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Meme Coin News: PolitFi Meme Coins Are Trending, But MAGA Price Drops

PolitFi meme cions see the mixed performance, KAMA jumps 61% in a day due to trending news, and MAGA meme coins see significant drops.

, by Sead Fadilpašić

Asset Manager Bitwise to Donate 10% of Ethereum ETF Profits to Open-Source Developers

Crypto investment firm Bitwise will be donating 10% of its spot Ethereum ETF – exchange-traded fund – profits to ETH open-source developers. The asset manager’s spot Ethereum ETF (ETHW) is scheduled to begin trading on the New York Stock Exchange starting July 23, after the US...

, by Sujha Sundararajan

Europol Finds Equal Incidence of Criminal Cases Involving Bitcoin and Altcoins

EU police force Europol revealed that the number of criminal cases it handles involving Bitcoin is nearly the same as those involving altcoins. In its latest Internet Organised Crime Threat Assessment (IOCTA) released on Monday, the agency highlighted a rise in crypto use in various criminal...

, by Shalini Nagarajan

Polygon Spinoff Avail to Launch DA Mainnet

Blockchain data-availability project Avail founded by former Polygon team members has announced the launch of Avail DA Mainnet and the AVAIL token. This update will mark the first crucial step in Avail's mission to equip developers with the tools to improve blockchain scalability, liquidity,...

, by Tanzeel Akhtar

Ether ETFs May See Annual Flows Between $4.8B – $6.4B: Wintermute

Crypto market maker Wintermute said the new spot Ether exchange-traded funds (ETFs) could see annual flows in the $4.8 - $6.4 billion range. This in turn could result in a 17.9% to 23.87% price increase in Ether. The U.S. Securities and Exchange Commission (SEC) has approved several spot Ether...

, by Tanzeel Akhtar

Bitcoin Dips to $66.3K as Mt.Gox Moves $2.85B in BTC Day After Test Transaction

Mt. Gox, the Japanese crypto exchange that collapsed in 2014, transferred 42,587 Bitcoin, estitmated at $2.85 billion, to an unknown wallet on Tuesday.

, by Tanzeel Akhtar

Grayscale Moves $1 Billion into Ether Mini ETF Ahead of Ethereum ETF Launch

Asset manager Grayscale was identified moving $1b in Ether as it prepares to transform its multibillion-dollar Ethereum Trust into two ETFs with varying fees. It follows the SEC approving several spot Ethereum ETFs to begin trading on Tuesday, July 23. These include ETFs from 21Shares, Bitwise,...

, by Shalini Nagarajan

Metaplanet Teams Up with Hoseki to Verify Bitcoin Holdings

Metaplanet has partnered with Hoseki, a leader in Bitcoin verification solutions, to allow users to verify the company's Bitcoin holdings.

, by Ruholamin Haqshanas

US House Rep. Approves Fresh Crypto Bill to Fight Illicit Finance, Forms Working Group

The US House of Representatives has passed a fresh crypto legislation, this time, to combat its use for illicit finance. The bipartisan financial services bill would create a government working group to access crypto in terrorism and money laundering. Passed on Monday, the legislation, sponsored...

, by Sujha Sundararajan

Swan Bitcoin Abandons IPO Plans, Closes Mining Unit

Bitcoin investment company Swan Bitcoin has abandoned plans to go public soon and intends to shut down its managed mining operations. In an X post on Monday, CEO Cory Klippsten said the company is scaling back its increased spending plan for its core financial services business. This rollback...

, by Shalini Nagarajan

HIVE Digital Unveils Plan for 100-Megawatt Bitcoin Mining Site in Paraguay

HIVE Digital Technologies has announced plans to construct a 100-megawatt Bitcoin mining facility in Paraguay.

, by Ruholamin Haqshanas

Japanese Crypto Firms Petition Government to Reform Crypto Tax

An association of Japanese crypto exchanges and blockchain companies has petitioned the government to make coin-related tax reforms. In an official Japan Blockchain Association (JBA) release, the companies asked Tokyo to make the changes ahead of the Financial Year 2025. The JBA explained...

Spot Ethereum ETFs Approved for Trading Tuesday After SEC Greenlight

The SEC has approved several spot Ethereum exchange-traded funds (ETFs), allowing them to begin trading on Tuesday, July 23rd after weeks of registration statement revisions. The U.S. Securities and Exchange Commission gave the green light to registration forms from 21Shares, Bitwise, BlackRock,...

, by Hassan Shittu

South Korean Regulator ‘Cautious’ About Letting Corporations Invest in Crypto

The likely new head of the top South Korean financial regulator says he is “cautious” about letting corporations invest in crypto. Per Digital Times, the comments came from the nominee for the chairmanship of the Financial Services Commission (FSC) Kim Byung-hwan. Kim spoke at a...

Digital Chamber Urges VP Kamala Harris to Adopt Crypto-Friendly Stance in Open Letter

The Digital Chamber, a prominent digital asset trade association, has called on Kamala Harris to embrace the U.S. cryptocurrency industry if she becomes the Democratic presidential nominee. This appeal follows President Joe Biden's decision to withdraw from the 2024 presidential race, backing...

, by Hassan Shittu

Gate to End Services and Account Creation in Japan from July 22

Gate.io, one of the world's leading cryptocurrency exchanges, announced on July 22 that it would terminate services in Japan and immediately stop opening new accounts for Japanese residents. Additionally, the exchange launched a legal compliance program in Japan to support customers in migrating...

, by Hassan Shittu

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