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Daily Crypto Update: Correction stance stands with minimal grace
24.7.2024
The week has not been favorable for the crypto market as it continues to showcase bearish tendencies. Ever since Biden made a surprising exit from the presidential race, the financial market has remained uncertain. Even the stablest cryptocurrencies, such as Bitcoin and Ethereum, are gradually...
Ferrari to launch crypto payments in Europe after US success
24.7.2024
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with a major local payments provider, BitPay
Ferrari to launch crypto payments in Europe after US success
24.7.2024
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with major local payments provider BitPay
Airdrop success propels Bitget wallet to second most popular in Japan
24.7.2024
Web3 wallet usability remains a key hurdle for mass crypto adoption, according to Bitget Wallet's COO
Airdrop success propels Bitget wallet to second most popular in Japan
24.7.2024
Web3 wallet usability remains a key hurdle for mass crypto adoption, according to Bitget Wallet’s chief operating officer
2025 EU Crypto Landscape: MiCAR, TRF, and DORA Explained
24.7.2024
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational Resilience Act (DORA), will...
Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale
24.7.2024
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies...
CryptoSlam founder says new SlamNet ecosystem aims to solve Web3 fragmentation
24.7.2024
CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform
dYdX v3 website recovers after DNS attack, users warned to delete cache
24.7.2024
The exchange warned users to clear their browser’s cache before visiting the website to avoid accidentally caching the compromised version
US Vice President Kamala Harris Reportedly Mulling Bitcoin 2024 Conference Appearance
24.7.2024
Kamala Harris, Vice President of the U.S. and favorite to be nominated as a Democratic candidate for the presidency, is mulling making an appearance at the upcoming Bitcoin 2024 Conference where former President Donald Trump will also appear. David Bailey, CEO of BTC Inc., the institution behind...
Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
24.7.2024
Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed
ETH traders should now ‘expect the unexpected’ after ETF launch
24.7.2024
Crypto analysts argue past performance won’t help predict Ether’s prices anymore and that Ether has “all the elements to rally like it has never seen before.”
ETH traders should ‘expect the unexpected’ after ETF launch
24.7.2024
Crypto analysts argue that past performance won’t help to predict Ether’s prices anymore, and Ether has “all the elements to rally like it has never seen before.”
Marathon Digital Ordered to Pay $138M for Contract Breach
24.7.2024
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which...
What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?
24.7.2024
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration...
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
24.7.2024
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final...
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy
24.7.2024
A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...