Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH
Court documents from last November give a rough picture of the lender’s altcoin holdings.Source
Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.Source
Bitcoin Cash, FTX’s FTT Token and COMP Led Crypto Market Gains in June
Bitcoin cash added the most, almost tripling over the course of the month.Source
Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
Creditor distributions will only be made in the two most popular cryptocurrencies, the company saidSource
Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate
Spot bitcoin ETF applications from BlackRock and Fidelity, among others, had helped drive bitcoin higher over the past two weeks.Source
OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship
Manchester City and OKX’s other partners have been auditing the exchange’s proof of reserves to ease concerns that it won’t go the same way as FTX.Source
First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF
The latest price moves in bitcoin (BTC) and crypto markets in context for June 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million.Source
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.Source
Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.Source