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July 2024

Philippines adopts USDT for social security payments

Filipinos now have the option to use cryptocurrency for SSS contributions.

June 2024

Kraken co-founder backs Trump with US$1 mln crypto donation

Jesse Powell donates US$1 million in crypto to Trump’s presidential campaign.

21Shares files for spot Solana ETF

21Shares files for a spot Solana ETF, a day after VanEck submitted its application for a similar product with the SEC.

VanEck files for Solana ETF

Recent analysis points to a potential bottom in Bitcoin’s value, with key metrics signaling a turning point.

Bitcoin drops below US$60,000 as Mt. Gox repayment looms

Bitcoin’s plunge below $60,000 leads to more than US$300 million in market liquidations, with potential for further declines amid Mt. Gox repayments.

3iQ plans North America’s first Solana ETF

Canadian investment firm 3iQ is set to introduce the first Solana ETF in North America.

Standard Chartered enters crypto trading arena

British bank Standard Chartered launches a crypto trading desk for institutional clients, focusing on Bitcoin and Ethereum.

Stablecoins poised to claim 10% of global economy by 2034, says Circle CEO

Circle CEO Jeremy Allaire predicts a surge in stablecoin adoption, potentially reshaping finance.

Crypto investigator exposes Shkreli as DJT token creator

Blockchain detective ZachXBT identifies Martin Shkreli as DJT token creator, earning a US$150,000 reward from Arkham Intelligence.

Hashdex aims for first dual Bitcoin-Ethereum ETF in the U.S.

Crypto asset manager Hashdex files for a pioneering Bitcoin-Ethereum ETF, targeting SEC approval.

Australia’s first Bitcoin ETF to debut on ASX

VanEck’s Bitcoin ETF, launching on ASX, marks a pivotal moment for Australian crypto investment.

Helio expands Shopify plugin with Solana Pay for diverse crypto transactions

Helio’s latest update to its Shopify plugin via Solana Pay introduces a broader cryptocurrency acceptance and innovative merchant tools.

MicroStrategy to boost Bitcoin holdings further with US$500 mln bond sale

MicroStrategy announces a half billion dollar bond sale to fund additional Bitcoin acquisitions.

Terraform Labs to dissolve following US$4.47 billion settlement

Terraform Labs and ex-CEO Do Kwon to pay billions in SEC fraud settlement, marking one of the largest penalties in U.S. history.

Bitcoin price dips ahead of US inflation report and Fed’s decision on interest rates

Strong U.S. economic data has led to a decrease in Bitcoin value as markets brace for Fed’s decision on lending rates.

ZKsync to distribute billions of tokens airdrop

ZKsync airdrops 3.675 billion tokens to users, enhancing Ethereum’s Layer 2 governance.

Bitcoin falls below US$70,000 after US jobs data and ECB rate cut

Bitcoin falls as U.S. adds 272,000 jobs in May with unemployment rate rising to 4%.

Florida man admits to US$8.4 mln crypto fraud scheme

Florida resident Juan Tacuri pleads guilty to wire fraud, faces two decades behind bars.

Ethereum’s Buterin denounces celebrity memecoins, urges purposeful innovation

Ethereum’s Buterin criticizes superficial celebrity crypto trends, advocating for impactful, long-term projects.

Polygon’s Moon Girl NFTs top daily sales chart with over US$1.36 million

Moon Girl NFT collection tops daily sales to help Polygon beat Solana.

May 2024

PayPal’s PYUSD stablecoin lands on Solana

PayPal’s PYUSD stablecoin is now available on Solana, promising faster and more cost-effective transactions.

Ripple adds US$25 mln for crypto-friendly PAC

Ripple’s $50 million contribution to Fairshake PAC aims to sway 2024 U.S. elections towards crypto-friendly candidates.

Bitcoin cracks US$70,000, Ethereum nears US$4,000; JENNER, PEPE and memecoins drive markets

Ethereum’s price surge signals market optimism and hints at growth potential.

JPMorgan questions SEC’s crypto ETF expansion plans: The Block

JPMorgan casts doubt on the likelihood of further SEC approvals for crypto ETFs after Ethereum ETF nod.

House passes bill to limit Fed’s CBDC authority

US House mandates congressional approval for Fed’s digital dollar issuance.

Coinbase resumes XRP trading in New York

New York residents regain access to XRP on Coinbase

Crypto engagement dropped to 7% among US adults in 2023, Fed finds

Fed survey shows a decline in US adult crypto usage to 7% in 2023, with only 1% using it for transactions.

House members urge SEC to approve Ethereum ETFs

Bipartisan lawmakers call on SEC for consistent crypto ETF standards as decision looms.

Tech giants team up against online dating scams

Major tech companies form a coalition to tackle the surge romance and crypto scams.

SEC’s Gensler criticizes crypto regulation bill ahead of vote

SEC Chair Gary Gensler has expressed strong opposition to the FIT21 Act, a bill set to regulate digital assets, citing concerns over investor protection.

Fidelity adjusts Ethereum ETF plan, excludes staking rewards

Fidelity’s updated ETF filing drops staking options amid regulatory concerns, impacting the crypto investment landscape.

Ethereum ETF approval likelihood increases with SEC’s positive signals

Ether’s value surges as analysts suspect SEC may be leaning to ETF approvals.

Grayscale Investments names Peter Mintzberg as CEO

One of the world’s largest digital currency asset management company has changed CEOs.

Hong Kong trials digital yuan for retail and cross-border payments

Hong Kong tests China’s digital yuan, enabling transactions and expanding its global use.

USDC issuer Circle plans US move ahead of IPO

Circle Internet Financial Ltd. is relocating its headquarters to the U.S. in preparation for a potential IPO.

