Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout. Source: https://cointelegraph.com/news/ether-350m-unlocks-eth-price-2-2k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
NFTs Get the Last Word at Ashmolean’s ‘Money Talks’ Exhibition
Cryptocurrency and NFTs get the last word in a new art exhibition at Oxford’s Ashmolean—Britain’s first public museum, founded in the 1670s. The museum’s ‘Money Talks: Art, Society and Power’ exhibition is about “using art as a lens for the social history of money, but also how art and money come together in different ways,” its curator Dr. Shailendra Bhandare…
OneCoin ‘Cryptoqueen’ Ruja Ignatova’s Assets Frozen by UK Court
London’s High Court has issued a worldwide freeze order for the assets of alleged OneCoin fraudsters, including those of the infamous ‘Cryptoqueen’ Ruja Ignatova. According to an announcement shared with Decrypt, the case—initiated by over 400 victims of the OneCoin Ponzi scheme—resulted in a freeze order on the assets of Ignatova and OneCoin co-founder Sebastian Greenwood, along with Christopher Hamilton,…
Nairobi Securities Exchange, Valour Sign MOU to Enable Trade of Digital Asset ETPs in Africa
Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the issuance and trading of digital asset exchange-traded products in Africa. The NSE is hopeful the collaboration will result in better product offerings and a broader investor base. Passporting of Valour’s ETPs to the Nairobi Stock […] Source: https://news.bitcoin.com/nairobi-securities-exchange-valour-sign-mou-to-enable-trade-of-digital-asset-etps-in-africa/
Solana ETF Approved by Brazilian SEC
Brazil’s Securities and Exchange Commission (CVM) has approved a spot Solana exchange-traded fund (ETF). According to local business publication exame, the ETF, created by Brazilian asset manager QR Asset and operated by fund administrator Vortx, is in a pre-operational phase, pending approval by Brazilian stock exchange B3. The ETF will reference the CME CF Solana Dollar Reference Rate, created by…
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. Source: https://cointelegraph.com/news/immutable-closes-nft-marketplace-ecosystem-focus?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Source: https://cointelegraph.com/news/bitcoin-tax-free-zone-us-economic-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Source: https://cointelegraph.com/news/wazirx-undo-trades-withdrawal-halt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex to maintain. Users will still have the option to […] Source: https://news.bitcoin.com/mutiny-to-cease-operations-amid-technical-challenges-in-bitcoin-lightning-wallet-development/
Bitcoin Facing Selling Pressure From New Whales as BTC Hovers at $57,000
A perfect storm is brewing in the cryptocurrency market, as Bitcoin’s price struggles to gain traction despite a recent uptick. While the flagship cryptocurrency managed a modest 0.5% gain to $57,350 in early European trading, according to data from CoinGecko. But underlying market dynamics tell a more complex story. A key factor contributing to Bitcoin‘s price weakness is the aggressive…