First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
The latest price moves in crypto markets in context for July 3, 2024.
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Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
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Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
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Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said.
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Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token
Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.
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U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
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EU’s Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time
The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.
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Solana ETFs and Huge SOL Gains a Real Possibility Under Trump, Major Crypto Trader Says
Market maker GSR sees bigger upside for SOL than bitcoin saw when it got U.S. ETFs.
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State Street, Galaxy Digital to Develop Active Crypto Trading Products
Galaxy Digital inked a similar deal with DWS last year for the European market.
Financial
ZynCoin Meme Token Patches Things Up With Tobacco Giant Philip Morris
The Fortune 500 firm initially demanded an end to the crypto named for its nicotine pouch, but backed down after realizing there was no entity to sue.