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

China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.Crypto security paves way for CBDCAs Cointelegraph reported,…

A United Kingdom national, and alleged member of “The Dark Overlord” hacking collective, has been extradited to the United States to face charges. According to an announcement from the U.S. Department of Justice on Dec. 18, the charges relate to the purported theft of sensitive information from companies in the St. Louis area, and threats…

US Representative Ro Khanna, a Democrat from California, said at the Digital Assets Summit on March 18 that Congress “should be able to get” both a stablecoin and crypto market structure bill done this year. Khanna added that there are 70 to 80 Democrats now who understand the importance of stablecoin legislation in increasing American

Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees "relief" from US CPI printData from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses.The pair had stayed in a tight…

The new trademark application covers video recordings, text, artwork, and audio featuring live music authenticated by NFTs. 328 Total views 38 Total shares American music giant Sony Music Entertainment has signaled intentions to utilize non-fungible tokens (NFTs) after filing a trademark application covering music and artists under the Columbia Records logo. According to an Aug. 30 trademark…

An R&D lab at crypto startup TenX has tested the use of its cross-blockchain interoperability protocol to transfer ERC20 tokens for Bitcoin (BTC) using the Lightning Network (LN). The news was reported on R&D lab CoBlox’s blog today, Dec. 12, in reference to the demo on Dec. 7.As the blog post outlines, the technical challenge…

BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.

The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar. For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it actually a…