DeTrust Wallet will enable the creation of complex inheritance plans, including the creation of designated spending funds. Source: https://cointelegraph.com/news/ubd-network-decentralized-inheritance-web3-wallet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical indicators reveal persistent downward momentum, suggesting that traders should remain cautious […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-fails-to-break-key-resistance-levels/
Solana Meme Coins Slump as Degens Ditch Pump.fun
Meme coins on Solana are some of the biggest losers over the past week as token launchpad Pump.fun fell out of favor, with the category as a whole dropping by 21.7% on the week, per data from CoinGecko. On Saturday, Pump.fun was responsible for 5,388 new tokens created on Solana, according to Dune data. To put this into perspective, just…
Bilateral Settlement Between China and Russia Worsens Due to New Sanctions
The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use products, which can be used for both military and civilian purposes, as well as other merchandise. […] Source: https://news.bitcoin.com/bilateral-settlement-between-china-and-russia-worsens-due-to-new-sanctions/
Most Anticipated Video Games Releasing in September 2024
September has traditionally been the time of year when publishers start dropping all their big titles on us—it’s just ahead of the holidays, and close enough to the end of the year that standout games aren’t forgotten in Game of the Year discussions. This month’s slate of games includes plenty of sequels, remasters, and spinoffs, but there are also original…
Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September. Source: https://cointelegraph.com/news/crypto-305-million-outflow-us-economic-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Bounces Back From $57,000 as Exchange Reserves Hit Multi-Year Low
Bitcoin slipped to a 24-hour low of around $57,250 Monday morning, before staging a recovery to levels over $58,000. Per data from CoinGecko, Bitcoin’s price dropped to a low of $57,257.71 before recovering to its current price of $58,419.26, trading flat on the day and down 8.6% on the week, amid continuing outflows from investment products and a prevailing trend…
Monthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year. Source: https://cointelegraph.com/news/nft-sales-august-2024-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance exec’s trial brought forward despite no access to legal counsel
Amidst multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its Naira currency. Source: https://cointelegraph.com/news/binance-exec-trial-begins-no-access-legal-counsel?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A classic 'Rektember?' 5 Things to know in Bitcoin this week
BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next. Source: https://cointelegraph.com/news/classic-rektember-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound