Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world’s second-largest cryptocurrency. Go to Source
Month: August 2024
California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies. Go to Source
Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. … Read more
Toncoin’s BARR breakout sets stage for 40% TON price rally
TON’s upside setup is reinforced by its inverse head-and-shoulders pattern and key catalysts like the Binance listing. Go to Source
UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates. Go to Source
Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining … Read more
Tether expands USDT to Aptos blockchain for lower fees
Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees. Go to Source
A return to $50K? 5 Things to know in Bitcoin this week
BTC price performance is getting Bitcoin traders ready for a retest of lower support levels in the short term. Go to Source
US mulls applying fiat reporting mandate on crypto transfers
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements. Go to Source
South Korean crypto exchange employees out-earn staff at major banks
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase. Go to Source