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MARKETS

Inflation Sets News 40-Year High of 9.1%, Bitcoin Fights To Hold $19,000

Shawn Amick -
CPI inflation data reached a 40-year high of 9.1% in June with the largest price increases occurring in the energy sector, seeing fuel and oil rising almost 100%.
BUSINESS

Brazil’s Largest Payments App To Enable 65 Million Users To Buy Bitcoin

Bitcoin Magazine -
PicPay, the largest payments app in Brazil, is launching a cryptocurrency exchange where its 65 million users can learn about and buy bitcoin.
BUSINESS

Fifth Largest Swiss Bank To Enable Bitcoin Trading For Over 2 Million Customers

Shawn Amick -
The banking arm of the Swiss post office and fifth largest Swiss retail bank is set to launch bitcoin trading and custody services by 2024.
MARKETS

A New Physically Backed Bitcoin ETN Just Launched In Germany

Shawn Amick -
EQONEX Limited launched a physically backed bitcoin ETN for German investors which will allow free bitcoin redemption and low management fees.
MARKETS

142,000 Bitcoin Could Be Dumped As Creditors Eye Mt. Gox Repayment

Namcios -
The Mt. Gox rehabilitation trustee asked creditors to choose between bitcoin, cash or Bitcoin Cash to receive repayment, risking pressuring the market further.
BUSINESS

Robinhood Enables Bitcoin Transfers For All Users

Namcios -
The retail trading firm announced on Twitter it now lets all users transfer bitcoin and cryptocurrencies in and out of its platform.
BUSINESS

Baseball Club Perth Heat To Enhance Fan Experience With Lightning Network

Namcios -
The move marks a new fan-tailored approach by the club under a Bitcoin Standard as it seeks to capitalize on BTC and Lightning.
BUSINESS

Binance Removes Bitcoin Trading Fees In Fifth Anniversary

Namcios -
The world’s largest cryptocurrency exchange will squash spot bitcoin trading fees starting July 8 as it celebrates its fifth year of operation.
BUSINESS

OpenNode, Lemon Cash To Onboard 1 Million Argentines To Bitcoin Lightning Network

Shawn Amick -
The cryptocurrency exchange and digital wallet provider Lemon Cash is partnering with OpenNode to enable Bitcoin Lightning payments for its 1 million customers.
LEGAL

Grayscale Is Suing The SEC For Denying Its Spot Bitcoin ETF

Shawn Amick -
Grayscale Investments announced it will sue the U.S. SEC for denying its application to convert its fund into a spot bitcoin ETF.
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