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09 сентября 2024 17:47

📊 Bitcoin, ether remain subdued as markets process underwhelming US economic data

Bitcoin and ether remain under key price levels after sliding down over the weekend following Friday's bearish U.S. economic data. The largest cryptocurrency trades at $54,744 when writing, gaining 0.64% in the past 24 hours. Ether (ETH) added 0.17% to change hands at around $2,291, according to The Block’s crypto price page.

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07 сентября 2024 08:36

🪙 Vaneck Reveals Plans to Close Ethereum Futures ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting.

Source

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06 сентября 2024 05:39

🇺🇸 US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years

A recent study has revealed that US crypto companies have significantly increased their lobbying efforts, with expenditures rising by 1386% from 2017 to 2023. According to data compiled by Social Capital Markets, crypto firms spent $40.42 million lobbying for regulatory changes during 2023 alone, signaling the growing importance of government relations in the industry.

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05 сентября 2024 10:42

🇨🇭 Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading

Switzerland’s fourth-largest bank, Zürcher Kantonalbank (ZKB), has introduced trading and secure storage for major digital assets, including Bitcoin and Ethereum, according to a Sept. 4 announcement. According to the bank, its customers can now trade BTC and ETH around the clock through its existing ZKB eBanking or ZKB Mobile Banking. It added that this was facilitated through its partnership with Crypto Finance AG, a subsidiary of Deutsche Börse Group.

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04 сентября 2024 20:48

💰 Bitcoin ETFs see $287.8 million outflow, largest since May 1

Farside data shows that Bitcoin ETFs experienced a significant outflow of $287.8 million on Sept. 3, marking the largest outflow since May 1, when $563.7 million exited the market. Eight ETF issuers recorded outflows, highlighting a broad retreat from Bitcoin ETF investments. Among the hardest hit was Fidelity’s FBTC, which saw a $162.3 million outflow, and Grayscale’s GBTC, with $50.4 million leaving the fund. Bitwise’s BITB ETF lost $25.0 million, while ARK’s ARKB ETF experienced a $33.6 million outflow.

Source

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04 сентября 2024 08:35

🇰🇵 FBI warns of North Korean threat to crypto, cautions against potential ETF-related attacks

The Federal Bureau of Investigation (FBI) issued a warning about North Korea’s aggressive targeting of the crypto industry on Sept. 3. The agency detailed the sophisticated social engineering campaigns conducted by North Korean actors against employees of crypto-related businesses, notably DeFi applications.

Source

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02 сентября 2024 22:32

📊 Crypto exchange trading volumes continued upward trend in August

Trading volumes on centralized cryptocurrency exchanges increased in August, extending the growth that began in July after hitting a multi-month low in June. The Block's Data Dashboard reveals that monthly spot market volumes across global cryptocurrency exchanges, including Binance and Coinbase, reached $1.2 trillion in August, up from $1.12 trillion in July—a 6.6% increase. Binance captured the largest market share in August, with a trading volume of $448.45 billion.

Source

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01 сентября 2024 09:49

🇸🇻 Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador

President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as a rebranding for the nation.

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30 августа 2024 17:34

💰 Bitcoin miner wallet balances continue to shrink

Bitcoin miners’ wallet balances have been on a steady decline since 2011, with the trend continuing into 2024. The first chart illustrates a significant reduction from an all-time high of over 2.5 million BTC in late 2011 to under 2 million BTC by mid-2024. This decline has been influenced by miners liquidating assets to cover operational costs, especially during periods of market volatility and post-halving events.

Source

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30 августа 2024 08:32

💰 Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services.

Source

@TradeCryptoNow

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29 августа 2024 08:32

🪙 Memecoin launched by address connected to Ethereum Genesis block rockets to top of Uniswap charts

A wallet connected to the Ethereum network’s Genesis block appears to have launched a memecoin, according to blockchain data sites DEX Screener and Etherscan. The token peaked at a market capitalization of over $125 million after launching around 8:15 a.m. ET. The so-called PHIL token is currently trading on the decentralized exchange Uniswap V2, changing hands for about $0.08 — down from a peak price of $0.10 about an hour after launch.

Source

@TradeCryptoNow

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28 августа 2024 10:42

🪙 Ethereum Foundation reveals spending after speculation over massive transfer

Ethereum Foundation (EF) contributor Josh Stark posted a breakdown of the organization’s expenditures for the past two years on social media on Aug. 27. Stark shared the information after growing speculation that the foundation might plan to sell a large amount of Ethereum. The rumors sprang up after a wallet linked to the foundation made a large transfer.

Source

@TradeCryptoNow

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27 августа 2024 10:47

🇺🇸 SEC Charges Abra With Unregistered Sales of Crypto Asset Securities

The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, further complicating the firm’s regulatory standing.

Source

@TradeCryptoNow

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26 августа 2024 10:32

🪙 Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was simply a routine part of the nonprofit’s “treasury management activities.”

Source

@TradeCryptoNow

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24 августа 2024 19:53

💰 Bitcoin accumulation addresses see steady rise

Bitcoin’s accumulation addresses have experienced a notable decline in 2024. Historically, these addresses steadily increased, reflecting long-term holder confidence as Bitcoin’s price appreciated over the past decade. By 2022, accumulation addresses almost surpassed 800,000, growing further in 2023 to a peak of around 846,000 at the start of 2024.

