Bitcoin drops 7% from $73,000 peak after US jobs report
Bitcoin reached $73,000, then dropped 7% after strong US jobs data. Ethereum fell 5%, while Coinbase and MicroStrategy stocks declined 4%.
Hong Kong SFC mandates stricter crypto custody after $3.8B 2022 losses
Hong Kong SFC enforces stricter crypto custody rules following global security breaches, affecting Binance and Coinbase, with $3.8B lost in 2022 hacks.
Wells Fargo quintuples BlackRock Bitcoin ETF stake to $160M in Q2 2023
Wells Fargo increased its BlackRock Bitcoin ETF investment from $26M to $160M in Q2 2023, signaling growing institutional crypto adoption amid SEC scrutiny.
Hong Kong SFC imposes 2023 crypto custody rules after $3.8B breaches
Hong Kong SFC mandates stricter crypto custody rules after global breaches; $3.8B lost in 2022. Affects Binance, Coinbase, and local exchanges.
Coinbase acquires Deribit amid 150% crypto derivatives surge
Coinbase finalized its Deribit acquisition amid a 150% surge in crypto derivatives trading volume, with Bitcoin and Ethereum leading the market.
DeFi Education Fund launches foundation with $1 million for Ethereum and Solana
The DeFi Education Fund launches its foundation, focusing on Ethereum and Solana ecosystems, with $1 million allocated for educational initiatives in 2024.
Crypto executives urge Trump to block bank fees for data access affecting 50M users
Crypto executives including Coinbase and Kraken CEOs urged Trump to prevent banks from charging fees for customer data access, impacting 50M users.
SpaceX holds $1 billion in Bitcoin as BTC hits 2023 all-time high
SpaceX holds $1 billion in Bitcoin as BTC hits a new all-time high, with Tesla and MicroStrategy also major holders. The crypto market cap exceeds $2 trillion.
Bitwise CIO reveals 4 undervalued crypto catalysts including Ethereum upgrades and Bitcoin ETFs
Bitwise CIO highlights 4 overlooked crypto catalysts: Ethereum upgrades, Bitcoin ETFs, stablecoin adoption, and DeFi growth, with $50B in stablecoin circulation.
TRON hits 11.1B transactions as USDT drives network activity in 2024
TRON surpassed 11.1 billion transactions, driven by USDT activity. The network hosts 100M accounts, with Bitcoin and Ethereum also influencing its growth.
