WienerAI, the new AI memecoin, raised $8M in presale with 2 days left to invest. It integrates ChatGPT-like features for fee-free, instant trading. Analysts predict a 10x value increase post-presale, with staking rewards over 120% APY. #CryptoNews
Bitget has integrated The Open Network (TON) into its wallet, enabling trading of native assets and Toncoin (TON) via cross-chain venues. TON mainnet transactions on Bitget Wallet surged, making it the most transacted network on the platform, outpacing Arbitrum and others. #CryptoNews
MarketAcross and Chainlink Labs partner to boost crypto adoption for financial institutions. Key feature: proof of reserve for CETH holders, enhancing transparency and trust. ARKB sees $2.6B net inflows, highlighting growing crypto investment. This collaboration strengthens the crypto ecosystem and encourages institutional involvement.
Rollblock (RBLK) is a trending crypto casino on Ethereum, attracting DOGE and SHIB holders with weekly dividends and staking rewards. Unlike DOGE and SHIB, which are down over 80% from their highs, RBLK offers growth potential and long-term value appreciation.
Bitcoin mining stocks Marathon Digital (MARA) and Riot Platforms (RIOT) surged over 4% as $BTC hit $70,000. Marathon’s revenue jumped to $387M in 2023, while Riot’s reached $72.2M. Both companies hold significant Bitcoin reserves, benefiting from rising prices.
At the Bitcoin 2024 conference, Donald Trump pledged to make the U.S. a mining center if elected. Wyoming Senator Cynthia Lummis proposed buying 1M BTC to strengthen the dollar. MicroStrategy’s Michael Saylor predicted BTC could hit $13M by 2045.
Hamster Kombat’s token HMSTR will debut on OKX’s pre-market futures platform, allowing traders to engage with upcoming tokens before their official launch. The platform offers up to 2x leverage, enhancing liquidity and reducing fees, but comes with risks like lower liquidity and higher volatility.
Donald Trump, at the Bitcoin 2024 conference, pledged to fire SEC Chair Gary Gensler on his first day if elected. Gensler has faced criticism for his tough crypto regulations, leading to prosecutions of firms like Coinbase and Binance.
Bitcoin (BTC) surged to $70,000 on July 27, driven by a 2.6% market increase and historical July trends. Year-to-date inflows exceed $19 billion, fueled by strategic reserve proposals. However, a 35,000-token exchange balance rise raises sell pressure concerns.
The Bank of Russia warns of a 43% rise in Ponzi schemes, with over 3,490 entities reported in H1 2024. Many scams involve memecoins and tap-to-earn games, exploiting viral trends and low entry barriers. 59% accept crypto contributions.
Bitcoin could hit $140,000 in 3-5 months, says Plan B, creator of the stock-to-flow model. This comes as BTC breaks $70,000. Miner revenue has bottomed post-April 2024 halving, leading to increased difficulty and higher S2F ratio. #Update
MicroStrategy (MSTR) stock rose 3% to $1,828 as Bitcoin (BTC) neared $70,000. MSTR has surged 177% this year, outperforming major ETFs. Earnings on August 1 may show $121M revenue. A 10-1 stock split on August 8 aims to attract retail investors.
Kyiv police arrested four men for abducting and murdering a 29-year-old foreigner over nearly 3 Bitcoin. The suspects attacked the victim, coerced him to transfer his crypto, and then strangled him. They later buried the body and converted the stolen Bitcoin into cash.
Crypto chargebacks, especially friendly fraud, are challenging exchanges amid Visa’s new monitoring rules. The volatility of digital assets attracts fraud, increasing costs for platforms. Enhancing communication and using AI for detection are vital for long-term success in the crypto industry.
