Money & Crypto News

17 августа 2024 21:29

TRON Chain Meme Coin SUNDOG Has Been Listed on CoinMarketCap

According to official news, the TRON chain Meme coin SUNDOG has been listed on CoinMarketCap. In addition, as of press time, SUNDOG is currently priced at $0.06013, with a 24-hour trading volume of $35.54 million, and a current market value of $60.12 million.

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17 августа 2024 20:32

Linea Mainnet Bridges Over 749,000 ETH

Dune data shows that the Linea mainnet has bridged 749,207 ETH across 1,190,076 transactions, with 548,676 unique addresses interacting with the network.

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17 августа 2024 19:44

Granite Network Upgrade Proposed to Address Security Vulnerabilities on Optimism

OP Labs engineer Mofi proposed the Granite Network Upgrade to fix vulnerabilities identified in third-party audits. The upgrade includes smart contract updates and an L2 hard fork to enhance stability and performance. If approved, the upgrade is scheduled for September 10 at 16:00 UTC, with coordination across Base, Conduit, and Sepolia Superchain.

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17 августа 2024 18:57

NFT Sales Drop as Market Activity Surges

NFT sales fell 11.66% to $81.7 million last week, despite a surge in buyers and sellers. Ethereum, Solana, and Bitcoin-based NFTs all experienced sales declines, with Mythos's Dmarket leading collections at over $5 million.

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17 августа 2024 17:54

The Central Bank of Ghana proposes to formulate new rules to strengthen the supervision of cryptocurrencies

The Bank of Ghana (BoG) has taken action to establish a regulatory framework for cryptocurrencies such as Bitcoin and Tether, and has published a set of draft guidelines to strengthen the supervision of digital assets. The proposed regulations also require that all cryptocurrency exchanges must go through BoG's "complete registration process" and participate in sandbox testing before they are allowed to operate. According to the draft, this measure is essential to ensure that all market participants comply with the highest standards of safety and operational integrity.

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17 августа 2024 16:43

Federal Reserve officials will give intensive speeches next week and will release the minutes of the monetary policy meeting on Thursday

On August 17, according to Jin Shi, the market will usher in a number of important events next week, among which Federal Reserve officials will also make intensive speeches next week. Among them: At 21:15 on Monday, Federal Reserve Governor Waller delivered an opening speech at a summer seminar on currency, banking, payments and finance; At 1:35 on Wednesday, the 2024 FOMC Voter and Atlanta Federal Reserve Chairman Bostic delivered a speech; At 2:00 on Thursday, the Federal Reserve released the minutes of the monetary policy meeting; On Thursday, the Jackson Hole Global Central Bank Annual Meeting will be held; At 22:00 on Friday, Federal Reserve Chairman Powell delivered a speech on economic prospects at the Jackson Hole annual meeting. In addition, the U.S. S&P global PMI data for August will be released next Thursday night. If the data is unexpectedly weak, the market's concern about the United States falling into a recession may increase, causing traders to bet that the Federal Reserve will cut interest rates more sharply during the year, which will be a blow to the US dollar.

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17 августа 2024 15:52

The number of WM users of the music AI project has exceeded 300,000, and the Web3 Good Voice Competition will be held in the near future.

On August 17, WM (WonderfulMelody), a phenomenal music AI project in the Web3 field, successfully launched the ChangeSwap io decentralized trading platform last night and created multiple increases in a short time. As a Web3+AI landing application that integrates cutting-edge technologies such as CNN, NLP and RNN, WM provides users with a one-click seamless conversion experience from pictures to music. Since the launch of the project, the number of test users has exceeded 300,000. In order to further bring a new experience to users, WM will hold the first "TheVoiceofWeb3 (Web3 Sound Contest)" in the near future, and the event will be open to music lovers and Web3 users around the world.

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17 августа 2024 14:51

Data: Tron Network has added more than 210,000 accounts in the past 24 hours

On August 17, according to Tronscan, the Tron network has added 213,900 new accounts in the past 24 hours, and its network TVL has exceeded 21 billion US dollars, with a 24-hour increase of 1.68%.

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17 августа 2024 13:52

Franklin Templeton seeks approval from the U.S. Securities and Exchange Commission for its cryptocurrency index ETF

Franklin Templeton, an asset management company, submitted an S-1 application to the U.S. Securities and Exchange Commission (SEC), expanding its influence in the cryptocurrency market. The application submitted on August 16 sought approval to launch a new cryptocurrency index exchange-trading fund (ETF) with Bitcoin and Ethereum. According to the S-1 document, the ETF will track the CF institutional digital asset index, initially focusing on Bitcoin (BTC) and Ethereum (ETH). The document also indicates that the fund may include more crypto assets in the future, depending on regulatory changes and market dynamics.

