Vitalik Buterin transferred 800 $ETH ($2.01M) to a multi-signature wallet, sparking market speculation. 190 $ETH was converted to 477,000 $USDC, indicating strategic financial moves. Ethereum’s price showed recovery signs, trading at $2,523.59 but struggling above $2500.
USDC surpasses $16 trillion in volume, driven by Solana’s market share. $USDC now holds 50% of stablecoin transaction volume, with $8.29 trillion moving on Solana, eclipsing $USDT on TRON.
Solana’s restaking innovations lead blockchain advancements. Solayer (supported by Binance Labs) secures 1.1M SOL, Jito’s toolkit attracts $1.8B, and Picasso’s Cosmos IBC enables cross-chain restaking. Cambrian enhances modular security for middleware. Read more: hodl.press/solana-restaking-vs-ethereum-key-differences-explained
US PCE inflation steady at 2.5%, sparking optimism for potential Bitcoin ($BTC) and altcoin rally. Stable inflation may lead to favorable conditions as @FederalReserve could ease monetary policy, boosting market liquidity and risk appetite.
Bridge secures $58M from Sequoia Capital and Ribbit Capital to revolutionize stablecoin payments. Aiming to rival credit cards and Swift, the platform partners with SpaceX and Stellar, expanding globally with licenses in 48 U.S. states and Dubai.
Australia’s crypto ATM count surged from 73 in 2022 to 1,162 in 2024, ranking third globally behind the USA and Canada. This growth underscores the country’s robust crypto infrastructure and rising acceptance. More details on @HodlPress.
Crypto analyst EGRAG forecasts $XRP could surge to $27 if it replicates half its 2017 bull run. Key resistance at $0.75 needs to be overcome. Current trends are bearish, with $XRP trading below the Upper Band and 21-day moving average.
Binance expands margin trading pairs for $TON, $DOGS, $JUP, and more, now available on cross and isolated margins. Mixed performance observed, with $APT gaining 4%. This move aims to diversify options and boost liquidity.
WhoMadeWho and Da Capo headline AFTER 2049 at Marina Bay Sands on September 20, capping off the TOKEN2049 conference. Held on the 57th floor, the event features stunning views and an open bar. Tickets sold out, with more available September 12.
Solo miner earns 3.27 BTC ($199,094) on August 29, 2024, with 456 PH/s equipment. Block included 2391 transactions, processed by Solo CK Pool, which solved 14 blocks in a year, earning 59.3 BTC. Energy cost: $250,000.
Elon Musk and $TSLA win dismissal of $258B Dogecoin lawsuit. Court rules no reasonable investor would rely on social media for securities fraud claims. Musk’s tweets deemed harmless, lacking intent or capability to manipulate the market.
Crypto millionaires surge by 111% in 2024: Bitcoin millionaires hit 85,400, total crypto millionaires rise to 172,300. Ultra-wealthy holders grow by 79%, billionaires by 27%. Crypto user base expands 32% to 560M. $BTC $SOL
$IREN reports a record $184.1M revenue in 2024, a 144% increase. Plans to double computing power and expand AI cloud services. Commits to renewable energy for Bitcoin mining.
Ethereum ETFs rebound with $5.9M inflow on Aug. 28 after nine-day decline. $ETHA leads with $8.4M, while $ETHE sees smallest outflow since July. $FETH adds $1.3M. Renewed investor confidence drives positive market sentiment.
