General category for all types of news related to the cryptocurrency world.
President Biden won’t seek re-election in 2024. Focus shifts to VP Kamala Harris, who remains silent on crypto. Ryan Montoya, her aide, supports blockchain. Gov. @GavinNewsom backs blockchain; Gov. @JoshShapiroPA’s stance is unclear. #Update #CryptoNews
AVAX surged 13% in 24 hours, trading at $32.2 with volume tripling to $829M, following @ChronosWorlds’ announcement of using @Avalanche for its RPG game. This highlights growing blockchain use in gaming. #Update #AVAX $AVAX #CryptoNews
Dogwifhat ($WIF), Helium ($HNT), Core ($CORE), and Pepe ($PEPE) soared over 40% last week, led by $WIF’s 50% surge to $2.56. Bitcoin’s 12% rise to $67,180 has boosted market sentiment from Fear to Greed. #Update
NBA star Scottie Pippen (@ScottiePippen) ignited a crypto debate, asking fans to choose between $ETH and $SOL. His NFT collection’s floor price is $42.13. Solana surged 20.8%, while Ethereum rose 42% YTD, driven by ETF speculation. #Update
Dogwifhat ($WIF), a meme coin on @solana, surged 52% last week, ranking No. 43 among top cryptos. Now priced at $2.58 with a $2.5B market cap, it surpassed the 50% retracement level, indicating potential for further growth. #Update
Bitcoin surged past $66K, boosting the global crypto market cap by 11.95% ($255B). $SOL hit a 6-week high at $172, up 22.35%, and $ZK rose 18.9%, signaling strong buying trends. #CryptoMarket #Update
Tether CEO Paolo Ardoino calls for more investment in decentralized tech after a global IT outage on July 19. The disruption, caused by a technical issue with CrowdStrike’s software, highlights the need for resilient technologies. $USDT @Tether_to #Decentralization
Elon Musk’s post on July 20 spiked the non-playable coin (NPC) by over 32%, pushing its market cap to $195M. NPC, an NFT-meme hybrid, outperformed the crypto market with a 55% rise in 24-hour trading volume. #Update
Web3’s rapid innovation may hinder adoption as 1,000+ blockchains create user confusion. Chain abstraction could simplify interactions and boost mainstream acceptance. Simplifying user experience is key for web3’s growth. #Update #cryptocurrency #blockchain
Dogwifhat ($WIF) surged 58% this week, hitting $2.51 amid speculation about Dogecoin’s integration into social app X’s new payment service. $WIF’s market cap reached $4B, making it the third-largest meme coin. $FLOKI and $PEPE also saw significant gains. #Update
In the week of July 13-20, 2024, 22 crypto projects secured $82.6M in funding. Leading were @Allium with $16.5M and @Chainbase with $15M. Significant investments include Mira’s $9M and Caliza’s $8.5M. Smaller projects like Haruko raised $6M. #Update #CryptoInvestments
BitForex will resume withdrawals after a $56.5M security breach in Feb 2024. Trading, deposits, and new registrations are still on hold. Users with perpetual futures contracts must provide KYC verification. This step aims to enhance platform security and user trust. #CryptoSecurity
Ryan Selkis resigns as CEO of @MessariCrypto after controversial statements about Trump opponents incited backlash. Eric Turner steps in as new CEO. Selkis will stay as a senior advisor. This marks a significant shift in the crypto landscape. #Update #CryptoNews
Indian crypto exchange @WazirX was hacked on July 18, 2024, losing over $230M in assets. Attackers exploited a flaw in Liminal’s multisig wallet, seizing 15,298 ETH, later converted to 59,097 ETH. Forensic teams and law enforcement are investigating, but Tornado Cash and the Lazarus Group complicate recovery. #CryptoSecurity
