$300B plunge: Largest 3-day wipeout for crypto in a year
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a...
Day: 4 August 2024
2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank
Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano...
Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
ZKX Shutdown: Amber Group Slams the Protocol’s Lack of Transparency
Amber Group has criticized ZKX protocol’s abrupt decision to cease operations, stating that it sets a concerning precedent. Hashkey Capital,...
Macroeconomics Expert Predicts Hard Landing for US Economy
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In...
Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes
The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over...
Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.
Dogecoin Core reproducibility update ‘imminent’
The Dogecoin Core client is essential for several functions, including participating in the network and validating and relaying transactions.
Nigeria Acts to Stabilize Currency with Forex Auction
The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange auction system as part of efforts to ease pressure...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC...
Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review
The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking...
Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company
Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America...
Blockchain and Nation-State Infrastructure: Why Bother?
We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street...
