BITPRISMIA
In July, the total market capitalization of cryptoassets reached a significant milestone, with Bitcoin prices surpassing $123K, and there was progress in federal legislation for stablecoins.
Bitcoin's price experienced a decline in late morning trading on Thursday, dropping 4.2% to $118.1K.
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The article discusses the rise of Ether (ETH) in the financial markets and its comparison to Bitcoin, while also including standard disclosure statements about the author's positions and relationships.
Bullish, a Peter Thiel-backed crypto exchange, experienced an 84% surge in its stock price on its first day of trading after raising $1.1B in an IPO with demand exceeding 20 times the offering amount.
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The U.S. Department of Labor rescinded a Biden-era statement that discouraged fiduciaries from including alternative assets in 401(k) retirement plans.
Empery Digital (formerly Volcon) is highlighted by The Value Lab, a long-only value investing group targeting a 4% portfolio yield, offering members real-time updates and investment insights.