Money & Crypto News

19 Aug 2024 23:51

75% of Bitcoin have not moved in the past 6+ months 💎

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19 Aug 2024 21:22

Barclays expects Fed Chair Powell to discuss the impact of rate hikes on inflation at Jackson Hole, hinting at a possible September rate cut if the labor market weakens, while stressing decisions will be data-driven.

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19 Aug 2024 20:21

Kaiko Research Report: Ethereum’s Growing Supply Could Curb Potential Price Increases in the Short Term

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19 Aug 2024 19:27

JUST IN: The Democratic Party releases its official platform, with no mention of Bitcoin or crypto

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19 Aug 2024 18:05

Bitcoin price slides despite stock gains ahead of this week's Fed speech at Jackson Hole

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19 Aug 2024 16:53

The US dollar index DXY fell below 102 for the first time since January this year

Financial reports show that the US dollar index DXY fell below 102 for the first time since January this year, with a daily decline of 0.40%.

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19 Aug 2024 15:53

U.S. stocks opened, and the S&P 500 index opened up 0.08%

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19 Aug 2024 14:55

DWF Labs co-founder: The current crypto market is in the Perp season, and may usher in a recovery period later

According to financial reports, DWF Labs co-founder Andrei Grachev posted on X: "These are some of my personal observations (on the crypto market) in the past two years:
Depression > Recovery > Bull market > Correction > Meme season > Correction > Perp season > Recovery > Bull market
We are currently in the Perp season.
Note: The above is not financial advice, DYOR."

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19 Aug 2024 13:55

IntoTheBlock: There is no major on-chain resistance near AVAX, and its trend is currently affected by market sentiment

According to financial reports, IntoTheBlock posted on X that at the end of 2023, AVAX soared from $9 to $44 in just two months. Now trading at around $20 (a level that was previously a resistance level), it believes there is no major on-chain resistance nearby. $ AVAX's trend is currently affected by broader market sentiment. A wave of optimism could push it to the key resistance level of $30, while low sentiment could push it to $16.

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19 Aug 2024 12:50

BitMex analyst: When the environment is uncertain, you should consider focusing on trading cryptocurrency pairs

According to financial reports, BitMex analysts said that Bitcoin's recent performance is worrying. It reacts violently to negative news from traditional markets, but performs mediocrely when positive macro news arrives. To navigate this uncertain environment, you should consider focusing on trading cryptocurrency pairs instead of dollar-based pairs. This strategy can help mitigate the risk of macro-impacts and allow you to take advantage of the relative strengths/weaknesses of the crypto market.

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19 Aug 2024 11:57

NULS has completed cross-chain integration and testing of BTC and ETH native assets, and plans to merge the code into the mainnet

According to the announcement of NULS, NULS has completed cross-chain integration and testing of BTC and ETH native assets, and plans to merge the code into the mainnet in the near future. After the upgrade is completed, users can directly use BTC and ETH as gas fees on the NULS network. Both NULS nodes and Stakers will receive benefits from network gas fees.

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19 Aug 2024 10:50

After the launch of Tapos game, Aptos set multiple records last week, with total user transactions reaching 326 million US dollars

On August 19, Aptos officials said that thanks to the launch of the click game Tapos, the game broke the record of more than 500 million transactions in 3 days.
Aptos set multiple records last week, including: peak TPS of 12,492; total user transactions of 326 million US dollars; daily transactions of 50 million; 4100+ TPS processed on August 15.

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19 Aug 2024 09:54

Google subsidiary confirms WazirX PC devices were not affected in the cyberattack

On August 19, WazirX released an update on the attack, saying that cybersecurity company Mandiant and Google subsidiaries have confirmed that the laptops used by WazirX team members in the recent $230 million cyberattack were not compromised.
These findings have been shared with law enforcement and other investigative agencies to help recover stolen assets.

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19 Aug 2024 09:28

EigenLayer developer: Received two airdrops, funds will be used for charity

On August 19, EigenLayer developer Nader Dabit posted on his personal social media, "I received two airdrops while working at EigenLayer. I decided to use this opportunity to do some good and donate all the funds to public goods, charities, builders and event organizers.
The first was to donate to Ethereum Mexico, Palestinian relief and some Gitcoin funding projects. One of the reasons I chose to join EigenLayer was the integrity of the founder and team. Looking back now, I am 100% sure that I made the right decision."

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19 Aug 2024 08:44

Galaxy Digital is suspected of increasing its holdings of 400 BTC half an hour ago, worth $23.4 million

On August 19, according to ai_9684xtpa monitoring, Galaxy Digital is suspected of increasing its holdings of 400 BTC half an hour ago, worth $23.4 million.
The agency had withdrawn a total of 6,950 BTC from Binance intensively from July 27 to August 2, with a value of up to $464 million and an average price of $66,776. Subsequently, 2,050 of them (about $112 million) were recharged to CEX in the week from August 3 to 6, and if sold, it would lose $24.78 million.

