Mt. Gox Initiates $3.2 Billion Bitcoin Outflow Within Two Hours
On July 23, Mt. Gox, the now-defunct cryptocurrency exchange, made headlines once again by transferring a substantial amount of Bitcoin, totaling nearly $3.2 billion, to two undisclosed addresses early in…
U.S. Spot Ethereum ETFs Scheduled to Start Trading on July 23
The financial landscape for cryptocurrencies is set to change significantly with the launch of spot Ether exchange-traded funds (ETFs) in the United States, slated for July 23. This follows the…
Crypto Policy Prospects Under Potential Harris Vice Presidents
As the 2024 U.S. Presidential Election approaches, Vice President Kamala Harris stands as a prominent candidate to secure the Democratic nomination, especially with endorsements from President Joe Biden and other…
US Dominates as Digital Asset Markets Experience $1.35 Billion Inflow Boost in One Week — CoinShares Report
The last week has witnessed a substantial $1.35 billion inflow into digital asset investment products, as detailed in the latest report by CoinShares. This surge is part of a broader…
Upcoming Half of 2024 Predicted as Ethereum’s Most Bullish Phase Due to Ether ETFs, Expert Claims
As the Ethereum ecosystem gears up for a potentially transformative period, the anticipated introduction of the first spot Ether exchange-traded funds (ETFs) could herald its most bullish phase yet. According…
Asia’s First Inverse Bitcoin ETF Set for Launch in Hong Kong
On July 23, the financial landscape in Hong Kong is set to expand with the launch of the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), marking Asia’s first foray…
Anticipated Resignation of SEC Chair Gary Gensler Post-Biden Presidency — Insights from 10x Research
With the political landscape in the United States undergoing significant changes, the implications for regulatory bodies such as the Securities and Exchange Commission (SEC) are becoming increasingly pertinent. This analysis…
Biden’s Presidential Race Exit Triggers $67M Liquidation of Crypto Long Positions in 30 Minutes
The cryptocurrency market witnessed a dramatic flurry of activity following United States President Joe Biden’s announcement to withdraw from the 2024 presidential race. This decision had immediate repercussions on the…
Biden-Linked Memecoins Plunge 60% Following Presidential Race Withdrawal
The memecoins associated with United States President Joe Biden and his family experienced a dramatic fall following his unexpected withdrawal from the 2024 presidential race. This event triggered significant volatility…
Exploring Kamala Harris’ Stance on Cryptocurrency as Election Looms
Vice President Kamala Harris has been somewhat of an enigma when it comes to her stance on cryptocurrencies and blockchain technology. Unlike many of her Capitol Hill colleagues, she has…
Record $17 Billion in Net Inflows Marks Milestone for US Bitcoin ETFs
The US market for Bitcoin spot exchange-traded funds (ETFs) has achieved a significant milestone, amassing more than $17 billion in net inflows. This record-setting performance underscores the growing interest and…
Fractal ID’s Data Breach Linked to 2022 Password Reuse Incident
Fractal ID, a blockchain identity verification platform, recently published a detailed postmortem on a data breach that compromised user information. The breach occurred on July 14, 2024, but its origins…
Bitcoin Stability at $67K as Whale Selling Pressure Subsides
Bitcoin’s recent market performance shows a notable stabilization, as selling pressures from significant holders, often referred to as ‘whales,’ have diminished, supporting a sustained price level above $67,000. This pattern…
Biden Concludes Campaign, Backs Harris, Shaking Up 2024 Election Landscape
Former United States President Joe Biden concluded his campaign for reelection following a series of political setbacks, capped by a poor debate performance that heightened concerns about his ability to…
CrowdStrike Meltdown Forces Microsoft to Launch Emergency Windows Repair Tool
On a disruptive Friday, 8.5 million Windows devices were brought to a standstill by a faulty update from cybersecurity firm CrowdStrike. This update precipitated widespread system crashes, commonly known as…
Italian State-Owned Bank Tests Digital Bonds on Polygon Blockchain
Italy’s state-owned bank, Cassa Depositi e Prestiti SpA, in collaboration with the trillion-dollar investment bank Intesa Sanpaolo, has successfully completed a digital bond issuance valued at $27.2 million using the…
Investor Interest in BlackRock’s Bitcoin ETF Remains High Despite Bleak Market Sentiment
Since its introduction, BlackRock’s iShares Bitcoin Trust (IBIT) has been a beacon for investors, consistently attracting significant inflows. Most notably, since last Monday, the fund has seen continued investor interest…
Kraken Custody Extends Services to UK and Australia
Kraken, a leading cryptocurrency exchange, has officially announced the expansion of its Kraken Custody services to institutional clients in the United Kingdom and Australia. This strategic move marks Kraken Custody’s…
Competitive Fee Reductions Emerge Among Upcoming Ether ETF Issuers
As the launch of several Ether exchange-traded funds (ETFs) approaches, competition among issuers is intensifying, with most opting to introduce temporary fee reductions or waivers. These strategic discounts are set…
Crypto Analysts Criticize OKX’s Departure from Nigeria
The exit of the cryptocurrency exchange OKX from Nigeria has sparked significant backlash among local cryptocurrency analysts and stakeholders. This move has raised concerns about the impact of the Nigerian…