August, 2024

August, 2024

Ethereum ETFs register two consecutive days of inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) registered $98.4 million in inflows on Aug. 6, the second largest inflow since the funds began trading in July, based on Farside Investors’ data. Not...

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed intentions to add the SOL token as a backing asset for the stablecoin, according to an Aug. 7 statement. ...

Trump election odds fall to 51% on Polymarket after Harris reveals running mate
Republican presidential candidate Donald Trump’s chances of winning the 2024 US Presidential Election have declined on Polymarket, marking their lowest level since May. The former President’s prob...

Sharp decline in HODLed Bitcoin as price reached $70,000
Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicates moves of large and old stashes. Bitcoin’s HODLed or l...

Binance Labs Announces New Investment in Solana (SOL) Staking Protocol
The venture capitalist branch of the world’s largest crypto exchange platform by volume is announcing a new investment into a Solana (SOL) staking protocol. In a new blog post, Binance Labs says it�...

Crypto Strategist Says Bitcoin Might ‘Speed Run’ Recovery and Rally As Fast as BTC Crashed
A widely followed analyst believes Bitcoin (BTC) will spark a furious rally to regain all of its losses over the past week. Pseudonymous analyst The Crypto Dog tells his 806,500 followers on the socia...

‘Another Major Run’ Coming for One Crypto Sector, According to Analyst – Here’s His Forecast
A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on the social...

Donald Trump Reiterates That the US Government Shouldn’t Be Selling Its Bitcoin (BTC)
Former President Donald Trump has reiterated that he doesn’t think the US government should be selling its seized crypto. The Republican nominee shared his thoughts on crypto during a livestream int...

Crypto Giant Grayscale Launches New Trusts for Bittensor (TAO) and Sui
Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asse...

‘The Printer Cometh’ – Bitwise CIO Matt Hougan Says He’s Betting on Crypto Reversal After Market Crash
Bitwise’s Matt Hougan says that the recent crypto market correction is reminiscent of March 2020 – a big opportunity for bulls. Hougan says on the social media platform X that the Covid-induced cr...

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November