July 18, 2024

Vitalik Buterin Urges Crypto Community to Look Beyond Pro-Crypto Stance in Political Support

Ethereum co-founder Vitalik Buterin has advised against basing political support solely on a candidate’s pro-crypto views. He emphasized the importance of broader values such as individual freedoms and technological advancement, warning that a narrow focus on cryptocurrency could undermine the principles that inspired the industry’s movement. Broader Perspective Buterin highlighted that the current trend of...
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ICP Bulls Set to Explode: Can They Smash Through the $10 Barrier?

Hold onto your hats, folks! The ICP price is on a wild ride, and it’s retesting last month’s critical low of $10. This is no ordinary level—it’s a major hurdle that could either make or break the bulls. The excitement is palpable, with a staggering 25% spike in trading volume to $158.24 million in just...
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Bankrupt Crypto Lender BlockFi to Commence Repayments This Month 

Bankrupt crypto lender BlockFi announced a significant step in its effort to repay its clients. In an X post on Wednesday, the lender noted that the first interim distribution of funds to clients through Coinbase will begin this month. According to BlockFi, the interim distribution will commence in July and will be processed in batches...
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DeFi Technologies (DEFTF) Buys Another $6 Million in Bitcoin, Doubles BTC Holdings

DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in...
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Charles Hoskinson Warns: Biden Victory Equals Demise for US Crypto Sector

Charles Hoskinson, the co-founder of Input Output Global (IOG) and the Cardano blockchain platform, believes that re-electing President Joe Biden is a vote for the death of the American crypto industry. While strongly refuting Ethereum co-founder Vitalik Buterin’s stance on political engagement, Hoskinson advocated for a more aggressive approach to safeguarding the industry while simultaneously...
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Spot Ethereum ETF Race Intensifies as Issuers Prepare for Imminent Launch

ETF issuers are making their final preparations to launch spot Ethereum-based products in the United States next week. On July 18, ETF Store president Nate Geraci noted that the final S-1s were in from prospective spot ETH ETF issuers. The Form S-1 is the initial registration form for new securities required by the SEC for public...
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BNB Chain Announces Q3 2024 “Become A Champion Builder” Hackathon

[PRESS RELEASE – Taiwan, Taiwan, July 18th, 2024] BNB Chain is thrilled to unveil the Q3, 2024 hackathon themed “Become A Champion Builder” hackathon. Projects have the chance to win $500,000+ in rewards. Quarterly sponsors of the hackathon include StakeStone, Myshell, Hacken.  BNB Chain is thrilled to unveil the “Become A Champion Builder” hackathon, set...
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Why The Mt. Gox Impact on BTC Markets Is Overestimated

On July 17, the founder and CEO of on-chain analytics firm CryptoQuant told his 355,000 X followers that the Mt. Gox FUD is overestimated. He referenced a growth rate chart stating that Bitcoin market capitalization increase is outpacing realized capitalization growth, “showing strong demand.” Since last year, $224 billion in Bitcoin sold, yet prices are...
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Hackers Drain $235M From Indian Exchange WazirX, WRX Plunges 15%

Unknown bad actors have drained hundreds of millions worth of cryptocurrencies from the leading Indian digital assets exchange Wazirx, following a breach in the platform’s wallet security. A tweet by blockchain security firm Cyvers Alerts revealed that $234.9 million of WasirX’s funds were moved to a new address, and the caller of each transaction is...
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This Declining Bitcoin Metric Could Actually Signal Bullish Future for BTC Price: Santiment

Bitcoin briefly touched $66,000 as it continued its recovery after a rough couple of weeks. Despite this bounce-off, data reveals that certain investors are still reluctant to come back as they seem to believe “the March ATH was as good as it’s going to get in 2024.” Interestingly, Santiment suggests the potential for a rebound...
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OKX to Discontinue Services in Nigeria, Here’s What Users Need to Know

Leading crypto exchange OKX has announced the discontinuation of its services in Nigeria, citing recent regulatory changes. According to emails sent to OKX’s Nigerian users, customers have until August 30 to withdraw their assets from the exchange, as any remaining balances on the platform will become subject to restrictions afterward. OKX Ends Services in Nigeria...
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Trump Set to Launch Fourth NFT Collection, Citing Public Interest

Former U.S. President Donald Trump plans to release a fourth NFT collection after the success of his previous three, which quickly sold out in a day. In a Tuesday’s Bloomberg Businessweek interview, Trump said people are asking for a fourth one, citing their “unbelievable spirit.” Trump Warns China Could Dominate Crypto Market In May, at...
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Bitcoin (BTC) $ 96,248.79 1.40%
Ethereum (ETH) $ 3,274.15 5.15%
Tether (USDT) $ 0.998562 0.49%
Solana (SOL) $ 244.74 2.82%
BNB (BNB) $ 612.20 0.52%
XRP (XRP) $ 1.11 1.51%
Dogecoin (DOGE) $ 0.381054 2.95%
USDC (USDC) $ 0.996392 0.55%
Lido Staked Ether (STETH) $ 3,275.11 5.16%
Cardano (ADA) $ 0.775939 7.31%