16 Jul 2024
Thailand to launch $12.4 billion digital cash scheme to boost local economy
Thailand is set to roll out a $12.4 billion digital cash handout program aimed at stimulating its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the “Digital Wallet,” starting August 1. Read more
Several US crypto stocks climb amid Bitcoin ‘Trump pump’
US crypto stocks started the week on a high note after Bitcoin reversed weeks of negative performance by trading near $63,000. This boost followed a strong weekend for the top crypto asset, driven by news of an assassination attempt on pro-Bitcoin candidate former President Trump. Read more
SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources
Prospective issuers of a spot ethereum exchange-traded fund (ETF) were told by the SEC that the funds can begin trading next Tuesday. Read more
A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange
The ongoing regulatory clampdown on crypto trading has extended beyond Binance to another large exchange, reflecting increased scrutiny by financial regulators. Read more
BlackRock Assets Under Management Rise Through $10T
Asset management giant BlackRock has seen its assets under management rise past $10 trillion, bolstered by strong inflows into its ETF products. Read more
Ether could outperform Bitcoin after spot ETF launch: Kaiko
The anticipated launch of Ethereum ETFs could see Ether outperform Bitcoin, according to market analysts. Read more
Crypto stocks surge alongside Bitcoin price rally
Crypto stocks saw strong performance, largely attributed to growing bets on Donald Trump winning the presidential election, driving Bitcoin prices higher. Read more
Consumers find more use cases onchain, devs face challenges: Solana Foundation
Decentralized finance is expanding with more use cases for consumers, though developers face regulatory and market challenges, according to the Solana Foundation. Read more
BTC price demands $63K flip as BlackRock CEO calls Bitcoin ‘legitimate’
Bitcoin prices hold steady as BlackRock CEO Larry Fink reaffirms Bitcoin's legitimacy as a financial instrument. Read more
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