BingX launches a pre-market trading feature, starting with $HMSTR and $CATI, enhancing liquidity and price discovery. Users can choose orders via an over-the-counter platform. Chief Product Officer Vivien Lin highlights ongoing innovation for 10 million global users. #CryptoTrading
Shiba Inu ($SHIB) sees a notable spike in investor optimism with a 122.54% increase in burn rate, burning 140.74M SHIB last week. Supply now at 589.27T SHIB and price rose 2.57% to $0.00001719. SHIB futures open interest up 14.36% to $40.96M. #ShibaInu
Vitalik Buterin addresses Ethereum’s ($ETH) decentralization concerns after team leader Péter Szilágyi’s comments. Buterin refutes centralization claims, citing efforts to minimize it via new mechanisms like Orbit. Szilágyi worries PeerDAS upgrade could exclude home stakers. Decentralization remains a core focus. #EthereumUpdate
Solana ($SOL) surpassed Binance Coin ($BNB) in market cap on July 27, reaching $85.5B driven by a price surge to $184. Solana leads DeFi with $2.19B in Total Value Locked and has surpassed Ethereum in DEX trading volumes. #CryptoNews
VanEck teases a spot $SOL ETF as Solana surpasses Binance Coin to become the 4th-largest cryptocurrency by market cap. SOL’s market cap milestone is significant, marking the first time in four years it has overtaken $BNB, with a 35% price surge in two weeks. #CryptoNews
Michael Saylor, co-founder of MicroStrategy, predicts Bitcoin ($BTC) could reach $13M by 2045, potentially hitting $49M in an extended rally. Saylor’s confidence is backed by MicroStrategy’s 226,331 tokens, currently worth $15B. Bitcoin’s price stands at $68,010, reflecting market optimism. #Bitcoin
Grayscale Investments has secured SEC approval for its new Grayscale Bitcoin Mini Trust ETF, launching next Wednesday. With a low fee of 15 basis points, it offers a cost-effective alternative to the Grayscale Bitcoin Trust (GBTC), making crypto investments more accessible. #CryptoNews
Laser Digital, part of Nomura Holdings Inc., will launch a high-yield Ether ETF with staking options by early September. Partnering with @GalaxyDigitalHQ and Dinero, this ETF targets institutional investors, offering both Ether price appreciation and staking yields. #Crypto #Ethereum
Sen. Elizabeth Warren warns of foreign crypto miners, including Chinese entities, spying on U.S. military bases and risking national security. She calls for stricter oversight and anti-money laundering measures. One example: MineOne Partners Ltd., banned from land near a Wyoming base. #NationalSecurity
Curve Founder Defends DeFi Amid Memecoin Mania: In an exclusive interview, Curve’s Michael Egorov argues that DeFi is more innovative than memecoins. He cites ongoing projects like Pendle and Ethena, and emphasizes DeFi’s potential to tokenize real-world assets, projected to hit $30 trillion by 2034. Despite memecoin hype, Egorov reinforces DeFi’s long-term value and innovation. Read more
VanEck CEO Jan van Eck likens Bitcoin to gold, emphasizing its role in financial freedom at the 2024 Bitcoin conference. Predicts BTC could reach $2.9M by 2025, driving 5% of domestic and 10% of global trade. He personally invests 30% in BTC. #Bitcoin
? The Michigan Pension Fund invests $6.6M in the ARK Bitcoin ETF, joining a growing trend of pension funds embracing crypto. Bitcoin’s price surged 5% to $67,690, with $75B inflows into the U.S. Spot BTC ETF. Institutional interest in digital assets is on the rise! #Crypto
ArbitrumDAO considers expanding Orbit Chain beyond Ethereum to Bitcoin, Binance Smart Chain & Cosmos. 99.8% of ARB token votes support the proposal. Voting ends July 31. #Crypto #Blockchain
In a CNBC interview, @Scaramucci urged bipartisan support for Bitcoin regulation, warning against anti-crypto approaches. Major market shifts, like $9B Bitcoin sales by Germany, highlight the need for clarity. Upcoming @Bitcoin2024 with Trump could further legitimize Bitcoin. #CryptoNews
