Grayscale Ethereum ETF outflows hit record low of nearly $40 million cryptobriefing.com 07 August 2024 09:02, UTC Around $40 million exited the Grayscale Ethereum Trust, now trading as an exchange-traded fund (ETF) on August 6, according to data from Farside Investors. This marks the lowest daily outflow since its conversion from a trust last…
How A Multilayered Blockchain Ecosystem Is Fostering Growth forbes.com 07 August 2024 09:03, UTC Blockchain layers are the inevitable result of the shortcomings of legacy blockchains, or Layer 1 platforms as they’ve come to be known. Layer 2 platforms have been a hot property in the sector ever since the Ethereum Foundation began embracing…
Kamala Harris Recruits Advisors With Binance Ties as Crypto Questions Persist decrypt.co 07 August 2024 09:05, UTC As Kamala Harris campaigns for the presidency following President Joe Biden’s decision not to run, her stance on crypto remains unclear, though recent appointments hint at a potential shift towards a more favorable approach. Harris has tapped…
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns coindesk.com 07 August 2024 09:06, UTC BOJ’s Uchida downplayed rate hike concerns amid market volatility. The anti-risk yen slides while BTC and stock futures rise after Uchida’s comments. The renewed risk-on hints at a possible bitcoin death cross bear trap….
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday's Lows coindesk.com 07 August 2024 09:08, UTC Cat-themed token POPCAT and dog-themed WIF jumped 25%, while smaller tokens MUMU and CATDOG were up 30%. The surge in Solana-based tokens contrasted with declines in major memecoins on other blockchains. Memecoins on the Solana ecosystem surged more…
Satoshi-Era Bitcoin Whale Transfers Nearly $14 Million Worth of BTC u.today + 1 more 07 August 2024 09:09, UTC According to data provided by cryptocurrency analytics platform Lookonchain, a miner waller has been activated for the first time in 11 years in order to transfer $13.95 million worth of Bitcoin. The miner earned 250…
Ethereum Core Developer: Crypto Is Casino u.today 07 August 2024 09:12, UTC Ethereum core developer Péter Szilágyi has voiced his frustration with the cryptocurrency industry, describing it as a “casino” where speculative aspects overshadow true value creation. Szilágyi expressed his disappointment, emphasizing that the industry has so far achieved little more than transferring value…
