First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator…
Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130
Solana is now trading around a critical support level after experiencing a 15% decline from its local highs at $162.36. While Solana has shown relative strength compared to other altcoins, the recent price action has introduced heightened…
Five crypto market predictions that haven’t come true — yet
Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.
Banks face new risks from permissionless blockchains, BIS warns
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets.
US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit
On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in…
Quidax Becomes Nigeria’s First SEC Licensed Crypto Exchange
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and…
A Vision for Bitcoin Mass Adoption by Mark Zalan, CEO of GoMining
Since its inception in 2009, Bitcoin has evolved from a niche concept into a driving force within global financial markets. This remarkable transformation is anchored by two key pillars: a utility-driven ecosystem that offers innovative solutions…
Toncoin hits $13.96B market cap amid Durov debacle
Toncoin reached a significant milestone with 1.1 million daily users, but its market experienced turbulence following the arrest of Telegram CEO Pavel Durov.
BNB Battles Persistent Bearish Pressure, Will $500 Be The Next Stop?
BNB is currently under increasing bearish pressure, potentially setting it on a path toward the $500 mark. As sellers strengthen their control, the cryptocurrency seems poised for a further drop to this crucial support level, raising the question…
First Mover Americas: BTC Little Changed, on Course to End August Down 8%
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
All Bets on Mpeppe: Artificial Superintelligence Alliance (FET) Holders Make Bold Move in the AI Gambling Space
The world of cryptocurrency is never short on surprises, and the latest buzz centers around the unexpected but strategic move by holders of Fetch AI (FET) to dive into the burgeoning AI-powered gambling market through Mpeppe (MPEPE). This bold…
Playdoge vs. Mpeppe: Which Meme Coin is the Next Dogecoin?
Two meme coins, Playdoge (PLAY) and Mpeppe (MPEPE), have captured significant attention, each with its own unique appeal and potential to become the next Dogecoin (DOGE). With the Playdoge (PLAY) presale nearing its end and Mpeppe’s rise in…
ETH Whale Purchases PEPU, Playdoge and Their Rival Token Currently at $0.001777
In the volatile world of cryptocurrencies, strategic investments by whales, those with massive holdings often signal potential surges in value. Recently, an ETH whale made headlines by acquiring a significant amount of Pepe Unchained (PEPU)…
LBank Shakes Up the Crypto World: Celebrates 9th Anniversary with Bold New Moves and Leadership Shift
As LBank marks its 9th anniversary, the global cryptocurrency exchange looks back on nearly a decade of impressive growth, resilience, and innovation in the ever-changing digital asset space. Since its founding in 2015, LBank has built a reputation…
Four law firms collectively earned $484 million from their work on the crypto bankruptcies, representing 64% of all fees requested and received in these cases.
Market Slip Drags Injective Down 16% Despite Ongoing Developments
With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much…
Chinese ‘CoinGecko’ investigated by local police — Report
Launched in 2017, Feixiaohao is one of the many Chinese websites that remained operational even after the major cryptocurrency ban was enforced in China in 2021.
BlackRock's Bitcoin ETF Saw Outflow For the First Time Since May
BlackRock's spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, experienced an outflow of $13.5 million on Thursday. This was IBIT's first outflow since May 1st. Thursday's outflow was the second ever for the iShares Bitcoin Trust…
Mt. Gox and US gov’t could introduce $14B Bitcoin selling pressure
Bitcoin’s crabwalk could extend into September as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure.
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