The cryptocurrency market witnessed a robust rally as Bitcoin surged past the $61,000 mark, buoyed by strong ETF inflows and renewed institutional interest. This bullish momentum has spilled over into major altcoins, with XRP (XRP), Binance Coin (BNB), and Tron (TRX) leading the charge. However, the landscape is shifting, prompting experts to recommend new strategies for traders. XRP has risen…
Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature. Bitcoin Staking Protocol by Babylon Goes Live Babylon‘s mainnet launch introduces a staking protocol that allows bitcoin […] Source: https://news.bitcoin.com/babylon-launches-trustless-bitcoin-staking-protocol-on-mainnet/
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Source: https://cointelegraph.com/news/coinbase-base-4-million-active-addresses-onchain-summer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance. Source: https://cointelegraph.com/news/ledn-50m-bitcoin-backed-loan-sygnum-syndicated?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Most meme coins are up as the sector wakes after Tron released its own version of Pump.fun. In turn, market favorites Pepe (PEPE), Dogwifhat (WIF), and Brett (BRETT) have all leaped in value. The biggest winner on the day is Sundog (SUNDOG) the largest meme coin launched through SunPump, the Pump.fun competitor launched by controversial Tron creator Justin Sun. Within…
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $61.98 million, while spot ether ETFs experienced net outflows totaling $13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH ETF category. Spot Bitcoin ETFs Gain $61.98M, Ether ETFs Face […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-see-61-98m-inflows-on-monday-as-ether-etfs-struggle/
This Hedge Fund Buys Meme Coins. Here’s Why. Crypto hedge fund Stratos bought Dogwifhat (WIF) when it was just 1 cent and has since continued investing in meme coins. We spoke with Rennick Palley, founder of Stratos, to hear the firm’s perspective on investing in these tokens. Source: https://decrypt.co/videos/interviews/2ONS3oez/this-hedge-fund-buys-meme-coins-heres-why
Japanese firm Metaplanet has purchased of ¥500 million ($3.4 million) worth of Bitcoin, bringing its total corporate holdings to ¥3.45 billion. Metaplanet announced the news in an August 20 note, revealing that it had completed the purchase of 57.273 BTC at an average purchase price of ¥8,730,117 (around $59,600) per Bitcoin. The firm’s total Bitcoin holdings now amount to 360.368…
Starknet’s inaugural staking vote introduces mechanisms for minting and parameter adjustments, paving the way for staking by October 2024. Source: https://cointelegraph.com/news/starknet-first-staking-vote-mainnet-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Status partners with Linea, marking the beginning of a significant contribution to Linea’s zkEVM-powered L2 rollup as part of a broader decentralization effort. Source: https://cointelegraph.com/news/linea-status-network-first-contributor-l2-rollup?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
