Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally.
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Facebook’s Libra hires former OCC prosecutor and central bank expert
The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. 1160 Total views 12 Total shares The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system. In an official press release, the Libra Association Wednesday…

Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO
Tesla’s market capitalization has surged from about $76 billion at the start of 2020 to $224.18 billion at market close on July 2. This unending rally has also made it the largest car company in terms of market capitalization, even though it produces only a fraction of cars compared to the second-ranked Toyota motors. One…

Binance recovers $73M in stolen funds, surpassing 2023 security efforts
Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.

Monad’s $225M funding: Optimistic parallelization and MonadBFT insights
Monad Labs raised $225 million, led by Paradigm, pushing forward the discussion on parallelized EVM chains.

Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs
A letter to the secretary of the SEC outlines discrepancies in its rejection of Bitcoin spot ETFs and acceptance of Bitcoin futures ETFs. 342 Total views 27 Total shares Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application.The operator of the…

Ethereum hits a new all-time high as CME futures go live: Why is ETH price rallying?
The price of ETH, the native cryptocurrency of Ethereum, achieved a record-high on CME launching dedicated futures. 287 Total views 4 Total shares The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it…

UAE to introduce legal framework for DAOs
UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally.

Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom. 181 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United…