In recent news, the emergence of advocacy groups such as “Crypto for Harris” has taken the political landscape by storm. These groups are aiming to influence the upcoming presidential election by promoting cryptocurrencies and blockchain technology through fundraising initiatives and virtual town hall meetings. Notable figures such as Mark Cuban and Anthony Scaramucci have thrown
Crypto
Brazil’s Securities and Exchange Commission (CVM) has recently made headlines by approving the country’s first Solana-based exchange-traded fund (ETF). This approval, which was granted on August 7, marks a significant milestone for Brazil and positions the country ahead of others in the global market. The ETF, created by QR Asset and managed by Vortx, is
XRP has recently shown a significant decoupling from the broader crypto market, showcasing impressive gains in the face of overall market struggles. The digital asset experienced a notable price surge of nearly 20% in the past day, reaching a high of $0.64 before retracing slightly to $0.61. This surge has resulted in XRP posting a
In a landmark decision, United States District Judge Peter Castel has officially approved a $12.7 billion settlement between the bankrupt cryptocurrency exchange FTX and its affiliate Alameda Research. The settlement, part of an agreement with the United States Commodity Futures Trading Commission (CFTC), marks the end of a lengthy 20-month lawsuit initiated by the regulatory
The Benzinga crypto analyst Armando Pantoja recently made a bold prediction that the price of Shiba Inu will reach $0.001. This forecast has generated excitement among investors, especially those who are holding onto SHIB tokens. However, it is important to note that the crypto market is highly volatile and unpredictable. While Shiba Inu has seen
Recently, Nexera, a decentralized finance (DeFi) protocol, fell victim to a smart contract security breach resulting in the loss of $1.5 million worth of NXRA tokens. This breach had a significant impact on the value of the protocol’s native token, causing it to plummet by over 40%. The Cybersecurity Firm Alert The exploit was first
The CEO of CryptoQuant, Ki Young Ju, has made a bold prediction regarding Bitcoin’s potential to surpass its all-time high if its price remains above $45,000. Despite some uncertainty in the broader financial markets, Ju remains optimistic about the future of the cryptocurrency market. He warns that the market is still vulnerable and that a
Bitcoin whales have been actively accumulating significant amounts of the cryptocurrency over the past month during the market slump. On-chain activity has revealed that over 404,448 BTC, valued at approximately $22.8 billion, has been moved to permanent holder addresses in the last 30 days. This surge in movement has raised eyebrows in the crypto community,
Shiba Inu (SHIB) has shown remarkable resilience in the cryptocurrency market, with a 20% surge on August 6. Despite a 18% decline on a weekly scale, SHIB’s price is around $0.00001359 – a significant improvement. The ecosystem of Shiba Inu has witnessed a surge in important indicators such as transaction volume and burn rate, signaling
The spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have seen a significant increase in daily trading volume, surpassing $5 billion on August 5th. This surge in trading volume marks the first time since mid-April that such high numbers have been reached. Contributors to Trading Volume According to DefiLlama data, BlackRock’s IBIT ETF
