Author: Chris Smith
Market Update July 9
Reading Time: < 1 minuteThe crypto market painted a picture of cautious optimism over the past 24 hours, with some major coins experiencing modest gains while others remained subdued.
Paxful Co-founder Could Be Sentenced to 5 Years in Jail
Reading Time: < 1 minuteArtur Schaback, co-founder and former tech chief of Paxful, has pleaded guilty to conspiring to fail to maintain an effective Anti-Money Laundering program at the crypto exchange.
Bitfinex: Bitcoin Has Reached a Local Bottom
Reading Time: < 1 minuteBitcoin faced a significant decrease in value during June, but a new report from analysts at Bitfinex suggests that it may have reached a local low.
Market Update July 8
Reading Time: < 1 minuteThe past 24 hours in the cryptocurrency market have been a microcosm of the industry itself: a whirlwind of movement, some positive, some negative, all underpinned by the ever-present undercurrent of volatility.
Germany Holds Over $2K in Bitcoin
Reading Time: < 1 minuteRecent events involving Germany’s sale of Bitcoin and reimbursements from the Mt. Gox scandal have caused major disruptions in the cryptocurrency market, and there may be more drama still to come.
Inflows into Spot Bitcoin ETFs Surge Following BTC Price Fall
Reading Time: < 1 minuteFollowing a drop in Bitcoin’s price below $54,000 on July 4, Spot Bitcoin exchange-traded funds (ETFs) based in the United States experienced a surge in inflows on July 6.
Market Update July 5
Reading Time: < 1 minuteThe cryptocurrency market is experiencing a significant downturn today, with major coins like Bitcoin and Ethereum suffering substantial losses.
Mt.Gox Moves Bitcoins Ahead of Payment to Creditors
Reading Time: < 1 minuteIn the last few hours, there have been two transactions involving a number of wallets connected to Mt Gox. These transactions occurred right before the planned repayment of $9 billion of Bitcoin.
Market Update July 4
Reading Time: < 1 minuteThe crypto market is currently experiencing a period of consolidation, marked by a significant drop in prices across the board.
Bitwise Files Amended Ethereum ETF Registration Form
Reading Time: < 1 minuteBitwise has submitted a revised S-1 form ahead of its July 8 deadline for launching an Ethereum exchange-traded fund.
Consensys Purchases Wallet Guard
Reading Time: < 1 minuteConsensys has recently announced its acquisition of Wallet Guard, a security tool designed to safeguard digital assets and data from potential theft, scams, and fraud.
Market Update July 3
Reading Time: < 1 minuteThe crypto market is seeing a subdued day on July 3, 2024. The overall market cap sits at $2.24 trillion.
Standard Chartered: Bitcoin Will Reach a Record Level Next Month
Reading Time: < 1 minuteAccording to Standard Chartered’s head of forex and digital assets research, Geoffrey Kendrick, the price of Bitcoin may reach a new record high in August and could potentially hit $100,000 by the time of the US presidential election in November.
Ethereum Set to Outperform Bitcoin After ETH-based ETFs Start Trading: Report
Reading Time: < 1 minuteAccording to analysts at K33 Research, the upcoming launch of Ether exchange-traded funds (ETFs) in the United States could lead to the cryptocurrency outperforming Bitcoin in the weeks to come.
Market Update July 2
Reading Time: < 1 minuteThis morning, the crypto market displayed mixed signals, with Bitcoin experiencing a slight decline while some altcoins saw moderate increases.
Bahamas Will Require Banks to Support its CBDC
Reading Time: < 1 minuteThe Bahamas government is taking steps to boost the use of its “Sand Dollar” central bank digital currency (CBDC) by introducing a new law that will require commercial banks to support it.
Philippines Adds USDT As Payment Method for Social Security Payments
Reading Time: < 1 minuteTether has announced a new option for citizens of the Philippines to pay their Social Security System (SSS) contributions using USDT.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minuteOn Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
SEC Sues Consensys
Reading Time: < 1 minuteIn a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Coinbase Teams Up with Stripe
Reading Time: < 1 minuteA partnership has been formed between the cryptocurrency exchange leader Coinbase and the payment company Stripe.
Animoca Brands to Go Public in 2025
Reading Time: < 1 minuteAccording to Yat Siu, the chairman of Hong Kong-based gaming and metaverse company Animoca Brands, the company is considering going public sometime next year.
Worldcoin Plans to Build a Blockchain Infrastructure
Reading Time: < 1 minuteAlchemy and Worldcoin have joined forces to build the necessary infrastructure for the World Chain ecosystem.
South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi
Reading Time: < 1 minuteSeoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.
German Government Transfers $24M in Bitcoin to Major Crypto Exchanges
Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.
VanEck Will Waive Fees for its Ethereum ETF
Reading Time: < 1 minuteAccording to a recent statement by Matthew Sigel, the head of digital assets research at VanEck, the company is planning to waive fees for its potential Ethereum exchange-traded fund to remain competitive.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Dogecoin