January, 2025

January, 2025

The Daily: Elon Musk’s dad seeks to make $200 million from ‘Musk It’ memecoin, UK gang jailed for crypto extortion and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Coinbase acquires web3 adtech platform Spindl
Spindl, founded in 2022 by Antonio Garcia-Martinez, will operate under the Ethereum Layer 2 incubated by Coinbase called Base....

MicroStrategy sees strong demand for preferred stock plan, raises $563.4 million to fuel more bitcoin purchases
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion....

Bitcoin and US stocks gain as PCE inflation meets expectations
Bitcoin held above the $105,000 mark on Friday as markets reacted to the latest PCE data, which showed inflation in line with expectations....

Uniswap V4 goes live, with swaps rolling out across the next few days
Uniswap Labs said that Uniswap V4 has gone live, with the ability to provide liquidity available now and swaps coming shortly....

Grayscale launches Dogecoin Trust, calling memecoin tool for ‘global financial inclusion’
DOGE is the largest memecoin and the eighth largest cryptocurrency, with a market capitalization of over $50 billion....

Purpose Investments files preliminary prospectus for an XRP ETF, aiming to become ‘world’s first’
Purpose Investments filed a preliminary prospectus with Canadian regulators for the proposed launch of the Purpose Ripple (XRP) ETF....

Stablecoin expansion could drive the next cryptocurrency rally: CryptoQuant
CryptoQuant highlighted that the expansion of stablecoins in circulation is likely to be a key driver for the next cryptocurrency rally....

Cipher Mining secures $50 million investment from Stargate AI backer SoftBank
The investment could be a “sign of things to come” for AI diversifying Bitcoin miners, according to analysts at JPMorgan....

Uniswap Labs Launches V4, Bringing Major Upgrades to Its DEX
The long-awaited update introduces customizable swaps and improved efficiency....

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April