Kamala Harris, the Democratic presidential candidate following Joe Biden’s withdrawal on July 21, seems to be embracing cryptocurrency to attract voters. She may even speak at the Bitcoin 2024 conference in Nashville, which starts on July 25. On July 24, David Bailey, the event’s CEO, said they were discussing with Kamala Harris’s campaign about her…
On Wednesday, July 24, Bitcoin (BTC) dropped by 0.75%, ending the day at $65,398. This decline followed a 2.52% drop the day before, on Tuesday, July 23. Ongoing concerns about oversupply are affecting BTC’s demand. On Thursday, July 25, it’s important to pay attention to updates related to Mt. Gox and trends in the US…
Indian crypto exchange WazirX is planning to set up a poll to let customers vote on whether to reopen the platform for withdrawals, deposits, and trading. Co-founder Nischal Shetty mentioned that they are exploring various options to aid in the recovery. Additionally, WazirX is reaching out to projects related to the stolen tokens to get…
Hamster Kombat is gaining huge attention with 250 million fans globally and a strong following on Telegram, where it has 53 million subscribers. The game’s impressive user base and growing popularity suggest it could become a major force in the crypto gaming industry. With such rapid growth, Hamster Kombat is set to make a big…
Ethena, the issuer of the USDe stablecoin, plans to invest some of its reserves into tokenized US Treasuries. In a governance update on July 16, Ethena revealed its intention to allocate $235 million in USDT stablecoin and $45 million from its Reserve Fund to real-world asset (RWA) products. This strategy is part of a growing…
As spot Ethereum ETFs make their debut on U.S. exchanges, Citi forecasts a significant inflow of $5.4 billion within six months. Analysts are also predicting that Ethereum could reach a new all-time high of $5,000. This marks a major development in the crypto market. Citi Anticipates $5.4B in Ethereum ETF Inflows, Analysts Project ETH Rally…
The Terraform Labs bankruptcy case has set a deadline for victims of the Terra collapse to file their crypto loss claims. Claims must be submitted by August 21, 2024, at 6:00 PM ET or 10:00 PM UTC. This deadline is a crucial step toward providing relief for those affected by the collapse of the Terra…
Shibarium, the Ethereum layer-2 network supporting the Shiba Inu (SHIB) ecosystem, is on the verge of reaching a significant milestone. The network is approaching its 6,000,000th block, with only a few blocks left to hit this achievement. This progress highlights Shibarium’s ongoing development and resilience in the crypto space. Shibarium Nears 6M Blocks, Overcomes Challenges…
The MEW meme coin has surged 85% in a week, breaking into the top ten meme coins with a market cap of $692 million. This growth, fueled by the “global cat season” trend and key partnerships, positions MEW as a rising competitor to Dogecoin (DOGE) and Shiba Inu (SHIB). Launched this year on the Solana…
Binance, a leading cryptocurrency exchange, is updating its platform by adding new assets and removing some existing ones. These changes are important for crypto investors and enthusiasts, as they will affect the market. This article covers Binance’s recent updates, including new asset listings, loan options, and the removal of certain trading pairs, offering investors more…
Shiba Inu (SHIB) has dropped by 13% over the past week, mainly due to issues with Shibarium, its layer-2 blockchain solution. While the short-term outlook for SHIB is bearish, some analysts are still hopeful about its long-term potential. Shiba Inu (SHIB), the popular meme cryptocurrency, has seen a notable 13% drop in value over the…
ETF analyst James Seyffart reported that Ethereum exchange-traded funds (ETFs) attracted $107 million in inflows on their first day. As anticipated, BlackRock’s iShares Ethereum Trust (ETHA) leads with $258.6 million in inflows. Fidelity’s Ethereum Fund (FETH) follows in second place with $137.9 million. Ethereum ETFs Debut with Strong Inflows; Grayscale Faces Outflows The Bitwise Ethereum…
On July 23, Spot Ethereum ETFs had a strong debut, bringing in $107 million. This success has made Matt Hougan, Chief Investment Officer at Bitwise Asset Management, optimistic about the future of crypto ETFs. Hougan noted the positive reception of the new Ethereum ETFs and believes this success paves the way for more crypto ETFs,…
Jupiter, a top DEX aggregator on the Solana network, is making a big impact by taking up to 80% of the network’s priority fees through its validator, JupSOL. This boosts Jupiter’s competitiveness and expands its trading options. As Jupiter grows and handles more trades, it’s earning more priority fees. JupSOL now outperforms the former leader,…
On Tuesday morning, a wallet connected to the Mt. Gox rehabilitation Trustee moved $3.2 billion worth of Bitcoin between different wallets, with some of it being sent to the digital asset exchange Bitstamp. This large transfer caused Bitcoin’s price to drop below $67,000 as investors reacted to the news. Mt. Gox Trustee Moves $3.2 Billion…
Coinbase, a prominent cryptocurrency exchange, has recently drawn significant investor attention following a “buy” rating upgrade for its COIN stock from CITI. This positive outlook from CITI comes ahead of Coinbase’s anticipated Q2 earnings release scheduled for early August. The upgrade has sparked discussions about the potential reasons behind CITI’s optimism. In this analysis, we…
Upland’s first tradable token, SPARKLET, is launching exclusively on Bitget’s Launchpool, giving users early access. Starting from 13:00 (UTC) on July 24, 2024, users can farm SPARKLET by staking Bitget Token (BGB) until August 1, 2024, with a total prize pool of 7,000,000 SPARKLET tokens. The SPARKLET/USDT trading pair will also be available on the…
Today’s launch of spot Ethereum ETFs is a big event for the cryptocurrency market. With several new ETFs beginning trading in the U.S., there is a lot of excitement among crypto enthusiasts. They think these ETFs could draw more investors to Ethereum and offer a new investment opportunity in blockchain technology, which many believe has…
Status (SNT) is demonstrating strong potential, driven by anticipation around Ethereum ETFs. On Tuesday, the cryptocurrency experienced a dramatic increase in trading volume, surging by over 1,100% to reach $189 million. Despite this spike, analysts observe that the Ethereum ETFs’ launch has had a relatively subdued impact, with prices expected to dip before seeing a…
In the past 24 hours, trading volume for privacy cryptocurrencies surged by 115% to reach $1.4 billion. This increase suggests that holders may be shifting their assets in anticipation of a potential bull run. Despite the heightened trading activity, Zcash (ZEC) has maintained a stable price. The cryptocurrency market is buzzing with optimism as traders…