Tether Advocates for Decentralized Tech After Global IT Outage
TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized systems....
Tag : Cryptocurrencies
Bitrue Ventures Launches $40 Million Fund to Boost Web3 Startups
TL;DR Bitrue Ventures has opened a $40 million investment fund to support startups in the Web3 space. Selected projects can receive up to $200,000 and...
Solana Will Reach $175 by the End of July, According to Analyst
TL;DR An analyst has forecasted that Solana (SOL) could reach $175 before the end of July, based on bullish technical patterns. Ali Martinez identified a...
Bitget Strengthens its Dominance in the Crypto Market With 38.4% Growth
TL;DR Bitget has experienced a 38.4% increase in its market share, surpassing Crypto.com and Bybit in growth. The exchange’s success is attributed to its strong...
The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that practices...
Polymarket Records Record Trade Volumes Ahead of US Election
TL;DR Polymarket’s Trade Volumes: In July, Polymarket achieved record trade volumes, surpassing $116.4 million, driven by anticipation around the upcoming US presidential election. This exceeded...
Solana Set for Potential Surge to $174 After Identifying Bullish Pattern
TL;DR Ali Martinez predicts Solana (SOL) to surge towards $174 after identifying a “W” pattern on his chart. This pattern suggests a possible trend change...
Bitcoin Will Never Drop Below $60,000 Again, According to Samson Mow
TL;DR Samson Mow, CEO of Jan3 and a prominent Bitcoin advocate, asserts that the cryptocurrency will never drop below $60,000 again. BTC has seen a...
Tether Hires Philip Gradwell as Chief Economist
TL;DR Tether has appointed Philip Gradwell as its new Chief Economist. Bringing with him six years of experience as Chief Economist at Chainalysis and deep...
Spain National Fan Token Plummets After Euro 2024 Victory
TL;DR The Spanish National Team Fan Token (SNFT) fell by 20.10% over the past day, settling at $0.02425. SNFT’s decline reflects the “buy the rumor,...