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Latam Insights Encore: El Salvador Shows Bitcoin Can Be a Catalyst to Power Tourism
29.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the positive impact bitcoin adoption had on the growth of the tourism industry in El Salvador and how this can be applied to other...
Bill targeting illicit use of crypto passes US House: Law Decoded
29.7.2024
Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice
Crypto Super PAC Fairshake takes top funding spot, beats MAGA — OpenSecrets
29.7.2024
The Coinbase-led advocacy group has raised upward of $202 million so far, according to the political donations researcher
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
29.7.2024
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...
7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
29.7.2024
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin...
Hamster Kombat Makes First Debut With OKX Pre-Market Futures
29.7.2024
The well-known crypto exchange OKX has unveiled its new Pre-Market Futures platform. According to the details from the press release, the popular Telegram mini-app game Hamster Kombat’s HMSTR token is taking center stage as the inaugural offering. This launch marks a major milestone in...
Wazirx Says ‘Poll Is Not Final’ — Shares Additional Cyberattack Recovery Plan
29.7.2024
Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty explained that Wazirx “will soon...
Winklevoss Twins Grill Kamala Harris on Crypto Reset Stance
29.7.2024
Over the weekend, the crypto community at the 2024 Bitcoin Conference witnessed Donald J. Trump go all in on crypto. There were rumors that Kamala Harris would attend. However, she pulled out at the last minute. However, that was not her end of trying to win over crypto voters. Kamala Harris...
Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises
29.7.2024
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over...
Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF
29.7.2024
The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country
Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout
29.7.2024
Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp...
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
29.7.2024
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely...
How to pick tokens for exchange listings? New report offers help
29.7.2024
Crypto exchange Bitget and Nansen Research collaborated to help exchanges evaluate potential of a cryptocurrency depending on the token cycle
Bitcoin, gold on track to break out as ‘macro summer’ begins: Analyst
29.7.2024
The beginning of the "macro summer" rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
29.7.2024
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of...
Justin Sun Calls for Restoration of Bitcoin Emoji on X
29.7.2024
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to surpass gold. “We humbly request restoring this...
Record $39.4B Bitcoin open interest suggests imminent price breakout
29.7.2024
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout
Daily Crypto Update: BTC, SOL, ETH, PEPE rejoice with market boom
29.7.2024
After a week-long decline, the cryptocurrency market has promptly rebounded. The brief correction period seems over as names like Bitcoin, Solana, and Pepe rule the market. The top 10 cryptocurrencies have covered up their losses from last week. Most of these coins have even gained some value...
Will Solana Smash Its 52-week High of $209 in this Bull Run?
29.7.2024
Solana’s price action has been marked by robust bullish momentum of late, with the cryptocurrency trading hands at $193.59 (at press time)—a 4.60% increase on the day. Its 50-day simple moving average languishes far below $149.61, a signal that the broader trend remains decidedly upward...
Scammers Use Deepfake Elon Musk Video to Steal Crypto During Bitcoin 2024 Event
29.7.2024
Although the Bitcoin 2024 event has wrapped up, the past three days have seen a deepfake Elon Musk “double-your-money” scam on Youtube. Posing as the official Bitcoin 2024 livestream, the scam has tricked unsuspecting users into parting with their crypto assets. Over the weekend...