On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over the past day. Binance CEO Richard Teng noted that this “marks […] Source: https://news.bitcoin.com/crypto-market-volatility-fuels-1-2b-inflows-at-binance/
Month: August 2024
Valour to launch digital asset ETPs in Kenya
Valour is moving out of Europe to the green pastures of Africa by way of passporting. Source: https://cointelegraph.com/news/valour-launches-digital-asset-etps-nairobi-securities-exchange?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
Nassim Nicholas Taleb says gold still stands apart as a store of value. Source: https://cointelegraph.com/news/the-black-swan-author-says-bitcoin-poor-hedge-against-market-meltdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty. Source: https://cointelegraph.com/news/ronin-white-hat-attacker-returns-10-million-eth-after-apparent-accidental-front-run?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Data points to Ethereum price making a short-term rally to the $3.2K level
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning. Source: https://cointelegraph.com/news/data-points-to-ethereum-price-making-a-short-term-rally-to-the-3200-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What is PolitiFi? The Wave of Political Meme Coins
The cryptocurrency industry is a diverse place, encompassing everything from serious projects with lofty goals like “banking the unbanked” to light-hearted and sometimes satirical meme coins. Meme coins have been around since Dogecoin, but have captured increasing attention as the industry matures. One of the latest developments in the space is PolitiFi—meme coins that offer a unique blend of political…
US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […] Source: https://news.bitcoin.com/us-lawmakers-push-for-cftc-action-against-election-gambling-amid-polymarkets-rise/
Crypto Gaming Showdown: Why Lovely Legends is Set to Outshine Hamster Kombat
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both gaming enthusiasts and cryptocurrency investors. Unprecedented Airdrop Initiative In an unparalleled move, Lovely Legends […] Source: https://news.bitcoin.com/crypto-gaming-showdown-why-lovely-legends-is-set-to-outshine-hamster-kombat/
Industry responds to Kamala Harris’ VP pick, despite no clear crypto platform
Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation. Source: https://cointelegraph.com/news/kamala-harris-tim-walz-clarity-crypto-policy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Bull-Bear Market Cycle signals potential bear market — analyst
Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan’s rate hike and the Federal Reserve’s inaction. Source: https://cointelegraph.com/news/bitcoin-bull-bear-market-cycle-signals-potential-bear-market-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound