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Ethereum ETFs show mixed signals as ETHE reports $31M outflow
14.8.2024
Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution
Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger
14.8.2024
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3...
Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
14.8.2024
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not...
Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline
14.8.2024
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported,...
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
14.8.2024
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M
14.8.2024
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth...
WonderFi expands to Australia — Blockchain Futurist Conference
13.8.2024
The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year
Hong Kong court orders financial disclosures in Mantra Chain dispute
13.8.2024
The court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues
Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador
13.8.2024
President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled “Logistics,” this new phase will entail raising private investments to modernize the country’s port infrastructure. The first step involves an investment...
WazirX Under Fire; Investors Demand Justice Post $230M Hack
13.8.2024
On 18 July 2024, WazirX, India’s largest cryptocurrency exchange experienced a major security breach, which resulted in the…
Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out
13.8.2024
On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief...
Analyst Predicts Q4 Crypto Rebound Despite Japan Rate Hike
13.8.2024
In a recent episode of the WuBlockchain Podcast, Jiang Jinze, Chairman of MuseLabs and former Chief Researcher at…
$1.6B port investment could revive El Salvador’s Bitcoin City plans
13.8.2024
The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City
Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes
13.8.2024
The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users. Hawaii Residents Gain Access...
Canada needs to overhaul crypto regulations —Coinbase exec
13.8.2024
The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations
Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
13.8.2024
Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their quieter operation and impressive hashrate...
DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame
13.8.2024
Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame
Trump Election Win May be Bullish For Cryptocurrency Markets, Bernstein Says
13.8.2024
Market sentiment suggests that a Trump election victory is bullish for crypto and a Harris win would be bearish, the report said
Kamala Harris may continue the Biden administration's crypto crackdown
13.8.2024
Harris is preparing to unveil plans about her economic policy in a mid-August speech
Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows
13.8.2024
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC)...