August 3, 2024

Crypto Frenzy: Hamster Kombat’s Potential Binance Listing and What It Means

The world’s largest cryptocurrency exchange, Binance, has hinted at something big by adding Hamster Kombat ($HMSTR) to its platform. This news has thrilled the crypto community, sparking curiosity and enthusiasm among traders and investors. The Hamster Kombat community has been eagerly waiting for the airdrop and exchange listing. Listing on Binance After its recent listing...
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California DMV Digitizes 42 Million Car Titles with Avalanche Blockchain

California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm Oxhead Alpha. California DMV to Digitize Car Titles According to an Avalanche blog post, users will soon...
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Bitcoin to Hit $350,000? VanEck CEO Predicts Explosive Growth!

Jan van Eck, the CEO of VanEck, recently made some bold predictions about Bitcoin. He thinks Bitcoin might hit $350,000 in a near future. What makes him think that? Van Eck says Bitcoin could reach half of gold’s total market value. He also thinks Bitcoin’s future could be even brighter, with a potential price of...
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BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme

The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout and its native token BTCLT. The securities regulator’s complaint revealed that Al-Naji raised over $257 million through unregistered offers and sales of BTCLT in November...
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$530K Stolen: ZachXBT Links Convicted Hacker’s Role in Sydney Sweeney, Bob Odenkirk X Hacks

Prominent on-chain sleuth ZachXBT has recently uncovered compelling evidence linking convicted UK hacker Gurv – whose real name is Gurvinder Bhangu – to the recent compromises of American actress Sydney Sweeney’s and ‘Breaking Bad’ actor Bob Odenkirk’s X accounts. This resulted in over $530,000 stolen through Solana meme coin scams. SWEENEY Pump and Dump On...
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This is Why Bitcoin Could See Less Selling Pressure From Miners: CryptoQuant

Bitcoin (BTC) could be seeing less selling pressure from miners in the near term due to an increase in the profitability of this cohort of market participants and the recovery of their hashrate following the cryptocurrency’s rally to the $69,000 range. According to a CryptoQuant report, the Bitcoin network hashrate recovered while BTC had its...
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Top Altcoins to Buy in August for 10x Profits

Despite the crypto market’s signals of a potential intense pullback, the market is likely to turn around in the coming weeks. Further, the potential upcycle in Bitcoin from $60,000 could kickstart the next altcoin rally.  Witnessing an intense correction phase during the market pullback, the altcoin segment could outperform top names if the market recovers....
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Bitcoin, Ethereum ETF Weekly Recap: Substantial Outflows Amid Pessimistic US Economy Outlook

The second week of trading for the spot Ethereum ETFs saw again more withdrawals than inflows, perhaps driven by the uncertainty in the US economy. The spot Bitcoin ETFs also closed the business week on the wrong foot, with nearly $240 million leaving the financial vehicles. Data from FarSide shows that Fidelity’s FBTC was the...
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Margex Announces Integration of TON (Toncoin) for Deposits and Withdrawals

[PRESS RELEASE – Victoria, Seychelles, August 2nd, 2024] Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce Margex TON (Toncoin) deposit and withdrawal. TON (Toncoin) has become a revolutionary blockchain technology that aims to bring something unique into the cryptocurrency ecosystem. TON, a native token of “The Open Network,”...
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Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year

Toronto-based Bitcoin mining company Bitfarms announced that its operational hash rate reached 11.1 EH/s by the end of July, marking a 109% year-over-year increase and a 7% rise month-over-month. The average operational hash rate for the month was 10.3 EH/s, up 36% from June. Despite a 1% decline in Bitcoin per EH/s due to a...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%