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Read More »Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK
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Read More »ARK Invest Offloaded $14.8 Million Worth of Coinbase Shares
ARK Invest sold 69,069 Coinbase (COIN) shares last Thursday, worth $14.8 million, before the exchange released its second-quarter earnings report. ARK’s selling activity on August 1 exceeded the amount of COIN ARK it has divested in the past two months. The firm sold $2.88 million of the shares in June and $7.93 million in July. What it sold last Thursday is part of two ETFs it offers—the Next Generation Internet ETF (ARKW) and Fintech Innovation ETF (ARKF). The investment company has strict...
Read More »Blast-based USDB Stablecoin Loses Dollar-Peg by 6% amid Crypto Market Selloff
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Read More »Coinbase Calls Campaign Finance Violation Accusation Misinformation
Coinbase’s chief legal officer, Paul Grewal, has claimed that claims of the exchange breaking campaign finance laws are false, calling it misinformation. It recently donated $25 million to the Fairshake super political action committee (PAC) in May 2024. Grewal wrote on X about the accusation, “Whether intentional or not, this is misinformation. Coinbase is not a federal contractor under the plain language of 11 CFR 115.1. USMS isn’t paying us with appropriated funds—something it made clear...
Read More »Analysis Suggests BTC Is Poised for Short-Term Rebound after Overselling
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Read More »Aave Protocol Largely Withstands Crypto Market Stress, AAVE Price Down Over 26%
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Read More »Kamala Harris Needs to Come Up with a Crypto Strategy, as Trump Goes Pro-Bitcoin
Vice President Kamala Harris faces increasing pressure to clarify her stance on cryptocurrency as the 2024 election approaches or risk losing the crypto industry’s support to former President Donald Trump. A new report from the Official Monetary and Financial Institutions Forum (OMFIF) underscores the urgency for Harris to engage with the crypto community more effectively. Democrats Urge Party to Embrace Crypto and Blockchain Trump has gained favor within the crypto community by promising...
Read More »National Bitcoin Conference in Nashville, US Politicians Go Positive on Digital Gold
On July 27, the world’s biggest Bitcoin conference of the year kicked off at the Music City Center in Nashville. Thousands of attendees lined up, enduring multi-hour waits to get through Secret Service security and into the highly secured main floor. The anticipation was deep as former President Donald Trump was set to speak about what a second term might mean for Bitcoin. The giant of the crypto world, Bitcoin, is also known as “Digital Gold” due to its high value. Attendees, sporting “Make...
Read More »Bitcoin Faces Potential Fall Despite US Economic Uncertainty and Market Shifts
Bitcoin’s recent declines may signal a deeper downturn due to US economic concerns Recent price rally halted by weak ISM index and Fed’s dovish outlook. The cryptocurrency research group 10X Research predicts that the recent declines in the price of Bitcoin could be the start of a more serious decline, citing an upcoming economic storm and the asset’s separation from the stock market. Despite a strong start to the week marked by interest in Bitcoin ETFs from three major US pension funds and...
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