Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summit

The robust growth of the U. S. economy may necessitate additional interest rate increases to mitigate inflationary pressures, according to Federal Reserve Chair Jerome Powell. Speaking at the Jackson Hole Economic Symposium, an annual conference of central bankers in Jackson Hole, Wyo. дальше »

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XRP whale moves 29 million tokens to Bitstamp amid price slide

Additional information suggests the possibility that this whale might be selling their XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier. дальше »

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How correlated is MicroStrategy stock to the Bitcoin price?

Kay Takeaways 1 in every 127 Bitcoins are owned by MicroStrategy The stock price tracks the price of Bitcoin remarkably well Despite price correlation, there are additional risks to the stock, while it violates the “not your keys, not your coins” mantra For investors unable to purchase Bitcoin directly, however, it does provide an alternative […] The post How correlated is MicroStrategy stock to the Bitcoin price? appeared first on CoinJournal. дальше »

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JPMorgan Sees Limited Downside for Crypto Markets in the Near Term

News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said. дальше »

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Shibarium Reopens in Private Mode Following Launch Fiasco

After a problematic launch, Shibarium, a layer-2 protocol, is set to reopen to the public with an additional fail-safe. The initial launch was paused due to high traffic. The post Shibarium Reopens in Private Mode Following Launch Fiasco appeared first on BeInCrypto. дальше »

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Binance refutes euro issues, confirms additional KYC

Binance spokesperson told crypto. news confirmed that SEPA-based euro payments will continue to be processed until Sept. 25 but with a catch. In an Aug. 22 statement, a Binance spokesperson told crypto. дальше »

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Coinbase takes an interest in USDC - all you need to know

Coinbase acquired a minority stake in Circle as the Centre Consortium dissolved. The expansion of USDC included an integration with additional blockchains and regulatory advancements. CoinbaThe post Coinbase takes an interest in USDC - all you need to know appeared first on AMBCrypto. дальше »

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Crypto Investors Can Now Trade XRP Options on BIT Exchange

Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings. дальше »

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Top 14 Crypto Staking Basics You Should Know About

Crypto staking involves participating in a blockchain network by holding and “staking” a certain amount of a cryptocurrency in a wallet to support the network’s operations. In return, participants receive rewards, typically in the form of additional coins or tokens. дальше »

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SEC Planned Appeal May Erase XRP's Latest Gains, Here's Why

XRP may see additional plunge now that SEC has revealed its intention to file appeal дальше »

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NFT collection Y00ts plans Ethereum migration prompting 350% trade volume boom

Polygon-based (MATIC) NFT collection y00ts said it would migrate to Ethereum (ETH) and return the $3 million grant it previously received from the layer2 network, according to an Aug. 10 tweet. y00ts did not provide additional information on when the migration would occur. дальше »

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US Fed steps up oversight of banks' involvement with crypto firms

The limitations set out in the Federal Reserve’s new Novel Activities Supervision Program provides additional measures to its original policy statement laid out in January. дальше »

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Bitdeer completes its Bhutan mining facility

Crypto cloud mining service platform Bitdeer has completed the construction of its new mining facility in Bhutan. The company explained that at the end of July, they had acquired approximately 23,000 newly purchased mining machines, with 7,000 additional machines currently… дальше »

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MakerDAO DAI supply gains $200M as interest rate surges to 8%

MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings Rate (DSR) was paying the high yield rate for the stablecoin holders “at no additional risk. дальше »

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Michael Saylor’s Plan to Sell Additional Equity for Bitcoin Investment Proves Ultra Bullish For BTC

Late Tuesday, software developer MicroStrategy filed a prospectus supplement stating intentions to sell up to $750 million worth of stock with the intention to buy more Bitcoin, among other things. дальше »

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Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave

Michael Egorov, the founder of Curve, has sold an additional 7.5 million CRV in an over-the-counter (OTC) transaction and paid a $3 million debt in USDT on Aave дальше »

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OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains

Singapore, Singapore, August 2nd, 2023, Chainwire Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using […] The post OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains appeared first on CoinJournal. дальше »

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MicroStrategy купили 467 ВТС в июле