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17 августа 2024 12:51

An Ethereum address held for 6 years deposits 1,039 ETH into Binance, or achieves more than 7 times the return

According to The Data Nerd monitoring, five hours ago, an Ethereum address held for 6 years deposited 1,039 ETH into Binance, worth about $2.7 million. Six years ago, the address accumulated this ETH at an average price of about $363. If it is sold at the current price, he will earn $2.32 million (return on investment ~ x7.12).

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17 августа 2024 11:49

The Neiro whale that spent 103 ETH has turned losses into profits, and the current floating profit is more than $90,000

On August 17, according to the monitoring of ai_9684xtpa, with Neiro reaching a record high today, the whale that spent $265,000 to chase the high at the phased high of Neiro the day before yesterday has turned losses into profits. The whale has not been transferred or sold from a floating loss of 37% to a floating profit of 35%. Previously, it was reported that on August 15, the address 0xF8e spent 103 ETH ($265 million) to buy 4.41 billion tokens when Neiro soared, with an average price of $0.00005991, which was almost the highest point in the phase currency price.

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17 августа 2024 10:51

Babylon will start the first phase of the launch of the Bitcoin pledge main network next week

Babylon posted on the X platform that the first phase of the Bitcoin pledge main network will be launched next week, and Bitcoin holders will be able to lock BTC for pledge.

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17 августа 2024 09:52

Yesterday, GBTC had a net outflow of $72.9 million and ARKB had a net inflow of $13.4 million

According to Farside Investors monitoring, as of press time, the data of spot Bitcoin ETF and spot Ethereum ETF in the United States yesterday (August 16) are as follows: Spot Bitcoin ETF: GBTC net outflow of $72.9 million; BITB net inflow of $12 million; ARKB net inflow of $13.4 million; EZBC net inflow of $1.7 million; HODL, BTC, BTCW no capital inflow /Outflow; Spot Ethereum ETF: ETHE net outflow of $27.7 million; ETHV net outflow of $4.8 million; ETHW, CETH, EZET, ETH no capital inflow/outflow.

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16 августа 2024 20:23

Hedge funds held $4.7 billion worth of spot Bitcoin ETFs at the end of the second quarter

In addition to the previously reported Jane Street's first increase in IBIT worth $221 million in Q2, GBTC, which reduced its position by 86%, and European asset management company Capula, which held nearly $500 million in spot Bitcoin ETFs, Ken Griffin's Citadel's holdings of ProShares Bitcoin Strategy ETFs tripled from the first quarter to the second quarter to 860,727 shares, currently worth $19 million. It also holds $67 million in call options and $52 million in put options for the fund. Citadel also holds smaller positions in its remaining BTC ETFs - with a total value of less than $10 million.

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16 августа 2024 19:22

Andrew Kang: Altcoin market value will bottom out around 2025, and the next wave will be driven by AI-related tokens

co-founder and partner of crypto venture capital firm Mechanism Capital, posted on social media that the market value of altcoins (and ETH) should hit new highs in the new cycle. But it is becoming increasingly clear that this is not the case, and we may very well be on a euthanasia roller coaster for many people. Even if Bitcoin hits a new high, it does not mean that altcoins will keep up.

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17 августа 2024 21:01

Uniswap Leads ETH Destruction in H1 2024

According to CoinGecko, Uniswap was the top ETH destruction protocol in the first half of 2024, burning 71,915 ETH. However, its destruction rate dropped 72.4% from 54,413 ETH in Q1 to 15,031 ETH in Q2. The top ten ETH destroyers in 2024 accounted for 39.2% of all ETH destroyed.

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17 августа 2024 20:06

75% Probability of Fed Cutting Rates by 25 Basis Points in September

According to CME's "FedWatch" tool, there is a 75% chance that the Federal Reserve will cut interest rates by 25 basis points in September, while the probability of a 50 basis point cut has dropped to 25%.

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17 августа 2024 19:18

$50 Million USDT Transferred from Kraken to Bitfinex

WhaleAlert reported that 50 million USDT (worth $50,006,570) was transferred from Kraken to Bitfinex on 17 Aug 2024 14:31:12 UTC.

