Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency.
https://news.bitcoin.com/7-us-states-unite-to-challenge-secs-crypto-overreach/
The Babylon mainnet will be at the end of the month or beginning of August.
https://discord.com/channels/1046686458070700112/1046686458070700115/1264781054066163872
Former President Donald Trump may ask BlackRock CEO Larry Fink to be his next Treasury Secretary if he is elected.
https://nypost.com/2024/07/20/business/the-odd-yet-interesting-choice-of-who-trump-may-tap-to-be-his-treasury-secretary/
Ripple’s CEO Brad Garlinghouse expects the company to settle its years-long litigation with the SEC ‘very soon’.
https://www.theblock.co/post/306488/xrp-price-activity-rise-as-ripples-ceo-says-he-expects-legal-resolution-very-soon
Ethereum turned inflationary in 2024 Q2, adding 120,818 ETH to the circulating supply.
Ethereum burned 107,725 ETH, while 228,543 ETH were emitted in Q2. This resulted in a net addition of 120,818 ETH to the supply, marking the network's inflationary status.
The burn rate of ETH fell by -66.7% quarter-on-quarter, attributed to reduced network activity and falling gas fees.
https://x.com/coingecko/status/1814631386420290006
The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23.
The five spot Ether ETFs set to commence trading are the 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF.
https://cointelegraph.com/news/cboe-official-launch-date-spot-ethereum-etf
The crypto market is growing
BTC Dominance - 53.65%
Market Cap - $2.45T
BTC - $66,680.01 (+3.79%)
ETH - $3,500.07 (+2.09%)
BNB - $590.9 (+3.22%)
ZRO - $3.91 (+1.31%)
ZK - $0.1788 (+6.5%)
STRK - $0.591 (+3.7%)
https://dropstab.com
Pavel Durov says this month, Telegram will introduce a mini app store and an in-app browser with support for Web3-pages
/channel/durov/336
Avail will launch its mainnet on July 23
https://x.com/AvailProject/status/1814272342563950644
Galaxy Digital has acquired “substantially all” of the assets of blockchain node operator CryptoManufaktur.
The deal expands the Michael Novogratz-led firm’s role in Ethereum staking, increasing its ether assets under stake from approximately $2.3 billion to $3.3 billion.
https://www.theblock.co/post/306382/galaxy-digital-cryptomanufaktur
Trump Asks $844,600 for Fundraiser Seat at Bitcoin Conference
Photo-ops available for $60,000 or $100,000 per crypto couple.
All money raised will be spent on Donald Trump's election campaign.
https://www.bloomberg.com/news/articles/2024-07-18/trump-asks-844-600-for-fundraiser-seat-at-bitcoin-conference
To meet all necessary requirements for an optimal outcome, Tribal will be extending the token release timeline to start October 31, 2024 but decrease the lockup schedule of each holder after the initial release by one third.
Consistent with Tribal’s legal counsel’s guidelines, this extension is not and cannot be a unilateral decision by the team and was supported by more than 90% of private sale holders and 80% of total token sale holders. Tribal will still be honoring the 5% additional airdrop to CoinList participants that was announced last year.
https://medium.com/tribal-ecosystem/a-message-from-tribal-finance-3b15f365f1b4
Wintermute plans to raise $100 million
https://www.theinformation.com/articles/crypto-trading-giant-wintermute-in-fundraising-talks
Sanctum (CLOUD) trading has started on Bybit.
CLOUD is now trading at ~$0.29 (~2x from the auction price).
FDV: $290M
https://www.bybit.com/en/trade/spot/CLOUD/USDT
The crypto market is down
BTC Dominance - 53.35%
Market Cap - $2.36T
BTC - $63,872.01 (-1.33%)
ETH - $3,417.58 (-0.11%)
BNB - $571.3 (-0.42%)
ETHFI - $2.29 (-6.93%)
STRK - $0.562 (-6.33%)
ZK - $0.1655 (-1.84%)
WLD - $2.58 (-9.89%)
https://dropstab.com
Elon Musk, Messari's Ryan Selkis, Marc Andreessen and others changed their profiles in a laser-eye photo
https://x.com/elonmusk
https://x.com/twobitidiot
https://x.com/pmarca
President Joe Biden stated Sunday he will not seek reelection in 2024, endorsing Vice President Harris as his replacement.
