Ethereum’s price is currently hovering around a critical support level, with traders suggesting that a dip below $2,800 could lead to a significant market shift. As of now, Ethereum (ETH) is trading…
Bitcoin’s price made a modest recovery on August 3 after briefly dropping toward $60,000, following a significant global stock sell-off. The cryptocurrency managed to reclaim the $62,000 level as markets showed signs…
On August 2, the United States-based spot Ether exchange-traded funds (ETFs) witnessed notable shifts, with Grayscale Ethereum Trust (ETHE) experiencing significant outflows. Data from SoSoValue revealed that the total net outflows from…
Senator Cynthia Lummis recently introduced the Strategic Bitcoin Reserve bill on July 31, calling for the US government to establish a reserve fund for Bitcoin. In just 48 hours, over 2,200 letters…
In the wake of a recent hack on WazirX, which led to a $230 million exploit, the cryptocurrency exchange has faced strong criticism for its proposed “socialized losses” plan. The plan, known…
Ethereum (ETH) has seen a significant increase in futures open interest, reaching a 19-month high, even as the price of ETH has faced notable weakness. From July 31 to August 2, Ethereum…
France’s financial markets regulator, the Autorité des marchés financiers (AMF), has started accepting applications for crypto asset service providers (CASPs). This move comes six months ahead of the Markets in Crypto-Assets (MiCA)…
Former President Donald Trump recently proposed an unconventional solution to the United States’ staggering $35 trillion national debt: using Bitcoin or a “crypto check.” In an interview with Fox News’ Maria Bartiromo,…
The XRP Ledger (XRPL) experienced a significant decline in transaction volume during the second quarter of 2024, alongside a notable increase in transaction costs. According to Ripple’s Q2 2024 XRP Markets Report,…
Bitcoin whales have been increasingly active in recent weeks, with a notable surge in the volume of BTC being moved off exchanges. This trend has reached its highest level since 2015, a…
Salvadoran fintech company Ditobanx has partnered with the Internet Computer Protocol (ICP) Hub Mexico to launch an initiative aimed at promoting the use of cryptocurrencies at Mexican universities. As part of this…
Elon Musk’s social media platform, X, has suspended the account “makenowmeme,” which allowed users to create memecoins with a single post. The account, boasting 15,000 followers, was taken down on August 2…
The United States Federal Bureau of Investigation (FBI) has issued a warning about scammers impersonating employees of cryptocurrency exchanges to steal users’ funds. The agency urges victims to report any scam activities…
Cleanspark Inc., a Las Vegas-based cryptocurrency mining company, has acquired its first Bitcoin (BTC) mining site in Wyoming, securing 75 megawatts (MW) of power contracts. The new site is set to significantly…
Paul Grewal, Coinbase’s chief legal officer, has denied accusations that the cryptocurrency exchange violated campaign finance laws by donating $25 million to a super political action committee (PAC). Grewal addressed the claims…
The Digital Chamber, a leading advocate for digital assets in the United States, is urging lawmakers to back the Bitcoin reserve bill proposed by Wyoming Senator Cynthia Lummis. The organization believes this…
MicroStrategy, the business intelligence firm known for its significant Bitcoin investments, reported a net loss of $123 million for the second quarter. Despite the financial hit, the company’s Bitcoin stockpile has grown,…
As the #EndBadGovernanceInNigeria protests continue, members of Nigeria’s cryptocurrency community are advocating for the inclusion of industry-specific demands. This movement, primarily aimed at addressing various governance issues, is seen by many in…
The European Securities and Markets Authority (ESMA) has issued a cautionary statement regarding the risks associated with global crypto firms seeking partial authorization under the Markets in Crypto Assets (MiCA) regulation while…
Crypto.com has overtaken Coinbase in daily trading volume, propelled by a surge in institutional clients and the launch of the first spot Ether exchange-traded funds (ETFs) in the United States. According to…
Scalpers are already attempting to cash in on Donald Trump’s limited-edition Bitcoin-themed sneakers, with listings on eBay starting at $700 and reaching as high as $2,500. The orange high-top sneakers, which were…
Telegram, the popular crypto-friendly social messaging platform, has launched a new in-app browser that supports decentralized websites, known as “TON Sites.” This feature is now available on both mobile and desktop, providing…
Meta Platforms, led by CEO Mark Zuckerberg, reported a significant $4.5 billion loss in its metaverse division, Reality Labs, during the second quarter of 2024. This brings the total losses for Reality…
Bitcoin’s price dropped below $65,000 after the US Federal Reserve decided to keep interest rates unchanged and amid growing tensions in the Middle East. The cryptocurrency’s value fell to $64,549, marking the…
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