Final signoff on spot Ether ETFs expected imminently, listings next week — source
Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12. Go to Source
Cryptocurrencies
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SEC drops investigation of Bitcoin Stacks developer Hiro — filing
This is the second crypto investigation the U.S. securities regulator dropped this week. Go to Source
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York. Go to Source
Crypto holders predicted to triple by 2026, says Lunu CEO
The current 560 million crypto holders could see a three-fold increase during the next two years, but user experience remains the biggest challenge. Go to Source
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level. Go to Source
House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto. Go to Source
Binance finalizes sale of majority stake in Gopax — Report
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources. Go to Source
CFTC Chair reiterates BTC and ETH are commodities in testimony
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors. Go to Source
US lawmakers meet with crypto advocates in DC roundtable
Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US President was considering changing his position on crypto. Go to Source
Study: Gen Z Prefers Digital Assets in Uncertain Times; Gold Remains Popular
While investors generally prefer physical assets to digital ones, the findings of a new study indicate an overwhelming majority of Gen Zers are “more likely than other generations” to trust digital assets in uncertain times. The survey also found that 89% of gold investors consider it a long-term investment with nearly half of the respondents … Read more
