Crypto for Advisors: Bitcoin and Gold, Stores of Value
The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of…
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE…
Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets…
XRP Rides High As Major Japanese Exchange Adds Support—Details
Japanese cryptocurrency exchange CoinCheck made headlines with the intention of listing XRP, which is the seventh-biggest digital currency, alongside five other cryptocurrencies. Made on X, this announcement signals a turning point for XRP…
Ethereum Price Prediction: Another 7 Day 5.44% Low For ETH As Whales Shift Towards This 100x Meme Bomb
Ethereum (ETH), often hailed as the king of altcoins, has been experiencing a tumultuous period recently. Over the past seven days, Ethereum has dropped by 5.44%, causing concern among investors and enthusiasts. Despite being one of the most…
Top Meme Coins to Buy in September 2024: Pepe Coin (PEPE) and Mpeppe (MPEPE)
As the cryptocurrency market faces its usual September downturn, savvy investors are on the lookout for opportunities amid the chaos. While major coins like Bitcoin and Ethereum have seen significant declines, meme coins have not been spared…
Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card
Mastercard has partnered with Bitcoin and crypto payments provider Mercury to launch a euro-denominated debit card allowing users to spend Bitcoin and crypto directly from non-custodial wallets, as per Cointelegraph. The card enables European…
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by…
EigenLayer to Distribute 86M Tokens to Stakers, Node Operators
Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members.
First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto-native travel platform Travala integrates with Skyscanner for 2.2M hotels
Travala is the first crypto-native travel platform to receive a Skyscanner integration, which allows it to access the platform’s 110 million monthly users.
Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market
A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged…
US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes…
Stop giving your DNA data away for free to 23andMe, says Genomes.io CEO
Genomes.io CEO Aldo de Pape tells The Agenda podcast that customers should be wary about giving away their DNA data for free, as its true value is astronomical.
Why Aave (AAVE) Sharks Have Migrated to A New Crypto Coin That Has Raised Almost $2M
In the dynamic world of cryptocurrencies, the movement of “sharks”—large-scale investors—often signals significant market trends. Recently, Aave (AAVE) sharks have turned their attention to a new and promising meme coin Mpeppe, that has…
Cryptocurrency Bleeding September 2024: Tron Holders Become Sceptical and Hedge Towards Mpeppe Due to 150% Profits
As September 2024 unfolds, the cryptocurrency market continues to experience volatility, with Tron (TRX) holders increasingly skeptical about the near-term prospects of their investments. Amidst the uncertainty, many are hedging their bets by…
Bad to Worse: Render (RNDR) Split Crypto Purse With Presale Mpeppe After Suffering 19.82% Losses
The volatile landscape of cryptocurrency has once again shown its unpredictable nature, this time impacting both Render (RNDR) and Mpeppe (MPEPE). As the market endured a wave of turbulence, the AI-driven Render token faced a sharp decline…
Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why
Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at…
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