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🇺🇸 SEC looks to end Ethereum staking through MetaMask in new lawsuit The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensys’s MetaMask wallet services, specifically the Swaps and Staking features, which the SEC claims have been operating as unregistered broker services since October 2020 and January 2023, respectively. The SEC asserts that Consensys has collected over $250 million in fees from these activities without providing necessary investor protections. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin suffers 14% decline in Q2, marks first negative quarter since Q3 2023 As of June 28, the final trading day of the quarter, Bitcoin (BTC) has experienced a challenging period, with its value dropping approximately 9% in June. A substantial $6.6 billion worth of options for BTC are set to expire on June 28. BTC has struggled over the past three months, yet it has managed to consolidate above the $60,000 mark, dipping below this threshold only twice and briefly. This consolidation, with BTC correcting around 20% over the past two months twice, demonstrates notable resilience. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the final stages. Many of these firms launched spot Bitcoin ETFs in January after a decade-long struggle with regulators. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🏦 Coinbase sues SEC in ‘reverse UNO’ move on crypto transparency – reports Coinbase has taken a bold step in its ongoing struggle with financial regulators. As Fox Business reported, the company has filed lawsuits against both the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a Washington, DC district court, seeking access to internal documents related to crypto regulation. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🥇 Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue Bitcoin (BTC) miner Marathon Digital (MARA) is now a multi-coin crypto miner, after it started mining layer 1 protocol Kaspa (KAS) to diversify its mining revenue. Kaspa uses a proof-of-work (PoW) consensus mechanism called GHOSTDAG protocol, and unlike bitcoin, it allows multiple blocks to be produced simultaneously. This process helps make transactions faster and provides more block rewards for miners, according to a statement from Marathon. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Core Scientific to increase CoreWeave infrastructure access to 270 MW Bitcoin mining firm Core Scientific updated its agreement with AI hyperscaler CoreWeave to provide the latter with 270 megawatts (MW) of total infrastructure access, according to a June 25 press release. Core Scientific said that CoreWeave exercised its first option to contract for an additional 70 MW of infrastructure access, expanding the earlier 12-year agreement for 200 MW of high-performance computing (HPC) hosting contracts from June 3. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🥇 What happens to #Bitcoin when Michael Dell announces he's bought it, he's not ashamed of it and Dell Computers is going to buy more? All models get destroyed 🚀 🤝 @Cryptocurrency_Inside ✅ More News on X

🏦 Bybit surpasses Coinbase to become second largest crypto exchange by volume – Kaiko Bybit crypto exchange has surged to become the second-largest exchange by volume, surpassing Coinbase, according to data from Kaiko. Since October 2023, Bybit has doubled its market share from 8% to 16%, while Binance, although still the leader, has seen its share drop from 60% to 54%. Kaiko attributes an increase in market volume to the January launch of spot bitcoin ETFs, significantly boosting overall crypto trading volumes. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin’s supply in profit drops to 80% as post-halving effects take hold Bitcoin’s percentage supply in profit reflects dynamic market conditions. The first chart illustrates historical data from 2013 to 2024, showing periods where over 90% of the supply was in profit, particularly during 2017 and late 2020 to early 2021. This period correlated with significant price rallies, highlighting the cyclical nature of Bitcoin’s market. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin sees $630 million outflow as crypto ETP trading volume hits new low amid market’s ‘true correction’ The crypto market is undergoing a significant correction as investors withdrew $584 million from crypto-related investment products last week, according to CoinShares’ latest report. Additionally, global trading volumes for crypto ETPs hit their lowest levels since the US Securities and Exchange Commission approved the launch of several spot Bitcoin exchange-traded funds (ETFs) in January, totaling just $6.9 billion for the week. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews