BTC price aims for $68K as US unemployment beat ups Fed rate cut odds
Bitcoin sails higher on US jobless claims, with the BTC price dip to $65,000 swiftly being left behind.
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Gemini exchange’s crypto custody doubled since January, reaching $25B
Gemini Custody has quickly emerged as a leading platform for institutional investors. 963 Total views 9 Total shares The Tyler and Cameron Winklevoss-owned Gemini exchange announced a major milestone on Tuesday, as total cryptocurrency held in custody surpassed $25 billion for the first time. In charting its impressive growth, Gemini touted growing participation from institutional investors…

Supercar maker Mazzanti Automobili launches security token offering
The STO will take place on the Luxembourg-based STOKR marketplace. 3593 Total views 11 Total shares Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR.As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar…

Double trouble: FTX founder Sam Bankman-Fried faces two criminal trials
A District Judge ordered a separate trial for the DOJ's charges against Sam Bankman-Fried which were added following his extradition to the U.S. 169 Total views 2 Total shares Criminal charges against FTX co-founder Sam Bankman-Fried have been split, with the former CEO now facing two separate trials for his alleged mismanagement of the crypto…

Ethereum whale population drops after Shapella — Will ETH price sink too?
The share of Ethereum (ETH) held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in t near term.ETH whale population shrinks post-ShapellaThe amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on May 1, according to Glassnode…

Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year. 158 Total views 20 Total shares Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), has struck a deal that could end an ongoing lawsuit to

Charles Hoskinson Thinks Cardano Will Prevail Over Libra in Emerging Markets
Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates on June 26.According to Hoskinson, emerging markets are the future. He says:“Emerging markets are where cryptocurrencies matter [...] When I…

$10B asset manager registers new Bitcoin fund with SEC
Stone Ridge Asset Management, the parent company of New York Digital Investment Group, or NYDIG, has been actively pursuing new investment vehicles for Bitcoin. On Friday, Stone Ridge's open-end mutual fund revealed a new Bitcoin-focused investment strategy. 2650 Total views 13 Total shares Stone Ridge Asset Management, the alternative investment manager behind New York Digital…

Gemini Exchange Partners With Samsung
Gemini has teamed up with Samsung, paving the way for mobile wallet interaction with the U.S.-based crypto exchange's app. 1960 Total views 41 Total shares U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration.The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini's…