Американская компания MicroStrategy приобрела 467 BTC на общую сумму $14,4 млн в июле 2023 года. In July, @MicroStrategy acquired an additional 467 BTC for $14.4 million and now holds 152,800 BTC. Please join us at 5pm ET as we discuss our Q2 2023 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. […] дальше »

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U.S. debt ceiling hike: A gateway to exponential borrowing

Quick Take After the U. S. government’s decision to suspend the debt limit till 2025, the national debt has swelled to a staggering $32. 6 trillion from nearly $32 trillion in June. With the Treasury’s new plan to borrow an additional $1. дальше »

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IRS clarifies rules on crypto staking rewards

The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »

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Binance CEO CZ unveils plans for algorithmic stablecoin development

In the latest Ask-Me-Anything (AMA) session, Binance CEO Changpeng Zhao (CZ) disclosed the upcoming announcement of a new partner for an additional USD stablecoin alongside FDUSD.  He also shared insights about a small team working on algorithmic stablecoins, expressed concerns… дальше »

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Here’s 3 Reasons Cardano Price Should Pump to $0.5, While Wall Street Memes Presale Hits $18.7 Million

The Cardano project is starting to thrive as the heavyweight Layer-1 project begins to roll out products to improve its DeFi ecosystem. The unveiling of its DeFi ecosystem has helped ADA start to see some positive price movements, with analysts expecting the additional utility to help the coin turn parabolic again. дальше »

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Euro Area increases interest rates to a high of 4.25%

Quick Take The Euro Area has taken an assertive step towards controlling inflation, augmenting its rates by an additional 25 basis points (bps). This progression propels the current rate hiking cycle to an impressive 4. дальше »

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Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield

Decentralized finance platform Credix opens a trade receivables lending pool with Solana Foundation among investors. дальше »

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Musk’s Golden Ticket to Twitter Profitability? DOGE, X and More

Billionaire entrepreneur Elon Musk has given Twitter, the popular social media platform, a rebrand to X. Musk also left some additional potential clues for the future of the platform. Following... дальше »

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Alphapo payment provider hack now estimated at over $60M — ZachXBT

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.

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On-Chain Sleuth Tracks Down More Funds Stolen in Alphapo Hack

On-chain detective ZachXBT discovered an additional $37 million stolen in the Alphapo hack, suspecting the involvement of the notorious Lazarus Group. The post On-Chain Sleuth Tracks Down More Funds Stolen in Alphapo Hack appeared first on BeInCrypto. дальше »

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Additional $37M discovered in web3 casino payment provider hack

Alphapo, a cryptocurrency payment service provider, reportedly suffered a significant security breach within its hot wallet, resulting in a loss of over $60 million, with some reports suggesting total losses could amount to around $100 million, according to De. дальше »

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Binance Says It Intends to File Motion to Dismiss CFTC Complaint

Binance, Changpeng Zhao, and Samuel Lim filed a motion Monday night to ask the court for additional allowed length in its response. дальше »

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Bitcoin Plunge To $29,200 Sends 5.9% Of Supply Into Loss

On-chain data shows an additional 5. 9% of the total Bitcoin supply has entered into losses as the cryptocurrency’s price has plummeted to $29,200 today. Bitcoin Supply In Profit Has Declined To 70. дальше »

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Crypto Reacts: Elon Musk ‘X’ Rebrand For Twitter Faces Opposition

Elon Musk, the billionaire owner of Twitter, has stated that he plans to make additional modifications to the website. One of the anticipated changes entails changing the company’s iconic blue bird emblem to “X. дальше »

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Litecoin Is The Must-Have Position In Crypto Right Now: The Big Question – To Short or To Long?

Litecoin’s forthcoming halving, set to take place on August 2nd, continues to generate increasing interest and participation among traders. Over the past 24 weeks, as the event has become more widely recognized, there has been a notable increase in the creation of Litecoin addresses, with an additional 1,185 addresses now owning at least 100 LTC. дальше »

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OKX introduces staking-like function for BTC and BRC-20 tokens

OKX has announced a new feature that allows users to lock their bitcoin or BRC-20 tokens in return for BRC20-S tokens. This feature offers an additional service for users hoping to enhance their experience within the ecosystem. By locking up… дальше »

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AltSignals ($ASI) outlook as Microsoft prices its new AI subscription