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19 Aug 2024 22:26

Netanyahu plays a double-faced man, appeasing the United States while putting pressure on his subordinates

Netanyahu agrees with the U.S. proposal, but he knows Hamas will reject it

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19 Aug 2024 20:57

CryptoQuant analyst: Two on-chain indicators suggest Ethereum may be in the late stages of a pullback

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19 Aug 2024 20:07

Bitfinex report: Market confidence in Bitcoin remains strong, Q4 is expected to be very bullish

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19 Aug 2024 19:14

Grayscale transferred 700 BTC (worth $41.22 million) to Coinbase Prime

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19 Aug 2024 17:48

Bernstein: Bitcoin price could bottom out if Trump wins

Financial report, a new report from Bernstein Research suggests that the cryptocurrency market, especially Bitcoin, could see a significant shift depending on the outcome of the upcoming U.S. presidential election. The analysis suggests that a potential victory for Donald Trump could catalyze a bottoming out in Bitcoin prices, leading to a rally in the price of the major cryptocurrency.

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19 Aug 2024 16:23

Sigil Fund transferred 1.47 million LDO to Binance, with a floating loss of $1.44 million

According to financial reports, according to monitoring by Ember, 20 minutes ago, the investment institution Sigil Fund transferred 1.47 million LDO (about $1.56 million) to Binance. If sold, it will realize a loss of $1.44 million.

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19 Aug 2024 15:30

Bitwise acquires cryptocurrency ETP issuer ETC Group, expanding its business to Europe

According to financial reports, Bitwise Asset Management announced today the acquisition of ETC Group, a London-based cryptocurrency ETP issuer with an asset management scale of more than $1 billion. This also marks Bitwise's expansion into Europe and adds 9 cryptocurrency ETPs listed in Europe to Bitwise's extensive suite of ETPs, hedge fund solutions and separately managed accounts.

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19 Aug 2024 14:27

BiFinance completes $10 million Series A financing, led by Sunfund Fortuna Global Opportunities

According to financial reports, digital asset trading platform BiFinance announced on X platform that it has completed $10 million Series A financing, led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education and TigerBCDAO. It is reported that BiFinance's valuation in this round of financing has reached $100 million. The new funds will be used to further connect traditional financial assets such as stocks and bonds with the Web3 ecosystem and provide asset-backed tokens (RWA/STO) to enterprises.

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19 Aug 2024 13:42

UBS: The market is betting too much on the Fed's rate cut, and the dollar's decline may be limited

According to financial reports, UBS analyst Ipek Ozkadeksia said that the current decline of the dollar should be limited because the Fed is unlikely to cut interest rates as much as the market expects. The US dollar index has fallen to a seven-and-a-half-month low.

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19 Aug 2024 12:34

Blue chip NFT floor price rebounded, BAYC floor price increased by 23.88% in 7 days

According to Blur market data, on August 19, the floor price of blue chip NFT series rebounded to varying degrees, including:
BAYC floor price 12.2 ETH, 23.88% increase in 7 days;
PudgyPenguins floor price 9.35ETH, 13.47% increase in 7 days;
Azuki floor price 4.45ETH, 12.1% increase in 7 days;
MAYC floor price 1.99ETH, 20.37% increase in 7 days.

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19 Aug 2024 11:32

Polygon executives: 90% of L1/L2 BD teams will ask for airdrops from ecological projects

On August 19, Polygon Chief Information Security Officer Mudit Gupta wrote that people are panicking about Eigen Labs employees asking for airdrops from ecological sub-projects, but in fact 90% of Layer1/Layer2 BD teams will directly ask for shares or airdrops in the name of consultants.

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19 Aug 2024 10:28

Web3 dark game Seraph announced that its Rush event has more than 800,000 holding addresses and completed more than 8 million transactions

On August 18, Web3 dark game Seraph announced that its Rush event has more than 800,000 holding addresses and completed more than 8 million transactions.
It is reported that the event will be held from July 19 to August 16, after which Seraph will start the S0 season on August 22 and launch a new event. Including the soul point rewards of the equity NFT series Holder, exclusive advent treasure chests, optimized contribution value system, and daily PFP gift activities.

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19 Aug 2024 09:44

Gate Ventures and Abu Dhabi Blockchain Center jointly launch $100 million Falcon Gate Ventures fund

On August 19, Gate Ventures, the venture capital arm of Gate, and the Abu Dhabi Blockchain Center, the global Web3 technology center, announced the launch of Falcon Gate Ventures, a $100 million fund dedicated to promoting innovation in the Web3 field in the next few years.`

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19 Aug 2024 08:54

The buyer of CryptoPunk #5822 is suspected to be VOMBATUS, and the transaction price reached 1500 ETH

On August 19, the latest buyer of CryptoPunk #5822 NFT, which was sold today, is suspected to have been announced. It is the collector VOMBATUS, and the seller is Chain CEO Deepak Thapliyal.
In addition, VOMBATUS also revealed that the transaction price was 1500 ETH. CryptoPunk #5822 is one of the 9 alien punks. It was sold for $23.7 million in 2022, setting the highest PFP sales record ever.

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19 Aug 2024 08:29

Upbit will suspend deposits and withdrawals of Injective (INJ) on Friday due to network upgrade

On August 19, according to the official announcement of Upbit, deposits and withdrawals of Injective (INJ) will be suspended due to network upgrade. The estimated suspension time is: 11:00 (Korean time) on August 23, 2024 (Friday).

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