Grayscale ETF Gets Approved as New Guidance Drops: Traders Look to Snorter Token
The SEC approved Grayscale’s Digital Large-Cap Fund conversion to an ETF, offering diversified crypto exposure. New guidelines streamline ETF listings, boosting institutional adoption. Traders eye Snorter Token amid regulatory progress.
Scammers Drain $20,000 From Billion-Dollar Bank Customer Who Took Out Loan for Business Purposes: Report – The Daily Hodl
A Houston business owner lost $20,000 from a small business loan to scammers impersonating her bank. The fraudsters gained access to her account via a phone call, transferring funds internally.
Nexo Inks First Crypto-Golf Deal, Becomes DP World Tour’s Official Digital Wealth Partner
Nexo partners with DP World Tour as Official Digital Wealth Partner until 2027, sponsoring the Nexo Championship and six premier golf events, expanding its presence in sports sponsorships.
Digital Wealth Platform Nexo to Sponsor Golf Championship in Partnership With DP World Tour – News Bytes Bitcoin News
Nexo partners with DP World Tour as Official Digital Asset and Wealth Partner for three years, sponsoring six premier golf tournaments starting in 2025.
Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg
Michael Saylor’s Strategy is set to report $14 billion in unrealized Bitcoin gains, driven by price rebounds and accounting changes, despite criticism from skeptics like Jim Chanos.
65% of Bitcoin Mining Operations Still Have Roots in China
Despite China’s 2021 mining ban, 55-65% of Bitcoin mining operations still have Chinese roots, per Uminers CEO. Major ASIC manufacturers are expanding to the US amid US-China economic tensions.
Ethereum ETF Inflows Surge on Rising Institutional Demand
Ethereum ETF inflows surge with $54.8 million recorded on July 1, totaling $5.5 billion since inception. Institutional demand grows as Bit Digital raises $162.9 million for ETH holdings and SharpLink Gaming increases its ETH reserves.
ECB Plans Crypto Ledger Technology as CBDCs Advance: Choose Best Wallet Custody Instead
The ECB plans to implement DLT for financial settlements via a dual-track strategy, while advancing CBDCs. Concerns over privacy and control contrast with self-custody solutions like Best Wallet.
FARTCOIN loses $8.4 mln to whale exits – Can buyers hold on to the $1 support?
FARTCOIN lost $8.4 million due to whale sell-offs, causing panic among retail investors. The memecoin struggles to maintain $1 support amid bearish sentiment and potential further declines.
Bybit, OKX expand crypto services in Europe under MiCA
Bybit and OKX launched MiCA-compliant crypto exchanges in the EU, expanding services under Europe’s unified regulatory framework to attract more users.