Source

@TradeCryptoNow

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09 сентября 2024 10:32

🪙 Tether addresses $102 million agricultural investment: land is "crucial asset class"

The latest business that caught the eye—and the capital— of Tether, issuer of the world's largest stablecoin and the most valuable company in crypto, has been revealed. Between July 29 and August 16 of this year, Tether's investment division purchased shares worth about $102 million in South America-based agricultural giant Adecoagro SA, which trades on the Nasdaq stock exchange as AGRO, filings show.

Source

@TradeCryptoNow

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06 сентября 2024 17:34

🇷🇺 Chainalysis says Russia’s crypto infrastructure aims to skirt Western sanctions

According to blockchain analytics provider Chainalysis, the Central Bank of Russia (CBR) is spearheading efforts to develop financial infrastructure that will enable the country to use cryptocurrencies for international trade and circumvent Western sanctions. Friday's Chainalysis policy and regulation report highlighted recent legislation passed by the Russian parliament that legalizes cryptocurrency mining and allows the use of cryptocurrencies for international payments.

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05 сентября 2024 16:28

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05 сентября 2024 09:13

🐶119 Million DOGE Sent to Robinhood, Market Impact Feared

🚨 Over 119 million Dogecoin, worth $11.7 million, was transferred from an unknown wallet to Robinhood. This large move raises concerns of a potential sell-off, increasing bearish sentiment in the DOGE market.

📉 Dogecoin is down 2.87% in the last 24 hours, trading at $0.09629. The overall market has dropped 3.6%, with the crypto market cap falling below $2 trillion.

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04 сентября 2024 15:37

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03 сентября 2024 08:36

📊 Global crypto investment products see $305 million in weekly outflows: CoinShares

Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares returned to net outflows last week, totaling $305 million, following net inflows of $543 million the week before, according to CoinShares' latest report. “We continue to expect the asset class to become increasingly sensitive to interest rate expectations as the Fed gets closer to a pivot,” Butterfill added.

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02 сентября 2024 10:37

🧿 Cardano shifts to decentralized governance as Chang hard fork goes live

Cardano, the Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson, has officially undergone the first stage of its Chang hard fork, becoming the first major blockchain to transition its centralized governance structure to a token-based decentralized governance system. Over the next 90 days, Cardano will undergo a full transformation to a community-led governance model overseen by an interim committee.

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31 августа 2024 16:59

🌏 Asia leads in global crypto adoption due to progressive regulatory approach

Singapore has emerged as the global leader in crypto adoption due to its progressive regulatory approach toward the industry, according to the Henley Crypto Adoption Index 2024. The report, published by investment migration consultancy Henley & Partners, highlighted the city-state’s robust regulatory environment, innovation in financial technology, and widespread public adoption as key factors propelling it to the top of the list.

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30 августа 2024 08:49

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29 августа 2024 19:48

💰 Bitcoin's Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

Bitcoin’s difficulty ticked up 2.99% on Wednesday, reaching 89.47 trillion, where it will stay until Sept. 10, 2024. The network’s difficulty metric essentially functions like a self-adjusting thermostat for the Bitcoin network, maintaining a consistent pace of block creation regardless of fluctuations in mining power. Simply put, if hashpower increases and blocks are mined too quickly, the difficulty rises.

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28 августа 2024 17:57

❄️ TON resumes operations after traffic surge from $550M DOGS airdrop disrupts network

The Open Network (TON), the blockchain network linked to Telegram, has resumed operations following a significant outage that lasted nearly six hours due to a spike in network traffic. Some community members speculated that the outage might be linked to Telegram CEO Pavel Durov‘s recent arrest in France.

Source

@TradeCryptoNow

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27 августа 2024 19:43

🟢 MakerDAO rebrands as Sky, unveils new USDS stablecoin and SKY governance token

MakerDAO has rebranded to Sky and announced the names of its upcoming upgraded tokens, USDS and SKY, set for September 18. The release of the names follows its recent confirmation of upgrades to its token ecosystem. The rebranding is part of MakerDAO’s “Endgame Plan,” a vision laid out by co-founder Rune Christensen aimed at transforming the structure of the DAO to enhance DeFi’s growth, accessibility, and resilience.

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26 августа 2024 17:39

⚪️ Gate.io Announces Official Sleeve Partnership with Inter

Gate.io, a world’s leading cryptocurrency exchange, is proud to announce a partnership with FC Internazionale Milano (“Inter” or “Club”), one of the most prestigious football clubs in the world and the reigning champions of Serie A. Starting from the 2024/25 season, Gate.io will become the Official Sleeve Partner for Inter, which will see its logo on the sleeves of the playing kits for both Men’s and Women’s teams, in addition to the Club’s U20 teams.

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25 августа 2024 10:32

🇺🇸 US Court Denies Kraken's Motion to Dismiss SEC Crypto Securities Lawsuit

The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed.

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24 августа 2024 07:51

👑 WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The attack forced the platform to suspend all trading and withdrawal activities while it assessed the damage and developed a recovery plan. The stolen assets have created a significant shortfall, preventing the exchange from meeting its crypto obligations to users.

Source

@TradeCryptoNow