August, 2024

August, 2024

Trump’s transition team signals strong pro-Bitcoin direction, contrasting Harris’ regulatory approach
Former President Donald Trump’s campaign has appointed chairs for the presidential transition team, which is drawing attention for its strong pro-crypto stance. According to an Aug. 16 announcement,...

Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans
MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO reveale...

Germany Federal Office urges use of hardware wallets as crypto theft rises
Germany’s Federal Office for Information Security (BSI) advised crypto users to secure their digital assets with hardware wallets. In the LinkedIn post, the authorities declared hardware wallets the...

Analyst Issues Ethereum Warning, Says ETH Could Be on the Verge of a Correction – Here Are His Targets
A popular crypto trader says a potential chart pattern indicates Ethereum (ETH) could be on the verge of a correction. The analyst Ali Martinez tells his 69,400 followers on the social media platform ...

$100,000 Bitcoin Incoming, According to Glassnode Co-Founders – But There’s a Catch
The co-founders of crypto analytics platform Glassnode predict a six-figure price tag for Bitcoin (BTC) by 2025. In a new thread, Jan Happel and Yann Allemann, who go by the handle Negentropic, tell t...

$18,000,000 Allocated for ‘No Strings Attached’ Guaranteed Income Payments in Major US City
A guaranteed income program on the West Coast is preparing to hand out millions of dollars to support at-risk youth. Los Angeles County’s guaranteed income program Breathe is expanding, set to hand ...

Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June
Crypto exchange Binance is resuming its services in India after complying with the nation’s registration requirements. Late last year, India blocked Binance along with nearly a dozen foreign crypto ...

Former President Donald Trump Owns More Than $1,000,000 in Crypto, Per Financial Disclosure
US Presidential hopeful Donald Trump now owns over $1 million in crypto despite once calling the technology a scam. According to new official financial disclosures from the former reality television s...

Analyst Benjamin Cowen Says Ethereum Primed To Go Up Against Bitcoin – Here’s the Timeline
A closely followed crypto strategist thinks Ethereum (ETH) is gearing up for a massive breakout against Bitcoin (ETH/BTC). Analyst Benjamin Cowen tells his 849,000 followers on the social media platfo...

JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts
JPMorgan Chase is updating its economic outlook amid increasing market turbulence and growing fears of an impending recession. The bank’s global research division says the US economy is showing sign...

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