Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial inequality. The Trump Organization’s crypto initiative, which has garnered attention from Eric and Donald Trump Jr., aims to challenge traditional banks. Trump Promotes New Cryptocurrency …
Monthly archives: August 2024
Binance Announces Support for New Dog-Themed Memecoin From Telegram Ecosystem
Top global crypto exchange Binance is rolling out support for a new memecoin that was created out of the messaging platform Telegram community. In a new announcement, Binance says it is listing Dogs (DOGS), a memecoin on the layer-1 blockchain The Open Network (TON). Binance will first list DOGS on August 23rd in the Binance …
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Aave Forms Sell Signal That Led To 27% Average Correction Last 4 Times
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience. …
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Memecoin FLOKI Leads Crypto Market With 13% Surge, Here’s Why
The memecoin FLOKi is leading today’s crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships, most notably involving Binance and the upcoming airdrop of Simon’s Cat (CAT) token. #1 Binance …
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Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …
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Cardano Chang Upgrade Launch: ADA Sees 52% Explosion In Major Metric
The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric. Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the …
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The DeFiant Ones – Former President Donald Trump Launches Crypto Platform: Report
Republican presidential nominee Donald Trump is reportedly launching his very own cryptocurrency platform. According to a new report by CNBC, Trump has announced the launch of crypto platform The DeFiant Ones to his followers on Truth Social as a means of competing with banks. As stated by Trump, “For too long, the average American has …
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Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
Vitalik Buterin says Ethereum’s fundamentals have become ‘crazy strong’
Vitalik Buterin said that the series of critical developments in Ethereum’s (ETH) ecosystem in recent months have made the network’s fundamentals “crazy strong.” Buterin made the statement in response to claims that Ethereum has “weakened a lot” during this market cycle, countering the narrative by citing a series of recent advancements and achievements within the …
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Bitcoin exchange balances retake 3 million in 2024 amid price fluctuations
Onchain Highlights DEFINITION: The total amount of coins held on exchange addresses. Bitcoin’s balance on exchanges has fluctuated throughout 2024, coinciding with a period of price fluctuation and asset increase. The charts reveal that the year-to-date (YTD) balance of Bitcoin on exchanges began around 3 million BTC and slightly increased to approximately 3.05 million BTC …
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Worldcoin under fire in Colombia over potential data protection lapses
Colombia’s Superintendence of Industry and Commerce (SIC) has initiated formal proceedings against Worldcoin Foundation and Tools for Humanity over alleged violations of the country’s personal data protection regulations. According to the Aug. 21 announcement, the regulatory body, acting under its mandate to safeguard personal data, issued the charges on Aug. 16. Regulatory probe The SIC’s …
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MakerDAO unveils revamped stablecoin and governance tokens
MakerDAO introduced new upgraded versions of its DAI stablecoin and the MKR governance token, called NewStable (NST) and NewGovToken (NGT), respectively. According to the Aug. 22 announcement, upgrading to the new tokens is optional, and they will not make DAI and MKR obsolete — both will continue to be available as before unless the protocol’s …
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Trump family unveils new DeFi platform that aims to disrupt ‘big banks’
Former President Donald Trump announced the upcoming launch of the Trump Organization’s new crypto platform — dubbed “The DeFiant Ones” — on Aug. 22. Trump made the announcement via a post on Truth Social and hinted that the DeFi platform aims to provide Americans with an alternative to the traditional financial system. He stated: “For …
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India gears up for sweeping crypto regulations with new consultation paper
The Indian government is preparing to introduce comprehensive regulations for the crypto sector, local media reported on Aug. 22. Sources familiar with the matter said the first step of the plan is to release a consultation paper in the coming weeks that will invite feedback from stakeholders. The initiative highlights the government’s commitment to establishing a …
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