Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.

Coinbase’s CBPL Fined $4.5M by UK Regulator for Money Laundering Lapses Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B Renewed expansion in stablecoins is bullish for the broader crypto market.

Crypto-Friendly Revolut Finally Earns UK Banking License Revolut has entered a “mobilization stage”, designed for new banks to operate with restrictions.

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation’s junior Home Minister Nityanand Rai said to parliament on Wednesday.

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.

CME’s Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME’s Giovanni Vicioso said.

Ether Down Over 7.5% as ETHE Outflows Ramp Up Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale’s converted Ethereum Trust ETF posted a net outflow of over $800 million.

Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.

Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push The company already runs nodes on multiple blockchain networks and is considering bitcoin mining plans, its web3 head revealed last month at a conference.

India to Release its Crypto Policy Stance By September After Stakeholder Consultations: Report India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch Solana’s SOL and Ripple’s XRP were notable outperformers.

Sygnum’s First-Half Spot Crypto Trading Doubles, Derivatives Increase 500% The surging trading volumes helped the bank reach profitability for the first time.

The Evolving Efficiency of Bitcoin Markets Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank.

Is Donald Trump Insulating Bitcoin’s Price From The Tech Stock Slide? With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis.

Bitcoin Rewards App Fold Eyes Nasdaq Listing Via $365M SPAC Deal

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday Customers of the defunct crypto exchange lost their funds in a 2014 hack.

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock’s BUIDL Success: Sources

The Protocol: Ethereum ETFs Aren’t Blockchain, but Buyers Ape In As Bitcoiners descend on Nashville for a big annual conference, we’re covering robust demand for new Ethereum spot exchange-traded funds (ETFs) and recapping the $230 million WazirX hack.

Dispersion Is Defining the Current Crypto Market The range of returns available across digital asset markets offers unique opportunities for investors, says Alex Botte, Partner at Hack VC, a crypto-native venture capital firm.