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Empery Digital shares rise after selling Bitcoin treasury to fund AI data center project
The sales come months after a major Empery shareholder demanded the firm ditch its Bitcoin treasury strategy and force the resignation of its CEO and board. Read more
The UK has finally shown it’s serious about crypto
Several recent regulatory steps indicate the UK might finally stop dragging its feet when it comes to crypto, argues Wirex CEO Chet Shah. Read more
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets’ Christian Lopez. Read more
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress. Read more
Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward. Read more