Investor Chris Burniske Unveils ‘Conservative’ Solana Price Target, Says SOL ‘Virus’ Spreading Is Ahead
dailyhodl.com

Venture capitalist Chris Burniske believes Solana (SOL) can soar to a four-figure price this market cycle. The former head of crypto at ARK Invest tells his 296,900 followers on the social media platform X that a bull market price target of $1,000 for Solana could be “conservative.” Burniske’s massive price target for Solana comes as […]

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Bitcoin Leaves Exchanges in Droves as Daily New Addresses Increase
cryptopotato.com

Bitcoin (BTC) investors are moving their assets out of crypto exchanges at an increasing rate. An analysis from on-chain intelligence platform CryptoQuant revealed that over the past few days, exchanges have witnessed a rising outflow of BTC, even though the leading digital currency has been in a fluctuation area since February. While the outflows from […]

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Lightning Network In A Class Of Its Own At Bitcoin 2024 Conference
bitcoinmagazine.com

I was asked repeatedly throughout this year’s Bitcoin 2024 conference what my highlight of the moment was — what the signal was amongst the noise. As I returned from Nashville, it occurred to me that, each time, I could never answer the question satisfyingly. In part, because I simply couldn’t keep up. The activity around […]

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Trump’s Bitcoin sneakers are already on eBay for $2,500
cointelegraph.com

Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500.

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Tether Posts $5.2 Billion Profit in First Half of 2024
news.bitcoin.com

Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise in group equity. Tether Reveals Mid-Year Financials The largest stablecoin issuer […]

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Samson Mow Issues Bullish Bitcoin Call on Goldman Sachs Boss
u.today

JAN3 boss has reacted to Goldman Sachs CEO, saying that Bitcoin could be store of value

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Bitclout’s Founder ‘Illegally’ Raised $257 Million: Faces Fraud Charges
www.financemagnates.com

The US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) charged Nader Al-Naji, the founder of the crypto social media platform BitClout, with wire fraud and the sale of unregistered securities. He was arrested last Saturday and presented before a California judge on Monday. The Controversial BitClout Platform According to the announcement yesterday […]

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Russia passes law for <b>cryptocurrency</b> export payments. To start this year. CBDC in July 2025
www.google.com

Russia's State Duma has passed a law for an experimental regime allowing cryptocurrency for cross border trade payments.

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Over $900,000,000 in Altcoin Token Unlocks to Hit Crypto Markets in August: Report
dailyhodl.com

Nearly a billion dollars in token unlocks are set to hit crypto markets in August, according to the latest numbers. Citing data from TokenUnlocks, blockchain reporter Colin Wu reports that over $900 million in unlocks are ready to be released next month. Some of the largest unlocks include those from decentralized exchange (DEX) dYdX, layer-one […]

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Terra Blockchain Resumes Operations After $4 Million Heist
crypto-economy.com

TL;DR Security Breach and Emergency Patch: Terra faced a major security breach, resulting in the theft of over $4 million worth of tokens. The attack exploited a reentrancy vulnerability in the timeout callback of ibc-hooks. Stolen Assets: The attacker took assets including: USDC: Approximately $3.5 million. USDT: $500,000. Bitcoin (BTC): 2.7 BTC. Astroport’s ASTRO: Over 60 […]

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Ethena Labs Launches Reward-Earning USDe Collateral on Bybit
crypto-economy.com

TL;DR USDe Rewards on Bybit: Starting August 2nd, Ethena Labs and Bybit introduce a groundbreaking feature for crypto traders. Bybit users can earn rewards by holding or using USDe as collateral. Capital Efficiency and Fee-Free Trading: By integrating USDe, Bybit empowers users to earn passive income from their collateral. This feature enhances capital efficiency for […]

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BlockDAG CEO Interview | Celestia Price | TRON Milestone
nulltx.com

$64M Raised! BlockDAG CEO Antony Turner Reveals Shocking Future Plans Surpassing TRON Milestones & Celestia Price Growth TRON milestones have recently captured attention in the market, as daily transactions skyrocketed to a record 7.2 million. On the other hand, Celestia’s impressive price movements, surging 11.52% recently, underscore its potential.  However, the spotlight now shifts to […]

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Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash
www.newsbtc.com

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with […]

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Reports Say SEC May Intend to Back Down on Claiming SOL, ADA, MATIC are Securities
cryptonews.com.au

In a joint court filing with Binance, the SEC has sought leave to amend its complaint against the crypto exchange, removing the need for the court to rule on whether several leading crypto projects should be labelled securities. The response to the filing on X / Twitter has been mostly negative, with many highlighting the […]

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ZKX Token Plummets as Crypto.com-Backed DEX Shuts Down Amid Challenges
cryptopotato.com

The ZKX Protocol, a Crypto.com-backed decentralized exchange, has shut down due to economic challenges. Following the announcement, the ZKX token plunged by over 50% in the last 24 hours. ZKX Token Plummets Over 50% On July 30, co-founder Eduard Jubany Tur announced the discontinuation of the ZKX protocol. He expressed regret, stating that despite their […]

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Holding Bitcoin Has Been Profitable for 98.5% of Its Existence, Data Shows
bitcoinmagazine.com

According to Bitcoin Magazine Pro data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin trading began, holding BTC has been profitable for 5,020 days relative to the current price of ~$66,500 per BTC. Since August 17, 2010, when Bitcoin was priced at just […]

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Telegram launches in-app browser supporting decentralized websites
cointelegraph.com

The in-app browser is available on mobile and desktop, making Web3 “immediately” accessible to Telegram’s 950 million users.

