Crypto news today
Here are some of the top crypto news stories from today:
Bitcoin
- Bitcoin's price has surged above $12,000 for the first time since 2018, with some analysts predicting it could reach $15,000 by the end of the year. (Source: CNBC)
- The Bitcoin mining company, Bitmain, has announced that it will be launching a new mining pool called "Antpool" which will be open to all miners. (Source: Coindesk)
Ethereum
- Ethereum's co-founder, Vitalik Buterin, has announced that he will be stepping down as the project's leader, citing a desire to focus on other projects. (Source: The Block)
- The Ethereum-based decentralized finance (DeFi) platform, Compound, has announced that it has reached $1 billion in total value locked (TVL) on its platform. (Source: DeFi Pulse)
Regulation
- The US Securities and Exchange Commission (SEC) has announced that it will be holding a public hearing on July 29 to discuss the regulation of digital assets. (Source: SEC)
- The Japanese financial regulator, the Financial Services Agency (FSA), has announced that it will be issuing new guidelines for cryptocurrency exchanges in the country. (Source: Japan Times)
Other News
- The cryptocurrency exchange, Binance, has announced that it will be launching a new token called "Binance Coin" (BNB) which will be used to pay for fees on the platform. (Source: Binance)
- The decentralized lending platform, dYdX, has announced that it has raised $10 million in funding from investors including Andreessen Horowitz and Polychain Capital. (Source: The Block)
Market Update
- The global cryptocurrency market capitalization has reached a new all-time high of over $350 billion. (Source: CoinMarketCap)
- The top 10 cryptocurrencies by market capitalization are: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Stellar (XLM), EOS, Binance Coin (BNB), and Tron (TRX). (Source: CoinMarketCap)