Ethiopia’s birr plunged 30% against the dollar after the central bank floated the currency as part of reforms aimed at correcting foreign exchange market distortions. The bank also eliminated foreign exchange surrender requirements and lifted restrictions on certain imports. In return, Ethiopia, which is seeking BRICS membership, is expected to receive a $10.7 billion loan […] Source: https://news.bitcoin.com/ethiopias-birr-falls-30-after-currency-float-forex-surrender-requirements-scrapped/
The Solana memecoin creation tool’s cumulative fee revenues are approaching $75 million, according to DefiLlama. Source: https://cointelegraph.com/news/pump-fun-flips-ethereum-24-hour-revenue-generation?utm_source=rss_feed&utm_medium=rss%3Fref%3D6381&utm_campaign=rss_partner_inbound
The cost of sending Bitcoin is now the cheapest it’s been in nearly one year—just as the price of the biggest cryptocurrency nears its all-time high. Data from Bitinfocharts shows that the average transaction cost on the Bitcoin blockchain stands at $0.73. That’s the lowest fee cost registered since August 2023, when it briefly touched 64 cents. When Decrypt tried…
The Solana memecoin creation tool’s cumulative fee revenues are approaching $75 million, according to DefiLlama. Source: https://cointelegraph.com/news/pump-fun-flips-ethereum-24-hour-revenue-generation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A new report from Bernstein Research highlights the growing prominence of cryptocurrency in the 2024 U.S. presidential election—and concludes that Kamala Harris’s olive branch could be arriving “a tad late.” According to the report, the Kamala Harris campaign is seeking to reset relations with crypto companies, having reached out to prominent firms in the sector. Any reset would follow a…
Solana dog coin Billy (BILLY) was abandoned by its dev shortly after being born. But onlookers believed he was too cute to spend the rest of his days in the pound and helped lift him to a $200 million market cap. Billy was born on Pump.fun in early June. According to SolScan, the dev sold all of their tokens within…
Heather Morgan, aka Razzlekhan, has been spotted in several Bitcoin events, the latest at the Bitcoin Conference 2024. Source: https://cointelegraph.com/news/bitfinex-hacker-heather-morgan-bitcoin-conference-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty explained that Wazirx “will soon launch a feedback form to collect more ideas.” He emphasized the importance […] Source: https://news.bitcoin.com/wazirx-says-poll-is-not-final-shares-additional-cyberattack-recovery-plan/
The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country. Source: https://cointelegraph.com/news/coinbase-digitalx-bitcoin-etf-custody-australia?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound
Tron founder Justin Sun has urged China to reassess its position on Bitcoin, following former President Donald Trump’s endorsement of the digital currency and plans to make the U.S. the world crypto capital. Trump pledged to create a “strategic Bitcoin stockpile” for the U.S. during his keynote address at the Bitcoin 2024 conference in Nashville on Saturday. “As the final…
