Author: Chris Smith
Market Update July 26
Reading Time: < 1 minute Cryptocurrencies have been on a rollercoaster ride over the past day, with most major coins experiencing positive price movements.
Revolut Wins a Banking License in UK
Reading Time: < 1 minute Revolut announced on Thursday that it has been granted a banking license by UK financial regulators.
VanEck: BTC Will Reach $2.9M by 2050
Reading Time: < 1 minute Investment manager VanEck predicts that Bitcoin could reach a total market capitalization of $61 trillion.
Market Update July 25
Reading Time: < 1 minute The cryptocurrency market experienced a modest downturn in the past 24 hours.
First Verified ZK-proof Arrives to Bitcoin Mainnet
Reading Time: < 1 minute On July 24, the Bitcoin rollups protocol, BitcoinOS (BOS), successfully validated the first zero-knowledge (ZK) proof on the blockchain’s mainnet.
Market Update July 24
Reading Time: < 1 minute The cryptocurrency market experienced a downturn over the past 24 hours, with most major digital assets trading in negative territory.
Trading Volume of Spot Ethereum ETFs Reaches $1B on First Day
Reading Time: < 1 minute Trading of spot Ethereum on exchanges began on Tuesday through nine different ETFs, issued by eight different companies.
Market Update July 23
Reading Time: < 1 minute Bitcoin exhibited a relatively subdued performance the last day, trading at around $67,000 with -0.48% fluctuations over the past day.
Mt.Gox Moves $2.8B in Bitcoin
Reading Time: < 1 minute A wallet associated with Mt Gox sent approximately 42587.49 BTC (worth $2.82 billion) to a new address at around 5 a.m. UTC on Tuesday.
ETF Inflows Will Affect Ethereum Price in Near Term: Report
Reading Time: < 1 minute Ethereum ETFs could potentially lead to a decrease in demand for ETH, as some investors may sell their shares and switch to the newly launched spot ETFs.
Market Update July 22
Reading Time: < 1 minute The cryptocurrency market experienced a relatively calm day with most major coins showing slight increases over the past 24 hours.
WazirX Announces a Bounty Program
Reading Time: < 1 minute WazirX co-founder Nischal Shetty has announced a reward program to support the exchange in recovering or freezing the funds that were stolen during a recent hack.
Market Update July 19
Reading Time: < 1 minute The cryptocurrency market experienced a mixed bag of results over the past 24 hours.
OKX Establishes its MiCA Hub in Malta
Reading Time: < 1 minute Crypto exchange OKX has chosen Malta as its hub for MiCA (Markets in Crypto-Assets) as this new regulatory framework is being implemented in the European Union.
Market Update July 18
Reading Time: < 1 minute Bitcoin defied the downward trend with a loss of around 1% and is now trading at $64,745.
OKX Announces It Is Leaving Nigeria
Reading Time: < 1 minute On July 17, OKX announced in an email to clients in Nigeria that it would be exiting the country and discontinuing its services for Nigerian customers.
Market Update July 17
Reading Time: < 1 minute While some digital assets have enjoyed a surge in value, others have taken a tumble, leaving investors glued to their screens and grappling with the ever-shifting landscape.
Craig Wright Admits He Is Not Satoshi Nakamoto
Reading Time: < 1 minute Australian computer scientist Craig Wright, who had long claimed to be the creator of Bitcoin, has been ordered by a judge to publicly state that he is not Satoshi Nakamoto.
Kraken Receives Mt. Gox Reimbursement Funds
Reading Time: < 1 minute Recent reports have revealed that Kraken users have received an email from the exchange notifying them that the reimbursement funds from Mt. Gox have been transferred to Kraken’s control and will be distributed within the next seven to 14 days.
Market Update July 16
Reading Time: < 1 minute Bitcoin exhibited a cautious approach over the past day. Some sources, like Binance, report a slight dip of around 0.19%, placing its current price around $62,832.
SEC: Ethereum ETFs to Begin Trading on July 23
Reading Time: < 1 minute The Securities and Exchange Commission (SEC) has informed potential issuers of a spot Ethereum (ETH) exchange-traded fund (ETF) that they can begin trading next Tuesday.
Metaplanet Acquires $1.2M in Bitcoin
Reading Time: < 1 minute Bitcoin investment company Metaplanet has recently acquired another 21.88 Bitcoin.
Market Update July 15
Reading Time: < 1 minute The cryptocurrency market experienced a mixed bag of results over the past 24 hours after a weekend of relative calm, suggesting a potential pause in the recent volatility.
Ethereum Price Surpasses $3,300 Boosted by Potential ETF Approval
Reading Time: < 1 minute The price of Ether has reached over $3,300 in anticipation of the potential launch of spot ETH exchange-traded funds (ETFs) by the end of this week.
Bitcoin Whales Accumulate $4.3B in BTC
Reading Time: < 1 minute During the market downturn earlier this month, many larger holders of Bitcoin, known as whales, took advantage of the low prices to accumulate a significant amount of the cryptocurrency.