Gary Gensler will likely resign in 2025 after Biden exit, says 10x Research
A Trump presidency will spell disaster for Gensler and his role as head of the SEC, said 10x Research founder Markus Thielen.
Posts published on July 21, 2024 go to media archive 1/2
Rho Markets returns online with no funds lost after $8M Oracle issue
The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.
Meta to Appeal Nigeria’s $220 Million Data Privacy Fine
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to…
Solana Price (SOL) Climbs 5%: Is a $200 Target Achievable?
Solana started a fresh increase above the $175 zone. SOL price is showing signs of strength and might climb further above the $185 resistance. SOL price started a decent upward move above the $175 resistance against the US Dollar. The price is now…
Delhi Police Arrest 7 in Crypto Fraud
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit…
XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the…
Biden out, bull run in? Here’s what analysts think
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally.
Joe Biden’s withdrawal wiped $67M of crypto long positions in 30 minutes
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations.
Ethereum Price Climbs: Will It Challenge the $3,700 Mark Again?
Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly…
Democrats have ‘huge opportunity’ to win back the crypto vote
The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X.
Bitcoin Price Regains $68K: Can Bulls Push to $70K Next?
Bitcoin price extended gains above the $68,000 resistance level. BTC bulls seem to be in action, and they might aim for a move toward the $70,000 level. Bitcoin started a fresh increase above the $66,500 resistance zone. The price is trading above…
ApeCoin holders mull proposal for Bored Ape-themed hotel in Bangkok
A member of the ApeCoin DAO is asking for $356,000 to renovate a portion of a hotel in downtown Bangkok with Bored Ape Yacht Club trademarks.
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and…
Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal
On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the…
Biden family memecoins tank 60% after Biden exits presidential race
Memecoins linked to Joe, Jill, and Hunter Biden tanked more than 60% while a memecoin tied to US Vice President Kamala Harris rallied 133% before cooling off.
Australian stablecoin startup Stables expands to Europe
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream.
Robert Kiyosaki: Real Estate Markets Crashing, Time to Make Money in Your Sleep
Trump's RNC speech gave tech enthusiasts hope for the future
Residents of Silicon Valley have been boarding the Trump train, and Trump's speech at the RNC illustrated some of the reasons.
New Virtual Asset Protection Act Takes Effect in South Korea
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and…
Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the…
Metaverse book gets boring rename in latest sign of waning enthusiasm
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3.
Latam Insights: Bukele Slashes Import Duties in El Salvador, Argentina Enacts Crypto Tax Normalization
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina…
Bitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK
Solid inflows into spot Bitcoin ETFs reflect investors' bullish sentiment, and this could push SOL, ICP, GRT and BONK.
African Union Approves Continent’s Artificial Intelligence Strategy
The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging new technologies…
Biden Exits 2024 Election, Polymarket Predicts Kamala Harris as Leading Democratic Nominee
Following the announcement that President Joe Biden will withdraw from the 2024 election, the prediction market Polymarket now indicates an 81% probability that Vice President Kamala Harris will be the Democratic nominee at the upcoming national…
Germany already lost out on $124M profit selling its Bitcoin
The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash.