JUL 10 - JUL 16
Market Updates
- The global cryptocurrency market has reached a total market capitalization of CAD $1.61 Trillion.
- Bitcoin continues to lead the market with a dominance of 48.5%, followed by Ethereum at 19.1%.
Crypto News
- On July 13, a US judge partially ruled that Ripple did not sell unregistered securities. CoinDesk
- Russia’s State Duma – the lower chamber of the local parliament – passed the digital ruble bill. CryptoPotato
- Celsius Network's Alex Mashinsky has been arrested as the SEC, CFTC, and FTC sue bankrupt crypto lender. CoinDesk
- Silk Road-Linked Bitcoin worth $300M has been moved by the U.S. government, according to on-chain data. CoinDesk
- Europe's first spot Bitcoin ETF is eyeing a 2023 debut after a year-long delay. CoinTelegraph
- Polygon has proposed upgrading MATIC tokens to become POL. The Block
- Ethereum activity is on the rise as on-chain metrics print fresh highs. Blockworks
- The SEC has acknowledged ETF applications from Fidelity, VanEck, WisdomTree, and Invesco Spot. Cryptonews
- The Australian Securities Exchange has received its first spot Bitcoin ETF application. Blockworks
- Financial records reveal that presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin. CoinTelegraph
Market Moves
- XRP is currently the top trading pair on NDAX, followed Bitcoin, Ethereum, Dogecoin, Compound, Stellar and Cardano.
- Over the past 7 days, the value of Bitcoin (BTC) has increased by 0.06% and is currently being traded at $39,968. Ethereum (ETH) is up 3.57% during the same period and is now being traded at $2,544.
Upcoming Events
- Jul 7 – US Jobs Cooled in June according to WSJ & NYT, Equities Rally
Five Takeaways From the June Jobs Report – The Hill - Jul 12 – CPI June: “Inflation Cooled to 3%”
US Inflation Hits Two-Year Low, Giving Hope for End to Fed Hikes - Bloomberg - Jul 26 – FOMC/ Fed Interest Rate Decision
- Aug 13 – Deadline for SEC Response to Ark 21Shares ETF
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