According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows.
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German gov’t transfers $172M in Bitcoin to multiple locations
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet.
Nintendo will not use generative AI to build game titles
Nintendo’s president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting.
Nigeria plans nationwide AI and blockchain research centers
The research centers are another step toward Nigeria taking a leadership position in artificial intelligence development in Africa.
Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time.
Bitcoin price loses its 200-day trendline for first time in 10 months
Bitcoin drops through $58,000 as analysis highlights ongoing BTC seller interest throughout 2024.
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
Since launching in September 2023, Opera Mini’s MiniPay app has amassed three million users.
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist.
Bitcoin Core devs set up new policy aimed at handling ‘critical bugs’
Bitcoin Core developer Antoine Poinsot said there is a dangerous perception that Bitcoin Core is free of bugs, noting it is “dangerous and, unfortunately, not accurate.”
Bitcoin falls below $58K on Coinbase, first time in 2 months
The price of Bitcoin briefly dropped to $57,874 amid a wider sell-off in the crypto market, while $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours.
‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months.
Kamala Harris memecoin surges 250% amid calls for Biden to bow out
A Joe Biden-themed memecoin tanked nearly 75% since his debate against Donald Trump on June 27, while his potential replacement’s memecoin has surged.
DWF Labs launches $20M fund for Web3 projects in China
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
Dogwifhat on Vegas Sphere team ‘90% confident’ plan will go ahead
One of the organizers behind the crowdfunding initiative says discussions with the Las Vegas Sphere are progressing and is confident the plan will eventually go ahead.
Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.
From Louisiana to New Hampshire, crypto advocates are winning
It might come as a surprise if you only follow Congress, but a raft of state measures have shown legislators moving in the right direction on crypto.
Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.
Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing.
Bitwise files amended Ethereum ETF S-1 — experts predict July launch
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July.
Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion.
Authy 2FA app leaked phone numbers that may be used for text phishing
Twilio, the developer of the Authy authenticator app, said user phone numbers were leaked to attackers but accounts themselves were not compromised.
Investors brace for US election outcomes as crypto hits the ballot
FIT21’s bipartisan support suggests a potential shift in U.S. crypto policy, while investors are focused on long-term trends despite political uncertainty.
Binance exec trial will resume July 5 as family reports health problems
Though Nigeria's tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering.
NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo.
United Nations, ICP launch digital credentials pilot in Cambodia
The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.
Coinbase cites Binance BNB token precedent in SEC petition
“Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote.
Price analysis 7/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?
UK voters call for candidates to consider crypto as election looms
It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry.
Big Tech produced more carbon since 2019 than all Bitcoin mining ever
U.S. tech firms made huge commitments to “net zero” carbon emissions — but that was before ChatGPT hit the scene.