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Mt. Gox sees $3.2B BTC in outflows in just two hours
23.7.2024
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves
Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination
23.7.2024
Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they...
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
23.7.2024
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
22.7.2024
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage...
Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
22.7.2024
SEC Extends Review Period for Bitcoin Trust Options Trading Proposals
22.7.2024
The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The organizations involved include Box Exchange LLC, Cboe...
Ripple backs Deaton with $1M donation in senate race against Warren: Law Decoded
22.7.2024
Ripple’s significant donation to Deaton highlights the growing influence of blockchain in politics amid SEC scrutiny
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
22.7.2024
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This...
Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
22.7.2024
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover...
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
22.7.2024
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance...
$235M WazirX exchange hack has implications for India’s crypto industry
22.7.2024
North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX
Democrats in Trouble: Will Kamala Harris Embrace Crypto?
22.7.2024
Joseph Robinette Biden, the President of the United States of America, is well known for his staunch stance on cryptocurrencies. However, recently, Biden drew a target on his back after fumbling big in his debate against Trump, which caused even the Democrats to lose faith in him. In an X post...
Paraguay miners urge state electricity board to reconsider upcoming price hike
22.7.2024
Capamad spokesperson Jimmy Kim claims that the electricity price increase, set for Aug. 1, may force 70% of legal crypto miners out of business
Real Bedford FC boosts Bitcoin stash with $4.5M acquisition
22.7.2024
Real Bedford FC expands its Bitcoin holdings with a strategic purchase of 66.9 BTC at an average price of approximately $67,220 per Bitcoin, reinforcing its commitment to cryptocurrency
ETF Store President Predicts Combined Crypto ETFs On The Way
22.7.2024
In a social media post on X (formerly Twitter), Nate Geraci, president of The ETF Store, predicted that one of the ETF issuers will most likely apply for a combined spot ETF of three main assets in the crypto industry, Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the next several months....
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
22.7.2024
On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates...
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
22.7.2024
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be...
Trump Eyes BlackRock’s Larry Fink as New Treasury Secretary
22.7.2024
According to a report by the New York Post, Donald J. Trump is set to appoint Larry Fink as the next US Secretary of the Treasury. The news has sent positive sentiments to the crypto community, considering BlackRock spearhead spot Bitcoin ETFs. Crypto could hit new ATH under Trump and Fink Janet...
Daily Crypto Update: Memecoins rule while altcoins stay stagnant
22.7.2024
The crypto market is undergoing a restructural phase with most cryptocurrencies struggling to find a footing. With the exception of Bitcoin and Ethereum, most coins are undergoing unplanned fluctuations. Pixelverse experienced 99.21% growth, while RealGOAT demonstrated a 174.38% growth spurt....
Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC
22.7.2024
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims...