Coinbase, Microstrategy Shares Rally After Cboe Refiles Bitcoin ETF Applications
Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.Source
Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud
The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.Source
Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.Source
Crypto ATM Operator Bitcoin Depot’s Stock Rises 12% in Stock Debut
The company plans to look for acquisition opportunities in the “highly fragmented” market, CEO Brandon Mintz said.Source
First Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Hong Kong Sets Up Task Force for Web3 Development
Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said.Source
Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein
The lack of a spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust, which are more expensive, illiquid and inefficient, the report said.Source
Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year.Source
AzukiDAO Votes on ‘Reclaim’ of 20K Ether After Botched Elementals NFT Mint
“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads.Source
Bitcoin Cash Futures Traders Lose Most in 2 Years as Prices Spike to $320
South Korean trading volumes for the bitcoin offshoot token boomed last week, spurring a price spike last week.Source