Big tech is prepping an explosive pivot to robotics
cointelegraph.com

The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.

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SHIB Price Breaks Out Despite Shibarium's 88.24% Key Metric Plunge
u.today

Shibarium shows large decline in key metric while SHIB price soaring

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TRON Gains Momentum with SunPump’s Success—What’s Next for TRX?
crypto-economy.com

TL;DR TRON’s Revenue Surge: TRON achieved a record-breaking revenue of $5.33 million, driven by the launch of SunPump, a memecoin deployer that generated $1.14 million in just 11 days. Future Predictions for TRX: Analysts forecast a 22.59% increase in TRX’s price, reaching $0.190687 by August 24, 2024, supported by bullish market trends and technical indicators. […]

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Another ‘DeFi Summer’ Is On The Horizon: Steno Research Predicts All-Time Highs for Crypto in 2024
crypto-economy.com

TL;DR Steno Research predicts a resurgence in decentralized finance (DeFi) in 2024, potentially reaching all-time highs. Key drivers include anticipated lower interest rates, the rise of stablecoins, and the growth of real-world assets (RWAs). Lower Ethereum transaction fees and bullish trends in top DeFi tokens like Stacks (STX), AAVE, and Maker (MKR) further enhance DeFi’s […]

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Hackers Behind DMM Crypto Exchange’s $305,000,000 Bitcoin Heist Move 850 BTC: Blockchain Security Firm
cryptonews.com.au

The hackers who plundered $305 million worth of Bitcoin from a Japanese crypto exchange earlier this year are moving their BTC. In May, the Japanese trading platform DMM Bitcoin lost 4,502.9 BTC in what the crypto investigative firm Chainalysis called “the seventh-largest crypto hack ever.” The blockchain security firm PeckShield says wallets associated with the […]

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Judge Denies Kraken’s Request To Dismiss SEC Claims Alleging the Exchange Operated As Unregistered Securities Broker
cryptonews.com.au

A judge shot down Kraken’s request to dismiss claims made by the U.S. Securities and Exchange Commission (SEC) alleging the exchange violated securities laws. Last November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. Earlier this year, Kraken filed in US District Court […]

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Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
news.bitcoin.com

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance CEO Richard […]

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Scammers Drain $1,400,000 From Elderly Widow As JPMorgan Chase, Bank of America, Wells Fargo and Other Financial Giants Sit and Watch: Report
dailyhodl.com

JPMorgan Chase, Bank of America, Wells Fargo and other US financial giants reportedly failed to stop a scam that wiped out an 85-year-old woman’s life savings. Annette Manes, a widowed social worker, is a victim of a scheme that drained $1.4 million over the course of 279 days, reports Bloomberg. Manes says the scammers, who […]

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Simon’s Cat Token $CAT Launches On BNB Chain, Skyrockets 90% In 24 Hours
nulltx.com

The official token of Simon’s Cat, $CAT, made its debut on the BNB Chain yesterday and quickly gained traction, emerging as one of the top trending cryptocurrencies on X. The token is now actively trading on major platforms such as KuCoin, Gate.io, MEXC, BingX, and PancakeSwap. Simon's Cat official token $CAT is live and now […]

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Malaysian Authorities Are Destroying Bitcoin Mining Rigs, Here’s Why (Report)
cryptopotato.com

The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak District crushed 985 mining rigs worth RM1.98 million ($452,500) earlier this week. A video on the platform’s […]

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The Midwestern state that wants to make its own <b>cryptocurrency</b> in nation's first plan to take …
www.google.com

Wyoming is moving towards becoming the first state to offer a state-backed cryptocurrency, Governor Mark Gordon has revealed. Advertisement.

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Injective (INJ) Skyrockets 21% As Proponents Weigh In On New Developments
www.newsbtc.com

Injective piques investors’ interest as on-chain developments continue on the platform. These new integrations and information excite investors, bumping the token’s price by over 21%. The continuous positive developments are expected to further steer the INJ on the bullish path. Given the conditions and positive developments of Injective, its investors and traders have chosen the […]

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Meta cancels next-gen headset as Reality Labs remains mired in VR
cointelegraph.com

There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.

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140,000 ETH Options Are About to Expire
u.today

The cryptocurrency market is bracing for a massive options expiry

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Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts
dailyhodl.com

The crypto and stock markets surged Friday after Federal Reserve Chair Jerome Powell alluded to upcoming rate cuts in a speech at an economic symposium. While speaking in Jackson Hole, Wyoming, Powell said the economy was growing at a “solid pace” but noted that inflation and labor market data indicated an “evolving situation.” “The upside […]

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Kraken Crypto Exchange Operator Fined by Australian Court
news.bitcoin.com

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]

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DWF Labs Sells All Curve DAO Tokens at a Loss—$4.12M CRV Offloaded to Binance
crypto-economy.com

