“This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi,” said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc. Source
BlockFi Administrator Submits Plan in Court to Make Customers Whole
Day: July 23, 2024
Dogecoin Price (DOGE) Bulls Target $0.15 Breakout: Can They Succeed?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
U.S. Government Moves $4M Bitcoin (BTC) Seized From Ryan Farace, Data Show
Saxony sold 49,858 BTC between June 19 and July 12, driving the token’s spot price as low as $53,500 at one point. As of writing, the leading cryptocurrency by market value changed hands at $67,450. Meanwhile, the U.S. government still held over 213,000 BTC worth over $14 billion. Original
Crypto trade association urges Kamala Harris to embrace digital assets
The Digital Chamber, a leading blockchain trade association, has urged U.S. Vice President Kamala Harris to “take a forward-looking approach to digital assets.” On Monday, the Digital Chamber said it had sent a letter to Harris. This came just a day after outgoing U.S. President Joe Biden dropped out of the upcoming 2024 election and endorsed Kamala Harris for nomination as the Democratic Party’s candidate. 📢 This morning, we sent a letter to @VP with important requests to support the #digitalasset industry. It’s in the best interest of the American…
Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch
According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization. ETH Dominates Inflows The report highlights Ethereum’s strong momentum recorded over the past month, with inflows reaching $45 million last week, amounting to the year for over $103 million, outpacing Solana’s inflows year-to-date (YTD). Solana, however, also witnessed inflows of $9.6 million during the…
XRP Price Poised for More Upsides: Will the Rally Continue?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Bulls Ready for Another Try?
Ethereum price is still struggling to clear the $3,500 resistance zone. ETH is now consolidating and might make another attempt to clear $3,550. Ethereum is consolidating below the $3,550 resistance zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,500 resistance zone. Ethereum Price Holds Gains Above $3,450 Ethereum price…
India Favors BRICS Payment System, Says Institute Director
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions. He noted that many BRICS members share this cautious perspective. India Supports […] Source CryptoX Portal
TON Blockchain And Animoca Brands Unveil $20M Initiative To Reach 1.6 Billion Users
On Monday, Hong Kong-based gaming software company Animoca Brands, The Open Network (TON) blockchain, Moca Network, and the MOCA Foundation announced a new partnership to catalyze the adoption of the Open Network ecosystem and establish its position for GameFi and Web3 gaming. MOCA And Toncoin Reserve According to the announcement, as part of the partnership, The Open Network Foundation, Mocaverse, and the MOCA Foundation will work together to create a $20 million MOCA coin and Toncoin reserve, the native token of the Layer 1 (L1) blockchain. This reserve will incentivize…
BODEN Drops 55% As KAMA Soars
The political landscape in the US has seen a significant development after President Joe Biden announced he was dropping out of the presidential rally. Following the news, the PolitiFi memecoin sector saw a major shift as Biden-themed tokens immediately plunged and Kamala Harris-inspired tokens soared. Related Reading Crypto Community Celebrates Biden’s Candidature Withdrawal The November elections have been a hot topic for the crypto industry. After years of a hostile and “overreaching” regulatory approach from the US government, politicians’ stance on cryptocurrencies has become a turning point for many voters.…