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.
SunPump surpasses Pump.fun, generating $560K daily revenue and launching 7,531 new tokens, compared to Pump.fun’s $368K and 6,941 tokens. SunPump’s consistent growth signals potential market dominance amid TRON network’s evolution and the expanding meme token ecosystem.
$COIN and $XRP invest $100M in 2024 U.S. elections. Fairshake PAC receives $90M from Coinbase and Ripple, $44M from a16z founders. Crypto firms surpass Big Oil in political spending, achieving outcomes in 36 of 42 cases.
MakerDAO introduces NewStable and NewGovToken to upgrade $DAI and $MKR. NewStable and DAI coexist with a 1:1 conversion rate, targeting different use cases. NewGovToken enhances community participation with a 1 MKR to 24,000 NGT exchange rate.
Bybit lists the $DOGS token, based on the TON blockchain, offering promotions with a prize pool of 3,410,000,000 DOGS. With a user base now over 40M, Bybit’s campaign highlights its market influence and commitment to innovation.
BSX raises $6.2M to expand blockchain-based derivatives platform. Key investors include @blockchaincap, @BanklessHQ, and @coinbase private investors. Funds will add staking functionality and launch an L3 network in Q1 2025. $BSX achieves $4B in trading volume.
$BTC OTC market balance surged 70% from June to August 2024, reaching 368,000 BTC. Analysts warn of potential price corrections. Miners prefer OTC to avoid market impact, contributing to the spike. $BTC traded at $60,800 with 4% weekly growth.
Grayscale Investments has launched the Grayscale Avalanche Trust, an ETF focused on $AVAX, now available to accredited investors. Following the announcement, $AVAX surged nearly 5%. This addition expands Grayscale’s portfolio to over 20 crypto-asset funds.
Bitcoin’s market dominance surges to 78.5%, outpacing Ethereum at 19.7%, fueled by speculation around a spot Bitcoin ETF. CryptoQuant experts note a shift in investor preference towards Bitcoin, with its dominance rising to 57% from 51-52% earlier this year.
65% of Ukrainians see cryptocurrencies as key to future economic growth, with 70% using crypto for international transfers. Over 50% report improved financial discipline, highlighting crypto’s broader impact. $BTC $ETH @Binance @Ukraine
An anonymous Bitcoin whale transferred 142.59 BTC ($8.45M) after 11 years of dormancy. The original acquisition was in 2013 when BTC was ~$550. Transaction fee: $0.68. Current BTC value: ~$61,000.
Ex-FTX Bahamas CEO Ryan Salame seeks to revoke his guilty plea, alleging prosecutors breached their agreement by continuing to investigate his partner, Michelle Bond. Salame, sentenced to 7.5 years and fined $11M, claims coercion. $FTX #CryptoNews
Justin Sun withdrew 12,000 BTC ($730M) from USDD reserves without TRON DAO approval, raising transparency concerns. The reserve now holds mostly TRX and USDT, shifting away from Bitcoin. This move questions USDD’s governance and reliability.
Institutional Bitcoin ETF investors surged 14% in Q2 2024, with assets under management rising to $11 billion, per @BitwiseInvest. Notably, Goldman Sachs invested $418M in spot Bitcoin ETFs, highlighting growing mainstream financial interest. $BTC
GenLayer secures $7.5M in seed funding led by North Island Ventures to develop an AI-powered Intelligent Blockchain. Funds will support the first AI-driven smart contracts, with a testnet launch expected by the end of 2024. #Blockchain #AI
