🔔 Galaxy Digital’s head of asset management believes spot Ether ETFs will be approved in “weeks” rather than days but agrees the decision will come sometime in July.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 ​​Solana-based restaking network Solayer closed funding round from Sandeep Nailwal, DCF God, Justin Bram, Anatoly Yakovenko, Nom, Joe Lallouz, Xinshu Dong, WSB Mod, 0xRooter, Joseph Delong. Amount raised is not disclosed.

👉 https://x.com/solayer_labs/status/1807797264934678588?t=AxzfVWoFD_a2DE4VC2l5zQ&s=19

🔔 BitMEX Introduces Memecoin Basket Index Tracking Top 10 Memecoins

➡️ BitMEX has launched the MEMEMEXTUSDT Basket Index Perpetual Swap Contract, offering traders exposure to the top 10 memecoins with up to 25x leverage. This contract simplifies trading by combining multiple memecoins into one instrument, similar to the S&P 500, and is rebalanced monthly for optimal performance.

👉
https://x.com/BitMEX/status/1808712735213171029

🔔 SEC Seeks Dismissal of Retailer's Crypto Lawsuit Over 'Phantom' Policy

➡️ The SEC has asked a judge to dismiss a lawsuit from Beba and the DeFi Education Fund, which seeks to confirm that Beba's token airdrop is not a security. The SEC argues the suit is premature and based on a non-existent policy, as Beba and DEF failed to cite any official SEC rule or action.

👉
https://cointelegraph.com/news/sec-claims-preemptive-airdrop-suit-used-phantom-crypto-policy

🔔 Consensys, the Ethereum-focused software developer and builder of the MetaMask wallet, has bought cryptocurrency security firm Wallet Guard.

👉 https://consensys.io/blog/consensys-acquires-wallet-guard-to-enhance-metamask-security

🔔 Attorney Fred Rispoli, a Ripple (XRP) advocate, predicts that the SEC versus Ripple case could end on July 31 or July 13.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Justin Sun Proposes $2 Billion Bitcoin Purchase from Germany to 'Minimize' Market Impact

➡️ Tron founder Justin Sun has offered to buy $2.3 billion in seized Bitcoin from the German government off-market to prevent further market disruption. Recent transfers by Germany caused Bitcoin's price to drop to $56,892.53.

👉
https://x.com/justinsuntron/status/1808828661401072092

🔔 German MP Urges Government to Cease Bitcoin Sales

➡️ Joana Cotar, an independent Bundestag member, urged the German government to stop its Bitcoin sales, calling them "counterproductive." She invited officials to a lecture with Bitcoin evangelist Samson Mow on Oct. 17.

👉
https://x.com/JoanaCotar/status/1808888782738911614

🔔 JUST IN: Mt. Gox Trustee Started Repayment to Creditors

➡️ On July 5, 2024, the Mt. Gox Trustee started repaying creditors in Bitcoin and Bitcoin Cash via designated exchanges. Further repayments will follow after completing account validations and discussions with exchanges. Creditors are asked to be patient.

👉
https://www.mtgox.com/img/pdf/20240705_announcement_en.pdf

🔔 EGLD Available to 13M+ SafePal Users

➡️ EGLD is now integrated into SafePal, the crypto wallet suite used by over 13 million people worldwide, giving them direct access to the MultiversX economy via SafePal’s hardware and mobile wallets, with browser extension support soon to follow.

➡️ The new integration offers three layers of exchanging value using EGLD, via a cold storage solution that already secures over $20 billion worth of crypto. At the same time, the SafePal mobile app creates a new on-the-go interface for users to interact with the MultiversX ecosystem.

Read more: https://multiversx.com/blog/egld-safepal-integration

RT: https://x.com/MultiversX/status/1809150690347856182

🔔 JUST IN: Mt. Gox Trustee Started Repayment to Creditors

➡️ On July 5, 2024, the Mt. Gox Trustee started repaying creditors in Bitcoin and Bitcoin Cash via designated exchanges. Further repayments will follow after completing account validations and discussions with exchanges. Creditors are asked to be patient.

👉
https://www.mtgox.com/img/pdf/20240705_announcement_en.pdf

🔔 SBF's Family Tied to $100M FTX Scandal, Legal Troubles Loom !

➡️ Sam Bankman-Fried, founder of FTX, is involved in a $100 million scandal over misuse of company assets for political donations. The Wall Street Journal revealed that his family managed these funds, aiming to influence the 2022 election, with his father Joe Bankman directly involved in the operations. Legal proceedings are ongoing.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Multicoin Capital to Match Up to $1 Million in SOL for Crypto-Friendly Candidates

➡️ Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers through The Sentinel Action Fund, with contributions matched up to $1 million in SOL. The initiative, powered by Gemini, aims to back candidates like Senator Bill Hagerty, R-Tenn., who advocate for favorable crypto regulations.

👉
https://x.com/KyleSamani/status/1809238856010514472

🔔 3AC-Linked Wallet Buys NFT for $59K Due to Uncancelled Offer from 3 Years Ago

➡️ A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) bought the Neon Village NFT for 20 Ether (around $59,821) on July 5. The purchase resulted from an offer made three years ago that was never canceled. The SuperRare Bot X channel announced the sale, identifying the buyer as "abcdefg," prompting some NFT collectors to congratulate both parties.

👉
https://x.com/SuperRareBot/status/1809075031084802534

🔔 Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Bitfinex plans to refund investors of its El Salvador Hilton hotel project, pending a new offer from the debt issuer.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Taiwan Mobile, a key telecom player in Taiwan, now operates as the 26th licensed virtual asset service provider (VASP) after regulatory approval.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat

🔔 Analyst: Government Bitcoin Sales Only 4% of $225B Bull Market Inflows

➡️ Bitcoin traders should not be swayed by government BTC sell-offs, says CryptoQuant CEO Ki Young Ju. He noted that government Bitcoin sales, around $9 billion, are minimal compared to the $250 billion of inflows since the latest bull market began. "Don't let gov't selling FUD ruin your trades," Ki advised.

👉
https://x.com/ki_young_ju/status/1809293501084909592

🔔 Justin Sun Unveils Gas-Free Stablecoin Transfers on Tron, Coming to Ethereum and EVM by Q4

➡️ Justin Sun announced that his team is developing a solution for gas-free stablecoin transfers, with fees covered by the stablecoins themselves. This innovation will first launch on the Tron blockchain and later support Ethereum and all EVM-compatible networks. The service is expected to launch in Q4 of this year.

👉
https://x.com/justinsuntron/status/1809579898136326509

🔔 Bitcoin Mining Difficulty Falls to Lowest Point Since March

➡️ On July 5, Bitcoin mining difficulty decreased by over 5% to a quarterly low of 79.50 terahashes (79.5T). This is the largest reduction since March, when it briefly dipped below 80T. Difficulty had spiked to an all-time high of 88.10T between March and May before gradually settling to the current level.

👉
https://x.com/f2pool_official/status/1809155768874328456