Fundstrat Head of Research Tom Lee believes hopes of a Trump election victory in November could boost asset prices – and that includes Bitcoin. “When the market becomes more convinced of that, you’ll see cyclicals, small caps, and bitcoin do better,” he told CNBC on Thursday, “because those are clear policy differences.” The Bitcoin Trump...Read More
Binance plans to hire 1,000 new employees this year, with a substantial focus on compliance roles. A large portion of these hires is specifically aimed at expanding the company’s compliance team from its current 500 members to 700 by the end of 2024. CEO Richard Teng, who is currently in the US for discussions with...Read More
Bitcoin’s developer community has spent several months singing the praises of OP_CAT – a proposed soft fork change that many believe is Bitcoin’s next evolution. BitVM creator Robin Linus has his reservations, however, publishing an article on Thursday debunking perceived misconceptions about the widely touted change. Is OP_CAT the Future of Bitcoin? The developer’s post...Read More
According to data from Soso value, Grayscale’s Bitcoin Mini Trust contributed the bulk of the total amount with $14.2 million in net inflows. It is closely followed by Fidelity’s FBTC and Bitwise’s BITB, with $10.7 million and $10 million in inflows, respectively. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded...Read More
[PRESS RELEASE – Astana, Kazakhstan, August 22nd, 2024] 1MarketMakers are launching a new service – 1MM Startup Kit, which will assist startups entering the market. According to the team, to remain competitive in the market, blockchain startups must now adhere to traditional business principles. It’s not enough to simply activate a bot for automated liquidity...Read More
[PRESS RELEASE – San Francisco, United States, August 22nd, 2024] Topper stands out as the premier onramp solution in the crypto space due to its unique combination of ease-of-use, high approval rates, and broad asset support. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, has announced a partnership with Argent, the leading...Read More
On August 22, 2024, Binance, the world’s biggest cryptocurrency exchange announced to launch of the Solana-based meme coin Popcat (POPCAT) perpetual contracts. Following this announcement, a crypto Whale withdrew 39,816 SOL worth $5.73 million from Binance and bought nearly 10 million POPCAT tokens. Whale Buying POPCAT Amid Listing Announcement This crazy buying signals that POPCAT...Read More
McDonald’s Instagram page was reportedly hacked on August 21, leading to a significant scam involving a Solana-based meme coin. The perpetrators exploited the fast-food chain’s social media account to promote a fraudulent token named “Grimace,” referencing one of McDonald’s fictional characters featured in its advertisements. Bubblemaps’ findings reveal that the hacker acquired 75% of the...Read More
Tron is currently seeing historic levels of trader interest on the backdrop of a newly launched meme coin deployer and price pump. According to Santiment, TRX has emerged as the top trending asset in the crypto market, fueled by the debut of – SunPump – on August 12th. Tron’s Meme Coin Boom Since the launch,...Read More
There has been a significant shift in the Layer 2 network landscape lately, with Coinbase-incubated Ethereum Layer 2 network Base rapidly gaining ground. According to the latest findings by IntoTheBlock, Base now boasts nearly 40% more daily active addresses compared to the combined total of rival Layer 2 networks – Arbitrum and Optimism. Base’s Increased...Read More
In a post on X on Aug. 21, Bitwise chief investment officer Matt Hougan said that Bitcoin ETFs are being adopted by institutional investors “faster than any other ETF in history.” He noted that spot Bitcoin ETFs “are the fastest-growing ETFs of all-time,” having amassed $17.5 billion in net flows since launching in January. Hougan...Read More
[PRESS RELEASE – Singapore, Singapore, August 22nd, 2024] Bitunix, the fastest-growing cryptocurrency derivatives exchange, is committed to providing its users with the highest level of security. As part of its dedication to safeguarding user assets, Bitunix has forged strategic partnerships with industry leaders and implemented comprehensive security measures. Security through Strategic Partnerships Understanding that the...Read More
Tomorrow, a new perpetual contract listing – SUNDOGUSDT – featuring Sundog, the new Tron memecoin – will be available to trade on BitMEX, with up to 50x leverage. Trading for SUNDOGUSDT will start at 04:00 UTC on 23 August 2024. You will be able to trade the new contract here. For the lowdown on the...Read More
With the altcoin market gaining momentum, the DeFi and dog-themed memecoins are preparing for a moonshot. The underlying increase in meme coins reveals a surge in FOMO sentiments, potentially fueling the next stage of the bull run. Further, with the Bitcoin price back at $60,000, will meme coins reach new all-time high levels this week?...Read More
[PRESS RELEASE – WILLEMSTAD, Curacao, August 22nd, 2024] BC.GAME, one of the largest iGaming platforms by game variety, has introduced Coco Rush, a fresh mini-app game now available on Telegram. This free-to-play casual game offers users the opportunity to earn cryptocurrency rewards by competing in leaderboard battles and completing various tasks within the game. BC.GAME...Read More
On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on exchanges. He noted that things have been bearish until the start of August due to an influx of around 100,000 BTC from the German and US governments selling and Mt. Gox distributions. He added that...Read More
[PRESS RELEASE – London, United Kingdom, August 21st, 2024] Expansion Enables Greater Access to Liquidity and New Institutional Use Cases Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of...Read More
On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker likely used a phishing tool known as Inferno Drainer to gain access to the whale’s externally owned account (EOA). Inferno Drainer Phishing Attack The incident...Read More
