Khamzat Chimaev ‘wasn’t involved’ with SMASH memecoin — Manager
The UFC fighter’s manager, Majdi Shammas, said his client did not make the decision to promote the coin and the deal only allowed for a single promotional video.
Posts published on July 8, 2024 go to media archive 3/4
Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates
The corporate battle for control of Bitfarms continues to evolve as the company appoints a new CEO while its board continues to be contested by Riot Platforms.
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting…
Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins
Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.
A Bitcoin Node Behind Every Blade of Grass
The debate of 2024 has been about scaling bitcoin self-custody versus ossification, with the presupposition that an ossified bitcoin protocol as it is today is imperfect - but its sound monetary properties alone are enough to change the world for…
Bukele Calls for Speculators to Stop Gouging Prices in El Salvador, Issues Ultimatum
Nayib Bukele, president of El Salvador, has issued an ultimatum for importers and food wholesalers to lower the prices of groceries and other articles, threatening to apply the same tactics he used against gangs with them. Bukele, who pushed the…
Is This Ethereum ICO Project To Blame For ETH’s Price Slump?
The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22%…
ETF Expert Anticipates Spot Ethereum ETF Debut Within 2 Weeks
This week, Nate Geraci, a leading figure in the investment advisory and exchange-traded fund (ETF) industry, expressed his expectation that spot ethereum ETFs will be trading within the next two weeks. Geraci shared with his 44,000 X followers that…
Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren.
Bitcoin Drops as German Government Unloads Over $900M Worth of BTC
Bitcoin's price briefly declined to $55,000 following the blockchain transactions.
Bitcoin price seesaws near $56K as US stocks post fresh all-time highs
BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.
MoonBag Price Prediction and 3 Other Crypto Presales to Watch
The crypto market is constantly churning out new projects that promise enormous returns. Among the latest to catch investors’ attention is MoonBag – an Ethereum-based meme coin featured in several top media outlets. In this article, we’ll…
Weekly Crypto Roundup: Beldex Tops Gainers, Celsius Token Sinks 44%
On Monday, July 8, the global cryptocurrency market capitalization hovered around $2.11 trillion, reflecting a 0.42% increase over the past day. Although there was a modest uptick at the beginning of the week, only a few crypto assets recorded…
Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?
The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German…
Bitcoin ‘potentially reached’ local bottom, Bitfinex says
Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.
Prediction Markets and Polls Both Got the French Election Wrong
Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?
How Luma AI turns crypto memes into viral videos
The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.
Catizen’s Tim Wong: 'We Are Here to Build a Business Ecosystem'
The Chairman of the Catizen Foundation explains how the team behind the Web3 game attracted 23 million players, and how it hopes to build a lasting franchise.
Memecoins and AI are pushing Gamefi out of the spotlight
Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.
CoinDesk 20 Performance Update: 19 Out of 20 Assets in the Green
FIL and LINK emerged as top performers, driving the CoinDesk 20 index higher by 3.2%.
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound
Ethereum (ETH) has experienced notable price movements recently, currently trading at $3,037. The intraday range has fluctuated between $2,803 and $3,096, with a market capitalization standing at $364 billion. Ethereum The 1-hour ETH/USD chart…
How Memes and Gamification Are Changing Finance As We Know It
As social, finance, gaming, messaging become folded in single “super apps” - as they are already in Asia - memes transmit subtle but powerful cultural meaning in a digitally-native way, says Ray Chan, CEO of Memeland. Welcome to the Meme Age.
Astra Nova: The Tier 1 Web3 Game Booming With 170,000+ Active Users Pre-Token Launch
PRESS RELEASE. RIYADH, Saudi Arabia – July 8, 2024 – Astra Nova, the revolutionary action RPG, is making significant strides as the 1st Web3 game to emerge from Saudi Arabia’s vibrant gaming landscape. Built on Unreal Engine 5, Astra Nova is…
Mass Adoption? NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days
The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the…
Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
To lead the investment efforts, the company appointed Julien Auchecorne as head of Auros Ventures.
What Hamster Kombat Did: How Telegram Built a Web3 Gaming Juggernaut
With hundreds of millions of users, Telegram’s TON, aka The Open Network, is building a head of steam in simple, addictive, fun games built on a blockchain.
The German Government Is Selling More Bitcoin – $28 Million Moves to Exchanges
The German government continued shifting portions of its massive Bitcoin trove to exchanges on Monday, transferring over $56 million worth across multiple transactions.According to blockchain data, addresses linked to the German government moved a…
Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low
First Mover Americas: BTC Rebounds to $57K
The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.