✅ It was not a good week for the bulls, while the stock market is pumping, Bitcoin is trading in the range between $61k and $57k, and it looks like this will continue for the rest of the summer 🙄
Weekly news digest:
💎 Crypto
🔸 Team behind the DOGS token rescheduled listing for August 23
🔸 South Korea's National Pension Service disclosed that it bought shares of MicroStrategy worth $34 million
🔸 Vitalik Buterin revealed that he donated $532k worth of the animal-themed meme coins
🔸 Liquidators of Three Arrows Capital are seeking $1.3 billion from TerraForm Labs 💸
🔸 DRW Venture Capital discloses $150 million Ethereum ETF holdings
🔸 Marathon Digital Holdings has announced a $250 million offering of convertibles senior notes to buy more BTC
🏦 Crypto exchanges
🔸 The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling
🔸 Crypto.com secured an exclusive multi-year partnership with the UEFA Champions League
🔸 Crypto exchange Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year
💵 Finances and Economy
🔸 701 new funds were reporting spot-Bitcoin ETF holdings in Q2
🔸 U.S. CPI numbers came out slightly better than expected at 2.9% versus 3% expected and 3% in June 📊
🔸 The Bank of Ghana (BoG) proposed fresh regulatory measures for digital assets
🔸 Multinational financial services company Goldman Sachs has disclosed it holds $418.65 million worth of spot BTC ETFs
🔸 El Salvador gets $1.62 billion closer to construction of its visionary "Bitcoin City"
⚖️ Law and Order
🔸 SEC charges NovaTech and its principals and promoters with $650 million crypto MLM scheme fraud
🔸 Iran is handing out upward of $20 to anyone who alerts authorities to illegal crypto mining operations 🤣
🔸 Crypto influencers boosting their social media clout with fake followers, views and likes will face fines from the United States Consumer Protection Agency
🔸 FBI didn't want to either confirm or deny the existence of Satoshi Nakamoto's records
🗣 Personalities
🔸 Elon Musk tells Donald Trump that he wants to lead a commission on government spending efficiency
🔸 A former Bank of Japan official said the central bank would delay further rate hikes until next year
🔸 User paid $92k in gas fees for a single Ethereum transaction