Crypto Market Sees Moderate Trading Amid Fund Launch, Layoffs, and New Options
The crypto market on July 30 saw moderate trading activity among top coins. Bitcoin hovered around $64,010, while Ethereum was priced at $1,902.
Gumi, a Japanese gaming company, is launching a cryptocurrency fund worth approximately $18.3 million in partnership with SBI Financial Services and Daiwa Securities Group.
Luno, a crypto exchange, underwent restructuring, resulting in the layoff of about 20% of its global employees. Binance launched options on gold and silver settled in USDT through a regulated platform in Abu Dhabi.