Bitcoin surged above $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,567 at 7:10 a.m. ET Monday, according to CoinDesk data, up nearly 12% in the last 24 hours. Bitcoin had earlier surged as much as 12% hit a 24-hour high of $39,544, the highest level since June 16.
Anthony Di Iorio, one of the few Ethereum founders has confirmed that he’s leaving the crypto world. Di Iorio says that he is leaving the crypto world, in part, because of safety reasons. While he failed to give specifics, he added that he doesn’t want to be a crypto guy, but be “a guy tackling complex problems.”