Advertisements Pertsev sought bail to allow him to prepare for his appeal to the verdict in May which found him guilty of money laundering. Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews. Pertsev’s lawyers were seeking bail to allow the Russian toContinue reading “Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court”
Category Archives: Finance
Spain National Fan Token Slides 20% After UEFA Euro 2024 Win
Advertisements Fan tokens are known to see anticipatory gains and post-tournament losses. Spain is reveling in the UEFA 2024 soccer championship victory, but the national team’s official cryptocurrency, the Spain National Fan token (SNFT), is unenthused. On Sunday, Spain defeated England in the finals of the UEFA tournament, clinching a record fourth European Championship titleContinue reading “Spain National Fan Token Slides 20% After UEFA Euro 2024 Win”
Staked Ether Close to All-Time High as ETF Approval Nears
Advertisements Polymarket bettors give a 90% chance that ether ETFs will be approved by July 26. As an ether (ETH) exchange-traded fund (ETF) moves closer to reality in the U.S., the amount of ether staked is nearing a record high, keeping the circulating volume in check even though the total amount of ETH is growingContinue reading “Staked Ether Close to All-Time High as ETF Approval Nears”
ARG Token Doubles as Argentina Enters Copa America Final
Advertisements The Argentina Football Association’s ARG is the largest soccer fan token by trading volume, according to CoinMarketCap. Defending champions Argentina advanced to the finals of the Copa America soccer tournament on Tuesday, more than doubling the market value of the country’s fan token, ARG. According to data source CoinMarketCap, the price of the ArgentinaContinue reading “ARG Token Doubles as Argentina Enters Copa America Final”
Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
Advertisements The broker initiated coverage on miners Iris Energy and Core Scientific with outperform ratings. Bitcoin (BTC) miners are attractive partners to help build artificial intelligence (AI) data centers, due to their available power supplies and operating capabilities, broker Bernstein said in a research report on Tuesday. Recent AI deals including Core Scientific’s (CORZ) 12-yearContinue reading “Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein”
MetaMask Developer Consensys Releases New Toolkit for ‘Seamless Onboarding’
Advertisements The Delegation Toolkit will allow for instant user onboarding without needing to interact with a traditional wallet, in addition to eliminating “user friction completely,” meaning no pop-ups or confirmations when switching between a decentralized application and wallet. Consensys, the Ethereum software developer firm that built the MetaMask wallet, shared Tuesday that it is launchingContinue reading “MetaMask Developer Consensys Releases New Toolkit for ‘Seamless Onboarding’”
Bitcoin ETF Traders Buy The Dip With Nearly $300M Inflows
Advertisements Net inflows on Monday were the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million. Spot bitcoin (BTC) exchange-traded funds (ETFs) recorded nearly $300 million in net inflows on Monday, marking their highest buying activity since early June when the cryptocurrency traded over $70,000. SoSoValue data show thatContinue reading “Bitcoin ETF Traders Buy The Dip With Nearly $300M Inflows”
Bitcoin Drops as German Government Moves Another $500M of Assets
Advertisements Wallets linked to the German government still hold some 23,800 bitcoin, according to Arkham Intelligence data. Bitcoin (BTC) fell on Monday afternoon in Europe as the German government moved another $500 million of assets, blockchain data shows. According to blockchain data platform Arkham Intelligence, a Bitcoin address tagged as belonging to the German governmentContinue reading “Bitcoin Drops as German Government Moves Another $500M of Assets”
Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month
Advertisements The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since. Golem, one of the earliest Ethereum initial coin offerings (ICOs), has sent over $100 million worth of ether (ETH) to exchanges inContinue reading “Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month”
Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates
Advertisements The investment firm is eager to flip the Senate for Republicans. Multicoin Capital, one of the largest U.S. investment firms focused on cryptocurrency, is pledging up to $1 million to support Senate candidates with favorable views of the industry. The investment manager plans to financially support four Republican candidates – Sam Brown in Nevada,Continue reading “Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates”
Crypto Crash Pushes Fear & Greed Index to Lowest Since Traded at $17K in Early 2023
Advertisements The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction. Crypto investor sentiment cratered to the most negative levels since the tail-end of the 2022 crypto winter as bitcoin’s (BTC) plunge below $54,000 pulled downContinue reading “Crypto Crash Pushes Fear & Greed Index to Lowest Since Traded at $17K in Early 2023”
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
Advertisements A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month. Bitcoin (BTC) plunged under $58,000 in European morning hours, extending 24-hour losses to nearly 5% and dropping to prices not seen since earlyContinue reading “Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements”
Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus
Advertisements Markets that consistently trade below the 200-day moving average are said to be in a downtrend. Bitcoin’s (BTC) decline gathered pace as the largest cryptocurrency fell for a third straight day, dropping below the 200-day simple moving average (SMA), a good indicator of long-term price trends in both traditional and crypto markets. The cryptocurrencyContinue reading “Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus”
The Japanese Yen Faces Potential Sharp Decline in July
Advertisements Vanguard, a major bond investment fund management company, warned that the Yen could fall to 170 Yen per USD if the Bank of Japan’s (BOJ) anticipated monetary policy changes in July fail to boost Japanese government bond yields. Recently, the Yen dropped past 161 Yen per USD, its lowest since 1986. The Yen’s sharpContinue reading “The Japanese Yen Faces Potential Sharp Decline in July”
Vietnam’s MSB bank to Increase its charter capital to over $1 Billion
The issuance will be at a rate of 30% of total outstanding shares, amounting to an additional 600 million shares.