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Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Bitcoin Miners Face ‘Capitulation’ as Profits Diminish Amid BTC Sell-Off

July 6, 2024 Gonzalo

Bitcoin miners approach capitulation as profits diminish and BTC sell-off continues, hitting hashrate lows akin to post-FTX collapse conditions.

EBA to Extend EU Travel Rule to Crypto Exchanges Starting December

July 5, 2024 Gonzalo

The European Banking Authority expands the EU Travel Rule to include crypto exchanges, enhancing AML measures. Compliance begins December 30.

Illustration showing a sharp Bitcoin drawdown scenario tied to large unrealized losses.

German Lawmaker Calls Government’s Recent Mass Bitcoin Sell-Off “Not Sensible”

July 5, 2024 Gonzalo

Joana Cotar criticizes Germany’s mass Bitcoin sell-off, urging the government to hold BTC as a strategic reserve and develop a comprehensive Bitcoin strategy.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Crypto Scammers Stole Nearly $60M from 20 Victims in H1 2024

July 5, 2024 Gonzalo

Crypto scammers stole nearly $60M from 20 victims in H1 2024, contributing to a total of $314M in phishing-related losses, reports Scam Sniffer.

Illustration depicting Australian crypto exchanges addressing users, with themes of stability, trust, and market reassurance.

New Zealand Cracks Down on Crypto Investors Avoiding Tax Disclosures

July 4, 2024 Gonzalo

New Zealand’s tax authority targets crypto traders avoiding tax disclosures. The IRD has identified 227,000 users involved in NZ $7.8b transactions.

Sleeping Bitcoin Whale Wakes Up with $6.9M Transfer

July 4, 2024 Gonzalo

A dormant Bitcoin whale awakens, transferring $6.9M after 12 years of inactivity. This move adds intrigue to the market amid a crypto downturn.

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

July 4, 2024 Gonzalo

The Basel Committee on Banking Supervision has approved a framework for banks to disclose their crypto exposure starting 2026, enhancing market discipline.

Stablecoin-focused crypto illustration showing digital dollar symbols and blockchain network, representing expectations of a stablecoin supercycle.

Bitget Sees India as High-Priority Market, Mulls Expansion

July 3, 2024 Gonzalo

Bitget considers India a high-priority market and is engaging with local regulators for licensing, aiming to serve India’s rapidly growing crypto user base.

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

US Judge Approves Expedited Schedule for Consensys Suit Against SEC

July 2, 2024 Gonzalo

A US judge has granted an expedited schedule for Consensys’ lawsuit against the SEC, with key dates set and a potential ruling by December.

Real-world asset tokenization illustration showing digital assets connected to global markets, representing the tokenization of traditional financial assets on blockchain.

Grant Cardone Lists $42M Property on Propy

July 2, 2024 Gonzalo

Grant Cardone lists his $42 million Golden Beach property on Propy, embracing blockchain technology for secure, transparent real estate transactions.