Users will be able to earn restaking yield from layer-2 tokens on EigenDA. Source: https://cointelegraph.com/news/eigenlayer-eigenda-support-layer-2-native-token-restaking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserve’s September rate decision. Source: https://cointelegraph.com/news/ethereum-40-month-slump-bitcoin-dollar-freefall-scenario?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tron Jumps Into Top 10 on Meme Coin Hype as Telegram-Linked TON Falls
Tron (TRX) has leapfrogged Toncoin (TON) to become the 10th biggest cryptocurrency by market cap, following the arrest of Telegram boss Pavel Durov and a spike in interest in meme coins on Tron. However, the race is tight: TRX’s market cap currently stands at $14.31 billion; TON’s is $14.23 billion. French authorities arrested Pavel Durov, the founder and CEO of…
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities. Source: https://cointelegraph.com/news/french-authorities-pavel-durov-custody?utm_source=rss_feed&utm_medium=rss%3F1724690299392&utm_campaign=rss_partner_inbound
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities. Source: https://cointelegraph.com/news/french-authorities-pavel-durov-custody?utm_source=rss_feed&utm_medium=rss%3F1724689957798&utm_campaign=rss_partner_inbound
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap […] Source: https://news.bitcoin.com/paypals-pyusd-stablecoin-reaches-1-billion-market-cap-in-just-over-a-year/
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities. Source: https://cointelegraph.com/news/french-authorities-pavel-durov-custody?utm_source=rss_feed&utm_medium=rss%3F1724689671271&utm_campaign=rss_partner_inbound
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities. Source: https://cointelegraph.com/news/french-authorities-pavel-durov-custody?utm_source=rss_feed&utm_medium=rss%3F1724689557017&utm_campaign=rss_partner_inbound
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities. Source: https://cointelegraph.com/news/french-authorities-pavel-durov-custody?utm_source=rss_feed&utm_medium=rss%3F1724689390765&utm_campaign=rss_partner_inbound
FOMO HOUR 187 – AI TOKENS LEADING
FOMO HOUR 187 – AI TOKENS LEADING AI tokens lead ahead of Nvidia earnings. Crypto funds saw $533m inflows last week. BTC ‘bull market’ back on in IFP index. BTC close to ‘parabolic zone’ soon. Many coins ‘flipping back to bullish’ indicators. Open Interest begins to creep back up again. Binance Labs to focus on AI investments. 51 L2s now…