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Russia Legalizes Use of Bitcoin for Cross-Border Payment
30.7.2024
Russia has been a paragon of adopting crypto following the sanctions it faced during the war with Ukraine. The country has been witnessing increased use of digital assets not only among its citizens but also at the government level. In line with this, the Russian State Duma Committee on Financial...
Ethereum Celebrates Nine Year Anniversary; 2024 Year of ETH?
30.7.2024
From its humble beginnings to becoming a global leader in smart contract deployment, Ethereum’s journey has been incredible. The second-largest cryptocurrency, Ethereum, is celebrating its ninth birthday today. It has paved the way for notable growth in the crypto industry. Ethereum...
Bank of England Plans Experiments with DLT and Wholesale CBDCs
30.7.2024
The Bank of England (BoE) is taking a proactive stance related to cryptocurrency, money, and payments. In a recently released discussion paper, the central bank outlined its plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital...
Bitcoin & Crypto Takes Center Stage in US Presidential Race
30.7.2024
The past week was momentous for Bitcoin & cryptocurrency as they took center stage in the US presidential race. Former President Donald Trump made a groundbreaking endorsement of Bitcoin at the Bitcoin 2024 conference in Nashville, pledging to create a national “strategic Bitcoin...
Binance Labs Unveils First Batch of Season 7 Incubation Projects
30.7.2024
Binance Labs has announced the first batch of projects for its seventh-season incubation program. According to the tweet, four projects have made the list. We’re thrilled to unveil the first batch of projects that we admitted into Season...
XRP Veteran Dumps Holdings to Buy Algotech (ALGT) and Chainlink (LINK)
30.7.2024
The crypto market recently experienced a notable change when a dedicated XRP investor, holding the digital asset since 2017, opted to divest their XRP holdings. This unexpected decision raised eyebrows within the crypto community, given the investor’s prior allegiance to...
Aave DAO Launches Lido-Specific Market
30.7.2024
Aave Labs has announced the launch of Aava DAO’s Aave V3 ETH Lido pool. It collaborates with Lido Finance sETH and wstETH to provide a more tailored financial solution in the future. Both partners are committed to bringing their capable solutions to the table. For instance, Aave will extend...
Marathon & Riot Boost Bitcoin Reserves as Small Miners Sell
30.7.2024
After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. While the smaller miners are dumping their Bitcoin to cover expenses, more prominent institutional investors such as Marathon Digital Holdings and Riot Platform...
Tron Outpaces Ethereum in Revenue Despite ETH ETF Launch
30.7.2024
Since Bitcoin began its path to recovery and surged over $62,000, the Altcoins quickly followed suit, showing tremendous growth. However, in an interesting turn of events, DefiLlama data shows that Tron has dethroned Ethereum in revenue generation. This is despite the recent launch of spot ETH ETFs...
Daily Crypto Update: Top Cryptos Suffer While Meme Coins Rejoice
30.7.2024
After a brief bullish run, the crypto market’s latest session brought a quick dip. Now, the top 10 cryptocurrencies are suffering slightly while the meme tokens are rejoicing. Most of the top cryptos have lost value in the past 24 hours, while new meme tokens have emerged. Amid the sudden rise...
Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?
30.7.2024
On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day,...
Crypto Crimes Turn Dark: Bitcoin Greed Causes a Casualty
29.7.2024
Since before Bitcoin and other cryptocurrencies became mainstream investment vehicles, they have been a means of executing cyber crimes. However, crimes affiliated with cryptocurrencies took a new shape this week, which also led to a casualty. Bitcoin Costs This Man More Than Just $70,000 Earlier...
Are CBDCs & Govt. UBI Schemes a Threat to Economic Freedom?
29.7.2024
Dr. Peter Stonge, a well-renowned professor on X who educates the masses on economics and freedom, recently made a video on the acceptance of blockchain technology and CBDCs in Thailand, along with the corruption in the Thai government whose traces can be observed in other countries as well. ...
Ethereum Struggles at $3.3K; Can August Week 1 See $3.5K?
29.7.2024
The market showed signs of a comeback after the Ethereum ETFs were approved by the SEC. Over the past weekend, the crypto market experienced a robust positive turnaround, causing top tokens to show notable uptrends in their portfolios. This surge hints at a potentially optimistic outlook for these...
$1.1M Polymarket Bet on Bitcoin Price Striking $70K Reviewed
29.7.2024
The price of Bitcoin has been on an upward trajectory for the last seven weeks. At present, Bitcoin is trading at different ranges in different crypto exchanges. One thing to note is that all the prices are heading towards $70,000. With that at play, there is a BTC price review on Polymarket: “What...
Bitcoin Hits $70,000, But Quickly Plunges To $68,000
29.7.2024
Bitcoin soared to $70,000 recently and was also quick enough to retrace to the $68,000 level. According to CoinMarketCap data, BTC surged from a 24-hour low of $67,600 to a high of $70,000. However, the bulls failed to sustain the momentum. Even though BTC picked up the pace in the last few days...
Hamster Kombat Makes First Debut With OKX Pre-Market Futures
29.7.2024
The well-known crypto exchange OKX has unveiled its new Pre-Market Futures platform. According to the details from the press release, the popular Telegram mini-app game Hamster Kombat’s HMSTR token is taking center stage as the inaugural offering. This launch marks a major milestone in...
Winklevoss Twins Grill Kamala Harris on Crypto Reset Stance
29.7.2024
Over the weekend, the crypto community at the 2024 Bitcoin Conference witnessed Donald J. Trump go all in on crypto. There were rumors that Kamala Harris would attend. However, she pulled out at the last minute. However, that was not her end of trying to win over crypto voters. Kamala Harris...
Is Ethereum Poised for a New High Following ETF Inflows?
29.7.2024
The fourth week of July brought drama and chaos in the ecosystem after the Ethereum ETFs made a dramatic entrance on July 22, generating over $4 billion in trading volume within their first week. This robust start has raised expectations for a potential price boost in Ethereum. While the price...
Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results
29.7.2024
As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...