Altcoins chugged along last week with $13.2 million in inflows into $ETH, $2 million into LIDO, and $1.1 million into $XRP.
Read more π here.
Read more π here.
Tether launches gold-backed, US dollar stablecoin Alloy. The new coin is called aUSDT and is mintable on the new Alloy by Tether platform.
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Read more π here.
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The United States Securities and Exchange Commission is dropping its investigation into whether Ether is a security
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Read more π here.
Cointelegraph
SEC to drop investigation into Ethereum β Consensys
The SEC is standing down its probe into Ethereum and wonβt be pursuing enforcement action against Consensys.
DOGE and SOL dipped as much as 9% in the past 24 hours as Bitcoin Falls Below $66K
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Read more π here.
Coindesk
Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K
The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.
Bitcoin hash rate and difficulty may fall during the North American summer months as miners curtail some of their operations.
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Read more π here.
Coindesk
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.
Gemini co-founders Cameron and Tyler Winklevoss have each pledged $1 mill in BTC for Trump, claiming Biden waged war on crypto.
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Read more π here.
Cointelegraph
Winklevoss twins pledge $2M for Trump, claiming Biden waged war on crypto
Cameron and Tyler Winklevoss, the co-founders of crypto exchange Gemini, went public with an endorsement of prospective Republican Party presidential candidate Donald Trump.
Nasdaq-listed software firm MicroStrategy, has acquired another 11,931 BTC for $786 million. The company now holds 226,331 bitcoins worth just shy of $15 billion.
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Read more π here.
The Solana Foundation is introducing Solana Actions and blockchain links or βblinks,β allowing any website displaying a URL to perform a Solana transaction.
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Read more π here.
Cointelegraph
New Solana feature allows crypto transactions on any website
The Solana Foundation has introduced actions and blockchain links, allowing users to create and share transactions via a URL on websites, social media platforms and physical QR codes.
BTC prices took a hit on Monday following updates on the 2014 Mt. Gox hack payout. The cryptocurrency's price fell nearly 5%, hitting lows under $59,000 at one point.
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Read more π here.
Coindesk
Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.
The 11 U.S. spot BTC exchange-traded funds saw total daily net inflows of $129.45 million on Monday, marking the largest fund intake the ETFs have seen since June 7.
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Read more π here.
The Block
US spot bitcoin ETFs report $130 million in net inflows, largest influx in three weeks
Fidelityβs FBTC led the inflows yesterday with $65 million, followed by Bitwiseβs BITB, which recorded $41 million.
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One of Mt. Goxβs cold wallets just transferred more than 47,000 BTC to a new wallet address in its first major transaction since May.
The movement comes amid the exchangeβs scheduled plan to begin repaying creditors this month.
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The movement comes amid the exchangeβs scheduled plan to begin repaying creditors this month.
Read more π here.
Cointelegraph
Mt. Gox moves $2.7B in Bitcoin to new wallet address
The collapsed crypto exchange has started transferring significant volumes of Bitcoin ahead of its planned repayments to creditors.
South Koreaβs Financial Supervisory Service (FSS) is working with South Korean digital asset exchanges to establish a system for βconstant monitoring of abnormal transactions.β
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Read more π here.
Cointelegraph
South Korean government to launch crypto transaction monitoring system
A dedicated data transmission line will be used to report suspicious transactions from crypto exchanges in South Korea to the countryβs Financial Supervisory Service.
Spot BTC prices dipped to a four-month low on Friday of around $53,500, potentially allowing buyers to purchase BTC ETF shares at attractive discounts.
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Read more π here.
Cointelegraph
Bitcoinβs sell-off could put ETF shares on the discount rack
Bitcoin's latest dramatic sell-off could present a rare opportunity for buyers to scoop up Bitcoin ETF shares at bargain prices.
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