DeepNewz

Markets
Strive Funds Targets $700 Million Bitcoin Buy After IPO
Asset-manager Strive Funds plans to acquire more than $700 million worth of Bitcoin once it completes its initial public offering, Chief Executive Officer Matt Cole said on Thursday

Markets
Stablecoin Market Cap Surpasses $280 Billion, Solana’s Stablecoin Hits $12 Billion 15-Week High
The total market capitalization of stablecoins has reached a new all-time high of $280 billion, according to data from DefiLlama

Markets
Trump Sons-Backed American Bitcoin to List on Nasdaq in September
American Bitcoin, a cryptocurrency mining venture backed by Eric Trump and Donald Trump Jr

CeFi
Bitplanet Unveils South Korea’s First Institutional Bitcoin Treasury, Plans $40 Million Buy
Bitplanet has launched what it says is South Korea’s first global institutional Bitcoin treasury company, according to statements issued on 28 August

Markets
Ark Invest Adds $15.6 Million of BitMine as Shares Slide
Ark Invest, the asset-manager led by Cathie Wood, bought 339,113 shares of cryptocurrency-focused BitMine Inc

Blockchains
Google Cloud Unveils Universal Ledger Blockchain for Institutional Payments, CME Pilot
Google Cloud has introduced the Google Cloud Universal Ledger (GCUL), a permissioned layer-1 blockchain aimed at speeding up cross-border payments and asset settlement for financial institutions

Regulation & Politics
Canary Capital Seeks SEC Nod for Spot Trump Coin ETF
Canary Capital Group LLC on 26 August filed a Form S-1 with the U

Markets
Fundstrat’s Tom Lee Sees Ethereum Surging to $10,000–$12,000 by Year-End
Fundstrat Global Advisors co-founder Tom Lee has issued a bullish forecast for Ethereum, saying the cryptocurrency could climb to about $5,500 within the next few weeks and reach $10,000 to $12,000 by the end of the year

NFTs & Web3
MetaMask Adds .sol Domain Support for Solana Transfers
Crypto wallet provider MetaMask has added native support for






