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Gemini’s Tyler Slams SEC & Gensler; Calls Them Corrupt
12.7.2024
The U.S. Securities and Exchange Commission (SEC) has closed its three-year investigation into the Stacks blockchain and Hiro Systems without taking any action. This decision has prompted mixed reactions from industry leaders, including one of the Winklevoss brothers. Crypto industry responds...
Crypto Tycoon Justin Sun Debunks $69K Bitcoin Long Buy Myth
12.7.2024
Recently, Justin Sun, the founder of TRON and the chief advisor of Huobi, has been making headlines for his Bitcoin investments. He clarified that he did not enter a long Bitcoin at $ 69,000. This came after Ki Young Ju, the CEO of CryptoQuant, accused Sun of trading activity related to the...
Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week
12.7.2024
While the German government is offloading Bitcoin, the Hong Kong Bitcoin ETF market is on a buying spree. According to a recent tweet by the House of Chimera, Hong Kong Bitcoin ETFs purchased Bitcoin for four consecutive days, accumulating 425 BTC over the course of the week. JUST IN: ????Hong Kong...
Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?
12.7.2024
The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...
DeFi Protocol Dough Finance Hit by $1.8M Flash Loan Attack
12.7.2024
Decentralized finance (DeFi) protocol Dough Finance was victim to a flash loan attack on July 12, resulting in a loss of $1.8 million in digital assets. ????ALERT????Our system has detected multiple suspicious transactions involving @DoughFina. After communicating with the #AAVE team, we...
Cardano Nears 4-Month Trendline Amid Upgrade Buzz: Can ADA Hit $3 Again?
11.7.2024
Cardano’s (ADA) token is back to testing the descending trendline that has been at a tough resistance level since March 14. This move comes after a bounce off the weekly low of $0.32 and holds above the $0.395 level, suggesting further bullish momentum. ADA trades at $0.395 at press time, marking...
Donald Trump Confirms Speaking at Bitcoin 2024 Conference
11.7.2024
The political tension between Donald Trump and Joe Biden is tight and hot. The crypto community is counting on both candidates to help make crypto regulations manageable. Now, the 45th President of the United States is set to make a speech at the Bitcoin 2024 conference in Nashville, TN. Bitcoin...
Binance to Slash Gopax Stake Amid Crypto Regulation Pressure
11.7.2024
Binance is reportedly in the final stages of negotiations to reduce its stake in Gopax, a leading South Korean crypto exchange. This move comes as Binance seeks to address regulatory concerns and maintain Gopax’s status as a won-based exchange in South Korea. Navigating Turbulent Crypto...
Bitcoin sentiment hits most bearish levels, but this could be great news for Ethereum altcoins
11.7.2024
With Bitcoin’s (BTC) ongoing downturn and strong bearish sentiment from traders, this is great news for Ethereum (ETH) altcoins. As a result, many investors are turning to altcoins on the Ethereum blockchain, like RCO Finance (RCOF), which currently has more stability and potential...
iFX EXPO Asia 2024: The ultimate online trading event in Bangkok
11.7.2024
iFX EXPO Asia 2024 is heading back to Thailand for 2+ days of B2B networking at the world’s leading online trading event. Excitement is building for this year’s iFX EXPO Asia 2024 as the leading online trading expo returns to the bustling city of Bangkok for the third time. iFX EXPO Asia 2024,...
Compound Finance confirms ZachXBT’s Hack Warning
11.7.2024
Earlier today, renowned crypto investigator ZachXBT warned users to avoid the Compound Finance website. In a Telegram post, ZachXBT said that the ”Compound Finance website seems to potentially be hijacked do not visit the site for the time being.” ZachXBT added that the website “currently...
Peter Schiff Slams Bitcoin as Fraudulent Investment
11.7.2024
Peter Schiff has increased his earlier complaints to describe Bitcoin as a ‘fraud. ‘ He says this is due to the comparison of the digital currency to traditional precious metals such as gold and silver. He thinks the cryptocurrency requires constant funding for its mining and promotion...
German Government Dumps Over 2300 Bitcoin; Price Remains Steady
11.7.2024
The German government has once again made headlines with another series of Bitcoin sales. In the past 3 hours, authorities have transferred 2,375 BTC, valued at approximately $137.87 million, to various exchanges and addresses. Breaking Down the Latest Transactions This recent move follows...
Mark Cuban says; Biden should fire Gary Gensler
11.7.2024
The crypto industry has become a political topic ahead of the November 2024 elections. Progressive Rep. Ro Khanna (D-Calif.) hosted a crypto roundtable with Mark Cuban, and other key figures in the blockchain industry also appeared. Industry representatives, such as Blockchain Association’s Kristin...
Capital Management CEO; Bitcoin will Survive Germany Dump
10.7.2024
The industry has held its breath for a couple of weeks due to the FUD that the massive Bitcoin selling by the German government and Mt. Gox will tank the market. That narrative may work for some, but not Anthony Pompliano. Capital Management CEO Anthony Pompliano believes that BTC holders will...
CFTC Chairman Labels 70-80% Crypto as Non-Securities
10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...
CFTC Chairman Labels 70-80% Crypto as Non-Securities
10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...
Block & Core Scientific Announce Landmark Bitcoin Mining Deal
10.7.2024
Block (formerly Square) and Core Scientific have announced a new partnership for Bitcoin Mining. This collaboration centers around the supply of Block’s new 3-nanometer mining ASICs, developed by their Proto team, to Core Scientific. The duo strikes one of the largest Bitcoin mining deals...
Ethereum Holds Firm Above $3K, Eyes $3.4K Breakout
10.7.2024
The global crypto market continues to experience mixed sentiments, yet stalwarts like Bitcoin and Ethereum show remarkable resilience, holding onto gains from the previous day. According to CoinMarketCap, the total market capitalization saw a modest rise of 1.47%, reaching $2.15 trillion, while...
German Government Now Holds Only 13.11K Seized Bitcoin
10.7.2024
In a series of transactions, the German government has reduced its Bitcoin holdings, losing its status as a “Bitcoin billionaire” in the process. According to data from Arkham, the government has kept offloading a large amount of Bitcoin. The German Government lost its “Bitcoin...