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The New Wave Of Bitcoin L2s Are Sidechains

Marketing is obscuring the true nature of Bitcoin layer 2 proposals

Crypto News

Solana’s SOL Could Hit $200 By Month End, Hedge Fund Founder Says

The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.

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Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs

Roughly 13 out of the 25 biggest U.S.-based hedge funds held the spot bitcoin ETFs at the end of March, according to data from bitcoin brokerage River.

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Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains

Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.

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ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

ZkSync wrote on X that “handing over governance” is expected by the end of June.

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NEAR Token’s 10% Gain Tops CoinDesk 20 Last Week: CoinDesk Indices Market Update

All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.

Crypto News

Blockstream’s Rusty Russell Wants To Revamp Bitcoin Script

The Bitcoin script restoration project aims to bring back and expand the functionality of Bitcoin’s script language.

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$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption

Ajit Singh joins the Proof of Workforce Foundation’s mission of promoting Bitcoin adoption to workforce organizations.

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$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing

The investment management company reported owning over $800 million of BlackRock’s Bitcoin ETF alone.

Crypto News

U.S. House’s McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill

The House is set next week to vote on a wide-ranging bill to set crypto regulations, though its potential in the Senate remains murky, despite the optimism of its proponents.

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