Banking
Analysis
Bitcoin Cash jumps 21% following EDX Markets listing
Bitcoin Cash breaks out of its macro downtrend following its listing on the legacy-backed institutional trading platform.
Adoption
Invesco joins BlackRock, WisdomTree in filing for spot Bitcoin ETF
Invesco re-files for a spot Bitcoin ETF stating such a product would increase investor protections.
Adoption
BlackRock Bitcoin ETF filing triggers wave of institutional interest
Some institutional investors are indicating a bullish sentiment toward Bitcoin in the wake of recent SEC enforcement actions.
AI
McKinsey estimates generative AI could add $4.4 trillion to global economy annually
McKinsey researchers write that businesses will face challenges in adopting generative AI but stand to reap enormous benefits.
Analysis
Bitcoin dominance crosses 50% for first time since April 2021
Investor sentiment suggests altcoins now seen as 'fool's gold,' whereas Bitcoin is the 'real deal,' per Turr Demeester.
Technology
BNB Smart Chain launches its opBNB layer 2 testnet
BNB Smart Chain calls on developers to experiment with its opBNB technology.
Legal
Coinbase criticizes SEC for dodging its rule-making petition
Coinbase responds to the SEC's June 13 filing, which snubbed the exchange's request for a rulemaking petition.
Rumors
Fidelity rumored to make “seismic” crypto move soon
Rumors are Fidelity will buy out Grayscale or file a spot Bitcoin ETF application, as BlackRock did last week.
ETF
BlackRock spot Bitcoin ETF ‘not happening,’ application politically motivated, says Noelle Acheson
Noelle Acheson of the Crypto is Macro Now newsletter believes BlackRock's Bitcoin ETF application was filed to have the White House re-assess its harsh regulatory response to crypto.
Technology
Damus says there is “nothing Apple can do” to stop its Bitcoin Lightning tips
Damus tweeted that it will continue offering Bitcoin tipping functionality on its platform, despite Apple's restrictions.
Stablecoins
Tether CTO calls USDT depeg ‘good stress test’ for company
Paolo Ardino says Tether has nothing to hide as it dropped opposition toward a freedom of information request.
Exchanges
Binance withdraws from Netherlands following VASP license snub
Binance will end its Dutch operations from July 17.