Crypto Trading Firm Cumberland Acquires New York’s BitLicense
The firm said it’s one of the only principal trading firms to hold the state’s crypto license.
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Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck.
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.
South Africa Re-Elects Cyril Ramaphosa of the ANC as President
South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country’s first multi-party coalition government.
Two Men Charged With Running Darknet Marketplace Empire Market
Federal prosecutors in Illinois have charged two men with owning and operating Empire Market, a darknet marketplace, according to court documents filed Friday.
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
Protocol Village: Manta Foundation Launches $50M EcoFund and Ecosystem Grant Program
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.