trustless points trading protocol offering price discovery to tokens— Pichi finance raises $2.5M led by Signum Capital - Starknet discord got compromised and there’s onchain allegations of team selling token to CEX - Binance invested in particle. Chain abstraction L1 - Jupiter propose burning 30% of $JUP supply from the Team allocation