Quick Look
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors...
JPMorgan Expects Silver Prices to Soar in 2025
JPMorgan, one of the largest investment banks, has predicted that silver prices will soar in 2025, led by different factors...
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a...
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s...
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands...
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This...
Morgan Stanley allows advisors to offer Bitcoin ETFs to clients
Morgan Stanley has become the first major Wall Street bank to allow its financial advisors to offer Bitcoin exchange-traded funds...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million...
The Open Summit Set to Transform Asia’s Web3 Landscape as the largest TON event this Summer
PRESS RELEASE. Taipei, Taiwan —The Open Summit, the largest TON summit this summer, is set to be a landmark event for the global...
Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate
The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather...
Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount...
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a...
Iran Backs Russia on BRICS Single Currency Initiative
Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the...
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a...
Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto
An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an...
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal...
New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau
The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity...
Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com
Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The...
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes....
State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of...
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...
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors,...
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...
Bitcoin network difficulty reaches record high amid price volatility
Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677...
Bybit Exits French Market Amid Regulatory Pressures
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French...
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or...
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached...
PlayDoge ICO Nears $6M as Retro-Style P2E Meme Coin Goes Viral
PlayDoge (PLAY), the latest meme coin sensation, is on the verge of hitting a major milestone. This retro-style project is nearing...
Open Summit Set to Transform Asia’s Web3 Landscape as largest TON event this Summer
Experience the new economy with TONX ID at The Open Summit – Unlock Rewards from Over Thirty TON Projects Both Online and Offline....
Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of...
Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge?
Chris Li predicts blockchain will shift from horizontal to vertical scaling soon. Vertical scaling could enhance efficiency in...
Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the...
Bitflow integrates swap function into Leather Wallet
Bitflow integrates its swap function into the Leather wallet for 370,000 users. The partnership enhances user experience and...
Bahamas Enacts Digital Assets and Registered Exchanges Act
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in...
Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake...
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency...
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January...
Ghana Launches Centralized Online Foreign Exchange Trading Platform
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance...
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of...
FBI Issues Warning About Crypto Exchange Scams
The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to...
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in...
Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of...
DeFi Protocol Convergence hit by major hack, CVG token collapses
Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99%...
Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current...
Bitcoin miner CleanSpark expands with first site acquisition in Wyoming
CleanSpark said in a press release on Thursday that it has acquired its first Bitcoin mining site in Wyoming. The company executed...
Hamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution
Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated...
Bitcoin falls to $62k as crypto mirrors stocks crash
Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors...
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a...
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and...
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service...
Casper Network resumes operations after the recent security incident
Casper Network has resumed operations after resolving the recent security breach. Two blocks were removed; a new Casper-node binary...
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s...
OpenEden launches tokenized T-Bills on XRP Ledger with $10M investment from Ripple
OpenEden launches tokenized T-bills on XRP Ledger with Ripple’s $10 million investment. TBILL tokens are backed by US T-bills and...
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been...
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee...
Online casinos will generate more revenue in the UK this year than in the US, new data reveals
UK online casinos forecast to generate $6.468 billion in revenue in 2024, surpassing USA’s $6.29 billion UK has higher user...
California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain...
Telegram unveils in-app browser for decentralized websites
Telegram’s in-app browser will support decentralized websites built on the TON blockchain. Users can have access to games and...
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without...
‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed...
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report...
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national...
Wisconsin launches an investment scam tracker to combat crypto fraud
Wisconsin DFI launches tracker to combat crypto and investment fraud. Nearly $3.55M was lost to fraud in Wisconsin from Jan 2022 to...
Trump Has Raised $25M From Crypto Industry and Bitcoin Whales
Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales...
ASTRO token crashes 60% after Terra blockchain exploit
Astroport (ASTRO) price nosedived 60% after Terra blockchain announced a network halt. The halt followed an exploit on Terra...
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support...
Tether hit a record $5.2 billion profit in first half on 2024
Tether recorded $1.3 billion in net operating profit for Q2 and $5.2 billion for the first six months of the year. Q2 also saw a...
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the...
Polymarket surpasses $1B in bet trading Volume amid US election betting surge
Polymarket surpasses $1 billion in trading, driven by US election betting surge. Trump leads with 57% odds; Harris’s odds rise to...
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity...
New GMX revenue distribution model advances to on-chain vote stage
GMX proposes switching revenue distribution from ETH to GMX token buybacks. On-chain voting for the proposal is open until August 4...
Tether Posts $5.2 Billion Profit in First Half of 2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest...
Worldcoin expands ID verification services in Europe
Worldcoin launches ID verification orbs in Vienna as part of EU expansion. The company has faced regulatory challenges in some...
US Bitcoin ETFs Record $18.3 Million in Net Outflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting...
Coinbase, Google veterans secure $5M to build ‘blockchain’s LinkedIn’
Icebreaker, an open professional network co-founded by Coinbase and Google veterans, has raised $5 million in a seed round to build...
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase...
Grayscale’s Bitcoin Mini Trust ($BTC) goes live on NYSE Arca
Grayscale announced the launch of its Bitcoin Mini Trust, $BTC, on NYSE Arca on Wednesday. $BTC went live at NAV per share of $5.84...
Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation...
Palpable excitement as Solana-based gambling meme coin Backjack (JACK) launches today
Blackjack ($JACK) launches today on Solana with an 85% fair launch model. The coin embodies high-risk gambling with a total supply...
CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same...
Huawei Aims to Drive AI Adoption in Africa With Data Center Expansion
Chinese tech giant Huawei says it will leverage its experience to help African customers. The company aims to achieve this by...
Bybit introduces digital rupee payments for Indian users
Bybit adds digital rupee (eRupee) payments for Indian users to enhance security. Bybit also supports bank transfers and Paytm for...
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto...
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
Slovenia issued the first sovereign digital bond in the EU, a 30 million-euro ($32.5 million) bond which will be settled through...
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an...
Cat-themed meme coin Blackjack ($JACK) to launch on Solana, presale commences in 24 hours
Key takeaways Blackjack is launching on the Solana blockchain and will have a total supply of 100 million tokens. The presale will...
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about...
DSCVR Launches Canvas: A Massive Leap for Web3 Social Embedded Apps
Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform,...
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices...
VALR launches Solana Summer event with 300 SOL in rewards
VALR’s Solana Summer runs from August 1st to September 31st with 300 SOL in rewards. Daily, one participant wins 1 SOL; the top 5...