• Wealthcamp
  • Posts
  • Whales buy the dip, Ethereum ETF launch imminent, and political battles swing in favor of Crypto

Whales buy the dip, Ethereum ETF launch imminent, and political battles swing in favor of Crypto

What do insiders know that we don't?

Author

Hunter Hodge
June 26, 2024 • Read Time: 9 minutes

Welcome to the big blue ocean we call Crypto: where Whales thrive and the minnows die!

Ever wonder how those crypto Whales are just chilling while the market's doing its best rollercoaster impression? 🤔 Do they have a crystal ball that we don’t? Nope, it’s all about seeing the big picture! While your phone blows up with scary headlines and your portfolio feels like it’s auditioning for a horror movie, the Whales are busy buying up crypto like it’s Black Friday.

What's their secret sauce? Spoiler: it’s not insider info, it’s good old-fashioned fundamentals. While everyone else is freaking out, these big fish are seeing the tidal wave of pro-crypto developments on the horizon.

Today, we’re pulling back the curtain to uncover the juicy, pro-crypto shifts happening in finance, politics, adoption, and market metrics. Ready to ride the wave instead of wiping out? Let’s dive in! 🏄‍♂️🚀

  • Big Bitcoin investors are accumulating more during market lows, reflecting confidence despite recent price crashes. — Read More

  • VanEck filing hints at Ethereum ETFs launching within a week. — Read More

  • U.S. Congressman Matt Gaetz bill allowing tax payments in Bitcoin would reinforce the U.S. as a leader in digital currency innovation and pave the way for further legalization. — Read More

  • Strike expands into the UK, offering Bitcoin and sterling transactions via its app. — Read More

  • Crypto PACs influence New York's primary election, securing a win for pro-crypto Latimer over Anti-Crypto Jamaal Bowman. — Read More

Bitcoin Touted as Wealth Protector in AI-led Future

Anthony Pompliano and tech leaders say Bitcoin is a crucial asset for preserving wealth in an AI-driven economy.

Spot Bitcoin ETFs Bounce Back with Strong Inflows

Spot Bitcoin ETFs in the US reverse a seven-day outflow, totaling $31 million in net inflows on June 25.

Nubank to Enhance Crypto Offerings with Lightning Network Collaboration

In partnership with Lightspark, Nubank plans to integrate Bitcoin Lightning Network to facilitate rapid, low-cost transactions.

Bitcoin Price Surges 5% Despite Mt. Gox Liquidation Concerns

Bitcoin rebounds strongly as market dismisses Mt. Gox sell-off fears, with significant institutional inflows into ETFs.

US Spot Bitcoin ETFs Reverse Outflow Trend, Fidelity's FBTC Leads

US spot Bitcoin ETFs report $31 million in net inflows, reversing a week-long trend of outflows.

Ether Spot ETFs Projected $15B Inflow

Ether spot ETFs expected to attract $15 billion in initial 18 months, influenced by bitcoin's market dominance.

Bitget Boosts Reserves; Secures User Assets with Robust Proof of Reserves

Bitget, a global crypto exchange, reveals its June PoR report with a notable increase in reserves and $400M protection fund - a bullish sign.

ARB Token Staking Proposal Introduced to Boost Governance Engagement

Frission's new proposal suggests allocating 50% of ARB's surplus sequencer fees to incentivize token staking and delegation.

Exploring Tokenization and It’s Impact on Traditional Banking

Great podcast from the Public Key podcast delves into tokenization and the potential to transform the financial sector.

Swarm Markets Introduces Digital Gold NFTs

Swarm Markets launches a platform for trading and holding digital gold NFTs, each linked to physical gold in secure vaults.

Pantera Capital Labels Solana as 'Mac OS of Blockchains'

Pantera Capital praises Solana for its architecture and increasing adoption among users.

Solana Launches 'Actions' and 'Blinks' to Simplify Crypto Transactions

Solana introduces 'Actions' and 'Blinks' to enable seamless on-chain transactions across digital platforms, increasing speed and efficiency.

Solana Launches ZK Compression to Cut Storage Costs by 99%

Solana introduces 'ZK Compression' to dramatically reduce on-chain storage costs, enhancing efficiency and scalability.

Hong Kong Invests in DeFi and Metaverse to Advance Fintech Sector

Hong Kong intensifies focus on DeFi and metaverse to strengthen its global fintalex leadership.

Fetch.ai, SingularityNET, and Ocean Protocol Announce Token Merger Set for July 1

The Artificial Superintelligence Alliance will begin merging AGIX, OCEAN, and FET tokens into a single ASI token on July 1, enhancing efficiency and interoperation.

AI Tokens Surge Despite Nvidia's $430 Billion Market Cap Loss

Despite Nvidia's sharp stock decline, AI crypto tokens see significant gains.

Hut 8 Receives $150 Million to Boost AI Capabilities

Hut 8 secures a $150 million investment from Coatue to expand into AI infrastructure amid rising compute demands.

DePIN: A Blockchain Solution for the Internet of Things

DePIN may solve the Internet of Things' business model issues with decentralized cloud infrastructure.

Web3 Gaming Poised for Explosive Growth, Says SKALE Labs CEO

SKALE Labs CEO discusses the imminent 'massive breakout' in Web3 gaming and pivotal industry partnerships.

CoinPoker Partners with Argentina's National Football Team

CoinPoker, a leading crypto poker room, becomes the regional sponsor of the Argentine Football Association.

SEC Chair Gensler Confident in Smooth Approval of Spot Ethereum ETFs

SEC Chair Gary Gensler expresses optimism about the smooth ongoing approval process of spot Ethereum ETFs, without committing to a timeline.

Will Gensler's Anti-Crypto War to Hurt Biden's Chances in US Election?

SEC Chair Gary Gensler refuses to discuss crypto's impact on U.S. elections while focusing on market regulation.

SEC Sues Coinbase for Unregistered Securities Trading

The SEC has filed a lawsuit against Coinbase, potentially reshaping U.S. crypto regulations and market dynamics.

Louisiana Enacts Pro-Bitcoin Legislation

Louisiana passes the 'Blockchain Basics Act', defending Bitcoin rights and banning CBDCs.

Iran Launches Central Bank Digital Currency Initiative

Iran officially unveils its Central Bank Digital Currency project, a landmark move in national financial digitalization.