Microsoft Corp (NASDAQ: MSFT) made a new high this morning after putting a price tag on Copilot – a “Generative AI” assistant for Microsoft 365. Copilot could boost Microsoft’s revenue For an additional $30 a month, customers will now get to benefit from artificial intelligence across a bunch of tools, including Excel, Teams, and Word. дальше »

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XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said. дальше »

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Meta opens AI model up for commercial use with Llama 2

Meta AI announced the release of Llama 2, the latest update to its large language artificial intelligence (AI) model, on July 18. The company said in an additional Twitter comment: “We believe an open approach with broad accessibility is the right one for the development of today’s Al models…. дальше »

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Flipster Announces 1,500,000 USDT Worth of Bonus Rewards To Celebrate Name Launch

Flipster, a crypto derivatives trading platform, is offering an additional 1. 5 million USD worth of bonus rewards to celebrate its new name launch. Formerly known as AQX, Flipster, the bonus is intended to encourage new users to join the exchange’s unique journey into the futures space. дальше »

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Flipster to Give Away a Huge 1,500,000 USDT Worth of Bonus

As part of Flipster’s (formerly AQX) name launch, the business today announced an additional 1,500,000 USD worth of bonus rewards to encourage new users to join and trade on their exchange. Until the rewards are fully distributed, the futures exchange will run at least one campaign per week to encourage new users to signup and … Continued The post Flipster to Give Away a Huge 1,500,000 USDT Worth of Bonus appeared first on BeInCrypto. дальше »

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Coinbase pauses staking services in four US states following regulators' orders

According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets. дальше »

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MultiversX launches on-chain two-factor authentication standard

Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network. дальше »

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BREAKING: $1 Billion New Tether (USDT) Issued On Tron Network – Bitcoin To Surge?

Tether, the leading stablecoin provider, today issued an additional 1 billion USDT on the TRON network. This mammoth issuance is expected to significantly alter the stablecoin landscape. Data from Coingecko reveals that in the past 90 days, USDT’s market value has soared by $2. дальше »

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Traditional Finance ETF Applications Validates Crypto: Grayscale CEO

Grayscale CEO Michael Sonnenshein has said that traditional finance companies creating Bitcoin ETFs validates the crypto asset class, adding that it offers additional protection for investors. The post Traditional Finance ETF Applications Validates Crypto: Grayscale CEO appeared first on BeInCrypto. дальше »

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Crypto.com seeks to recover $76K related to transaction error

Crypto. com has recently submitted legal documents, dated July 7, in a bid to recover from an erroneous $50,000 transaction and over $26,000 in additional funds generated as a consequence The case revolves around an incident involving Georgia resident James Deutero McJunkins Jr. дальше »

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Bitcoin As The World’s First Over-Unity Power Generator

In a sense, Bitcoin achieves over-unity power generation by storing energy and creating additional value over time. дальше »

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U.K. Blazes Trail With New Cryptocurrency Rules

The FCA’s regulations provide greater legal clarity for developers but place additional compliance burdens on companies marketing cryptocurrencies, says Preston Byrne, a partner at Brown Rudnick. дальше »

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Using ChatGPT to spot crypto honeypots, scam contracts, and other red flags

OpenAI‘s ChatGPT now offers plugins that can help users identify potential crypto honeypots, providing an additional layer of security in the volatile crypto market. As highlighted by Dynamo DeFi, the Smarter Contracts plugin allows users to analyze smart contracts through the ChatGPT interface. дальше »

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Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation

Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders. дальше »

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XRP Whales Anticipate ‘Monster Bull Move’ On A Ripple Win Against SEC As Coin Accumulation Escalates

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Insight into MicroStrategy’s BTC investment shows profit of over $117m

MicroStrategy, the business intelligence firm known for its strategic investments in bitcoin (BTC), continues to make waves in the market. Recently, the company made headlines again by acquiring an additional 12,333 BTC, further bolstering its already impressive holdings.  Recently reported… дальше »

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MicroStrategy Doubles Down on Bitcoin, Buys $347 Million More BTC

MicroStrategy just doubled down on its Bitcoin investment. The business intelligence company announced today that they purchased an additional $347 million in Bitcoin, bringing total holdings to 152,333 BTC. дальше »

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