Bitcoin (BTC) Price Approaches $63K After “Most Epic Bear Trap”
u.today

Bitcoin’s price recovery is nothing short of stunning

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Animals in Trading – The Most Popular Slang in Financial Markets
dailyhodl.com

HodlX Guest Post  Submit Your Post   ‘The Wolf of Wall Street,’ featuring Leonardo DiCaprio as Jordan Belfort, intriguingly labels its protagonist as a wolf, a nod to the frequent use of animal metaphors in financial markets to describe various trading behaviors and market conditions. This article explores common animal slang in the stock market, such […]

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‘Crypto for Harris’ Campaign Kicks Off in Democratic Bid to Gain Crypto Vote 
cryptonews.com.au

As the US presidential race draws closer to its finale, Kamala Harris has made even more strides into the pro-crypto camp. The presiding Biden–Harris administration has been generally against digital assets, but with Harris now in charge of a 2024 presidency push, she’s switching tack. Donald Trump has entrenched himself in the crypto community, ground […]

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Metaplanet Obtains $6.8M Loan to Boost Bitcoin Holdings
cryptopotato.com

Japanese investment firm Metaplanet has secured a $6.8 million loan (1 billion Japanese yen) from one of its shareholders, MMXX Ventures, to increase its Bitcoin holdings. This move follows Metaplanet’s recent announcement to raise $70 million through a stock rights offering, with $58 million earmarked for Bitcoin investments. Metaplanet to Fund Bitcoin Investments Metaplanet’s loan […]

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Metaplanet Secures ¥1 Billion Loan to Buy More Bitcoin
bitcoinmagazine.com

Metaplanet, a publicly listed Japanese investment firm, has secured a ¥1 billion ($6.8 million) loan to purchase additional Bitcoin. This comes just days after announcing plans to raise ¥10.08 billion through a stock rights offering, mostly for Bitcoin buys. JUST IN: 🇯🇵 Japanese public company Metaplanet secures ¥1 billion loan to buy more #Bitcoin pic.twitter.com/VNVemLD9cy […]

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Crypto Whales Undeterred By Spot Ethereum ETFs Outflows As Large ETH Buys Continue
nulltx.com

Amid recent Spot Ethereum ETFs’ outflows, crypto whales remain unfazed as they make massive Ethereum (ETH) purchases, suggesting a bullish outlook on Ethereum (ETH) and Spot Ethereum ETFs. This recent crypto whales’ accumulation has heightened investor activity on ETFSwap FS), an ETF(ET trading platform offering huge gains in the rising crypto-ETF market. Crypto Whales Make […]

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FTX Ordered to Pay $12.7 Billion in CFTC's Biggest Crypto Ruling
www.financemagnates.com

The Commodity Futures Trading Commission (CFTC) announced today (Thursday) that it has secured a $12.7 billion judgment against FTX and Alameda Research. These funds will reportedly be used to compensate the victims of the bankrupt exchange’s fraudulent activities. CFTC Victory in Crypto Fraud Case This ruling, handed down by the US District Court for the […]

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Brazilian Regulator Approves Solana Spot ETF
news.bitcoin.com

The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers Solana Spot ETF Approval Solana […]

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Man charged over €6.5m <b>cryptocurrency</b> seizure in Dublin – BBC
www.google.com

The seizure follows an investigation into the sale of illegal material on darknet markets and money laundering.

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PEPU vs MPEPE: Pepe Unchained Rival Surges 310% Attracting PEPU Investors
www.newsbtc.com

In the ever-evolving world of cryptocurrency, new contenders are always emerging to challenge established players. Pepe Unchained (PEPU) and Mpeppe (MPEPE) are two such presale titans that have been making waves recently. With a 310% price surge, Mpeppe (MPEPE) has caught the attention of investors who initially flocked to Pepe Unchained (PEPU). Let’s delve into […]

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Franklin Templeton’s tokenized money fund launches on Arbitrum
cointelegraph.com

It’s a stamp of approval for the layer 2 from United States regulators.

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Michael Saylor Shares Epic Bitcoin Comment as Price Reclaims $57,000
u.today

Michael Saylor pokes corporate investors with new Bitcoin post

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Democrats’ New Strategy: ‘Crypto for Harris’ Campaign Focuses on Digital Asset Voters and Blockchain Leadership
crypto-economy.com

TL;DR The Democratic Party has launched the “Crypto for Harris” campaign to attract the 40 million Americans with digital assets. The strategy includes a virtual meeting with cryptocurrency advocates such as Mark Cuban and Anthony Scaramucci, and the inclusion of former crypto advisers. The campaign aims to counter Trump’s appeal among crypto voters by highlighting […]

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Bybit Launches Dual Asset Innovation: Hold and Profit from Bitcoin and Ethereum Without Converting Assets
crypto-economy.com

TL;DR Bybit launches the ETH-BTC Dual Asset product, allowing users to trade BTC and ETH without converting to USDT. The new product is designed to enhance investment management in BTC and ETH, providing an efficient way to leverage value movements without converting to stablecoins. Bybit has also initiated a block trading campaign for P2P traders […]

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Haven1 and Amazon Web Services (AWS) Announce Partnership for Node Validator
cryptopotato.com

[PRESS RELEASE – Zug, Switzerland, August 8th, 2024] The partnership entails hosting one of the initial seven validator nodes on Haven1 to provide robust security for Web3 innovations on the Haven1 proof-of-authority blockchain. This strategic partnership between AWS and Haven1 will enable broader adoption of Web3 solutions. Haven1, the REKT-Resistant EVM L1 blockchain, and Amazon […]

