Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed on June 29 by National Electoral Council authorities. “People deserve honest answers about the future […] Source CryptoX Portal
The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell doom for the digital asset, even if just in the short-term. Bitcoin Open Interest Sets New Record In an interesting turn of events, the Bitcoin open interest has now risen to a new all-time high.…
On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program. The settlement was executed on-chain in wholesale central bank digital […] Source CryptoX Portal
Bitcoin, the leading cryptocurrency by market cap, has pulled back from its six-week high, dipping below the $67,000 mark on Tuesday morning. The drop in Bitcoin (BTC) comes after news on Monday, July 29, that the United States government moved $2 billion worth of seized Bitcoin, raising investor concerns about the potential sale of these assets. This movement came just two days after presidential hopeful Donald Trump announced his intention to start accumulating BTC, which pushed up to the $70,000 mark yesterday for the first time since mid-May. Data from…
With multiple politicians, both Republican and Democrat, and former president Donald Trump in attendance at the Bitcoin Nashville conference last week, there was a political undertone to the crypto event, investment bank Jefferies said in a research report on Monday. Original
Optimism has been seeing bearish action since the start of this month. But this week, it has been much worse for investors and traders. According to Coingecko, the token is down more than 12% since last week. Related Reading With a market correction underway, more pain can come to all portfolios carrying OP. However, there are several reasons why investors and traders should still be on board with Optimism. Growing On-chain Use By An Expanding Userbase Price-wise, OP looks like a hard bargain after a month of hard-battering by the…
A new staking product will be offered instead of what Humpy and the ‘Golden Boys’ initially proposed. Source
Top Democratic donors are said to be pushing for Kamala Harris to speak at a U.S. crypto conference as her Republican rival shows support for the crypto industry. Presumptive Democratic presidential nominee Kamala Harris is reportedly being pushed to attend a crypto conference in the United States this fall. The push comes in response to recent pro-crypto remarks made by former President Donald Trump at the Bitcoin 2024 event held last week in Nashville, Texas. According to a Decrypt report published today, July 30, big Democratic donors are pushing for…
Hundreds of Neiro, or Neiro-themed tokens, were issued on Solana token generator Pump Fun, with one quickly running to tens of millions in market capitalization. Later, some traders discovered that while the token at a $100 million capitalization was the most popular, another one was actually the first one to exist – shifting dynamics and causing a brief sell-off. Source
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July […] Original