Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July. Go to Source
Month: August 2024
Trader makes $800K an hour after putting $8.5K on a Solana memecoin
While one X user described the trader as a memecoin hunter, others alleged that the trader had insider information. Go to Source
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 … Read more
Hashing It Out: The era of decentralized physical infrastructure networks
In this episode of Hashing It Out by Cointelegraph, host Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs). Go to Source
UQUID Integrates USDT on TRON for Seamless Public Transport Payments in Argentina
PRESS RELEASE. Buenos Aires, Argentina – August 1st, 2024 – UQUID, a pioneer in Web3 shopping platforms, has introduced a new feature allowing users to top up their SUBE cards using USDT on the TRON blockchain. This new functionality aims to streamline how Argentine commuters manage their public transportation expenses, leveraging cryptocurrency for everyday transactions. … Read more
Casper Network back online following security incident halt
The incident highlights the importance of maintaining awareness and taking proactive steps in the continuously evolving landscape of blockchain technology. Go to Source
Can Bitcoin price break out after Bank of England interest rate cut?
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020. Go to Source
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement cash and existing payment systems, serving both wholesale and … Read more
Polymarket founder hints at potential fees in the future
Polymarket might add fees to its platform in the future, but it is currently focused on growing the marketplace, according to the CEO. Go to Source
Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold. Go to Source