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SEC and Ideanomics settle crypto revenue reporting fraud charges
The United States Securities and Exchange Commission (SEC) has settled fraud charges with electric vehicle company Ideanomics over financial reporting and “misleading the public about the company’s performance.”
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Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.
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Signs you’ve been in crypto too long: Surviving 4 bull markets without hitting millionaire status, buying Taco Tuesday but YOLOing $20K into memecoins, and still wondering if Satoshi is the CIA.
👉 Read all 10 signs and find out if it’s about you!
Charles Hoskinson, co-founder of Cardano, warns that while making Bitcoin a US reserve asset could boost its price, it also poses significant centralization risks.
Presidential candidate Robert F. Kennedy Jr. recently suggested the US Treasury buy 4 million BTC, representing 19% of Bitcoin's supply.
Hoskinson cautions that such a move could give the US geopolitical influence over Bitcoin, potentially undermining its decentralized nature.
Are you in favor of the US making Bitcoin a reserve asset, or do you think it poses too many risks to its decentralized nature?
👍 - In favor
🌚 - Too many risks
🎙️ Is GameFi evolving or fading away?
Join us on Decentralize as we explore the state of GameFi in 2024 with Ash Hodgetts, CMO of Undeads.
Are clicker games like Hamster Kombat and Notcoin the future? What role do player communities play now?
Listen now! 🎧
[Collaboration]
💎 JUST IN: TON users now have free access to over 60 advanced analytics indicators through a partnership with IntoTheBlock (ITB).
This integration enhances transparency and provides valuable insights into the TON ecosystem, boosting user engagement and network growth.
Debate rages over Bitcoin power law as critics label it a ‘magic trick’
The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
🧐 Lookonchain has deleted an X post that suggested Plus Token had begun moving nearly $2 billion in ETH
📈 Bitcoin whale txs hit highest levels in 4 months amid crypto dip
💎 Binance will list Toncoin ($TON) and open trading for the following spot trading pairs
🇺🇸 Harris has surpassed Trump on Polymarket 👀
🧐 The NYSE American has asked the SEC for approval for it to list and trade options for three Ether ETFs from Bitwise and Grayscale.
⚡️ The Brazilian Securities and Exchange Commission has approved the launch of the first Solana spot ETF in Brazil and worldwide.
🎙️ Ripple’s Big Win!
🚀 Robinhood's Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities.
🐹 Hamster Kombat has revealed more details about its upcoming airdrop, which could be “the largest in crypto history.”
🚨 FTX and Alameda Settle $12.7B with CFTC!
🚨 FTX and Alameda Settle $12.7B with CFTC!
A New York judge has approved a $12.7 billion settlement between FTX, Alameda Research, and the CFTC, ending a 20-month lawsuit. The entire amount will be paid back to FTX creditors, with no additional penalties imposed.
Creditors are voting on their payout preference, with final decisions expected by October 7.
🚀 Robinhood's Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities.
Despite a dip in user activity and a 27% drop in total trades, Robinhood's crypto assets under custody rose by 57%.
The firm is also set to acquire crypto exchange Bitstamp and expand its AI capabilities with the acquisition of Pluto Capital. 📈
Robinhood (HOOD) stock fell 0.52% to $17.12 on Aug. 7 but is up 2.86% since the firm’s Q2 results came out in after-hours trading
⚡️ The Brazilian Securities and Exchange Commission has approved the launch of the first Solana spot ETF in Brazil and worldwide.
This will be one of the few Solana-based exchange-traded products (ETPs) in the world.
🇺🇸 Harris has surpassed Trump on Polymarket 👀
Who would you vote for?
🔥 - Harris
🐳 - Trump
Bitcoin whale txs hit highest levels in 4 months amid crypto dip
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.”
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🚀 Solana hits a new all-time high against Ethereum! 🚀
Solana's price surged to a new peak of 0.06211 $ETH on August 7, entering price discovery.
Analysts suggest that if $SOL can flip $148 into support, a rally to $200 is possible. Traders are optimistic, pointing to bullish patterns on various charts.
$SOL has outperformed major cryptocurrencies, gaining over 15% against Bitcoin since early August. However, it must secure $148 as support to avoid a potential drop below $100.
Will Solana hit $200 next? Share your thoughts! 💬
👉 Read more
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
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🗞 Missed the news? Here's what's happened over the last 24 hours!
