Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review

Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban. WBTC’s custody change has raised concerns in the defi community. Ripple’s legal chief discussed the […] Original

Alain Delon Dies: French President Leads Tributes for Actor

PARIS — Alain Delon, the internationally acclaimed French actor who embodied both the bad guy and the policeman and made hearts throb around the world, died at age 88, French media reported. With his handsome looks and tender manner, the prolific actor was able to combine toughness with an appealing, vulnerable quality that made him one of France’s memorable leading men. Delon was also a producer, appeared in plays and, in later years, in television movies. French president Emmanuel Macron paid tribute on X to “a French monument.” “Alain Delon…

Stacks, the OG Bitcoin L2, shows the power of being early

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s been an “exceptionally eventful month” for Bitcoin (BTC). BTC whale transactions reached a four-month high while the market “purged” short-term holders. The unrealized losses for speculators touched crypto assets worth millions of US dollars. Such wipeouts reiterate the pressing need to foster long-term adoption.  Meanwhile, investors are ‘buying the dip,’ and spot Bitcoin ETFs recorded some of the highest single-day inflows.  Bitcoin ETF flow | Source:…

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning […] Source CryptoX Portal

LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes

PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange in innovative crypto asset categories. As LBank commemorates its ninth year […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Best Short-Term Crypto Investments | Top Coins to Buy Now

Short-term investments involve buying assets or cryptocurrencies and selling them after a short period. This approach relies on speculation, taking advantage of minor price fluctuations to make a profit. It’s best suited for investing amounts you’re comfortable to risk. Ready? Let’s go. Short-term crypto trading strategies What are the main short-term trading strategies, and who are they suitable for? Day trading Day trading is all about buying and selling cryptocurrencies within the same day or even just a few hours. Traders aim to profit from small price movements. It’s a…

Ethereum Price In Danger? Metalpha Withdraws 10,000 ETH From Lido To Binance

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

When Kamala’s crypto circus came to town — and bombed

What does it mean for Kamala Harris’s campaign when a virtual town hall designed to woo the crypto crowd instead leaves them feeling more aligned with Donald Trump? How it all started? The recent virtual town hall organized by the ‘Crypto For Harris’ campaign, designed to rally support for Kamala Harris’ potential presidency from the digital asset community, fell flat on its face.  Touted as a key affair,’ the event left many in the industry unimpressed and even sparked backlash. Prominent figures like Gemini co-founder Tyler Winklevoss didn’t hold back,…

Lemon Pioneers Fiat-Crypto Interoperability Services in Peru

Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions in Peru. The exchange, the first to receive such a license in the country, now eases the processes required to deposit and exchange fiat for crypto, with users only needing a phone number for this task. Lemon Receives First Fiat-Crypto […] Source BitcoincryptoexchangeExchanges CryptoX Portal