From July to October, Mt. Gox creditors are set to receive 142,000 Bitcoins. Although the deadline for distribution is October, JPMorgan analysts believe most repayments will occur in July.
According to Reuters, discussions between asset managers and regulators are in their final stages.
The increased buying activity suggests that these large investors view the recent lows as an opportunity for further accumulation, despite widespread FUD in the market.
According to BitInfoCharts, the average gas fee on Ethereum dropped to $1.34 on 22 June, which is the lowest since 18 April, 2020.
The integration was first announced by Tether CEO, Paolo Ardoino, and Telegram CEO, Pavel Durov, during the TOKEN2049 event.
Ripple’s legal submission argued that the penalties sought by the SEC in its case are disproportionately high when compared to industry norms and the nature of the allegations against Ripple.
The $4.47 billion settlement consists of approximately $3.75 billion in disgorgement, over $460 million in prejudgment interest, and a $420 million civil penalty.
Managing $70 billion in assets, ProShares has quickly become a significant contender in the race to launch spot Ether ETFs.
While DEX volume has historically been lower than CEX volume, there has been a recent uptick in activity on platforms like Uniswap, Curve, and Pancakeswap.
PayPal has today announced the launch of PayPal USD (PYUSD) – a US dollar-denominated stablecoin built on Ethereum.
