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Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.

Bitcoin ‘potentially reached’ local bottom, Bitfinex says

Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.

How Luma AI turns crypto memes into viral videos

The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.

Memecoins and AI are pushing Gamefi out of the spotlight

Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.

German gov’t shifts additional 3K BTC in 1 hour

The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.

Bybit lists Hamster Kombat’s token for pre-market trading

The access to Hamster Kombat tokens on Bybit’s OTC pre-market platform allows users to secure HMSTR tokens ahead of the market and to lock in their purchases early.

Bitcoin weakness spurs $441M digital asset inflows

Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.

Pancake Bunny hacker siphons $2.9M of Ether through Tornado Cash

Three years after the Pancake Bunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.

Tether CEO advocates for localized AI models to prevent hacks

Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks.

Japanese public firm Metaplanet buys another $2.5M of Bitcoin

After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin.

BTC price risks ‘double top’ — 5 things to know in Bitcoin this week

BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.

Canada to sanction LiquiTrade for Securities Act violation

The BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban.

Coinbase-posing scammers steal $1.7M from a user amid a string of attacks

A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange.

$1M bug bounty for Solana Firedancer client goes live this week

Firedancer is a highly anticipated new validator client for the Solana blockchain and its creator is calling on devs to look high and low for any critical bugs.

Karma served: Pink Drainer gets hit with address poisoning scam

“The scammers have been scammed” — notorious crypto-draining took kit just lost 10 ETH to a wallet poisoning attack.

Bitcoin miner TeraWulf is open to merger but not for ‘empire building’

Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed.

China to ramp up brain chip program after teaching monkey to control robot

The country’s current progress appears to be on par with Elon Musk’s Neuralink.

Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally

Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

5 bullish arguments that Bitcoin price just bottomed at $53K

Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.

Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub

The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code.

Bitcoin traders hope bottom is in after BTC price bounces 9% from lows

BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground.

Taiwan central bank says no rush for CBDC launch

The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.

Solana has impacted Africa’s crypto market maturity — Exchange exec

Adopting any technology is based on the strength of its community, and Solana has proven that with its African community.

North Carolina's CBDC ban bill vetoed by governor

Governor Roy Cooper was slammed for not putting "partisan politics aside” to support a law that would benefit all North Carolina residents.

Tron is building a gas-free stablecoin solution for Tron, Ethereum chains

Tron’s founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level.

Roaring Kitty fraud suit dropped, Ethereum Foundation hacked, and more: Hodler’s Digest, June 30 – July 6

Roaring Kitty fraud lawsuit voluntarily dropped, Ethereum Foundation email server hacked, and Circle becomes first MiCA-compliant stablecoin issuer.

Bitcoin mining difficulty hits lowest level since March as price tops $57K

The drop in mining difficulty should spell relief for the largest mining firms.

Valora launches ‘Mobile Stack’ Web3 launchpad for iOS and Android

The peer-to-peer payments company aims to grow Web3 beyond its current crypto-native audience.

Nigerian central bank alleges unauthorized transactions by Binance

Binance’s alleged illegal operations were highlighted in court on July 5, with a central bank official testifying on the lack of necessary licenses and regulatory approval.

Nigerian blockchain leader advocates AI to save African languages

The use of blockchain and AI to improve various areas of society is essential in Africa now more than ever.

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