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📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 8, breaking down the latest crypto headlines.
Don’t miss out — tune in now ✨
⚖️ U.S. Lawmaker French Hill Demands Release Of Detained Binance Executive After Shocking Video
U.S. lawmaker French Hill is calling for the release of detained Binance executive Tigran Gambaryan. Here's why.
🚨 US Prosecutors Deny Breach of Plea Deal with FTX’s Ryan Salame
Prosecutors deny breaching plea deal with former FTX exec Ryan Salame! But the legal battle rages on, with allegations of campaign finance violations, bribery, and misconduct.
🤝 Mastercard Partners with Mercuryo to Expand Support for Non-Custodial Crypto Wallets
Global payment leader Mastercard has partnered with European crypto payments provider Mercuryo to expand support for non-custodial wallets.
🤝 3 Japanese Megabanks to Trial Cross-Border Stablecoin Transfer for Faster Settlements
Japan’s top three megabanks are launching a pilot project aimed at speeding up international settlements using stablecoins.
📢 KBW2024: Chain Abstraction, Modularity, AI and Alt Layer 1s Reign Prominent
From orange burrito bags to chain abstraction and modularity. What happened at Korea Blockchain Week 2024? Cryptonews' Tanzeel Akhtar shares the scoop.
2. PEPEKING (PEPEKING/WETH) 🚀
🔹 24h Price Change: +17,985%
🔹 Current Price: $0.001857
🔹 Strong Momentum: PEPEKING has seen a significant price rise, increasing by 17,985% in the past 24 hours.
🔹 Market Buzz: This rise may be driven by social media hype or community-driven efforts around PEPE-themed tokens.
🔹 Strategic Insight: Keep an eye on community forums or market movements to gauge further developments.
🔹 Trade Wisely: Be cautious of speculative bubbles and prepare for any potential volatility.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨🔧 Magic Eden Introduces Exclusive US Domain, Segregating NFT Services in US
Leading non-fungible token (NFT) marketplace Magic Eden has unveiled plans to launch a separate domain exclusively for its U.S. users.
📉 U.S. Spot Bitcoin ETFs See $1 Billion in Net Outflows Over Seven Consecutive Trading Days
U.S. spot Bitcoin ETFs have recorded net outflows exceeding $1 billion over a seven-day period from August 27 to September 5.
📊 Trump Family’s Crypto Venture May Struggle Due to Critical Challenges, Experts Warn
The Trump family’s crypto project, World Liberty Financial, aims to boost the US dollar, but faces major challenges.
Trump Reiterates Promise to Make US the Global ‘Crypto Capital’ if Re-Elected
🇺🇸 Former US President Donald Trump once again stressed his intentions to make the US the “world capital for crypto and Bitcoin,” if re-elected.
Telegram CEO Addresses Platform Abuse In First Comments Since Arrest
In his first comments post-arrest, Telegram CEO Durov admitted rapid growth to 950m users enabled criminal misuse.
🎉 Riot Surpasses 10,000 Bitcoin Held: August Production Update
🚀 Riot Platforms has surpassed 10,000 Bitcoin in holdings as of August 2024! Despite facing challenges, they're expanding their mining infrastructure and optimizing power strategies. 💪💡
Crypto Lobbying Increases 1400% Since 2017: Data Shows
Social Capital Markets reports that Crypto lobbying efforts have increased by 1,386% since 2017, with crypto companies spending over $40 million in 2023 alone.
India's FIU Mulls Approval of Foreign Crypto Exchanges
India’s FIU reviews applications from four offshore crypto exchanges, potentially approving two by March 2025. Will global platforms soon return to the Indian market?
📊 Ethereum's Rising Inflation 'Not Necessarily a Bad Thing,' Analysts Say
Ethereum has turned inflationary, but that may not be a bad thing, according to three analysts and founders interviewed by Cryptonews.
🚀 300ms Transactions: The Future of Bitcoin and Dogecoin with Zero-Knowledge?
💡 QED Protocol is revolutionizing Bitcoin and Dogecoin scalability with zero-knowledge technology, making transactions faster, more private, and infinitely scalable! 🔒⚡️
📈 Bitcoin’s Tough Month: Glassnode Points to Short-Term Holders as Risk Factor
Analysts point to a potential “source of risk” as short-term Bitcoin holders grapple with unrealized losses, raising concerns of potential sell-off pressure.
