POKKET: Crypto Market Update (July 10)
Bitcoin is +4% to $34k, ETH is up 3% to $2150. Movers are AXS +40%, SNX +25%, MITH +24%, SAND +21%, ALICE +19%, and rest follow behind with no standouts on the downside.
The SEC is now targeting Long Blockchain Iced Tea company for insider trading as evidence shows a few have illegally profited from the pivot of the iced tea company to blockchain.
Crypto.com is the first exchange to be approved to offer bank transfers in Malta.
A Block.One subsidiary, Bullish, is going public through a $9B SPAC merger. This follows news of Circle also going public through a SPAC deal.
DOGE spiked +10% after space Karen announced his plan to make it superior to Bitcoin, and criticizing BTC & ETH on their scaling efforts. Meanwhile, Steve Wozniak, a real engineer, is a big believer in Bitcoin and recently said it is a ‘mathematical miracle’.
Lastly, TikTok is going to start banning crypto influencers on its platform as the China purge of crypto continues.
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