Decentralized exchange (DEX) PancakeSwap has introduced a new Telegram bot that allows users to make price predictions for BNB, the native token of the BNB Chain. The bot, launched on September 11, brings PancakeSwap’s existing prediction market functionality to the popular messaging platform. This follows PancakeSwap launching its prediction market in June. At the time, Pancakeswap’s pseudonymous product manager Chef…
Month: September 2024
Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021. Source: https://cointelegraph.com/news/bitcoin-dismisses-cpi-print-daily-btc-price-losses-pass-3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price struggles as bears overtake bulls in futures markets
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside. Source: https://cointelegraph.com/news/bitcoin-bears-dominate-futures-market-price-dip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […] Source: https://news.bitcoin.com/calm-markets-stocks-crypto-and-gold-show-little-movement-post-cpi/
Friend.tech team sold $52M in 6 months, faces rug pull allegations
The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application. Source: https://cointelegraph.com/news/friend-tech-team-faces-rug-pull-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Major memecoins are down 63% on average despite market frenzy
The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds. Source: https://cointelegraph.com/news/major-memecoins-down-market-frenzy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chainlink dominance challenged by Pyth’s 46X growth in 2024
While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market. Source: https://cointelegraph.com/news/chainlink-faces-rising-competition-pyth-grows-tvs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. Source: https://cointelegraph.com/news/bitcoin-etf-security-fbi-north-korea-hackers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Prediction market interest fuels launch of PancakeSwap Telegram bot
Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election. Source: https://cointelegraph.com/news/pancakeswap-launches-prediction-telegram-bot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows totaling $116.96 […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-see-second-day-of-inflows-adding-nearly-117m/