Experts discuss growing institutional interest in crypto, eyeing Ethereum-ETF approval and its impact on DeFi and altcoins. Anton Bukov highlights DeFi tech reducing cross-border transfer costs, benefiting TradFi. Ethereum’s blockchain sees potential big gains. #Update #CryptoNews $ETH $LTC
AI investments surpass cryptocurrency, says BIT Mining’s Youwei Yang. AI projects now attract more funding, while crypto assets trade within narrow price ranges. Juan Leon from Bitwise predicts combined market growth of AI and crypto could reach $20T by 2030. #Update #AI #Crypto
US Rep. @RoKhanna will host a key #cryptocurrency roundtable in DC, July 2024, with Biden officials, Congress members, and Mark Cuban. This event aims to tackle regulatory challenges and shape the future of the digital economy. #Update
Turkey’s Ministry of Finance proposes a 0.03% tax on cryptocurrency transactions, aiming to generate $113M annually for the national budget. This tax is part of post-earthquake reforms and could stabilize the economy. #CryptocurrencyTax #Update
Tether CEO Paolo Ardoino at BTC Prague 2024: “Bitcoin’s unmatched decentralization makes it a perpetual clock.” He critiqued meme coins and highlighted stablecoin regulation under MiCA. #Bitcoin #CryptoNews
Chinese student Yang Qichao sentenced to 4.5 years for $50K crypto fraud involving Blockchain Future Force token on BNB Chain. Fined 30,000 yuan. Highlights need for stricter regulations. #CryptoNews #Blockchain
Chinese student Yang Qichao sentenced to 4.5 years for $300K cryptocurrency fraud involving BFF token on BNB Chain. His conviction highlights the urgent need for stricter crypto regulations. #CryptoNews #BNB
U.S. presidential candidate Robert F. Kennedy Jr. backs cryptocurrency, investing 21 BTC. He aims to integrate blockchain into the budget and stabilize the dollar with Bitcoin. #Crypto #Bitcoin
The UAE bans cryptocurrency mining on farms to prevent infrastructure strain and high electricity costs. Violators face fines up to 10,000 dirhams ($2720). This ensures sustainable energy use. #RegulatoryNews #TechUpdate
Last week, the global crypto market cap surged by $140B (+5.7%) to $2.57T. $PEPE soared 75.88%, while $NOT dropped 10.63%. $ONDO hit a new high. #Cryptocurrency #MarketTrend
Montenegro court blocks Do Kwon’s extradition to South Korea. Kwon, behind Terraform Labs’ $40B collapse, faces fraud charges, highlighting global crypto legal complexities. #CryptoNews #FinancialCrime
Ethereum’s price remains stable between $3,640 and $3,740 post-approval of U.S. spot ETFs, highlighting potential market stability and greater accessibility for retail investors. #Ethereum #CryptoNews
Peak Mining, a Northern Data subsidiary, acquires a 300-megawatt ERCOT-approved site in Corpus Christi, Texas, marking significant U.S. expansion and boosting total mining capacity. #Bitcoin #CryptoNews
? Bitcoin hits $67,350 with a market cap of $1.32 trillion and $42.36 billion daily trading volume. Current consolidation could signal key strategic opportunities for investors. #Bitcoin