Bitcoin rises as inflation eases

Bitcoin’s value climbs after April CPI data suggests a slowdown in inflation, potentially influencing Federal Reserve interest rate decisions.

Coinbase outage hampers Bitcoin trading amid price swings

Crypto exchange Coinbase suffers a major outage, affecting traders during Bitcoin volatility.

PEPE hits record high as Gamestop meme trading returns

The value of PEPE cryptocurrency soars as Roaring Kitty returns to put GME back on the meme trading map.

Bitcoin Runes etching revenue plummets for miners

Runes etching on Bitcoin network drops drastically, affecting miners’ income.

Crypto investment hits US$1.02 bln in April

April’s crypto funding surge reflects investor confidence, with $1.02 billion invested in blockchain ventures.

Bitcoin network surpasses 1 billion transactions

Bitcoin marks a historic achievement with over one billion transactions since 2009.

US job growth slows as Bitcoin price soars past $62,000

April sees a slight rise in US unemployment to 3.9% as Bitcoin’s value rebounds.

Tether nets US$4.52 bln Q1 profit from investments

Stablecoin leader Tether’s Q1 earnings soar to $4.52 billion, buoyed by US Treasury and Bitcoin.

MicroStrategy unveils Bitcoin digital ID solution

MicroStrategy launches a new Bitcoin-based digital identity platform to enhance online security and trust.

Bitcoin slides, Fed keeps interest rates steady

Bitcoin dropped to as low as US$56,600 as Fed holds interest rates.

Bitcoin ‘Jesus’ arrested for US$50 mln tax fraud

Cryptocurrency figure Roger Ver faces extradition to the U.S. on tax evasion and fraud charges.

April 2024

Hong Kong debuts Bitcoin and Ethereum ETFs

Hong Kong’s first spot Bitcoin ETFs rise on first trading day as Ether ETFs drop.

SEC has been investigating Ether’s security status since 2018: report

Consensys lawsuit unveils SEC’s internal suspicion of Ethereum as a security, challenging prior CFTC commodity designation.

Australia set to debut spot Bitcoin ETFs: report

Australia’s financial sector is on the verge of launching spot Bitcoin ETF.

Stripe reopens crypto payments with USDC focus

Stripe reenters the crypto market, enabling stablecoin transactions for merchants.

Hong Kong to debut Bitcoin and Ethereum ETFs on April 30

City’s first spot cryptocurrency ETFs to offer regulated investment options.

NYSE considers 24/7 trading to match crypto markets

The New York Stock Exchange may introduce continuous trading, reflecting the 24-hour nature of cryptocurrency markets and evolving investor demands.

Shiba Inu raises US$12 mln for blockchain expansion

Crypto venture capitalists back Shiba Inu’s new blockchain project with a $12 million investment.

Tether Launches on TON Blockchain with USDT, XAUT

Stablecoin issuer Tether has expanded to The Open Network with its USDT and gold-backed XAUT tokens, aiming to enhance liquidity.

Bitcoin miner earnings soar on halving day due to Runes

Bitcoin miners experienced a revenue spike following the introduction of the Runes protocol, although transaction fees have since decreased.

Tether expands into new sectors amid regulatory watch

Tether diversifies into data, finance, power, and education sectors, aiming for innovation and empowerment.

Bitcoin halving event looms, market volatility spikes

Upcoming Bitcoin halving triggers market uncertainty.

Binance converts US$1 bln fund; eyes India comeback after obtaining Dubai license

Cryptocurrency giant Binance converts $1B safety fund to USDC, signaling a strategic move to enhance transparency and re-enter the Indian market.

US senators unveil stablecoin regulation bill

New legislation aims to enhance financial stability by imposing strict rules on stablecoin issuers.

Telegram’s Durov advocates for crypto-like privacy tools

Pavel Durov proposes secure communication tech to combat surveillance.

OKX debuts Ethereum L2 network X Layer

OKX’s X Layer promises faster, cheaper Ethereum transactions with enhanced security.

Hong Kong approves spot Bitcoin ETF

City’s inaugural Bitcoin ETF approval spurs price surge, signaling crypto investment growth.

Bitcoin, crypto market tumbles as Iran-Israel tensions escalate

Middle East conflict triggers a sharp decline in Bitcoin and other cryptocurrencies, with significant market liquidations.

BlackRock fund introduces USDC transfers

BlackRock’s BUIDL fund now allows share conversion to stablecoin USDC for enhanced liquidity.

HashKey Group launches Bermuda crypto exchange

HashKey Group’s new Bermuda-based platform, HashKey Global, targets international crypto investors with diverse services.

Bitcoin leads NFT market with over US$16 mln in sales

Bitcoin tops daily NFT sales, Ethereum and Solana follow with notable changes.

Franklin Templeton shines spotlight on Bitcoin NFTs

Investment firm notes Bitcoin NFTs’ role in crypto innovation and market changes.

Solana’s Froganas leaps to top NFT sales with US$1.45 mln

Solana’s Froganas NFT collection sees a significant increase in sales, outperforming others in the past 24 hours.

Ripple set to unveil USD-pegged stablecoin

Ripple’s upcoming stablecoin targets enhanced market transparency and compliance.

No blockchain tops US$10 mln in NFT sales on Wednesday, Bitcoin leads with US$8.25 mln

Bitcoin tops NFT market despite a minor decrease in sales, with Ethereum and Solana following.

Tensorians NFTs surge in 24-hour sales on Solana

Solana’s Tensorians NFT collection sees a significant increase in sales and transactions, leading the daily market.

BAYC surges to lead NFT sales but Solana dominates the top 10

Three Solana collections placed in Tuesday’s top five.