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Economics at cointelegraph.com

Today News

09

Bitcoin gives up late June gains amid warning $60K holding is ‘lucky’

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Bitcoin is coming full circle to remove any trace of last weekend’s BTC price run-up, and liquidity is waiting below $60,000.

08

South Korea crypto body says mass token delistings ‘unlikely’ amid new laws

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South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months.

06

TON blockchain integration enhances digital asset security

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Cobo expands its digital asset custody solutions by integrating the TON blockchain, enhancing security and flexibility for institutional clients.

05

Meta seeks AI expert for metaverse expansion with $347K salary

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Meta is seeking an expert to lead its AI metaverse vision, though a regulator has prohibited the company from using personal data from Brazilians to train its AI.

04

Ethereum will outperform Bitcoin after ETF launch — K33 Research

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The price of Ethereum could be bolstered by inflows into upcoming U.S.-based spot Ether ETFs, while Bitcoin faces headwinds from Mt. Gox creditor repayments.

01

3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in

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Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price.

Tuesday, Jul 2

00

Ethereum Foundation email hacked to promote Lido staking phishing scam

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A hacker broke into the Ethereum Foundation’s email server and sent scam emails to 35,794 people, recording 81 subscriber email addresses in the process.

22

3 ways futures traders can use leverage and avoid liquidation losses

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Pro traders use a combination of futures trading strategies to generate profits while limiting their liquidation risk.

21

Bitcoin traders say BTC’s trend change potential rests at $65K

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Bitcoin’s potential trend change awaits at $65,000, where short-term traders will break even and leveraged shorts risk a major washout.

Judge signs off on expedited schedule for Consensys suit against SEC

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While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm.

20

How long will Bitcoin’s price consolidation last?

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Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves.

19

How ETFs are reshaping the crypto markets

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In Cointelegraph’s latest video, experts discuss the impact of the spot Bitcoin ETF approvals on the crypto markets and the potential for a spot Ethereum ETF.

Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024

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Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.70 billion total assets under management to Bitcoin.

17

Bitcoin circles $63K as liquidity sparks hopes of 40% BTC price gains

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Bitcoin stands to potentially gain big from a global liquidity trends, analysis concludes, as the June BTC price downtrend ends.

Sentient closes $85M seed round for open-source AI

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The round was led by Peter Thiel’s Founders Fund alongside Pantera Capital, Framework Ventures and others.

16

Low Bitcoin and Ethereum fees may not necessarily be good news

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Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?

15

German gov’t transfers another $52M in Bitcoin, threatening more BTC selling pressure

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Repeated Bitcoin transfers to centralized exchanges suggest the government plans to sell its $2.75 billion in BTC holdings.

14

SEC vs. Binance: Court rules BNB sales, cryptocurrencies not securities

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In a major win for the crypto industry, a federal court ruled that cryptocurrency tokens themselves are not securities.

11

Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K

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BlackRock’s iShares Bitcoin Trust and the Grayscale Bitcoin Trust — the two largest spot Bitcoin ETFs by net asset value — saw zero flows on Monday.

09

SEC Commissioner Mark Uyeda calls agency’s approach to crypto filings ‘problematic’

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Tucked away in a footnote as part of a recent statement, the SEC commissioner said his agency’s current approach to crypto does not aid capital formation or protect investors.

08

Crypto ‘relief rally’ may be just beginning, with sellers exhausted

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The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure.

Bitcoin miner Northern Data eyes $16B IPO for US cloud and mining units

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Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025.

07

Bahamas wants to force banks to support its Sand Dollar CBDC

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The Bahamas was one of the first countries in the world to launch a central bank digital currency — the Sand Dollar in 2020 — and is now looking for ways to boost its adoption.

04

Robinhood users are getting AI tools to help them trade

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Robinhood has acquired Pluto Capital, an AI powered investment research firm.

Roaring Kitty fraud lawsuit over GameStop dropped after 3 days

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A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejudice,” meaning he can file another similar lawsuit again in the future.

02

Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts

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Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.

01

Why is the crypto market up today?

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The crypto market is up today after signs of seller exhaustion emerged, and a strengthening technical setup inspired traders to open new positions.

Monday, Jul 1

00

SEC files lawsuit against FTX-linked bank, alleging fraud

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Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”

23

Experts say latest SCOTUS opinions will limit SEC power over crypto

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The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws.

22

EU MiCA stablecoin regulations come into effect: Law Decoded

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Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.