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Daily crypto round-up: Trending tokens, Bitcoin stability, and market insights
17.7.2024
The cryptocurrency market is constantly moving, attracting many investors’ attention. Today, we explore Bitcoin’s uptick in price, significant market changes driving behaviors, and cryptocurrencies that are topping the charts. This is your daily crypto news round-up, which you...
LiFi Protocol Confirms Hack; Over $10 million Drained
16.7.2024
LiFi Protocol is currently under attack, and over $10 million in crypto has already been drained. According to an X post from X LiFi, “strongly recommend to users to revoke their approvals for: 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae.” ????UPDATE????Our system has raised more suspicious...
Pepe & WIF Make a Comeback: Meme Coins Double-Digit Gains
16.7.2024
The crypto market is showing signs of a renewed bullish outlook. Amidst the greenery, meme coins have posted impressive double-digit gains over the past 24 hours. From Cats to Dogs: A Closer Look at the Top Performers Leading the pack is Shark Cat (SC), ranked 618th, with a 54.76% increase. This...
Vitalik Buterin Warns Against Over-Investment in Instruments
16.7.2024
Vitalik Buterin, the co-founder of Ethereum, recently spoke out about the overinvestment in the crypto space. He noted that most investors attract high-risk investments in the hope of getting high returns. They justify their investments by funding infrastructure that might not call for such risks....
Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case
16.7.2024
Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting...
Solana price on the rise: Can SOL touch $175 soon?
16.7.2024
Solana has started catching traders’ attention worldwide with its W pattern. The crypto is trending on social media platforms, and its chart shows a clear, uplifting pattern. The ongoing trend hints at a potential resurgence to $175. However, there are multiple factors investors must account for....
Baby Doge’s New Telegram Game Hits 1m User in Under 9 Hour
16.7.2024
Ever since Dogecoin, the adorable Shiba Inu memecoin, took over the crypto community, many dog-based coins emerged in the market. Among the waves of the many, Baby Doge is working on a plan to stay relevant. Recently, MemeFi’s token locker achieved the milestone of $10M Total Locked Value;...
Crypto stocks skyrocket amid Trump assassination attempt
16.7.2024
Shares in crypto companies like Coinbase, MicroStrategy, and Riot Platforms are rallying after investors began swarming around the crypto market. Bitcoin prices have rallied over the weekend of an assassination attempt against Republican nominee Donald Trump, as investors bet Trump now has a better...
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
16.7.2024
John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017...
Here’s Everything That Can Affect Crypto Markets This Week
15.7.2024
The Crypto markets are known for volatility and stock interrelationships. Bitcoin and altcoins have suffered from the collapse of crypto exchanges, Fed hike rates, Bitcoin dump sales by the German government, and Mt. Gox BTC repayments. Over the weekend, the survival of the pro-Bitcoin president...
US Judge Extends Date for Tornado Cash Co-Founder’s Trial
15.7.2024
The trial of the co-founder of the controversial crypto mixer Tornado Cash, Roman Storm, on the accusations of money laundering has been pushed back by three months. Judge Katherine Polk Failla of the Southern District of New York granted the defense’s request for a delay, citing...
Tether Hires Chainalysis Talent to Bolster Economic Insight
15.7.2024
Tether, the company behind the stablecoin USDT, has appointed Philip Gradwell as its new Head of Economics. Gradwell previously worked for blockchain analytics firm Chainalysis for over six years. From Blockchain Analysis to Stablecoin Economics Gradwell, who spent over six years as Chief Economist...
Trumps Shares, NFT, & Crypto Soar After Assassination Scare
15.7.2024
Over the weekend, the American dream and democracy came to a moment of standstill after an assassination attempt on Donald Trump. Over the weekend, the 45th United States President had a campaign rally in Butler County, Pennsylvania. Trump is alive. However, he was injured in the right ear....
Global Crypto Advocacy Movement Reaches Canada
13.7.2024
Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders...
Blur Dips 8% Post Machi Big Brother $3.1M Binance Transfer
12.7.2024
Machi Big Brother, a popular crypto influencer, recently made headlines due to a rather significant transfer. According to on-chain data from Arkham Intelligence, Machi Big Brother has sold all of his BLUR holdings. Lookonchain reports, “Machi Big Brother has deposited all 18M $BLUR($3.1M)...
4 altcoins trading under $1 that have the potential to reach $100 in 2024
12.7.2024
Major price action analysts have tipped four (4) altcoins, ETFSwap (ETFS), KASPA, Tron (TRX), and Polygon (MATIC), to hit $100 in 2024. These altcoins are all under $1, making an early buy the smartest crypto investment option to be well-placed for maximum returns on investment. Tron (TRX)...
Bitcoin sentiment hits most bearish levels, but this could be great news for Ethereum altcoins
11.7.2024
With Bitcoin’s (BTC) ongoing downturn and strong bearish sentiment from traders, this is great news for Ethereum (ETH) altcoins. As a result, many investors are turning to altcoins on the Ethereum blockchain, like RCO Finance (RCOF), which currently has more stability and potential...
Compound Finance confirms ZachXBT’s Hack Warning
11.7.2024
Earlier today, renowned crypto investigator ZachXBT warned users to avoid the Compound Finance website. In a Telegram post, ZachXBT said that the ”Compound Finance website seems to potentially be hijacked do not visit the site for the time being.” ZachXBT added that the website “currently...
Mark Cuban says; Biden should fire Gary Gensler
11.7.2024
The crypto industry has become a political topic ahead of the November 2024 elections. Progressive Rep. Ro Khanna (D-Calif.) hosted a crypto roundtable with Mark Cuban, and other key figures in the blockchain industry also appeared. Industry representatives, such as Blockchain Association’s Kristin...
CFTC Chairman Labels 70-80% Crypto as Non-Securities
10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...