BTC is currently trading around $65,100 and ETH around $3,450. Notable gainers in the last 24 hours are WLD, AR, and INJ. The global crypto market cap is $2.51T, up 1.9% over the last day. DeFi Total Value Locked is ~$99b and BTC dominance is around 55%.
Notable news includes: The CFTC and FTX agreed to a $12.7b settlement pending court approval; Hong Kong’s public consultation on stablecoin legislation ended; the Enterprise Ethereum Alliance released Risk Assessment Guidelines to identify and mitigate DeFi protocol risks; the US spot Bitcoin ETFs saw over $1b of inflows over the last three trading days; Grayscale launched an AI-focused crypto fund; digital investment manager Arca partnered with Securitize to issues shares of the Arca US Treasury Fund onchain; Elwood Technologies announced the sale of its OTC trading business to Zodia Markets; decentralized predictions platform Polymarket set a monthly trading volume record through just two weeks of July; Deribit announced new BTC and ETH election expiry options that expire four days after the US elections; Donald Trump announced plans to release a fourth NFT collection; Uniswap Labs launched a wallet browser extension supporting 11 blockchains called Uniswap Extension; and, Worldcoin developer Tools for Humanity extended the unlock schedule for 80% of WLD tokens held by investors and team members.
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Author:
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
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