English News
Grayscale transfers $1B in ETH to Coinbase ahead of Ether ETF launch
(Coin Telegraph)-24/07/2024Grayscale transferred $1 billion worth of Ether to Coinbase on July 22, signaling the asset manager’s preparation for the launch of spot Ether exchange-traded funds (ETFs) in the United States, according to blockchain data.Following the transfer, approximately 10% of the 292,000 Ether was transferred from the Coinbase hot wallet to the Grayscale Mini Trust, or wallet […]
10 years on: How Ethereum’s ICO changed the crypto landscape
(Coin Telegraph)-24/07/2024The Ethereum initial coin offering (ICO) — one of the most important events in the history of cryptocurrency — began on July 22, 2014, just a little over 10 years ago. The ICO ran for 42 days until Sept. 2 and allowed participants to buy 2,000 Ether for the price of 1 Bitcoin Cointelegraph spoke with Nick […]
How to improve crypto investment strategies using AI analytics
(Coin Telegraph)-24/07/2024DexCheck AI integrates AI and ML for comprehensive analytics to aid decision-making by providing insights into market trends, token performance and risk assessments.Over one million new tokens have been created since April 2024, making it difficult for traders to sift through the noise and make informed investment decisions. This choice overload leads to missed opportunities and […]
Is Trump right to worry that China could ‘take over’ crypto?
(Coin Telegraph)-24/07/2024It’s only recently that Donald Trump has paid any attention to crypto. But now he wants to be the “crypto president,” and he’s raising digital assets as a geopolitical issue.Asked on July 16 why he’s suddenly embracing the crypto community, he told Bloomberg:“If we don’t do it, China is going to pick it up and China’s […]
How Does the Trump Trade Affect Bitcoin Markets?
(Crypto News)-24/07/2024Donald Trump is the runaway favorite to win the U.S. elections in November after he survived an assassination attempt on July 13, according to Ethereum-based pollster Polymarket. This is a big deal for the millions of people in the United States who own Bitcoin (BTC) and other cryptocurrencies.Polymarket raised Trump’s chances of victory to 60%, against […]
African blockchain venture funding down 74% in H1 2024
(Coin Telegraph)-17/07/2024Blockchain venture funding in Africa decreased by 74% in the first half of 2024 compared to the same period in 2023. On July 16, Swiss blockchain venture capital firm CV VC released its latest report on African venture funding. Within the report, CV VC highlighted that Africa secured $34.7 million in H1 2024. Compared to 2023, when […]
US military partner Constellation opens Hypergraph network to app developers
(Coin Telegraph)-17/07/2024On July 15, Constellation Network opened its Hypergraph blockchain, created in partnership with the United States military, to application developers at a global hackathon event hosted alongside technology giants IBM and Panasonic.The hackathon marks the debut of Constellation’s “meta graph” application layer, which enables third-party developers to build Web3 applications—or even new layer-1 blockchains—on […]
Tokenized US Treasurys could reach $3B by end of year
(Coin Telegraph)-17/07/2024Tokenized United States Treasurys could reach $3 billion by the end of 2024, showcasing the benefits of financial asset tokenization and its widespread adoption.Tokenized Treasurys would need to grow nearly twofold to reach the $3 billion mark by the end of this year. Reaching the $3 billion mark is possible due to the growing trend […]
Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
(Coin Telegraph)-17/07/2024Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the Binance blockchain […]
EU Stripe clients now have crypto purchasing power: Report
(Crypto News)-17/07/2024The financial services provider Stripe has expanded its cryptocurrency integration into the European market, allowing local customers to buy crypto via credit or debit cards. According to a July 16, report from the Irish Independent, shoppers located within the EU can now buy Bitcoin and many other cryptocurrencies with their credit cards.EU crypto purchasesStripe said online vendors are […]
Fed’s Powell defends central bank independence as challenges loom
(Reuters)-10/07/2024Federal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and politically popular way to achieve the best possible outcomes for the U.S. economy.“The record is pretty clear” that a central bank that operates outside of political factors and direction is “a good institutional arrangement that serves the public well,” Powell […]
US Treasury’s Yellen: inflation will continue to ease over time
(Reuters)-10/07/2024Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time, Treasury Secretary Janet Yellen said on Tuesday, as a top White House adviser cited what she called “tremendous progress” in bringing down inflation.Yellen told the U.S. House of Representatives Financial Services Committee that […]
Swiss price regulator puts UBS under observation
(Reuters)-10/07/2024Switzerland’s consumer pricing watchdog has put UBS (UBSG.S), opens new tab under observation following its takeover of Credit Suisse, the regulator said on Thursday, amid concerns that the market power of the enlarged lender could lead to higher loan charges.The supervisor had met with financial market regulator FINMA, competition authority ComCo and the Swiss National Bank to […]
5 Reasons Why AI Advisors Won’t Help You with Trading
(Crypto News)-10/07/2024The financial sector has been rapidly adopting artificial intelligence (AI) technologies, particularly generative AI and large language models (LLMs), to enhance various aspects of operations and customer interactions.For instance, banks are leveraging AI to automate manual processes, enhance data analysis, and personalize customer interactions, improving operational efficiency and customer experience.Moreover, AI is increasingly used […]
Crypto exploits near $1.4B this year as hackers target CeFi: Report
(Coin Telegraph)-10/07/2024According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is approaching $1.4 billion as centralized exchanges emerge as the new ground zero for exploits. In the second quarter of 2024, total crypto losses exceeded $600 million, marking a 100% increase over the same period in 2023. […]
Bitcoin ‘Power Law’ sees up to 300% BTC price gains by late 2025
(Coin Telegraph)-10/07/2024Bitcoin has three months to go until the bull market resumes — but it can still see 300% gains by 2026.Those are some of the conclusions of fresh BTC price analysis from the pseudonymous engineer known as Apsk32.BTC price “acceleration” not due for at least three monthsIn a post on X on July 9, Apsk32 returned […]