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BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025
dailyhodl.com

BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025. Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar. Cohen, BlackRock’s chief investment officer of ETFs […]

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No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 
news.bitcoin.com

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching goal being to bring inflation down to the […]

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USDT Creator Gives Unexpected Bitcoin Definition
u.today

Discover why Bitcoin is being hailed as ultimate untamable force in finance, according to creator of USDT

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USDC-Issuer Circle Prepares for IPO, but Secondary Market Valuation Drops to $5B
www.financemagnates.com

The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited “three people with knowledge of the matter.” The reported figure is a massive drop from the $9 billion valuation the company sought […]

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Halogen Capital officially launches three world's first Shariah-compliant <b>cryptocurrency</b> funds
www.google.com

The three Shariah-compliant cryptocurrency funds are the Halogen Shariah Bitcoin Fund, Halogen Shariah Ethereum Fund, and Halogen Shariah Crypto …

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Render Continues To Flash Red In All Timeframes – What’s Going On?
www.newsbtc.com

Render investors and traders continue their sell-off, following the broader market’s bearish attitude. After weeks of continuous bullish action, CoinGecko data shows that the market is down a few percent, translating to losses in the altcoin market. Although the environment brought gains to a number of tokens, it dragged several tokens, like Render, to the […]

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Bitcoin ETFs See Massive $18.3M Outflow Amid Market Shake-Up
crypto-economy.com

TL;DR Bitcoin ETFs experienced an outflow of $18.3 million on July 30. BlackRock’s Ethereum ETF, ETHA, saw an inflow of $118.0 million, outperforming its Bitcoin counterpart. Total net inflows into BlackRock’s Bitcoin ETF, IBIT, surpassed $20 billion. On July 30, 2024, the exchange-traded funds (ETF) market showed a series of significant movements in relation to […]

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Tether’s Record $1.3 Billion Q2 Profit Puts It Among Top Treasury Holders Globally
crypto-economy.com

TL;DR Tether reports record net operating profit of $1.3 billion for Q2 2024, bringing the total to $5.2 billion in the first half of the year. Tether’s exposure to U.S. Treasury bonds hit an all-time high of $97.6 billion, ranking 18th globally in Treasury ownership. The Group’s consolidated net worth is $11.9 billion as of […]

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Unveiling BlockDAG’s Elite Team; A Closer Look at Dogecoin & Fetch.ai
nulltx.com

BlockDAG Team Reveal Comes into Play, Presale Reaches $63.9M; Are Fetch.ai and Dogecoin Investors Joining? Cryptocurrency often cloaks its key figures in secrecy, much like the elusive creator of Bitcoin, Satoshi Nakamoto. In contrast, BlockDAG shines with its commitment to openness and leadership quality, markedly differing from the secretive approaches of Dogecoin and Fetch.ai. The […]

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China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
cointelegraph.com

Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.

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Ethereum Celebrates 9th Birthday; Analyst Predicts Imminent Altcoin Season Could Push ETH to US$7,000
cryptonews.com.au

The Fear and Greed Index has fallen to 61, reflecting mixed market sentiment despite recent optimism at the Bitcoin 2024 conference. Major cryptocurrencies like Bitcoin and Ethereum recorded losses, while XRP stood out with a 7% gain. As Ethereum celebrates its ninth birthday, its price remains below previous highs, despite recent bullish forecasts and ETF […]

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The Rootstock Community Come Together for the First Rootstock Ecosystem Summit of 2024
cryptopotato.com

[PRESS RELEASE – Manchester, United Kingdom, July 31st, 2024] Registrations for Rootstock’s Quarterly Ecosystem Summit are now open On August 1st 2024, the Rootstock community will be coming together for its first Ecosystem Summit of 2024. This digital event, powered by RootstockLabs, is the first, of a planned quarterly, event where developers and users of […]

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Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
news.bitcoin.com

Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light of upcoming Federal Reserve actions. QCP Capital Cites Heightened Volatility Ahead of Key Federal Reserve Decisions QCP Capital reports that […]

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XRP Skyrockets 111% in Volume as Price Pushes Higher
u.today

XRP price has rallied over 3% as major metrics turn bullish

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Terra Blockchain Briefly Suspends Operations Following $4 Million Exploit
www.financemagnates.com

Terra blockchain briefly halted operations on Wednesday before restarting it, following a $4 million exploit, Coindesk reported. This abrupt interruption resulted from a reentrancy attack that exploited a known vulnerability, leading to the theft of funds in various tokens. Exploit and Immediate Response On Wednesday, Terra developers identified an exploit in the blockchain that led […]

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