Tag: Ethereum
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Trader nets $17M profit by shorting James Wynn’s risky strategy
Although James Wynn faced losses nearing $100 million, a different trader amassed a substantial profit by regularly positioning against his trades.
A crypto trader secured...
REX advances ETH and SOL staking ETFs through uncommon C-Corp structure amid softer SEC stance
James Seyffart pointed out that the C-corporation model—seldom applied in the ETF space—was strategically employed to bypass the standard 19b-4 regulatory review process.
According to...
SharpLink gaming, dubbed ‘Ethereum’s Own Saylor,’ plans $1B ETH acquisition
According to a recent SEC filing, Sharplink Gaming plans to allocate the majority of the funds from its proposed stock sale toward acquiring Ether.
SharpLink...
Bitcoin ETFs see first collective outflow in two weeks, while BlackRock defies trend
A ten-session inflow streak was halted for U.S. Bitcoin ETFs on May 29, as a net outflow of $347 million was recorded. Notably, BlackRock’s...
Ethereum foundation deepens DeFi involvement with $2M GHO loan
The Ethereum Foundation has drawn criticism for financing its daily activities through the sale of ETH. With a $2 million loan obtained via Aave,...