Bitcoin Cash surged 108% over the last week after EDX Markets opened
Bitcoin Cash surged 108% over the last week after EDX Markets openedThe Bitcoin fork network's coin more than doubled in price over the last week after it became available to institutional traders on a powerhouse-backed exchange.
Happy Tuesday!The global crypto market cap is $1.19 trillion, with a 24-hour volume of $36.84 billion. The price of Bitcoin is $30,678.03, and BTC market dominance is 50.0%. The price of Ethereum is $1,894.33, and ETH market dominance is 19.2%. The best-performing sector is eCommerce, which gained 32%. The Crypto Fear & Greed Index is currently Greed (59). Top News
Bitcoin Cash surged 108% over the last week after EDX Markets openedThe Bitcoin fork network's coin more than doubled in price over the last week after it became available to institutional traders on a powerhouse-backed exchange. WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applicationsThis factor could make the SEC more comfortable, Jeremy Schwartz said. Court says it doesn’t need to “wordsmith” Binance and SEC’s announcementsA judge has signed an order rendering Binance's complaints invalid. Latest Insights
More NewsSwitzerland seizes $26M tied to Do Kwon, TerraEarlier reports suggested that project members held $13 million in a Swiss Bank. Democrat lawmaker requests SEC, Treasury feedback over Republican-led crypto billCongresswoman Maxine Waters issued the letters addressed to Treasury Secretary Janet Yellen and SEC chair Gary Gensler on June 26, they pertain to the Digital Asset Market Structure Discussion Draft. FTX restructurers allege SBF, other execs knowingly commingled, misappropriated customer funds since inceptionFTX's founding leadership team regularly misappropriated customer funds for high-risk trades and personal luxury expenses, according to bankruptcy filings. Reserve Bank of India expects to reach 1M CBDC users in JuneReserve Bank of India governor reported relative success in the retail e-rupee CBDC pilot. Bank of England policy makers clash over digital pound designReports have emerged that the team behind the "digital pound" at Bank of England are split over the balance between central controls and decentralized ledger benefits.
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Japan’s token issuers are now exempt from corporate tax on unrealized gains
Monday, June 26, 2023
The tax break is welcome news for Japan's crypto firms, who still have to pay taxes on paper gains for tokens issued by other firms.
The yield convergence and its implications for Bitcoin
Sunday, June 25, 2023
CryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin.
Coinbase adds support for USDC on Stellar
Saturday, June 24, 2023
The addition could reduce transaction costs and allow for faster transactions.
Binance.US resolves delayed USD withdrawals; expects banking partners to halt option again
Friday, June 23, 2023
US dollar balances could be forcibly converted to Tether (USDT) if necessary.
Mysterious whale ‘0xd275e’ linked to FTX collapse, Tether depeg, and recent $75M token transfers
Thursday, June 22, 2023
CryptoSlate analysis of a mysterious account linked to major crypto events raises questions about its true intentions.
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