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The Latest Breaking News from Crypto

Mark Cuban says 'Biden should fire Gary Gensler'

“I don’t believe Mr. Gensler has protected any investors in the crypto space or elsewhere for that matter.”

Fortune

It looks like CDK paid a $25 million ransom in crypto to finally end its outage

CDK has not confirmed the news, but multiple anonymous sources have suggested this was the case.

TechRadar

Harris Overtakes Biden On Polymarket As Likeliest 2024 Democratic Nominee

Vice President Kamala Harris' popularity among users of Polymarket is climbing as more traders are raising her odds of potentially becoming the Democratic Party's 2024 presidential nominee.

International Business Times

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$BODEN Surges, $TRUMP Tops PolitiFi Memecoins As Crypto's Voice Rings Louder In Politics

The crypto industry, once an eyesore to many politicians, has now become a central point of discussion among a growing number of 2024 candidates, and it appears PolitiFi memecoins are being affected by the shift.

International Business Times

Bitcoin Can 'Easily' Hit $100K In H2 2024 Under The Right Conditions: Expert

Bitcoin is fighting hard to hit $60,000 again amid the ongoing German government dump and other market issues, but can it rise above the waves in the second half of the year to surpass its all-time high?

International Business Times

SEC Reportedly Exempts Some Companies, Institutions From Controversial Crypto Bulletin

The SEC has reportedly allowed some companies and financial institutions to skip balance sheet reporting of customers' crypto assets, as required by a contentious staff bulletin that lawmakers are seeking to overturn.

International Business Times

Jump Trading made 25-year-old Kanav Kariya into a crypto celebrity. He went out as the baby-faced symbol for a crypto disaster

How a venerable Chicago financial firm became a blockchain kingmaker, then fell back to earth.

Fortune

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Trump to address 'future of the American Bitcoin industry' at crypto gathering this month

Donald Trump, the presumed Republican presidential nominee, will headline the conference on July 27, speaking on the main stage in a 30-minute address.

Fortune

SEC drops key stablecoin investigation into Paxos in win for crypto industry

The Gary Gensler-led agency issued a Wells notice against Paxos in Feb. 2023, indicating an active investigation and possible enforcement action.

Fortune

Fireblocks Announces First 5 Global Custodian Partners

Fireblocks has announced the first five members of its Global Custodian Partner Program that aims to help customers streamline their crypto operations and connect securely with licensed custody partners worldwide.

International Business Times

Trump-Themed Memecoins Climb As Ex-President Confirmed To Speak At Bitcoin 2024

Donald Trump will speak at the Bitcoin 2024 conference later this month, and the crypto community on X is all for it – he joins another presidential candidate, key crypto figures, and two other Republican politicians in the speakers' list.

International Business Times

Permissionless Funding: Marc Andreessen Gives Bitcoin Grant To AI Bot On X

Billionaire Marc Andreessen has made a mark in the crypto industry after he provided a "permissionless funding" grant to an AI bot on X Wednesday using Bitcoin to help with the bot's planned projects.

International Business Times

Biden Advisor Joins Crypto Leaders In Roundtable As First Dem Senator Urges POTUS' Withdrawal

An advisor for President Joe Biden attended a roundtable hosted by a Democratic leader for crypto leaders on Wednesday, raising hopes for more bipartisan efforts toward addressing the concerns of the emerging industry.

International Business Times

'Permanent' Holders Amass Nearly $5B In Bitcoin Amid Market Panic Selling

A Bitcoiner group that isn't among ETF holders has snapped up thousands of $BTC within 30 days, highlighting the trend in the crypto market wherein a buyer waits for a seller to dump when prices plunge.

International Business Times

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Fortune

Germany's sale of 0.25% of the world's Bitcoin adds to crypto market jitters

Bitcoin has tumbled by 19% since the German government accelerated its sales of almost 50,000 seized coins.

International Business Times UK

SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End

Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.

Fortune

Goldman Sachs to launch three tokenization projects by end of year, says digital assets chief

The banking giant sees a major uptick in demand for crypto services, from trading to Bitcoin ETFs.

International Business Times

Is Bitcoin Failing The German Government's 'Liquidity Test'? Bitcoiners Clap Back

Since the German government started dumping its billions worth of Bitcoins, some financial analysts have suggested that the sell-off may be a "test" to determine the digital asset's liquidity – the big question is, has $BTC failed or passed the test?

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International Business Times

GOP Senator Follows Trump's Lead, Accepts Bitcoin, $DOGE Donations

Sen. Marsha Blackburn, known for her embrace of Bitcoin, is now accepting crypto donations for her re-election campaign – at a time when cryptocurrency is gradually making a mark in the upcoming elections.

The Texas Tribune

Texas leaders worry that Bitcoin mines threaten to crash the state power grid

Granbury residents are raising alarms over noise from a local Bitcoin mine, while state lawmakers warn that the energy-hungry facilities risk “crashing” the electrical grid.

International Business Times

Tech Group Urges Biden To Seize 'Opportunity' In 'Positive' Crypto Regulation Before Elections

President Biden has yet to be vocally supportive of the crypto industry, and his administration has often been viewed as "hostile" by the crypto community, but a tech coalition believes he can still reverse this and see an opportunity in promoting a "positive" regulation.

International Business Times

Bitcoin Whale's 10-Year-Old 149 $BTC Stash Reawakens To $8M Amid Price Correction

Bitcoin prices have been climbing steadily since Monday, and a dormant whale must have felt the uptick, moving some $8.5 million in $BTC after more than a decade of no activity.

International Business Times

GTA 6 Crypto Rumors Intensify as Rockstar Remains Tight-Lipped

Rumors are swirling that digital currencies might make their debut in Grand Theft Auto 6, and the gaming and crypto worlds are on fire.

International Business Times

US Spot Bitcoin ETFs Regroup, Buy German Dump To Haul In Nearly $295M

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

International Business Times

Bitcoiners Need To Chill – Experts Say MtGox Activity Won't Affect $BTC Prices

MtGox has been at the center of negative sentiment in the Bitcoin community due to the fallen exchange's repayments to creditors that many Bitcoiners initially feared would have a significant impact on the digital currency's prices.

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