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The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial. origin »
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. origin »
Last week was marked by two new legislative initiatives for the crypto industry in the United States.
origin »Bitcoin slipping to $29,200 followed a two-month trading period in which BTC retained a tight range between $30,000 and $31,000. The drop was substantial, causing the most significant liquidation event in recent weeks, accounting for around $85 million. origin »
Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active. origin »
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. origin »
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
origin »Venom Blockchain has reached one million wallets on its testnet within just two months of its launch, according to a July 25 statement shared with CryptoSlate. The blockchain network’s Foundation attributed the rapid adoption “to its innovative technology, rigorous regulatory compliance, and secure, user-friendly environment catering to a diverse user base. origin »
Quick Take As the upcoming FOMC meeting looms tomorrow, July 26, anticipation builds up around the Federal Reserve’s projected interest rate hike of another 25 basis points. Market estimates attribute a near-certainty to this adjustment, assigning it a 99% probability. origin »
In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together. origin »
As the world of cryptocurrencies continues to expand, investors are always on the lookout for the next big thing. With the launch of its presale, Golden Cask Club (GCC) has emerged as a unique investment opportunity that could outpace well-established cryptocurrencies like ApeCoin (APE) and Litecoin (LTC). origin »
Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in price in the past few months as a result of this, ranging around $30,000 for almost a month. origin »
UK data regulator, the Information Commissioner Office (ICO), has laid out intentions to probe the newly launched crypto project Worldcoin. According to a report by Reuters on July 25, the ICO has taken notice of WorldCoin’s launch in the UK and will now proceed to “making further inquiries. origin »
Data shows the Bitcoin Coinbase Premium Gap has turned negative recently, a sign that large US-based investors may be selling currently. Bitcoin Coinbase Premium Gap Has Remained Near Neutral For A While Now As pointed out by an analyst in a CryptoQuant post, the interest from US investors in the asset has declined during the last couple of months. origin »
The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. origin »
Worldcoin’s (WLD) recent launch has drawn Britain’s regulatory scrutiny amid community concerns over its privacy issues. Reuters reported that a spokesperson for the Information Commissioner’s Office (ICO) acknowledged the project’s launch, adding that the regulatory body would inquire further about its operations. origin »
The crypto landscape is witnessing a profound shift as innovative projects like InQubeta redefine the meaning of progress and achievement. Even powerhouses like Chainlink (LINK) and Ripple (XRP) are recognizing the formidable influence InQubeta’s (QUBE) AI dominance and vision are having in the crypto space. origin »
In the fast-changing world of digital assets, new names keep popping up every day, but the interest in Borroe (ROE) is growing at an unprecedented pace. More specifically, the pioneering platform that challenges the traditional finance and invoice financing markets is stirring discussions in the crypto community. origin »
A 25 basis point rate hike on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months. origin »
Plinko Crypto could be a well-known amusement that was modeled after the estimated diversion on the American diversion appear The Cost Is Right. So if you appreciate online betting and want to undertake your luckiness with cryptocurrency, this is often the diversion for you. origin »
Musk's Twitter rebranding has polarized crypto Twitter, but the billionaire's track record suggests this plan could succeed. The post Elon Musk’s Twitter Rebranding Announcement Catapults Dogecoin (DOGE) Price appeared first on BeInCrypto. origin »
The latest price moves in bitcoin (BTC) and crypto markets in context for July 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday. origin »
Blockchain analytical firm Kaiko reported that Ripple’s XRP is the top-traded altcoin for this year, with its trading volume exceeding $150 billion. XRP’s trading volume completely dwarfs that of other altcoins rival significantly, with the closest being Solana’s SOL, recording about $100 billion. origin »
Alphapo, a cryptocurrency payment service provider, reportedly suffered a significant security breach within its hot wallet, resulting in a loss of over $60 million, with some reports suggesting total losses could amount to around $100 million, according to De. origin »
During the second half of 2023, the price of bitcoin, the leading cryptocurrency, reached an impressive value of $31,200, despite the many challenges faced by the market. Analysts and experts are carefully studying different factors that could affect the future direction of the price and the possibility of a significant increase in the coming months. […] origin »
