TL;DR President Biden’s withdrawal from the 2024 race caused significant fluctuations in political memecoins, with Trump and Harris-related tokens surging while Biden-themed coins plummeted. The crypto community celebrated Biden’s exit, viewing it as potentially favorable for crypto-friendly policies, especially with Trump’s increased chances of winning. The volatile nature of political memecoins was highlighted, demonstrating the […]
TL;DR Inflows and Market Confidence: CoinShares reported a substantial $1.35 billion inflow into digital asset investment products over the past week. Total inflows for the last three weeks reached an impressive $3.2 billion. Sentiment Shift and Performance: Short-Bitcoin exchange-traded products (ETPs) experienced $44 million in outflows since March, signaling a positive sentiment shift after the […]
A University of Queensland study has identified an urgent need for high quality, online information from trustworthy sources to help educate investors on the risks of cryptocurrency and combat the rise in crypto scams. The study found that two groups of investors are at increased risk from crypto scams — one being socioeconomically disadvantaged and […]
VP Kamala Harris is likely to run for president and could adjust current party crypto policies. Senator Wiley Nickel is working behind the scenes to help reshape crypto regulations. Advocacy groups urge Harris to support digital assets and work with industry. With Joe Biden dropping out of the presidential race, the question on crypto investors’ […]
PRESS RELEASE. 23rd July, 2024 – Mhaya Brands is thrilled to announce the launch of the ‘Monopoly Mhaya’ airdrop, a revolutionary project poised to transform users into blockchain ‘tycoons’ through relentless clicking and the pursuit of profit. Since its debut on Telegram in July 2024, ‘Monopoly Mhaya’ has taken the platform by storm, attracting a […]
The lead developer of memecoin Shiba Inu (SHIB) says that web3-based operating systems are now needed after banks and other networks suffered a massive global outage last week. In a new post on the social media platform X, Shytoshi Kusama says that a decentralized web3 operating system could counter events such as the latest outage, […]
The research arm of the leading crypto exchange by trading volume says that one growing sector of digital assets is far outpacing the rest. According to a new study by Binance Research, memecoins are driving crypto awareness in 2024. “Memecoins have driven a significant amount of activity among traders and captured a notable amount of […]
A major whale identified as 0xC54…4d62E, once the second-largest holder of $PENDLE, recently transferred 250,000 $PENDLE tokens to Binance. Valued at $1.13 million, this move, if sold, would net the whale a substantial profit of $1.03 million. This whale initially acquired $PENDLE at a cost of just $0.35 per token, taking advantage of the low […]
On-chain data shows that the Bitcoin price reiterates the last cost basis level associated with the short-term holder group. Bitcoin Price Has Surged Past Final Short-Term Holder Cost Basis As explained by CryptoQuant author Axel Adler Jr in a new post on X, Bitcoin has only one Realized Price of the short-term holders left to […]
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty.
[PRESS RELEASE – Miami, Florida, July 23rd, 2024] FLOKI, the cryptocurrency ecosystem, announced today that Valhalla, a MMORPG (Massively Multiplayer Online Role-Playing Game) spin on the classic Creature-Collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka. This partnership will give Valhalla significant visibility through mid-wicket pitch mats, ground LED boards, backdrops, […]
Mt. Gox on its way to selling another chunk
Cryptocurrency market experiences volatility following Biden's withdrawal from the 2024 presidential race, with large-scale liquidations.
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber […]
A widely followed crypto analyst is looking at historical price action to lay out a capitulation scenario for the Ethereum versus Bitcoin (ETH/BTC) pair. In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that ETH/BTC could be in trouble if the Federal Reserve cuts rates in September and the pair […]
HodlX Guest Post Submit Your Post What is DePIN There’s been a lot of buzz lately about DePINs (decentralized physical infrastructure networks). This sector is attracting a lot of attention because it has a massive potential user base and a unique way to expand infrastructure networks from the ground up – without needing a central […]
TL;DR Token Burn Completion: The BNB Chain Foundation completed its 28th quarterly token burn. A total of 1,643,698.8 BNB (approximately $971 million) was permanently removed from circulation. Decentralized Auto-Burn Mechanism: Unlike the previous centralized approach, the BNB Foundation now uses a decentralized Auto-Burn mechanism. This system allows direct execution of the quarterly burn on the […]
With Bitcoin 2024 fast approaching – July 25-27 in Nashville, TN – three enterprising fund managers are competing to win $1 million in seed capital in the Bitcoin Alpha Competition powered by Samara Alpha Management in partnership with Bitcoin Magazine Pro. In a recent podcast, Bitcoin Magazine sat down with the Bitcoin Alpha Competition judges to […]
Crypto analyst CryptoCondom (@crypto_condom), who had previously been a vocal critic of XRP, has done a U-turn and is now endorsing the crypto asset as a potential investment to his 82,400 followers. This turnaround is rooted in an analysis of Ripple’s lawsuit with the US Securities and Exchange Commission (SEC) and its implications for the […]
The security incident affected 8.5 million Windows systems worldwide as commercial operations were hit with the “blue screen of death.”
The Solana ecosystem is experiencing a remarkable surge, with the potential to reach a new all-time high (ATH) soon. The recent price movement from $126 to $185 in just one month has captured significant attention in the crypto community. The Solana ecosystem is on ! With the way things are moving, a new ATH is […]
Toncoin witnessing significant trading activity as price struggle continues
The Securities and Exchange Commission (SEC) has provided final approval to spot Ethereum exchange-traded funds (ETFs), which will follow the listing and trading of these instruments on three American exchanges on July 23. SEC Approves Ether ETF The final stamp on the S-1 registration forms of the spot Ethereum ETF issuers came two months after […]
While bitcoin is the pioneer and most well-known cryptocurrency, it's far from the only one. The crypto ecosystem has expanded dramatically since …
Meme coins have been rallying in the past 24 hours. Cat in a dogs world (MEW) has jumped over 40%, proving that it’s still in high demand from retail investors. Meanwhile, PlayDoge (PLAY) is also turning heads, with its ICO closing in on the $6 million milestone. MEW Token Nears All-Time High in 44% Price […]
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will […]
A widely followed crypto strategist and trader believes Bitcoin (BTC) is gearing up to ignite a big breakout rally. Pseudonymous analyst The Crypto Dog tells his 805,600 followers on the social media platform X that Bitcoin appears to be mirroring a pattern witnessed in November 2020 when BTC sparked a parabolic rally from $14,000 to […]
TL;DR Mt. Gox is in the final stages of preparation to repay its creditors through Bitstamp, generating anticipation and concern in the crypto community. Test transactions have been executed from addresses associated with the exchange to Bitstamp’s cold wallets, indicating that the repayment process is about to begin. A Reddit survey shows that 56% of […]
TL;DR Superstate launches the USCC, a tokenized fund that uses the “cash and carry” strategy to capitalize on price differences between spot and futures assets for Bitcoin and Ethereum. The USCC fund is offered in the form of an ERC-20 token on the Ethereum blockchain as well as in non-tokenized shares. USCC stands out for […]
On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not last at the time, there were a few factors behind it, […]
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading.
Bitcoin has recorded an epic weekly candle above the $68,000 level