News & Research

The U.S. Securities and Exchange Commission has acknowledged Grayscale's amended application to convert its Digital Large Cap Fund—comprising BTC, ETH, XRP, SOL and ADA—into an ETF, according to Solid Intel on X.

SRM Entertainment (Nasdaq: SRM) has staked 365 million TRX tokens through TRON-powered lending platform JustLend to boost staking yield up to 10% annually. According to Business Insider, the company also plans to rebrand as TRON Inc. following a $100 million investment to launch its TRON treasury strategy.

U.S. investment bank Benchmark has initiated coverage of Metaplanet, a publicly listed Japanese firm known for its Bitcoin (BTC) investments, with a buy rating and a ¥2,400 price target, noting its aggressive BTC acquisition strategy. The target represents a 50% upside from the stock's ¥1,650 close.

Datagram, an AI-driven network project, has secured $4 million in pre-seed funding to launch its sovereign layer-1 (L1) blockchain on the Avalanche (AVAX) platform. Led by Blizzard the Avalanche Fund, the funds will support real-time performance optimization and network deployment for Datagram’s upcoming node sale and mainnet launch.

Strategy has been added to the Russell Top 200 Value Index, a benchmark tracking major U.S. large-cap value stocks, according to Bitcoin News on X.

Bitcoin is trading near $107,000 with analysts pointing to a potential breakout if it clears the key $109,000 resistance, according to Cointelegraph. Liquidity is building above that level, and patterns suggest a move toward new all-time highs could be imminent, possibly pushing BTC into price discovery if it surpasses $112,000.

Robinhood Crypto EU, the European division of Robinhood, plans to introduce tokenized stocks, including private equity like OPAI, according to Unfolded on X.

Global public companies, excluding miners, added $863 million in Bitcoin last week, bringing total holdings to 663,860 BTC worth $71.5 billion, or 3.34% of Bitcoin's supply, according to SoSoValue data, cited by Odaily. MicroStrategy led with a $531.9 million purchase, followed by Japan's Metaplanet with $240.8 million. Other notable buyers included China's Nano Lab, the UK's Smarter Web and France's Blockchain Group. GameStop also raised $450 million, signaling plans to allocate funds to Bitcoin.

BitMine Immersion Technologies, a Bitcoin mining company listed on the New York Stock Exchange, has secured $250 million in a private placement to implement an Ethereum (ETH) treasury strategy, according to PR Newswire press release. The company plans to use the proceeds to acquire ETH as its primary treasury reserve asset.

Metaplanet CEO Simon Gerovich announced on X that the Tokyo Stock Exchange (TSE) will lift its margin trading restrictions on the company effective July 1.