Share: Galaxy Digital CEO Mike Novogratz has lauded BlackRock executive Larry Fink for his recent assertions on Fox Business. Fink finally endorsed Bitcoin after his long-standing skepticism on July 6, terming it an “international asset.” According … [Continue reading]
Optimism price rises 6% after 24.16 million OP tokens unlocked with investors anticipating immediate delivery
Share: Optimism price is up 6% after the July 30 event, where 24.16 million tokens were unlocked. The rally follows strong buyer influx of 93.47K addresses that bought 655.56 million OP tokens at an average price of $1.49. The move could be … [Continue reading]
Litecoin trading volume rises 50% to $5 million in the final countdown to LTC halving
Share: Litecoin halving event is due on August 4, barely four days out, with investors monitoring the countdown. The event will drop mining rewards by 50%, from 12.5 to 6.25 LTC per block. The altcoin is up 5% with a 24-hour trading volume increase … [Continue reading]
Trading bots feted as UniBot on-chain volume nears 10 million in 24 hours
Share: Telegram trading bots are going mainstream, taking over from where the meme coin mania left off. UniBot champions the pressing Telegram bot narrative as the leading contender, with on-chain volume nearing 10 million in 24 hours. Analysts say … [Continue reading]
Japan Blockchain Association submits crypto tax reform request as firms express interest in the country
Share: Japan Blockchain Association has submitted a crypto asset tax reform request to the government, seeking a web3-friendly environment. The proposal seeks to eliminate income tax on profits when exchanging crypto assets. The move comes as … [Continue reading]
zkSync Era revenue aggregator protocol Kannagi Finance has reportedly rug pulled over $2 million
Share: A Peckshield report has indicated that Kannagi Finance has rug pulled, making away with up to $2.13 million in investor funds. The platform runs o the zkSync Era, which is in the race for the best Ethereum Layer 2 network. The network has … [Continue reading]
Crypto clampdown to intensify as US Senator Elizabeth Warren finds new ally in Wall Street Banks
Share: Wall Street Banks and Senator Elizabeth Warren have found common ground around crypto clampdown. A bank she is known to attack has endorsed Warren’s July 28 bill for more stringent rules on crypto with a focus on AML and terrorism … [Continue reading]
Shiba Inu price along with BONE rally as Shibarium-Ethereum bridge testnet kicks off
Share: Shiba Inu price as well as Bone ShibaSwap price shot up by 5% and 8%, respectively, in the last 24 hours. The Testnet bridge will allow the transfer of tokens between Ethereum and SHIB-based layer-2 chain Shibarium. This bullish move may … [Continue reading]
White House forecasts increase in CPI inflation for 2023 & 2024; Good news for Bitcoin price?
Share: The White House updated its forecast for CPI inflation from 3.0% to 3.3% for 2023 and 2.5% from 2.3% for 2024. Back in March, the White House stated that the 2.3% CPI-U target was consistent with the Federal Reserve’s 2.0% PCE target. Crypto … [Continue reading]
US Department of Justice demands FTX founder Sam Bankman-Fried be jailed until October trial
Share: The US Department of Justice highlighted Sam Bankman-Fried’s attempts at influencing witness testimony using his bail freedom. Earlier this week, prosecutors moved to revoke the FTX founder’s bail, to which Bankman-Fried’s lawyers have until … [Continue reading]