Bitcoin rose by more than 8% last week after the Fed kick-started its easing cycle with a surprise 50 basis points rate cut. The US SEC approved the listing and trading of options for BlackRock’s BTC ETF, and US Presidential candidate Kamala Harris stated that she would “encourage innovative technologies” such as digital assets.

Bitcoin closed the week higher amid rising hopes for a jumbo rate cut at this week’s Fed meeting. Meanwhile, Donald Trump announced the launch of a DeFi platform today. Grayscale revealed the creation of its first closed-end XRP trust in the US, and trading platform eToro reached a $1.5 million SEC settlement.

Bitcoin’s price whipsawed following a disappointing US jobs data on Friday. In other news, Uniswap Labs settled charges from the CFTC over allegedly illegal leveraged and margined commodity trading, VanEck announced it will liquidate its ETH futures ETF, and the Fed issued a cease-and-desist order against crypto-friendly United Texas Bank.

This week, we’re going to take a closer look at liquidity in the context of BTC’s supply overhang. Namely, we’ll examine what to watch as Mt. Gox redistributions continue and governments sell their BTC holdings.

Crypto markets whipsawed despite encouraging US inflation data last week. As of Q2’s end, Goldman Sachs and Morgan Stanley held significant positions in various Bitcoin ETFs, according to recent quarterly filings. Elsewhere, Binance settled its fine with India’s Financial Intelligence Unit, as it eyes a return to the Indian market.

Crypto markets are recovering from the recent sell-off. Meanwhile, the SEC vs. Ripple case ended with a $125 million fine. Collapsed lender Celsius is suing Tether for allegedly improper liquidation of 39,542 BTC. Brazil’s financial regulator approved a SOL spot ETF.

Bitcoin tumbled in tandem with equities on rising fears of a hard landing after weaker than expected US economic data. In other news, Morgan Stanley will allow its financial advisors to advise Bitcoin ETF investments starting this month.

Despite the strong debut of spot ETH ETFs, last week, ETH closed the week in the red.  BTC, on the other hand, rose after US Presidential candidate Donald Trump said he would create a Bitcoin stockpile if reelected. Senator Cynthia Lummis later announced a proposed bill for the US Treasury to buy 1 million BTC as a strategic reserve.

Welcome to the Deep Dive! This week, we take a closer look at the rapidly growing Turkish crypto market. We’ll focus on the exchange landscape and evolving crypto regulation in Turkey.

BTC surged above $67K following a massive global IT outage, Joe Biden ended his reelection bid on Sunday night, Indian exchange WazirX halted trading at it experienced a $230 million hack.

이번 주 리포트에서는 비트코인(BTC) ETF가 현물 BTC 시장 구조에 미친 영향을 분석하겠습니다. 특히 거래 활동과 유동성 측면에서 BTC ETF가 어떤 변화를 야기했는지 확인해 보겠습니다.

U.S. inflation cooled further in June, bolstering the case for a September rate cut. BTC traded above $62K in the early hours of Monday, up nearly 11% over the past seven days. The SEC dropped its investigation into Paxos and BUSD on Thursday, while a voteto overturn President Biden’s veto of the SEC’s SAB 121 failed to reach the required majority in the House.

Last week Bitcoin dropped below $54K for the first time since February as Mt Gox started repayments to creditors. In other news, stablecoin issuer Circle became MiCA-compliant and the German government has been selling BTC.

Last week, the US Securities and Exchange Commission sued Ethereum developer Consensys. The regulator alleges that MetaMask is an unregistered securities broker. Meanwhile, State Street is getting into crypto structured products. This week, we’ll be exploring:

This week we will take a closer look at BTC ETFs. What impact these structured products have had on spot BTC market structure, namely through trading activity and liquidity.

가상자산 업계는 잦은 해킹과 자금 관리 부실로 인해 안정성과 건전성 문제를 지속적으로 겪고 있으며, 이러한 부정적인 사건들로 인해 업계의 신뢰도가 크게 손상되고 있다. 따라서 거래소에 대한 지속적인 모니터링이 중요하며, 규정 준수 여부와 거래 활동 등을 정기적으로 관찰하고 분석하는 것이 필요하다. 특히 거래소의 유동성은 가장 중요한 지표로, 거래량뿐 아니라 시장 심도 등 다양한 요소들을 종합적으로 고려하여 분석해야 한다.