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Bitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese yen crisis earlier this month and the Federal Reserve’s statements at the Jackson Hole symposium last week. According to the recent edition of the Bitfinex Alpha report, the Pearson Correlation metric, which measures the relative correlation of bitcoin (BTC) with the S&P 500 and the NASDAQ,...

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Rumble CEO Leaves Europe Soon After Telegram CEO Arrest and French Threats

Arrest of Durov highlights global discussions about tech regulation and free expression. Rumble CEO Chris Pavlovski fled Europe amid fears following Telegram CEO Pavel Durov’s jail in France. Rumble CEO Chris Pavlovski tweeted that he has “departed from Europe” following the arrest of Telegram CEO Pavel Durov in France. Pavlovski’s exit comes as tensions between Rumble and France rise after the latter had threatened the video-sharing network. Rumble CEO Criticizes France’s Actions Pavlovski,...

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Binance to List Eurite (EURI) with Zero-Fee Trading Promotion Starting August 28

Binance, a leading cryptocurrency exchange, is set to list Eurite (EURI) and open trading for new spot trading pairs on August 28, 2024, at 10:00 (UTC). In celebration of this launch, Binance is introducing a zero-fee promotion for trading EURI pairs. It makes this an attractive opportunity for traders. It is also pivotal for EURI as it is one of the earliest EURO stablecoins under the MiCA regulation in the EU and the EEA. EURI Deposits Open Ahead of August 28 Launch on Binance; Withdrawals...

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Legion Raises $2M for Merit-Based ICO Platform

[PRESS RELEASE – Road Town, British Virgin Islands, August 27th, 2024] Legion plans to become one of the first MiCA-compliant CASPs and bring access to early fundraising and token offerings to non-accredited investors. Today, Legion emerges to mark a new era of merit-based on-chain fundraising. According to the team, Initial Coin Offerings (ICOs) revolutionized how blockchain projects fundraise. They offered equal opportunity to participate in the early stages of new...

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