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Hyperscale Data purchases 67 BTC, raising its holdings to 849 BTC
Hyperscale Data Inc. (NYSE: $GPUS) has announced that it added 67 BTC to its balance sheet. The Las Vegas-based AI data center company said Thursday it purchased 67 BTC between June 30 and July 1, raising its total holdings to 849 BTC. The new record puts the company ahead of Ming Shing Group, Yueda Digital...
Cryptopolitan
Thu, Jul 2
Kazakhstan's central bank issue first license for crypto exchange operations
The central bank of Kazakhstan has issued its first license for crypto exchange operations under the country’s recently updated legislation for digital assets. The permit will allow the authorized company to buy, sell and store cryptocurrency outside the narrow legal framework of the financial hub in the nation’s capital, Astana. Kazakhstan starts licensing cryptocurrency exchanges...
Cryptopolitan
Thu, Jul 2
Google must now pay record €4.1 fine after losing 8-year EU antitrust legal battle
Google felt its latest European enforcement pain earlier today after the European Court of Justice rejected its final appeal against a €4.1 billion ($4.7 billion) antitrust penalty handed out by regulators on the old continent. Today’s ruling, which is coincidentally the largest antitrust fine in the EU’s history, ends an eight-year legal inquiry into allegations...
Cryptopolitan
Thu, Jul 2
Ripple Price Forecast: XRP bulls aim for $1.20 breakout despite ETF outflows, fading retail interest
Ripple (XRP) grinds higher on Thursday, trading above $1.07. This comes after the remittance token tested support at $1.03 amid heavy selling pressure that has dominated the crypto market in recent weeks.
XRP
Fxstreet
Thu, Jul 2
Standard Chartered partners with Circle to launch direct USDC minting
Standard Chartered has become the first globally systemically important bank to offer direct USDC minting and redemption. The bank announced Thursday it has partnered with Circle to allow institutional clients to mint and redeem USDC, without needing direct Circle accounts. Circle 🤝 Standard Chartered@StanChart has launched institutional USDC minting and redemption through DIFC, becoming the...
Cryptopolitan
Thu, Jul 2
VARA Dubai emerges as UAE's most popular regulator with 50th VASP issued license
UAE now has 101 regulated Virtual Asset Service Providers, and more than 50% of the licensed VASPs are in VARA (Virtual Assets Regulatory Authority) in Dubai, UAE. The regulator issued its most recent and 50th licensed VASP to Tribe Tokenization FZE. On LinkedIn, Tribe wrote, “It’s been a long and challenging road, but today we...
Cryptopolitan
Thu, Jul 2
Christoph Jentzsch proposes dissolving ENS DAO after founder blocks Security Council vote
Christoph Jentzsch, a veteran Ethereum developer with no formal ENS governance role, has proposed shutting down the ENS DAO entirely. The treasury would be better handled if it were in the hands of an outside steward, according to Jentzsch. This is the third competing idea for how the ENS should be run, with the two...
Cryptopolitan
Thu, Jul 2
Crypto Today: Bitcoin, Ethereum, XRP steady rebound as US and Iran conclude positive talks in Doha
The cryptocurrency market broadly rises on Thursday, reflecting improvement in risk sentiment following an extended period of selling pressure. Bitcoin (BTC) is back above $60,000 after testing support at $58,000 earlier in the week.
Bitcoin
Ethereum
XRP
Fxstreet
Thu, Jul 2
Analysts look for return signals as retail traders stay out of crypto markets
The activity of retail traders is at an all-time low on Binance. Retail in general is waiting in the sidelines, expecting to rejoin crypto if other markets offer lower returns.
Cryptopolitan
Thu, Jul 2
Building an AI-Native Travel Ecosystem: Exclusive Interview With Staynex CEO Yuen Wong
The global travel industry has long been divided: consumer platforms focus on discovery, while corporate systems prioritize rigid compliance. For years, legacy infrastructure kept these worlds separate, but artificial intelligence is beginning to bridge that divide. Social travel platform Staynex is building an AI-native ecosystem designed to support both retail and corporate travel natively. Following...
