Analysis
Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods
The Binance ETH/USDT perpetual long-to-short ratio slipped to 0.98 on July 9, the first print below parity since April 16, 2023.
Gino Matos 2 min read
North America News
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ETF
Rex-Osprey Solana staking ETF doubles cumulative inflows to $41M on July 8
Despite the increase, the net inflow amount represents 0.05% of Solana's total market cap, well below the proportions registered by Bitcoin and Ethereum ETFs.
Regulation
SEC Crypto Task Force head warns assets remain securities regardless of tokenization
SEC's Hester Peirce said the potential of tokenization is enchanting, but it can't magically transform the nature of the underlying asset.
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Politics
US senators seek sanctions on El Salvador President over ‘Bitcoin misuse’ and human rights violations
Bukele challenges proposed US sanctions, dismissing lawmakers' oversight on crypto and human rights concerns.
Stablecoins
Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M
BNY Mellon will be tasked with facilitating Ripple's efficient enterprise-level cross-border transactions with RLUSD.
Crypto
Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception
Lubin believes Ethereum's treasury strategies will serve as crucial catalysts for driving decentralization and ensuring market stability.
Adoption
SharpLink stock continues surging as treasury tops 200k Ethereum
SharpLink surges on 200,000 ETH milestone as firm embraces aggressive treasury strategy.
Scams
Scam targets dormant Bitcoin wallets with fake legal notice
Scam alert for early Bitcoin holders as a new 'lost wallet' scheme emerges.
ETF
Truth Social files for ETF holding BTC, ETH, SOL, XRP and CRO
The ETF proposal includes staking to enhance returns while offering market exposure.
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Bankruptcy
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Deals
CoreWeave’s $9B Core Scientific deal faces backlash and legal investigation
Investments
Strategy adds $21B in Bitcoin value during Q2 but faces $4B tax hit
Investments
