cryptobriefing
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Ethereum is the worst performing crypto in net flows this year
Key Takeaways Ethereum recorded its largest outflows since August 2022, totaling $61 million. Positive shifts in Bitcoin and multi-asset ETPs…
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MiCA’s stablecoin regime takes effect amid uncertainty
Key Takeaways MiCA’s phased implementation starts with strict regulations for stablecoin issuances and services. Licensing complexities and issuance limits pose…
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‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin
Key Takeaways Metaplanet’s recent Bitcoin purchase increases its total holdings to 161.27 BTC. The company adopts Bitcoin as a reserve…
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Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme
Key Takeaways Keith Gill is accused of manipulating GameStop’s stock through social media. The lawsuit claims Gill’s actions led to…
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Sony Group acquires Amber Japan, officially steps into crypto exchange arena
Key Takeaways Sony Group has officially entered the crypto exchange market by acquiring Amber Japan. Amber Japan was involved in…
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SEC loses bid to classify BNB secondary sales as securities
Key Takeaways The court found that the SEC’s reliance on the argument that BNB tokens represent investment contracts throughout their…
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Optimism to unlock $56 million in tokens today, OP slides 2%
Key Takeaways Optimism will unlock over 31 million OP tokens in the next few hours. The previous unlock caused a…
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Supreme Court overturns Chevron deference, reshaping crypto policy
Photo by Brad Weaver on Unsplash. Key Takeaways The Supreme Court’s overturn of Chevron limits the SEC’s interpretive authority over…
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US economic data paints a positive landscape for Bitcoin, experts say
Key Takeaways Slowing GDP growth could increase interest in Bitcoin as an alternative investment. Economic indicators like job claims and…
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Ethereum resurgence and layer-2 boom define crypto Q2: IntoTheBlock
Key Takeaways Bitcoin’s price declined following its fourth halving, despite reduced issuance. Ethereum’s price rose following SEC’s approval of spot…
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