Crypto for Advisors: Layer 2s and the Evolution of Bitcoin

The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.Source

Coinbase Wallet Adds Crypto Trading Alerts From Notifi

Notifi will deliver notifications to users of the Coinbase wallet.Source

Cathie Wood’s Ether ETF Pullback Is Likely Due to Fee War

Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.Source

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock

Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.Source

Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report

The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.Source

The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%

Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform.Source

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.Source

First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week’s Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Binance Resumes Mastercard Payments for Crypto

As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange.Source

Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal

Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month.Source