Gary Cardone donated 12.8 Bitcoin ($850K) to Donald Trump’s campaign, highlighting Bitcoin’s role in freedom. This follows a push for clearer crypto regulations amid rising adoption and SEC lawsuits. #Bitcoin #CryptoNews
Tether (USDT) reported $5.2B net profits in H1 2024, fueled by U.S. Treasuries. The company diversifies into Bitcoin mining and AI. New regulations challenge its $114B stablecoin dominance. BDO attestations raise skepticism.
QCP Capital predicts Ethereum ($ETH) will exceed $4,000 by mid-August 2024, amid signs of market resilience and potential Federal Reserve policy easing. $ETH currently trades at $3,320, with a 1.2% daily growth rate.
Investors are eyeing Rollblock, predicting a 50x surge in 2024. Its GambleFi platform disrupts the $450B casino market with 150+ games, no KYC, and a deflationary token model. Current presale price: $0.0175.
99Bitcoins token presale (99BTC) raises $2.5M, introducing a learn-to-earn model. Users earn XP points for courses, convertible to tokens. Experts predict a 10x growth post-IEO, connecting to a $1.3T liquidity pool.
GMX, the on-chain exchange, proposes a new revenue model for its GMX token, replacing ETH buybacks with GMX buybacks to enhance long-term value and preserve real-yield advantages for users. GMX ranks 45th in blockchain revenue.
Fidelity International has listed its Bitcoin ETP on the London Stock Exchange, reducing the management fee from 0.75% to 0.35%. This move highlights the growing demand for digital asset exposure among professional investors.
Cartesi’s Honeypot dApp, launched in September 2023, remains unbroken despite a $1M CTSI reward for exploits. This underscores its security and highlights Cartesi’s commitment to platform safety and innovation. #Blockchain #Security
Donald Trump unveiled $499 Bitcoin-themed sneakers after his pro-crypto speech at Bitcoin 2024. Only 1,000 pairs in ‘Bitcoin Orange’ are available, with plans to transform U.S. crypto policies if elected. #CryptoNews
Elixir Network launched deUSD, a decentralized synthetic stablecoin with $1B liquidity, minted by stETH and sDAI. It integrates with DEXs to boost yields and aims for $300M TVL in the Apothecary program.
Mt. Gox Trustee transferred $2.25B in Bitcoin to BitGo, part of a $9B repayment plan. Bitcoin briefly dipped below $66,000 but recovered. Remaining $3B disbursement will settle over $5.5B in BTC repayments.
The Bahamas enacted the DARE Act 2024, enhancing crypto regulations with stricter exchange requirements and a staking framework. FTX Digital Markets Ltd. allows customers to choose liquidation proceedings by August 16. #Crypto #Update
Riot Platforms increased its Bitfarms stake to 15.9% by acquiring over 10M shares for $159.1M. Shares were bought at $2.48-$2.84 each, while Riot’s stock trades at $10.61 per share. #CryptoNews
The SEC amended its complaint against Binance, removing Solana (SOL) and 10 other crypto assets from securities classification, sparking debate. Experts view this as a litigation tactic, leaving Solana’s legal status uncertain and impacting potential ETF launches.
