 meeting on Jul. 9. Bitcoin\'s surge led to the liquidation of the short-term short position of about $200 million in the futures market, contributing to the new report of Bitcoin. Bitcoin rose about 3% from the previous day to $112,055 at 4:55 a.m. 2. SBI Group \"Cr', 'https://img.blockstreet.co.kr/photo/2025/06/09/20250609000001_0640.png', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2025071008463441492'));){kind=link}
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Bitcoin surged on Jul. 10 and broke a new high when the U.S. Federal Reserve announced the possibility of a rate cut in July through the announcement of the minutes of the Federal Open Market Committee(FOMC) meeting on Jul. 9. Bitcoin's surge led to the liquidation of the short-term short position of about $200 million in the futures market, contributing to the new report of Bitcoin. Bitcoin rose about 3% from the previous day to $112,055 at 4:55 a.m.
2. SBI Group "Credit Card Points, Exchangeable for Major Cryptocurrencies"
Japan's largest financial group SBI Holdings announced in an official statement on Jul. 8 that it will offer Bitcoin(BTC), Ethereum(ETH) and XRP conversion with its credit card points. According to the explanation, SBI Group credit card users can convert some of their credit card points into cryptocurrencies worth about 2,000 yen.
3. Circle, USDC Shares in Brazil, Hong Kong Distribution
When Circle announced the distribution of the stablecoin USDC in Brazil and Hong Kong in an official statement on Jul. 9, Circle's stock price hit a record high of $210.
4. Ripple Picks BNY Mellon Bank To Keep RLUSD Reserves
Ripple said in an official statement on Jul. 9 that it has selected BNY Mellon Bank of New York as the reserve storage bank for stablecoin RLUSD.
권승원 기자 ksw@blockstreet.co.kr