Aave Founder Sells $6.67M in AAVE Amid Price Surge
TL;DR Aave founder Stani Kulechov sold 55,596 AAVE tokens valued at $6.67 million. The cryptocurrency has seen a 66% increase in price over the past...
Tag : Cryptocurrencies
Bear Market Ahead? Uncertainty Among Investors
TL;DR Bitcoin (BTC) and Ethereum (ETH) are experiencing a significant drop, causing uncertainty and speculation about a possible “bear market.” Bearish market mentions are increasing,...
Bitcoin’s Market Dominance Soars to 60%: What It Means for Altcoins
TL;DR Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 bear...
Saga Mobile Launches Solana Validator, Strengthening Its Leadership in Mobile and Web3
TL;DR Saga Mobile launches a validator on the Solana network in collaboration with Phase Labs and the Solana Foundation. The initiative seeks to strengthen the...
Market Bets $11 Million on Fed Rate Cut for September 2024
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
Charles Hoskinson Plans to Launch a Decentralized Social Network to Defend Free Speech
TL;DR Cardano founder Charles Hoskinson plans to launch a decentralized social network to promote freedom of expression. The network will use blockchain technology to avoid...
Spot Bitcoin ETFs Record Third Day of Net Outflows
TL;DR Bitcoin spot ETFs recorded a net outflow of $71.73 million on August 29. BlackRock’s IBIT experienced its first net outflow since May. Total trading...
Ripple Faces New Criticism Over XRP Holdings: CTO Responds to Allegations
TL;DR The XRP community has raised questions about Ripple’s management of XRP, accusing its leaders of seeking personal gain by reducing holdings. Ripple CTO David...
Crypto.com Unveils Global Retail Services from Dubai Hub
TL;DR Global Retail Services Launch: Crypto.com has launched global retail services from its Dubai hub, enabling seamless deposit and withdrawal capabilities for users in over...
Ethereum ETFs End Nine-Day Outflow Streak
TL;DR Ethereum spot ETFs have recorded a net inflow of $5.8 million, ending a nine-day streak of net outflows. BlackRock’s ETHA ETF leads the inflows...