After a significant exploit that led to the loss of almost half of its assets, India-based centralized exchange WazirX is actively seeking partnerships to restore full operations. Co-founder Nischal Shetty took to social media on July 23 to update users on the situation and shared that the exchange is diligently working on a solution to
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As the launch date for several spot Ethereum ETFs approaches on Tuesday, the cryptocurrency community is cautiously optimistic about the potential impact on Ether’s price. Despite initial excitement following the approval of the 19b-4 rule in May, Ether has seen a downward trend, leading to increased uncertainty and speculation in the market. Sensitive Market Dynamics
In early July, the Coinbase premium turned positive after a period of concern following a dip in mid-May. Research from Kaiko suggests that this shift could indicate a resurgence of institutional interest in Bitcoin. The Coinbase premium, which measures the difference between hourly bitcoin prices on Coinbase’s BTC-USD pair and Binance’s BTC-USDT pair, is a
The United States House of Representatives recently approved the Financial Technology Protection Act in an effort to crack down on the use of digital platforms for illicit activities and terrorism financing. This bill, introduced by Representative Zach Nunn, aims to establish a governmental working group that will focus on combating terrorism and illicit financing in
The largest spot Bitcoin ETFs in the US have seen positive inflows recently, but the price of Bitcoin itself experienced a significant retracement. Despite reaching close to $67,000 once more, the primary cryptocurrency had a tumultuous journey in the past few days. It failed to sustain above $65,000, slipped to $63,000, rebounded to $67,500, and
Recent data from CoinShares reveals that Ethereum (ETH) experienced a surge in inflows last week, outpacing Solana’s (SOL) inflows for the year 2024. This increase in investment coincided with the upcoming launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. Ethereum recorded inflows of
MetalCore Arena is not just another free-to-play game; it is a groundbreaking innovation in the world of gaming. With its integration of blockchain technology, the game introduces players to a whole new era of digital ownership and player-driven economies. By allowing players to compete with modifiable teams of mechanized units and squads of infantry, MetalCore
Hong Kong is set to make history on July 23 with the launch of Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK). This innovative exchange-traded fund (ETF) by China Southern Asset Management Co., Ltd (CSOP) is specifically designed to allow investors to capitalize on declines in the price
Gangster Arena, a prominent blockchain strategy game, has introduced Crew Wars, a new feature that emphasizes teamwork and collaboration among players. By joining or creating crews, players can work together to climb the leaderboard and win valuable prizes such as Ethereum, $GREED tokens, and other in-game assets. The main goal of Crew Wars is to
Crypto analyst RLinda has recently made a bold prediction regarding Bitcoin, suggesting that the cryptocurrency could potentially reach a new all-time high of $90,000. She pointed out several fundamental factors that could support this price growth, one of them being the anticipated launch of Spot Ethereum ETFs. However, it is crucial to note that RLinda’s
