‘Ancient’ Ethereum (ETH)-Based Altcoin Jumps Over 50% on New Coinbase Listing

A gaming altcoin built on Ethereum (ETH) is seeing 50% gains after being suddenly listed on top US crypto exchange platform Coinbase. In a new post on the social media platform X, Coinbase says it is now listing ETH layer-2 gaming blockchain Ancient8 (A8) with an experiment label, meaning the asset could have low trading …

UK Prosecutors To Consider Charging Self-Styled Bitcoin Creator Craig Wright With Perjury and Document Forgery

Self-proclaimed Bitcoin (BTC) creator Craig Wright is facing potential prosecution in the UK over his pronouncement that he is the inventor of the world’s first and leading cryptocurrency. In March, the presiding judge in the case filed by the industry group Crypto Open Patent Alliance (COPA) against Wright said that there is overwhelming evidence that …

Former Treasury Secretary Mnuchin blocked Trump’s attempt to ban Bitcoin in 2020

Former US President Donald Trump almost banned Bitcoin in 2020, according to Mike Brock, the CEO of TBD, a division of Jack Dorsey‘s fintech firm Block Inc. In a July 18 post on social media platform X (formerly Twitter), Brock stated: “Trump tried to ban Bitcoin in 2020, until Steve Mnuchin and a group of …

DeFi Technologies amplifies Bitcoin holdings, adds Solana to treasury

DeFi Technologies, a publicly traded Canadian company, is expanding its crypto portfolio by acquiring more Bitcoin and other digital assets like Solana to its treasury, according to a July 18 statement shared with CryptoSlate. Olivier Roussy Newton, CEO of DeFi Technologies, said: “Our increased BTC holdings, strategic investment in SOL, CORE and participation in CORE’s …

Exchange Bitcoin balances rise by $4.1 billion in last 30 days

Bitcoin, currently valued at $64,900, has experienced significant movements in exchange balances over recent months, surging by 64,000 BTC, roughly $4.1 billion, in the last 30 days, according to Glassnode data. This follows a period of marked decline in exchange-held Bitcoin that began in early 2024 after the launch of the spot Bitcoin ETFs in …

OKX chooses Malta as MiCA hub to serve 450 million EU residents

Crypto exchange OKX selected Malta as its Market in Crypto-Assets (MiCA) hub to serve 450 million EU residents, according to a July 18 statement. The exchange highlighted explained that this strategic move will allow it to offer services in compliance with local regulations while ensuring easy deposit and withdrawal connectivity to local bank accounts. Under …

Liquidium’s $2.75M seed round aims to bring Aave-like experience to Bitcoin

Liquidium, a lending platform, has raised $2.75 million in a seed round to establish itself as a leading DeFi hub in the Bitcoin ecosystem. Investors in the round include Wise 3 Ventures, Portal Ventures, Asymmetric Capital, AGE Fund, NGC Ventures, CMS Holdings, Newman Capital, VidenVC, and DeGods. The round also included angel investors like Dingaling, …

Polygon set to replace MATIC with innovative POL token this September

There are no immediate deadlines for MATIC holders on Ethereum and Polygon zkEVM to upgrade to POL. However, the community will have the authority to set a deadline in the future. Tom Wan, a research strategist at 21.co, said these processes would increase the progress of the token migration to more than 50%. Dune analytics …

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF …

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 insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes Seller Exhaustion in Bitcoin Markets, Despite Low Stablecoin Liquidity In the past week, …

Olympic-Themed Crypto The Meme Games Nears $150K in First Week of Presale

The Meme Games (MGME) is the latest project everyone’s buzzing about. It’s benefiting from the hype around the 2024 Paris Olympics and has raised almost $150,000 in the first week of its presale. With a hilarious design and some huge staking rewards on offer, no wonder investors are piling in while they can. Olympic-Theme Meme …

US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million

U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts Reserves to $21B Amid $110.37M Inflows On July 17, the 11 spot bitcoin ETFs recorded $1.79 billion in trade …

ECB Maintains Interest Rates Amid Persistent Inflation Concerns

The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move. The ECB highlighted that while corporate profits are mitigating some …

Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach

Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering insights into the sophisticated hack. Wazirx Security Breach Halts Withdrawals After …

German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion

German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised …

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