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Russia’s recent designation as a “high-income country” by the World Bank has sparked discussions about the role of Bitcoin (BTC) in this achievement.

Ben Laidler, Bradesco BBI’s head of equity strategy, believes the bull market is in its early stages, driven by an anticipated earnings recovery and potential Fed rate cuts.

Steve Kurtz, head of asset management at Galaxy Digital, expects the US Securities and Exchange Commission (SEC) to approve the spot Ethereum ETF within “weeks” rather than days, though he agrees , that the decision will probably be made in July. В interview on Bloomberg TV on July 2, Kurtz commented: We’ve been through this process before. […]

Token burning is not such a rare practice, and often some crypto projects, such as Shiba Inu, resort to this strategy to reduce supply and drive price growth by creating scarcity.

Tether, the issuer of USDT, has introduced a new option for Filipino citizens to pay their social security contributions with cryptocurrency.

According to Atlanta Fed President Rafael Bostic, US inflation “appears to be shrinking”, which could allow the Federal Reserve (Fed) to cut interest rates later this year.

Revolut is aiming to become Europe’s most expensive startup at $40 billion, according to the Financial Times.

Expectations for the launch of the Ethereum ETF are mixed among analysts, with some sharing their uncertainty.

Bitcoin spot ETFs saw strong outflows, and this trend continued for another week.