Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify. Source: https://cointelegraph.com/news/bitcoin-price-drop-to-52k-rises-as-btc-derivatives-data-shows-traders-losing-hope?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Coinbase Urges SEC to ‘Abandon’ Its ‘Irrational’ DeFi Exchange Rule
Coinbase once again came out swinging Monday against the U.S. Securities and Exchange Commission (SEC’s) yearslong attempt to expand a bureaucratic definition of the word “exchange,” which if successful would bring the DeFi ecosystem firmly under the regulator’s purview. In an eight-page comment submitted to the SEC on Monday, Coinbase Chief Legal Office Paul Grewal chastised the potential rule change…
SEC charges Novatech, company founders, promoters with Fraud
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets. Source: https://cointelegraph.com/news/sec-charges-novatech-founders-promoters-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […] Source: https://news.bitcoin.com/mixed-fortunes-for-us-eth-etfs-blackrock-fidelity-and-bitwise-thrive-amid-market-shifts/
Bitcoin Price Slump Tied to Rise of Kamala Harris Over Trump, Says Bernstein
Growing excitement over the Kamala Harris presidential campaign may be contributing to Bitcoin’s recent price decline, analysts at Bernstein wrote in a report published Monday. Odds that Harris will win the election have shot up in recent polls, as well as on crypto prediction markets platform Polymarket since President Joe Biden backed out of the race for the Democratic candidacy…
Gigachad: A Crypto Coin With An Alpha Male Mindset
Gigachad: A Crypto Coin With An Alpha Male Mindset Gigachad is a meme coin centered around a meme that originates from 2017 after a photographer posted a bodybuilder with an unrealistically insane body. He was later named ‘Gigachad’ by 4Chan users. Source: https://decrypt.co/videos/interviews/RX3dVA4f/gigachad-a-crypto-coin-with-an-alpha-male-mindset
Democratic Crypto Voters Are Still ‘Up for Grabs’ This Election: Poll
Could crypto holders influence the result of this year’s U.S. presidential election? According to Paradigm, a prominent crypto venture capital firm, fresh polling data suggests yes. In a report released by Paradigm Monday, the company stated that “making inroads with crypto owners” could boost Vice President Kamala Harris’ victory odds come November. Specifically looking at Democrats, the company found that…
Deadrop Co-Creator Discusses ‘Shock’ of Dr. Disrespect Allegations & Future Plans
Deadrop Co-Creator Discusses ‘Shock’ of Dr. Disrespect Allegations & Future Plans More than a month after famed gaming influencer Dr. Disrespect was dropped by Midnight Society, the studio building the first-person shooter Deadrop, the team has finally broken its silence in an exclusive interview with Decrypt’s GG to discuss the move to remove the streamer from the company—and how the…
SUI and ZETA Lead the Week’s Crypto Gains, Monero Dips Slightly
Despite the recent dip in the crypto market, several digital currencies have experienced solid growth over the past week. Leading the pack, SUI saw a 95.6% increase against the U.S. dollar, with ZETA following closely, jumping 71.9% this week. Crypto’s Top Weekly Performers As of 12 p.m. EDT on Monday, the global crypto market has […] Source: https://news.bitcoin.com/sui-and-zeta-lead-the-weeks-crypto-gains-monero-dips-slightly/
US Democrats are ‘increasingly gravitating towards crypto’ — Poll
A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation. Source: https://cointelegraph.com/news/democrats-gravitating-crypto-paradigm-poll?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound