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Share link:In this post: Sharplink Gaming Inc. has launched a stock offering of up to $1 billion to acquire Ethereum (ETH). Proceeds from the stock sale will primarily be used to purchase Ether, along with funding general business operations, working capital, and expanding affiliate marketing efforts. The stock sale will be conducted through an “at-the-market offering” structure, allowing Sharplink to issue shares flexibly in response to market conditions.
Pi Network’s PI token has plunged 22% in a week, pressured by broad crypto selloffs and weakening institutional interest, risking a deeper downturn below key support.
Wintermute found that 97% of delegated contracts using Ethereum’s EIP-7702 feature were tied to malicious activity, streamlining the transfer of ETH from wallets with leaked private keys.
Ethereum eyes $2,650 as TD Sequential hints at a bullish rebound if $2,550 support holds strong.Potential Bounce Ahead for EthereumTechnical Indicators Support a Move to $2,650Why This Level Matters for Traders
FTX payout is expected to complete within days, with varying recovery rates based on claim categories, including up to 120% for smaller claims.
Whales are buying Dogecoin, Avalanche, and Quant for potential gains in June. Discover why these altcoins are attracting major investors
- 07:07Matrixport: US "Crypto Week" Heats Up, Ethereum Rally May Be Driven by AsiaAccording to a report by Jinse Finance, Matrixport released an analysis today showing that Ethereum has risen 18% this month, with 17 percentage points of that increase occurring during Asian trading hours. Over the past week, Bitcoin and Ethereum have risen by 8% and 19% respectively. The approaching "Crypto Week" and rising policy expectations have boosted market sentiment. Inflows from US-approved ETFs, corporate allocations, and anticipation of Circle's listing have become key drivers of the market. However, the influence on Ethereum's price formation is gradually shifting toward the Asian market.
- 07:02Commerzbank: Rate Cut Expectations and Trump’s Pressure May Limit Dollar ReboundAccording to a report by Jinse Finance, Michael Pfister from Commerzbank's research department stated that the US dollar may rise in the short term, but the increase is likely to be limited. The recent weakness of the dollar may currently be somewhat overdone, allowing for a slight rebound. However, the prospect of Federal Reserve rate cuts should curb any rebound in the dollar. In addition, actions such as Trump calling for rate cuts and criticizing the Fed's independence will also dampen the recovery. Commerzbank expects the Federal Reserve to cut rates in September. Therefore, he believes the current recovery phase of the dollar is unlikely to last long. (Jin10)
- 06:58Swedish consumer company Refine Group AB launches BTC reserve strategy, plans to raise 10 million SEK to purchase BitcoinOdaily Planet Daily – According to official sources, Sweden-based consumer company Refine Group AB has launched a BTC reserve strategy and is raising 10 million SEK (approximately 1.03 million USD) through a targeted stock issuance to purchase Bitcoin.