Democratic Presidential Candidate Robert F. Kennedy Jr. outlined specific Bitcoin-focused policies that he would enact as president, including gradually backing the U.S. dollar with bitcoin and making bitcoin profits exempt from capital gains taxes.
https://www.thestreet.com/cryptocurrency/rfk-jr-announces-plan-to-back-dollar-with-bitcoin-end-bitcoin-taxes
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.21T. Bitcoin is trading at $29.9K
dropstab | icodrops | twitter | telegram
Linea has started distributing NFTs to participants of the Voyage quest.
Participants with over 2500 points in the NFT leaderboard will get NFTs automatically, while those with less than 2500 points will have to claim Tier 5 NFT themselves.
Notably, according to the leaderboard, there are 5 million participants in total: ~300k have received Tier 1-4 NFT, and the remaining 4.7 million qualify for Tier 5.
https://discover.consensys-nft.com/linea/voyage
U.S. Republican lawmakers plan to introduce a cryptocurrency bill this week.
https://www.bloomberg.com/news/articles/2023-07-18/key-republican-is-optimistic-about-new-us-crypto-law-after-ripple-xrp-ruling
The SEC will begin reviewing spot BTC-ETFs this week.
The review period may be up to 240 days.
https://www.coindesk.com/policy/2023/07/18/us-spot-bitcoin-etf-approval-clock-to-start-wednesday-as-8-applicants-named-on-federal-register/
Pavel Durov: „I personally bought about a quarter of the new Telegram bonds, investing tens of millions into Telegram’s growth. But I prefer to stay focused on my work, without “owning” anything (well, apart from Telegram, some Bitcoin and some Toncoin)“.
/channel/durov/215
Ubisoft joins the Cronos ecosystem as network validator.
https://blog.cronos.org/p/cronos-onboards-ubisoft-as-validator
Justin Sun posted the number "4" on Twitter.
https://twitter.com/justinsuntron/status/1680988023788539905
Valkyrie's bitcoin ETF has just been ack by the SEC.
https://twitter.com/ericbalchunas/status/1681062886808879104
Uniswap launches UniswapX, a new permissionless, open source (GPL), auction-based protocol for trading across AMMs & other liquidity sources.
https://twitter.com/uniswap/status/1680955621343129600
The Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets.
https://twitter.com/chainlink/status/1680970793331613697
Bybit and Gate.io have listed Neon Labs.
NEON is now trading at $0.175 from the sale price ($0.1).
https://www.bybit.com/en-US/trade/spot/NEON/USDT
https://www.gate.io/ru/trade/NEON_USDT
Mantle Network (BitDAO) launched a mainnet and began trading on Bybit.
Mantle Network is an L2 solution for Ethereum being developed by the BitDAO team who has raised $230 million from The Spartan Group, Pantera Capital, Dragonfly Capital and others.
Today, the MNT token replaced the BIT token (BitDAO) at a 1:1 exchange rate.
https://twitter.com/0xMantle/status/1680871684557922304
FUD: According to an internal email, Binance is cutting costs and adjusting payouts to employees during difficult times, effective June 19th.
https://twitter.com/adamscochran/status/1680648344471842817
Bybit has listed Salad (SALD).
SALD is now trading at $0.09 (max $0.5).
Salad raised $15.5 million from investors including Gemini and Multicoin.
Salad Ventures, headquartered in Singapore, is a X-2-Earn ecosystem project that uses innovative growth strategies and blockchain technology to help Web 3 projects scale.
https://twitter.com/SaladVentures/status/1681215286329110528?s=20
https://www.bybit.com/en-US/trade/spot/SALD/USDT
An Ethereum ICO participant woke up after 8 years of dormancy and deposited all 61,216 ETH ($116M) to Kraken.
He received 61,216 ETH ($116M currently) at Ethereum Genesis, the ETH ICO price is ~$0.31.
https://twitter.com/lookonchain/status/1681476159253680128
Binance has completed the 24th quarterly BNB burn.
Auto-Burn (Total BNB burned): 1,991,854 BNB
Approximate value in USD: ~$484,020,522
https://www.binance.com/en/support/announcement/11cb4b1ea3d84a209bc90e4132312ff5
Vitalik Buterin explains how Ethereum plans to make crypto wallets as simple as email.
Account abstraction, which would make it possible to store seed phrases in smart contracts, is "a pretty big deal," he said.
The Ethereum (ETH) upgrade would allow users to create non-custodial wallets as programmable smart contracts. This would unlock a number of features, such as easy wallet recovery, signless transactions–which translates into lower transaction fees–and team wallets (also known as multisignature wallets).
https://decrypt.co/149063/vitalik-buterin-explains-how-ethereum-plans-to-make-crypto-wallets-as-simple-as-email
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada to be put into receivership after the state ordered the company to cease all activities amid a shortfall in customer funds and accusations that it used customer funds to meet withdrawal requests.
The company’s operations will be taken over by John Guedry, president of Bank of Nevada, the filing stated.
https://www.coindesk.com/business/2023/07/18/prime-trust-put-into-receivership-charged-with-using-customer-funds-to-buy-crypto/
Impossible Finance has announced that purchase period for Brickken is now open.
https://twitter.com/impossiblefi/status/1680951143541907456?s
Bryan Pellegrino, CEO of LayerZero, announced the event for July 28th.
https://twitter.com/PrimordialAA/status/1681217027770294273
Binance has listed Arkham (ARKM).
ARKM is now trading at $0.78.
https://www.binance.com/en/trade/ARKM_USDT
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.20T. Bitcoin is trading at $30K
dropstab | icodrops | twitter | telegram
Ark Invest sells Coinbase shares again for ~$26 million.
https://www.coindesk.com/markets/2023/07/18/wood-says-ark-is-taking-profits-as-it-sells-26-million-in-coin/
Coinbase CEO Brian Armstrong set to meet with house democrats to speak about digital-asset legislation and related issues including tax, national security, privacy and climate.
https://www.bloomberg.com/news/articles/2023-07-17/coinbase-ceo-brian-armstrong-set-to-meet-with-house-democrats
Judge Sarah Netburn orders both Ripple and the SEC to agree on 3 mutually convenient dates to schedule a settlement conference.
Also recommends scheduling 6-8 weeks beforehand due to the court’s busy schedule.
https://twitter.com/eleanorterrett/status/1681032363873124357
G20 body issues 9 regulatory recommendations to rein in crypto industry.
The recommendations, which also take into account feedback received during the FSB’s public consultation on the topic, include calls for cross-border cooperation between regulators, governance requirements for crypto issuers, and mandatory disclosures for the industry.
https://decrypt.co/148873/g20-body-issues-9-regulatory-recommendations-rein-crypto-industry
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.22T. Bitcoin is trading at $30.2K
dropstab | icodrops | twitter | telegram
Subscription for the Arkham (ARKM) token sale on Binance Launchpad is now open.
After the subscription is complete, Binance will list Arkham (ARKM) in the innovation zone and open trading for ARKM/BTC, ARKM/USDT, ARKM/TUSD, ARKM/BNB and ARKM/TRY trading pairs at 2023-07-18 12:00 UTC.
https://www.binance.com/en/support/announcement/subscription-for-the-arkham-arkm-token-sale-on-binance-launchpad-is-now-open-60ca3aab48464625bdb79716f5b2c0b0