OVERVIEW

Crypto Market Cap Back to $2T, But Can Powell Keep His Hands Off?

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

News In Three Sentences
Bitcoin, Ethereum, And Solana News 🪙 

💸 BlackRock’s Bitcoin ETF Finally Sees Action with $15.8M Inflow

After three weeks of nothing, BlackRock’s iShares Bitcoin Trust ($IBIT) just pulled in a $15.8 million inflow, giving the Bitcoin ETF market a little bump. BlackRock’s still the king of net inflows this year with a cool $20.9 billion, way ahead of Fidelity in second place. U.Today.

💰 MicroStrategy Preps $700M Debt Offering to Buy More Bitcoin

MicroStrategy ($MSTR) wants even more $BTC, and they want to raise $700 million through convertible senior notes to do it. This is their third debt move this year, and it’s clear they’re not done accumulating. They’re now sitting on 244,800 BTC worth about $14.24 billion, and they’re not slowing down anytime soon. CryptoPotato.

🌐 Worldcoin Taps Solana for User Verification Boost

Worldcoin ($WLD) just integrated its World IDs into Solana ($SOL) using Wormhole, stepping up user verification while reducing spam. These biometric IDs act like digital passports and now make Solana even more attractive for micropayments and low-fee transactions. DRiP and other projects are already on board, hoping to cut out bots and fake users. CoinPaper.

SPONSORED
The Crypto Minis from Grayscale: BTC & ETH.

Considering an investment in crypto but looking to start small?

How about starting with a mini. A Grayscale Crypto Mini.

• Grayscale Bitcoin Mini Trust (ticker: BTC)

• Grayscale Ethereum Mini Trust (ticker: ETH)

The Trusts are not funds registered under the Investment Company Act of 1940, as amended (“1940 Act”), and are not subject to regulation under the 1940 act, unlike most exchange traded products or ETFs. An investment in the Trusts are subject to a high degree of risk and heightened volatility. Digital assets are not suitable for an investor that cannot afford the loss of the entire investment.

The Grayscale Crypto Minis offer:

Mini fee: BTC and ETH have the lowest fees of all the Bitcoin and Ethereum funds on the market.

Mini share price: BTC and ETH both have very low share prices, allowing investors to get extremely precise with their exposure.

Mini commitment: You don’t need an entire Bitcoin or thousands of dollars' worth of Ethereum to get crypto exposure — investing in BTC or ETH allows you to allocate as much or as little as you want to crypto.

Turns out, a Mini gets you a lot.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.