News
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Omni Network (OMNI) Price Soars 276% Following Upbit Listing
Omni Network (OMNI) has surged 276% to approximately $5 since its listing on Upbit, South Korea's leading exchange. The launch has attracted...

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ATOM Rises 3.40% as Cosmos Ecosystem Gains Momentum
Technical Analysis Shows Strong Bullish Momentum
On August 7, ATOM experienced volatile trading between 13:06 and 14:05. The price increased...

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SharpLink Raises $200 Million to Increase Ether Holdings Over $2 Billion
SharpLink Gaming (SBET), a Nasdaq-listed firm, has raised $200 million to increase its ether (ETH) holdings beyond $2 billion. Key details include:
...

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NEAR Protocol Records 5% Gain Amid Market Volatility
NEAR Protocol Market Update
NEAR Protocol rose 5% from $2.47 to $2.60 on 7 August by 14:00 UTC.
Strong institutional accumulation supported a...

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Bitcoin Struggles Below $116K Resistance as Selling Pressure Mounts
Bitcoin has lost the crucial $115,000 support level, leading to increased selling pressure and a shift in investor sentiment towards concern about a...

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ONDO and FLOKI Prices Surge 8% Following Robinhood Listing
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PEPE Price Surges 5% Amid Whale Accumulation and Rate-Cut Expectations
Memecoin PEPE has increased over 5% in the last 24 hours, breaking above a recent resistance level due to high trading volume.
The upward trend is...

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World Liberty Financial Launches Loyalty Program for USD1 Stablecoin Holders
The World Liberty Financial (WLFI) project is set to launch a loyalty program for holders of the USD1 stablecoin, initially targeting selected...
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DOT Price Rises 4% as Institutional Buying Increases
Polkadot's DOT increased by 4% in 24 hours, rising from $3.65 to $3.80 due to institutional buying, as reported by CoinDesk Research. Key points...

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USDC Becomes Leading Choice for Crypto Payroll, Survey Shows
A notable increase in crypto payroll is observed, with 9.6% of surveyed workers receiving part of their salary in digital tokens in 2024, up from 3%...

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Crypto for Advisors Explores Flywheel Effect Driving Current Market Rally
The latest issue of Crypto for Advisors highlights the flywheel effect in crypto markets, as described by Alex Tapscott. This effect illustrates...

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NYDFS Imposes $26.5 Million Fine on Paxos for Compliance Failures
New York's financial regulator has fined Paxos $26.5 million for compliance failures in its anti-money laundering programs, notably related to its...

BNB Price Peaks at $778 Before Retracing Amid Corporate Adoption
BNB is currently priced around $776 after a 1.3% increase over the past 24 hours, following a sharp rally earlier that reached a local high of $778....

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XRP Faces Selling Pressure as Whale Distribution Resurfaces
XRP Faces Selling Pressure After Recent Highs
XRP is experiencing selling pressure following a peak at $3.10 in late July. Key points include:
...

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ProShares Launches Ultra CRCL ETF to Double Daily Returns of Circle Stock
ProShares has launched the ProShares Ultra CRCL ETF (CRCA), designed to double the daily performance of Circle's stock. The ETF started trading...

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Bitcoin's 30-Day Implied Volatility Drops to 36.11%
Bitcoin's volatility has reached its lowest level since September 2023, with the 30-day implied volatility falling to 36.11%. This trend suggests a...

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CoinDesk 20 Index Rises 2.4% with SUI Leading at 6.3%
The CoinDesk 20 Index shows the following updates:
Current trading value: 3923.39, up 2.4% (+92.5) since Wednesday 4 p.m. ET
All 20 assets are...

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Ethereum ETFs Experience Record Outflows as ETH Price Faces $3,000 Test
Recent outflows from Spot Ethereum ETFs have reached $465.06 million, marking the largest since their inception, contributing to bearish...

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Chainlink Introduces On-Chain Reserve to Support LINK Token Demand
Chainlink has introduced the Chainlink Reserve, aimed at channeling enterprise demand into its LINK token. Key points include:
The reserve...

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JPMorgan Reports Continued Underperformance in DeFi and Tokenization Growth
JPMorgan's Nikolaos Panigirtzoglou reported that decentralized finance (DeFi) and asset tokenization are experiencing slow growth post-2022 crypto...

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OMNI Token Surges 25% Following 770% Increase in Trading Volume
OMNI Network (#OMNI) Overview
OMNI's price increased by 25% in 24 hours, reaching $5.35 before settling at $4.83.
The token's trading volume...

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Ripple Acquires Stablecoin Payments Platform Rail for $200 Million
Ripple is acquiring Rail, a stablecoin payments platform, for $200 million. The transaction is expected to close in Q4 2023.
Key points:
Rail is...

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James Howells Confirms Plans to Tokenize Lost Bitcoin into Ceiniog Coin
James Howells, who lost access to 8,000 Bitcoin in a landfill in 2013, has clarified his intentions regarding the recovery of his assets. He denied...

Tether Invests €30 Million in Spanish Crypto Exchange Bit2Me
Tether has acquired a minority stake in Spanish crypto exchange Bit2Me, leading a €30 million (approximately $35 million) investment round aimed at...

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XRP ETF Approval Odds Fall to 62% After SEC Commissioner Opposes Crypto ETFs
The likelihood of approval for spot XRP ETFs has decreased to 62% from 86% following U.S. SEC Commissioner Caroline Crenshaw's opposition to crypto...

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Aave Protocol Experiences Phishing Attack Following $60 Billion Deposit Achievement
Decentralized liquidity protocol Aave has experienced a phishing attack shortly after announcing over $60 billion in net deposits.
Phishing Attack...
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Salomon Brothers Completes Notification Process for Abandoned Crypto Wallets
The revived Salomon Brothers has finished inserting OP_Return notices into potentially abandoned bitcoin (BTC) wallets to protect them from misuse...

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Bitcoin Reaches $116,430 Amid Bullish Market Sentiment
Bitcoin (BTC) reached $116,430, its highest this month, supported by renewed demand for risk assets following disappointing jobs market data. The...

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Bitcoin Price Declines to $115,000 Amid Low-Liquidity Conditions
Bitcoin has entered a market indecision phase after peaking above $123,000 in July. Currently, it is priced at approximately $115,000, down about 3%...

Trump to Sign Order Allowing Crypto in 401(k)s
U.S. President Donald Trump plans to sign an executive order allowing cryptocurrency, private equity, and real estate in 401(k) plans. This...
