Crypto Advisors Unlock New Altcoin Opportunities
The CoinDesk 20 Index introduces caps on major cryptocurrencies, limiting Bitcoin and Ether’s influence to enhance market exposure and reduce asset concentration. #Update #Crypto $BTC $ETH
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S&P Global Acquires OpenZeppelin for Tokenized Finance
@SPGlobal has agreed to acquire @OpenZeppelin, enhancing its digital asset risk assessment capabilities. OpenZeppelin’s library has facilitated over $37 trillion in transactions, vital for evaluating smart contract security. #Update #Crypto $ETH
SEC Launches Innovation Exemption for Tokens
The SEC introduces a temporary ‘innovation exemption’ for tokenized securities, permitting platforms to tokenize real ownership assets while excluding synthetic tokens. This policy aims to facilitate on-chain trading. #Update #Crypto
Zcash Miner Fortitude Launches Nasdaq Deal with Jaime Leverton
@Fortitude has appointed Jaime Leverton as CEO, expanding its focus on $ZEC mining. The company mined 72,696 ZEC in six months and reported $20.9M in Q2 revenue. #Update #Crypto $ZEC
Arc Blockchain Overrun by Memecoins Day One
Day-one DEX volume on @Circle’s Arc reached $82 million, overshadowed by memecoins. The chain operates smoothly, but criticism arises over its focus on meme culture. #Update #Crypto $ARGUS
Bitcoin Optimism Rises Ahead of 2022 Test
Cryptocurrencies rallied after the Federal Reserve’s first interest-rate increase since July 2023, with $BTC gaining nearly 1% and $ZEC surging over 23%. ETF flows show weakness. #Update #Crypto $BTC
Bitcoin Surges After Fed’s First Rate Hike
Bitcoin reached $76,621 (+0.60%) as the Federal Reserve raised rates to 3.75%-4%, while Ether rose to $2,444.36 (+1.1%) and Solana to $100.57 (+2%). #Update #Crypto $BTC $ETH $SOL
Zcash Surges 17% Amid $345 Million Liquidations
$ZEC surged over 17% to nearly $1,358 amid $345 million in liquidations, with shorts losing $208 million. Bitcoin and XRP both rose 1% to around $76,400. #Update #Crypto $ZEC
Bitcoin Faces Rate Hike Challenges Like 2022
The Federal Reserve’s rate hike, driven by persistent inflation and geopolitical tensions, may prolong Bitcoin’s bear market as it nears a year. $BTC #Update #Crypto
XRP Payments Launch in Stripe Developer Kit
Ripple expands its XRP Ledger developer kit to include support for Stripe and Tempo’s Machine Payments Protocol, enhancing AI agents’ ability to transact using $XRP and RLUSD. #Update #Crypto $XRP
Diesel Prices Surge to Record High
U.S. diesel prices hit record highs due to Middle East tensions, impacting $BTC and gold as the Fed raises rates by 25 bps, with further hikes expected. #Update #Crypto $BTC
Zcash Surges 23% Amid Bitcoin Rally
Zcash ($ZEC) surged 23% to $1,369 as Bitcoin ($BTC) rose less than 1% to $76,258; Paradigm’s Matt Huang supports its role as a privacy complement to Bitcoin. #Update #Crypto $ZEC
Goldman Predicts Fed Hike in October
Goldman Sachs now anticipates a Federal Reserve interest rate hike in October, shifting from a September prediction. Bitcoin trades near $76,260, up 0.5%. #Update #Crypto $BTC
Hackers Demand $3 Million in Monero
Hackers demanding $3 million in $XMR from @Revolut threaten to sell stolen customer data after a breach affecting at least 680 accounts. Data includes KYC documents and transaction histories. #Breaking #Crypto $XMR