The Inflow of Funds into Bearish Bitcoin Funds Has Declined
The influx of funds into crypto-based investment products amounted to $15 million from July 2-8.
Crypto Miners Stop Their Activity in Texas Due to Peak in Electricity Demand
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
Crypto Exchange OKX Becomes Manchester City’s Sponsor
OKX has just announced a sponsorship agreement with Premier League football club Manchester City for the 2022-2023 season.
Mike Novogratz: Bitcoin Will Not Fall to $13K
Mike Novogratz, CEO of Galaxy Digital, said in mid-June that Bitcoin should hold around $20,000.
Hackers Stole $670 Million in Digital Assets in Q2 2022
Between April and June, there were 50 hacks that caused crypto platforms to lose more than $670 million.
Bank of England Will Not Develop a Digital Pound Based Digital Yuan’s Model
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The Bank of England Warns Against Risks Associated to Digital Currencies
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
