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Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
12.8.2024
Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto,...
BOJ ex-board member says another rate hike unlikely this year
12.8.2024
The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March
Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade
12.8.2024
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including...
Expect Bitcoin ETF options to launch before 2025
12.8.2024
You can expect Bitcoin ETF options to begin trading in the United States before 2025
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
12.8.2024
On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high of $61,868 earlier in the day. Crypto Crash Course: Long Positions Take a Tumble in Sunday’s...
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
11.8.2024
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most...
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
11.8.2024
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring...
Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days
11.8.2024
According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels...
Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
11.8.2024
Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
11.8.2024
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings...
Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
11.8.2024
Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that could lead to the prohibition of prediction markets in the United States. In a letter to the CFTC, Humenik expressed concerns...
Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
11.8.2024
Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to shift downward between 4% to 5.3% on Aug. 14. Bitcoin’s All-Time High Difficulty Faces Estimated Reduction Bitcoin miners may get some relief in three days when...
2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
11.8.2024
It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers...
Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price
11.8.2024
BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over
150,000 Ether Floods Liquid Staking Platforms in 27 Days
11.8.2024
In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid...
4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
11.8.2024
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat
Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review
11.8.2024
Robert Kiyosaki declared that the much-anticipated market crash has arrived, emphasizing the significant losses and highlighting it as an opportunity for investors to buy assets like gold, silver, and bitcoin at lower prices. The Democrats are engaging with the crypto sector, launching...
Hong Kong to enhance digital asset regulation in 18 months
11.8.2024
By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions
Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa
11.8.2024
Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust...
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
11.8.2024
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled...