TAIKO Tokens Unexpectedly Transferred by Ethereum Foundation to Bitcoin Suisse
The Ethereum Foundation has transferred its entire stake in TAIKO tokens to Bitcoin Suisse, a leading institutional cryptocurrency platform. This significant move follows the successful launch of Taiko, a Layer 2 scaling solution built on Ethereum, on 27 May 2024….
Donald Trump Vs Kamala Harris: Harris’s Bold Approach to Crypto Relations
Vice President Kamala Harris’s campaign is actively engaging with prominent crypto enterprises, including Ripple, Coinbase, and Circle, in a strategic bid to fortify relations between the Democratic Party and the burgeoning cryptocurrency sector. As the 2024 presidential election heats up,…
Ethereum ETF Launch Stumbles: Bitcoin’s Shine Persists
The launch of spot Ethereum ETFs, while long anticipated, encountered a tepid reception from investors, with a net outflow of $341 million in its first week of trading. This contrasts sharply with the success of Bitcoin-backed ETFs, which have seen…
Withdrawal of Presidential Candidature by Joe Biden Sparks Powerful Shifts in Meme Coins
In a surprising turn of events, President Joe Biden has officially withdrawn from the upcoming presidential race, despite his previous assertions that he would remain a candidate. Biden’s withdrawal of Presidential candidature was unexpected and has had a significant impact…
Bull Run on Hold? Retail Interest in Bitcoin Cools Despite Price Rise
Bitcoin has recently shown recovery from its lowest point in four months. However, analysts caution that a crucial indicator of retail interest in Bitcoin has plummeted to its lowest level in three years. They underscore the necessity for a resurgence…
Mt. Gox Repayments: 50% Creditors Show Strong Faith in Bitcoin’s Future
In a recent survey conducted within the Reddit community, creditors of the Japanese cryptocurrency exchange Mt. Gox which collapsed into bankruptcy a decade ago, are reluctant to sell their Bitcoin payouts. More than 50% of the creditors are willing to…
Near Protocol ETP: Valour Capitalizes on Crypto Boom
Capitalizing on the crypto market’s resurgence and rising demand for crypto ETFs, Valour, a crypto fund issuer under DeFi Technologies, launched a Near Protocol ETP today, July 17th. This new product tracks the value of NEAR, Near Protocol’s native token….
Bitcoin Defies Sell-Off: Institutional Investors Drive Price Higher
Bitcoin (BTC) is extending its rally surging past $58,803.18 today, marking a 1.38% intraday gain. This rally comes just days after the cryptocurrency hit a five-month low. This rebound comes despite the recent sell-off of Bitcoins by the German government….
New CME CF Reference Rates And Real-Time Indices: Boost Crypto Coverage!
The Chicago Mercantile Exchange (CME) unveiled a significant update in the cryptocurrency market on Wednesday. CME has made preparations to launch new reference rates and real-time indices specifically for Ripple’s XRP and Internet Computer (ICP). This move marks a notable…
X Acquires Money Transmitter License: A Leap Forward Towards Everything App
Elon Musk’s vision of turning the social media platform (formerly Twitter) into an all-encompassing “Everything App” is inching closer to reality. The platform recently acquired a money transmitter license in Washington D.C., bringing the total number of regions where it…