💬 Vitalik Buterin's Donation Sparks Debate As Community Question Motive
Vitalik Buterin's latest donation has ignited a fiery debate in the crypto community! Critics question his motives and focus on technical discussions while he addresses concerns over his Ethereum sales.
🚀 EPUMP (EPUMP/WETH) Daily Analysis - September 6th, 2024:
👉 Overview:
EPUMP is a mid-cap token that has seen an extraordinary price increase in recent activity, with a notable market presence and substantial liquidity.
👉 Key Metrics:
🔸 Market Capitalization: $32.45M, positioning EPUMP as a mid-cap token with solid growth potential.
🔸 Liquidity: $785.01K, which is relatively high, providing stability for trades and limiting price slippage even during large transactions.
🔸 Circulating Supply: 20.00B tokens, with the entire supply already in circulation, indicating no future inflation of token supply.
🔸 Holders: 347, showing a growing but still niche group of investors.
🔸 24-Hour Trading Volume: $4.80M, a substantial figure that reflects a very active market and investor interest.
🔸 Current Price: $0.001622, representing a 10,666% price surge in the past 24 hours.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
3. World Liberty Fi (WLFI/WETH) 🚀
🔹 24h Price Change: +20,254%
🔹 Current Price: $0.0005021
🔹 Steady Rise: World Liberty Fi has gained traction with a 20,254% increase in price.
🔹 Market Buzz: The surge could be tied to decentralized finance (DeFi) developments, announcements, or speculative interest.
🔹 Strategic Insight: Investigate the project's fundamentals and any recent market activities to understand the price movement.
🔹 Trade Wisely: Monitor trends closely, as price shifts of this magnitude can bring about sudden changes in market sentiment.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. SoloPanda (Panda/WETH) 🚀
🔹 24h Price Change: +75,744%
🔹 Current Price: $0.01818
🔹 Massive Surge: SoloPanda has witnessed an extraordinary 75,744% price surge, making it one of the biggest gainers of the day.
🔹 Market Buzz: This spike might indicate a growing market interest or speculative trading. Community-driven events or social media trends could also play a role.
🔹 Strategic Insight: Investigate any significant movements or announcements behind this massive price increase.
🔹 Trade Wisely: Monitor for potential corrections, as such a sharp rise often leads to volatility.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
Ripple Plans to Offer Stablecoin in Japan: CEO Brad Garlinghouse
Ripple is right now focused on getting the RUSD live and an yen-backed stablecoin is a “matter of time,” said Garlinghouse.
📊 Cryptocurrency price check 📊
🔹 BTC: $55,818 - 2.37%
🔹 ETH: $2,351 - 2.41%
🔹 BNB: $503 - 0.68%
🔹 XRP: $0.53 - 3.52%
🔹 ADA: $0.31 - 1.81%
🚨 Telegram Updates Policy to Allow Flagging of 'Illegal Content' in Private Chats for Moderator Review
Telegram has updated its policy to allow users to flag illegal content in private chats for moderator review.
Arthur Hayes Sees Bitcoin Drop Below $50K Over Weekend, Places Short Bet
Arthur Hayes predicts Bitcoin will drop below $50,000 this weekend, revealing he has placed a short bet on the asset.
🇧🇷 Brazil's Central Bank Selects Visa, Santander for CBDC Pilot Phase 2
💰 The Central Bank of Brazil has selected Visa and Santander to lead the second phase of its Drex pilot, focusing on smart contracts and optimizing financial services. 🚀🤝
🚨 UK FCA Reveals 87% of Crypto Firms Failed to Secure Licensing Under Money Laundering Rules
📊 The UK FCA says 87% of crypto firms seeking licensing under money laundering rules failed to secure approval in the last year. 🇬🇧🔒
🇨🇦 Canadian Authorities Launch New Project to Combat Crypto Fraud
Alberta Securities Commission, in partnership with police, announces a new challenge to find innovative solutions against rising crypto fraud.
🪙Future Forward PAC Accepting Crypto Donations Via Coinbase Commerce, Supporting Kamala Harris Campaign
Kamala Harris-supporting super PAC Future Forward is now taking crypto donations via Coinbase Commerce. Here's the latest.