Multichain ceases operations as CEO's sister is detained in China while holding $220 million of funds β link
Weekend BTC-USD volume in native units for Jan-Jun 2023 hit the lowest levels since 2012 β link
Digital asset investment products saw $137m of inflows last week. Following a few late updates to prior weekly data, inflows for the last 4 weeks now total $742m, representing the largest run of inflows since the final quarter of 2021 β link
From June 16th to July 16th, BTC ETPs saw monthly net inflows of 25,202 BTC - the second largest monthly net inflow in BTC ETPs, only surpassed by October 2021 (the launch of BITO and other futures-based ETFs in the U.S.) β link
Nasdaq halts plan for crypto custody service due to U.S. regulatory conditions β link
The crypto and blockchain sector saw $2.32bn invested in Q2 2023, marking a new cycle low and the lowest since Q4 2020, continuing a downtrend that began after a peak of $13bn in Q1 2022.
Crypto and blockchain startups raised less money across the last three quarters combined than they did in just Q2 of last year β link
Crypto and blockchain startups raised less money across the last three quarters combined than they did in just Q2 of last year β link
Binance is facing growing competition from offshore exchanges. Since the start of 2023, OKX (9%), Huobi (5%), and Bybit (8%) have all gained market share β link
House Republicans introduce crypto market structure law βthe Financial Innovation and Technology for the 21st Century Act β link
US couple accused of laundering crypto from Bitfinex hack reach plea deal β link
BTC's inverse correlation with the U.S. Dollar has significantly weakened in 2023, dropping from -61% to -10% β link