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Bitcoin Bleeds $946M as Ethereum, Solana, and XRP Attract $434M in Inflows
Crypto asset exchange-traded products (ETPs), led by Bitcoin, saw a total of $513 million in outflows following the liquidity issues on October 10. While the market became more volatile, most ETP investors didn’t react strongly. In contrast, on-chain investors were more cautious, contributing to bearish sentiment. Despite the outflows, trading volumes remained robust, reaching $51…
Trump extends lead on Polymarket after pivotal speech with Elon Musk
Republican presidential candidate Donald Trump extended his lead on Polymarket over Democrat presidential runner Kamala Harris after a strong speech with Elon Musk, the billionaire Tesla CEO. According to data provided by Polymarket, Trump is leading with a 50.8% chance of winning the forthcoming U.S. elections. Harris currently stands at 48.4% odds of becoming the…
a16z Crypto Explores Token Best Practices and Emerging Trends
Iris Coleman Aug 12, 2024 04:50 a16z crypto offers guidance on token best practices, financial models, and innovation ecosystems, while highlighting recent blockchain advancements in California. a16z crypto, a prominent venture capital fund, has been investing in crypto and web3 startups since 2013. In a recent series…
MEXC Brings Zero-Fee Trading to Prediction Markets
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Poland Parliament Fails Again to Override Crypto Bill Veto
Poland’s parliament has once again failed to overturn a presidential veto blocking a key crypto regulation bill, extending the political standoff over how the country should oversee digital assets. In a vote held Friday, lawmakers fell short of the 263 votes required to override the veto issued by President Karol Nawrocki, local outlet TVP World…
New Jersey Man Convicted in Fentanyl Trafficking and Money Laundering Crypto Scheme
A New Jersey jury has convicted a man for his role in a drug trafficking and money laundering operation that used wire transfers and cryptocurrency to move illicit funds. The scheme, which prosecutors in the case say ran for six years, involved importing and distributing fentanyl-related substances. Crypto-Fueled Drug Network The federal jury found William…