🥷 ‘Dark Skippy’ method can steal Bitcoin hardware wallet keys
🧐 Debate rages over Bitcoin power law as critics label it a ‘magic trick’
🇺🇸 The Donald Trump-themed cryptocurrency "Restore the Republic" (RTR) dropped by 95% after Eric Trump denied any connection to the token.
💎 JUST IN: TON users now have free access to over 60 advanced analytics indicators through a partnership with IntoTheBlock (ITB).
💪🏼 Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team.
🎙️ Is GameFi evolving or fading away?
🎙️ Is Donald Trump Jr. the new face of DeFi?
🗣️ Charles Hoskinson, co-founder of Cardano, warns that while making Bitcoin a US reserve asset could boost its price, it also poses significant centralization risks.
💸 Vitalik Buterin recently transferred $8 million worth of Ether to a new multisignature wallet, sparking speculation of a potential donation.
⏳ 10 signs you’ve been in the crypto industry too long
Vitalik Buterin, Ethereum's co-founder, recently transferred $8 million worth of Ether to a new multisignature wallet, sparking speculation of a potential donation.
Buterin has a history of making significant crypto donations, including a $1.2 billion gift to the Indian Covid-Crypto Relief Fund in 2021.
🎙️ Is Donald Trump Jr. the new face of DeFi?
In this episode of Rise’n’Crypto, we break down his plan to launch a crypto platform designed to challenge the traditional banking system.
Tune in and get the inside scoop! 🎧
Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team.
Despite its small size, Tether remains a financial powerhouse, generating $5.2 billion in profits in the first half of 2024.
The company continues to enhance monitoring tools to prevent illicit activity involving its USDT stablecoin, which now commands nearly 70% of the stablecoin market with a $115 billion supply.
🇺🇸 The Donald Trump-themed cryptocurrency "Restore the Republic" (RTR) dropped by 95% after Eric Trump denied any connection to the token.
The token initially surged to $0.1490 after a post from Students for Trump chair Ryan Fournier suggested it was official.
However, the price plummeted following Eric Trump's denial, leaving RTR trading at around $0.0091.
‘Dark Skippy’ method can steal Bitcoin hardware wallet keys
Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a person’s seed words.
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🇺🇸 JUST IN: Donald Trump claims the US could be in for a depression:
"We can be on the throws of a depression, not recession, depression"Читать полностью…
💎 $TON is up 15% today following its listing on Binance.
Читать полностью…
Hamster Kombat has revealed more details about its upcoming airdrop, which could be “the largest in crypto history.”
The game, which recently surpassed 300 million players, updated its Telegram mini-app to show that all in-game activities will contribute to airdrop points.
Their team said that “60% of the $HMSTR token airdrop will go to players. The game aims to onboard the next billion users to Web3.”
🎙️ Ripple’s Big Win!
On Aug. 7, a judge ordered Ripple Labs to pay $125 million, officially ending the SEC’s lawsuit.
XRP’s price soared 26% in just hours!
In this episode, we’ll cover:
🔍 The SEC’s ruling and its impact.
🚀 Why XRP is flying high.
💬 Key reactions from Ripple’s top execs.
Catch all the hot takes on Rise’n’Crypto! 🎧
🧐 JUST IN: The NYSE American has asked the SEC for approval for it to list and trade options for three Ether ETFs from Bitwise and Grayscale.
Читать полностью…
💎 NEW: Binance will list Toncoin ($TON) and open trading for the following spot trading pairs at 2024-08-08 10:00 (UTC).
New Spot Trading Pairs: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY.
Is this BULLISH for $TON?
👍 - YES
👎 - NO
Lookonchain: Erm, actually the $2B of ETH was sold back in 2021
Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.
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🚨 Bitcoin Volatility at 20-Month High 🚨️️
Bitcoin’s volatility has surged to levels not seen since the FTX collapse, sparking speculation about a potential drop into the low $40,000s. Meanwhile, new tokens listed on Binance in 2024 are seeing significant losses. 📉
The SOL/ETH ratio has reached a new all-time high, and crypto PACs are making major investments in the upcoming US elections. 📊
What’s driving these market trends, and what can we expect next? Get the latest insights on these developments and more on today’s Rise’n’Crypto podcast.
Don’t miss it!