Trading
Adoption
Grayscale: 77% of US investors are ‘more likely’ to tap into crypto if SEC approves Bitcoin ETF
“While big banks continue to grapple with how to engage with Bitcoin, mainstream adoption has arrived,” according to Grayscale’s latest Bitcoin Investor Study.
Price Watch
Ethereum (ETH) breaks above $3,000 as Bitcoin (BTC) breaks above $44,000
Bitcoin, Ethereum, and other major cryptocurrencies are posting moderate gains on Saturday.
KYC
Binance limits daily withdrawals to $2,000 for basic accounts amid regulatory woes
Crypto exchange Binance continues “to adapt to new regulations” by "enhancing" its know-your-customer efforts.
Investments
Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021
The electric car manufacturer had to mark down $23 million worth of Bitcoin on the heels of May's crypto market dip.
Trading
Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May
"There is still more air to come out" of the Bitcoin market, argued chairman and CIO of Guggenheim Investments Scott Minerd.
Regulation
Crypto bank BlockFi faces regulatory block in New Jersey
Starting Thursday, popular cryptocurrency lender BlockFi won't be able to onboard new clients from New Jersey.
Tokenization
Binance ‘burns’ nearly $400 million worth of BNB
Crypto exchange Binance has destroyed roughly 1.3 million BNB as part of its quarterly token burn.
Hacks
DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit
An unknown hacker drained 2,500 Ethereum—worth around $4.8 million—from decentralized finance liquidity protocol ThorChain.
Adoption
DeFi crowd mocks Harvard Law student group for voting $20 million out of Uniswap treasury
Members of the decentralized finance community are not happy with the latest "governance theatrics" on Uniswap.
Trading
Bitcoin, Dogecoin, all coins fall amid sudden crypto market pullback
Nearly all cryptocurrencies are falling toward double-digit losses today as markets plunge into the red zone.
Legal
Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit
Ripple Labs wants the former head of the SEC's Division of Corporation Finance to testify on XRP.
Investments
No more Dogecoin or memecoin shilling on TikTok after ban on paid crypto promotions
Social media giant TikTok has prohibited influencers from taking part in paid advertisements of any financial services or products.