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Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
2.7.2024
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...
Cardano updates MiCA compliance indicators 6 months ahead of the curve
2.7.2024
The Cardano Foundation and CCRI release MiCA-compliant sustainability indicators in an effort to position Cardano ahead of the regulatory curve with a focus on energy efficiency and transparency
Commissioner Mark Uyeda calls SEC’s approach to crypto filings ‘problematic’
2.7.2024
Tucked away in a footnote as part of a recent statement, the SEC Commissioner said his agency’s current approach to crypto does not aid capital formation or protect investors
Crypto ‘relief rally’ may be just beginning with sellers exhausted
2.7.2024
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure
Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
2.7.2024
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption
Crypto Exchange Bingx Now English Football Club Chelsea’s Training Wear Partner
2.7.2024
Chelsea Football Club and their principal partner, Bingx, say they have taken their partnership to the next level. Bingx, a leading cryptocurrency exchange, has transitioned from being a sleeve partner to becoming the official training wear partner for Chelsea’s men’s team. Fans worldwide will...
Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin
2.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power...
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
2.7.2024
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion....
Circle’s Stablecoins Now MiCA Compliant
2.7.2024
Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also authorized as an e-money issuer in France, which...
Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman
2.7.2024
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other...
Dave Portnoy’s Crypto Advice: Stick to Bitcoin — Says ‘I’ve Learned That the Hard Way’
2.7.2024
Dave Portnoy, founder and owner of Barstool Sports, has recommended that investors focus on bitcoin for their crypto investments. “I’ve learned that the hard way,” he said, reflecting on lessons from his past crypto investing experiences. Portnoy recently declared his intention...
Digital Assets See Outflows for 3rd Consecutive Week
2.7.2024
Coinshares reported consecutive weekly outflows in digital asset investment products, totaling $30 million. Ethereum faced its worst year-to-date net flows with $61 million in outflows, while multi-asset and bitcoin ETPs saw inflows of $18 million and $10 million, respectively. Regional inflows...
Top underrated crypto: BlockDAG’s $54.9M presale thrives beyond Arbitrum & Optimism
2.7.2024
Despite a dip in its price, Arbitrum (ARB) has shown remarkable market resilience, reaching a market cap of $2.23 billion. At the same time, the price of Optimism has steadily risen, reflecting ongoing improvements and expansion in its Layer 2 solution capabilities. Amidst these market movements...
Tokyo Stock Exchange-Listed Metaplanet Boosts Bitcoin Holdings
1.7.2024
Metaplanet, listed on the Tokyo Stock Exchange under the ticker 3350, announced on July 1 that it has made an additional bitcoin purchase. Following the company’s disclosure on June 24 about plans to acquire BTC worth 1 billion yen ($6.2 million), Metaplanet has initiated the purchase with...
Hashnote Partners With Anchorage Digital to Offer Secure Crypto Investment Returns
1.7.2024
Hashnote, a digital asset manager, has announced a partnership with crypto custody firm Anchorage Digital to offer secure investment returns for institutional clients. This collaboration integrates Anchorage’s custody services with Hashnote’s derivative strategies. Hashnote...
Steno Research: Spot ETFs Will Take Ether to $6,500 Later This Year
1.7.2024
Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading...
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
1.7.2024
The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank's parent entity and its former executives on Monday
Experts say latest SCOTUS opinions will limit SEC power over crypto
1.7.2024
The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws
Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand
1.7.2024
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including...
EU MiCA stablecoin regulations come into effect: Law Decoded
1.7.2024
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets