As Donald Trump eyes a potential return to the White House, his involvement in a new cryptocurrency venture called World Liberty Financial (WLFI) is raising eyebrows. Promoted as a decentralized finance platform, WLFI claims to “put the power of finance back in the hands of the people.” However, critics suggest that the Trump crypto venture is less about decentralization and…
The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies, and futures. Source: https://cointelegraph.com/news/state-street-galaxy-launch-3-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report. […] Source: https://news.bitcoin.com/glassnode-reports-rising-bitcoin-hashrate-etf-outflows-and-lower-investor-engagement/
An unknown, standalone Bitcoin miner scored $180,000 on Tuesday, defeating overwhelming odds to mine one of Bitcoin’s latest blocks. According to mempool.space, block 860749 was mined by Solo CK—a unique mining pool that doesn’t split mining rewards between its participants. That means one miner won a full 3.169 BTC (worth about $181,000 as of writing) for their efforts, inclusive of…
The integration allows Venmo and PayPal users to transfer cryptocurrency using simple ENS names, replacing long wallet addresses. Source: https://cointelegraph.com/news/ens-labs-integrates-ethereum-name-service-paypal-venmo-crypto-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meme coins buck last week’s downtrend and embark on a bullish pathway. Among the top gainers are Popcat, Dogs, Dogwifhat, Dogecoin, and Brett, while the new presale token Pepe Unchained is also showing strength. Meme Coin Prices Surge On Market Recovery Joke token prices are rallying on a turn in market sentiment this week. Last […] Source: https://news.bitcoin.com/meme-coin-prices-rebound-as-pepe-unchained-raises-12-5m-in-presale-best-crypto-to-buy/
Democratic Congresswoman Maxine Waters (D-CA) upheld World Liberty Financial, an upcoming crypto lending platform promoted by Donald Trump and his sons, as an example of heightened risks that consumers face when engaging in decentralized finance (DeFi) on Capitol Hill Tuesday. Last week, Twitter (aka X) accounts belonging to Tiffany Trump (Donald’s daughter) and Republican National Committee Chairwoman Lara Trump (Donald’s…
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $5.2 million during the trading session. Bitcoin ETFs Recover $28.72M in Inflows; Ether ETFs Shed […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-snap-outflow-trend-with-28-72m-inflows-ether-etfs-falter/
The FCA is throwing the book at the head of GidiPlus Limited for operating an ATM network after being denied registration. Source: https://cointelegraph.com/news/uk-first-crypto-atm-criminal-charges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
It will be an important test case for EigenLayer and other restaking protocols, which promise extra yield on staked tokens in exchange for securing additional networks. Source: https://cointelegraph.com/news/eigenlayer-avs-arpa-launch-native-restaking-rewards-september?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
