Tune.FM raises $50M from Global Emerging Markets to enhance JAM token liquidity, combining music streaming with an NFT marketplace. Artists receive micro-payments, and users earn tokens by listening to promoted songs, simplifying blockchain access with auto-created wallets.
Coinbase International Exchange to list $POL and $DOGS perpetual futures on Sept 19. Crypto community anticipates price rallies due to bullish sentiment and previous positive market movements. Advanced trading options expected to boost trading volumes.
Stablecoin usage surges in Brazil, India, and Nigeria, offering reliable financial alternatives. 47% of users hold digital dollars to bypass unstable local banking. Stablecoins settled $2.6T in transactions in H1 2024, enhancing financial inclusion.
Coinbase launches $cbBTC, a wrapped Bitcoin token backed 1:1 by BTC on Base and Ethereum. Supported by DeFi platforms like @Aerodrome, @CurveFinance, @AaveAave, and Maple, cbBTC aims to enhance Bitcoin’s interaction with DeFi applications.
Binance adds Hamster Kombat ($HMSTR) to Launchpool, with farming from Sept 19-25, 2024. 3% of 100B supply distributed: 85% to $BNB holders, 15% to $FDUSD holders. Trading starts Sept 26, 2024, in multiple pairs.
Grayscale Investments launches Grayscale XRP Trust, spiking $XRP by 7%. The trust grants accredited investors access to XRP, crucial for cross-border payments, mirroring other single-asset products. Experts predict an XRP-ETF by 2025.
Ripple Labs mints 90 new RLUSD stablecoins without burning any tokens. Minting on the Ethereum blockchain boosts liquidity. Total RLUSD issuance now at 402 tokens, reflecting increased market activity. Ripple’s strategy shift may provide new market insights.
eToro to halt trading of most cryptocurrencies after SEC settlement, retaining only $BTC, $BCH, and $ETH. Faces $1.5M fine for operating as unregistered broker. Clients have 180 days to sell unsupported assets. @SECGov
Grayscale introduces XRP Trust, causing an 8% spike in $XRP value and sparking speculation on future XRP ETFs. The legal battle between @Ripple and the SEC remains a hurdle. Legislative changes could pave the way for more crypto ETFs.
eToro settles with @SECGov, paying $1.5M for unregistered trading services. U.S. users limited to trading $BTC, $ETH, and $BCH. Investors have 180 days to sell other crypto assets. This sets a compliance precedent for crypto firms.
Bitcoin whales awaken! Two dormant addresses transfer 293 BTC after 11 years, sparking market interest. One whale moved 185 BTC with a $5.92 fee, another 108 BTC for $0.55. Recent whale activity suggests potential market shifts. $BTC
Bitcoin predicted to reach new highs in 2024, says Standard Chartered. Regulatory advancements and Bitcoin ETF investments are key drivers. Market maturity indicates less dependency on political outcomes. Analyst Jeff Kendrick highlights steady regulatory progress through 2025. $BTC
Vitalik Buterin will only endorse Layer-2 $ETH projects meeting high decentralization standards starting next year. Projects must achieve 75% council consensus to override the proof system, with 26% independent members, ensuring network security and user trust.
Santiment highlights $AAVE, $MANA, and $GRT as potential gainers during the crypto market recovery, driven by high short ratios on Binance and recent developments like Aave’s integration of Coinbase’s cbBTC. Mass liquidations could boost prices.
