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Crypto Biz: Gucci ‘apes’ into crypto

The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay. Meanwhile, Michael Saylor has a new job. Source: https://cointelegraph.com/rss Crypto Biz: Gucci ‘apes’ into crypto

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2 metrics signal the $1.1T crypto market cap resistance will hold

Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether’s premium in Asia and futures markets activity show buyers lacking confidence. Source: https://cointelegraph.com/rss 2 metrics signal the .1T crypto market cap resistance will hold

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Thai SEC approves four crypto firms despite Zipmex woes

Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals. Source: https://cointelegraph.com/rss Thai SEC approves four crypto firms despite Zipmex woes

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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. Source: https://cointelegraph.com/rss Jack Dorsey-led Block posts .5B in Q2 profits, BTC revenue down

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Voyager received better buyout offers than FTX’s, set to return $270M to customers

The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now. Source: https://cointelegraph.com/rss Voyager received better buyout offers than FTX’s, set to return 0M to customers