Month: August 2024

5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election

by

Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November. He believes this action could end the “war on crypto” and make the … Read more

110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings

by

Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract … Read more

BDAG Surges Ahead as BNB Chain and NEAR Encounter Market Shifts

by

BNB Chain and NEAR Confront Market Challenges; BlockDAG Propels Forward With 1600% Price Increase BNB Chain is witnessing a sharp drop in value, while Near Protocol remains buoyed by strategic alliances, showing resilience amidst market volatility. In stark contrast, BlockDAG is making headlines by raising $66.7 million in its presale, which has resulted in a … Read more

Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling

by

Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case misapplied the law. Better Markets CEO on SEC Appeal Against Ripple Dennis … Read more

Goldman Sachs Lowers US Recession Risk to 20%

by

Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession may be further reduced to 15%, which … Read more

Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance

by

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and the Paraguayan justice system convicts an individual for energy theft crimes … Read more

You have not selected any currencies to display