USDC to embrace tap-and-go payments after Apple opens up NFC
cointelegraph.com

United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones.

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Real World Assets (RWA) Enter Mainstream Adoption
cryptopotato.com

[PRESS RELEASE – London, UK, August 15th, 2024] XDB CHAIN, a pioneering blockchain platform, is revolutionizing the Real World Assets (RWA) market. By creating token representations of branded interactions—such as product usage and community membership—XDB CHAIN transforms intangible assets into valuable digital ones. This innovative approach can position XDB CHAIN as a leader in the […]

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SEC Approves the First Leveraged MicroStrategy ETF
bitcoinmagazine.com

The Securities and Exchange Commission has approved the launch of MSTX, the first leveraged single-stock ETF targeting MicroStrategy. The ETF will seek to deliver 175% of MicroStrategy’s stock’s daily return. JUST IN: 🇺🇸 SEC approves the first leverage long MicroStrategy ETF. pic.twitter.com/9NYrLh81sD — Bitcoin Magazine (@BitcoinMagazine) August 15, 2024 MSTX is issued by Defiance ETFs, […]

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One Factor Could Trigger Bitcoin Explosion to New All-Time High, Says Crypto Analyst Kevin Svenson
dailyhodl.com

Cryptocurrency analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC). Svenson tells his 79,000 YouTube subscribers in a new video that Bitcoin is primed to see “continued upside, a continued recovery.” “The reason why is because the stock market is bouncing right back.” Source: Kevin Svenson/X According to Svenson, the S&P 500 […]

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dYdX to Launch Major Update This Fall: List Token Markets Freely with New MegaVault Feature
crypto-economy.com

TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue. Affiliate Program and Permissioned Keys: An affiliate program with significant rewards will be […]

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Binance to Pay $1.7M Fine in Brazil for Derivatives Trading Violations
www.financemagnates.com

Cryptocurrency exchange giant Binance has agreed to pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) as a settlement for an investigation into its unauthorized derivatives trading in the country, Coindesk reported. Binance’s Regulatory Struggles in Brazil CVM initiated the investigation into Binance’s operations in July 2020, accusing the company […]

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Crypto on the fairway: The emerging intersection of <b>cryptocurrency</b> and golf betting
www.google.com

The latest prominent change is the rise of cryptocurrency. Many online betting sites have embraced cryptocurrencies such as Bitcoin, providing new …

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Bitcoin Falls From $60,000 With US Transfer Of 10,000 BTC: Vital Levels To Monitor
www.newsbtc.com

On Wednesday, the crypto market experienced a wave of volatility as news broke that the US government had transferred a significant amount of Bitcoin seized from the infamous Silk Road marketplace to the Coinbase exchange. Massive Silk Road Bitcoin Influx To Coinbase According to on-chain data tracker Arkham, the US government recently moved 10,000 Bitcoin […]

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Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
cointelegraph.com

A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.

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HODL On: Glassnode Data and Analyst Insights Reveal Trends in Crypto Market Patterns
cryptonews.com.au

Glassnode’s report reveals a robust accumulation trend among Bitcoin HODLers, with the ATS reaching 1.0, signalling a shift from selling to holding. Long-term HODLers are increasingly retaining their assets, with a notable transition of 374,000 BTC to LTH status amid ongoing market fluctuations. Analyst Miles Deutscher anticipates a market upturn in Q4/Q1 after a period […]

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Aussie Analyst Michael Pizzino Reveals “Critical Signal for Crypto” to Watch Out For
cryptonews.com.au

Australian crypto analyst Michael Pizzino’s latest video touches on the current crypto market, which he believes is in a 50/50 consolidation/accumulation phase. Several contrasting signals demonstrate that Bitcoin could trend in either direction in the short term. The popular Fear and Greed Index is reading “Extreme Fear”, often a harbinger of a trend reversal.  At […]

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Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base
news.bitcoin.com

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive […]

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Michael Saylor Issues Golden Advice to Bitcoin Miners
u.today

MicroStrategy chairman pitches Bitcoin standard to miners

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Top Analyst Benjamin Cowen Says Ethereum Has Likely Bottomed Out Against Bitcoin – But There’s a Catch
dailyhodl.com

A widely followed crypto analyst believes that Ethereum (ETH) may have reached a market bottom against Bitcoin (ETH/BTC). In a new video update, crypto strategist Benjamin Cowen tells his 807,000 YouTube subscribers that ETH/BTC may have reached the cycle low at 0.04 BTC. However, he warns that based on historical precedence, there’s a chance that […]

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Daily Token Unlocks: The Subtle Drivers Of Inflation In Crypto Markets
nulltx.com

Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily unlock mechanism: – Worldcoin ($WLD): […]

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Pepe Unchained Surges to $8.7M in Presale as Layer-2 Meme Coin Gains Momentum
cryptopotato.com

