Category: Latest news
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Bitcoin breaks $31,000 | CryptoSlate
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Crypto markets are booming after historic XRP ruling; BTC and ETH both break critical barriers at 31k and 2k
[ad_1] Bitcoin and the rest of the cryptocurrency market saw significant gains after Ripple secured a victory against securities regulators on July 13. As of 8:30 p.m. UTC, Bitcoin (BTC) had gained 4.3% over 24 hours, achieving a $31,594.31 market value and a $613.8 billion market cap. That change represents more than a one-year high,…
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Worldcoin surpasses 2M signups for its World ID program
[ad_1] On July 13, Worldcoin, an identity verification and cryptocurrency project, announced that it reached a milestone of 2 million signups for its World ID program. The global reach of the company was facilitated by the deployment of Orbs, its first custom biometric imaging devices, as per Worldcoin. The company introduced these devices as part…
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Binance appoints new general counsel amid intensifying legal troubles
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Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
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First European Bitcoin ETF set to launch this month after 12-month delay
[ad_1] Jacobi Bitcoin (BTC) exchange-traded fund (ETF), the first European BTC ETF, is set to launch later this month on Euronext Amsterdam, Financial Times reported on July 13. Jacobi Asset Management reportedly stated that the fund was “on track” for listing this month as there was now demand for it following its initial 12-month-long hiatus…
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BlackRock’s Bitcoin ETF filing fuels U.S. accumulation
[ad_1] BlackRock, the world’s largest asset manager with more than $9 trillion in assets under management, has sent ripples through the cryptocurrency market with its recent filing for a Bitcoin Exchange-Traded Fund (ETF). Despite being home to some of the largest cryptocurrency exchanges, the United States does not have any ETFs tracking Bitcoin’s spot price…
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Understanding divergence in Bitcoin prices across platforms
[ad_1] Quick Take The Bitcoin market is presently exhibiting intriguing disparities across different trading platforms. On Binance US, Bitcoin is currently changing hands at an unusually low rate of $26,601. This represents a significant discount in comparison to other platforms. In contrast, the current spot price on Coinbase is markedly higher, with Bitcoin trading at…
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Celsius’s Mashinsky arrested, SEC files securities fraud charges – reports
[ad_1] Alex Mashinksy, the co-founder and former CEO of bankrupt crypto lender Celsius, was arrested during the early hours of today, according to a July 13 Bloomberg report, citing people familiar with the matter. The U.S. Securities and Exchange Commission (SEC) has also filed securities fraud charges against Mashinsky and Celsius, according to July 13…
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The shifting tides in global currency and asset markets
[ad_1] Quick Take The U.S. Dollar Index (DXY) has been experiencing a downward trend, edging almost below 100 for the first time since its significant rise in April 2022. A year prior, in May 2021, the DXY index had sunk as low as 90, only to climb to an impressive high of 114 by October…