A revolutionary new gem, DigiToads (TOADS) is breaking new milestones during its ICO, reaching $6. 2 million in presale funds. This newfound interest in the next-gen meme coin seems to be impacting Polygon (MATIC), a popular altcoin, which has experienced a noticeable dip in price over the past week. origin »
Swingby Network has officially launched a V3 version of its Bitcoin bridge, designed to provide users with a better user experience, and enhanced interoperability. The Swingby Bridge allows its users to swap BTC to WBTC within a few clicks. origin »
Quick Take In the world of Bitcoin, recent trends have shown that short-term holders continue to capitulate, even as Bitcoin trades briefly just below $29,000. This trend has led to over 20,000 coins being sold at a loss, marking one of the highest levels of capitulation this year from short-term holders. origin »
Elon Musk unveiled new Twitter logo, X, as part of platform's revamp origin »
Embattled cryptocurrency exchange Binance and its executives, including CEO Changpeng ‘CZ’ Zhao and chief compliance officer Samuel Lim, have filed a motion to dismiss the charges levelled against them by the Commodity Futures Trading Commission (CFTC), as per a court filing dated July 24. origin »
The firm has claimed it complies with "very, very local and very specific rules and regulations in each of the markets where there's an Orb." origin »
Russian President Vladimir Putin’s signing of the bill to grant legal tender status to a “digital ruble” comes at a time of severe economic challenges for Russia, mainly due to the ongoing war in Ukraine and the subsequent Western sanctions imposed on the country. origin »
The recent drop in the spot price of Bitcoin from $30,263 to $29,201 has resulted in -1.11 million BTC (equivalent to -5.9% of the total supply) going into an underwater position. This means that the current market value of these specific BTC holdings is lower than the price at which they were acquired. As a […] origin »
Vitalik Buterin, a well-known programmer and creator of the Ethereum (ETH) cryptocurrency, has published a long post on his blog. He noted that the new digital currency Worldcoin (WLD) has “serious problems”. origin »
On-chain data reveals that Cardano investors are consolidating their positions in recent weeks. But, with Transaction Volumes hitting new heights, how will ADA price react in the mid to long-term? The post Cardano (ADA) Transaction Volume Hits 3-Month Peak —What’s Next For the Price? appeared first on BeInCrypto. origin »
“Bitcoin’s Journey: Approaching Block 800,000 and the Countdown to the Next Reward Halving The Bitcoin network recently marked the significant milestone of reaching block 800,000, leaving only 40,000 blocks remaining until the next reward halving event. origin »
While challenges remain, bitcoin’s growth in countries experiencing fiat currency collapses demonstrate a path toward global adoption. origin »
VC Spectra (SPCT) is bringing its unique value to the crypto market, with adherents scooping up the token in its first public presale. Interestingly, VC Spectra (SPCT) already raised $2. 4 million in its private seed sale. origin »
Although crypto majors like Avalanche (AVAX) have dominated the crypto space for a long time, their standing has dwindled amid the ongoing market turmoil. Besides, they have faced a major challenge from a new emerging project, Tradecurve (TCRV). origin »
Solana (SOL) and Chainlink (LINK) have been particularly successful during the first half of July. However, many crypto investors choose to diversify their portfolios with rewarding hidden gems like Borroe ($ROE). origin »
Ripple’s sales in 2023 have caused mixed feelings for members of the Ripple community, with many considering it bullish for the network while others see it as detrimental to XRP’s price action. What Has Happened With Ripple’s Sales? Compared to 2022, Ripple sold 37% more XRP per month in 2023, and a recent tweet by Mr. origin »
The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the dolphins and sharks of the top stablecoins like Tether (USDT) and USD Coin (USDC) may be relevant for the price of Bitcoin. origin »
As the eagerly anticipated Federal Open Market Committee (FOMC) meeting approaches, the financial world is abuzz with speculation about the potential implications for Bitcoin and crypto. Tomorrow, on Wednesday, July 26th, at 2 pm EST, the FOMC will announce its interest rate decision. origin »
As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional stocks, according to Bloomberg. origin »
The world’s eyes turned in excitement to the battle between Elon Musk's Twitter and Mark Zuckerberg's Threads, but users emerged as the real losers. origin »
Japanese investment firm SoftBank is partnering with robotic warehouse company Symbotic for a $100 million AI joint venture, GreenBox Systems LLC, and is reportedly buying Symbotic's AI systems for $7. origin »
Sam Altman co-founded Worldcoin released its network on Monday. origin »
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