A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag …

GOMINING Token Review: Exploring Fundamental and Technical Factors

Given the volatility of the crypto market, the opportunity for cryptocurrencies to skyrocket in value comes with an equally significant risk of them plummeting. This reality forces investors and users to identify tokens that are less likely to lose their value suddenly. According to Statista, as of August 2024, there were over 10,000 active cryptocurrencies, …

Bitcoin Could Plunge Lower Before Reversing Back Up, Says Analyst Michaël van de Poppe – Here Are His Targets

A widely followed crypto analyst is predicting that Bitcoin (BTC) could fall further before mounting a comeback. Crypto trader Michaël van de Poppe tells his 723,600 followers on the social media platform X that BTC could drop to $54,000 before hitting the reversal. “The lower timeframe picture on Bitcoin is highly boring. Took the liquidity …

Bloomberg Terminal Integrates With Blockchain-Based Betting Platform Polymarket

The Bloomberg Terminal has integrated data from the popular blockchain-based betting platform Polymarket. Bloomberg’s terminal provides financial analytics and coverage of markets, industries, companies and securities across all asset classes. The platform integrated data from Polymarket’s open 2024 US Presidential Election market, which currently gives former President Donald Trump a 53% chance of victory, compared …

Mastercard Partners With European Payments Giant Mercuryo, Supporting Non-Custodial Crypto Wallets

Payments processing giant Mastercard is teaming up with a European counterpart to support non-custodial crypto wallets. In a new announcement, European payments firm Mercuryo says it’s teaming up with Mastercard to launch Spend, a crypto debit card that makes it convenient for customers to spend or cash out their digital assets. “In the context of …

This Factor Could Push Bitcoin and Ethereum to New All-Time Highs, Says Coin Bureau’s Guy Turner

The host of the Coin Bureau channel Guy Turner believes one factor could spark massive rallies for both Bitcoin (BTC) and Ethereum (ETH). Turner tells the 2.51 million subscribers of the Coin Bureau YouTube channel that increased institutional adoption of spot BTC and ETH exchanged traded funds (ETFs) could send the top two digital assets …

North Korea Deploying ‘Highly Tailored, Difficult-To-Detect’ Tactics To Steal Crypto From Businesses: FBI

North Korea has been running highly sophisticated social engineering schemes designed to crack the security measures of crypto and decentralized finance (DeFi) firms, according to the U.S. Federal Bureau of Investigation (FBI). A new FBI public service announcement indicates North Korean cyber criminals target specific employees at firms connected to crypto exchange-traded funds (ETFs). “Before …

New Mastercard crypto card lets users pay from self-custodial wallets

Mastercard has teamed up with crypto payment provider Mercuryo to launch a new debit card called “Spend” that allows users to make payments directly from their self-custodial wallets using digital assets, including Bitcoin. According to a Sept. 5 statement, Mercuryo explained that “Spend” is a multi-chain crypto card that connects directly to users’ wallets. This means …

DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum

Prominent crypto market maker DWF Labs has finalized the design of its synthetic stablecoin which would be backed by a mix of digital assets, including Bitcoin and Ethereum. In a Sept. 5 post on X (formerly Twitter), DWF Labs co-founder Andrei Grachev revealed that the synthetic stablecoin would be overcollateralized and backed with fiat stablecoins …

WazirX hacker launders $10 million through Tornado Cash

The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. In a Sept. 5 message to CryptoSlate, Cyvers reported that the hacker had begun moving assets the previous day. So far, …

Bitcoin drives Morgan Stanley fund’s strategy with key positions in IBIT and MicroStrategy

Quick Take According to a recent SEC filing, the Morgan Stanley Institutional Fund, Inc. – Counterpoint Global Portfolio reported total net assets of $10,042,729 as of June 30, 2024. The portfolio holds 216 different investments and has a portfolio turnover rate of 51% for the first half of the year. Among the portfolio’s top ten …

Monochrome pushes for Ethereum ETF on Cboe Australia

Monochrome Asset Management has filed to list an Ethereum exchange-traded fund (ETF) on Cboe Australia under the ticker IETH, as announced on Sept. 5. The ETF aims to offer retail investors a regulated way to gain exposure to Ethereum. It will also be a dual-access fund, allowing investors to request cash or in-kind redemptions. The …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version