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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
📽 It's time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with the fifth episode, breaking down the latest crypto headlines.
Don’t miss out—tune in now and stay ahead of the curve! 👍
⛏️ Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion
Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.
🚀 X.COM (XCOM/WETH) Daily Analysis - August 16th 2024:
👉 Overview:
🔸 X.COM (XCOM) is a cryptocurrency with a significantly high market capitalization and supply.
👉 Key Metrics:
🔸 Market Capitalization: $34.85T, which is extraordinarily high, making it one of the largest by market cap in the crypto market.
🔸 Liquidity: $9.99K, indicating very low liquidity relative to its market cap.
🔸 Circulating Supply: 839,966.38T tokens, a very high supply, which typically dilutes the price per token.
🔸 Holders: 1.97K, a decent number of holders, indicating a community of investors.
🔸 24-Hour Trading Volume: $10.00K, indicating low trading activity, especially considering the massive market cap.
🔸 Current Price: $0.00004148, a low per-token price, which is common for tokens with a very high supply.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
2. Sundog (SUNDOG/WTRX) 🚀
🔹 24h Price Change: +68,949%
🔹 Current Price: $0.04440
🔹 Impressive Growth: Sundog has seen a substantial increase of 68,949% over the past 24 hours, signaling a strong upward movement.
🔹 Market Buzz: This significant rise points to growing attention in the market, potentially influenced by recent developments or strategic moves within the community.
🔹 Strategic Insight: Investigate any recent catalysts or partnerships that might be driving Sundog's price increase to better understand its performance.
🔹 Trade Wisely: Given the rapid price movement, stay alert to market fluctuations and consider implementing risk management strategies to protect your investments.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
Donald Trump Reveals $5M in Crypto Holdings, Nets $7M from NFT Foray
Donald Trump has crypto investments worth up to $5m and earned more than $7m from his venture into NFTs, financial disclosures for the 2024 election showed.
📊 Cryptocurrency price check 📊
🔹 BTC: $58,459 + 0.59%
🔹 ETH: $2,622 + 0.05%
🔹 BNB: $520 + 0.89%
🔹 XRP: $0.56 + 0.61%
🔹 ADA: $0.32 - 2.28%
South Korea's Public Pension Fund Invests $33.75M in MicroStrategy Shares
🇰🇷 South Korea's Public Pension Fund invested $33.75 million in MicroStrategy shares during the second quarter of this year.
🚨 AEUR Holders Could Face Losses Amid FlowBank Bankruptcy
AEUR stablecoin in jeopardy! 💶❌
FlowBank's bankruptcy shakes Euro peg, putting holders at risk.
🚨 New podcast with Cooper Scanlon, Co-founder of Movement Labs
In this conversation, Matt and Cooper discuss:
- The Move programming language
- Using web3 tech to create your own change
- "Building The Parthenon"
🔊 https://loom.ly/-GIG79E
🇺🇸 Senator Kirsten Gillibrand Sings Kamala Harris' Praises At Crypto Town Hall
Sen. Kirsten Gillibrand sang @KamalaHarris praises at a @Crypto4Harris town hall this week. Here's what she said.
🚨 Scott Johnson, the mastermind behind Digital Shovel, shares his insights on the crypto landscape in an exclusive interview with Matt Zahab!
Don’t miss this—watch the full video here!
🇺🇸 Rep. Wiley Nickel Blasts Trump In Crypto For Harris Town Hall
@RepWileyNickel has criticized @realDonaldTrump at a recent Crypto For Harris event. Here's what he had to say.
💰 Vitalik Buterin Donates Animal-Themed Meme coins to Charity
Vitalik Buterin Donated Over $500K to Charity 🌎, advocating for more "sophisticated public goods fun-ding".
US Debuts First Leveraged MicroStrategy ETF to Amplify Bitcoin Exposure
The U.S. Securities and Exchange Commission (SEC) has approved the launch of the first leveraged ETF named MSTX, issued by Defiance ETF to target MicroStrategy stock.
