Bitcoin price july 2 increased slightly, and the market recorded many coins increasing in price. BlockFi has just announced a partnership with FTX US, allowing the exchange to acquire BlockFi for $240 million.
Price bitcoinslightly increased today, and the market also increased at the same time.
Bitcoin price today recorded at 6:10 at 19,314.57 USD, up 1.9% compared to 24 hours ago.
In the market, up to 70 of the top 100 coins have increased in price compared to the previous 24 hours.
In which, the highest increase belongs to TerraClassicUSD, up 43.28% on the day.
Huobi Token for the highest drop with 9.57% devaluation.
In the top 10, up to 9/10 coins increased in price compared to 24 hours ago.
Ethereum is up 3.98% on the day, to $1,066.99.
USD Coin increased slightly by 0.01%, recorded at 0.9989 USD.
USD Coin is up 0.02% in the last 24 hours, reaching $1.00.
BNB rose to $217.19, 1.82% higher than 24 hours ago.
Binance USD is up 0.23% on the day, to $1.00.
Cardano is up 0.6 percent to $0.4495.
Ripple is down 3.09% from 24 hours ago, to $0.3137.
Solana increased slightly by 1.36%, reaching 32.95 USD.
Dogecoin is up 2.94% on the day, currently at $0.06604.
The total value of the cryptocurrency market recorded at 6:10 am at $871.38 billion, an increase of $15 billion compared to the previous 24 hours.
Trading volume increased slightly to 70.37 billion USD, 13.26% higher than on July 1st.
UK and US discuss central bank digital currencies and stablecoins
The UK and the US met this week to discuss digital currency regulation and price stability, ahead of a team meeting between the two countries later this month.
The UK-US Financial Innovation Partnership held its third meeting on June 29, to discuss “cryptocurrency management and market development,” according to the announcement.
The cooperation meeting also pointed to price-stable money and central bank digital currency. The group was set up in 2019 to promote cohesion between the US and the UK on “the issue of financial innovation”.
Participants in the June 29 meeting included staff from the Bank of England and the Financial Conduct Authority.
On the US side, participants include staff from major agencies such as the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission and the Securities and Exchange Commission (SEC), among many others. other member.
The UK-US Financial Management Cooperation Group is expected to hold a meeting at the end of July.
BlockFi cooperates with FTX US, including ‘call options’ with $240 million
FTX US has signed a partnership with BlockFi, allowing digital currency derivatives exchange FTX US to acquire the lending company.
In a statement on Twitter on July 1, BlockFi CEO Zac Prince said that the digital currency lending company has signed an agreement with FTX US for a loan limit of $ 400 million as well as the option to buy BlockFi “with a limit of $400 million.” Price changes up to $240 million based on performance.” According to the CEO, the deal meets BlockFi’s efforts to “increase liquidity and protect customer capital.”
The agreement is still a matter for shareholders to approve. Prince said volatility in the cryptocurrency market, “specifically, market events involving Celsius and 3AC,” has negatively affected BlockFi, leading to the decision. The lending platform lost about $80 million in the past week after Celsius stopped withdrawing, and after considering “many unattractive options” for recovery, decided to partner with FTX US.
“All of our products and services, including funding and withdrawals, our platforms, credit cards and global institutional services, will continue to operate as normal, with increased capital strength up the back,” according to Prince.
