Month: July 2024

Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe

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Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto exchanges, including Binance and Coinbase, through the Conio app, and seamlessly transfer bitcoin purchases directly into their Conio wallets. By … Read more

SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions

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The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate Bank, and its former executives for misleading investors and failing to monitor significant transactions. Silvergate has agreed to pay penalties without … Read more

BlockDAG vs. Bitcoin & Bittensor: Best Long-Term Investment Choice

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Bitcoin & Bittensor Under Pressure: BlockDAG’s $55.2M Presale Shows Promise for Long-Term Gains The cryptocurrency market has traders on edge with a persistent drop in prices. Bitcoin faces heavy selling pressure due to ETF outflows, upcoming Mt. Gox bankruptcy redemptions, and increased miner sales. Similarly, Bittensor and other AI-focused cryptocurrencies are seeing a temporary decline … Read more

Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August

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Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining year-end and 2025 targets of $150,000 and $200,000, respectively. Bitcoin Surge Predicted Amid US Presidential Race Standard … Read more

Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control Congress

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Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election According to Prediction Markets The Polygon-powered prediction … Read more

BlockDAG’s Record-Breaking $55.2M Presale Outshines UNI & Aevo’s Downturn

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BlockDAG Rakes in $55.2M: Presale Triumph or Investor Hype? Uniswap & Aevo’s Fate Hangs in Balance The cryptocurrency market is currently experiencing significant volatility, with notable changes in major cryptocurrencies like Uniswap, which are seeing substantial declines. Aevo, too, has experienced a significant drop in value over the last three months, struggling to hold its … Read more

DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service

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The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management and disposal of seized cryptocurrencies, ensuring professional and lawful handling. Coinbase Wins $32M Contract With US Marshals Service Crypto exchange Coinbase … Read more