A crypto whale has been spotted accumulating tens of millions of dollars worth of Ethereum (ETH) in an apparent effort to buy the dip. First reported by blockchain tracking firm Lookonchain, an Ethereum address starting with “0x78D07” bought over $4.7 million worth of Ethereum on Friday, adding to its nearly $100 million ETH stack. “This […]

Crypto veteran Arthur Hayes says the Democrats could stealthily print dollars to trigger stock market rallies before the presidential election. In a new essay, the BitMEX founder says Kamala Harris’ presidential campaign will likely see a big boost if the stock market is booming. But the unwinding of the yen carry trade has triggered a […]

BlackRock’s IBIT and Fidelity’s FBTC funds combined account for 2.5% of the total Bitcoin supply, representing over US$30 billion. IBIT holds 347,766.96 BTC worth US$20.32 billion, doubling the BTC count of Fidelity’s FBTC. Institutional investors like governments, public and private companies, and funds now hold a substantial and increasing share in the global Bitcoin market. […]

Thailand’s SEC has launched a new regulatory sandbox that aims to foster crypto innovation in the country The SEC said companies must send their submissions and the agency will review them within 60 days. The regulator will focus on qualifications in areas like capital adequacy and management structure. The framework is expected to serve as […]

Bitcoin’s hashrate has hit a new high despite rapidly declining miner profitability

The median price to send an Ethereum transaction hit 1.9 gwei over the weekend, with low-priority transactions priced even lower.

Massive $65.2M Presale for BlockDAG: UFC Champ Alex Pereira on Board—Uniswap & BNB Chain in Sight  Uniswap is capturing the market’s attention, spurred by optimistic on-chain data that hints at a forthcoming rally. Meanwhile, the BNB Chain demonstrates consistent strength with robust staking growth and active decentralised exchange use, despite a dip in transaction numbers […]

“Give me liberty, or give me death!” Ben James said, poking the air with his fork to emphasize. I smiled back at my husband as he enjoyed the steak I’d grilled in the backyard. He was telling me about the second Citadel he wanted to create, this one affiliated with us, run like ours, but […]

Fantom (FTM) might be up for a huge price breakout shortly after an analyst – Javon Marks – made public his prognosis of the altcoin. Posting in X, Marks attributed this to the formation of a Hidden Bullish Divergence in the FTM chart. According to the analyst, this has the potential to cause a significant […]

Turkey’s Capital Markets Board (CMB) has released a list of crypto service providers seeking licensing under the new “Law on Amendments to the Capital Markets Law.” President Recep Tayyip Erdoğan signed the new legislation into law on July 2, following its unanimous approval by the Turkish Grand National Assembly. The law took effect immediately upon […]

A former chief of the Office of Internet Enforcement at the U.S. Securities and Exchange Commission (SEC) says Morgan Stanley will attract government scrutiny with its recent embrace of Bitcoin (BTC). Morgan Stanley recently gave its wealth advisors the green light to pitch Bitcoin exchange-traded fund (ETF) products to its wealthy clients. On the social […]

Closely followed crypto analyst Altcoin Sherpa is calling for caution amid what he sees as bearish price action for Bitcoin (BTC). Altcoin Sherpa tells his 219,000 followers on the social media platform X that BTC is continuously printing bearish patterns on the daily chart. He shares a chart suggesting that BTC is forming a simple […]

The meme coin ecosystem has grown into a billion-dollar market over the years. It owes its meteoric growth to thousands of tokens themed around animals, political figures, celebrities, and other memeable characters. The meme coin frenzy has a ripple effect on the broader crypto market performance. With a market valuation of $2.2 trillion, the industry […]

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the […]

The SEC walked away with a $125 million settlement, but Ripple and its cryptocurrency, XRP, emerged with the lion's share of the victory. In an …

The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.

Solana has been one of standout performers in cryptocurrency market of late

Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization, significantly outperforming its peers, Helium (HNT) with a 60% increase and Bittensor (TAO) at 50%. […]

VanEck, the first asset managers to file for a US-based Solana ETF, have declared they believe approval is “inevitable” following Brazil greenlighting the financial products. Some analysts in the industry believe the regulatory pathway to seeing SOL ETF approval is too convoluted. However, optimism is growing that the SEC will relent and allow US investors […]

Bitcoin and major cryptocurrencies like ETH and SOL see declines amid global economic and political tensions. Swissblock notes market resilience but advises caution due to increased risk and potential for ambiguous market signals. Aussie Analyst Jason Pizzino highlights ongoing market fear as beneficial, potentially stabilising against rapid, greed-driven fluctuations. Bitcoin and several major cryptocurrencies are […]

Investing veteran Tom Lee says that the worst of the recent correction in financial markets has likely already passed. In a new interview on CNBC, the Fundstrat founder says he’s looking at the volatility index (VIX), a popular gauge of expected volatility in stock markets. According to Lee, the VIX suggests that markets won’t see […]

Crypto executives reportedly expressed their dismay about how Democrats have targeted the digital asset industry in the last four years at a meeting hosted by Congressman Ro Khanna. FOX Business reports that on Thursday, Democrats had a Zoom meeting with crypto leaders to clear the air over the multiple enforcement actions unleashed by the Biden […]

The publicly-listed cryptocurrency mining company from Wall Street (NASDAQ: ARBK) and the City (LSE: ARB) Argo Blockchain plc announced today (Monday), that it has fully repaid its $35 million loan from Galaxy Digital Holdings. This clears the debt four months ahead of the current schedule and nearly 18 months before the original repayment deadline. Argo […]

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador […]

Cryptocurrency price on August 12 quick take: The global market cap dipped to $2.05 trillion.

Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.

TL;DR Tron (TRX) leads with 87% of investors currently in profit. Cardano (ADA) is on the opposite side, with most of its holders underwater. Bitcoin (BTC) is Among the Leaders The enhanced volatility of the cryptocurrency market has significantly affected investors in different digital assets. At the start of the week, prices were plummeting, resulting […]

While some assets recovering, market has long way to go

Although the market dipped today, Solana has found its way to spark investor interest despite falling a few points in the past 24 hours. However, the token is still up nearly 22% in the past month, going against the market’s general bearishness after last week’s slip and slide.  Solana’s significant traction around the world has […]

The U.S. Securities and Exchange Commission (SEC) has reportedly subpoenaed at least three crypto venture capital firms in 2024. Citing a source familiar with the matter who wished to remain anonymous, DL News reports that three crypto VC firms received identical subpoenas from the SEC requesting any contract of token deals with investors.  “The staff […]

During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most resilient operations can thrive, with the best-performing machines bringing in […]

Over the past 24 hours, the crypto market has recorded a drop of 3.99% in valuation, from $2.14 Trillion to $2.05 Trillion, a loss of $90 Billion.