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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/
🐸 PEPE Traders: How to Turn This Market Volatility into Profit
PEPE, a deflationary memecoin launched on Ethereum, has managed to halt its early downward trend and is now showing signs of recovery.
Marathon to Raise $250M via Convertible Notes for Bitcoin Purchase
Marathon Digital plans to raise $250 million via convertible notes to expand its Bitcoin holdings.
🚀 SuperRare (RARE/WETH) Daily Analysis - August 12th 2024:
👉 Overview:
🔸 SuperRare (RARE) is a notable token with a substantial market cap and liquidity metrics.
👉 Key Metrics:
🔸 Market Capitalization: $14.69B, indicating a large-cap status, suggesting a well-established and widely recognized token.
🔸 Liquidity: $47.41K, which is relatively low compared to its market cap.
🔸 Circulating Supply: 701.55 million tokens, reflecting a significant amount of tokens in circulation relative to its market cap.
🔸 24-Hour Trading Volume: $94.06K, relatively low in the context of its market cap, indicating less active trading compared to its size.
🔸 Current Price: $20.9942, a significant price level reflecting a high value per token.
🔸 Price Change: +63,442% over the last 24 hours, a dramatic increase that suggests a major recent event or significant market reaction.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
❌ MakerDAO Considers Restricting DAI Minting Against WBTC Amid Restructure Plans
MakerDAO is evaluating whether to halt the minting of its DAI stablecoin using Wrapped Bitcoin (WBTC) as collateral.
2. Grok 2 (GROK2/WETH) 🚀
🔹 24h Price Change: +59,415%
🔹 Current Price: $0.0001556
🔹 Impressive Rise: Grok 2 has experienced a substantial rise of 59,415% over the past 24 hours, making it a significant mover in the market.
🔹 Market Buzz: The dramatic price increase may be driven by recent announcements, increased trading volume, or community excitement.
🔹 Strategic Insight: Stay updated on recent developments or announcements related to Grok 2 to gauge the sustainability of this upward trend.
🔹 Trade Wisely: With such volatility, exercise caution in your trades. Keep a close watch on market conditions and be ready to adapt your strategy as needed.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🗳️ Kamala Harris Surpasses Donald Trump in Presidential Election Odds on Polymarket
U.S. Vice President Kamala Harris has surpassed former President Donald Trump in the odds for the 2024 presidential election on Polymarket.
📈 US Spot Ethereum ETFs See First Week of Positive Net Inflows Since Launch
U.S. spot Ethereum exchange-traded funds (ETFs) have experienced positive net inflows for the first time since their debut on July 23.
Binance to Convert Delisted Tokens, Including Bitcoin Gold and Monero, to USDC
Binance announced on Monday that it will convert several delisted tokens, including Bitcoin Gold and Monero, to USDC on Sept. 2.
📊 Cryptocurrency price check 📊
🔹 BTC: $58,317 - 4.60%
🔹 ETH: $2,546 - 4.37%
🔹 BNB: $504 - 5.17%
🔹 XRP: $0.56 - 4.69%
🔹 ADA: $0.33 - 5.93%
Venezuela Restricts Binance Access Amidst Post-Election Conflict
Venezuela recently blocked access to Binance and other online platforms amid nationwide protests over disputed election results.
📈 Crypto Startups Attract $2.7 Billion in Q2 Despite Decline in Deal Volume
In the second quarter of 2024, crypto startups managed to attract $2.7 billion in funding across 503 deals
🧾 IRS Updates Crypto Tax Form, Excludes Wallet Address to Ease Privacy Concerns
The IRS has unveiled an updated draft of the 1099-DA tax form, which crypto brokers and investors will use to report certain transactions.
Coinbase Launches “Coffee Days” To Bring $1 USDC Stablecoin Payments To Coffee Shops
The popular cryptocurrency exchange Coinbase partners with local coffee shops to accept USDC payments through August.
📍Chain Signatures Go Live on NEAR Protocol, Expand Cross-Chain Possibilities
NEAR Protocol launched chain signatures, a new technology that allows users to interact with multiple blockchains using a single NEAR account.
