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Latest from Sam Reynolds
Levered Bullish Longs Getting Liquidated as Bitcoin Market Softens
CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions

Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.

Cathie Wood Says ARK Is ‘Taking Profits’ as It Sells $26M COIN
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.

A New Uniswap Feature Aims to Eliminate DeFi Pain Points
UniswapX claims to offer better prices by aggregating liquidity sources, with gas-free swaps and protection against "maximal extractable value" or MEV.

First Mover Asia: Bitcoin Hovers Near $30.3K After Expected Correction. Retail Investor Enthusiasm 'Likely to Increase': Analyst
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.

XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.

Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market
Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.

BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets.

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership
Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.
