CBDCs and crypto should coexist, not compete — CoinDCX co-founder
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation.
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If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam.

Bitcoin Price Eyes $11,000 After Mnuchin Speech and Possible ‘Bear Trap’
Bitcoin (BTC) appeared ready to tackle $11,000 once again on July 16 after bouncing off lows as the United States government reinforced its position on the industry.Market visualization courtesy of Coin360Data from Coin360 placed BTC/USD at $10,715 on Tuesday, the pair having gained $800 over the past 24 hours.On Monday, U.S. Treasury Secretary Steve Mnuchin…

Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians
The investment firm is finally rolling out its Bitcoin financing business, which allows institutional investors to leverage their crypto holdings. 1469 Total views 1 Total shares Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional

Celo Raises $30 Million for Stablecoin-Based Smartphone Payment Plans
Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2.Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.Having…

Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy
Galaxy’s head of research expects the funds to see inflows as investors buy the dip.

CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24
Binance and former CEO CZ face lawsuit by investors over unrecoverable assets; RFK Jr. suspends, but doesn’t end, campaign: Hodler’s Digest.

Coinbase public listing filing details 2020 revenue, major a16z stake
The company has benefited a lot from the 2020 market but had lost money in 2019. 2537 Total views 14 Total shares As Coinbase plans to pursue a direct listing on the stock market, which would see its existing shares be traded on United States stock exchanges, the exchange has submitted an S-1 report to…

Bitcoin Price Rejects $6.9K, But Is a Correction Now Imminent?
The price of Bitcoin (BTC) has shown a strong surge in the past weeks, as the price rallied from $3,750 to $6,900. However, the crucial $6,900 level wasn’t broken to the upside and confirmed as resistance. A similar move occurred on the equity markets, as the United States’ equity markets surged 25% in one week,…