Battle Infinity Reaches At 66% – Predicting Early Sell Out (UPDATE – SOLD OUT)

The Battle Infinity is at 66% of its hard capitalization already. The project has gone from about 8200 BNB to 10900 BNB (and counting) in the just last 24 hours. According to records, around 1500 – 2000 BNB, which is over half a million dollars in additional funding, was raised in one day marking a …

Remember Gamestop? This $300 Billion Memestock Leaves It Miles Behind

Remember GameStop saga or AMC mania? If yes, then here is another meme stock soaring in the market nowadays. Hong Kong-based fintech company AMTD Digital (HKD), which recently got listed on NYSE at the issue price of $7.8 on July 15, hit the record peak price of $2,555. After hitting the price mark 32,600 per …

Behind the scenes of the world of NFTs with Mint Podcast creator Adam Levy

The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $22,650.64 and BTC market dominance is %. The price of Ethereum is $1,599.47 and ETH market dominance is %. The best performing cryptoasset sector is Sports, which gained 27%. Go to Source

Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto

CryptoSlate had the opportunity to sit down with Erhan Korhaliller, Founder & CEO of EAK Digital, the web3 communications and events agency behind some of the industry’s most creative IRL events, as he puts plans together for the much anticipated Istanbul Blockchain Week. Why is the Turkish market so hot for crypto? Turkey has been …

Pictet Group tells private banks to stay away from crypto

Amid the current market meltdown, Swiss wealth management firm Pictet Group is cautioning private banks against investing in crypto, Bloomberg News reported Aug 4. Speaking on a panel at the Bloomberg Asia Wealth Summit in Singapore, CEO of Pictet Group’s Asia wealth management arm Tee Fong Seng said: “Crypto will be an asset class that …

Senator Warren takes aim at changing rules on crypto offerings from banks

Senator Elizabeth Warren (D-Mass.) is circulating a letter among her Senate colleagues that would withdraw legal guidance for banks holding and trading cryptocurrencies, Bloomberg News reported Aug. 4. The letter reportedly calls the Office of the Comptroller of the Currency (OCC) to work with the Federal Reserve (Fed) and the Federal Deposit Insurance Corp. (FDIC) …

Philippines Financial Watchdog warns public against investing with Binance

The Philippines Securities and Exchanges Commission (SEC) has issued a warning to the public against dealing with Binance. The caution was contained in a response sent to Infrawatch PH, a public policy think-tank working to see that the exchange is banned. Earlier in July, Infrawatch PH sent a 12-page letter to the SEC demanding an investigation …

Retail investors were responsible for Bitcoin’s best run since October 2021

Retail investors are piling into Bitcoin despite continued regulation and price uncertainty, according to Barrons. Since July 13, Bitcoin has been trending upwards, growing in value by 18%. Having peaked at $24,700 on July 30, the uptrend was cut short. Nonetheless, this performance was BTC’s best run of form since October 2021. Bitcoin price action …

Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork

Justin Sun, Tron’s (TRX) founder, has revealed support for Ethereum’s (ETH) proof-of-work (PoW) hard fork. In an August 4 tweet, Sun said he would donate some coins to the forked Ethereum PoW community to develop its ecosystem. We currently have more than 1 million #ETH. If #Ethereum hard fork succeeds, we will donate some forked …

US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market

U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodities spot market.” Digital Commodities Consumer Protection Act U.S. Senators Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker (D-NJ), and John Thune (R-SD) introduced Wednesday the “Digital Commodities Consumer …

Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800

Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management …

IRS Expands Crypto Question on Tax Form

The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return. New Crypto Tax Question The Internal Revenue Service (IRS) published a draft of Form 1040 for the 2022 tax year last week. Form 1040 is the …

Multimillion Dollar Hack Drained Thousands of Solana (SOL) Accounts

Solana (SOL), a public blockchain platform, has been the latest target of a cryptocurrency attack. SOL users claimed that money had been stolen from “hot” wallets. Solana (SOL), a public blockchain platform, became the latest victim of a cryptocurrency heist after customers complained that their assets had been stolen from “hot” wallets. Moreover, the assault …

Ethereum Price Remains Constricted, Can It Move Above $1,900?

Ethereum price was trading laterally between the $1,700 and $1,600 price mark. At the moment Ethereum was standing firm on the $1400 support line. Over the last 24 hours, Ethereum price depreciated over 4%. Bearishness started to prevail on ETH’s chart and technical outlook pointed towards the same direction. For the bulls to resurface Ethereum …

Bitcoin Funding Rates Turn Positive, Why The Rally May Not Be Over

Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked fears of another bearish trend starting in the market. However, this has quickly changed as the numbers for last week have come in. This time around, the bitcoin funding rates are painting a better picture …

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