Following the news, the memecoin Jeo Boden BODEN dropped by 60% in 24 hours.
https://www.theblock.co/post/306521/as-joe-biden-drops-out-of-presidential-race-boden-token-plummets-44
The crypto market is neutral
BTC Dominance - 53.78%
Market Cap - $2.49T
BTC - $67,950.01 (+1.13%)
ETH - $3,519.79 (+0.23%)
BNB - $602 (+1.01%)
ZRO - $5.11 (-1.22%)
ZK - $0.195 (-2.59%)
STRK - $0.615 (+0.52%)
W - $0.3468 (+0.38%)
https://dropstab.com
Top 300 gainers in 24h: ZRO +29%, MEW +13%, TRUMP +10%, ZK +7%
https://dropstab.com/insights/top-performance
The crypto market is neutral
BTC Dominance - 53.69%
Market Cap - $2.47T
BTC - $67,186 (+0.93%)
ETH - $3,510.5 (+0.31%)
BNB - $595.9 (+0.96%)
ZRO - $5.17 (+30.81%)
ZK - $0.2006 (+13%)
STRK - $0.61 (+3.04%)
ARB - $0.7829 (-0.47%)
https://dropstab.com
Bybit will list Avail (AVAIL) on July 23, 12:00 UTC
https://x.com/Bybit_Official/status/1814238756444016995
Binance.US has received a judge's sign-off to invest certain customers' assets in U.S. Treasury bills as part of an order setting conditions for the crypto exchange.
https://www.theblock.co/post/306457/binance-us-entities-get-judges-sign-off-to-invest-customer-assets-in-us-treasury-bills
Mines of Dalarnia announces that DAR and LAND staking is going live on July 25, 2024
https://x.com/DarOpenNetwork/status/1814269037335228447
💧 Top Funding Rounds in the Last 7 Days
👉 https://dropstab.com/insights/latest-fundraising-rounds
💧Current state of the market in our weekly overview
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Layer3 will release its airdrop checker on July 24th
https://discord.com/channels/884514862737281024/886742656447819837/1263589297672425627
The Russian founder of the Bitzlato cryptocurrency exchange Anatoly Legkodymov was sentenced to the 18 months he’d already served behind bars in the US for operating an unlicensed money-transmitting business that masked the proceeds of illegal gambling and drug deals valued at more than $700 million.
https://www.bloomberg.com/news/articles/2024-07-18/crypto-exchange-head-gets-no-more-jail-time-in-700-million-scam
Coinbase International will add support for Bittensor, Toncoin, and Tellor perpetual futures on Coinbase International Exchange and Coinbase Advanced.
The opening of the TAO-PERP, TON-PERP, and TRB-PERP markets will begin on or after 9:30 UTC 25 JUL 2024.
https://x.com/CoinbaseIntExch/status/1813966458277253501
Binance has announced the 1st project on Binance Airdrops Portal - Banana Gun (BANANA).
Users who subscribed their BNB to Simple Earn products from 2024-06-23 00:00 UTC to 2024-07-05 23:59 UTC will get the airdrop distribution.
Binance will then list BANANA at 2024-07-20 09:00 UTC and open trading with BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD and BANANA/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-banana-gun-banana-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-252eaa5e7a8646e6a4461f6057a06af4
Injective has announced the launch of AINJ, the Injective Staking Exchange-Traded Product (ETP) by 21Shares
AINJ is a new product that allows users to gain exposure to INJ via major traditional finance exchange venues and brokerages while also capturing staking rewards.
AINJ is provided by 21Shares, a primary issuer of crypto ETPs.
https://blog.injective.com/en/injective-etp-launch/