Decentralized finance is growing up, how DeFi is becoming ‘NewFi’
Traditional institutional giants like BlackRock, which has $10.6 trillion under management, have entered the cryptocurrency space. Go to Source
Month: July 2024
Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry
Bullish Bitcoin options traders expect a hefty profit from Friday’s expiry now that Germany and Mt. Gox wallets have been emptied Go to Source
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s total deposits. Affected Customers’ Deposits Less Than 1% of Mercury’s Mercury Bank, … Read more
Ethereum ETFs start strong but lag epic Bitcoin ETF launch: analysts
Analysts worry ETH will prove a harder sell than BTC to traditional investors. Go to Source
Pixelverse sends tokens to NFT holders, ApeCoin holders mull hotel proposal: Nifty Newsletter
An ApeCoin DAO member proposed the renovation of an existing hotel in Bangkok, Thailand, with Bored Ape Yacht Club NFT collection as its theme. Go to Source
Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding this launch, highlighting key factors investors may want to consider. Cryptoquant Analysis Explores Implications … Read more
Bitstamp will begin Mt. Gox creditor repayments on July 25
After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed. Go to Source
Ethereum’s future rests on 10,000 blockchains
Ethereum layer-2s are proliferating, which means Ethereum will start looking like a much better prospect for new projects in the year ahead. Go to Source
Crypto think tank launches voting project to support ‘right candidates’
The Digital Future project did not endorse specific candidates or political parties, but its CEO ran as a Republican in a 2022 congressional campaign associated with FTX. Go to Source
Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible. Go to Source