At the Democratic National Convention, Vice President Kamala Harris’ campaign stated its intention to support policies that would encourage the growth of the cryptocurrency sector, according to the ca...
News
ETF Fund Flows: August 21, 2024 – Bitcoin Inflows Surge, Ethereum Outflows Persist
**ETF Fund Flows: August 21, 2024** The cryptocurrency market saw significant movement in ETF fund flows today, with a marked contrast between Bitcoin and Ethereum ETFs. 🟢 Bitcoin ETFs experienced a s...
Harris To Support Digital Asset Policies To Ensure Crypto Industry Growth, Says Campaign Advisor
According to a latest Bloomberg report, a policy adviser to Kamala Harris’s campaign has revealed that the Vice President will support measures to help grow digital assets. Harris To Support Digital A...
Turtle.Club Introduces Phantom Liquidity to Eliminate DeFi Risks
Jessie A Ellis Aug 22, 2024 04:02 Turtle.Club’s Phantom Liquidity model eliminates counterparty and smart contract risks, offering a safer alternative for DeFi enthusiasts. For DeFi enthusiasts ...
$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack
On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker...
MATIC could rise 20% despite bearish sentiments – Here’s how
MATIC’s Open Interest jumped by over 15% in the last 24 hours, indicating growing interest from investors. If MATIC’s price falls to $0.442, nearly $6.77 million worth of long positions will be liquid...
BitBoy and Jimmy Butler To Settle Binance Class Action Lawsuit
Ben Armstrong, the internet personality who gained popularity as “BitBoy Crypto,” has agreed to settle a Binance-linked Class Action lawsuit. The agreement also involved NBA Superstar Jimmy Butler, wh...
Binance Hiring 1000 as compliance expenses over $200M
Binance CEO, Richard Teng revealed that Binance is hiring 1,000 people this year as crypto compliance expenses turns over $200 Million. Out of these thousand new jobs, some of them are specifically ea...
Can This Drive A New ATH Above $5,000?
The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all...
Bitcoin Hits $61,000 After Attempting $62,000
Bitcoin’s price has made a significant move towards the $62,000 mark but has settled back to $61,000. As investors keep a close eye on the market, the daily closing prices become crucial. With the imm...
Solana ETF Faces Hurdles, Bloomberg Analyst Suggests Approval
Analysts, including Bloomberg’s Eric Balchunas, suggest that the approval of spot Solana ETF has a “snowball’s chance in hell” due to ongoing SEC concerns. In contrast to the U.S., Brazil’s Securities...
Bitwise CIO: “Professional Investors Can Buy Upto $500 Billion Bitcoin”
Institutional investors are increasingly embracing Bitcoin, with their stake in the cryptocurrency now reaching 10% of the total supply, according to Matt Hougan, Chief Investment Officer at Bitwise A...
Former FTX Executive Denies Charges With 7.5-Year Prison Sentence
Key Points: Former FTX executive Ryan Salame claims prosecutors broke a plea deal by continuing to investigate his girlfriend, Michelle Bond. The U.S. Attorney’s Office refutes Salame’s claims, insist...
Will Creditors Finally Get Their Due?
Good news for FTX creditors! FTX’s reorganization plan is on the brink of approval after securing substantial backing from its creditors. With 95% of creditors in favor, representing 99% of the claim ...
Binance goes on a hiring spree, set to employ 1,000 more for compliance roles
Key Takeaways Binance is increasing its compliance workforce to 700 by the end of 2024. The company’s spending on compliance has risen to over $200 million annually. Binance plans to hire 1,000 ...
NVIDIA Unveils First On-Device Small Language Model to Enhance Digital Humans
Caroline Bishop Aug 22, 2024 03:37 NVIDIA introduces Nemotron-4 4B Instruct, its first on-device small language model, at Gamescom, promising more lifelike digital humans and improved gaming experienc...
TRX Soars Over 10% in 24 Hours: Can the Bull Rally Continue Amid Rising Selling Pressure?
The recent surge in TRX’s price signifies a potential shift in market dynamics for this altcoin. As major cryptocurrencies like Bitcoin struggle with corrections, Tron has uniquely distanced itself fr...
Shiba Inu Reveals Release Schedule For First Web3 Game
The Shiba Inu ecosystem has taken a significant step forward with the introduction of a closed beta version of Shiba Eternity, its first game built on the Shibarium blockchain. Lucie, the Shiba Inu ma...
Is Still $10 Feasible After a 40% Monthly Drop?
Dogwifhat (WIF) price, a Solana-based meme coin, has recently seen a decline, signaling a bearish trend. The price of WIF is dipping amidst market turbulence, with both bulls and bears struggling to e...
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in s...
XAG/USD bulls have the upper hand while above $29.20 confluence
Silver drifts lower on Thursday, albeit holds above the $29.20 confluence hurdle breakpoint. The technical setup favors bulls and supports prospects for the emergence of some dip-buying. A sustained ...
Dubai court recognizes employees’ right to receive salary in digital assets
Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruli...
Polygon (MATIC) Breakout Can Propel Price To $1 In Days: Analyst
Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours...
Decentralized Exchanges Won’t Go Too Far Without Capital Efficiency
HodlX Guest Post  Submit Your Post  One main goal of investing is to ensure that your money works for you at all times, whether that’s through a savings account you barely look at or through high-act...
Binance Compliance Workforce Expands to 700 by 2024 as Costs Surge
Key Points: Binance plans to hire 1,000 people in 2024, focusing on expanding its compliance workforce to 700 employees. The exchange’s annual compliance spending has surpassed $200 million, and incre...
FTX Fuels Crypto Market Rebound
Crypto markets have recently endured turbulent times, with the latest turmoil surrounding Mt Gox barely making a dent due to nearly completed refunds. As issues subside, the market now turns its atten...
Shiba Inu Unveils Closed Beta for Shiba Eternity: A Game-Changer on the Shibarium Blockchain
The Shiba Inu ecosystem marks a transformative phase with the launch of its first game, Shiba Eternity, which is now in closed beta. This groundbreaking game is built on the Shibarium blockchain, demo...
New Presale Gem Could Surpass Tron and Ripple Fast
In the current crypto arena, one project that stands out is DTX Exchange (DTX), a new Stage 2 presale star. It has already raised over $1.4M and is on pace to reach $2M before August 31, 2024. People ...
TON Poised for Major Breakout Amid Surge in Global Liquidity and Daily Active Users
The recent surge in TON Masterchain activities signals a promising outlook for the cryptocurrency. In line with this trend, the global liquidity and trading volume for Toncoin [TON] have seen signific...
Bitcoin’s Dominance over Ethereum at a 40-Month High: What Will It Take for an Ethereum Breakout?
Cryptocurrency research firm CryptoQuant reported in a recent analysis that Bitcoin’s market dominance has increased significantly, reaching a 40-month high of 78.5% compared to Ethereum. The chart pr...
Only 3% of traders on Pump.Fun have made more than $1000
Only 3% of the traders purchasing tokens on Pump.fun made more than $1000. At the same time, less than 0.8% of the traders have made $10,000+ trading memecoins on the platform. These figures from a Du...
Ethereum (ETH) Sees Surge in Private Transactions Amid Gas Fee Volatility
The evolving landscape of Ethereum (ETH) transactions has taken a new turn as users increasingly opt for privacy. Recent analyses highlight that private transactions, while only accounting for 30% of ...