FOMO HOUR 181 – GIGA HITS $300M BTC ETFs: +$11m, ETH ETFs: -$40m. BTC hits $56k then rebounds, $176m liquidated. Schumer says crypto policy can pass this year. Tether mints another $250m on SOL. Bernstein moves several BTC miners to ‘Outperform’. Miners raised $2.2bn in Q2 to help cash crunch. EigenLayer TVL falls $351m after…
Key Takeaways Privacy concerns are the main barrier to digital euro adoption in Germany. ECB plans to introduce the digital euro with enhanced security features and offline capabilities. Share this article In Germany, skepticism toward the digital euro is mounting as the European Central Bank (ECB) approaches a decision on its implementation, slated for late…
BTC’s price volatility dropped last week as it was in a consolidation phase Meanwhile, BTC’s exchange reserve fell too, indicating its rising demand Bitcoin [BTC] hasn’t showcased much volatility over the last few days as its price seemed to be hovering around $60k. In the meantime, BTC’s demand increased sharply, which could soon have an…
Bitcoin has probably bottomed out and is now primed for an uptick, according to anonymous crypto trader self-proclaimed “bubblechaser” Bluntz. In an Aug. 15 post on X, the trader — famous for correctly predicting the 2018 Bitcoin (BTC) bottom — proclaimed that the cryptocurrency had completed an ABC correction, with its price probably due to…
Top crypto exchanges like Coinbase, KuCoin, and Gate IO are seeking licensing pursuit in Turkey. The country has clearer crypto regulatory rules than the US. Many crypto trading platforms are looking to gain more global relevance with registrations in key market hubs. Top digital currency trading platforms like Coinbase Global Inc., KuCoin, and Gate IO…
BlackRock’s ETFs surpass Grayscale’s in assets, crowning new crypto fund king: Arkham Source link
Cryptocurrency prices were on edge on Saturday, continuing a consolidation pattern that has been going on in the past few weeks. Bitcoin was trading at $59,000 on Saturday, where it has been stuck this week. Other cryptocurrencies like Cardano, Solana, and BNB tokens have also wavered as the industry has had no major news. Bitcoin…
South Korea’s National Pension Service now owns more than $32 million worth of MicroStrategy (MSTR) shares after investing in the Bitcoin (BTC)-friendly US firm earlier this year. The Pension Service, which reportedly manages $764.8 billion worth of assets at the end of 2023, has accumulated 24,500 MSTR shares as of June 30th, according to a…
In a bid to simplify the complex world of cryptocurrency for a new generation, a group of former Monero developers, including core contributor Riccardo Spagni (also known as “fluffypony”), are launching the testnet of their Tari Universe desktop application for mining the eponymous Tari token. According to Tari contributor Naveen Jain, Tari was inspired by…
The British Columbia Securities Commission (BCSC) has determined that the cryptocurrency trading platform ezBtc and its founder, David Smillie, defrauded investors of approximately $9.5 million, equivalent to 13 million Canadian dollars, in crypto assets. The BCSC’s investigation uncovered that ezBtc and Smillie engaged in misleading and deceptive practices, misappropriating funds intended for customer accounts. Crypto…