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The Degrowth of Bitcoin
bitcoinmagazine.com

Austrian economics dominates the discourse on bitcoin, but it is not the only heterodox economic theory that describes the importance of a type of money that sounds strikingly like bitcoin. Aspects of degrowth and ecological economics promote an end to fiat and inflationary currencies. While we often focus on the benefits of bitcoin mining for […]

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Michael Saylor Reveals He Owns Over US$1 Billion in Bitcoin Personally
cryptonews.com.au

Michael Saylor, MicroStrategy’s Chairman, personally holds over US$1 billion in Bitcoin, with 17,732 BTC revealed four years ago and none sold since. Saylor says he views BTC as the “apex property of the United States” and an ideal investment for various entities. He even vows to acquire more Bitcoin. The company is raising over US$2 […]

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Russia Legalizes Cryptocurrency Mining in New Law Signed by Putin
www.financemagnates.com

Russia has officially legalized Cryptocurrency mining, marking a significant shift in the country’s approach to digital assets, RT reported. The new law, signed by President Vladimir Putin, introduces a comprehensive legal framework that regulates cryptocurrency mining and defines the rights and obligations of those involved in the industry. Russia Recognizes Crypto Mining The law, published […]

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AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye
cointelegraph.com

AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’

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Dogecoin Trader That Bought Shiba Inu Says Pick Ethereum Token ETFSwap (ETFS) Over BONK For 10,000% Rise
nulltx.com

The ETFSwap (ETFS) platform receives another glowing review by a successful Dogecoin (DOGE) trader who invested in Shiba Inu (SHIB) as he advises investors to pick the Ethereum-based ETFSwap (ETFS) token over BONK for a 10,000% rise in profit. ETFSwap (ETFS) Is Preferred Above Other Options ETFSwap (ETFS) doubles as the best-selling Ethereum-based token in […]

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Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
news.bitcoin.com

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris […]

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Solana Surpasses BNB to Become Fourth Largest <b>Cryptocurrency</b> – The Defiant
www.google.com

Solana (SOL) has surpassed Binance Coin (BNB) in market capitalization to become the fourth largest cryptocurrency in the world.

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Millions To Be Made With Mpeppe Whilst Dogecoin’s Performance Dips
www.newsbtc.com

In the ever-evolving world of cryptocurrency, new players continually emerge, challenging the dominance of established coins. Mpeppe (MPEPE) is one such newcomer, poised to offer substantial gains for investors, even as Dogecoin (DOGE) faces a period of decline. Let’s delve into why Mpeppe is capturing investor interest and what it offers that Dogecoin currently lacks. […]

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'Black Swan' Author Taleb Breaks Down Trigger Behind Bitcoin Сrash, SHIB Burns Skyrocket 708%, BlackRock Did Not Sell During Crypto Market Collapse: Crypto News Digest by U.Today
u.today

Stay updated on all of industry’s top events with U.Today’s crypto news digest!

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CXT is live and available for trading!
blog.kraken.com

We’re thrilled to announce that Covalent (CXT) is now available on Kraken! Funding and trading CXT trading is live as of 14:00 PM UTC today, August 8th, 2024. To add $CXT to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens using the networks […]

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Putin Signs Law Legalizing Cryptocurrency Mining in Russia
bitcoinmagazine.com

Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining pools, and mining infrastructure operators. Mining activities are now recognized by Russia as part of turnover rather than the issuance […]

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Arche Capital to Back Early Stage Blockchain and AI Innovations in Financial Services
cryptopotato.com

[PRESS RELEASE – New York, New York, August 8th, 2024] Veteran Blockchain Leaders Targeting Infrastructure Projects at the Intersection of Blockchain, AI and Financial Services Seasoned blockchain founders have joined to launch Arche Capital Management LLC (“Arche Capital” or the “Firm”), a new investment manager focused on financing and guiding early-stage entrepreneurs, companies and infrastructure […]

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Crypto Exchange Activity Hits $845 Billion in July, Up 105% from 2023
www.financemagnates.com

Despite Bitcoin’s (BTC) mixed performance during the vacation period, activity on major cryptocurrency exchanges remains substantial. The total volume of the largest centralized platforms has maintained multi-month highs, growing by over 100% compared to last year. However, it’s impossible to ignore the 60% decrease compared to the record-breaking March. Spot Crypto Volumes Grow Month-over-Month and […]

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Amazon faces UK merger probe over $4B Anthropic AI investment
cointelegraph.com

Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.

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Morgan Stanley Starts Spot Bitcoin ETF Purchases Via 15,000 Advisors
cryptonews.com.au

Morgan Stanley’s 15,000 advisors can officially suggest Bitcoin ETFs to clients with a net worth of over US$1.5 million. Only BlackRock’s iShares and Fidelity’s Bitcoin funds are available at present. After a significant market drop, Bitcoin funds see net-positive flows, hinting at renewed investor interest. Community reactions have been mostly positive, with some claims of […]

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On the Radar – Coins to Watch 08/08
cryptonews.com.au

What a week. We’ve witnessed the largest volatility event in broader markets on record since the Covid crisis in 2020. We saw Bitcoin tumble from $58,200 USD on Monday open, to $49,050 USD, a -15% move in less than 8 hours. However, fast-forwarding 24 hours, this whole move has now been reversed for Bitcoin. Why […]

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Bitgo Secures Major Payment Institution License in Singapore
news.bitcoin.com

Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now offer regulated digital payment token services in Singapore, including secure custody and trading solutions. CEO Mike Belshe highlighted Singapore’s […]

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