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17 августа 2024 18:22

Peter Thiel: Society Struggles to Handle Bitcoin's Massive Influence

In an interview with Bitcoin Magazine, PayPal founder and billionaire Peter Thiel stated that Bitcoin has grown so large that society is unsure how to deal with its impact.

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17 августа 2024 17:27

Last week, Bitcoin spot ETF holdings increased by $32.4 million, and Ethereum spot ETF reduced its holdings by $14.1 million

According to CoinGlass data, Bitcoin spot ETF holdings increased by $32.4 million in BTC last week, of which only one day on August 14 had a cumulative outflow, with a total of 1,340 BTC outflow funds. Ethereum spot ETF reduced its holdings of ETH worth $14.1 million. Ethereum spot ETF has sold 5,690 ETH since August 12, of which rose on three trading days and fell in two trading days.

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17 августа 2024 16:13

Asset management company Metalpha multi-signed address to transfer 10,000 ETH to Binance

According to Arkham's monitoring data, the address of Metalpha: GnosisSafe Proxy, an asset management company, transferred 10,000 ETH to Binance about a minute ago, worth about $26.02 million. According to previous news, the asset management company Metalpha applied to Lido for the redemption of 10,000 ETH yesterday.

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17 августа 2024 15:21

SEC accuses NovaTech initiator of $650 million cryptocurrency Ponzi scam

The U.S. Securities and Exchange Commission (SEC) has reported to NovaTech Ltd. And its leaders, Cynthia and Eddy Petion, filed charges that they organized cryptocurrency fraud and deceived more than 200,000 investors around the world, including many Haitian-Americans. The SEC's complaint details that under the leadership of the petition, NovaTech was promoted as a multi-level marketing (MLM) and crypto asset investment plan.

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17 августа 2024 14:27

Report: Illegal crypto transactions related to the UK reach $5.1 billion every year

According to a report released by the British National Crimes Agency (NCA), it is estimated that illegal crypto transactions related to the United Kingdom are as high as $5.1 billion every year. According to the report, the International Controller Network uses various methods to provide money laundering services for criminals. This links the criminal gains generated in the UK with transnational cybercrime and affects victims around the world. NCA said that crypto assets are increasingly used to clean up non-digital criminal gains such as cash and be obtained through escalating cybercrime, including malware and ransomware.

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17 августа 2024 13:24

Watcher Guru: Dubai officially approves that cryptocurrencies such as Bitcoin can be used to pay salaries

According to Watcher Guru, Dubai officially approved that cryptocurrencies such as Bitcoin can be used to pay salaries.

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17 августа 2024 12:19

The NFT royalties of Solana Chain have reached $2 million in the past 30 days, accounting for 53%

SolanaFloor shared data on X, Solana Chain's royalties (from NFT) in the past 30 days reached $2 million, more than all other blockchains combined, accounting for 53%.

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17 августа 2024 11:26

500,000 USDTs transferred from Bitfinex to Tether Treasury

According to WhaleAlert's monitoring, at about 13:13 Beijing time today, 50,000,000 USDT (50,052,125 USD) were transferred from Bitfinex to Tether Treasury.

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17 августа 2024 10:24

In the past 7 days, the NFT transaction volume on the Solana chain has fallen by 15.47% month-on-month

According to CryptoSlam data, the NFT transaction volume on the Ethereum chain in the past 7 days was $28,391,459, down 10.2% month-on-month; Solana network transaction volume reached $16,429,676, down 15.47% month-on-month; Bitcoin Network ($13,814,366) fell 7.31% month-on-month.

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16 августа 2024 20:34

Data: The number of active addresses of Base exceeds the sum of Arbitrum and Optimism

Base’s active addresses exceeded 1.05 million, exceeding the total number of active addresses of Arbitrum (529,000) and Optimism (408,000).

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16 августа 2024 19:49

Cumberland transfers 9,065 ETH worth more than $23.4 million

Cumberland transferred 9065 ETH to a wallet address at around 22:35 Beijing time today, with a value of approximately US$23,468,647.

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16 августа 2024 18:57

Trump Appoints Crypto-Friendly CEO to Lead Potential Transition Team

It is reported that Lutnick will serve as co-chairman with former U.S. Small Business Administration Director Linda McMahon. If Trump is elected, his vice presidential candidate JD Vance and Trump's sons Donald Trump Jr. and Eric Trump will serve as honorary chairmen.

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