Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations. Go to Source
Month: July 2024
Democrats have ‘huge opportunity’ to win back the crypto vote
The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X. Go to Source
ApeCoin holders mull proposal for Bored Ape-themed hotel in Bangkok
A member of the ApeCoin DAO is asking for $356,000 to renovate a portion of a hotel in downtown Bangkok with Bored Ape Yacht Club trademarks. Go to Source
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has … Read more
Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal
On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be … Read more
Biden family memecoins tank 60% after Biden exits presidential race
Memecoins linked to Joe, Jill, and Hunter Biden tanked more than 60% while a memecoin tied to US Vice President Kamala Harris rallied 133% before cooling off. Go to Source
Australian stablecoin startup Stables expands to Europe and UK
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream. Go to Source
Robert Kiyosaki: Real Estate Markets Crashing, Time to Make Money in Your Sleep
Rich Dad Poor Dad author Robert Kiyosaki predicts a major opportunity for wealth accumulation as real estate markets crash. “The time to make money in your sleep is arriving now,” he stressed, adding that his Rich Dad has taught him, “If you don’t learn how to make money in your sleep… you’ll never be rich.” … Read more
Trump’s RNC speech gave tech enthusiasts hope for the future
Residents of Silicon Valley have been boarding the Trump train, and Trump’s speech at the RNC illustrated some of the reasons. Go to Source
New Virtual Asset Protection Act Takes Effect in South Korea
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations, it became evident that further measures were necessary to combat unfair … Read more