Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more
The German government has moved $80 million worth of BTC to an unknown wallet; Vitalik Buterin donates 100 ETH to make Ethereum “great again,” and more. Go to Source
Month: July 2024
$1M bug bounty for Solana Firedancer client goes live this week
Firedancer is a highly anticipated new validator client for the Solana blockchain and its creator is calling on devs to look high and low for any critical bugs. Go to Source
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when prioritizing users’ needs over political interests. Crypto Emerges as a Key Election … Read more
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal) bitcoin mining operators, and how this might make the country lose millions of dollars as miners … Read more
Celebrity crypto tokens will ‘absolutely’ catch SEC’s eye: Lawyers
Celebrities who have brazenly shilled their own memecoins on X in recent months run a high risk of attracting the attention of the SEC and class action lawyers. Go to Source
Binance’s Latest Proof of Reserves Shows Growth In User Assets Amid Significant Ethereum Transactions
On July 1, Binance released its 20th proof of reserves, showing a significant increase in user assets. User BTC holdings have risen by 4.01% since June 1, reaching 605,637 BTC. Similarly, user ETH assets saw a 1.01% increase, totaling 4.711 million ETH. However, user USDT assets experienced a decline of 2.54%, dropping to 21.51 billion … Read more
Bitcoin Market Volatility Sparks Fear Amid Massive Exchange Inflows
Just two weeks ago, the crypto market was marked by extreme greed. Now, it’s gripped by fear. Just two weeks ago, the #crypto market was all about extreme greed. Now it’s gripped by fear. pic.twitter.com/0mwTGdaWkK — Ali (@ali_charts) July 5, 2024 This week, nearly 30,000 BTC, valued at $1.73 billion, entered exchanges, suggesting panic selling … Read more
LUNC Staking Hits All-Time High, Signaling Strong Community Confidence
Terra Luna Classic (LUNC) staking has reached an all-time high, with over 1 trillion tokens now staked. This milestone drives the staking ratio to an impressive 15.01%, reflecting growing community participation and confidence in the network. The high staking rates and reduced supply are fueling optimism for potential price appreciation. When a significant portion of … Read more
Polkadot’s Ecosystem Thrives Amid Market Downturns
Despite the broader market downturns, Polkadot’s ecosystem continues to show robust growth and resilience. In June, the number of transactions on the network surged by 33%, reaching 16 million. The total number of unique addresses has now surpassed 7 million, highlighting the expanding user base and increased network activity. Polkadot’s treasury currently holds an impressive … Read more
Unveiling Moving Averages: Essential Tools for Bitcoin Trading
Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages leveraged in bitcoin trading, highlighting their significance and utility in the crypto market. The History … Read more
