Trading
Legal
Vermont joins multistate investigation into Celsius
State authorities in Texas, Alabama, and Vermont are investigating the operations of crypto lending firms like Celsius over offering unregistered securities.
Bear Market
Bitcoin dips under $20K as US inflation rises over 9%
US President Joe Biden has said the latest inflation figure is “unacceptably high” and “out of date.”
DeFi
MicroStrategy’s Michael Saylor says Ethereum is a security
Saylor says a cryptocurrency can only be a commodity if there is no issuer and no one is making any decisions on the network.
Legal
Solana sued for being ‘centralized,’ ‘security’
The network’s developer, founder, and partners are accused of profiting from the sale of an unregistered security.
Rumors
FatMan Terra reveals inner workings of alleged DOCK pump and dump scheme
FatMan Terra said his friend was not part of DOCK’s team but paid for a BitBoy Crypto shilling video and billboard advertisements to pump the coin.
Analysis
Bear market sentiments begin to ‘cool off’ as Ethereum records another week of inflows
Ethereum has seen a modest turn around in investment interest as the bearish market sentiments continue to recede.
People
Ripple co-founder Jed McCaleb to finish selling XRP holdings by July 16
It took Jed McCaleb eight years, one month, and 25 days to finish selling all of his 9 billion XRP holdings.
Analysis
Bitcoin holders should expect further price decline says Glassnode
A comparison of this bear market with previous ones showed that Bitcoin holders may still have to deal with extra selling pressure.
Legal
Celsius gets sued amidst Ponzi scheme allegations
KeyFi CEO alleged that Celsius has refused to honor the terms of a contract between both firms as regards profit sharing.
NFTs
Reddit launches NFT marketplace compatible with Ethereum
Reddit said the NFTs were minted on Polygon, and royalties from its secondary sales would be shared equally with artistes who worked on the project.
Merge
Only 17% of Ethereum stakers are in profit as validator deposits decline
Ethereum validators in profit are those who made their deposits when the digital asset was trading under $1000.
Regulation
US bars crypto holders from contributing to crypto policies
The office declared that the "de minimis" exemption does not apply to cryptocurrencies and stablecoins.
