Odds of Trump winning the November elections surged to highs of 71% in July before tumbling to lows of 44% in August as incumbent Joe Biden said he would not contest before Harris was announced as the candidate. Her chances rose to over 55% in early to mid-August to emerge as a favorite. Source
On Tuesday, the Singapore High Court will hear WazirX’s request for six months’ protection while it restructures its liabilities after losing $234 million to a hack in July. The request was made by Singapore-incorporated Zettai Pte, whose subsidiary Zanmai India operates the exchange. Source BitcoincryptoexchangeExchanges CryptoX Portal
Singapore has a reputation of being a world-leading crypto hub as it provides clear guidelines on how cryptocurrency firms should operate. Source
Japanese investment firm Metaplanet Inc. has partnered with SBI VC Trade, a SBI Group subsidiary, to bolster its Bitcoin accumulation strategy. According to a Sep. 2 announcement, the collaboration is a bid to double down on Metaplanet’s Bitcoin accumulation strategy by engaging with leading industry stakeholders like SBI holdings. As a part of the collaboration with SBI Group, Metaplanet will gain access to a corporate custody service focusing on compliance and tax efficiency. Further, the partnership could see Metaplanet using Bitcoin as collateral for financing. SBI VC Trade is a…
“September is a historically negative month for Bitcoin, as data shows it has an average value depletion rate of 6.56%,” Innokenty Isers, founder of crypto exchange Paybis, said in a Monday email. “Should the Feds cut the interest rate in September, it might help Bitcoin re-write its negative history as rate cuts generally lead to excessive US dollar flow in the economy – further strengthening the outlook of bitcoin as a store of value.” Source
“With this enhanced Smart Arbitrage bot, we continue to lead the way in providing automated, intuitive trading solutions that empower traders of all experience levels in the crypto market. By introducing further automations, we’ve improved the accessibility and ease of executing sophisticated strategies like arbitrage,” Lennix Lai, global chief commercial officer at OKX, said. Original
Este artículo también está disponible en español. Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. Related Reading First, 500 million XRP were released in three consecutive phases; next were 200 million and finally 300 million. Every one of the three transactions was completed within minutes, suggesting that Ripple was onto maintaining really good token supply control. Market Reaction To The Unlock…
The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the FTX bankruptcy plan, according to a court filing Friday. Source
Este artículo también está disponible en español. Tron (TRX) has been a focal point in the crypto community, especially as investors begin to shift their attention to new and emerging cryptocurrencies that show significant potential. With a massive $13 million exit from Tron (TRX), it seems that some of its major investors are now eyeing what could be the next big thing in the crypto world—enter Mpeppe (MPEPE), a new contender making waves alongside other rising stars like DTX Exchange (DTX). Tron (TRX): A DAO Favorite, But Investors Seek More…
As we move into the fourth quarter of 2024, seasoned investors in Render (RNDR) have started to turn their attention towards a new and promising cryptocurrency—Mpeppe (MPEPE). With over 90% of its tokens already sold, Mpeppe (MPEPE) is rapidly gaining traction among those who recognize its potential for massive returns. Here’s why this new cryptocurrency is capturing the interest of Render (RNDR) whales. Render (RNDR): Current Market Sentiment and Future Potential Render (RNDR), a leading player in the decentralized AI and rendering space, has experienced a challenging market phase over…