Bitcoin is down slightly at $48,547
Ethereum is down .5% at $3,504
and Cardano is down 1% at $2.40

Gala up 44%
Ecomi up 16%
Solana up 15%

Canaan announced a record quarterly revenue of $167M

Monica Rizzolli’s "Fragments of an Infinite Field" sold out in an hour for $5.3M

Australian national Stefan Qin was sentenced to 7.5 years for his part in a $90M Ponzi scheme.

Binance is moving away from its decentralized headquarters & faces a CFTC investigation into insider trading.

Links:

• Canaan nets record bitcoin miner sales with $167 million in Q2
• Generative artist nets $5.38 million in latest Art Blocks hit
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
• Binance battles regulatory headwinds as world’s largest cryptocurrency exchange seeks financial legitimacy | South China Morning Post
• Binance Probe by US Expands to Examine Possible Insider Trading - Bloomberg

Bitcoin is up .5% at $44,984
Ethereum is up 1% at $3,143
and Binance Coin is up .5% at $353

Arweave up 22%
Shiba Inu up 20%
Dogecoin up 18%

JPMorgan has launched an in-house bitcoin fund limited to private bank clients in partnership with NYDIG.

Christies will hold a first-ever sale of Meebits and Bored Ape Yacht Club NFTs.

Burberry released its first NFTs in Blankos Block Party

Stronghold mining is set to double their capacity with a second plant acquisition.

HIVE ordered 4k mining machines from Canaan

Links:

• JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients - CoinDesk
• No Time Like Present
• British Fashion Brand Burberry Releases First NFTs - CoinDesk
• Bitcoin miner Stronghold to double capacity via second plant acquisition
• Canaan Announces Customer Order of 4,000 Bitcoin Mining Machines | Canaan Inc.

Bitcoin is up slightly at $54,258
Ethereum is down 1% at $2740
and Binance Coin is down 1% at $603.56

Venus up 23%
Fantom up 17%
Waves up 15%

Intercontinental Exchange liquidated its 1.4% stake in Coinbase for $1.2B genrating $900M in net profit

Bitcoin mining company Genesis ordered $94M worth of miners from Canaan.

The alleged operator of the crypto mixer Bitcoin Fog was arrested on money laundering charges.

Beijing will begin to watch cryptocurrency mining operations to assess their impact on energy consumption.

Links:

• Earnings Supplement for BAKKT/NYSE Parent
• Bitcoin mining firm Genesis orders $94 million worth of machines from Canaan
• Affidavit for Bitcoin Fog operator arrest
• China's capital probes cryptocurrency mining -sources | Reuters

Bitcoin is down slightly at 9,129
Ethereum is up slightly at $206
and XRP is up slightly at 20 cents

Top gainers in the last 24 hours:
Theta token up 19%
Electroneum up 18%
and Digibyte up 16%

The Litecoin foundation and Atari have formed a new partnernership.

Iranian president Hassan Rouhani has calls on the government for a renewed national approach to crypto.

Canaan reported a net loss of $5.6 million for the first quarter of 2020.

FTX(.)us went live at the end of this week.

Links:

• FTX.US goes live, CEO says the crypto exchange has 'tons of liquidity' to offer - The Block
• Iranian President Calls for National Crypto Mining Strategy - CoinDesk
• Litecoin and Atari team up in anticipation of the Atari Token's launch - The Block
• Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut - CoinDesk

Bitcoin is down 6% at 6,900
Ethereum is down 7% at $157
and XRP is down 6% at 19 cents

Top gainers in the last 24 hours:
Karatgold up 37%

Crypto market maker B2C2 has acquired an equity stake in the exchange LGO.

The bitcoin cash hash rate seems to be falling following the network's halving.

Nasdaq-listed bitcoin mining hardware maker Canaan lost $148.6M in 2019

Bitcoin halving that should take place next month has people talking.

Gemini announces support for first stablecoin: Dai.

Fold is gearing up to join the VISA fintech program and launch a VISA debit card

Links:

• Visa Teams With Startup Fold for Bitcoin Rewards on New Card - Bloomberg
• Bitcoin mining hardware maker Canaan lost $148.6M in 2019, according to new financials - The Block
• Crypto exchange Gemini is adding a stablecoin to its list of tradable assets - The Block
• Bitcoin Cash hash rate drops following block reward halving - The Block
• What crypto exchanges are saying about the upcoming bitcoin block reward halving - The Block
• Crypto market maker B2C2 acquires equity stake in bitcoin exchange LGO - The Block

Bitcoin is up slightly at 9,130
XRP is up 2% at 24 cents
and Ethereum is up 3% at $239

Top gainers in the last 24 hours:
Machine Exchange up 42%
Hendra Hashgraph up 32%
Bytecoin up 20%

India’s central bank is planning on filing a review petition on the Supreme Court’s crypto ruling.

Bitcoin mining equipment maker Canaan has been sued by one of its investors for violating the U.S. security laws

A New York power plant is reportedly mining roughly $50,000 in bitcoin each day

Arweave a blockchain startup has raised $8.3 million in new funding from Andreessen Horowitz, Union Square Ventures, and Coinbase Ventures.

Links:

• India's central bank plans to file a review petition on Supreme Court's crypto ruling - report - The Block
• Bitcoin mining hardware maker Canaan hit with securities lawsuit in U.S. court - The Block
• A power plant in New York is reportedly mining roughly $50,000 in bitcoin each day - The Block
• Blockchain startup Arweave secures $8.3M from Andreessen Horowitz, Union Square Ventures, and Coinbase Ventures - The Block