August, 2024

August, 2024

Grayscale unveils MakerDAO-focused trust, enhancing DeFi access for investors
Grayscale has launched a crypto investment trust fund for MakerDAO, according to an Aug. 13 statement shared with CryptoSlate. This fund, named the Grayscale MakerDAO Trust, will give investors direct...

Polymarket betting markets return 455% on Trump’s interview with Musk
Polymarket betting markets have surged with activity centered around Donald Trump’s return to the social media platform X, formerly Twitter. These markets allow participants to wager on various outc...

Bitcoin makes DeFi leap with Tap Protocol’s native swap innovation
Tap Protocol has achieved a major milestone by executing the first Bitcoin-native swap directly on Bitcoin Layer 1, according to an Aug. 13 statement shared with CryptoSlate. This breakthrough is a la...

Binance US and CoinMarketCap face renewed class-action in alleged Hex token manipulation
A US appeals court has partially overturned the dismissal of a class-action lawsuit against Binance.US, the United States subsidiary of the global Binance exchange, according to an Aug. 12 court filin...

Metaplanet buys additional 57.1 BTC in pursuit of Asia’s top Bitcoin firm title
Japan-based Bitcoin investment firm Metaplanet said it purchased 57.1 BTC for 500 million yen, equivalent to $3.3 million, according to an Aug. 13 statement. This purchase bolsters the company’s Bit...

Analysts debate ETF influence on Bitcoin suggesting $20k price without $17 billion inflows
Quick Take Bitcoin ETFs have garnered significant attention in 2024, amassing over $17 billion in net inflows. Senior Bl...

Ro Khanna hints at ‘positive’ Democrat crypto regulation update after high-profile meetings
Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna expects the Biden administration to release a crypto regulation roadmap “in the coming weeks” following recent discussions between th...

Ethereum ETFs mark pivotal moment as Grayscale’s ETHE halts outflows
Quick Take Data from Farside highlights inflows for the Bitcoin ETFs on Aug. 12, with $27.8 million flowing into various...

$35,000,000,000,000 US Debt Is Now ‘The Biggest Short’ According to Macro Guru Luke Gromen – Here’s Why
Veteran macro investor Luke Gromen warns holders of US Treasuries that their investments will likely turn out to be unprofitable. In a new interview with Nicole Shanahan, Robert F. Kennedy Jr.’s vic...

Bitcoin Can Resist the ‘Wrath of God’ Says Tether CEO Paolo Ardoino – Here’s What He Means
Tether chief executive Paolo Ardoino thinks geopolitical tensions and macroeconomic trends are going to increase the importance of scarce assets like Bitcoin (BTC) and gold. Ardoino says in a new int...

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