Others News

Bitcoin (BTC) began the week with a decline, likely influenced by data from the US and actions by institutional investors.

Anthony Scaramucci, once a Trump advisor and now a critic, has stirred up the political scene with a bold prediction: he believes Trump may withdraw from the 2024 presidential race.

The Venezuelan government has recently imposed restrictions on several online platforms, including the cryptocurrency exchange Binance and the social media network X, amid political unrest following the recent presidential election.

Nigerian attorney James Yutudor has initiated a legal battle against the government over its stringent cryptocurrency regulations.

Veteran investor Tom Lee thinks the worst of the recent market correction is probably over.

The US Securities and Exchange Commission (SEC) has decided to delay its ruling on a dual cryptocurrency spot ETF submitted by Brazilian firm Hashdex.

Venture capitalist Preston Pysh anticipates significant exponential growth in the crypto sector over the next five years.

Tether’s CEO, Paolo Ardoino, has raised alarms about the European Union’s new Market for Crypto Assets (MiCA) regulation, suggesting it might increase systemic risk rather than provide stability.

CFTC recently awarded over $1 million to a whistleblower who reported “improper trading” activities in the crypto market. The tip led to an enforcement action by the CFTC.

Several major banks, including JPMorgan Chase, Bank of America, and Wells Fargo, are under federal scrutiny for handling fraud and scams on Zelle, the instant payments platform.

Charles Hoskinson, founder of Cardano, recently warned that supporting Kamala Harris in the upcoming presidential election would be detrimental to the US crypto industry.

Many analysts on Wall Street are predicting that the Federal Reserve might implement its first interest rate cut in September, based on the CME FedWatch tool.

Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, accusing them of engaging in “fraudulent” and “preferential” transfers involving over $2 billion in Bitcoin (BTC).

Shytoshi Kusama, the lead developer of Shiba Inu, has recently reached out to the SHIB community to affirm its dominance over Dogecoin.

Nvidia CEO Jensen Huang has recently sold $49 million worth of NVDA shares, continuing a significant divestment trend.

The number of Ethereum layer-2 wallet addresses using Uniswap’s decentralized exchange nearly doubled last month compared to June.

OKX CEO Star Xu has warned users about the risks surrounding the sanctioned crypto mixer Tornado Cash.

Elon Musk-owned platform X has agreed to stop collecting and processing user data in the European Union (EU).

Hong Kong’s virtual banks are at a pivotal moment, currently holding just 0.3% of all retail banks’ assets and occupying a negligible share of the financial market.

Robert Kiyosaki, renowned investor and author of the best-selling book “Rich Dad, Poor Dad,” has issued warnings about the actions of the United States government, specifically the Federal Reserve and the Treasury Department.

The SEC is expected to appeal the recent court ruling in favor of Ripple Labs, focusing on the classification of XRP’s secondary sales as securities.

On Thursday, the U.S. Federal Reserve announced an enforcement action against Customers Bancorp (CUBI.N) due to “significant deficiencies” in the bank’s risk management and anti-money laundering practices.

A prominent crypto analyst predicts a major comeback for the NFT sector in the current market cycle.

Concerns about a potential US recession have intensified following a global stock market drop and a weaker-than-expected jobs report.

JPMorgan Chase CEO Jamie Dimon recently commented on the US economy, saying that it has “not entered a recession at all” despite the market volatility seen this week.

Immutable, a key player in the NFT and blockchain gaming space, is closing its NFT marketplace on August 13, with a full redirection by September 27.

Binance Labs, the venture capital division of the world’s largest crypto exchange, has announced a new investment in Solayer, a staking protocol built on the Solana blockchain.

For the first time in a U.S. election, a major political candidate is accepting cryptocurrency donations. Former President Donald Trump has made a surprising pivot, now embracing digital assets and even suggesting that all remaining Bitcoin should be mined in the U.S.

In a recent Bloomberg interview, Michael Saylor, Chairman of MicroStrategy, disclosed that his Bitcoin holdings are valued around $1 billion.

Robinhood’s second-quarter earnings showed significant growth, with revenue reaching $682 million, a 40% increase from the previous year.

The Bank of Japan (BoJ) has decided to keep its monetary policy unchanged, avoiding both rate hikes and cuts.

In 2024, Binance has added 30 new tokens to its platform, but the results have been largely underwhelming.

As Ethereum faces recent challenges, the crypto community has found a new target for their frustrations.

An irish regulator has initiated legal action against Twitter International Unlimited Company, citing violations of EU data protection laws.

Ark Invest bought another 19,892 shares of Coinbase worth $3.9 million through three of its exchange-traded funds on Tuesday, continuing to rebalance its funds’ holdings after Monday’s market plunge.

Hong Kong-based virtual bank Mox has introduced crypto exchange-traded funds (ETFs) trading for its clients and is considering a future expansion of spot trading markets.

The Bank of Japan (BOJ) has opted to keep interest rates unchanged due to ongoing global market volatility, according to Deputy Governor Shinichi Uchida.

Ripple has teamed up with the DIFC Innovation Hub to accelerate the development of blockchain and digital asset technologies in the UAE.

Following the sharp market downturn on August 5, 2024, Binance saw a remarkable influx of $1.2 billion, showcasing significant trader activity amid falling cryptocurrency prices.

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena demanding extensive documentation related to cryptocurrency assets.

As of August 3, 2024, Berkshire Hathaway owns 4% of all publicly issued T-Bills, significantly more than the Federal Reserve’s $195 billion.

The cryptocurrency market has been hit hard by a significant crash, with Bitcoin and other digital assets experiencing substantial losses.

Arthur Hayes, a well-known crypto investor, has forecasted that the markets might soon face another downturn following the recent crash.

Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.

Economist Henrik Zeberg, who has a significant following, remains optimistic about the future of both cryptocurrency and the US stock market, despite recent downturns.

India’s Directorate General of GST Intelligence (DGGI) has issued a notice to Binance, demanding a payment of about $86 million for Goods and Services Tax (GST).

Elon Musk has reignited his legal battle with OpenAI and its CEO, Sam Altman, by filing a new lawsuit on August 5 in California. This follows Musk’s earlier decision to drop a similar case in June.

Financial markets are in chaos, with Donald Trump attributing the crash to Kamala Harris and the Biden administration.

The cryptocurrency market reacted swiftly to the global economic downturn over the weekend, with predictions of continued instability.

During an interview on CNBC, Wharton’s Professor Jeremey Siegel, who is also the Chief Economist at WisdomTree calls for 0.75% emergency rate cut by the FED.

A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.

A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.

After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.

Berkshire Hathaway, led by Warren Buffett, saw a 15% rise in after-tax operating profits for the latest quarter, driven by substantial gains from its investment in Apple.

Today is a dark day for the global finanace as every market experienced a significan crash – from the U.S. and Japanese stock markets to crypto.

The U.S. Federal Reserve has called for an emergency meeting to address the recent dramatic downturn in global markets.

Robinhood has suspended its 24-hour trading feature in response to increased market volatility.

As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.

Ripple Labs. recently added on its official website details about its upcoming stable coin that will be released later this year.

U.S. presidential candidate Kamala Harris is reportedly expanding her campaign team by adding a former Binance advisor.