Bitcoin stagnates as bearish headwinds continue to blow
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops. Go to Source
Month: August 2024
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi protocols. Chaos … Read more
‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. Go to Source
BlockDAG’s Enticing Bonuses | Uniswap Traders’ Struggles | XRP Updates
Crypto Whales Flock to BlockDAG as Batch 21 End Nears; Uniswap Traders’ Face Challenges and Ripple’s Plans RLUSD Uniswap traders are facing tough times as UNI, the platform’s native token, fell by 22% last month driven by market instability. Meanwhile, Ripple’s RLUSD stablecoin launch in 2024 is generating buzz, but there’s concern it could lead … Read more
Ethereum traders say ETH price at risk of a deeper correction to $1.6K
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600. Go to Source
Public miners raised $2.2B as cash flow crunch intensifies post-halving
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024. Go to Source
Study: Crypto and Bitcoin Lead as Reddit’s Most Mentioned Words in Investment Forums
A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment subreddits on Reddit, uncovering distinct trends in how different communities discuss stocks, crypto assets, and precious metals. The findings highlight the unique culture of each subreddit, reflecting the diverse moods and attitudes of online investors. Reddit … Read more
Circle proposes new capital-risk framework for Stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto Assets regulatory framework. Go to Source
Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price control failures seen in countries like Venezuela, Bolivia, and Argentina, Harris’s … Read more
BlockDAG’s CEO Speaks on Market Dynamics, as Kaspa’s Peak,& ETH Challenges
BlockDAG Holders Go All in as Batch 21 Ends; Kaspa Hits New ATH & Ethereum Price Stumbles Kaspa’s attainment of a new all-time high has sparked widespread discussions regarding its future trajectory in the crypto market. Concurrently, Ethereum’s struggle to maintain a stable price above the $3,000 mark has introduced a sense of uncertainty and … Read more