Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too.
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‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.
UAE residents can now trade crypto directly with their bank accounts
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market.
SEC likely still believes SOL is a security, say crypto execs
Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet.
Spot Ethereum ETFs flip positive after $34M inflow on July 30
Daily flow into Ether ETFs has turned up positive for the first time since launch day, reversing a trend of outflows that saw $547 million leave the funds over the past four days.
$99 AI necklace puts a ‘friend’ around your neck
The tech entrepreneur who built a COVID-19 tracker as a teen in 2020 has now launched a new AI-powered necklace to combat loneliness. Some say it feels more like an episode of Black Mirror.
Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year.
DraftKings kills NFT business, citing 'legal developments’
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities.
Starknet-based ZKX protocol shutters, blaming lack of users
The protocol's founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector.
Women in crypto earn 15% more than men: Pantera Capital survey
Women comprise a larger proportion of mid-level and senior positions compared to entry levels, which are dominated by men, Pantera’s researchers said.
Judge grants ex-FTX exec’s request to postpone reporting to prison
Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite.
Why is ETH demand lacking post-Ethereum ETF?
ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.
Wemix.fi suspends lending amid stablecoin liquidation issues
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.
Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000.
SEC Charges BitClout founder Nader Al-Naji with fraud
The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family members.
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company's new blockchain network, Blackbird Flynet.
Solana price rallies to $193 but is it SOL’s local top?
Solana price has been on a tear lately, but critics say the network’s dependency on memecoins are a warning sign to keep an eye on.
California DMV building blockchain on Avalanche for title transfers
The DMV has successfully digitized 42 million car titles on the Avalanche blockchain.
Bank of England to experiment with wholesale CBDC, synchronization
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.
3 Ethereum price metrics point to further downside in ETH
ETH’s price continues to underperform Bitcoin’s price, and the downside is set to continue.