QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence ...
News
Unlocking New Opportunities with SimpleSwap Affiliate Program
George Town, Cayman Islands, August 22nd, 2024, Chainwire Platforms looking to expand their offerings and discover new opportunities can explore SimpleSwap’s affiliate program. The SimpleSwap affiliat...
BTC re-staking platform SatLayer secures $8m in pre-seed funding
SaltLayer, a Bitcoin-powered restaking platform built on the Babylon staking protocol, has completed an $8 million pre-seed funding round. According to an announcement posted on X on Aug. 22, the Bitc...
The Future of Online Gaming Is Rapidly Evolving
The evolution of the gaming industry has undergone unbelievable changes from the early days of arcade games. This change in the gaming industry has continued to date, with over 3.2 billion gamers worl...
US Dollar cautiously advances, investors to closely follow Powell’s words
USD sellers take a breather after four sessions of losses. Markets digest weekly Jobless Claims and August PMIs. Rate cut expectations remain high ahead of Powell’s words on Friday. The US Dollar (USD...
10th Edition of the European Blockchain Convention: Celebrating Industry Achievements
The European Blockchain Convention (EBC) announces its landmark 10th edition, scheduled to take place on September 25th and 26th, 2024, in the vibrant city of Barcelona, Spain. This two-day event prom...
Former FTX Executive Challenges Guilty Plea, Alleges Broken Promise by Prosecutors
TLDR: Former FTX executive Ryan Salame is seeking to void his guilty plea He claims prosecutors broke a promise to stop investigating his partner Michelle Bond Salame was sentenced to 7.5 years in pri...
Dow Jones Industrial Average eases lower after misfire in US PMI figures
The Dow Jones shed 200 points on Thursday as investors blink. US PMI figures came in mixed, with Services up but Manufacturing down. Investors await further signs of Fed rate cuts. The Dow Jones Indus...
Solana Dump Far From Over? Whales Continue To Dump SOL
The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ b...
Anthony Scaramucci Stays Bullish on Bitcoin (BTC), Still Predicts $100K Despite Market Challenges
SkyBridge Capital’s Anthony Scaramucci has reaffirmed his optimistic outlook on Bitcoin (BTC), projecting a future price of $100,000. While acknowledging recent market challenges, he emphasized that B...
Solana-Based DeFi Platform Mango Markets Drafts Proposal for Settlement Conditions With SEC
A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community pr...
Babylon Bitcoin staking drives BTC fees higher as mainnet launches
Babylon’s Bitcoin staking launch on August 22 drove transaction fees to $132-$137. Over 12,700 stakers quickly filled the “locking-only phase” of Babylon’s program. Babylon raised $70M in May 2024, fo...
Stork Network Receives $4 Million Funding
Stork Network, a Web3 oracle provider, has secured a significant $4 million investment to broaden its product portfolio, particularly focusing on the development of Stork Perps. The funding round was ...
GBP/USD clings to gains, struggles near 1.3100
GBP/USD Price Forecast: Clings to gains, struggles near 1.3100 The Pound Sterling clung to minimal gains against the Greenback on Thursday, even though UK economic data revealed that business activity...
Understanding the Link Between Miner Activity and Bitcoin Price
Bitcoin miners’ OTC balances have surged 70% since June, hitting a 2-year high of 368,000 BTC. This trend suggests miners may be preparing to offload large quantities of Bitcoin. Historically, spikes ...
Binance Labs Invests in Four Projects From BNB Chain’s MVB Season 7
Dubai, UAE, August 22nd, 2024, Chainwire Binance Labs has invested in four top-performing projects from the most recent season of BNB Chain’s Most Valuable Builder (MVB) program. The four high-perform...
Coinbase Policy Chief Endorses Kamala Harris’ Crypto Industry Expansion Policy Efforts
The policy chief of the largest US-based crypto exchange by trading volume is backing Kamala Harris’ efforts to work with the digital assets industry. In response to a Bloomberg article reporting that...
Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week
Recent rumors swirling on X wrongly accused presidential candidate Kamala Harris’ of endorsing President Biden’s 2025 proposal for a 25% tax that includes unrealized capital gains. What’s the truth be...
Is the FED Ready to Cut Interest Rates? Critical Statements Came from a Hawkish FED Member!
Kansas City Fed President Jeffrey Schmid, who was appointed as a Fed member about a year ago and is known for his hawkish stance, spoke about interest rate cuts. Speaking to Bloomberg TV at the Jackso...
Relative strength with $PYPL vs. $SQ. [Video]
In today’s TradeGATEHub Live Trading session, Michael Venezia offers a practical lesson on relative strength, comparing PayPal ($PYPL) and Square ($SQ) to illustrate how stocks within the same sector ...
DOJ charges former FTX exec’s partner with campaign finance violations
Michelle Bond, the partner of former FTX executive Ryan Salame, was charged with violating campaign finance laws on Thursday. Back in 2022, the Department of Justice alleged, Bond launched a campaign...
Whales Stake $7.97M in Solana, Boosting Confidence in the Market
Two whales have recently made $7.97M moves with Solana ($SOL), according to Lookonchain. Both large investors have staked their withdrawn funds. Two Whales Withdraw $4.25M and $3.72M in $SOL The first...
Explore the Synergy of Blockchain and AI at the Virtual Blockchain & AI Expo 2024
With rapid advancement in AI and blockchain, there are opportunities to leverage blockchain’s security and transparency features. It can enhance the reliability and trustworthiness of AI systems and d...
Is PAW the Next Big Crypto Sensation?
In the ever-evolving landscape of cryptocurrency, a new contender has emerged, capturing the attention of investors and enthusiasts alike. Pawfury (PAW) has just shattered expectations by reaching a s...
Why Chainlink (LINK) 10% Price Increase Looks Unsustainable
Many large-cap cryptocurrencies are up today, with Chainlink (LINK) seeing one of the biggest gains. Trailing only behind Polygon (MATIC), LINK’s price increased by 10% in the last 24 hours. Despite t...
Fanton Secures $1M Seed Investment to Enhance Blockchain Fantasy Football Platform
Zach Anderson Aug 22, 2024 13:42 Fanton Fantasy Football secures $1M in seed funding from Animoca Brands and others to expand its blockchain-based platform integrated with Telegram. Fanton Fantasy Foo...
Upbit Reduces Ethereum (ETH) Withdrawal Fees to Boost Crypto Trading Experience
Upbit, a leading cryptocurrency exchange in South Korea, has announced an adjustment to its withdrawal fees aimed at enhancing user experience. This strategic move comes as a response to the declining...
Bitcoin set for lift-off
Mt. Gox creditors aren’t selling their Bitcoin, and the Spot Bitcoin ETFs continue to buy for the institutions. Technical indicators are signalling a sea change – is the Bitcoin price set for li...
Launch Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Standardd
Cayman Islands, UK, August 22nd, 2024, Chainwire Tanssi Foundation announces the expansion of the Tanssi blockchain infrastructure protocol to Ethereum, enabling the rapid launch of decentralized netw...
Topper and Argent Team Up to Offer Seamless Fiat-to-Crypto Conversions to Argent Users
[PRESS RELEASE – San Francisco, United States, August 22nd, 2024] Topper stands out as the premier onramp solution in the crypto space due to its unique combination of ease-of-use, high approval rates...
CluCoin founder pleads guilty to wire fraud
Austin Michael Taylor, the man behind CluCoin and CLU, just admitted to screwing over investors. The crime? Pocketing $1.14 million from CluCoin investors and blowing it all on online gambling. Taylor...
The Convergence of Bitcoin and NASDAQ: What Does it Mean?
Bitcoin’s YTD returns hit 34%, narrowing its lead over NASDAQ’s 20% gain. Both assets faced similar market pressures, leading to a recent decline. Bitcoin trades at $60,846, slightly above its 200-day...