Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses. Source: https://cointelegraph.com/news/bitcoin-new-addresses-hint-at-renewed-interest-from-retail-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
‘Definitely some movement’ on Bitcoin ETF options as CBOE re-files application
CBOE has filed an updated 44-page rule change proposal “with more meat,” which could be good news for those hoping for options trading on spot Bitcoin ETFs. Source: https://cointelegraph.com/news/movement-on-bitcoin-etf-options-as-cboe-re-files-application?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun to give $80 if tokens complete bonding curve — will it stop rugs?
Pump.fun is incentivizing memecoin creators to get their tokens off to a successful launch, but the jury’s out whether it will stop bad actors from rugging their tokens early. Source: https://cointelegraph.com/news/pump-fun-offers-80-dollars-tokens-complete-bonding-curve-will-it-stop-rug-pulls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Donald Trump Jr. is launching a crypto platform to ‘take on’ the banks
Donald Trump Jr. has finally revealed what his cryptic DeFi post on X was all about, and it’s got nothing to do with memecoins. Source: https://cointelegraph.com/news/donald-trump-jr-launching-crypto-platform-take-on-banks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million in Stolen User Funds Crypto exchange Binance announced on Wednesday that its security team […] Source: https://news.bitcoin.com/binance-security-team-recovers-73-million-in-stolen-crypto-funds-this-year/
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits […] Source: https://news.bitcoin.com/bitcoin-breaks-past-the-60k-threshold-jumps-26-in-3-days/
Bitfarms stock rises 22% after Q2 loss came out better than expectations
Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report. Source: https://cointelegraph.com/news/bitfarms-stock-rises-22-after-q2-loss-came-out-better-than-expectations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to […] Source: https://news.bitcoin.com/former-sec-official-urges-15000-morgan-stanley-advisors-to-say-no-to-bitcoin-etfs-citing-mammoth-risk/
Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart
Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions. Source: https://cointelegraph.com/news/bitcoin-price-62k-bullish-chart-pattern-bull-hammer-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Palantir surges 11% after deal to sell AI to US defense, intel agencies
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community. Source: https://cointelegraph.com/news/palantir-pltr-shares-surge-eleven-percent-deal-sell-ai-us-defense-intel-agencies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound