Ether, a ‘90s tech stock’ ends July with biggest gain in 3 years
Ether rose 56% this month in its strongest monthly gain since July 2022 amid strong ETF flows and ETH treasury firm buying....
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SEC issues new ‘listing standards’ for crypto ETPs, what are they?
The U.S. SEC reportedly issued new ‘listing standards’ for crypto asset-based ETPs in a new exchange filing. What are the requirements for a listing? According to a recent post by Bloomberg ETF analyst Eric Balhunas, U.S. financial regulators have issued…...
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Bolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework
On Wednesday, Bolivia’s central bank announced that it had signed a formal agreement with El Salvador’s digital asset regulator, marking a significant step toward developing a legal and technical framework for cryptocurrency adoption in the Andean nation. The Central Bank of Bolivia (BCB) and El Salvador’s Comisión Nacional de...
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Bitcoin, XRP, Ether Recoup Overnight Losses as Analysts Point to Growing Threat to Fed Independence
Major cryptocurrencies have reversed overnight losses, with analysts asserting that Wednesday’s Fed decision underscored President Trump’s growing influence over the central bank, strengthening the long-term bullish case for crypto. The Fed kept the benchmark interest rate steady at 4.25% as expected, and Chairman Jerome Powell dampened prospects of renewed...
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Nasdaq-listed Fundamental Global announces ETH treasury as it rebrands to FG Nexus
Nasdaq-listed Fundamental Global is rebranding as FG Nexus as it embraces Ethereum as its core treasury asset. On July 30, which was also Ethereum’s 10th anniversary, the North Carolina-based firm announced a sweeping strategic shift aimed at aligning itself with…...
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From Crypto King To Convict: AML Bitcoin Founder Sentenced To 7 Years
A California jury has sent a clear message about crypto scams. According to the US Department of Justice, Rowland Marcus Andrade will spend seven years in prison after being found guilty of wire fraud and money laundering. Andrade had pitched a token called AML Bitcoin as a legit way...
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Slower bull market ahead? Fed rate cut probability falls to 40%
Federal Reserve Chair Jerome Powell’s comments dampened hopes for a September rate cut, which could lead to a slower crypto bull run, one analyst speculates....
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Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday. The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A...
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Crypto Shake-Up: DOJ Pulls Back from Targeting Dragonfly Over Tornado Cash Links
The US Department of Justice (DOJ) has clarified that it will not pursue charges against Dragonfly Ventures over the firm’s early investment in Tornado Cash, a crypto-mixing protocol currently under legal scrutiny. This follows earlier reports suggesting that the venture capital firm could face legal action due to its...
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Ethena’s TVL tops $8B after 50% monthly gain — can ENA sustain uptrend above $0.60?
Ethena’s total value locked has surged by an impressive 50% in the past month, with ENA posting significant price gains. According to DeFiLlama data, Ethena’s (ENA) TVL was $8.44 billion at the end of July. Compared to $5.46 billion at…...
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