Cryptocurrency traders in the United States returned from the July 4 holiday break to a historic Bitcoin price plunge of over 10%, in a drop that seemingly sparked a buying spree among spot Bitcoin exchange-traded fund (ETF) investors.
Tron founder Justin Sun unveiled plans to develop a stablecoin that can be transferred without transaction fees, with these fees being “entirely covered by the stablecoins themselves.”
The President of the Central Bank of the Republic of China (Taiwan), Yang Chin-long, has recently emphasized a focus on steady progress over speed in developing a central bank digital currency (CBDC).
Top stories in the Crypto Roundup today:
- Spot Bitcoin ETFs See Highest Inflows in a Month After Historic Price Drop
- Tron Founder Announces Fee-Free Stablecoin Set for Q4 Launch
- Taiwan's Central Bank Emphasizes Progress on CBDC Development