Quick Look
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the...
India Favors BRICS Payment System, Says Institute Director
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach....
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a...
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities...
ETHTrustFund DAO accused of $2M rug pull in latest crypto scam
ETHTrustFund DAO allegedly stole $2M and laundered funds via mixer apps. Developer Peng went silent months before the rug pull and...
Trump’s Claims About El Salvador and President Bukele Debunked
Former U.S. President Donald Trump stated that El Salvador’s 70% drop in murders was due to criminals being sent to the U.S....
MicroStrategy’s stock performance soars amid Bitcoin rally
MicroStrategy’s stock outperformed major tech stocks due to its significant Bitcoin holdings, surging 15% recently. Since the start...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements...
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting...
SEC Extends Review Period for Bitcoin Trust Options Trading Proposals
The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various...
NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs)...
Decentralized Finance TVL Recovers to $100B After July Lows
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the...
Polymarket Wager Places Josh Shapiro, Roy Cooper as Leading VP Candidates for Harris
According to the latest data from the prediction market Polymarket, the 75th Governor of North Carolina, Roy Cooper, and the 48th...
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S....
Cboe Announces July Date to List Five Spot Ether ETFs
Cboe is planning on listing five ether exchange-traded funds (ETFs) on July 23 It will begin trading spot ETFs from the 21Shares...
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The...
Market volatility post Joe Biden withdrawal wipes out $113M as investors flock to Poodlana
The withdrawal of Joe Biden has caused some market volatility with $113M worth of traded liquidated. Investors are flocking to...
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay....
Avalanche holds above $30 despite politics-driven crypto dip
Avalanche (AVAX) hovered above $30 after breaking out from lows of $26 last week. Despite overall dip in crypto amid latest US...
Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem...
HKX joins growing list of crypto exchanges exiting Hong Kong
HKX to cease operations in Hong Kong due to regulatory compliance issues. Thirteen crypto exchanges have had their license...
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last...
SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks
Hong Kong, Hong Kong, July 21st, 2024, Chainwire SoMon, a decentralized Web3 forum with a vision to create a space for user-owned...
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...
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...
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...
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...
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...
Robert Kiyosaki: Real Estate Markets Crashing, Time to Make Money in Your Sleep
Rich Dad Poor Dad author Robert Kiyosaki predicts a major opportunity for wealth accumulation as real estate markets crash....
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...
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...
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...
Poodlana, Mother Iggy, Cat in a Dogs World (MEW)
Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800...
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...
Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October
The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14,...
Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through,...
Wazirx Offers $23M Bounty to Recover Stolen Assets After Massive Security Breach
Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig...
HTX Is Developing an Apple Vision Pro Crypto Exchange Concept
In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro....
Trump’s Odds of Winning Soar, OTC Volume Surges 95% in H1, and More — Week in Review
Former U.S. President Donald Trump experienced a surge in prediction market odds for winning the presidential election after an...
Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ)...
Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody
The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to...
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before...
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The...
Messari CEO Selkis Resigns After Controversial Political Posts
Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior...
Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.”...
US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages
U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages....
2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case
Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization,...
Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible
Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions...
SEC and 100 Agencies Form Council to Combat Securities Fraud
The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination...
Rho Markets Pauses Platform After Attacker Siphons $7.6 Million in Digital Assets
The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been...
Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange....
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently...
Five spot Ethereum ETFs will launch on July 23. Is it time to invest more in crypto?
Key takeaways Five spot Ethereum ETFs, including Fidelity, are set to launch on July 23rd. Poodlana’s presale is now close to the...
Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange
Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive...
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA...
Jordan Launches National Blockchain Technology Network
The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership...
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering...
Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving...
KPMG Establishes Strategic Alliance With Cryptio
KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software...
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the...
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from...
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive...
Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This...
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new...
Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion
Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss...
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its...
Creating BTC Growth Points: GoMining Vision
From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world,...
Messari CEO Ryan Selkis steps down
Ryan Selkis is stepping down as CEO of crypto platform Messari. Eric Turner, the company’s chief revenue officer, replaces him as...
Hamster Kombat Continues Rising in Pre-Market Trading as New P2E Token Shiba Shootout Raises $700k
The meme coin market has flipped bullish again over the past week. Hamster Kombat (HMSTR) is doing well in pre-market trading,...
Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over...
Solana eyes key level as Poodlana presale hits $1.4 million
Solana (SOL) breakout above $160 could ignite rally to new year-to-date highs. Poodlana (POODL) has hit $1.4 million in presale,...
South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade...
K9 Finance Validator and Token LIVE on Shiba Inu Blockchain
K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions,...
Smart contract evolution and its technological impact
Recent advancements in smart contract technology include enhanced automation and expanded use cases. Experts highlight their...
Winklevoss Twins Donate $1 Million to Elizabeth Warren Rival John Deaton
The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $1 million to support the campaign...
Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia
President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital...
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which...
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108...
Venezuelan Crime Organization Tren De Aragua Gets Sanctioned by OFAC on Crypto Money Laundering Allegations
Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational...
Kraken Expands Crypto Custody Services to Institutions in UK and Australia
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first...
Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the...
FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans
The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from...
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a...
Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership
Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by...
Venga appoints Michael Stroev as CEO ahead of its all-in-one crypto app launch
Venga appoints Michael Stroev as CEO to lead its all-in-one crypto app launch. Venga seeks to simplify web3 access with a...
President Bukele Eliminates Basic Food Products’ Import Duties for a Decade In El Salvador
President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating...
Polygon’s MATIC to POL upgrade set for September
Polygon Labs has announced Ethereum Layer 2 blockchain Polygon’s technical upgrade for MATIC to POL will go live on September 4,...
TON Foundation to Launch Bitcoin Bridge on The Open Network
The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure...
Charles Hoskinson Disagrees with Vitalik Buterin on Pro-Crypto Stance
Charles Hoskinson believes a win for Joe Biden would be the “death of the American crypto industry” Hoskinson thinks politicians...
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional...