Global #Cryptocurrencies

Capula, a UK-based hedge fund managing over $30 billion in assets, has made significant moves in the cryptocurrency space by acquiring shares in two major Bitcoin ETFs: the Fidelity Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT).

In recent years, the landscape of digital asset management has witnessed a profound transformation, largely driven by the emergence of decentralized finance (DeFi) solutions. Among these innovative developments, decentralized marketplaces have emerged as a disruptive force, fundamentally altering the dynamics of buying and selling goods and services online.

Bitcoin’s price dropped by 1.4% to $63,721 on Thursday, marking its first decline below $65,000 in a week. This decrease follows the US Federal Reserve's decision to maintain interest rates and concerns over escalating tensions in the Middle East.

The Wisconsin Department of Financial Institutions (DFI) has launched an innovative tool to combat investment scams, particularly in the realm of cryptocurrencies, aiming to protect consumers from financial fraud.

Hong Kong, renowned as Asia's most vibrant financial hub, stands out with its unique status within China, enjoying a degree of autonomy in policy-making owing to its colonial history under the British Empire.

TRON founder Justin Sun has issued a direct appeal to the Chinese government to reconsider its stance on Bitcoin and cryptocurrencies.

A lesser-known cryptocurrency has experienced a meteoric rise this week, gaining over 27% in value. The catalyst for this surge? A newly announced involvement in a Central Bank Digital Currency (CBDC) project.

India is gearing up to solidify its stance on cryptocurrencies with the release of a comprehensive policy framework by September. According to Senior Finance Ministry Official Ajay Seth, the government is currently in the process of consulting with relevant stakeholders to shape the regulatory landscape for the burgeoning digital asset industry.

A wave of celebrity-endorsed cryptocurrencies that swept the market in June has experienced a dramatic downturn. Coins associated with high-profile figures from various industries plummeted in value, leaving investors reeling.

European Ferrari enthusiasts with a penchant for cryptocurrency can rejoice! Following a successful launch in the US, Ferrari has announced it will now accept Bitcoin and other cryptocurrencies for car purchases across its European dealerships.

In the wake of recent US bank failures, Switzerland's renowned banking institutions are making a bold move into the cryptocurrency space.

Bitcoin (BTC), the leading cryptocurrency, has dipped to $64,000, marking a pullback in the broader crypto market. This decline comes after a period of relative stability, and it has investors watching closely.