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Bitcoin transfer costs fall to 2020 lows

Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs.

Nigerian minister urges SEC to tackle crypto regulation challenges

Nigeria’s cryptocurrency regulations are currently being updated.

Microsoft and Apple renounce OpenAI board membership

After investing $13 billion in OpenAI in 2023, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators.

Spot Bitcoin ETFs buy up $654M of BTC in 3 days

Investors have piled into Bitcoin ETFs since July 5, but it wasn’t enough to offset Germany’s BTC selling spree.

Bank of Italy to release crypto guidelines in ‘coming days’ — Governor

Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies.

Ethereum ETFs ‘close to the finish line' — Bitwise CCO

Bitwise’s chief compliance officer Katherine Dowling says “fewer and fewer” issues in the S-1 filings are being pushed back and forth between the SEC and prospective ETF issuers.

Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report

Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi

Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.”

Ronaldinho joins Messi in promoting water-themed Solana memecoin

Water Coin spiked nearly 40% one hour after Ronaldinho mentioned it in an Instagram post, but it has since settled below its pre-pump price.

Mining company TeraWulf pays off outstanding debt early

The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment.

Circle launches euro-backed EURC on Base, enabling layer-2 forex trades

Circle announced that the new Base version of EURC is the first MiCA-compliant stablecoin for the network.

Crypto platform DeFi Technologies to acquire trading desk Stillman Digital

Analysts say the all-stock deal will transform the Canadian crypto platform into “a smaller version of Galaxy Digital.”

3 reasons why Ethereum price continues to underperform against BTC in 2024

Ethereum price underperforms BTC on a number of metrics as investors await spot ETH ETF to start trading.

Chamber of Progress says Biden can ‘still win’ on crypto against Trump

According to the advocacy group, the US president still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation.

Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin

A hacker reportedly posted to Doja Cat’s X account telling fans to “buy DOJA or else.”

Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?

Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.

Hut 8 expands mining operations with power deal in West Texas

Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity.

Invesco Ether ETF sets fees at 0.25% as competition among issuers heats up

The proliferation of proposed spot Ethereum ETFs could benefit spot investors as fund sponsors compete on management fees.

Bitcoin Fear & Greed Index hits lowest level since January 2023

Lower levels on the Crypto Fear & Greed Index indicate negative investor sentiment, while higher levels indicate a fear of missing out.

Crypto needs to remove friction for the next billion users: Coinbase

Consumer apps could be another pathway toward mass crypto adoption, according to Coinbase’s senior director of engineering.

Ton Application Chain and Polygon team up to launch new TON L2

Ton Application Chain and Polygon Labs say the L2 integration will bring a range of new applications, including DeFi and GameFi, to users of the TON ecosystem.

Ethereum's future hinges on interoperable layer-2s

Ethereum layer-2 fragmentation may require a ZKP fix in the future, but interoperable L2s are the surest fix in the meantime.

BTC price taps $58K as vital Bitcoin bull market trendline reemerges

Bitcoin shrugs off the latest round of German government onchain transactions, but BTC price resistance trendlines stay out of reach.

Sentencing for ex-FTX execs set for October, November

Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.

Earn Bitcoin for eating tickets, Immutable says ‘big studios are showing up’ — Web3 Gamer

Immutable co-founder Robbie Ferguson says the Web3 ecosystem is at a “critical inflection point,” and Notcoin’s price jumps 17% as other gaming tokens tumble.

Labour victory in UK elections renews crypto industry optimism

The Labour Party has promised to make the UK “a global leader in tokenization.”

Labour victory in UK elections renews crypto industry optimism

The Labour Party has promised to make the UK “a global leader in tokenization.”

China leads the world in gen AI adoption but falls behind in full implementation

A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology.

Worldcoin invites devs to build ahead of mainnet launch in 2024

With the World Chain developer preview, devs can deploy infrastructure on a “gated mainnet,” as World Chain is skipping a testnet.

Crypto adoption in Argentina soars amid 276% inflation spike

Argentina has emerged as the top market by numbers of visitors on Binance, one of the world’s largest crypto exchanges.

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