Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock’s head of digital assets. Source: https://cointelegraph.com/news/blackrock-foresees-very-little-interest-crypto-etfs-beyond-bitcoin-ethereum-bitcoin2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Interpol Issues Red Notice for Hong Kong Crypto Promoter ‘Coin Young Master’
The International Criminal Police Organization (Interpol) has issued red notices for two Hong Kong crypto promoters. Per South China Morning Post, Wong Ching-kit, known as “Coin Young Master,” is wanted on one count of fraud and two counts of theft, while his associate Mok Tsun-ting is sought on two counts of money laundering. According to reports in local media, the…
Staking in Ether ETFs: A Question of When, Not If
The potential for staking in Ether ETFs (exchange-traded funds) is generating significant buzz in the financial world. As the adoption of cryptocurrency continues to grow, the concept of integrating staking features into Ether ETFs seems less about if it will happen and more about when it will happen. This article explores the current landscape, the possibilities, and the optimistic outlook…
Solana Protocol Solend Rebrands as ‘Save’, Launches New Stablecoin and Token
The Solend protocol on Solana has changed its name to Save, and along with the change, is launching of a new stablecoin, liquid staking token, and a memecoin shorting platform. In a Wednesday announcement, Solend—now Save—described its platform as “Solana’s permissionless savings account.” The team also announced SUSD, saveSOL, and dumpy.fun. SUSD is a new decentralized stablecoin allowing 0% interest…
New Jersey mayor plans to invest in Bitcoin ETFs for city’s pension fund
Mayor Steven Fulop said he had been a “long-time believer“ in crypto but did not appear to have mentioned Bitcoin or other tokens before July 25. Source: https://cointelegraph.com/news/jersey-city-mayor-bitcoin-pension-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M
According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious wallet on Sept. 1, 2015. Significant Ether Transfer Worth $288M […] Source: https://news.bitcoin.com/whale-with-ethereum-foundation-link-transfers-92500-eth-worth-288m/
Crypto is democratizing investment banking options—Lightspark founder
Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville. Source: https://cointelegraph.com/news/crypto-democratizing-investment-banking-options-lightspark-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cardano ready for Chang hard fork after latest validator node release
The first phase of the Chang era is the beginning of the network’s transition to decentralized governance. Source: https://cointelegraph.com/news/cardano-chang-hard-fork-node-9-1-0?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
3 reasons why Bitcoin (BTC) price is down today
Strong macroeconomic data, fear of an artificial intelligence bubble and an ongoing court case could be factors in Bitcoin’s multiday correction. Source: https://cointelegraph.com/news/3-reasons-why-bitcoin-btc-price-is-down-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Political undertones stand out as Bitcoin 2024 hits Nashville
The Bitcoin 2024 conference is underway in Nashville – with Donald Trump’s address scheduled for July 27 a major drawcard to the event. Source: https://cointelegraph.com/news/political-undertones-trump-bitcoin-2024-nashville?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound