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SharpLink Gaming, Inc. (Nasdaq: SBET), one of the world's largest corporate holders of Ether (ETH), announced highly encouraging financial results and a major expansion of its Ethereum treasury strategy.

This capital raise, which totaled nearly $160 million, represents a powerful institutional affirmation of the corporate treasury strategy surrounding Bitcoin.

The company is backed by the sons of President Donald Trump, Donald Trump Jr. and Eric Trump, who will own a combined 98% of the newly formed entity.

The total market capitalization of the cryptocurrency market has surged past the $4.11 trillion mark in a historic new high.

PrimeXBT is predominantly known as a cryptocurrency margin trading platform with award-winning cryptocurrency-based products and services like Covesting copy trading. But it also has forever left its mark on traditional finance with its wide range of major stock indices, commodities, and forex currencies.

Altcoin season is long over before it ever truly started. Unlike previous cryptocurrency bull markets, the crypto industry only saw a handful of mega performers.

Chart Prime’s Robust Trading Services to Benefit from Vital Algo’s Industry-Leading Technology

Research has shown that most bitcoiners are so obsessed with the cryptocurrency that they would not give up even if bitcoin value dropped to just below $3,000. Lately, bitcoin has lost more than half of its value, but why are many people willing to lose so much and still not give up?

In the latest rounds of attack on DeFi (Decentralized Finance), FinNexus Options Protocol and DeFi platform lost close to $8 million. DeFi experts say the attack was either executed via stolen admin keys or a rug pull. In the attack, FinNexus lost more than 383 million FNX tokens pushing the price of the token to plummet by at least 90%.