Bitcoin and Ether rise as the first cryptocurrency smartphone launches

An overview of the day's most fascinating articles on cryptocurrencies like Bitcoin, Ethereum, and Tether.

The majority of cryptocurrencies experienced early losses on July 10 as the market valuation of all cryptocurrencies fell by 0.16 percent to $951.56 billion over the previous day. However, over the past 24 hours, the entire volume of the crypto market fell by 38.16 percent to $53.22 billion. DeFi's 24-hour volume was $4.66 billion, or 8.16 percent, of the overall volume of the cryptocurrency market. The overall volume of stablecoins was $48.05 billion, or 90.29% of the 24-hour volume of the whole crypto market.

First cryptocurrency smartphone: Solana Saga [body] One of the major blockchains, Solana, has unveiled Saga, a flagship Android smartphone. A secure crypto wallet, a seed vault to store all of your private information, and other features will be available on Saga mobile. We cover all the information you need to know about the Saga in the video. Keep watching for a surprise at the conclusion!

The largest cryptocurrency exchange in the world, Binance, has been registered by the Bank of Spain as a virtual currency platform with policies in place to prevent money laundering and terrorism financing. The bank stated that registered providers must abide by laws pertaining to money laundering and terrorism financing, but added that it does not monitor the platforms' operational and financial risks, and that being listed in the registry does not imply that the central bank has given its approval to its operations.

According to Reuters, Binance, which boasts nearly 120 million users globally, tweeted on Friday that its registry in Spain will permit it to provide crypto asset exchange and custody in that nation while adhering to the norms of the central bank.