📍Cronos zkEVM Goes Live, Boosting Ethereum Scalability
Cronos Labs has launched Cronos zkEVM, a new Layer-2 based on ZKsync technology – a significant step forward for the Cronos ecosystem, extending its reach beyond the existing EVM and POS chains.
📉 Bitcoin Funding Rates Plummet on Binance as Short Positions Dominate Market
Bitcoin funding rates on Binance have dropped to their lowest levels of the year, reflecting a marked shift in market sentiment.
💼 Dubai Court Rules in Favor of Salaries Payment in Crypto
Dubai embraces the future of work as court rules crypto 💰 salaries are legal.
3. FUKU (FUKU/WETH) 🚀
🔹 24h Price Change: +54,093%
🔹 Current Price: $0.003349
🔹 Strong Surge: FUKU has experienced a significant 54,093% rise in the last 24 hours, showcasing strong market momentum.
🔹 Market Buzz: The price increase suggests heightened interest and possibly increased trading volume, likely fueled by recent news or community-driven activity.
🔹 Strategic Insight: Explore recent developments or market trends surrounding FUKU to understand the reasons behind its sharp rise.
🔹 Trade Wisely: Approach trading with caution due to the high volatility.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. PEPEETF (PEPEETF/WETH) 🚀
🔹 24h Price Change: +89,456%
🔹 Current Price: $0.005583
🔹 Massive Surge: PEPEETF has skyrocketed by 89,456% in the last 24 hours, making it one of the top performers in the market.
🔹 Market Buzz: This extraordinary price jump indicates a significant influx of market interest and trading volume, possibly driven by recent news or heightened community engagement.
🔹 Strategic Insight: Analyze the factors behind PEPEETF's explosive growth by reviewing recent market trends, announcements, or social media activity.
🔹 Trade Wisely: Exercise caution in trading, as such high volatility can lead to rapid changes in price.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
Jane Street Reduces GBTC Holdings by 85%, Acquires IBIT Shares Worth $221M
Wall Street trading firm Jane Street has significantly reduced exposure to Grayscale Bitcoin Trust (GBTC) by 85%.
🇦🇷 Crypto Exchange Bybit Registers as Virtual-Asset Services Provider in Argentina
Cryptocurrency exchange Bybit has registered as a virtual asset service provider (VASP) and card operator with the Financial Information Unit (FIU) in Argentina.
Donald Trump Jr. Debuts Telegram Channel for New Crypto Project
Donald Trump Jr. has officially launched a Telegram channel called “The DeFiant Ones,” signaling the Trump family's imminent foray into the decentralized finance space.
⛔ Crypto Hacks and Ransomware Increase, Illicit Crypto Transactions Decline: Chainalysis
@chainalysis reports a decline in overall illicit crypto transactions, but hacking and ransomware attacks are on the rise. Here's the latest.
💰Chaos Labs Raises $55M to Expand Onchain Economic Security Solutions
Chaos Labs has secured $55 million in latest funding led by Haun Ventures to enhance onchain risk management and economic security solutions.
Donald Trump Reshares AI Video of Him and Musk Dancing to 'Staying Alive'
Following an interview on X, where cryptocurrencies went on unmentioned, @realdonaldtrump shared a viral AI video of himself and Elon Musk dancing to "Staying Alive"
⚠️Bitso Partners With Coincover For Digital Asset Security In Latin America
Bitso collaborates with Coincover to enhance security measures for digital assets across Latin America, improving disaster recovery.
🤝OKX Wallet Brings Solana's Blinks to Ethereum
OKX Wallet integrates Solana's Blinks, enabling users to execute blockchain transactions effortlessly from social media platforms.
⚡️ Blockchain Futurist Day 2 Spotlight!
🔥 Matt Zahab speaks with Patrick Dunlop, Founder of Jackal Labs, about the evolving crypto landscape in Canada!
Get the full story—watch the video here!
🚨 WazirX Undergoes 8-Hour System Outage for Balance Restoration After Hack
WazirX down for 8 hours! $234M hack cleanup in progress, balances to be restored.
🚨 Law Enforcement Arrests Suspects in $14.4M Holograph Heist
Crypto hackers busted!
$14.4M Holograph heist suspects arrested in Italy.