Cryptopolitan
Thu, Jul 2
Metaplanet adds 2,823 BTC to its treasury, lifting holdings to 43,000
Metaplanet has announced that it has purchased 2,823 Bitcoin, bringing its total corporate holdings to 43,000 BTC and placing the firm among the most active treasury buyers alongside Strategy and Strive. The Japanese company disclosed the purchase in a post on X on July 2, alongside a separate notice detailing the results of its Bitcoin...
Cryptopolitan
Thu, Jul 2
Lummis defends CLARITY Act as Warren warns crypto bill could fuel illicit finance
Wyoming’s Senator Cynthia Lummis countered Senator Elizabeth Warren’s recent criticisms of the Clarity Act. She pointed to more than 16 statutory safeguards to refute claims that the bill creates loopholes for illicit finance. The latest clash comes as lawmakers continue negotiations on the Senate version of the crypto market structure bill, with supporters pushing to...
Cryptopolitan
Thu, Jul 2
The new MiCA era
On July 1, 2024, MiCA came into force across the European Economic Area. It established a regulatory perimeter for digital asset custody, capital adequacy, and consumer protection. Within 24 hours, the market absorbed what this meant: the EEA would optimize for institutional accountability and consumer protection in digital asset services. Capital routes accordingly. But MiCA...
Cryptopolitan
Thu, Jul 2
Cardano Price Forecast: ADA extends recovery amid subtle bullish retail signs
Cardano (ADA) price extends mild recovery on Thursday after a 6% rebound the previous day, an early signal of a potential bullish trend reversal.
Cardano
Fxstreet
Thu, Jul 2
Bitcoin Price Forecast: BTC extends recovery amid positive progress in US-Iran peace talks
Bitcoin (BTC) is extending its recovery, trading above $61,000 at the time of writing on Thursday after slipping to a 21-month low the previous day. Reports of positive progress in indirect US-Iran talks in Doha lift investor confidence, supporting BTC’s rebound.
Bitcoin
Fxstreet
Thu, Jul 2
South Korea shuts down crypto treasury shortcut for listed firms
The Korea Exchange (KRX) announced on July 2nd that the KOSDAQ listing rules have been changed so that public companies cannot covertly change their original technology businesses to investing in cryptocurrencies. This rule, which restricts one of Asia’s largest equity markets and sends a clear message to the growing trend in companies around the world...
Cryptopolitan
Thu, Jul 2
Ethereum Foundation makes its biggest pitch to governments yet
The Ethereum Foundation released a policy guide, outlining that Ethereum is to be classified as a neutral public infrastructure where both governments and institutions can turn for their needs. This could affect how all regulators around the world may see and interact with all public blockchains in general, and particularly with the tokens that operate on...
Cryptopolitan
Thu, Jul 2
Hyperliquid Price Forecast: Easing ETF flows, retail demand edge HYPE to make-or-break stage
Hyperliquid (HYPE) price continues to coil, struggling to find direction as it edges higher on Thursday after two consecutive days of losses. Institutional demand, a key driver for altcoins in recent times, eases for HYPE with minimal inflows following a $108 million surge last week.
Fxstreet
Thu, Jul 2
OpenAI’s Sam Altman offers Trump admin a 5% equity worth $43 billion ahead of IPO to rival SpaceX
OpenAI has been discussing with the authorities in Washington DC about giving a 5 percent share of its company to the US Government, which will be valued at around $43 billion based on its estimated value of $852 billion, according to FT. The idea is tied to Sam Altman’s push to give Americans a direct...
Cryptopolitan
Thu, Jul 2
Solana Price Forecast: Bullish bets, ETF inflows drive SOL recovery
Solana (SOL) extends its recovery, trading above $78 on Thursday, having gained nearly 10% so far this week. The rebound is supported by strengthening derivatives metrics, modest institutional demand and improving technical momentum, all suggesting SOL could extend its gains in the near term.
Solana
Fxstreet
Thu, Jul 2
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