Movement Labs partners with Polygon Labs to enhance blockchain interoperability, unifying liquidity across MoveVM-based chains, AggLayer-connected chains, and Ethereum. The public testnet launch secured $160M in TVL, led by Solv Protocol and 280 Capital.
H.C. Wainwright & Co analysts are bullish on Bitcoin, driven by institutional support and political promises, including a $12B government reserve proposal by Trump and mining leadership plans, with predictions of $49M per BTC by 2045.
Movement Labs partners with Polygon Labs to integrate AggLayer, enhancing blockchain interoperability. The public testnet launch secures $160M TVL, led by Solv Protocol and 280 Capital. AggLayer unifies liquidity across networks using Celestia’s data layer.
Crypto investigator ZachXBT linked hacks of Sydney Sweeney and Bob Odenkirk’s accounts to convicted hacker Gurvinder Bhangu. The scams generated $530,000, highlighting the rising trend of targeting celebrities for crypto fraud.
Bitcoin (BTC) forms a bullish cup and handle pattern, signaling potential breakout past all-time highs. This could trigger a significant altcoin surge, marking a pivotal moment for the entire cryptocurrency market. #CryptoNews
HashKey Global has launched perpetual contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX), offering up to 10x leverage and a capped funding rate. The platform also gained regulatory approval for Bitcoin and Ethereum futures trading from the Bermuda Monetary Authority.
Justin Sun, founder of Tron DAO, unstaked 1,768 ETH ($5.9M) from Lido and moved 810 ETH ($2.7M) to Poloniex. This comes as Ethereum ETFs face major outflows, raising concerns about Ethereum’s market stability. ETH remains stable between $3,300 and $3,400.
Atsuko Sato, owner of Dogecoin mascot Kabosu, has adopted Shiba Inu Neiro, who faced harsh conditions. Sato condemns unauthorized meme coins, supporting only the @ownthedoge project. Kabosu’s legacy endures, despite her passing in May 2024. Neiro, 10, weighed just 7 kg when adopted.
A developer turned a $552 investment in NEIRO memecoin on Solana into $2.85 million, achieving 5169% growth. They sold 68M tokens for 15,511 SOL, showcasing the profit potential in memecoins. NEIRO’s name comes from a dog adopted by Dogecoin’s symbol owner.
Brett (BRETT), the largest meme coin on Base Blockchain, surged over 12% to $0.1395. Its market cap exceeds $1.38 trillion, ranking it 71st among cryptocurrencies. Despite gains, BRETT is down 27.8% from its all-time high. #CryptoNews
Blockchain platform Casper Network faced a significant security breach on July 27, 2024, leading to a precautionary halt of operations. Despite this, CSPR trading continues on exchanges, though at a 15% decline. The breach underscores ongoing crypto platform vulnerabilities. Updates are forthcoming.
? 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
Cosmos Hub proposes to transfer 1M ATOM to liquidity protocol Hydro. 500K ATOM will seed a liquidity pool, while the other half will be staked with Stride. This move aims to boost liquidity ahead of Hydro’s launch. #Update #CryptoNews
AAVE, the native cryptocurrency of @AaveAave, surged past $100, trading 12% up at $100.27 with a market cap of $1.49B. The boost follows a new governance proposal to introduce a fee switch and token buy-back program, potentially generating $60M annually for holders. #CryptoNews
