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

July 8, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

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

Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer funds." Prime Trust's financial condition is "critically deficient" and the crypto custodian is unable to honor customer withdrawals according to a cease and desist from Nevada's business regulator.In a June 21 order, the Nevada, Department…

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Bitcoin ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s

However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard.

CBS doco on Silk Road throws spotlight on Ross Ulbricht

The Silk Road saga gets more airtime on the latest CBS News documentary 1059 Total views 18 Total shares Mainstream U.S. media outlet CBS is airing a documentary tonight on the takedown of the Silk Road dark web marketplace.It features an interview with Julia Vie, former girlfriend of Silk Road founder Ross Ulbricht who claims…

Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study

After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community. 295 Total views 2 Total shares Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called…

Loom Network Offers a Rewards Program to Its DApp Developers

Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program.In the announcement published on Sept. 24, Loom said that it kicked off a new campaign to recruit decentralized applications (DApps) developers, which involves several large bonuses of Loom tokens to grow the ecosystem. Co-founder…

Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins

Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves. 2760 Total views 2 Total shares The crypto winter could be claiming more casualties among the stablecoin camp. The de-pegging of TerraUSD (UST) on Tuesday triggered market sell-offs, and now Tether (USDT) appears…

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WisdomTree withdraws its Ethereum Trust S-1 registration filing

WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Crypto Exchange Coincheck’s Owner Monex Reveals Plans to Open US Trading Platform

Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27. A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex…

US Treasury sanctions USDC and ETH addresses connected to Tornado Cash

The protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group. 823 Total views 6 Total shares The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the…

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