Sold Out Snoop Dogg Telegram NFT Drop Generates $12 Million

American rapper Snoop Dogg sold out a collection of almost a million non-fungible tokens (NFTs) on Telegram in 30 minutes on Wednesday, seemingly defying the notion that the NFT industry is “dead.” Snoop Dogg’s new digital gift collection of around 996,000 non-fungible tokens (NFTs) powered by the TON blockchain is “inspired by Snoop’s iconic style”…

Ether Rally To $3K Possible As ETF Flows, Futures OI Soar

Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday,…

Ether Rally To $3K Possible As ETF Flows, Futures OI Soar

Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday,…

‘Tokenized Securities Are Still Securities’

US Securities and Exchange Commission (SEC) member Hester Peirce issued a blanket warning for companies considering distributing and trading tokenized securities. In a Wednesday statement, Peirce called on companies to discuss their potential tokenized offerings with SEC officials amid “new entrants and many traditional firms […] embracing onchain products.” Though the SEC commissioner, who also…

Ether Rally To $3K Possible As ETF Flows, Futures OI Soar

Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday,…

Nvidia’s Rally to $4 Trillion Might Have Helped BTC, But Correlation Is Waning

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Nvidia’s ascent to a historic $4 trillion market cap, the first-ever…

Don Trump Jr invests in Thumzup after conversion to BTC Treasury firm

Donald Trump Jr., the eldest son of the US president, disclosed an investment in Thumzup Media Corp, a social media marketing company that has adopted the Bitcoin (BTC) treasury strategy. Trump Jr. currently holds 350,000 shares of the company, valued at nearly $3.3 million, according to Bloomberg, and the stock is currently trading hands at…

Bitcoin Hits New $112K High As Bears See $200M Liquidation

Bitcoin soared to another record high, driven by growing global investor demand for risk assets and a $200 million liquidation of BTC shorts near a critical overhead resistance level. Bitcoin’s (BTC) price surpassed the $112,000 all-time high for the first time on Wednesday, after rising 5.95% during the past week. BTC/USD, 1-month chart. Source: Velo…

Truth Social Files for Blue-Chip Crypto ETF Tracking BTC, ETH, SOL, CRO, XRP

Trump Media’s Truth Social has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking multiple blue-chip crypto assets.  According to a Tuesday filing, the “Truth Social Crypto Blue Chip ETF” will track the performance of a basket of top crypto assets, including Bitcoin (BTC),…

LetsBonk’s Soaring Userbase Could Start A Rally In Bonk

Key point: Solana memecoin launchpad LetsBonk’s 24-hour revenue surged to $1.04 million on Monday, nearly double the revenue of Pump.fun at $533,412, according to data aggregated by decentralized finance platform DefiLlama.  Bonk’s (BONK) price has rallied sharply since the launch of LetsBonk on April 25. Could the rally continue? Let’s analyze the charts to find…