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SEC sues Silvergate Bank for securities fraud in Federal Court

Silvergate settles charges with SEC over its crypto dealing, to pay $50M penalty — link | archive | sec

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German government moves additional $94 million worth of Bitcoin to exchanges — link | tl;dr

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Sony gets ready to launch crypto exchange in Japan with acquired Amber platform — link | tl;dr

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Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019 — link

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Coinbase sues SEC, FDIC over FOIA requests, says federal regulators trying to cut out crypto — link | tl;dr

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Since October, Bybit’s market share has surged from 8% to 16%, surpassing Coinbase in March to become the second-largest exchange after Binance — link

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Crypto firm Abra reaches settlement with US states for operating without licenses, will return up to $82M to US customers — link | coindesk | tl;dr

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EU crypto sector faces disruption from next week's MiCA rules targeting stablecoin activity: analyst — link | tl;dr

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Ethereum max pain price $3,100, $3.56 billion notional value, put/call ratio 0.58

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FTX customers to vote on multi billion dollar repayment plan — link | archive

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Digital asset investment products saw a second consecutive week of outflows totalling $584m, shaving off $1.2bn in total. We believe this is in reaction to the pessimism amongst investors for interest rate cuts by the FED this year — link

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Spot Ethereum ETF issuers post fee and seed investment disclosures in latest wave of amended filings — link | tl;dr

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Gemini's founders, the Winklevoss brothers, donated $2 million in Bitcoin to Trump — link

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Monthly stablecoin transfer volumes have ~10x'd over the past 4 years. From $100B to $1T+ per month — link

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Circle snags first stablecoin license under EU's new MiCA crypto rules — link | tl;dr

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Digital asset investment products saw a third consecutive week of outflows totalling $30m, with last week indicating a significant stemming of the outflows.

In contrast to prior weeks, most providers saw minor inflows, although this was offset by incumbent Grayscale seeing $153m outflows — link

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IRS finalizes controversial tax reporting rule for brokers, punts decision on DeFi — link | tl;dr

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SEC sues Consensys over MetaMask staking, broker allegations — link | tl;dr

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Coinbase and Stripe team up to expand global adoption of crypto — link

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South Korean crypto VC Hashed expands presence to Abu Dhabi: report — link | tl;dr

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U.S. regulators may approve spot Ethereum ETFs for trading by July 4 — link

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US Government sends 3,940 BTC (~$240M) to Coinbase a day after getting approval to sell by Judge — link

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This Friday 8 AM UTC, 108K $BTC are set to expire on Deribit with a notional value of $6.68 billion.

Max pain price $57,000, put/call ratio: 0.51

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Bitcoin payments app Strike launches in the UK following European rollout — link | tl;dr

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Mt Gox trustee says will start Bitcoin, Bitcoin cash repayments starting beginning of July 2024— link

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Standard Chartered is launching spot crypto trading desk for Bitcoin, Ether — link | archive

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The CFTC is probing Jump Crypto, previously one of the sector’s biggest players — link | tl;dr

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Bitflyer to acquire Japan unit of failed cryptocurrency exchange FTX

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