Decrypt

Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition

Although activity has cooled since Election Day, Polymarket registered $1.1 trillion in trading volume in June.Source link

UK Chancellor Mulls Selling $7.2B Bitcoin Stash to Plug Gap in National Finances

Trade association CryptoUK urged the government to take a “long-term view” on holding Bitcoin seized from criminals.Source link

‘Ethereum Avengers’ Firm to Generate ETH Using $1.5 Billion Stockpile

The firm received a $645 million “anchor investment” from its Consensys-linked co-founder and chair.Source link

SOL LEADS MAJORS, NFTS HEAT-UP, BIG WEEK FOR EARNINGS

BTC dominance slides by largest margin in 3 years. SOL hits $100bn, leads majors in catch-up trade. ETH ETF inflows again surpass BTC. 40% of ETH ETF total inflows in the last 8 days. WH to release first crypto report this week. Trump signs GENIUS Act, Crypto stocks rally. UK considers sale of GBP 5bn seized BTC. Sequans buys $150m BTC. ABA urge delay in Circle, Ripple license approval. Ether Machine launched to buy $1.5b ETH. ETH Fusaka upgrade scheduled for early Nov. Total DeFi TVL hits $138.5b, highest in 3 years. Thiel backed ‘Bullish’ files for IPO. CoinDCX suffers $44m hack. Block Inc to join S&P 500. Conflux plans offshore Yuan stablecoinSource link

‘Ethereum Stole the Show’ as ETH ETF Flows Hit Record High: CoinShares

Ethereum ETFs smash records with $2.2B weekly inflows, outshining Bitcoin as institutional investors pile into the surging altcoin.Source link