Ethereum Investment Funds Saw Record Outflows of $50M Posted on 2021-07-02 by Patrick Net outflows from cryptocurrency funds totaled $44 million for the week ending June 25, marking the fourth consecutive week of redemptions. + News
Dogecoin Sees Uptick After Elon Musk Tweet Supporting Fee-Change Proposal Posted on 2021-07-02 by Patrick The Tesla founder tweeted in response to a proposal to reduce the fee. + News
Binance Pulls Out of Ontario Following Actions Against Other Crypto Exchanges Posted on 2021-07-02 by Patrick “Binance can no longer continue to service Ontario-based users,” the exchange said Friday. + News
Binance Isn’t Allowed to Be Operating in the UK, Watchdog Warns Posted on 2021-07-02 by Patrick On Friday, Japan’s financial regulator warned Binance is operating in that country without permission. + News
Japan’s Financial Services Regulator Issues Binance Warning Posted on 2021-07-02 by Patrick The Financial Services Agency said Binance isn’t registered to do business in the country. + News
USDC Stablecoin Could Soon Expand to 10 More Blockchains Posted on 2021-07-02 by Patrick The stablecoin with a market cap of $25 billion is currently on four networks. + News
CEO Brian Armstrong Flags Self-Custody, DeFi Access as Coinbase Priorities Posted on 2021-07-02 by Patrick He said the exchange will be adding assets more quickly and creating a crypto app store, among other steps. + News
Spain Considers Implementing a Digital Euro Posted on 2021-07-02 by Patrick The ruling party PSOE presented a non-law proposition in the Spanish Congress. + News
Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind Posted on 2021-07-02 by Patrick Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation. + News
Argo Blockchain Secures $20M Bitcoin-Backed Loan to Expand Texas Data Center Posted on 2021-07-02 by Patrick The loan agreement is for a six-month term and will be used to expand Argo’s West Texas data center. + News