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ECB sees stablecoins driving a new era for digital payments and banking
Piero Cipollone, member of the executive board of directors of the European Central Bank (ECB), warned on Friday that the increasing popularity of stablecoins threatens Europe’s banking system because retail deposits will be detached from commercial banks. Speaking at a gathering of Italy’s cooperative banks in Rome on July 17, he said the trend adds...Cryptopolitan
Sat, Jul 18
GameStop turns its eBay contracts into stock and gains voting power
GameStop (NYSE: GME) now owns almost one-tenth of eBay (NASDAQ: EBAY) after turning a large set of financial contracts into actual stock. A filing released late Friday showed the retailer holds 43.39 million eBay shares, equal to 9.8% of the online marketplace. Ryan Cohen is still chasing a takeover even though eBay rejected his first...Cryptopolitan
Sat, Jul 18
Etched books $1 billion in orders, taking aim at Nvidia on AI inference
Etched, which is a four-year-old chip startup, claims to have received more than $1 billion worth of orders of hardware that is basically designed to run AI models after they have already been trained. The process of running AI models is known as inference and this has become one of the costliest operations for companies...Cryptopolitan
Sat, Jul 18
Cardano Consolidation Puts ADA Traders Back On Pattern Watch
Cardano Consolidation Puts ADA Traders Back On Pattern Watch is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealing with polBitcoinist
Sat, Jul 18
XRP Holds Near $1.06 While Multi-Token ETF Attention Moves Elsewhere
XRP Holds Near $1.06 While Multi-Token ETF Attention Moves Elsewhere is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealingBitcoinist
Sat, Jul 18
Crypto investment products snap $8B outflow streak as weak US inflation revives Bitcoin sentiment
Global crypto investment products are on track to record a second consecutive week of inflows after ending an eight-week streak of net outflows totaling roughly $8 billion, CoinShares Head of Research James Butterfill wrote in a Friday report.
Fxstreet
Sat, Jul 18
FTX schedules fifth wave of $900 million as Dotcom creditors near cumulative 105% recovery
The FTX Trading Ltd. company and the FTX Recovery Trust announced on Friday that about $900 million would be paid out to creditors on July 31. This is the fifth major payout made by the company since the Chapter 11 restructuring of the failed exchange commenced in early 2025. Creditors eligible for payment under the...Cryptopolitan
Sat, Jul 18
Ethereum Rebound Stalls As Policy Uncertainty Cools ETF Excitement
Ethereum Rebound Stalls As Policy Uncertainty Cools ETF Excitement is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealing wiBitcoinist
Sat, Jul 18
Bitcoin Drops Below $63,000 As Macro Pressure Returns To Crypto
Bitcoin Drops Below $63,000 As Macro Pressure Returns To Crypto is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealing withBitcoinist
Sat, Jul 18
Ethereum Price Forecast: ETH remains fragile underneath the surface despite outperformance
Ethereum's (ETH) outperformance over the past week shows it's gaining relative strength against other top cryptocurrencies, but under the surface, key metrics indicate its rise remains fragile.
Fxstreet
Sat, Jul 18
SEC E-Delivery Proposal Moves Fund Disclosures Further Into The Digital Era
SEC E-Delivery Proposal Moves Fund Disclosures Further Into The Digital Era is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dBitcoinist
Sat, Jul 18
Kraken Borrow Update Gives Pro Traders More Room To Manage Collateral
Kraken Borrow Update Gives Pro Traders More Room To Manage Collateral is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealingBitcoinist
Sat, Jul 18
France orders ISPs to block Polymarket after payments ban fails
The president of France’s National Gambling Authority instructed the country’s internet service providers to block access to Polymarket on July 16, according to a statement issued by the authority on Friday. The order escalates France’s November 2024 action, when regulators barred financial transactions from French accounts to the site. Even that did not stop traffic....Cryptopolitan
Sat, Jul 18
Kraken Pro Options Upgrade Brings More Structure To Retail Crypto Hedging
Kraken Pro Options Upgrade Brings More Structure To Retail Crypto Hedging is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been deaBitcoinist
Sat, Jul 18
Kraken Institutional Turns To Upshot To Price The Illiquid Side Of Crypto
Kraken Institutional Turns To Upshot To Price The Illiquid Side Of Crypto is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been deaBitcoinist
Sat, Jul 18
SEC-CFTC Commodity Release Draws Lobby Pushback Over Crypto Oversight
SEC-CFTC Commodity Release Draws Lobby Pushback Over Crypto Oversight is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has been dealingBitcoinist
Sat, Jul 18
SEC Crypto Rulemaking Enters White House Review As Industry Waits For Details
SEC Crypto Rulemaking Enters White House Review As Industry Waits For Details is worth covering because it sits inside one of crypto’s live conversations rather than floating as a standalone headline. The market has beenBitcoinist
Sat, Jul 18
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