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Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
19.7.2024
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more
Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
19.7.2024
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
19.7.2024
Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company...
Creating BTC Growth Points: GoMining Vision
19.7.2024
From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world, Bitcoin has been on quite a journey. The most recent “earthquake” was the 2024 bitcoin halving, which has forced companies to adapt to a new mining landscape....
Bitcoin oversold after German gov’t sell-off — ARK Invest
19.7.2024
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark
Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
19.7.2024
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera,...
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
19.7.2024
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country's Bitcoin holdings for the party's goals
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
19.7.2024
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal...
Hamster Kombat Continues Rising in Pre-Market Trading as New P2E Token Shiba Shootout Raises $700k
19.7.2024
The meme coin market has flipped bullish again over the past week. Hamster Kombat (HMSTR) is doing well in pre-market trading, leaving traders buzzing about its upcoming exchange launch. Meanwhile, everyone’s wondering if Shiba Shootout (SHIBASHOOT), the new Wild West-themed meme coin, can match...
KPMG Establishes Strategic Alliance With Cryptio
19.7.2024
KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software platform. This collaboration aims to help companies establish controls for better accounting of crypto assets, meeting US GAAP accounting and reporting obligations....
Bitcoin bulls charge toward $66K as BTC price eyes new 1-month high
19.7.2024
Bitcoin wakes up at the Wall Street open with bulls in the driving seat for another snatch at the highest BTC price levels since mid-June
Senator Cynthia Lummis: Trump recognizes Bitcoin’s potential as a savings technology – Will Bitcoin hit $80k?
19.7.2024
In a recent report in Bitcoin Magazine, U.S. Senator Cynthia Lummis indicated that former President Donald Trump sees Bitcoin’s promise as a stored-value technology. According to Lummis’s remarks, Bitcoin could shape significant future political landscapes and point to the emergence...
Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
19.7.2024
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that...
HTX Is Latest Exchange to Integrate Fireblocks
19.7.2024
Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial...
MAGA memecoin hints at another 'Trump pump' ahead of Bitcoin 2024 conference
19.7.2024
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville
TON’s Teleport BTC bridge will be ‘highly resistant’ to private key compromises
19.7.2024
TON Foundation marketing director Jack Booth explained that the protocol will ensure that private keys are not created or held by a single party
First Mover Americas: Bitcoin Trades at $64K as Biden Withdrawal Likelihood Increases
19.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto market faces structural weakness: Binance report
19.7.2024
Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging
South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform
19.7.2024
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed...
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
19.7.2024
XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged