Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares

CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.Source

Ether Retakes $3K Amid Signs of Seller Exhaustion Before ETF Debut

Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.Source

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.Source

France Votes for Hung Parliament as Major Parties Fall Short of Majority

The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.Source

Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month

The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.Source

Germany Sill Holds $2.2B Worth of Bitcoin, Blockchain Data Show

Germany has been running down its coin stash since mid-June.Source

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week BeginsSource

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.Source

Biden’s Odds on Polymarket Little Changed After ABC TV Interview

The president’s chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.Source

Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud

Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.Source