July 3, 2023

BTC ATM Operator Bitcoin Depot Enters Nasdaq This Week

Bitcoin Depot – a US-based Bitcoin ATM provider – announced it will start trading on Nasdaq on July 3 after partnering with the fintech company GSR II Meteora Acquisition Corp.  Previous reports revealed that the agreement between the two entities is worth $885 million.  ‘BTM’ Pops up on Nasdaq The partners announced the finalization of...
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Singapore Requires Crypto Companies to Hold Customer Funds in a Trust (Report)

The Monetary Authority of Singapore (MAS) will reportedly insist that cryptocurrency firms keep clients’ assets in a designated trust by the end of 2023.  The step comes several months after the infamous meltdown of FTX, which triggered colossal investor losses. Numerous individuals and entities have blamed the exchange for comingling user funds and scamming customers. ...
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Bittrex Mirrors Coinbase, Requests SEC Lawsuit Dismissal

Last week, Coinbase filed to dismiss the charges brought against it by the SEC. Motivating its approach, the exchange accused the agency of overreach, stating that crypto assets may not even come under their purview. The leading US crypto exchange also accused the SEC of ignoring prior approvals given for the sale of some of...
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Bitcoin Surpasses $31K: Is a Bullish Rally on the Horizon for BTC Price?

Bitcoin continues to reign supreme as it recently surpassed the significant $31,000 mark, sparking a wave of bullish sentiment among investors and analysts. Bitcoin’s value surged beyond $31,000 on Monday following a tumultuous week of trading. This was influenced by news regarding applications for spot ETF funds and conjecture about their potential approval by the...
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BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet  

Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted. On July 3, Reflexivity Research co-founder Will Clemente revealed that BAYC was down 90% from its all-time high. Floor prices for the Ape-themed...
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Fraudsters Stole $2.27M Worth NFTs in June: PeckShield

NFTs continue to attract not only more users but also capture the eyes of fraudulent entities. Web3 threat actors have set their sights on digital collectibles, with millions of funds being lost through different scams and attacks. A new report suggested that such thefts in the NFT space declined in June but remain rampant. NFT...
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Pepe Coin (PEPE) and Alex the Doge (ALEX): A Closer Look at Their Presale Impact

Meme coins have undoubtedly caught the attention of the world outside of cryptocurrencies. Investors were left baffled at the meteoric rise of the likes of Doge, Shiba Inu, and Pepe. While coins like Dogecoin (DOGE) and Pepe Coin (PEPE) have made significant waves in this space, a new contender, Alex The Doge (ALEX), has emerged...
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Proof of Work Coins Mark Mad Gains on 7D Chart in Hash Cash Frenzy

Proof of work (POW) cryptocurrencies absolutely dominated gains last week. The SEC’s actions and plunging energy prices might be why. Plus, there’s Litecoin’s halving event happening next month. But there’s no denying the market’s recent moves. In fact, proof of work’s dominance during the last week in June was so absolute that four out of...
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Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch

[PRESS RELEASE – Frankfurt, Germany, July 3rd, 2023] The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently, in its presale phase, hopes are high that ALEX will hit the market with a bang, making the sort of...
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Thai SEC Releases New Rules to Safeguard Investors! Crypto Lending Banned!

In a move to bolster investor protection, Thailand’s Securities and Exchange Commission (SEC) is rewriting the rulebook for digital asset service providers. This shake-up is sending shockwaves through the industry, demanding a higher level of transparency and caution in crypto trading. Warning Signs: The Crypto Caution Call The new regulations require all digital asset service...
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SEC Denies Gensler Leaving Rumors: What Does it Mean for XRP and Other Crypto Assets?

Rapid disinformation attacks are one of the most significant challenges in the digital ecosystem. This time, the alleged resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler took the internet by storm. The news stories ultimately turned out to be a hoax, much to the crypto community’s disappointment. But at the center...
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Poly Network Suspends Services After Getting Hacked

The cross-chain decentralized finance (DeFi) platform – Poly Network – announced on Twitter that it had halted operations due to a “recent attack.” The team revealed that the exploit affected 57 cryptocurrencies on 10 blockchains, advising users to “promptly withdraw liquidity from decentralized exchanges.”  Poly Network experienced another similar hack in 2021 when wrongdoers drained...
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Chart Trading is Now Live on BitMEX and Testnet

In line with our purpose to provide institutional and professional traders with an exchange platform that caters to their needs, we are pleased to introduce our newly implemented feature, chart trading.  An addition created to make the placing of orders easier, faster, and much more intuitive.   It’s another tool our developer team is rolling out,...
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Bitcoin (BTC) $ 97,439.11 4.18%
Ethereum (ETH) $ 3,131.79 0.25%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 241.61 1.36%
BNB (BNB) $ 609.33 1.07%
XRP (XRP) $ 1.13 1.90%
Dogecoin (DOGE) $ 0.382437 2.66%
USDC (USDC) $ 0.999976 0.07%
Lido Staked Ether (STETH) $ 3,128.67 0.26%
Cardano (ADA) $ 0.776893 7.74%