🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

BNY to offer institutional crypto staking through Galaxy partnership

BNY to offer institutional crypto staking through Galaxy partnership

BNY and Galaxy have partnered to integrate institutional crypto staking into BNY’s digital asset custody platform, allowing eligible clients to earn staking rewards without moving assets out of custody.Under the arrangement, which was unveiled on Tuesday, institutional clients will be able to stake …

Texas electric grid moratorium won’t have big impact on BTC miners: Bernstein

Texas electric grid moratorium won’t have big impact on BTC miners: Bernstein

Bitcoin miners with operations in Texas are not expected to be impacted by a moratorium on approval of data center projects connected to the state’s grid operator ordered by Governor Greg Abbott, Bernstein analysts said Tuesday.Abbott on Monday directed the Public Utility Commission of Texas and the…

Apple briefly removes Telegram from App Store, Gram rebounds

Apple briefly removes Telegram from App Store, Gram rebounds

Apple briefly removed Telegram from the App Store after its review found content that violated its policies on child sexual abuse material, according to Bloomberg.The messaging app was later restored after Telegram removed the content and banned the user who posted it, Apple said.The Telegram-linked…

Former FBI supervisor admits guilt in $1M crypto theft

Former FBI supervisor admits guilt in $1M crypto theft

Former FBI supervisory agent Patrick Steven Yaroch was charged with using internal systems to obtain credentials for cryptocurrency wallets linked to an adversarial country, which he used to transfer funds to his own crypto wallets.Yaroch admitted to 10 unauthorized transfers between late 2024 and e…

Jim Cramer plans to sell his Bitcoin over quantum fears as BTC rises 1.6%

Jim Cramer plans to sell his Bitcoin over quantum fears as BTC rises 1.6%

Former hedge fund manager and CNBC “Mad Money” host Jim Cramer said he plans to sell all his Bitcoin due to quantum computing fears.“I’m going to sell mine [Bitcoin],” said Cramer during a Friday episode, citing quantum computing concerns that IBM chairman and CEO Arvind Krishna had raised on his sh…

Apple briefly removes Telegram from App Store, Gram rebounds

Apple briefly removes Telegram from App Store, Gram rebounds

Apple briefly removed Telegram from the App Store after its review found content that violated its policies on child sexual abuse material, according to Bloomberg.The messaging app was later restored after Telegram removed the content and banned the user who posted it, Apple said.The Telegram-linked…

Hashdex to shut smallest Bitcoin ETF after more than two years

Hashdex to shut smallest Bitcoin ETF after more than two years

Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, distributing the cash to all remaining shareholders and selling the fund’s roughly 225 BTC holdings.In a filing on Monday, the fund issuer said the decision was made after evaluating factors including tr…

Bitcoin may find bear market bottom in August: 10x Research

Bitcoin may find bear market bottom in August: 10x Research

Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research.Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to confirm a technical bottom.A monthly cl…

Ripple invests in Zilo and Licuido to assist tokenized capital markets push

Ripple invests in Zilo and Licuido to assist tokenized capital markets push

Ripple announced two new strategic investments as the blockchain-focused fintech seeks to expand access to tokenized financial assets on its blockchain ledger.The company said it made strategic investments in Zilo, which provides global transfer agency asset solutions for wealth managers, and in Lic…

Crypto treasury firm ZeroStack warns of survival risk amid $82.5M loss

Crypto treasury firm ZeroStack warns of survival risk amid $82.5M loss

Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier.In a Form 10-Q filed with the US Securities and Exchange Commission (SEC) on Friday, ZeroStack reported …

Suspected 4th Coldcard attack wave sweeps 448 Bitcoin: Galaxy’s Thorn

Suspected 4th Coldcard attack wave sweeps 448 Bitcoin: Galaxy’s Thorn

Update (Aug. 3 at 4:19 am UTC): This article has been updated with the latest estimated number of affected addresses and Bitcoin from Galaxy’s Alex Thorn.Coldcard users are being warned of a new wave of coordinated thefts targeting their Bitcoin hardware wallets, coming just days after the first wav…

Minnesota crypto ATM ban goes into effect after reported $1M losses

Minnesota crypto ATM ban goes into effect after reported $1M losses

A Minnesota law prohibiting virtual currency kiosks in the US state took effect on Saturday following the signing of a bill by Governor Tim Walz in May.According to the law, SF 3868, which Walz signed on May 5, all crypto ATM operators in Minnesota are prohibited from “installing, operating, maintai…