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Bitcoin, Ethereum, and Solana Surge as Traders Navigate Choppy Market
August 8, 2024
The cryptocurrency market has seen a significant uptick with positive moves in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) despite a previously turbulent week. Brighter economic numbers from the U.S. …
Read moreFranklin Templeton’s Blockchain Fund Expands to Ethereum Layer-2 Arbitrum
August 8, 2024
Franklin Templeton has announced the launch of its blockchain-based money-market fund on Ethereum Layer-2 Arbitrum, capitalizing on the growing interest in tokenized funds. The $420 million OnChain U.S. Government Money …
Read moreToncoin Surges 10% Following Binance Listing Despite Market Concerns
August 8, 2024
Binance, the leading crypto exchange by trading volume, has announced the listing of Toncoin (TON) as of August 8th. This listing will introduce several new spot trading pairs for Toncoin, …
Read moreBlackRock's Bitcoin ETF Leads Market Inflows Amidst Volatility
August 8, 2024
Overview of Bitcoin ETF InflowsInvestors in BlackRock's Bitcoin ETF showcased resilience amidst a week of market volatility, driving inflows of $52.5 million into the ETF. This substantial inflow marked a …
Read moreBrazilian SEC Approves Solana-Based ETF
August 8, 2024
The Brazilian Securities and Exchange Commission (CVM) has given the green light to a Solana-based exchange-traded fund (ETF), marking a significant milestone for cryptocurrency investment in the country. The approval …
Read moreFTX and Alameda Slapped with $12.7 Billion CFTC Settlement, Banned from Crypto Trading
August 8, 2024
US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliate, Alameda …
Read moreIMF Acknowledges Progress in El Salvador's Bitcoin Strategy
August 7, 2024
The International Monetary Fund (IMF) has recognized notable progress in El Salvador’s adoption and implementation of Bitcoin as legal tender. While the IMF previously raised concerns about the potential risks …
Read moreRipple Settles with SEC: $125 Million Fine and XRP Surge
August 7, 2024
The long-standing lawsuit between Ripple and the US Securities and Exchange Commission (SEC) has finally reached a conclusion. The court has levied a $125 million fine on Ripple, putting an …
Read moreBitcoin Price Surge Linked to Decline in HODLed Coins
August 7, 2024
Onchain Highlights and Market TrendsDEFINITION: Lost or HODLed Bitcoins indicates moves of large and old stashes.Bitcoin's HODLed or lost coins have displayed notable fluctuations this year. Data from Glassnode shows …
Read moreSolana Price Gains Traction as Meme Coins Surge
August 7, 2024
Solana is showing signs of life in the market, experiencing a surge that indicates further increase potential. The cryptocurrency has undergone a notable upward movement from the $110 mark, creeping …
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