Cryptocurrency Market

  • Market Cap: $2,254,318,378,366.70
  • 24h Vol: $60,645,460,173.43
  • BTC Dominance: 56.25%
german-government-still-holds-over-40k-bitcoins-after-recent-sale,-onchain-data-shows

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows

The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining […]

German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows Read More »

bitcoin-dips-to-$56,952-as-market-reacts-to-mt-gox-and-german-btc-moves

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s

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south-africa-approves-63-crypto-asset-service-provider-license-applications

South Africa Approves 63 Crypto Asset Service Provider License Applications

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form

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qed-protocol-raises-$6-million-for-scaling-with-bitcoin-powered-tech

QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech

PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing its novel technology to unlock unparalleled

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uae’s-zand-bank-to-offer-crypto-services

UAE’s Zand Bank to Offer Crypto Services

Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital

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opera’s-minipay-expands-stablecoin-support:-adds-usdc-and-usdt-to-its-digital-wallet

Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet

Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities. The innovative ‘Drag & Swap’ feature simplifies the process of switching between USDC,

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mara-collapse:-african-crypto-exchange-burns-$16-million-for-salaries-and-bonuses

Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses

Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids

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nigerian-student-returns-90-mistakenly-sent-solana-tokens,-rewarded-for-honesty

Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty

A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet. Influencer: Incident Highlights Hope for Crypto

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mexican-startup-kavak-issues-tokenized-debt-to-invest-in-brazil’s-used-car-business

Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business

Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over $5 million. Kavak Bets on Tokenized Debt

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cftc-wins-case-against-crypto-fund-operators

CFTC Wins Case Against Crypto Fund Operators

The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a

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