Bitcoin crashes to $53K, but analysts warn the worst isn’t over
    05 Jul 2024
    130 Views

    The price of Bitcoin crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February this year, and analysts fear the worst is still yet to come. Bitcoin has since leveled out to trade at $54,122 at the time of publication, according to TradingView data. Speaking to…

    Coinbase cites Binance BNB token precedent in SEC petition
    04 Jul 2024
    140 Views

    Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey test. In a letter, attorneys relayed Coinbase’s…

    Bitcoin falls below $58K on Coinbase, first time in 2 months
    04 Jul 2024
    198 Views

    The price of Bitcoin briefly dipped as low as $57,874 on Coinbase on July 4, the first time the asset has fallen below the $58,000 mark in more than two months. Bitcoin has since leveled out to trade for $58,964 at the time of publication but is still down 3.4% on the week, per TradingView data. Bitcoin’s…

    TON blockchain integration enhances digital asset security
    03 Jul 2024
    166 Views

    Cobo, a digital asset custody and wallet provider, has announced that it will support The Open Network (TON). This integration brings Cobo’s comprehensive custody solutions to the TON blockchain, including custodial wallets and multiparty computation wallet tech. Through the collaboration, Cobo will integrate TON’s native Toncoin (TON) token, Notcoin (NOT) and stablecoins such as Tether….

    Ethereum ETFs in ‘window dressing’ stage, approval in weeks — Galaxy
    03 Jul 2024
    126 Views

    Galaxy Digital’s head of asset management believes spot Ether exchange-traded funds will be approved in “weeks” rather than days but agrees the decision will come sometime in July. “Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged,” said Steve Kurz in an interview with Bloomberg TV on July 2. Galaxy Digital…

    Crypto ‘relief rally’ may be just beginning with sellers exhausted
    02 Jul 2024
    128 Views

    The crypto markets could be set for a “relief rally” after a market rollercoaster in June, with some analysts suggesting selling pressure on exchanges has tapered off. “Looking at July’s outlook, there is major reason to be optimistic after so much small trader capitulation,” crypto intelligence platform Santiment posted to X on July 2. It added negative…