🇹🇭 Thailand SEC Launches Digital Asset Sandbox for Testing
The SEC Thailand has launched its Digital Asset Regulatory Sandbox for applications, allowing participants to test digital asset services.
⚡️ South Korean CEO Arrested for ‘$366 Million Crypto-themed Fraud’
The South Korean CEO of a tech firm has been arrested for allegedly masterminding an Ethereum (ETH) -themed crypto-powered fraud scheme that sucked in around 500 victims.
🐂 Digital Asset Products See $176M in Inflows, Ethereum Leads the Pack
The digital asset market saw a significant rebound last week, with investment products drawing in $176 million in inflows.
📉Bitcoin's Turbulent July: From Soaring Highs to Plummeting Lows—What's Next?
Bitcoin price volatility rocked July. Explore the factors behind BTC's dramatic highs and lows, ETF impacts, network activity, and mining challenges. What does the future hold?
3. KABOSU (KABOSU/WETH) 🚀
🔹 24h Price Change: +45,156%
🔹 Current Price: $0.00008770
🔹 Notable Growth: KABOSU has jumped by 45,156% in the last 24 hours, demonstrating impressive market performance.
🔹 Market Buzz: The increase suggests growing interest or potential positive developments surrounding KABOSU. Investigate recent news or trading activity.
🔹 Strategic Insight: Analyze any recent news, social media trends, or community discussions to understand the factors contributing to KABOSU's rapid price rise.
🔹 Trade Wisely: Due to high volatility, approach trading with caution. Monitor the market closely and use risk management strategies to safeguard your investments.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. FUKU (FUKU/WETH) 🚀
🔹 24h Price Change: +111,717%
🔹 Current Price: $0.007173
🔹 Remarkable Surge: FUKU has surged by an astounding 111,717% in just 24 hours, positioning itself as a standout performer.
🔹 Market Buzz: Such a massive increase likely signals strong market interest or recent positive developments. Investigate any news or events that might have sparked this surge.
🔹 Strategic Insight: Examine recent news or social media trends related to FUKU to understand the driving factors behind its extraordinary growth.
🔹 Trade Wisely: Given the extreme volatility, monitor the market closely and consider setting stop-loss orders to manage potential risks.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
Philippine Stock Exchange Flags Fraud Crypto Investing Scheme With its Logo
🇵🇭 The fake firm potentially lured investors to register and create an account via a legit-looking website and carried out online advertisements about the crypto scam.
📈 US Spot Ethereum ETFs See First Week of Positive Net Inflows Since Launch
U.S. spot Ethereum exchange-traded funds (ETFs) have experienced positive net inflows for the first time since their debut on July 23.
California's Santa Monica Opens Bitcoin Office to Promote Usage
California’s Santa Monica is taking a step forward in crypto education by establishing a dedicated “Bitcoin Office.”
📉 ETH Burn Rate Hits Yearly Low on Ethereum Network
The Ethereum network has witnessed a significant drop in its ETH burn rate, reaching the lowest levels recorded this year.
🤖🧠 IBM's 'Lightweight Engine' Could Be the Next Big Thing in Fintech Innovation
IBM has unveiled its new “Lightweight Engine” for the WatsonX.ai platform, marking a major step in the evolution of AI deployment.
🗳️ Harris-Walz Campaign Faces Pressure to Clarify Stance on Crypto Policy
Supporters of Democratic nominee Kamala Harris are urging her campaign to clarify its position on cryptocurrency.
💲Ripple Begins Beta Testing Stablecoin RLUSD on XRP Ledger and Ethereum Mainnet
Ripple has started beta testing for Ripple USD (RLUSD) on the XRP Ledger and Ethereum mainnet, with future plans for expansion.
Kamala Harris And Donald Trump Tied Presidency Odds In Polymarket Bet
Donald Trump and Kamala Harris are tied in a Polymarket bet over who will win in November. Here's why it matters.
📽 It's time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson bring you the fourth episode packed with the latest crypto headlines.
Tune in now and get up to speed!
⚖️ Coinbase Pushes Back On CFTC Event Contracts Ban
Coinbase CLO Paul Grewal is pushing back on the CFTC's proposed event contracts ban. Here's what it would mean for prediction markets.