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Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. For advertising enquiries please contact advertise@cointelegraph.com
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.
https://ct.com/cvzo
Amber Group calls for transparency after ZKX shutdown
The ZKX team’s shutdown serves as a reminder of the critical role that transparency and accountability play in the success and stability of cryptocurrency projects.
https://ct.com/cvz3
Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing
The two companies face antitrust probes in the US and EU over their partnership.
https://ct.com/cvyc
Crypto leaders, Harris campaign officials set for roundtable
The upcoming roundtable hosted by Ro Khanna represents a crucial opportunity for the cryptocurrency industry to influence the policy direction of the next administration.
https://ct.com/cvur
The volume of Bitcoin moved by whales from exchanges has reached a 9-year high, with 84,000 BTC added by these large holders in July alone, despite ongoing market volatility based on the data from Glassnode.
This represents the fastest pace of Bitcoin movement from exchanges since 2015, drawing parallels to a period when BTC price bottomed around $220.
Is this a bullish signal for Bitcoin? 🧐
🔥 - Super bullish!
👎 - Not bullish
🗞 Missed the news? Here's what's happened over the last 24 hours!
💰 MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
🥷 DeFi protocol removed an important line of code that led to a $212K hack
📈 Ethereum ETF flows flip positive even as ETHE total outflows top $2B
❌ 98.6% of memecoins on pumpdotfun fail to even launch.
📉 Ethereum is facing bearish signals, with its price dipping below the key 200-day moving average.
🚨 The FBI has issued a warning about scammers impersonating crypto exchange employees to steal funds.
🔍 What would you do if you turned $8,500 into $800,000 in just one hour?
🎙️ Decentralized: Unpacking the Crypto Rollercoaster with Andrew Chow
🌚 Bitcoin is entering a historically challenging period in Q3, with August and September often seeing weaker performance.
🚨 Global recession concerns wipe out $2.9 trillion from stocks, marking the worst day since the 2020 COVID crash.
Bitcoin is entering a historically challenging period in Q3, with August and September often seeing weaker performance.
The recent 6% drop in Japan’s Nikkei, mirroring “Black Monday” 1987, adds to global market concerns.
Will $BTC stay strong or take a hit?
👍 - Stay Strong!
👎 - Take a Hit!
🎙️ Decentralized: Unpacking the Crypto Rollercoaster with Andrew Chow
Join us as we dive into the highs and lows of the industry with TIME magazine journalist Andrew Chow, author of Cryptomania.
Discover the origins of crypto, the hype cycles, and the dramatic collapse of FTX.
🎧 Listen now on Spotify, Apple Podcasts, or Cointelegraph’s podcast page!
🚨 The FBI has issued a warning about scammers impersonating crypto exchange employees to steal funds.
These fraudsters are contacting users, claiming urgent account issues to trick them into revealing personal information or clicking malicious links.
❌ 98.6% of memecoins on pumpdotfun fail to even launch.
Since May, the percentage of pumpdotfun memecoins making it onto Solana-based DEX Raydium has stayed between 1.21% and 1.41%, according to Dune Analytics data.
Are you still investing in memecoins?
❤️ - Yes
⚡️ - No
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
👉 Read More
🗞 Missed the news? Here's what's happened over the last 24 hours!
👟 Trump’s Bitcoin Sneakers on eBay for $2,500
📉 Bitwise: 'Not Bullish Enough' on Crypto
🕵️♂️ Hackers Stole $266M from Crypto in July
💸 Will $100M BTC Support Prevent Drop to $61K?
💵 OpenEden Launches Tokenized T-Bills on XRP Ledger
🎮 Notcoin to Launch Web3 Game with Lost Dogs and Getgems
📊 Crypto.com Surpasses Coinbase in Trading Volume
🇺🇸 Is the US Preparing a Game-Changing Bitcoin Move?
🌐 Hong Kong Broker Offers Bitcoin, Ether Trading to 22M Users
📈 JUST IN: Crypto.com surpasses Coinbase in trading volume as institutional demand grows
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs.
🎙️ Is the US about to make a game-changing move in Bitcoin?
Senator Cynthia Lummis has introduced a historic Bitcoin Strategic Reserve bill, aiming to secure 1 million Bitcoin under the US Treasury.
Discover how this bold proposal could reshape the future of Bitcoin and tackle rising inflation and national debt.
Listen now! 🎧
🧐 Will $100M BTC price support help Bitcoin avoid a drop to $61K?
Bitcoin is experiencing intense order book activity as bulls strive to avoid a dip to $61,000. Current support around $63,300 holds nearly $100 million in orders. This could be a strategic move to drive prices higher.
Analysts observe significant liquidity below $63,400, potentially fueling a rebound.
Prosecutor demands jail for Crypto.com user who received $6.8M by mistake
Australian prosecutors argue that imprisonment should remain a strong possibility for the Crypto.com user who received millions because of an internal error.
👉 Read more
Ether’s price clings 'crucial area,' drop below $2.8K looming
Cryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well.
👉 Read more
Crypto community slams WazirX’s 'socialized losses' plan after hack
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.
https://ct.com/cvvc
Sen Lummis bill gains swift support with 2,200 letters sent
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking.
https://ct.com/cvui
Dogwifhat open interest declines 28% amid fears of a $1.50 'likely retest'
Crypto traders claim that Dogwifhat will "likely retest" the critical support level as its price and open interest have both plummeted since July 27.
👉 Read more
🚨 Global recession concerns wipe out $2.9 trillion from stocks, marking the worst day since the 2020 COVID crash.
Meanwhile, the Nasdaq 100 is down over 10% from its peak. 📉
Vitalik has a girlfriend now... $ETH to $10k?
🔥 - YESSSSS!
🔍 What would you do if you turned $8,500 into $800,000 in just one hour?
That’s exactly what happened with a Solana memecoin trade that has everyone talking.
Join us on this week’s Rise’n’Crypto as we dive into this jaw-dropping trade flagged by Lookonchain.
Listen now!
📉 Ethereum is facing bearish signals, with its price dipping below the key 200-day moving average.
Despite a $26.7 million inflow on Aug. 1, from spot Ethereum ETFs, ETH has declined 10% since their approval.
Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $26.7 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
👉 Read More
MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
👉 Read More
🇭🇰 JUST IN: Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users.
Читать полностью…
NEW: Notcoin, in collaboration with NFT collection Lost Dogs and TON-based NFT marketplace Getgems, is set to launch a story-driven Web3 game.
This marks a shift from their previous tap-to-earn model to a more sustainable and engaging ecosystem.
Are you bullish on Notcoin?
👍 - Yes
👎 - No
💰 Ripple has invested $10 million in OpenEden’s initiative to bring tokenized U.S. Treasury bills (T-bills) to the XRP Ledger, marking a significant advancement for traditional finance (TradFi) on a decentralized platform.
This move underscores the growing trend of tokenizing real-world assets (RWAs) to drive institutional access to decentralized finance. 🚀
🥷 In July, hackers stole $266 million from the crypto ecosystem through 16 attacks.
Indian exchange WazirX was the hardest hit, losing over $230 million to North Korean hackers. Other notable victims included Compound Finance ($24M), Li.Fi Protocol ($10M), Bittensor, and Rho Markets ($8M each).
Most stolen funds were moved to Tornado Cash to evade detection. 🧐
