August, 2024

August, 2024

Tether Treasury’s $1 Billion USDT Mint Spurs Bullish Momentum In Crypto Market
Today, the crypto market is experiencing a strong bullish trend, driven by the latest minting activity from Tether Treasury. According to Lookonchain, Tether Treasury minted another 1 billion USDT on ...

AVAX’s Rollercoaster Ride: A Surge, A Correction, And What’s Next
At the end of 2023, AVAX experienced a dramatic surge, skyrocketing from $9 to $44 in just two months. However, the price has since settled around $20, a level that previously served as resistance. Cu...

EigenLayer’s Rapid Ascent: $12.9B Locked And Counting
EigenLayer is making waves in the DeFi world, with $12.9 billion now locked up—a staggering 11% increase in just a week. The total amount of ETH being restaked has soared to an impressive $14.5 bill...

AAVE Surges Against ETH As Whale Accumulation Fuels Breakout
After nearly 1,000 days of consolidation, AAVE is finally breaking out against ETH, signaling a potential shift in the DeFi landscape. On-chain activity for AAVE has seen a remarkable surge this month...

Metaverse and Play-to-Earn Tokens See Significant Surge In Trading Volume
In the past 24 hours, DAO Maker, Play-to-Earn, and Metaverse tokens have experienced a notable increase in trading volume, with DAR, MBOX, and ALICE leading the charge. This trend continues over the l...

El Salvador launches Bitcoin training for 80,000 public servants
El Salvador’s National Bitcoin Office (ONBTC) has launched a Bitcoin training and certification program for 80,000 public servants. In an Aug. 20 statement, ONBTC confirmed that Bitcoin education is...

Cardano targets Chang hard fork launch next week August 27
Intersect, a Cardano membership organization, has proposed the Chang hard fork for implementation on Aug. 27. In an Aug. 20 post, Intersect explained that its proposal was based on a thorough review o...

Mt. Gox transfers $784 million in Bitcoin, fueling distribution rumors
Quick Take On Aug. 20, Mt. Gox made a significant on-chain movement of 13,265 Bitcoin, valued at approximately $784 million, according to Arkham Intelligence. The transaction occurred at 23:39 UTC, wi...

Billionaire Peter Thiel Proposes ‘Insanely Unpopular’ Measures To Solve $1,500,000,000,000 Budget Deficit
Tech billionaire Peter Thiel is outlining a number of concrete steps that the US government can take to reduce its huge budget deficit. In a new interview on the Joe Rogan Experience podcast, Thiel ta...

Ripple (XRP) Price Regains 22% Losses From July, Aiming for 4-Month High
The Ripple (XRP) price is back above a key resistance level that is known to keep the altcoin consolidated and prevent major corrections. This fills investors with optimism for further recovery, ...

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August