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Nalezeno "CryptonewsZ": 23937

Daily Crypto Update: Top coins in red while meme coins rejoice

2.8.2024
The crypto market ended Thursday on a shifty note, with most top coins trading in the red zone. At the top, Bitcoin found some solace after gaining 0.25% in the past 24 hours. However, the rest of the top coins, barring BNB and ADA, ended the day losing a notable portion of value. Conversely,...

MicroStrategy Adds 169 Bitcoin Worth $11.4 Million in July 2024

2.8.2024
MicroStrategy Incorporated (NASDAQ: MSTR) has revealed its Q2 2024 financial report, which states the company saw a substantial increase in its Bitcoin holdings. This quarter, the company has acquired a significant amount of Bitcoins, reflecting 12,222 in total and averaging $65,882 per bitcoin...

Filecoin’s Price Dips 55% in Q2, but TVL Hits All-Time High

1.8.2024
Filecoin (FIL) did not have the best quarter in terms of network performance, with the exception of growth in a few sectors. The broader market’s bearishness and the theory of “sell in May and go away” seem to have caused the decline in growth. Filecoin Succumbs to Skepticism A report released...

SHIB Price Dips to New Lows; Can the $0.000015 Support Hold?

1.8.2024
With the sell-the-news cycle following the Ethereum ETF debut on July 22, bearish traders have quickly moved to invade Shiba Inu’s short-term momentum. This elevated volatility surrounding the ETF’s arrival caused crypto financiers to become more skeptical about Ethereum-based assets...

Montenegro Court Extradites Do Kwon to South Korea, not US

1.8.2024
Reports show that the Montenegrin appeals court has upheld a ruling by a lower court to hand over Do Kwon to South Korea. The South Korean mogul, often known as “the cryptocurrency king,” will serve time in his native country, not the United States.  Do Kwon extradited to his native South Korea...

Kamala Harris Attending Permissionless III Sparks Controversy

1.8.2024
The crypto community has wrapped up the Bitcoin 2024 Conference and is now headed for another conference: the Permissionless III Conference, to be held on October 9-11, 2024. However, there is conflict about inviting presidential candidates to the conference and what their role is supposed to...

Rise of Tap-to-Earn Games on Telegram; Hamster Kombat & More

1.8.2024
The recent launch of Lost Dogs Games on Telegram has quickly garnered attention. This innovative tap-to-earn game, built on The Open Network (TON) and integrated with NFTs, allows players to collect and breed virtual dogs, earning Woof tokens. Within weeks, the game attracted thousands of users...

Fed’s Dovish Stance Doesn’t Lift Crypto; Markets Wary of ETH ETF Outflows

1.8.2024
Recent Federal Reserve decisions to keep interest rates unchanged had a negative impact on overall crypto market conditions. The report showed potential rate changes from September. Short-Term Pressures vs. Long-Term Potential According to a recent report by QCP Broadcast, the Federal Open Market...

July Witnessed 16 Crypto Hacks Resulting in $266M Losses

1.8.2024
Crypto hacks go hand in hand with the market bull run. July saw a market spike, with Bitcoin hitting $50 shy of $70,000. In addition, the United States SEC also gave Ethereum ETFs a trading greenlight. With such a positive market sentiment, hackers made a market comeback with India’s WazirX leading...

Thailand Government’s Digital Wallet Program Portal Crashes

1.8.2024
Thailand’s government has launched its much-awaited digital wallet program. The program aims to distribute 10,000 baht ($282) to most of its citizens. However, according to Reuters, the first day of registration revealed major technical hurdles as millions attempted to sign up. High Demand...

Binance Labs Invests in Particle Network for Web3 Revolution

1.8.2024
Particle Network has recently received significant investments from Binance Labs. This investment will be used to develop a new Layer 1 blockchain. The project aims to solve the fragmentation puzzle in the blockchain world by providing Universal Accounts. Particle Network Unveils Layer 1 Solution...

XRP Ledger & OpenEden Partner for Tokenized US Treasury bill

1.8.2024
Tokenization platform OpenEden has announced the addition of tokenized US Treasury Bills (T-bills) to the XRP Ledger. For the first time, OpenEden’s TBILL tokens are a short-term US government debt obligation backed by the US Department of the Treasury and are available to the...

Senator Lummis Drafts Bitcoin Act to Slash National Debt by Half!

1.8.2024
To combat the rapidly growing national debt and establish America as a powerhouse for financial technology, U.S. Senator Cynthia Lummis has officially introduced in the United States Senate today its plans to inaugurate the Boosting Innovation, Technology and Competitiveness through Optimized...

Daily Crypto Update: Market shrinks as most coins witness a dip

1.8.2024
The crypto industry’s constant volatility dilemma has resurfaced as the market has started with a slump. Most cryptocurrencies lost value on Wednesday, even top guns like Ethereum and Bitcoin. The coins have lost 4.64% and 3.27% value in the past 24 hours, respectively. However, it is SOL...

Kamala Harris Engages with Crypto Industry to Counter Trump’s Promises

1.8.2024
Election campaigns in the US are heating up, with Kamala Harris likely to step up as the only Presidential candidate for Democrats. Taking things in the best way is the crypto industry. Harris reportedly is in talks with the stalwarts of the crypto industry in an attempt to ease tensions between...

OZO vs. DAOs: Governance Battle in Quantum Era

1.8.2024
Ozone Chain (OZO) follows a voting system called “Governance by Voting” when making decisions to communicate and coordinate with the network users. In this model, token holders are permitted to propose and vote on changes that should be made in the network, with their votes typically...

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