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Ether ETFs on the move, Messi promotes memecoin, and more: Hodler’s Digest, July 7-13

VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.

JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding

Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.

Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities

By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.

SEC vs. Ripple: One year on since landmark ruling

While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.

Binance tax evasion verdict set for October

Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.

Spot Bitcoin ETFs see highest flow day in over 5 weeks

The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.

OpenAI is building a new AI model under code name 'Strawberry' — Report

Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.

Square-Enix backs blockchain-based football MMO ‘Soccerverse’

The game uses the Polygon blockchain and currently runs in most browsers.

SOL struggles to reclaim $145, but Solana network fundamentals remain solid

Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.

German government offloads its final Bitcoin holdings

The German government officially has zero BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000.

Will UK Economic Secretary follow through with a ‘crypto crackdown’?

MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.

Trading platform Abra purchased Valkyrie’s crypto trusts: Report

Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.

Final signoff on spot Ether ETFs expected imminently, listings next week — Source

Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12.

Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.

Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms

XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.

Price analysis 7/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage.

SEC drops investigation of Bitcoin Stacks developer Hiro — Filing

This is the second crypto investigation the US securities regulator dropped this week.

Ignoring quantum threats in CBDC design is reckless

The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.

Elon Musk’s X could face $200M EU fines over alleged DSA violations

At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.

Bitfarms calls October shareholder meeting amid attempted Riot takeover

Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests.

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