TL;DR DWF Labs has sold its entire Curve DAO (CRV) token at a loss of 17.5%. CRV price has fallen by more than 45% so far this year and has dropped out of the top 100 cryptocurrencies. Curve DAO founder has requested additional funding to continue developing the platform. DWF Labs, a leading cryptocurrency trading […]

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2024 to 2030: Renzo (REZ) Price Forecast
crypto-economy.com

TL;DR Innovative Staking Solution: Renzo (REZ) offers a liquid restaking token (LRT) that bridges the gap to the EigenLayer ecosystem, providing better returns than standard ETH staking and streamlining the staking process for users. Strategic Partnerships: Collaborations with EigenLayer, Chainlink, and Connext enhance Renzo’s capabilities, allowing users to convert staked assets into liquid forms and […]

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Tron-Based SUN Token Skyrockets 197% As SunPump’s Momentum Continues
www.newsbtc.com

The memecoin frenzy has reached the Tron Network after the launch of Pump.fun’s rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platform’s remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result, […]

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Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
cointelegraph.com

The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

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USA: Trump announces the launch of a <b>cryptocurrency</b> platform – The Brussels Times
www.google.com

“For too long, the average American has been squeezed by the big banks and financial elites,” the presidential candidate wrote on X and his social …

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RFK Jr.’s Campaign Suspension Gives Donald Trump a Lead Over Kamala Harris: Polymarket
dailyhodl.com

New data from the decentralized prediction market Polymarket reveals that Donald Trump is leading Kamala Harris in polls after Robert Kennedy Jr. suspended his presidential campaign. According to the crypto casino, which lets users bet on the outcome of anything, Trump now has a 51% chance to win the 2024 presidential election while Harris – […]

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Crypto Analyst Says Bitcoin Indicator Is Flashing a Bullish Signal – Here Are His Targets
dailyhodl.com

A widely followed crypto analyst says that the flagship crypto is showing signs of a bull run. Crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that the Bitcoin (BTC) bull-bear market indicator is showing bullish signals. “Since early August, the Bitcoin bull-bear market indicator has been oscillating between bearish […]

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Babylon’s Bitcoin Staking Mainnet Launch Triggers Massive Surge In Transaction Fees
nulltx.com

Babylon has officially launched its Bitcoin staking mainnet, and the response has been nothing short of extraordinary. The network saw a significant spike in activity, leading to Bitcoin transaction fees soaring by 120x, reaching a staggering 60 BTC, all due to the rush to participate in Babylon’s staking event. In its initial phase, Babylon set […]

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We Asked ChatGPT if Tron (TRX) Can Hit an ATH This Year
cryptopotato.com

TL;DR TRX surged to over $0.16 earlier this week, becoming the 11th largest cryptocurrency, likely boosted by activity from the SunPump protocol. The token’s price is gradually approaching its all-time high, with further growth dependent on market conditions and potential partnerships. TRX’s Impressive Rally TRX – the native token of Tron – has been among […]

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Bitcoin Whale Takes Massive Loss with Recent Sale
u.today

After cracking under pressure during the crash in early August, the whale is selling Bitcoin at a loss once again

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Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses
news.bitcoin.com

At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M Inflows; Ether Funds Dip by $5.7M Spot bitcoin ETFs achieved their highest inflow since late July, […]

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Grayscale Increases Suite of Crypto Funds with Launch of Avalanche (AVAX) Trust
cryptonews.com.au

Grayscale has expanded its suite of crypto products, now offering AVAX to qualified investors. The Avalanche Trust will enable investors to participate in the ongoing development of real-world asset (RWA) tokenisation carried out by Avalanche. Grayscale also launched a trust for MakerDAO’s MKR token, which also provides exposure to tokenised assets. Grayscale, one of the […]

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Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Here’s The Roadmap
www.newsbtc.com

A crypto analyst is predicting a massive price breakout for the XRP price, the native token of the XRP Ledger (XRPL). Despite XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially hitting an ambitious price target of $280 this bullish cycle.  Roadmap To XRP’s $280 Price Increase […]

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Solana TVL hits near 1-year high — Will SOL price follow?
cointelegraph.com

The total value locked on Solana surged but is this enough to send SOL price to a new all-time high?

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Crypto Sector Pours $119,000,000 Into US Elections As the New ‘Dominant Corporate Political Spender’: Nonprofit
dailyhodl.com

Companies from the crypto industry are spending large amounts of money to influence US elections, according to the nonprofit consumer advocacy organization Public Citizen. In a new report, Public Citizen says crypto firms are by far the dominant corporate political spenders this year with backers from the sector giving over $119 million, or 48% of […]

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Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report
dailyhodl.com

Russia is reportedly making plans to launch its very own crypto exchange platforms and stablecoins. According to a new article by local news publication Kommersant, Russia is planning on creating at least two crypto exchanges – one based in Moscow and another in St. Petersburg – as well as stablecoins pegged to the Chinese yuan and BRICS […]

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