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Bitcoin
Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange
Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17, moving Underdog closer to controlling its own…
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Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector
Nigerian President Bola Tinubu has signed an executive order on virtual assets to address a fragmented regulatory landscape and protect citizens from fraud. Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive…
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$1.38 Billion in One Month: How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports
According to Econalitica, an economic consulting firm, Binance P2P volumes reached nearly 1.38 billion USDT between June 11 and July 13, a daily average of 44 million USDT. These numbers represent 75% of the national oil exports’…
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Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling
Bitcoin fell for a second straight day, dropping 1.4% to trade just under $63,600. It hit a session low of $62,732 early Friday, trimming its market cap and dragging the aggregate crypto market capitalization down 1.8% to $2.26 trillion.…
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Tether’s USDT Is Adding Over 30 Million Wallets Every Quarter, CEO Paolo Ardoino Says
Tether CEO Paolo Ardoino says USDT’s user base is growing by more than 30 million wallets per quarter, extending the stablecoin’s lead as its market capitalization hovers near record levels. Growth That Shows No Signs of Slowing…
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Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M
Crypto ETF demand split sharply on Thursday, July 16, as bitcoin products drew $79.15 million while ether funds lost $28.04 million. XRP and Solana ETFs also attracted fresh capital, while T. Rowe Price launched a multi-token fund with an…
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A16z-Linked Whale Dumps $28 Million in HYPE as Token Slides 10% in a Day
A whale wallet linked to venture firm Andreessen Horowitz (a16z) deposited 437,000 HYPE worth $28.38 million to exchanges over two days, as HYPE fell by nearly 11%. HYPE Faces Increasing Market Pressure The whale moved the tokens onto…
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Grant Cardone Stacks Another 10.5 Bitcoin From July Rent Cash Flow, Keeping Holdings Above 2,700 BTC
Real estate mogul Grant Cardone said Cardone Capital added another 10.5 BTC from July property cash flow, bringing his total keep somewhere around 2,700 BTC. A Growing Stack That Shows No Sign of Stopping Cardone disclosed the purchase…
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What Happens to Bitcoin ETF Investors if a Sponsor or Custodian Fails?
U.S.-listed bitcoin exchange-traded funds (ETFs) now hold an estimated 1.25 million bitcoin worth well over $100 billion, and few of the shareholders who own those funds have read the prospectus language that spells out what happens to that…
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Tether Backs Argentine Neobank Ualá With a $20 Million Strategic Investment
The investment was part of a large $197 million funding round that valued Ualá at $3.2 billion in March. No operational integration will follow this capital injection, as Ualá recognizes the regulatory hurdles to bringing these assets to…
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