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Zimbabwe Injects $50M in Forex Market to Stabilize Currency

27.7.2024
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than the official rate, causing economic instability....

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

26.7.2024
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S

Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before Election

26.7.2024
According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant...

July Week-5 Crypto Outlook: BTC, ETH, & SOL on the Radar

26.7.2024
Recent events have drawn attention to the cryptocurrency markets like never before. As the drama continues to grow, our beloved crypto Bitcoin, Ethereum, and Solana continue to react. Amid the volatile US political landscape and the market moving in a channel waiting for a breakout, the crypto...

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

26.7.2024
According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor...

Report: Kamala Harris Team’s Crypto Outreach, Pro-Crypto Stance in Horizon?

26.7.2024
The U.S. Presidential elections have turned into a drama series with new plot twists every week, and somehow, crypto seems to be at the center of all the drama. Earlier today, Barrack and Michelle Obama officially endorsed Kamala Harris for POTUS. This has become a crypto election with the likes...

US Senator Bill Hagerty Voices Favor for Bitcoin and Crypto

26.7.2024
One of the most important points of focus in the US Presidential race has been the policy of both parties regarding Bitcoin and cryptocurrencies. The Trump administration has repeatedly vocalized its support for digital assets, and its supporters have enunciated the same. This included Senator Bill...

Grayscale Moves 110k Ethereum Worth $358M to Coinbase Prime

26.7.2024
Finally, we have the Ethereum ETFs live and trading in the U.S. after a much-anticipated debut due to the interferences of our beloved SEC. But things are a little worrisome for one particular entity offering the latest Investment Asset. Within the last hour, Grayscale has transferred 110,867...

Ledger Unveils Second New Wallet of 2024

26.7.2024
"Ledger Flex", like the Stax wallet which launched in May, incorporates touchscreen technology to "redefine the experience of self-custody," CEO Pascal Gauthier said

bitFlyer Acquires FTX Japan, Plans New Crypto Business

26.7.2024
According to a tweet, bitFlyer Holdings has completed its acquisition of the defunct crypto exchange FTX’s Japan arm. bitFlyer Holdingsは本日、FTX Japanの発行済株式100％の取得を完了しましたのでお知らせいたします。 これによりFTX Japanは当社の完全子会社となりました。 今後は8/26までに社名を変更し、新たにクリプトカストディ事業を展開する予定です。詳しくはこちら。https://t.co/Ks1aexAFLm...

Binance Completes Render Token Swap & Rebranding

26.7.2024
The largest crypto exchange, Binance, has completed the Render (RNDR) token swap and rebranded to Render (RENDER). This is part of Binance’s ongoing efforts to streamline and improve its token offerings.  According to official reports, “Deposits and withdrawals for the new RENDER tokens...

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market 

26.7.2024
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory...

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