July 11, 2024

Donald Trump to Take Stage at Bitcoin Conference This Month

The former United States president and current Republican presidential candidate, Donald Trump, is set to speak at one of the largest crypto events this month. A tweet by the official Bitcoin Conference X account revealed Thursday that Trump will be one of the speakers at the event, which is scheduled for July 25 to 27...
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Bitcoin Faces Unseen Forces: Why BTC Stuck Below $58K?

Bitcoin’s price has been stuck below $58,000 for a long time. Despite being in a bull market, Bitcoin isn’t moving up, and both market and non-market factors are to blame. Impact of US CPI The US Consumer Price Index (CPI) rose by 3% in June. Analysts see this as a bullish signal for Bitcoin, but...
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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor, announced that it will soon undergo a 10-for-1 stock split. The action will make it far more affordable for smaller investors to gain minimal exposure to MSTR, which left them in the dust during its early-year rally alongside...
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ARG Token Value Soars as Argentina Advances to Copa America Final

Argentina’s advance to the Copa America finals has almost doubled the market value of the country’s fan token, ARG. The token’s price has increased by over 65% in the last 24 hours, making it the second-largest soccer coin by market value. ARG Token Soars by Over 65% According to CoinGecko data, the price of the...
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SEC Drops Investigation Into Paxos For BUSD Stablecoin

Paxos – the blockchain infrastructure platform behind the Binance USD (BUSD) stablecoin – announced on Thursday that regulators have forfeited their investigation into the firm concerning its dollar-pegged tokens. The result represents a major legal victory for crypto at large, where thick fog has surrounded the legal classification and regulatory treatment of stablecoins. Paxos Prevails...
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Bitcoin, Ethereum, Cardano Rebound From Market Lows, Analyst Says Increase Will Continue

Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) were listed as some of the biggest losers in the metaverse this past month. However, these tokens ended the last week on a good note, and analysts believe this new trend will continue. ETFSwap (ETFS) has also enjoyed a steady run as its presale raises millions. Important Indicator...
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Sell-Off by Small Bitcoin Traders Contrasted by Increasing Whale and Shark Holdings

Bitcoin has experienced its most significant decline in the current cycle and is currently trading at over 25% lower than its all-time high. Data also suggests that BTC’s current dip period has sparked contrasting behaviors among investors with whale and shark wallets, depicting a different pattern than the smaller holders. Bitcoin’s Big Wallets Increasing The...
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GoldenDolphin Presale: A New Opportunity in Multichain Memecoin

[PRESS RELEASE – Dubai, United Arab Emirates, July 11th, 2024] GoldenDolphin, a new cryptocurrency project, has announced the official launch of its presale on July 14th. This follows a successful private sale that garnered significant interest and contributions from the cryptocurrency community. The project has also reached over 10,000 members across its Telegram groups, reflecting...
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Polkadot Decoded 2024: Uniting Innovators in Blockchain Technology

[PRESS RELEASE – Brussels, Belgium, July 11th, 2024] Network with Top Developers and Investors at Brussels’ Premier Event Venue The flagship event of the Polkadot ecosystem, Polkadot Decoded, returns and will take place in one of Brussels’ most renowned event venues, The Sheds at Tour & Taxis on July 11th and 12th, 2024. Polkadot Decoded...
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Zero Hash Integrates Sui Blockchain Accessibility

[PRESS RELEASE – Grand Cayman, Cayman Islands, July 11th, 2024] Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced that its platform customers can now enable the SUI token from Sui, the Layer 1 blockchain in permitted jurisdictions. Sui was designed with the objective of providing unparalleled speed, security, and scalability. It achieves near...
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Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks

On July 11, the on-chain analytics platform Lookonchain identified a large deposit and withdrawal of ETH from Elwood Technologies to and from Binance. The Elwood-linked address deposited 26,811 ETH worth around $83 million to Binance over the past three days. The entity also withdrew 24,463 ETH worth around $76 million from the centralized exchange over...
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DeFi Pioneer Compound Finance Falls Victim to Domain Hijacking

On July 11, blockchain security firm PeckShield reported that the website of Compound Finance (compound[.]finance) had been compromised. “Do not interact with the website until further notice,” it warned. The incursion was also reported by blockchain sleuth ‘ZachXBT’ on his investigations Telegram channel. The Compound Finance website seems to “potentially be hijacked,” he said before adding,...
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Crypto Exchange BitMEX Pleads Guilty to Violating Bank Secrecy Act

On Wednesday, the U.S. Department of Justice (DOJ) announced that BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA). According to newly published court documents, the exchange failed to implement an adequate know-your-customer (KYC) and anti-money laundering (AML) program from September 2015 to September 2020. BitMEX’s Guilty Plea During this period, the Commodity...
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Bitcoin (BTC) $ 97,042.00 4.16%
Ethereum (ETH) $ 3,139.74 0.57%
Tether (USDT) $ 1.00 0.07%
Solana (SOL) $ 242.09 1.86%
BNB (BNB) $ 612.54 0.36%
XRP (XRP) $ 1.12 2.43%
Dogecoin (DOGE) $ 0.385872 1.80%
USDC (USDC) $ 1.00 0.04%
Lido Staked Ether (STETH) $ 3,138.39 0.54%
Cardano (ADA) $ 0.78149 1.77%