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Business · New YorkGucci will start accepting payments in cryptocurrencies in some of its stores in America. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin, Ethereum and Litecoin. The service will be rolled out later this month at some of the brand's flagship outlets in Los Angeles and New York.See the Story
Gucci to Accept Crypto in Some US Retail Stores: Report
Coverage: 7 sources
Business Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement. The exchange noted that it's currently exploring "legal remedies" that are available with its advisors. Voyager disclosed that the firm has $137 million in cash and crypto as of June 24, 2022.See the Story
Crypto broker Voyager Digital issues default notice to Three Arrows Capital
62% Center coverage: 8 sources
SECUS Securities and Exchange Commission chair Gary Gensler is ratcheting up his criticism of digital-asset exchanges. He argues that some platforms are shirking rules and may be betting against their own customers. The SEC is also beefing up its enforcement efforts, he added.See the Story
Business Maverick: SEC’s Gensler says crypto exchanges trading against clients
Coverage: 4 sources
Latest News Stories
SECThe SEC Chair Gary Gensler is reportedly proposing a one-rule-book approach to regulating crypto asset trading. The rule book would safeguard investors against market manipulation, fraud and front running. The SEC is mandated to oversee assets that act as securities while the CFTC regulates commodities and derivatives markets.See the Story
Gensler appeals for ‘one rule book’ in negotiations with CFTC over crypto regulation By Cointelegraph
100% Center coverage: 1 sources
Goldman SachsGoldman Sachs is looking to put together an estimated $2 billion deal to buy assets from troubled crypto lender Celsius Network. The investment bank is approaching Web3 crypto funds, funds specializing in distressed assets, and traditional financial institutions to gauge interest. The assets, if acquired, would not be managed by Goldman Sachs, but by individuals involved in the fundraising process.See the Story
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
100% Left coverage: 1 sources
WhalesThe richest non-exchange Bitcoin whale currently holds a total of 130,227 BTC or 0.68% of the current supply. Between June 14th and June 18th, the whale purchased 1,698 BTC worth $36.62 million. It is the world's third-largest Bitcoin whale after Binance and Bitfinex crypto exchanges.See the Story
The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions
Crypto exchange FTX in talks to acquire stake in BlockFi
100% Right coverage: 1 sources
Analyst Who Nailed May 2021 Bitcoin Collapse Unveils Massive BTC Price Target – Here’s How Long Traders May Have To Wait
One Low-Cap Altcoin Skyrockets by More Than 140% in Just One Week As Crypto Markets Rebound
IPORipple Labs CEO calls out the U.S. Securities and Exchange Commission (SEC) for applying inconsistent policies to different players in the crypto space. Garlinghouse argues the SEC contradicted itself because, at that time, the leading US crypto exchange offered XRP, a digital asset the SEC has sued Ripple over.See the Story
Brad Garlinghouse criticizes the SEC for Coinbase IPO
Institutional Investors Exit Crypto Markets At Fastest Rate Ever Recorded: CoinShares
Stock MarketsClosely followed crypto analyst Justin Bennett says that both the stock and digital asset markets, including Bitcoin, are on the verge of another sell-off event. Bennett says he has his eye on the total market cap of all crypto assets (TOTAL), which he says looks ready to break through its diagonal support.See the Story
Bitcoin, Crypto & the Stock Market on the Verge of Collapse, Says, Analyst
SECRipple chief Brad Garlinghouse reportedly says that the firm will leave the country if the U.S. Securities and Exchange Commission (SEC) wins its lawsuit against them. The SEC filed a lawsuit against the firm in late 2020 for allegedly issuing XRP as an unregistered security. The CEO reportedly said that should the San Francisco-based company leave the US, it would more or less do what it's already been doing.See the Story
