Cointelegraph

⁠High-ranking crime fighter to join UK’s FCA as payments and digital assets director The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its n…

⁠Core Scientific sold $167M worth of Bitcoin holdings in June The sale left the firm with ​​1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31…

⁠Bitcoin price swings 7.5% during intraday trading as US recession concerns mount BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the ma…

⁠Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base co…

⁠Italian government will provide $46 million in subsidies for blockchain projects All companies developing IoT, AI, or blockchain technology will be eligible to apply for government subsidies provided the funds will be u…

⁠US Commerce Dept. asks digital asset industry for input on competitiveness framework The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 exec…

⁠eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago.

⁠With the bear market in full throttle, crypto derivatives retain their popularity "Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead…

⁠Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financi…

⁠Bitcoin faces fresh pressure as US dollar crushes gold, risk assets BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year's previous peaks.

⁠Russians banned from accessing Bitmex within European Union Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.

⁠Liquid markets are healthy markets, says Kairon Labs co-founder Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance.

⁠Lamborghini-backed GT racing team to authenticate car parts using NFTs Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts.

⁠UK government seeks public input on DeFi taxation The HMRC is asking for input from investors, professionals, and organizations involved in DeFi-related activities.

⁠Bollywood A-lister-backed GARI token plunge sparks rug pull rumors GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short vide…

⁠Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022 The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022.

⁠ARK Invest 'neutral to positive' on Bitcoin price as analysts await capitulation ARK argues that bearish continuation has limited room left to run, as on-chain indicators bottom out.

⁠Crypto investor Sequoia Capital China reportedly raises $9 billion Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.

⁠Dutch University set to recover more than twice the paid BTC ransom in 2019 The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources.

⁠MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4 The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation.

⁠Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the as…

⁠African infrastructure firm lands $150M to launch crypto water token A new water delivery infrastructure system powered by cryptocurrency has received a massive investment from global investment firm GEM Digital.

⁠Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more The console's creators say it will be compatible with eight blockchains and have its own digital wallet, toke…

⁠Indian crypto trading volumes slump following hefty taxes Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to p…

⁠Institutional investors shorting Bitcoin made up 80% of weekly inflows Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest…