Day: August 15, 2024

More Than Just a Meme Coin Dogecoin (DOGE) Investors Grab Their Profits

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The cryptocurrency market is buzzing with excitement as Dogecoin (DOGE) investors shift their focus to a new entrant in the memecoin sector: Mpeppe (MPEPE). Far from just another meme coin, Mpeppe is capturing attention for its innovative approach and potential for significant returns. Here’s why Dogecoin (DOGE) investors are taking profits and turning their gaze toward Mpeppe (MPEPE). Dogecoin (DOGE) Investors Rethink Their Strategies Dogecoin (DOGE), once a playful digital token with a Shiba Inu mascot, has evolved into a notable player in the cryptocurrency space. It has garnered a…

When Will ETH Price Break All-Time High as DeFi Adoption Explodes Into New ICO

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As Ethereum (ETH) continues to be a cornerstone of the cryptocurrency world, its price trajectory remains a hot topic among investors and analysts. The potential for Ethereum (ETH) to break its all-time high is more tangible than ever, especially with the rise of new ICOs such as Mpeppe (MPEPE) that are harnessing the power of decentralized finance (DeFi). Here’s a closer look at how Mpeppe (MPEPE) is influencing Ethereum (ETH)’s future and the possibilities for ETH to reach new heights. The Growing Influence of Mpeppe (MPEPE) on Ethereum (ETH) Mpeppe…

Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry

The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November’s U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing Wall Street firms agree on is that either nominee will bring crypto regulation forward. Source

Bitcoin Drops to Under $58K After U.S. CPI Data

U.S.-listed spot bitcoin ETFs recorded $81 million in net outflows on Wednesday, ending a two-day positive streak. Grayscale’s GBTC registered $56 million in outflows, the most among counterparts, with Fidelity’s FBTC recording $18 million in outflows. Ark Invest’s ARKB and Bitwise’s BITB lost $6.7 million and $5.7 million respectively. Franklin Templeton’s EZBC and BlackRock’s IBIT were the only products with net inflows, adding a cumulative $6 million. Ether ETFs fared better, with $10 million in net inflows, extending a streak to three days. BlackRock’s ETHA recorded $16 million in inflows,…

SUI Soars 50%, Analyst Eyes 190% Price Rally

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Popular cryptocurrency analyst Jonathan Carter has noted that Sui is witnessing an amazing rise in the crypto market. The digital asset drew a lot of interest since it surged about 50% in seven days. Carter sees the coin notching a solid 190% price rally if all the positive elements fall into place. Related Reading Sui’s network shows more than just pricing activity since it has used its technical ability to handle transactions six times faster than Solana. Thanks to its competitive technology, Sui is considered as a budding star in…

Blockchain industry must break vendor lock-in for developers’ freedom

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. No single entity, interest group, or political faction defines (or dominates) the blockchain industry. But despite all differences, positive and negative, there is a shared mission—achieving mass adoption.  More people, businesses, and communities must benefit from crypto and blockchain tech worldwide. To achieve this fully, anyone should be able to build high-quality dApps and on-chain tools. Devs must have the freedom to express themselves in any language…

ICO statement on Meta’s ad-free subscription service

Stephen Almond, ICO’s Executive Director of Regulatory Risk said: “One of our key priorities is to ensure that people’s information rights are upheld by the online advertising industry. Earlier this year we ran a call for views on ‘consent or pay’ models, in which service users pay a fee to not be tracked for online advertising. We are considering the responses received and will set out the ICO’s position later this year. “Following engagement with Meta, we are examining how UK data protection law would apply to any potential ad-free…

Marathon Digital buys $249m in Bitcoin after raising $300m from convertible notes

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Marathon Digital has bought $249 million worth of Bitcoin using funds raised from a $300 million offering of convertible senior notes. In an Aug. 14 press release, Marathon, which is the largest public Bitcoin (BTC) miner by realized hash rate, said it had raised $300 million, which was reduced to $292.5 million after deducting discounts and commissions. It then used $249 million from that amount to buy 4,144 BTC at an average price of $59,500. MARA secures $300M through an oversubscribed offering of convertible senior notes. With proceeds, we purchased…

Circle is eyeing NFC payments for USDC on iPhones

Stablecoin issuer Circle is planning to enable the tap-to-pay feature using USDC on Apple iPhones In an Aug. 14 post on X, the firm’s CEO, Jeremy Allaire, pointed to a recent announcement from the California-based tech giant where it said it would allow third-party developers to integrate the iPhone’s Near Field Communication chip in their respective applications. The NFC chip enables short-range wireless communication between devices when they are in close proximity, typically within a few centimeters. This allows contactless data exchange, such as making payments or sharing files, by…