Dogecoin (DOGE) has long been the poster child for memecoins, riding waves of social media hype and celebrity endorsements to impressive heights. However, the fervor that once surrounded Dogecoin (DOGE) appears to be waning. Analysts and experts in the cryptocurrency market are noting a shift in investor sentiment as the coin’s momentum starts to decline. […]
Senators Catherine Cortez Masto (D-Nevada), Chuck Grassley (R-Iowa) and Amy Klobuchar (D-Minnesota) have introduced bipartisan legislation seeking to strengthen the US Secret Service’s authority in investigating crypto-related criminal activities. According to a joint press release, the Combating Money Laundering in Cyber Crime Act aims to update the existing laws with a view of authorizing the […]
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi […]
Full-RBF has finally become the default in Bitcoin Core
Metaplanet, a publicly listed Japanese company, has announced plans to raise up to ¥10.08 billion ($70 million) through a gratis allotment of stock acquisition rights to existing shareholders. The majority of funds raised will be used to purchase additional Bitcoin. JUST IN: 🇯🇵 Metaplanet announces to raise ¥10.08 billion to buy more #Bitcoin pic.twitter.com/HXBf7RNeMx — […]
A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months.
TL;DR Diego Oliva, the first CEO of the Starknet Foundation, is stepping down after a year and a half in the role. James Strudwick, who joined the Foundation in January 2024, will assume the role of Executive Director. Under Oliva’s leadership, the Foundation made significant progress, including the implementation of several key projects and the […]
TL;DR Kiln has launched a new service to simplify access to stablecoin staking, making it easier for users to earn additional yields from their digital assets. Crypto.com DeFi Wallet is the first integrator, allowing users to stake assets through DeFi protocols such as Aave, Morpho, and Compound directly from its interface. Stablecoins have a market […]
The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation with traditional finance (TradFi) markets. Analysts at the crypto exchange Bitfinex explained in the latest Alpha report that Bitcoin’s rising correlation with TradFi markets could […]
Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the club’s Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first team shirt. Three-Year Partnership Begins “Atalanta is a team and organisation that continues to amaze both domestically […]
The chief executive officer of the world’s largest crypto exchange says that crypto’s latest crash is likely to be short-lived. According to Binance CEO Richard Teng, outside forces are currently shaping the digital asset markets. “Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of […]
Memecoins experienced significant losses, with POPCAT and WIF dropping over 41% and BOME 36%, while DOGE and SHIB saw smaller declines. Analysts advise against going all-in on memecoins, recommending close monitoring of coins showing strong post-crash recoveries. Predictions suggest no immediate US market meltdown; a moderate rate cut is expected in September despite ongoing market […]
JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% of votes in favor. (3 […]
On Monday, Aug 5, 2024, the cryptocurrency markets experienced a historic downturn attributed to several bearish catalysts. The downtrend first …
Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum of the broader market which is still up by over 5% since yesterday. Aave’s recent developments also contributed to this rally. However, the broader crypto-finance […]
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both gaming enthusiasts and cryptocurrency investors. Unprecedented Airdrop Initiative In an unparalleled move, Lovely Legends […]
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Can traders expect local growth of Bitcoin (BTC), Ethereum (ETH) and XRP soon?
Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) promises to reshape the economic landscape of 15 nations with the introduction of ECO. Amidst the buzz […]
Cryptocurrency exchange Binance has challenged a substantial $86 million tax show cause notice by India’s tax authorities, Coindesk reported, citing sources familiar with the matter. This notice, a preliminary step in suspected tax evasion cases, marks a significant move by India’s Directorate General of Goods and Services Tax Intelligence (DGGI) against the crypto exchange giant. […]
Widely followed analyst and trader Michaël van de Poppe believes there are four catalysts that could revive the crypto bull market after this week’s broad sell-off. Van de Poppe tells his 721,400 followers on the social media platform X that if there are significant inflows into both spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds […]
TL;DR Fear & Greed Index Overview: The Fear & Greed Index, which gauges market sentiment, is currently at 17 (out of 100), signaling extreme fear in the Bitcoin market. A score below 25 indicates strong bearish sentiment. Market Shifts and Reversal Potential: Bitcoin’s recent bearish trend, including a significant price drop, has shifted sentiment dramatically. […]
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena, which seeks to compel the agency to produce documents related to crypto assets. The SEC described them as covering “essentially all documents that in any way relate to crypto assets.” SEC Opposes Coinbase’s Subpoena Request The motion filed on […]
The cryptocurrency exchange platform says the third-party cybersecurity incident impacted only a “subset of some Gemini customers' banking information …
Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses. […]
Japan’s severe stock crash rippled through global markets, causing significant drops in crypto and major indices worldwide. Experts criticise the US Fed for sluggish rate adjustments, influencing the market downturn, with urgent calls for significant rate cuts. Despite massive sell-offs, cryptocurrencies like Bitcoin and Ethereum have begun to recover some losses following Monday’s steep decline. […]
In a surprising turn of events, $NEIRO on Ethereum has surged by 8% today and over 800% in the past seven days, despite challenging market conditions and a significant whale sell-off. On-chain reports reveal that Ethereum co-founder Vitalik Buterin sold all his 17.15 billion NEIRO tokens, amounting to 44.42 ETH (approximately $119,000). Eight days ago, […]
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […]
The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.
The MSTR stock has pared most of its recent losses
Company Name: Simple Proof Founders: Rafael Cordón and Christian Lowenthal Date Founded: February 2023 Location of Headquarters: Guatemala Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 Website: https://www.simpleproof.com/ Public or Private? Private In the age of digital records, how do we know that data has not been tampered with? Rafael (Rafa) Cordón […]
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