Ether Treasury Trend

Sharplink (SBET), who we warned against in yesterday’s letter, just became the world’s largest corporate holder of ether after lifting its treasury to 280,706 ETH. The Nasdaq‑listed firm bought 74,656 ETH between July 7 and July 13 at an average price of $2,852. Meanwhile, Tom Lee’s Bit Digital (BTBT), who recently converted its entire bitcoin treasury to ether, announced new plans to sell 22m shares with the intention of purchasing – you guessed it… more ether. Read more →

“The first global systemically important bank” to offer crypto trading

London-based international banking group Standard Chartered as of today allows corporate and institutional clients to buy and sell Bitcoin and Ether. Many other major banks are still hesitant to fully embrace crypto but Standard Chartered is bucking that trend. CEO, Bill Winters, stated that digital assets were becoming a “foundational” part of the world’s financial system. We expect more major banks to follow. Read more →

Federal Reserve, OCC, FDIC outline expectations for bank digital asset custodyPolymarket Wins

A pair of investigations against Polymarket that emerged in the waning hours of the Biden administration are being dismissed. The predictions exchange received formal notice this month from the Justice Department and CFTC that the probes had ended. As a reminder, a week after the November Presidential elections, FBI agents carried out a raid at the CEO's home. The resolution may now pave the way for Polymarket to officially re-enter the US market. Read more →

In This Market… You Only Need 3 Stocks

Joel Litman is a millionaire member of the Global CFA Institute, a CPA, and instructor at schools like Harvard and Wharton. And today he says you only need 3 stocks to potentially make huge gains. It’s the same 3 stocks Litman, some of his friends and family all use. Litman’s mother reports gains of 3,400%. Others report increasing accounts by 10-fold. Click here to see if these 3 stocks are right for you →

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