Old-School Bitcoin Hard Fork Altcoin Pumps by 82% This Week Amid Support From New Wall Street-Backed Exchange

An old-school Bitcoin (BTC) hard fork altcoin is making headlines this week after a listing on a brand new crypto exchange sent the asset’s price soaring. Bitcoin Cash (BCH), which was spun off from Bitcoin in 2017, is up 41% in the past 24 hours and more than 62% in the past week. The 20th-ranked crypto asset by market cap is trading at $195.51 at time of writing. BCH was one of four crypto assets to receive support from the newly launched digital asset marketplace EDX Markets. The new exchange…

The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news

The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application, with both former applicants and new players seeking permission from the U.S. Securities and Exchange Commission (SEC) to list a crypto ETF. Although it’s unclear whether the SEC will finally allow a Bitcoin ETF, BlackRock’s initiative appears to have “breathed new life into the race” amid the ongoing crackdown on the crypto industry. Other headline news includes Wall Street titans backing a newly launched crypto exchange despite the…

Brazilian Central Bank Adds Local Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard

“We are pleased to be part of the consortium selected to join the Real Digital pilot in Brazil. Mastercard continues to engage in a series of partnerships to build trust and compliance in the digital assets ecosystem, while also solving real-world problems,” Walter Pimenta, executive vice president of Products and Engineering at Mastercard Latin America and the Caribbean, told CryptoX in a statement. Source AddsBankBitcoinBrazilianCBDCCentralExchangeIncludingLocalMastercardMercadoPilot CryptoX Portal

Three Arrows Founders Kyle Davies and Su Zhu’s Exchange Sues Mike Dudas for Defamation

“Along with my colleagues at Brown Rudnick, we are proud to represent Mike Dudas in defense of this lawsuit filed by 3 Arrows Capital’s ‘ecosystem partner’ OPNX,” crypto attorney Stephen Palley told CoinDesk. “In order to prove defamation you have to show, among other things, reputational damage. We look forward to seeing how the plaintiff plans to prove that in this case.” Source

Tron Founder Justin Sun Withdraws $30M of Staked ETH from Lido Finance, Sends Tokens to Huobi Exchange

Crypto markets, led by bitcoin (BTC), rallied through the week as investors cheered the news that a slew of traditional financial institutions took steps to get more involved with digital assets. BlackRock, the world’s largest asset manager, filed to register a much-coveted spot BTC exchange-traded fund (ETF) last Thursday. This week, banking giant Deutsche Bank applied for a crypto custody license in Germany, while new crypto exchange EDX Markets, backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, launched its trading platform. CryptoX Portal

Bitcoin Equities ETF Makes Debut on Euronext Stock Exchange

The addition of a Bitcoin equities exchange-traded fund product to the Euronext Amsterdam stock exchange is fantastic news for Dutch investors. The highly anticipated Bitcoin Equities Exchange-Traded Fund (ETF) product has made its debut on the Euronext Amsterdam stock exchange. This groundbreaking move brings Bitcoin into the realm of traditional financial markets, offering investors a regulated and easily accessible way to gain exposure to the world’s leading token. Earlier today, the Euronext Amsterdam Stock Exchange welcomed the trading of the Bitcoin Equities ETF, BTC NA, offered by French investment firm…

Bitcoin Equities ETF hits Euronext Amsterdam stock exchange

The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem. BTC NA is designed to track the Melanion Bitcoin Exposure Index, which is a custom basket of European and American stocks that are closely tied to the market price of BTC. The ETF is compliant to the European Commission’s…

New Exchange on TradingView; HKEX in New York

ASIC Heavily Penalizes Securities Firm The Australian financial market regulator, ASIC, has imposed a monetary penalty of AU$333,000 on Morrison Securities Pty Ltd to comply with an infringement notice. The company has already paid the penalty brought by the regulator’s Markets Disciplinary Panel. Announced today (Thursday), the securities firm has violated a section of the ASIC Market Integrity Rules six times that mandate fair and orderly operations. The violations resulted in “significant price variations in the securities that were unreasonable in the circumstances and were not caused by ordinary market…

Binance accuses SEC of ‘misleading’ statements on exchange assets

Lawyers representing Binance.US, Binance Holdings Limited, and CEO Changpeng “CZ” Zhao have filed a motion alleging that the US Securities and Exchange Commission (SEC) misled the public with statements made in an ongoing securities lawsuit. In a recent filing in the US District Court for the District of Columbia, the legal teams for Binance, Binance.US, and CZ claimed that the SEC had made “misleading” statements in a press release on June 17. The motion calls for the SEC to adhere to “applicable rules of conduct.” The filing specifically referred to…

Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets

Lawyers representing United States-based crypto exchange Binance.US, global exchange Binance Holdings Limited and Binance CEO Changpeng “CZ” Zhao have filed a motion alleging the U.S. Securities and Exchange Commission (SEC) misled the public in statements issued over an ongoing securities lawsuit. In a June 21 filing in the U.S. District Court for the District of Columbia, the legal teams for Binance, Binance.US and CZ claimed the SEC had made “misleading” statements in a June 17 press release and filed a motion for the financial regulator to comply with “applicable rules…