Less than a month after the last issuance, the USDC Treasury issued another 250 million USDC on the Solana network
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Tron founder Justin Sun wants to buy Bitcoin held in Germany on the OTC market to prevent market chaos.
Bitcoin’s fall below $58,000 sparked concerns of increased selling pressure due to Mt. Gox wallet activity and large transfers from the German government. But Robert Kiyosaki sees this as a buying opportunity as a bull run will emerge after the crash in late 2025.
VanEck’s Solana ETF approval hinges on the SEC Chairman's stance and the development of a regulated futures market. Changes in SEC leadership after the US elections may influence the outcome.
Lombard aims to enhance Bitcoin's role in DeFi by introducing LBTC, allowing users to stake Bitcoin for yield while retaining liquidity, bridging traditional finance with blockchain innovation. Backed by a $16 million seed round led by Polychain Capital, Lombard plans to integrate LBTC across major DeFi platforms, promising to reshape the DeFi landscape with cross-chain compatibility.
According to Arkham data, the German government transferred as many as 2,800 Bitcoins on Monday (July 1) and Tuesday. According to the Bitcoin price at the time of writing (61,845USD), the total amount transferred The number exceeded US$170 million.
Tom Lee's prediction of Bitcoin reaching $150,000 by the end of the year depends on the resolution of the Mt. Gox allocation and the approval of a Bitcoin spot ETF. Despite recent market volatility, historical trends and positive investor sentiment suggest that significant price increases are possible.
GRIID Infrastructure Inc., an American-based infrastructure company operating bitcoin mining facilities, has been making significant strides since its inception. Now, with its acquisition by CleanSpark Inc., this promising company is poised to achieve even greater heights.
Bitcoin faces potential sell-off pressure from Mt. Gox repayments but may see recovery with FTX cash repayments later in the year.
China responds to concerns about cryptocurrency misuse with cold storage regulations. The government aims to curb covert financial activities and is actively involved in international collaborations. The use of blockchain for real-name identity verification and broader efforts in social media regulation reflects China's commitment to adapting to the evolving digital landscape while maintaining regulatory control.
China intensifies its cryptocurrency crackdown, targeting Tether in forex transactions and imposing stricter legal measures.
China's crackdown on illegal cryptocurrency activities intensifies with Zhao Dong's seven-year prison sentence.
Chinese hackers deploy a deceptive Skype app, leading to a sophisticated phishing scam that exploits cryptocurrency users.
He is the most senior official to be charged for crypto-related crimes to date.
Chinese authorities have uncovered a large-scale cross-border online gambling case with a staggering turnover of 400 billion yuan (approximately $56 billion), revealing the prominent use of digital assets in facilitating the crime in China.
Although this practice would imply that the Chinese government may have finally recognized the legal status of cryptocurrencies, the reality is more complex.
China has shut down many underground cryptocurrency apps.
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin.