Weekly Industry Update: July 17 - July 23

Here's your weekly recap of top industry news and insights:

1. Bitcoin dominated the market in Q2 with altcoins bleeding aside from #xrp pump (Cointelegraph)
2. Tesla says none of their $333,000,000 Bitcoin (#btc) was sold in Q2 2023 (Cryptometer)
3. Sam Bankman-Fried accused of paying his lawyers with $10 million in stolen customer funds, lawsuit claims (CNBC)
4. SEC says judge's ruling that XRP is not a security was wrong, hinting at appealing the Ripple rulings (Decrypt)
5. Sleeping Bitcoin wallet holding over 1,037 BTC (worth $31 million) active again after 11 years (Cointelegraph)
6. Presidential candidate Robert F. Kennedy Jr. plans to back the US dollar with Bitcoin if elected in 2024 (CoinDesk)
7. United Kingdom’s FCA proposes to include risk warnings on crypto ads to retail investors and a ban on investment incentives (Cointelegraph)
8. SEC accepted BlackRock, Fidelity & 6 other Spot Bitcoin ETF applicants to the Federal Register for review (WatcherGuru)
9. The launch of FedNow - instant-payments service by the Federal Reserve (CNBC)
10. Polygon announces the launch of POL Token to replace #matic as part of Polygon 2.0 upgrade (Decrypt)
11. Crypto survey ran by CryptoVantage finds 47% of investors are expecting Ethereum to surpass Bitcoin along with Fidelity Digital Assets releasing a Q3 report showing a positive outlook for #eth (Investing.com)
12. McDonald’s Hong Kong picked Sandbox for building its first #Web3 experience named McNuggets Land to celebrate 40th anniversary of Chicken McNuggets (Decrypt)
13. Twitter rebrands to X, Crypto community responds (Bitcoinist)
14. Most popular cryptocurrency transacted with last week on Swapin - #BTC for individual and #usdc for business customers
15. Country with most users signing up to use Swapin’s crypto-to-fiat #paymentsolutions last week was Netherlands

If you'd like to stay informed and keep up with the weekly?#cryptonews, subscribe to our newsletter?here?for more in-depth industry updates and insights upcoming!