The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini. With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case with cryptocurrency exchange Gemini, the…
Read more
BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year. Crypto exchange BitMEX accelerated its delisting of derivative contracts and trading pairs in July due to “insufficient trading interest,” offering a glimpse at declining activity on the platform surrounding its decision…
Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Today in crypto, the CLARITY Act remained at the center of the US crypto policy debate as Senator Ruben Gallego blasted Republicans’ proposed ethics rules while Goldman Sachs…
Read more
Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC. Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin…
Read more
Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy. Key takeaways: War, rising oil prices and Strategy’s Bitcoin sales put extra pressure on BTC’s $60,000 support. Strategy’s Bitcoin sales and fears that a global regulatory crackdown on crypto is being reignited are…
Read more
StarkWare CEO Eli Ben-Sasson argued that Bitcoin private keys get lost over time, meaning the amount of usable Bitcoin will diminish. Many disagree. The debate over whether Bitcoin’s fixed supply cap should be lifted has resurfaced after StarkWare CEO Eli Ben-Sasson suggested Tuesday that it should replaced with a 4% annual issuance rate. In a…
Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Today in crypto, gambling industry groups want the US Senate to clarify that the CFTC doesn’t have the authority to oversee prediction markets. Also, the EU’s Markets in…
Read more
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve. Key takeaways: Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs. Strategy’s STRC stock shows weakness, highlighting…
Read more
A federal judge has denied a bid from Michelle Bond, the wife of former FTX executive Ryan Salame, to have campaign finance charges against her dismissed. Michelle Bond, the wife of former FTX executive Ryan Salame, will face illicit campaign finance charges after a judge rejected her argument that prosecutors promised Salame that she would…
Read more
Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. The initial public offering of Elon Musk’s SpaceX has reportedly seen an oversubscription rate running at almost four times the planned offering size, with some analysts suggesting it could be squeezing liquidity from the market. SpaceX’s IPO (SPCX) has attracted…
Read more
