Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend.
External news feeds 854/2357
French regulator accepting CASP applications ahead of MiCA rollout
The AMF is giving firms registered under its current DASP rules ample time to transition, too.
ARB Market Plummets 14%, But New Developments Could Reverse The Trend
Arbitrum resumes its drive downward along with the broader market downturn investors are experiencing today. According to the latest market data, ARB is down nearly 14% since last week, putting more pressure on the bulls to slow the bearish tide. …
On-Device Proofs Solve DePIN Verification Challenges
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.
DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses…
MicroStrategy stock set to gain 30% if BTC hits $150K in 2025 — Analyst
The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.
Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.
The USA can (and should) dedicate more energy to Bitcoin mining
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.
Ex-Binance adviser to join Kamala Harris campaign: Report
The prospective Democratic nominee’s position on crypto and blockchain is still unclear, but officials connected to the industry are reportedly getting on board.
Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?
Jamie Dimon bashes partisan politics in presidential election op-ed
The JPMorgan boss didn’t mention any candidates by name, but his message left little doubt about whom he was referring to.
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial…
Bankrupt crypto firm Genesis completes restructuring
In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets.
Fox’s Tucker Carlson Drops Bombshell: Did The CIA Create Bitcoin?
The real identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery despite Bitcoin being a decade and a half old. It has become the best kept secret in crypto, leading to various theories of who the creator might be. Many…
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump heaped more praise on the "very, very smart people" of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national…
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market…
Lido launches institutional-grade liquidity staking solution
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.
Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons
Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on…
How DePINs Address AI's GPU Gap and Ethics Problems
The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government…
Kamala Harris supporting crypto could impact vote in key states — think tank
The race between presumptive Democratic nominee Kamala Harris and Donald Trump is expected to be close in November — could crypto make a difference?
Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.
Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
Mining company CleanSpark sold only 2.54 Bitcoin in July
CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.
Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report
Winning over the $3.75-trillion financial advisory firm is a historic milestone for crypto.
Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.
Bybit Exits French Market Amid Regulatory Pressures
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité des Marchés Financiers (AMF) had previously issued a warning against Bybit, advising investors…
Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst
Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices…
The BITCOIN Act of 2024
Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of…