Money & Crypto News

05 августа 2024 03:38

The US Bitcoin Strategic Reserve Bill has been formally submitted to Congress

Senator Cynthia M. Loomis has introduced the U.S. Bitcoin Strategic Reserve Act to Congress, which is currently under review by the Senate Banking Committee. The bill aims to create strategic Bitcoin reserves, ensure transparent management of federal Bitcoin holdings, and utilize Federal Reserve resources to manage costs. The bill will proceed through the following steps: approval by the Senate, passage in the House of Representatives, signing by the President, and then it will become law.

✅@Money

Money & Crypto News

05 августа 2024 03:08

Microsoft: OpenAI is both a competitor and a "strategic partner"

In its July Form 10-K report to the U.S. SEC, Microsoft described OpenAI in a nuanced manner. The company presented OpenAI both as a competitor and a strategic partner. This dual characterization suggests a complex relationship where OpenAI is seen as a rival in some aspects while being crucial for strategic collaborations in others. Among a broad list of competitors mentioned, including major companies like Apple and Nintendo, OpenAI is uniquely highlighted as the sole strategic partner in the document. This indicates that while Microsoft recognizes the competitive landscape it faces, it also values its alliance with OpenAI for its strategic importance.

✅@Money

Money & Crypto News

05 августа 2024 02:54

Ethereum once fell below $2,900

Ethereum once fell below $2,900 this morning, hitting $2,859.70, and now rebounded to $2,917.91, with the 24-hour decline narrowed to 1.64%.

✅@Money

Money & Crypto News

05 августа 2024 02:35

Trump: Either debate Harris on September 4, or not debate

Trump has proposed a debate with Kamala Harris on September 4, but if that date isn't accepted, he won’t participate at all. In response, Harris’s campaign has expressed a preference to stick to the original plan of debating on ABC on September 10.

✅@Money

Money & Crypto News

05 августа 2024 01:34

Bitcoin falls below $58,000, down 4.5% in 24 hours

Bitcoin fell below $58,000 and is now quoted at $57,907, a 24-hour drop of 4.5%.

✅@Money

Money & Crypto News

05 августа 2024 00:36

Ethereum fell below $2,800, down 6.13% in 24 hours

Ethereum fell below $2,800 and is now quoted at $2,746, a 24-hour drop of 6.13%.

✅@Money

Money & Crypto News

04 августа 2024 23:47

Bitcoin briefly fell below $59,000, down 3.12% in 24 hours

Bitcoin briefly fell below $59,000 and is now quoted at $59,084, a 24-hour drop of 3.12%.

✅@Money

Money & Crypto News

04 августа 2024 22:36

JupiterDAO votes to destroy 30% of JUP token supply

JupiterDAO voted to pass the "Destroy 30% of JUP token supply" proposal, and the supply of JUP tokens will be reduced from 10 billion to 7 billion.

✅@Money

Money & Crypto News

04 августа 2024 21:51

Concrete's Move to New York Marks Potential Crypto Renaissance

Concrete's relocation to New York symbolizes a potential crypto revival, with over a dozen companies setting up offices amid positive market sentiment and regulatory changes. Optimism grows with the Bitcoin spot ETF approval and hopes for a more crypto-friendly administration, though future uncertainties remain.

✅@Money

Money & Crypto News

04 августа 2024 20:52

US Ethereum spot ETF has a cumulative net outflow of US$511.2 million

According to Farside Investors data, the U.S. Ethereum spot ETF has accumulated a net outflow of $511.2 million since its launch, of which Grayscale ETHE had a net outflow of $2.1165 billion, BlackRock ETHA had a net inflow of $712.8 million, Fidelity FETH had a net inflow of $297.1 million, and Bitwise ETHW had a net inflow of $287.9 million.

✅@Money

Money & Crypto News

04 августа 2024 19:59

U.S. Bitcoin spot ETFs have a cumulative net inflow of $17.508 billion

According to Farside Investors data, the U.S. Bitcoin spot ETF has accumulated a net inflow of $17.508 billion since its launch, of which Grayscale GBTC had a net outflow of $19.059 billion, BlackRock IBIT had a net inflow of $20.097 billion, and Fidelity FBTC had a net inflow of $9.799 billion.

✅@Money

Money & Crypto News

04 августа 2024 19:08

Uniswap community launches temperature check proposal for deploying Uniswap v3 on X Layer

According to the Snapshot governance page, the Uniswap community initiated a temperature check proposal vote on "Deploy Uniswap v3 on X Layer". X Layer is an Ethereum-based zkEVM Layer 2 network launched by OKX and supported by Polygon CDK.

✅@Money

Money & Crypto News

04 августа 2024 18:10

Backpack Exchange will launch Matr1x (MAX) spot trading on August 5

According to the official announcement, the cryptocurrency trading platform Backpack Exchange announced that it will launch Matr1x (MAX) spot trading at 18:00 UTC+8 time on August 5.

✅@Money

Money & Crypto News

04 августа 2024 16:56

Tether's Euro stablecoin EURT has a net circulation of nearly 30 million euros

According to financial reports, according to the information on Tether's transparency page, as of now, the net circulation of Tether's Euro stablecoin EURT has reached 29,141,478.77 euros, and the net circulation of USDT has reached 114,527,666,301.35 US dollars.

✅@Money

Money & Crypto News

04 августа 2024 15:59

Coinbase Pro Bitcoin wallet balance exceeds 840,000 BTC

According to coinglass data, the current Coinbase Pro Bitcoin wallet balance is 840,694.79 BTC, ranking first among CEXs; 252.1 BTC flowed out in the past 24 hours, 1256.35 BTC flowed out in the past 7 days, and 19996.28 BTC flowed out in the past 30 days.

✅@Money

Money & Crypto News

05 августа 2024 03:20

Senator Mark Kelly to interview Harris for running mate position

US Senator Mark Kelly will interview for the position of (Harris') deputy on Sunday.

✅@Money

Money & Crypto News

05 августа 2024 02:59

ZKX investors and market makers: We were surprised by the project shutdown and did not receive any advance notice

Investors and market makers were caught off guard by the sudden shutdown of the ZKX project and received no prior notice. Ye Su, founder of ArkStream Capital, criticized the ZKX team for not providing financial details or communicating about the shutdown. Amber Group, which invested in and provided liquidity for ZKX, reported holding 3 million ZKX tokens after buying additional tokens to support market stability despite declining prices.

✅@Money

Money & Crypto News

05 августа 2024 02:46

In the past 4 hours, the entire network has liquidated 113 million US dollars, mainly long orders

according to Coinglass data, the entire network had a liquidation of $113 million in the past four hours, of which long orders had a liquidation of $103 million.

✅@Money

Money & Crypto News

05 августа 2024 01:59

Ethereum falls below $2,700, down 7.7% in 24 hours

Ethereum fell below $2,700 and is now quoted at $2,696, a 24-hour drop of 7.7%.

✅@Money

Money & Crypto News

05 августа 2024 00:50

In the past 24 hours, the total liquidation of the entire network has risen to 288 million US dollars, mainly due to the long orders

the total liquidation of the entire network rose to US$288 million in the past 24 hours, of which long orders were liquidated at US$257 million and short orders were liquidated at US$32.1928 million.

✅@Money

Money & Crypto News

05 августа 2024 00:28

BNB falls below $500, down 7% in 24 hours

BNB fell below $500 and is now quoted at $490, a 24-hour drop of 7%.

✅@Money

Money & Crypto News

04 августа 2024 23:28

Total cryptocurrency market value falls below $2.2 trillion

the total market value of cryptocurrencies fell to $2.198 trillion, a 24-hour drop of 4.8%.

✅@Money

Money & Crypto News

04 августа 2024 22:13

Bitcoin mined a "half-empty" block at height 855363 28 minutes ago

miners mined a half-empty block at Bitcoin height 855363, which was only 75 seconds away from the previous block height.

✅@Money

Money & Crypto News

04 августа 2024 21:14

In the past 24 hours, the entire network has liquidated 222 million US dollars, mainly long orders

According to Coinglass data, the entire network had a liquidation of $222 million in the past 24 hours, of which long orders had a liquidation of $190 million and short orders had a liquidation of $33.39 million.

✅@Money

Money & Crypto News

04 августа 2024 20:27

Fractal Bitcoin announces penultimate reset of testing phase to be conducted on August 5

Fractal Bitcoin, a Bitcoin expansion solution jointly developed by UniSat and Block Space Force, stated on its social platform, "Fractal Bitcoin is expected to reset the Fractal test phase at 16:00 Beijing time on August 5, 2024. The process is expected to last 5-10 minutes. This will be the penultimate reset of the test phase."

✅@Money

Money & Crypto News

04 августа 2024 19:37

Galaxy Research Raises Concerns Over Bitcoin Rollup Costs

Galaxy Research highlighted sustainability issues for Bitcoin Rollups due to high data publishing costs, which could reach $2.3 million monthly. Alexei Zamayatin suggested using cheaper alternatives like Celestia or Bitcoin sidechains but warned against high costs compared to Ethereum Rollups.

✅@Money

Money & Crypto News

04 августа 2024 18:47

Eugene Ng Ah Sio Reflects on Recent Trading Losses and Discipline

Eugene Ng Ah Sio detailed his recent trading challenges, including a $1.1 million loss from ETHBTC trades and a 3-4% account loss following a market crash. He plans to take a break from trading to regain emotional balance and adjust his mindset.

✅@Money

Money & Crypto News

04 августа 2024 17:31

BTC falls below $60,500

According to financial reports, the market shows that BTC fell below $60,500 and is now at $60,489.85, with a daily drop of 2.4%. The market is volatile, so please do a good job of risk control.

✅@Money

Money & Crypto News

04 августа 2024 16:31

US spot Bitcoin ETF has a net inflow of $17.508 billion since its launch

According to Farside Investors data, US spot Bitcoin ETF has a net inflow of $17.508 billion since its launch, of which Grayscale GBTC has a net outflow of $19.059 billion, BlackRock IBIT has a net inflow of $20.097 billion, and Fidelity FBTC has a net inflow of $9.799 billion.

✅@Money

Money & Crypto News

04 августа 2024 15:33

Uniswap community launches temperature check proposal for "Deploy Uniswap v3 on X Layer"

According to financial reports, according to the Snapshot governance page, the Uniswap community launched a vote for the temperature check proposal for "Deploy Uniswap v3 on X Layer".

✅@Money