? The @arbitrum community is set to vote on an $ARB staking proposal to boost token utility and governance. The plan includes introducing stARB for auto-compounding and DeFi integration, aiming to enhance network security and address limited current use. #Crypto #DeFi
Coinbase opposes CFTC’s proposed ban on political event betting, citing potential harm to the broader prediction market. Polymarket users have wagered $560M on the US presidential race. Regulatory shifts could reshape prediction and crypto markets. #CryptoRegulation
VanEck and @Coinbase blame SEC regulations for rising Bitcoin ETF borrowing costs, citing capital inefficiencies and higher expenses. They call for solutions like short-term borrowing facilities to ease financial strain. $BTC #CryptoNews
Source: https://coingape.com/vaneck-coinbase-execs-blame-sec-for-surge-in-bitcoin-etf-driven-borrowing/
Bitcoin ETFs see $193M inflow, led by BlackRock’s $BTC with $157.6M. Meanwhile, Ethereum ETFs face a $3M outflow, with Grayscale’s $ETHE losing $19.8M. #CryptoMarket
SoundHound acquires Amelia AI for $80M, enhancing its conversational AI capabilities. Q2 2024 revenue hits $13.5M, up 54% YoY. Targets $150M revenue by 2025, with $45M from Amelia AI. #ArtificialIntelligence $SOUND
Vitalik Buterin’s 200 $ETH transfer sparks market speculation. Ethereum price surged 8.85% to $2,657.16 amid major transactions and upgrades. 206,000 ETH options set to expire, representing $560M. Market watches closely. @VitalikButerin @ethereum
Grayscale bullish on $BTC and $ETH amid macro shifts. Report suggests Bitcoin could hit all-time highs if US avoids recession. Institutional investors and upcoming elections boost market sentiment. Read more: https://coingape.com/grayscale-turns-more-bullish-on-bitcoin-and-ethereum-heres-why/ #crypto #Bitcoin #Ethereum
47 crypto firms, including $BNB and $BFX, apply for licenses in Turkey. Big names like $COIN and $BYBIT yet to apply. Turkey proposes a 0.03% crypto tax, finalizing regulations soon. #CryptoRegulation
OKX CEO warns users of potential account closures if interacting with sanctioned entities Garantex and Tornado Cash. $OKX emphasizes compliance and security after a recent $11M hack. #CryptoSecurity
Terra Luna Classic community approves Tax2Gas upgrade from Genuine Labs, streamlining tax calculations for developers. $LUNC price rises 6%, now at $0.000071 amid broader crypto market recovery. Could this push LUNC to $1? #CryptoNews
Bitcoin ($BTC) surged 20% to $61K, Ethereum ($ETH) jumped 10.7% to $2.7K ahead of major options expiry. 32,000 BTC and 206,000 ETH options set to expire. Macroeconomic factors crucial for future trends. #CryptoMarket
Ethereum Developers Discuss Key Pectra Upgrade Insights: Transition to yamux Multiplexing, client bug fixes, and EIP 7688 debate. Weekly meetings to enhance coordination. $ETH focuses on stability and scalability. #BlockchainTech
Fed accuses $CUBI of AML violations, mandates revised client verification and oversight plans. Experts suggest broader strategy against crypto-friendly banks. Customers Bank vows to enhance crypto risk management. #CryptoRegulations
Tether ($USDT) to double its workforce to 200 by mid-2025 amid recession fears, following a $5.2B profit in H1 2024. Crypto firms like Coinbase, Binance, and Crypto.com are also hiring, indicating a reversal in industry layoffs. #CryptoNews
