Crypto dips then bounces on Biden-Harris switch. SOL again leads, DEX volume eclipses ETH + BNB. Biden news had led to $67m liquidations. Democrats have chance to ‘regain crypto vote’. Mt Gox transfers to Bitstamp expected soon. Crypto sees $3.2bn fund inflows in 3 weeks. China company Boyaa buys $100m BTC.
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BTC ETFs: +$44m, ETH ETFs: -$133m. ETH falls as Grayscale ETF outflows continue. ETH ETFs still see $1bn of daily volume. Liquidations hit $250m in sell-off. ETH Open Interest hits ATH at CME. BTC whales have bought $23bn in July. SOL weekly active addresses hits ATH. Bitstamp to distribute Mt. Gox BTC today.
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BTC ETFs: -$78m, ETH ETFs: +$107m. BTC falls amid ETF outflows & Mt. Gox movements. ETH ETFs see ‘very solid’ first day $107m inflows. Grayscale ETH trust sees $484m outflow. ETH ETF volumes come out at 23% of BTC. Debate about whether strong flows will continue. SOL DEX volume continues to rise above ETH.
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It took 10 years, but Mt. Gox customers are about to receive their Bitcoin stolen from the collapsed exchange via Bitstamp….
Continue reading on https://decrypt.co/241440/mt-gox-bitcoin-repayments-bitstamp-thursday
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Citing a Supreme Court ruling, the firm notes that the Securities and Exchange Commission could have its authority diminished….
Continue reading on https://decrypt.co/241284/coinbase-coin-stock-price-target-citi-research-buy
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BTC ETF Inflows: +$301m. BTC dips from $65k as $6bn moves from Mt. Gox. Coinbase & MicroStrategy surge with BTC. Genesis sells another $38m BTC. ETH ETF timeline delayed until July 23rd. Trump chooses crypto friendly Vance as VP. Old clip shows Vance bashing Gensler on crypto. Bitcoin is good during debasement: Larry Fink.
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Stablecoin issuer Paxos said Thursday that the Securities and Exchange Commission has ended an investigation into its Binance-branded product….
Continue reading on https://decrypt.co/239430/sec-ends-busd-stablecoin-investigation-without-enforcement
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BTC ETF Flows: $216m. $654m of inflows into ETFs over 3 days. BTC transaction fees hit 4-year low. German state moves $300m BTC, holdings $1bn. SOL flips ETH for 7d DEX volumes. SOL Firedancer sees first accepted block on testnet. Tether mints another $250m USDT on SOL. Crypto monthly active addresses tops 100m.
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The DEX pointed to the Supreme Court’s ruling on Chevron deference, arguing that the SEC should abandon its effort to regulate DeFi….
Continue reading on https://decrypt.co/239238/uniswap-sec-defi-rules-dropped-chevron
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The ‘TradFi Meets DeFi Mixer’ event in Brussels aims to provide a strategic platform to discuss and explore the future of finance….
Continue reading on https://decrypt.co/238835/bit-digital-to-bridge-tradfi-and-defi-at-ethcc-mixer
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