Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Bitget achieves 45M users in six years, ranking among the top 4 crypto exchanges by trading volume. Significant growth in 2024: Africa (1614%), South Asia (729%), and Southeast Asia (216%). Expanded token offerings and strong social responsibility programs.
TrueX, a non-custodial crypto exchange launched by ex-Coinbase and Goldman Sachs veterans, is now available to US institutional investors. Using stablecoins like PYUSD for settlements, it secured $9M seed funding from RRE Ventures and Solana Foundation.
CEX.IO and @MoneyGram team up to enable seamless, fee-free USDC-to-cash conversions in 152 countries, including Austria and Poland. This service enhances financial inclusivity for users with limited banking access.
Revolut plans to launch its own stablecoin, joining industry leaders like $XRP, @PayPal, and @BitGo. With a market cap of $161.2 billion, stablecoins are gaining traction. This move highlights Revolut’s focus on compliance and security.
EURe stablecoin launches on Noble network, enabling seamless bank-crypto transactions and broad access across the Cosmos ecosystem. Holding 47.8% market share among euro-pegged stablecoins, EURe sets a new standard for digital payments.
U.S. Bitcoin ETFs saw $186.76M inflows on Sept 17, 2024, while Ethereum ETFs faced $15.11M outflows. ETFs like $HODL and $BTCO gained investor confidence. Hong Kong’s Bitcoin ETFs saw a 39 BTC outflow; Ethereum ETFs remained stable.
Binance’s new mini-game, Moonbix, is launching on Telegram to boost crypto adoption. The early reveal has excited the crypto community, aiming to attract newcomers. Former exec Gleb Kostarev highlighted its role in mass digital asset adoption.
Prager Metis fined $1.95M by SEC for negligence in auditing FTX. Firm to pay $745K for inadequate audit and $1.2M for violating independence rules. SEC mandates corrective measures to improve audit practices for cryptocurrency sector integrity.
Crypto firms may exit the US if Kamala Harris wins the presidential election, warns Nansen CEO Alex Svanevik. He notes that Donald Trump is seen as more favorable to the industry. This shift could boost global crypto development.
SIX explores launching a cryptocurrency trading platform in Switzerland, leveraging favorable crypto laws to attract institutional investors in Europe. This move is part of SIX’s broader European expansion strategy.
Vitalik Buterin discusses advancements in Layer 2 networks, wallet security, and decentralized technologies at TOKEN2049. Described blockchain as “digital concrete” and envisions seamless crypto integration in daily life with better security and lower costs.
Arthur Hayes predicts imminent Fed rate cuts impacting crypto markets. Lower rates could decrease T-bill yields, affecting RWAs. Projects like $ETHENA, $PENDLE, and $ETHERFI may see capital inflows. Emerging trends include Ethereum internet bonds and USD/JPY ratio shifts.
Merge Madrid Web3 Conference, Oct 8-10, aims to unite Europe and Latin America, featuring 200+ speakers from companies like @Adidas, @Mastercard, and @Ripple. Highlights include an AI vs. DJ duel and discussions on Web3 payments and blockchain.
Polymarket users foresee a 50% chance of a 50-basis point rate cut in the September 18, 2024, FOMC meeting. $BTC remains stable at $59,113. Lower rates could boost liquidity and demand for cryptocurrencies. Historical data shows a 375% surge in low-rate periods.
