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Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running.

The largest cryptocurrency by market cap tends to rally in the month of July, the report said.

Israel’s government has seized millions of dollars in cryptocurrency from accounts linked to the Iranian military and the Iran-backed Hezbollah militant group in Lebanon.

TUSD trades at a discount versus Tether as former FTX provider Armanino’s rebranded outlet The Network Firm’s association with TrueUSD raises alarm bells on Crypto Twitter.

Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX.

Some of the firm’s attorneys billed Voyager upwards of $150,000 for their work during the month.

Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.

ALSO: Singapore ranked second in CoinDesk’s Crypto Hubs survey. The city state raised billions through IPOs, weathered the collapse of homegrown darlings Terraform Labs and Three Arrows Capital and is now searching for the right regulatory balance to encourage crypto without getting burned again.

The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.

Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.