Solana-Focused Startup Accelerator Colosseum Raises $60M to Invest in Early-Stage Projects

Colosseum deployed $250,000 to 11 companies so far.Source

First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for June 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham

Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges.Source

PoliFi Tokens Return to Business After Proof of DJT-Trump Link Fails to Materialize

Many PoliFi tokens fell more than 10% after claims emerged that the Trump campaign was behind the DJT token.Source

Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein

Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said.Source

Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out

The payments firm now operates in over 100 countries and territories globally.Source

Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns

The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July.Source

Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months

BTC’s dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.Source

ZKsync Developer’s New ‘Elastic Chain’ Could Compete With Polygon’s AggLayer

This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.Source

Bitcoin Holds $61K After a Brief Nosedive

Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.Source