? Bybit will exit the French market on Aug 2, 2024, due to regulatory challenges. French users can’t open new positions, and all open positions will be liquidated by Aug 13, 2024. Bybit plans to return once licensed. #CryptoRegulations
“Genesis Trading transfers $126M in $ETH amid bankruptcy talks. Despite ETH ETFs launch, Ethereum struggles above $3,500; analysts foresee bearish trend near $3,100. Watch for ETF outflows and broader market signals. #CryptoUpdate”
“37,000 Bitcoin contracts worth $2.4B expire Aug 2 amid high volatility. $BTC price hovers around $64K; major liquidations and whale activities observed. Analysts await potential Fed rate cut in September. #CryptoUpdate $BTC”
“Kamala Harris’ campaign makes a pro-crypto shift amid controversy. A key roundtable with industry leaders and Democratic politicians will be hosted by Rep. Ro Khanna. Harris’ odds surge despite past anti-crypto stance. #CryptoNews $BTC”
Breaking: Bitcoin ($BTC) shatters the $70,000 barrier! Analyst PlanB predicts it could hit $150K by year-end, driven by strong institutional interest and potential US Fed rate cuts. #Bitcoin #CryptoUpdate
South Korea’s FSS investigates fee hikes by top crypto exchanges including $UPBIT and $BITHUMB under the new Virtual Asset User Protection Act. Focus on fair competition and compliance. #CryptoRegulation
Source: coingape.com
“Breaking: NYSE Arca approves Grayscale & Bitwise spot Ethereum ETFs, marking a milestone for regulated crypto investments. Trading to commence soon. $ETH #CryptoUpdate”
“Tether CTO Paolo Ardoino slams Ripple CEO Brad Garlinghouse for USDT remarks, accusing him of fearmongering amid Ripple’s stablecoin plans. Ardoino defends $USDT’s stability and compliance. #CryptoUpdate #USDT $XRP”
BingX launches pre-market trading, offering early access to new crypto assets like $HMSTR and $CATI. Enhanced liquidity aims to attract 10M+ global users. #CryptoUpdate
Read more: https://coingape.com/bingx-announces-pre-market-trading-enhances-liquidity/
“Breaking: RBI and SEBI to release India’s comprehensive crypto policy paper by Q3 2024. This collaboration aims to create a balanced regulatory framework for digital assets. #CryptoPolicy $BTC $ETH”
“Ethereum Foundation sells 100 ETH as spot Ethereum ETF debuts. Foundation wallets offload 2,366 ETH for $6.9M DAI in 2023. $ETH price up 0.50%, trading at $3,505. #CryptoUpdate”
? The Elixir team launched deUSD, a decentralized stablecoin backed by stETH and sDAI, in October 2023. With additional staking rewards and reduced basis risk, deUSD aims to enhance liquidity on DEXs. #DeFi #CryptoNews
? A fake Phantom wallet app in the Apple Store is draining users’ funds when they recover accounts with a private key. Promoted by Meta Voxify, it has led to over $100K in losses. Stay vigilant! #CryptoSecurity
Crypto exchange @Bitstamp will start reimbursing Mt. Gox creditors from July 25, marking a key step in resolving the 2014 hack fallout. Over $9B in crypto assets will be distributed, with Bitcoin’s value soaring from $600 to $66K. #CryptoNews
