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WazirX initiates phased INR withdrawals, unlocking 33% of balances. @NischalShetty targets two weeks for the next phase, aiming to release another 33%. Withdrawal fees cut from INR 25 to INR 10 to ease the process.
Semler Scientific ($SMLR) acquires 83 more BTC, boosting its total to 1,012 BTC worth $68M. Funded by operational cash and equity program, this move underscores rising institutional interest in Bitcoin.
“XRP Unleashed,” a documentary by Fruition Production, premieres on Amazon and Apple TV this November, bypassing traditional media channels. It includes extensive research and interviews with key crypto figures, although Ripple’s CEO declined participation.
Crypto trader nets $606K with $REDO, achieving 12x return amid Telegram CEO Pavel Durov’s arrest. Other gains include 35x on $TINU. Legal scrutiny casts uncertainty on $TON ecosystem, highlighting high-risk, high-reward potential in crypto markets.
Binance lists $EURI, a MiCA-regulated EURO stablecoin, with zero trading fees on EUR/EURI and EURI/USDT pairs starting August 28, 2024. EURI ensures transparency and security, boosting liquidity and market adoption in Europe. Withdrawals start August 29.
Bitcoin ($BTC) may surge in Oct 2024, driven by a 6-month consolidation, historical re-accumulation patterns, and rising institutional interest. Key level: $62,800. Investors should monitor economic indicators and resistance levels closely. @RektCapital insights align with post-halving trends.
French police detain Telegram CEO Pavel Durov, reigniting rumors of Apple removing Telegram from its App Store. Apple confirms no plans to remove Telegram, citing a 2021 post. Toncoin price drops 20% but starts to rebound.
@justinsuntron unveils TRON’s Proposal No. 92, boosting the energy cap to 120 billion to enhance $TRX transactions and cut gas fees. $TRX price jumps 22%, overtaking $ADA. SUNDOG leads TRON’s meme coin rally with a 214% surge.
Ethereum ($ETH) may surpass Bitcoin ($BTC) in market cap by 2028, says 1confirmation founder Nick Tomaino. Described as “digital oil,” $ETH’s role in decentralized apps and smart contracts is drawing increased institutional interest. Recent 4.5% gain suggests growth potential.
Bitcoin ($BTC) surged past $64,000 after Fed Chair Jerome Powell hinted at rate cuts. Robert F. Kennedy Jr. endorsed Donald Trump, boosting his campaign. A US judge denied Kraken’s motion to dismiss an SEC lawsuit, stirring diverse reactions.
FTX’s restructuring plan faces significant legal challenges despite 95% creditor support. U.S. Trustee Andrew R. Vara and creditor rep Sunil Kavuri criticize legal protections and advocate for in-kind repayments. Key hearing set for October 7, 2024. @FTX_Official
Ethereum Foundation transferred 35,000 $ETH ($94.07M) to Kraken for treasury management due to regulatory delays in fiat conversions. Despite concerns, $ETH price rose 4.5% to $2800. Foundation holds $840M in reserves, emphasizing transparency for future stability.
Vitalik Buterin announces no single execution client exceeds a 66.6% market share on the $ETH network, reducing supermajority risk. Upcoming Pectra and Fulu-Osaka upgrades aim to enhance performance and security, bolstering Ethereum’s robustness. @VitalikButerin
Bitcoin ETFs saw a record weekly inflow of $506M, with no outflow days. Major contributions came from @BlackRock and @Fidelity, including a $252M single-day inflow on Aug 24. Meanwhile, Ethereum ETFs faced $44.5M in outflows.
