A long-inactive Ethereum wallet transferred its entire 135,284 ETH position to Gemini, worth about $397 million. The stash was reportedly accumulated near $90 per ETH, implying an estimated $385 million profit.
Cathie Wood said bitcoin is not only an inflation hedge but also a hedge against deflation driven by AI, robotics, and other exponential technologies that could disrupt traditional finance.
Nasdaq-listed digital insurance products company Zhibao Technology said it has signed a non-binding term sheet with Joyertech and Information OPC for a proposed private investment in public equity, or PIPE, transaction. Under the plan, Zhibao would sell stock and receive about 3,500 BTC as consideration, valued at roughly $220 million at current prices. The proposed deal has not been finalized and remains subject to several conditions, including final valuation, custody arrangements, audit verification, regulatory review, Nasdaq compliance, and execution of definitive agreements. The term sheet also indicates that, at closing, the buyer is expected to designate a majority of Zhibao’s board members, while the existing management team would continue to handle day-to-day operations. Separately, Zhibao disclosed on July 15 that it had received a Nasdaq deficiency notice because its share price had fallen below the $1 minimum bid requirement. The company said it has 180 calendar days, until January 6, 2027, to regain compliance.
Hamster Kombat’s daily cipher is a 24-hour Morse code puzzle inside Telegram. Players decode the message, submit the correct answer, and receive chips and rewards tied to the $HMSTR ecosystem.
The EU is considering new rules for in-game currencies in mobile titles, including euro price displays, purchase confirmations, and renewed parental approval for minors. Supercell and King warn the plan could damage the free-to-play model.
CoinGlass Q1 report shows total spot and derivatives volume reached $20.57 trillion in Q1 2026. Binance led in four key metrics: derivatives volume, open interest, liquidity depth, and asset retention. DEX dark horse Hyperliquid nearly broke into top 10.
Invesco is set to assume management of USTB, a tokenized US Treasury fund with more than $900 million in assets, while Superstate will continue to provide the blockchain infrastructure.
Debate over a $1 price target for SHIB flared up again after TXMC argued it would require a market cap larger than the world’s dollar supply, while Michael Gayed used the moment to renew his criticism of speculative crypto assets.
