Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy. Coinbase Publishes Q2 2024 Earnings and Shareholder […]
Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end of 2025, and $23,549 by 2030. These projections highlight the anticipated impact of institutional factors such as ethereum exchange-traded funds (ETFs). Survey Predicts Strong Future […]
Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the dollar off the gold standard and the education system for not teaching about money. Kiyosaki also noted former U.S. President Donald Trump’s endorsement of bitcoin […]
Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative initiatives, as indicators of a potential market shift and significant upside for bitcoin investors. Bitwise CIO Matt […]
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing the purchase of 1 million bitcoins and ensuring robust […]
Hamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution
Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated development roadmap. Through social media, the project revealed that, due to players’ contributions to its success, it has allocated 60% of its upcoming airdrop for community distribution. Hamster Kombat Updates Roadmap, Discloses Community Distribution […]
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years. […]
SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io’s decentralized governance and community autonomy. By expanding the real-world use cases of the SUN token, SUN DAO will support the development and […]
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP Accounts Align With Bank’s Vision Commercial Bank of […]
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s […]
