Cryptoz
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🇷🇺 J. Yellen (US Secretary of the Treasury) is concerned about the use of cryptocurrency in Russia to circumvent American sanctions.

“We are very careful about the use of cryptocurrencies and stablecoins. So far, Russia is not doing anything significant, but as our sanctions tighten, this could become a problem.”

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🤑 #TON PUBG and League of Legends developers will launch the game on the TON blockchain

Akedo Games received investment from The Open Platform (TOP) to develop a new game on Telegram - “Akedog”.

The game will launch on July 18th.

P.S. The Akedo Games team is behind the development of PUBG Mobile, League of Legends, AFK Arena and Rise of Kingdoms.

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💵 Kraken exchange will distribute BTC and BCH received from Mt.Gox between clients within 7-14 days

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🇺🇸 #XRP Representatives from Coinbase, Ripple and Andreessen Horowitz (a16z) will attend the Republican and Democratic National Conventions.

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💰 BTC and BCH have already been returned to 13,000 clients Mt.Gox - announcement

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🇺🇸 WSJ: Trump raised $3,000,000 in cryptocurrency for his election campaign.

▫️$1,600,000 in BTC – from the founders of the Gemini exchange. (+$200,000 from other voters)
▫️$845,000 in #ETH – from the co-founder of the Kraken Exchange. (+$55,000 from other voters)
▫️$300,000 in #DOGE.
▫️$100,000 in #SHIB.

The US presidential campaign raised $331,000,000 in donations in Q2 2024.

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#insight
🌉State Street is planning to launch its own stablecoin! (Bloomberg)

The investment company manages assets worth $4,128,000,000,000+.

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#onchain
💸 Mt.Gox has already returned 36% of all BTC to clients – CryptoQuant

There were 90,344 BTC ($5.8 billion) left in the wallet of the bankrupt exchange

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#election2024 #insider
🦠 NYT: Joe Biden will refuse to run for US President if he has serious health problems. Now he is sick with COVID-19.

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#breaking
❌ Hackers hacked India's largest crypto exchange WazirX for $235,000,000!

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🔠 #XRP The SEC canceled a closed meeting scheduled for July 18.

According to rumors, at the meeting the SEC was supposed to make a decision on the lawsuit against Ripple and a potential settlement plan.

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#insight
❗️🇬🇧 Bloomberg: UK may start selling $5,000,000,000 worth of confiscated BTC.

Reason: difficult economic situation in the country.

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🇺🇸 #FIGHT The FIGHT meme coin team donated $470,000 in its own token to Donald Trump's election campaign.

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💧#XRP The closed SEC meeting was postponed to July 25.

According to rumors, at the meeting the SEC was supposed to make a decision on the lawsuit against Ripple and present a potential plan

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#onchain
🧐 The number of BTC on the balance of whales is a maximum of 2 years.

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💸 The Fed's balance sheet fell by $15.8 billion in one week.

▪️Williams, Fed Chairman:
- The latest macro data brings us closer to a disinflationary trend - this is what we want to see.

▪️Daley, Fed Chairman:
- I want to make sure that inflation is trending down before I vote for a rate cut.

▪️Goolsby, Fed Chairman:
- There have been several months of good macro data on inflation - the struggle is still ongoing, but confidence is emerging in the disinflation process.

▪️Bloomberg:
- The Fed is preparing to cut rates in September, because... J. Powell's attention is shifting to the labor market.

▪️IMF:
- The Fed should not cut rates until the end of 2024. It is necessary to increase taxes in order to slow down the growth of the US national debt.

📌 Market expectations (#Fed rate):
- July 31: Pause.
- September 18: decrease by 25 bp. up to 5.00-5.25%.
- November 7: decrease by 25 bp. up to 4.75-5.00%.
- December 18: decrease by 25 bp. up to 4.50-4.75%.
- January 29, 2025: Pause.

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⚡️Trump is selling almost a million dollars each of seats for his speech at the Bitcoin Conference 2024.

The price for a seat at the roundtable is set at $844,600, which is the maximum campaign contribution allowed by law. For the right to take a photo with a presidential candidate - $60 thousand per person, or $100 thousand per couple.

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❗️CBOE: Spot ETH ETFs To Start Trading On July 23, 2024

Ethereum ETFs from 21Shares, Fidelity, VanEck, Franklin and Invesco are officially listed on the Cboe exchange - document

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🤔 #XRP CEO Ripple - the trial with the SEC will end “very soon”. (Bloomberg)

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🇺🇸 7 US states against “excessive crypto regulation” SEC!

The Iowa Attorney General and representatives from the states of Arkansas, Indiana, Kansas, Montana, Nebraska and Oklahoma filed an amici curiae over the SEC's attempt to over-regulate the crypto industry.

“A regulatory power grab will stifle innovation and prevent citizens from being protected from fraud + harms the free market.”

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❗️BTC began to be transferred from Mt․Gox wallets to the Bitstamp crypto exchange

A test transaction has been completed so far.

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