Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. Next week also promises to be full of events that may affect the overall market picture.
Review of the past week:
| July 01, 2024 | US Marshals Service picks Coinbase Prime to custody ‘Class 1’ digital assets. Coinbase Prime will implement storage and liquidation techniques in compliance with both DOJ and USMS policies. Read more |
| July 03, 2024 | Fidelity, Sygnum partner with Chainlink to bring NAV data onchain. The collaboration seeks to bring transparency and accessibility for net asset value data in tokenized assets. Read more |
| July 05, 2024 | Mt. Gox Begins BTC And BCH Repayments. The defunct crypto exchange starts repaying creditors in Bitcoin and Bitcoin Cash on July 5. Read more |
| July 05, 2024 | Crypto market sees $665 million in daily liquidations as bitcoin tanks below $55,000. The cryptocurrency market saw over $665 million liquidations as bitcoin faces heavy selling pressure. Read more |
| July 05, 2024 | F2Pool says only a few bitcoin ASICs remain profitable as price dropsOnly five mining ASICs currently remain profitable as bitcoin’s price slipped below $55,000 and hashprice dropped to all-time lows, according to F2Pool. Read more |
What’s coming up for us this week:
| July 09, 2024 | U.S. Fed Chair Powell Testifies. Federal Reserve Chair Jerome Powell is to testify on the economic outlook and recent monetary policy actions before the Joint Economic Committee, in Washington DC, at 03:00 P.M. UTC. Read more |
| July 10, 2024 | U.S. Fed Chair Powell Testifies. Federal Reserve Chair Jerome Powell is to testify on the economic outlook and recent monetary policy actions before the Joint Economic Committee, in Washington DC, at 02:00 P.M. UTC. Read more |
| July 11, 2024 | Next release of U.S. Consumer Price Index. June 2024 CPI data are scheduled to be released on July 11, 2024, at 12:30 P.M. UTC. Read more |
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Best regards,
FYBIT team
