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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
[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...Read More
[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...Read More
[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...Read More
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...Read More
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,...Read More
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...Read More
Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities...Read More
Wallets linked to the CoinStats exploiter recently moved almost $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. The latest development comes less than a week after the leading crypt tracker said that investigations are underway. Tornado Cash Inflow Blockchain security firm CertiK flagged that two wallets associated with the CoinStats exploit...Read More
[PRESS RELEASE – Brussels, Belgium, July 10th, 2024] SKALE is enhancing scalability and efficiency for over 10 million monthly active users, solidifying its position as one of the world’s most efficient blockchains. SKALE, the gas-less EVM-compatible modular blockchain network, today launched the Pacifica V3 upgrade which accelerates block mining speed by 108% and increases transaction...Read More
Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. ETH2 Staking Milestone According to the data shared by...Read More
[PRESS RELEASE – San Francisco, United States / California, July 10th, 2024] Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions Agoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across...Read More
[PRESS RELEASE – Paris, France, July 10th, 2024] The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 10th, 2024] Bybit, the world’s second-largest crypto exchange by trading volume, continues to lead the digital asset revolution with CEO Ben Zhou’s influential presence at the Point Zero Forum 2024 in Zurich, Switzerland. This prestigious annual event brings together visionaries in finance, policy, and technology to shape...Read More
With the crypto market sustaining above the $2 Trillion cap, Bitcoin and altcoins are paving the way for a new bull run. As the broader market recovery continues to gain momentum, these Solana-based altcoins are posed for massive gains. While the Solana network gives recovery signals and the SOL token aims to surpass $150, the...Read More
[PRESS RELEASE – Vilnius, Lithuania, July 10th, 2024] WhiteBIT CUP 2024 is a groundbreaking event in the crypto world, celebrated for its uniqueness and exclusivity. This event not only highlights WhiteBIT’s innovative approach but also marks a significant milestone in expanding business connections and penetrating international markets. It showcases WhiteBIT’s ability to create exceptional and...Read More
The investment bank’s crypto division, Zodia Markets Ltd., is discussing acquiring part of Elwood Capital Management Ltd. The firm is backed by billionaire hedge fund manager Alan Howard, and the deal is expected to be completed this month, according to a July 9 Bloomberg report citing people familiar with the matter. Elwood Capital offers over-the-counter...Read More
Paxful’s co-founder and former chief technology officer (CTO), Artur Schaback, pleaded guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program as required by the Bank Secrecy Act. In a statement, the US Department of Justice’s (DOJ) Office of Public Affairs revealed that Schaback failed to collect necessary KYC...Read More
Analysts say that Solana ETFs are expected to have a final decision deadline around mid-March 2025. This follows the Chicago Board Options Exchange (CBOE) filing applications on Monday to list VanEck and 21Shares’ proposed ETFs. Mid-March Decision Deadline Bloomberg ETF analyst Eric Balchunas noted that Solana ETFs are expected to have a final deadline of...Read More
In January 2018, XRP hit an all-time high of $3.317. Since then, it has never come close to that price again. We have been observing for a long time that the SEC vs. Ripple case has halted XRP’s growth. XRP has a lot of community support, but it just needs regulatory backing now. The legal...Read More
DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). The new spot Bitcoin ETF, under the ticker “BTXX,” will start trading on Friday, July 12, 2024, at 10:00 AM AEST. DigitalX Teams Up with K2 Asset Management and...Read More
[PRESS RELEASE – Los Angeles, United States, July 9th, 2024] Phoenix Memecoin ($PHNX) is gaining attention for its unique combination of innovative technology and a strong, community-oriented approach. About Phoenix Memecoin ($PHNX) Phoenix Memecoin ($PHNX) is a new cryptocurrency designed to symbolize rebirth and innovation within the crypto world. Supported by a dedicated and rapidly...Read More
[PRESS RELEASE – Georgetown, Cayman Islands, July 9th, 2024] The DeFi.Gold team is thrilled to announce the launch of two memecoins, Flurbo and Schmeckle, in partnership with DeFi.Gold. These projects are bringing their Bitcoin Runes tokens to the forefront, aiming to revolutionize the crypto space with a unique twist. These twin currencies are set to...Read More
Bloomberg ETF analyst Eric Balchunas predicted on X that July 18 would be the “best guess” for the spot Ethereum ETF launch. This comes after the Securities Exchange Commission (SEC) issued S-1 amendments, which required companies to amend their registration statements and submit their applications. Balchunas Notes Minimal Changes in Latest Filing In the latest...Read More
