☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸BTCS adds 14,240 ETH worth $55M, bringing holdings to 70,028 ETH and $270M total value while closing $10M in premium convertible notes.
🔸 Bernstein says ETH treasuries now hold 876K ETH (0.9% supply), boosting demand but warns of yield and liquidity risks from staking.
🔸Cboe files for Canary’s staked INJ ETF as part of broader push for altcoin funds. SEC reviewing dozens during friendlier Trump-era stance.
🔸SEC delays Truth Social Bitcoin ETF decision to Sept 18, stalling Trump Media’s crypto push amid rising ETF proposals.
🌟Highlights
🔸PayPal expands crypto payments using PYUSD stablecoin, allowing small businesses to accept 100+ tokens with low transaction fees.
🔸Interactive Brokers is exploring a US dollar stablecoin and 24/7 crypto funding as it expands deeper into digital assets in 2025.
🔸Upexi secures $500M equity line to fund more SOL buys and operations, boosting its role as a leading altcoin treasury firm.
🔸Mill City launches $450M offering to build a Sui treasury, joining the altcoin treasury wave alongside backing from Karatage and Sui Foundation.
🔸Justin Sun-backed Tron Inc. files $1B shelf statement with SEC to fund TRX purchases, solidifying its role as a Nasdaq-listed TRON treasury.
🔸Bakkt sells its loyalty unit for $11M and pivots fully to crypto, planning a public share offering to buy bitcoin and fund operations.
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