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Cryptocurrency News

Location American Cryptocurrency News for 25 July 2024
Ferrari Launching Crypto Payment System for European Market Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful la...
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Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion The infamous collapse of the Mt. Gox exchange occurred in 2014, and creditors have been waiting for reimbursement for over a decade.
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Web3 Infrastructure Platform Caldera Raises $15M in Early-Stage Funding Web3 infrastructure platform Caldera has successfully raised $15 million in an early-stage funding round, signaling strong investor interest in its mission. The funding was led by Founders Fund, a prominent venture capit...
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Telegram CEO Predicts Blockchain Mass Adoption This Year -- Announces Mini App Store, Web3 Browser Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s u...
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US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and ...
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Jimmy Song criticizes BTC 2024 speakers--'Not what makes Bitcoin great' The author and Bitcoin advocate's panel was sobering, harkening back to the Bitcoin community's, anti-establishment ethos.
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Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.
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Direct client demand driving growth in BlackRock's Bitcoin ETF so far BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg's James Seyffart at Bitcoin 2024.
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Blackrock foresees Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock's head of digital assets.
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Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this...
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Crypto is democratizing investment banking options--Lightspark founder Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.
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Cardano ready for Chang hard fork after latest validator node release The first phase of the Chang era is the beginning of the network's transition to decentralized governance.
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VanEck Sees Bitcoin Hitting $2.9M by 2050 - but a Lot Has to Happen First Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck's Matthew Sigel said in an interview.
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Political undertones stand out as Bitcoin 2024 hits Nashville The Bitcoin 2024 conference is underway in Nashville - with Donald Trump's address scheduled for July 27 a major drawcard to the event.
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Bitcoin Rollup Protocol BOS Verifies Zero-Knowledge Proof on Mainnet BitcoinOS (BOS) has successfully verified a zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a significant technological advancement. This development introduces scalability and enhanced functionality to Bitc...
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How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Penn State Dickinson Law professor Tonya Evans s...
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Web3 venture funding stabilizes after rocky 2023 -- Crunchbase Large funding rounds are still few and far between in Web3, according to Crunchbase.
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Justin Sun Mocks Kamala Harris With Made-up Campaign Slogan Justin Sun, the founder of the Tron cryptocurrency ecosystem, mocked the current U.S. Vice President and favorite to be designated as the Democratic candidate for the U.S. presidency, Kamala Harris. He joked about a poss...
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Why is the crypto market down today?

Coin Telegraph - 25 Jul 2024 22:14
Why is the crypto market down today? The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market.
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VanEck says Bitcoin could hit $2.9 million per coin by 2050 Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added.
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VanEck says Bitcoin could hit $2.9 million per coin by 2050 Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added.
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Staking in Ethereum ETFs Might Be a Question of When, Not If The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.
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