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BONK Price Plummets 10% as $300M Volume Drives Prices Lower – What’s Next?

Over the past 24 hours, the BONK price has undergone a substantial 10.43% pullback, contributing to an overall 9.6% decline in the meme coin sector. Technical indicators suggest that further decreases may be on the horizon. This has almost completely reversed BONK’s...

, by Harvey Hunter

Controversial US Businessman Grant Cardone Lists $42M Mansion on Propy

American entrepreneur and financial influencer Grant Cardone has listed a massive, luxurious property for sale on Propy's blockchain-based real estate platform.

, by Sead Fadilpašić

El Salvador’s Crypto Wallet Actively Continue Daily Bitcoin Purchases: BitInfoCharts Data

El Salvador, one of the early adopters of crypto, has been continuing its “1 BTC a day program,” purchasing the crypto even during market slump. Data from BitInfoCharts revealed that the nation’s crypto wallet address has been actively purchasing 1 Bitcoin (BTC) per day. The...

, by Sujha Sundararajan

Bitcoin Price Prediction: How Will the DAME Tax Impact BTC as Mining Costs Rise?

The Biden administration's recent proposal to introduce a 30% tax on the electricity consumed by Bitcoin miners, dubbed the Digital Asset Mining Energy (DAME) tax, has ignited considerable debate within the cryptocurrency sector. This policy is aimed at mitigating the environmental and...

, by Arslan Butt

Crypto Investors Linked to ‘Dark’ Traits, Conspiracy Beliefs, Study Shows

Owning crypto may be linked to "dark” personality traits like narcissism, Machiavellianism, psychopathy, and sadism, according to a recent study by academics. Shane Littrell, Casey Klofstad and Joseph E. Uscinski’s study also suggested a link between crypto investment and certain...

, by Shalini Nagarajan

Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

The Basel Committee on Banking Supervision, comprising of several global banking regulators, have approved frameworks for banks to disclose their crypto exposure, starting January 2026. The finalized disclosure framework by the committee includes a “standardized set of public tables and...

, by Sujha Sundararajan

BitMEX Rolls Out New Basket Index for Top 10 Crypto Meme Coins

Derivatives exchange BitMEX is offering a way to bet on popular meme coins with a new basket index product. This offering began trading on July 4 at 04:00 UTC, according to a Thursday announcement. The exchange likely developed this offering in response to meme coin popularity. Meme coins are...

, by Shalini Nagarajan

Bitcoin Network Shows Signs of Miner Capitulation: CryptoQuant

There are signs of Bitcoin miner capitulation, which could indicate a bottom in Bitcoin prices, according to a report by CryptoQuant. Miner capitulation is when some miners halt operations or liquidate portions of their Bitcoin reserves, typically due to unsustainable financial pressures....

, by Tanzeel Akhtar

New Zealand Cracks Down on Crypto Investors Avoiding Tax Disclosures

New Zealand's tax authority revealed on Thursday that it is targeting individuals actively trading crypto who have not reported their income from these transactions in tax filings. The Inland Revenue Department (IRD) disclosed it has identified 227,000 crypto users in the country involved in...

, by Shalini Nagarajan

DWF Labs Launches $20M Cloudbreak Fund for Chinese Projects

DWF Labs, a market maker and Web3 investment firm has launched the $20 million Cloudbreak Fund to support projects and founders in Chinese-speaking regions. The Cloudbreak Fund aims to support initiatives in various sectors, including gaming, social finance, meme coins, derivatives, and layer-1...

, by Tanzeel Akhtar

Bitcoin Mining Electricity Price Hikes ‘Will Cost Paraguay $1.5B and 1,170 Jobs’

Bitcoin mining chiefs in Paraguay say controversial new electricity rates for the sector will cost the country almost $1.5 billion and leave some 1,170 people out of work. Per Criptonoticias, the claims came from the newly formed Paraguayan Chamber of Digital Asset Mining (Capamad). Bitcoin...

, by Tim Alper

Internal Probe Reveals Ex-Contractor Behind $14.4 Million Holograph Hack

Holograph, a blockchain tokenization platform, announced on July 2 the successful completion of the post-mortem report for the security breach that occurred on June 13.Holograph disclosed that the internal investigation found a former disgruntled contractor responsible for hacking the platform. In...

, by Hassan Shittu

Chinese Banks Bolster Digital Yuan Security to Fight Money Laundering

Chinese banks say they will fight back against digital yuan-themed money laundering and identity theft schemes by rolling out new security protocols. Per the Beijing Business Daily, “some banks” have “taken action” following updated CBDC guidelines. These guidelines...

, by Tim Alper

KuCoin’s 7.5% VAT Charge on Transaction Fees Sparks Concerns Among Nigerian Crypto Users

KuCoin cryptocurrency exchange announced on July 3 a major regulatory update that will affect its users in Nigeria. The exchange will implement a transaction fee tax on all trades executed on the platform for its Nigerian users.Effective July 8, 2024, the company will begin collecting a 7.5%...

, by Hassan Shittu

Bank of Canada Survey Shows Canadians Prefer to Use Cash Rather Than Crypto

A new survey by the Bank of Canada has revealed that cash is still king in Canada, not crypto. Institutions, yet, are starting to accept this.

, by Jimmy Aki

Hong Kong Regulators Plan To Review Crypto Requirements: Here’s Why

Hong Kong regulators to review crypto requirements for VA providers due to the spate of license withdrawals from crypto firms in the country.

, by Jimmy Aki

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