Author: Crypto Insider

According to a July 4 report from blockchain analytics platform DappRadar, the number of users using Web3 applications reached a record high in the second quarter. The number of daily unique active wallets (dUAW) was approximately 10 million over the quarter, a 40% increase from the first quarter and the highest number ever reached. According…

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 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…

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…

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….

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…