Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said. Source: https://www.coindesk.com/markets/2024/07/02/bitcoin-traders-position-for-bullish-july-as-btc-etfs-record-124m-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank’s parent entity and its former executives on Monday. Source: https://www.coindesk.com/policy/2024/07/01/us-sec-sues-crypto-friend-silvergate-bank-alleging-misleading-statements-around-aml-program/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN. Source: https://www.coindesk.com/opinion/2024/07/01/depin-its-time-for-crypto-to-get-real/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA. Source: https://www.coindesk.com/business/2024/07/01/stablecoin-issuer-circle-snags-mica-compliant-emi-license-for-europe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market. Source: …

Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital. Source: https://www.coindesk.com/business/2024/07/01/crypto-custody-firm-anchorage-offers-investment-returns-through-deal-with-cumberland-backed-hashnote/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts. Source: https://www.coindesk.com/markets/2024/07/01/market-confidence-could-quickly-crumble-bis-warns-indebted-nations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The far-right party associated with Marine Le Pen led in the first round of France’s two-part election. Source: https://www.coindesk.com/policy/2024/07/01/marine-le-pens-far-right-national-rally-party-leads-in-first-round-of-french-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Japanese investment adviser said it acquired more than 20.2 BTC. Source: https://www.coindesk.com/business/2024/07/01/metaplanet-buys-another-12m-worth-of-bitcoin-as-investment-strategy-progresses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions. Source: https://www.coindesk.com/business/2024/07/01/abra-launches-treasury-service-for-corporates-that-want-to-hold-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines