Charles Hoskinson, founder of Cardano ($ADA), urges voters to prioritize crypto policies in the U.S. elections. He criticizes Biden’s administration for “regulation by enforcement,” stifling innovation and causing job losses. This sentiment echoes throughout the crypto community, including leaders like @MessariCrypto’s Ryan Selkis. #CryptoRegulation
Circle becomes the first to secure a MiCA license for stablecoins in the EU, effective July 1, 2024. This EMI license from French regulators allows @circle to offer $USDC and EURC services across Europe, challenging Tether’s dominance. #CryptoNews
The SEC is reviewing public comments on Hashdex’s proposed Bitcoin ($BTC) and Ethereum ($ETH) ETF. This ETF aims to offer institutional investors exposure to both cryptocurrencies, managed by Hashdex and administered by Tidal ETF Services. Decision expected by March 2025. #CryptoNews
Coinbase Prime has won a $32.5M contract with the U.S. Marshals Service to manage seized digital assets, marking a significant step in government adoption of blockchain for asset management. This move reflects growing trust in the security and viability of digital currencies. #CryptoNews
Circle becomes the first stablecoin issuer to comply with the EU’s MiCA regulation, securing an E-Money license for $USDC and $EURC. The firm, now headquartered in France, aims for compliance and security, holding EURC reserves in a French entity. #Crypto #MiCA
Bitcoin ($BTC) sees significant volatility, currently at $62,743.35 (+2.04% in 24h), driven by lower-than-expected US ISM Manufacturing PMI data (48.5 vs. 49.1). Strong demand for its spot ETF product and recent halving support potential price rebound. #Bitcoin #CryptoNews
Ethereum ETFs face $61M outflows, their worst in 2 years, due to SEC’s delay in approving spot ETFs. Trading volume up 43% but still below average. #Ethereum #CryptoNews
? PayPal-backed Mesh partners with Italy’s Conio to enable 430K Italians to access 10 crypto exchanges like Coinbase and Binance. This move aims to educate investors on secure crypto storage. #CryptoNews
Ethereum whale 0x2Eb08 moved 7,000 $ETH ($24.28M) to Kraken after 209 days of inactivity. This comes as Ethereum faces major outflows and SEC delays on a spot ETH ETF. Despite this, $ETH rose 2.20% today, hitting $3,463.00. #CryptoNews
The Russian Union of Industrialists and Entrepreneurs is planning a national Bitcoin fund to boost digital financial assets in foreign trade, circumventing sanctions. This initiative will use locally mined Bitcoins to back DFAs for legal cross-border transactions. #CryptoNews
Institutional interest in altcoins is surging, with $SOL and $LTC seeing inflows of $1.6M and $1.4M, respectively. Meanwhile, $ETH faces $119M in outflows. The shift highlights confidence in innovative tech and cross-border payment utility. #CryptoNews
Cryptocurrency funds saw $30M withdrawn in late June, marking the third straight week of outflows. Ethereum-based funds were hit hardest with $60.7M withdrawn, the most since Aug 2022. Germany and Hong Kong led outflows. Trading volume rose 43% to $6.2B. #CryptoNews
XRP whales moved 230M coins worth $109.21M as the Ripple vs. SEC lawsuit nears conclusion. Key transactions: 30.93M XRP dumped on Bitstamp, 200M shifted to an unknown wallet. XRP trades at $0.4802 (+1.39%). Futures OI up 4.31%, derivatives volume up 58.30%. #XRP #CryptoNews
Germany sells 400 BTC ($25.28M) to major exchanges, part of 2,500 BTC sold recently. Despite sales, Germany’s Bitcoin holdings still valued at $2.8B with $961M in unrealized profit. Bitcoin price surges above $62K, currently trading at $62,868.28. #CryptoNews
