Exchanges
Bitcoin's hashrate has consistently set new record highs. But what's the real impact of this surging hashrate on Bitcoin's price?
Since mid-June, the ETH/BTC exchange rate has been on a downward trend. Several theories could explain the relative strength of Bitcoin.
Hong Kong has over a hundred OTC outlets, with some OTC stores processing billions of dollars in cash transactions each year. However, there is currently no regulation in place.
Tron's RWA project, stUSDT, has garnered more than $1.7 billion in total value locked (TVL). However, this project has sparked significant controversy within the crypto community. Is it truly secure?
Bitcoin Magzine gives a good chart showing the strong support and resistance range in which the Bitcoin price is currently stuck.
The latest partnership between TON chain and Telegram sparked renewed interest in TON.
The value of real-world assets on-chain has crossed $3.1 billion according to a new research from Galaxy Research
Despite recent market volatility and Curve hack, crvUSD has been growing steadily and maintained its peg to US dollar.
Paypal has more than 435 million accounts, it has potential to bring more crypto adoption. However, the token is launched only on Ethereum mainnet, the high gas cost could be a problem
HashKey Exchange obtained approval HK SFC to become the first cryptocurrency exchange to offer retail services in Hong Kong. The registration process indicates that non-Hong Kong residents can also apply for registration.
- 14:48ConsenSys Founder: LINEA to Launch Token First, Multiple Protocols to Issue TokensJoseph Lubin, founder of ConsenSys, responded to user inquiries about whether MetaMask would issue a token by stating that ConsenSys has developed short-term and mid-term strategic plans, which involve the protocolization of existing products as well as several new projects. Given that Web3 protocols typically rely on tokens to operate, multiple protocols will gradually launch their own tokens in the future. Lubin revealed that the first to issue a token will be LINEA, and that subsequent protocols will also achieve coordinated development.
- 14:18DRW Investments acquires nearly 4 million shares of Trump Media & Technology Group worth $100 millionAccording to the Financial Times, DRW Investments, an investment firm founded by American financial magnate Don Wilson, has acquired nearly 4 million shares of Trump Media & Technology Group, valued at approximately $100 million, making it one of the leading investors in Trump Media & Technology Group’s cryptocurrency ventures. However, its competitor Jane Street is the largest investor in Trump Media & Technology Group’s cryptocurrency bets, having invested around $375 million. DRW Investments is a major institutional participant in the crypto asset sector and is also an investor in Cumberland, a prominent liquidity provider. They hope that a Trump administration would reconsider the regulatory authority over the U.S. securities industry. Previously, they have called for the establishment of a new regulatory body to replace both the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. As of now, Trump Media & Technology Group has not responded to DRW Investments’ request for comment regarding the investment.
- 14:17Grayscale: ETH Remains a Core Crypto Asset, Transaction Fee Revenue May Continue to GrowCrypto asset management giant Grayscale stated on the X platform that ETH remains a foundational asset in the cryptocurrency industry. With its leading position in applications, assets, and developer activity, Ethereum continues to generate substantial transaction fee revenue. If it achieves further scale, its annual transaction fee income is expected to grow even more.