The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Brazil’s Second...Read More
After a strong 3.7% of green 4-hour engulfing candle, Bitcoin (BTC) once again reached its crucial level near $62,000. However, this is the fifth time BTC has reached this level in the last 15 days, and each time it has faced massive selling pressure, resulting in a significant drop in BTC’s value Bitcoin’s Upcoming Levels...Read More
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term...Read More
Terraform Labs (TFL) – the bankrupt cryptocurrency firm co-founded by Do Kwon – is set to face a Chapter 11 bankruptcy reorganization hearing on September 19. The hearing will be crucial in shaping the company’s future as it navigates the aftermath of the Terra ecosystem’s dramatic collapse in 2022, which triggered extensive legal and financial...Read More
Rumors are swirling online that Kamala Harris wants to introduce an unrealized capital gains tax if elected President – a move that could theoretically tear up the profits of crypto investors. But some key details are missing from the public conversation – namely that the tax wouldn’t apply to the vast majority of investors. Kamala...Read More
[PRESS RELEASE – Tallinn, Estonia, August 21st, 2024] Crypto gambling has grown in popularity and adoption since its introduction in 2012. Today, the segment’s worth far outnumbers hundreds of millions of dollars. CasinoRIX unveils the 2024 Crypto Gambling Stats, to make the data more precise. Key Crypto Gambling Statistics in 2024 CasinoRIX researchers unveil info...Read More
The TON blockchain recorded yet another milestone as the number of active addresses on the project’s Masterchain has surged to an all-time high of 946 daily. According to CryptoQuant’s latest analysis, this marks a more than sevenfold increase since July 2021, highlighting the growing popularity and adoption of the network. New Milestone for TON While...Read More
[PRESS RELEASE – Victoria, Seychelles, August 21st, 2024] Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce that it has achieved ISO 27001:2022 certification. This well-recognized certification, awarded by the International Standard Organization (ISO), shows Bitget’s efforts in maintaining the highest standards of information security. ISO 27001:2022 is an internationally recognized standard...Read More
The Tron Network has recorded a sharp spike in its volume over the past few days, highlighting increased bullish sentiment for its ecosystem. Further, the TRX price has added over 27% in the past week. This indicates a positive outlook for it in the coming time. Following this, altcoins built on the Tron chain have...Read More
Stablecoin issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED), marking an expansion in its portfolio of digital assets. Developed in partnership with UAE-based tech conglomerate Phoenix Group PLC and supported by Green Acorn Investments Ltd, this project will leverage the UAE’s regulatory framework for Payment Token Services....Read More
Following the cycle low in November 2022, capital has progressively shifted towards the leading cryptocurrencies at the top of the digital asset risk curve. Bitcoin, for one, has seen its dominance expand once again as a certain cohort of holders continued to support the growth. However, the same cannot be said for other crypto assets....Read More
A new Pre-Launch futures contract for DOGS (Dogs) – DOGSUSDTQ24 – is now available to trade on BitMEX. The new listing is margined in Tether (USDT) and offers up to 2x leverage so you can long or short DOGS before it’s listed on spot exchanges. Trading for DOGSUSDTQ24 started here at 10:00 UTC on 21...Read More
[PRESS RELEASE – New York, United States, August 21st, 2024] Conflux Network, China’s only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation’s largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile’s digital content division. Conflux Network and China Mobile will...Read More
[PRESS RELEASE – Singapore, Singapore, August 21st, 2024] The landmark milestone marks the start of a new era for Bitcoin’s utility Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. Also announced is...Read More
The bankrupt Mt. Gox Bitcoin exchange transferred 13,265 BTC worth around $784 million on Aug. 21, according to Arkham Intelligence. 12,000 BTC were then directed to a new address, while the remaining 1,265 went into a cold wallet associated with Mt. Gox. It is the first major movement of BTC by the exchange trustee in three...Read More
The price of ether (ETH) has plummeted more than 20% in the past month despite the launch of spot Ethereum exchange-traded funds (ETFs) in the United States. Since their inception, the funds have witnessed substantial outflows, further weakening ether’s price. According to the latest edition of the Bitfinex Alpha report, Ethereum ETFs have failed to...Read More
