Jack Dorsey’s @blocks fintech startup teams with @moonpay to simplify $BTC buying via bank cards, Google Pay, and PayPal. Bitkey will soon allow crypto-to-fiat conversions, expanding self-custody and Bitcoin’s ecosystem. #Update #Bitcoin
Plaintiffs renew lawsuit against @Tether_to and @bitfinex, alleging market manipulation of Bitcoin and other cryptos with unbacked USDT tokens. Despite previous accusations and a $18.5M settlement, Tether’s market cap hits $113B. #Update #CryptoNews
Worldcoin Foundation extends token lock-up for early contributors from 3 to 5 years to ensure project stability. 211M $WLD tokens claimed by World ID holders, 7.22B held for long-term sustainability. #CryptoNews #Update
$XRP surges past $0.56 amid significant whale activities and ongoing Ripple vs. SEC lawsuit. Whales moved nearly 51M XRP worth $27.45M. Current price: $0.5707, up 8.21% daily and 31% weekly. Futures open interest at $730.46M, derivatives volume up 90.80%. RSI suggests possible short-term correction. #Update
LI FI, a cross-chain aggregator, suffered an $8.7M security breach. The hacker targeted Ethereum addresses, converting stolen USDC and USDT into ETH. Users should revoke approvals to these addresses and avoid LI FI apps. Security firms are investigating to prevent future attacks. #CryptoNews
Binance’s 2024 Mid-Year Crypto Market Report reveals a 37.3% surge in market cap to $2.27T. Highlights: Bitcoin dominance post-halving, DeFi TVL up 72.8% to $94.1B, and stablecoins near peak levels. #Update
#Crypto #Bitcoin #DeFi
Mt. Gox begins repaying 13,000 creditors in $BTC and $BCH, totaling 95,869.97 BTC (~$6.06B). Significant Bitcoin transfers caused a price dip to $62,000. Analysts warn of potential market volatility due to possible selloffs. #CryptoNews
Pepe surged 22% today, driven by Ethereum spot ETFs launching on July 23. $PEPE reached a new high at $0.00001172 with a $4.9B market cap. Meanwhile, PlayDoge raised $5.7M in presale with its P2E game. #Update #Crypto
Spot Bitcoin ETFs have surged to $16.16B, outpacing estimates. Major players like @MillenniumMgmt, Apollo Global, and Susquehanna hold 17% of assets. Meanwhile, Grayscale Bitcoin Trust faces outflows due to high fees. #Update $BTC #CryptoNews
Daily net capital inflow into spot Bitcoin ETFs hit $301.04M on July 15, marking the 7th consecutive day of gains and indicating strong investor confidence. Hong Kong also saw inflows in Bitcoin (49.85 BTC) and Ethereum (353.4 ETH) spot ETFs. #Crypto #Update
Backed launches tokenized equities for $MSFT, $GME, $MSTR, $TSLA, $GOOGL, enabling 24/7 trading for non-US investors on the blockchain. Stocks can be used as collateral in DeFi. #BlockchainFinance
#Update
Neobanks like @RevolutApp and @n26 are simplifying access to decentralized finance (defi) products, allowing users to borrow, trade, and earn interest on cryptocurrencies without traditional banks. This could democratize finance, making #defi accessible and secure for everyone. #Update
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
? @krakenfx partners with Tottenham Hotspur as Official Crypto & Web3 Partner. Starting 2024/2025, Kraken will also be the Official Sleeve Partner for all Men’s and Women’s teams. This multi-season deal aims to enhance fan experience and crypto education. #CryptoNews
