Binance’s BNB led the charge with a 7% gain as altcoins saw a resurgence during early European trading hours Tuesday….
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ETH leads gains in majors, ETHE outflows slowing. Putin signs crypto mining bill. Tether mints another $250m on SOL. Tether plans to double staff to improve compliance. Turkey sees surge in exchange applications. SEC plans to appeal XRP ruling. Franklin Templeton launches fund on ARB. SUI leads altcoins after Grayscale fund announced. TIA rises 20%, will launch mainnet in September. STX will launch final Nakamoto Code this month. Coinbase questions CFTC prediction market rules….
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The company moves forward with its Ripple USD (RLUSD) coin, but will still need regulatory approval for a full launch….
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BTC ETFs: +$45m, ETH ETFs: -$24m. XRP settles with SEC for $125m, rises 20%. FTX ordered to repay $12.7bn. BTC Mayer Multiple hits lowest since FTX. Saylor personally owns over $1bn BTC. Dems launch ‘Crypto for Harris’ group. Brazil approves first spot SOL ETF. Robinhood crypto revenue up 161%. Ethena launches stablecoin on SOL. Jump likely shut ‘development arm’, not trading. Nomad bridge hacker moves $35m to Tornado. Metaplanet to buy $6.8m more BTC. Binance to list TON for spot. Binance invests in SOL restaking protocol. Arbitrum Orbit chains to use USDC for gas….
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The SEC had sought a more substantive $2 billion judgement….
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BTC ETFs: -$18m, ETH ETFs: +$34m. Mt. Gox move another $3bn BTC, prices stable. ETH ETFs see net inflow as Grayscale outflow slows. BTC exchange reserves hit multi-year low. XRP up 7% ahead of potential SEC settlement. UAE banks integrate crypto trading. Bybit integrates USDe with up to 20% yield. California DMV puts 42m car titles on AVAX. BTC mining to be a $20bn industry: Bernstein. Russia legalises various crypto activities. Terra blockchain halted, Astro faces $6.8m exploit. Trump raised $21m at BTC conference….
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Vague SEC notices appear to have propped up XRP investors’ hopes of a settlement with Ripple, but no such meeting took place this week….
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Trump response optimism takes BTC to $63K. Bitcoin whales accumulate most since April 2023. Trump still set to talk at Bitcoin Nashville. ETH ETF approval this week: Geraci. XRP vs SEC press conference rumoured on 18th. Crypto funds saw $1.44B inflows last week. Rumours China is to ‘unban BTC’ in Q4. S. Korea may delay crypto taxes until 2028. Russia to allow crypto trading on stock exchange. All altcoin categories outperform BTC over 7d. BitConnect infamous promoter convicted. Scroll becomes 8th L2 with TVL over $1bn. ETHFI Season 2 claims available this week. Base hits record 1m UserOps in a week….
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BTC ETF Inflows: +$423m. Crypto pushes higher, biggest ETF inflow in 6 weeks. Mt. Gox FUD ‘overestimated’ as whales accumulate. Kraken to begin Mt. Gox repayments in 7-14d. ETH spot ETFs will push ETH to $5k: Bitwise. SOL ETF will be next: Bloomberg. XRP up 35% this week ahead of potential settlement. Aethir reports $36m H1 customer revenue. Craig Wright now under threat of perjury & forgery. FTX & CFTC in $12.7bn settlement. WLD up 40% after delaying unlock schedule. Helio announces instant crypto fiat commerce. Phantom pauses cross-chain swaps amid exploit….
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The rally follows the launch of new financial instruments for the cryptocurrency last week….
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