Just when it looked like the meme coin craze was cooling off, along comes Pepe Unchained. This new Layer-2 project has raised over $8.7 million during its presale – leaving investors scrambling to get a piece of the Pepe Unchained (PEPU) action. Pepe Unchained – The Lightning-Fast Layer-2 Network for Meme Coins So, what’s all […]

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Binance Secures 19th Global Approval with Indian AML Registration
www.financemagnates.com

Binance, a virtual digital assets (VDA) infrastructure provider, has registered as a reporting entity with India’s Financial Intelligence Unit (FIU-IND). This marks Binance’s 19th global regulatory milestone. India Ranks High Globally The registration highlights Binance’s focus on complying with anti-money laundering (AML) standards in India and internationally. According to Chainalysis’ 2023 Global Crypto Adoption Index, […]

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Crypto influencers on notice after FTC bans fake likes and followers
cointelegraph.com

New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.

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Trump Memecoins Plummet Amid Kamala Harris’ Rising Popularity in US Presidential Race
crypto-economy.com

TL;DR Donald Trump-linked memecoins have plummeted following his interview with Elon Musk and Kamala Harris’s positive advance in the polls. The Kamala Harris-inspired memecoin, KAMA, has experienced a 16% increase over the past week. Although Kamala Harris has not publicly confirmed her support for cryptocurrencies, rumors about private meetings with experts in the sector are […]

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Ecuador's BCE reaffirms <b>cryptocurrency</b> ban amid Worldcoin expansion – Invezz
www.google.com

Worldcoin cryptocurrency project initiates basic universal income distribution in Ecuador. BCE designates US dollar as the sole legal tender in …

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FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch – Details
www.newsbtc.com

Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community.  The new Sonic Labs is poised to continue Fantom’s legacy as […]

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Three Arrows Capital Liquidators Want $1,300,000,000 From TerraForm Labs Over 2022 LUNA Collapse: Report
dailyhodl.com

Liquidators of the failed crypto hedge fund Three Arrows Capital (3AC) are reportedly seeking $1.3 billion from Terraform Labs, the bankrupt stablecoin firm co-founded by Do Kwon. According to a new report by Bloomberg, the liquidators filed a claim in the U.S Bankruptcy Court for the District of Delaware seeking funds 3AC allegedly lost as […]

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Bitcoin Could Crash to $48,000 if This Support Level Crumbles, Says Crypto Analyst
dailyhodl.com

A widely followed crypto analyst is laying out a scenario where Bitcoin (BTC) could dip back down below $50,000. In a new strategy session, crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that the crypto king could crash to $48,000 if its current support level falls apart […]

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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
news.bitcoin.com

Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, […]

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BlackRock Ethereum ETF Eyeing $1 Billion Flow Milestone, SHIB Finally Shows Signs of Potential Price Reversal, 465,657 ETH Burned in 2024: Crypto News Digest by U.Today
u.today

Read U.Today’s news digest to stay informed on the latest events in the crypto industry!

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Arkham: $1.95 Billion in Bitcoin Mobilised from Mt. Gox Wallet in Anticipation of Creditor Payouts
cryptonews.com.au

The Mt. Gox repayment plan, initiated earlier this year, might finally be drawing to a close after more than ten years. A wallet associated with Mt. Gox sent over US $2b worth of Bitcoin to an anonymous wallet, which data analysts Arkahm Intel believe belongs to exchange BitGo. BitGo is one of five exchanges tasked […]

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Bitcoin Miner Core Scientific Upsizes Senior Notes Offering to $400M
cryptopotato.com

Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued […]

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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
bitcoinmagazine.com

The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new SEC filing today, as first reported on X by MacroScope.  In an SEC filing today, the State of Wisconsin Investment Board reported owning 2,898,051 shares of the iShares Bitcoin Trust as of June 30 (valued at […]

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Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2
cointelegraph.com

44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.

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Whale Activity Signals Shifts In Blast Network Amid Rapid Growth And Challenges
nulltx.com

In a major move within the Blast Network, two addresses—likely controlled by the same whale—recently redeemed 6,197 ETH from the Blast cross-chain, transferring the entire sum, valued at $17.04 million, into Binance within the last hour. This whale, known for their significant contributions to the Blast ecosystem, initially invested 39,886.1 ETH during Blast’s launch, an […]

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Bitget Taps Ex-Binance Legal Chief in Push for Regulatory Compliance
www.financemagnates.com

Cryptocurrency exchange Bitget has announced the appointment of Hon Ng as its new Chief Legal Officer (CLO). The move comes as the company seeks to strengthen its regulatory compliance and global expansion efforts. Bitget Bolsters Legal Team Ng, a seasoned legal professional with over two decades of experience, joins Bitget from Binance, where he served […]

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Republicans claim betrayal as <b>cryptocurrency</b> PAC backs Democrats – NBC News
www.google.com

A leading pro-cryptocurrency political group has dumped millions of dollars into high-profile Michigan and Arizona Senate races to back Democrats …

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