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116K subscribers
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South Korea’s inaugural crypto law goes into full effect
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tl;dr
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Binance U.S. gets court approval to put certain customer fiat funds in U.S. Treasury Bills
— link
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Digital asset investment products saw further buying with inflows of $1.35bn last week, bringing the last 3 week run of inflows to $3.2bn
— link
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SEC signs off spot Ethereum ETFs for trading tomorrow
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tl;dr
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BlackRock’s spot Bitcoin ETF posts $527 million in net inflow, largest since mid-March
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tl;dr
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Kraken has started distributing Mt Gox coins
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theblock
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tl;dr
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DAY ONE for ETH ETFs, who did $1b in total volume, which is 23% of what the spot bitcoin ETFs did on their first day.
$ETHA did 25% of $IBIT's volume. The gap between $ETHE and The Newborn Eight is +$625m (a sizable chunk of which *should* convert to inflow)
— link
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Crypto custodian Hex Trust receives in-principle MPI license approval in Singapore
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tl;dr
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US spot Ethereum ETFs saw net inflows of $106.7 million on first trading day
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tl;dr
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This Friday 8 AM UTC, 60K $BTC are set to expire on
Deribit
with a notional value of $3.99 billion.
Max pain price $63,000, put/call ratio: 0.62
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Ethereum max pain price $3,400, $1.73 billion notional value, put/call ratio 0.47
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Bitstamp will start distributing Bitcoin and Bitcoin Cash to Mt Gox creditors on July 25
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tl;dr
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Wyoming Sen. Lummis plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference
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tl;dr
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Weekly USDC transfers on Base have grown to ~$20B
— link
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Hashdex files S1 for an ETF that holds Bitcoin and Ethereum, leaves door open for other assets
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tl;dr
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Sygnum's first-half spot crypto trading doubles, derivatives increase 500%
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tl;dr
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On July 24th, second trading day, US spot Ethereum ETFs saw net outflows of $133 million
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Michael Novogratz’s Galaxy raises $113 million for a new crypto venture fund
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archive
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Bitstamp has started distributing Mt Gox claims
— link