CoinGape is a leading global source for timely news, analysis, and expert opinions on blockchain and cryptocurrency. At Voted.News, we condense CoinGape’s broad coverage into quick, digestible updates, allowing readers to stay informed on market trends, regulatory shifts, and emerging technologies with minimal effort. Experience the best of CoinGape at Voted.News—where concise insights meet reliable reporting.
Binance will delist certain $BTC margin trading pairs on July 8, 2024, impacting $DGB, $TLM, and $VOXEL. Trading for these pairs will be suspended on July 7, 2024. Users should close positions and transfer assets to Spot Wallets. #Update
UK Labor Party’s landslide win positions Keir Starmer as next PM, succeeding Rishi Sunak. Future crypto policies remain uncertain, but Labor’s pro-industrial growth stance could benefit $BTC and Web3. Experts predict the tokenization industry could surpass $16 trillion in the next decade. #Update
OpenAI has asked a NY court to compel the @nytimes to provide proof of originality for its articles amid a copyright lawsuit. The NYT calls the request excessive, arguing the focus should be on whether OpenAI used copyrighted content without permission. #Update #AI #Media
ASIC alerts investors: NGS Crypto rebrands to Hiddup amid investigation. Federal Court approves receivers for $41M owed to investors. This move highlights the need for transparency and stringent crypto regulations in Australia. #CryptoRegulation
IRS and Treasury finalize new crypto tax rules, requiring trading platforms to report customer gains/losses, expected to boost IRS revenue by $28B in 10 years. Decentralized brokers excluded, highlighting regulatory challenges. Key for financial institutions navigating digital assets. #CryptoTax #IRS #Update
UniSat Wallet completes Pre-A funding round led by @BinanceLabs, finalizing in May 2024. This partnership aims to enhance Bitcoin and Ordinals management, focusing on security and ease of use. Valued at $50M in July 2023, UniSat will leverage Binance’s strategic investment for tech advancements. #CryptoNews
Dogecoin whale accumulates 90M DOGE from Binance amid market crash, boosting holdings to 1.42B DOGE worth $157.3M. Despite a 7.08% pullback to $0.11, this move hints at bullish sentiment. Derivatives volume surged 64.80%, showing investor uncertainty. #CryptoNews
The German government sold 1,300 Bitcoin ($76.5M) to @Coinbase, @krakenfx, and @Bitstamp amid a price dip below $59K. This sale adds to the 8,000 BTC already offloaded, leaving 42,059 BTC. Recent transfers to Flow Traders reflect efforts to mitigate crypto market risk. #CryptoNews
Ripple has launched “Try It” for its Payments API, allowing developers to send simulated API requests without logging in. This feature helps test API responses in real-time, speeding up integration and enhancing the developer experience. #FinTech #Blockchain #Update
Spot Bitcoin ETFs faced a $20M net outflow on July 3, with Grayscale’s $GBTC seeing a $26.99M exodus, while Fidelity’s $FBTC noted a $6.55M inflow. Since January, these ETFs have gathered $14.62B. Bitcoin’s price dropped 3% in 24 hours. #Bitcoin #CryptoMarket
BitMEX launches MEMEMEXTUSDT, a Basket Index perpetual swap, giving traders exposure to top 10 meme coins by market cap, including $DOGE, $SHIB, and $PEPE. Margined in USDT with up to 25x leverage, it simplifies meme coin market access. #CryptoNews
Former Solicitor General Paul Clement files an amicus brief supporting Custodia Bank’s appeal against the Federal Reserve’s denial of a master account. This move could set a precedent for the blockchain industry, addressing constitutional concerns and potential stifling of innovation. #CryptoNews
Crypto assets see sharp corrections after attempted rebounds, signaling a bearish trend. Despite early institutional investments, recent large transfers to exchanges hint at potential sales. Miners selling $BTC reserves further indicate market decline. Stay informed on market shifts for strategic decisions. #CryptoNews
Dormant Bitcoin addresses are reactivating, stirring the crypto market. A 10.4-year-old address with 43 BTC ($2.5M) and a Satoshi-era miner wallet with 50 BTC moved to Binance. $BTC is trading at $59,627.62 after hitting an all-time high of over $73,000 in mid-March. #CryptoNews
