Binance Labs Announces New Investment in Solana (SOL) Staking Protocol
The venture capitalist branch of the world’s largest crypto exchange platform by volume is announcing a new investment into a...
Month: August 2024
Dogwifhat leads the market with 13% gain — What’s driving WIF price?
WIF booked a double-digit rebound to outperform memecoins, Bitcoin and altcoins which remain in sell-off mode.
Metaverse land prices down 72% on average from highs
Metaverse land prices have fallen nearly 95% from their peak values, according to a CoinGecko report. In 2024, the cost...
Bitcoin miner sell-off trend continues post-2024 halving
Onchain Highlights DEFINITION: The 30d change of the supply held in miner addresses. Bitcoin miner net position change reveals continuous...
Saylor reveals his personal Bitcoin holdings are worth over $1 billion
MicroStrategy executive chair Michael Saylor disclosed in an interview on Aug. 7 that his personal Bitcoin holdings are worth over...
Judge ends Ripple, SEC lawsuit with $125 million fine, XRP surges 18%
The court has levied a $125 million fine on Ripple in the lawsuit filed by the US Securities and Exchange...
Ethereum ETFs register two consecutive days of inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) registered $98.4 million in inflows on Aug. 6, the second largest inflow since the...
Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed intentions to add the SOL token...
Trump election odds fall to 51% on Polymarket after Harris reveals running mate
Republican presidential candidate Donald Trump’s chances of winning the 2024 US Presidential Election have declined on Polymarket, marking their lowest...
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case...
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a...
Economist Jim Rickards Highlights Gold’s Opportunity During Market Meltdowns
Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents...
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain....
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has...
Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’
Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that...