$1B in Bitcoin moves from Satoshi-era wallet after 14 years of inactivity
More than $1 billion in BTC was moved from a long-dormant “Satoshi era” wallet, reactivated just as Bitcoin edges toward a new all-time high. According to blockchain analytics platform Spot On Chain, the wallet moved 10,000 BTC, valued at approximately…...
Read More
IMF Rejects Pakistan’s Plan To Subsidize Power For Crypto Mining, Cites Market Destabilization Concerns
The International Monetary Fund (IMF) has reportedly rejected Pakistan’s proposal to utilize excess power to offer cheaper electricity to the crypto mining sector, despite the country’s surplus energy capacity. Pakistan’s Crypto Mining Proposal Faces Uncertainty On Thursday, news outlet Independent Urdu reported that the IMF has rejected Pakistan’s proposal...
Read More
Chainlink whales accumulate 85M LINK while retail stalls — Will LINK price follow?
Chainlink may be quietly setting the stage for its next move, as on-chain data shows that large holders continue to increase their positions despite a lack of retail participation. According to a July 4 analysis published on CryptoQuant by contributor…...
Read More
U.S. House declares July 14 ‘Crypto Week’ in advance landmark digital asset legislation
The U.S. House has announced July 14 will mark the beginning of a “Crypto Week” to advance key legislation on digital assets. The U.S. House of Representatives has officially designated the week of July 14 as “Crypto Week,” during which…...
Read More
Hong Kong poised to benefit from Singapore’s ‘crypto crackdown’: report
Analysts say that Hong Kong could gain the upper hand in its expansion into a global crypto hub in the wake of Singapore’s regulatory crackdown on unlicensed firms in the region. A recent report by the South China Morning Post…...
Read More
‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial
With his criminal trial just weeks away, Tornado Cash co-founder Roman Storm is speaking out and denying any wrongdoing. In a recent interview with Crypto in America, Storm said the U.S. government is prosecuting him for writing open-source code, not…...
Read More
Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op-ed)
Crypto adoption is accelerating around the world. And with it, a wave of well-funded projects keeps promising financial inclusion in Africa. For years, they’ve pledged to serve the unbanked. But all too often, they deliver little more than press releases and abandoned Telegram groups. The users, the very people...
Read More
Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam
A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products. The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the...
Read More
Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers: Data
On-chain data suggests the veterans of the Bitcoin network were the ones that took profits during the latest market selloff. Older Bitcoin Groups Recently Realized A Large Amount Of Profit In a post on X, the on-chain analytics firm Glassnode has revealed how profit-taking has been distributed among the...
Read More
HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB
HSBC has teamed up with ADX and FAB to introduce the MENA region’s first digitally native bond on blockchain, adding to HSBC’s growing portfolio of digital bond issuances on its Orion platform. HSBC has partnered with Abu Dhabi Securities Exchange…...
Read More