US private investors predict surge in crypto investments in 2024 — Report
cointelegraph.com

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.

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Starknet CEO Abruptly Resigns After Less Than 2 Years – What is Going On?
crypto-economy.com

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 […]

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Kiln Introduces DeFi Service for Enhanced Crypto Staking Rewards via Crypto.com
crypto-economy.com

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 […]

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Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
cryptopotato.com

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 […]

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zondacrypto Steps Up as Atalanta’s Sleeve Partner for Three Seasons
www.financemagnates.com

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 […]

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Binance CEO Says Crypto Not Entering ‘Long-Term Negative Trend’ Despite Sharp Market Correction
dailyhodl.com

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 […]

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Memecoins In Freefall, Analysts Reveal Best Way to Position Yourself in Volatile Times
cryptonews.com.au

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 […]

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JupiterExchange To Burn 30% Of $JUP Team Tokens Following Overwhelming Vote
nulltx.com

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 […]

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Ethereum (ETH) Price Plunges 60% amid $279M Whale Sell-Off – The Crypto Basic
www.google.com

On Monday, Aug 5, 2024, the cryptocurrency markets experienced a historic downturn attributed to several bearish catalysts. The downtrend first …

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Aave Protocol Unfazed By Market Jitters, Surges 21%
www.newsbtc.com

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 […]

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Crypto Gaming Showdown: Why Lovely Legends is Set to Outshine Hamster Kombat
news.bitcoin.com

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 […]

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Nasdaq asks to list options on spot Ethereum ETFs — Filing
cointelegraph.com

Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.

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BTC, ETH and XRP Prediction for August 5
u.today

Can traders expect local growth of Bitcoin (BTC), Ethereum (ETH) and XRP soon?

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Opportunities For Bitcoin Remittance in West Africa
bitcoinmagazine.com

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 […]

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Binance Pushes Back against India's $86 Million Show Cause Notice: Report
www.financemagnates.com

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. […]

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Here Are Four Catalysts That Could Trigger Crypto Bull Market Resurgence: Analyst Michaël van de Poppe
dailyhodl.com

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 […]

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Bitcoin Fear & Greed Index Nears Extreme Fear, Following Recent Price Drop
crypto-economy.com

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. […]

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SEC Requests Court to Deny Coinbase’s ‘Broad’ Subpoena Request
cryptopotato.com

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 […]

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Crypto Exchange Gemini Hit by a Third-Party Breach Exposing Customer Banking Information
www.google.com

The cryptocurrency exchange platform says the third-party cybersecurity incident impacted only a “subset of some Gemini customers' banking information …

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Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating
www.newsbtc.com

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. […]

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Experts Call for US Fed Emergency Rate Cuts to Avoid Further Market Chaos
cryptonews.com.au

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. […]

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$NEIRO Defies Market Trends With 800% Surge Despite Whale Sell-Off and Market Volatility
nulltx.com

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, […]

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US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
news.bitcoin.com

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 […]

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‘Crypto Advocates for Harris’ movement claims support from Mark Cuban
cointelegraph.com

The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.

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Bitcoin Bull Saylor Compares Bitcoin to Air and Water as MSTR Stock Recovers
u.today

The MSTR stock has pared most of its recent losses

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How Bitcoin Can Protect Public Records With Simple Proof
bitcoinmagazine.com

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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Innovative P2P Platform LendPal: A New Phenomenon in the <b>Cryptocurrency</b> World
www.google.com

… cryptocurrency assets on their own terms and receive a reward. Likewise … cryptocurrency and securities. Primary Logo. Markets Insider and …

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Dogecoin Open Interest Sees Sharp 24% Drop, Where Does Price Go From Here?
www.newsbtc.com

The total open interest of any asset can help to narrow down what traders are doing when it comes to a coin, and Dogecoin is no different. As with any metric, a rise or fall within a period of time can be significant as traders choose to take or not take positions in that asset. […]

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RWA Cryptocurrencies Lead Market Recovery: PENDLE Soars 47% and ONDO Rallies 36%
crypto-economy.com

TL;DR ONDO’s Performance: ONDO, the native token of Ondo Finance, one of the RWA cryptocurrencies, surged by nearly 37% in the last 24 hours, reaching a price of $0.71. Despite this short-term gain, ONDO has experienced a 25% decline from its August 1 price of $0.95. PENDLE’s Surge: PENDLE, the native token of Pendle Finance, […]

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Institutional Investors Buy The ETH Dip as Spot ETF Flows Turn Positive 
cryptopotato.com

U.S. spot Ethereum ETFs had a positive day of inflows following a massive market crash that sent the asset tumbling 23% in less than 24 hours. On August 5, the aggregate inflow for the nine newly launched spot ETH ETFs was $49 million, its second-highest inflow day since the funds started trading. Additionally, it is […]

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Crypto Market Volatility Fuels $1.2B Inflows at Binance
news.bitcoin.com

On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over the past day. Binance CEO Richard Teng noted that this “marks […]

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Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K
cointelegraph.com

ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million.

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