Author: Puskar Pande
In the UK, Xapo Bank will give 1% interest on bitcoin
According to a statement released on August 5 and shared with CryptoSlate, Xapo Bank, a Bitcoin-focused organization, has announced its entry into the United Kingdom. According to the company, this…
Trading Volume of Bitcoin ETFs Soars Above $1.3B as Buyers Hurry for Cheap Bitcoin
As to the statement made by Alex Thorn, the head of research at Galaxy Digital, an asset management, Bitcoin ETFs saw very high trading volumes after the market decline. Increased…
The market cap of Solana Memecoin drops by double digits
The Solana SOL based memecoin market cap has experienced a double-digit decline over the last 24 hours due to volatility in international markets and the sell-off of large cryptocurrency holdings…
As VIX rises to its highest level since the COVID-19 market panic, the cryptocurrency market may see increased volatility, according to an Abra expert
The macroeconomic collapse that engulfed international markets over the weekend was initially felt in the Bitcoin market, and one analyst predicts that volatility will only increase. According to Bohan Jiang,…
Is Solana no longer questioned by the SEC? It’s Hard to Understand
One of the main opponents of the cryptocurrency sector seems to be giving up on supporters of the industry earlier this week: In its well-known legal battle against Binance, the…
Ethereum Is Prepared To Support “Tens Of Millions” Of On-Chain Users, According To Vitalik
Vitalik Buterin, co-founder and chief scientist of Ethereum, thinks developers should focus on striking a balance between the needs of seasoned dApp users and web3 novices. The founder of Base,…
The Blast Community Token PacMoon is Going to See a Significant Change
Since Blast is no longer the project’s promised location, the community token PacMoon is looking for new potential home on other blockchains. The Blast Community Token PacMoon Is Considering Growing…
A fundraising round of $1.64 million is introduced on the bitcoin asset marketplace in South Africa
Platform for Regulated Alternative Capital Raising Recently, a $1.64 million (ZAR30 million) capital round for the South African reverse mortgage provider Water Financial was announced by the decentralized cross-asset marketplace…
By tapping on Elon Musk, players may earn cryptocurrency in the new Telegram hit “X Empire”
The cartoonish image of Elon Musk that players tap to gain in-game currency sets the game apart from the many other tap-to-earn games like Catizen and Hamster Kombat. The game’s…
The largest one-day withdrawal from US spot bitcoin ETFs in 90 days
On Friday, August 2, the US’s 12 bitcoin exchange-traded funds saw their largest one-day withdrawal since May 1, which was more than 90 days ago (and more than 60 trading…
New Ethereum addresses drops to its lowest point of the year
With the recent introduction of spot ether ETFs on the American stock market, the quantity of new Ethereum ETH -20.11% wallet addresses is at its lowest point of the year….
An hour after purchasing Solana memecoin for $8.5K, the trader makes $800K
A memecoin trader who bought CTO, a memecoin based in Solana, has multiplied their original investment by 94 times. Blockchain analytics company Lookonchain discovered on August 1st that a trader…
Although the price of bitcoin drops to $62K support, derivatives measures indicate a bull market
Between July 31 and August 1, the price of Bitcoin (BTC) fell by 5.5%, to $62,498—its lowest point in more than two weeks. This shift is thought to be caused…
BlackRock’s Ethereum Tokenized Fund Disburses $2.1 Million
The July dividend distribution from the BlackRock USD Institutional Digital Liquidity (BUIDL) fund exceeded $2 million, marking a record high for the fund’s monthly distributions. According to Etherscan data, the…
40% Drop in Kujira Token Following the Foundation’s Liquidation
Kurjia’s native token, KUJI, is falling sharply as a result of the foundation’s leveraged liquidity position liquidation. According to DeFiLlama, Kujira’s KUJI coin is down 42% for the day, while…
The second layer of Bitcoin, Bitlayer, wins the scaling challenge over Merlin
Layer 2 of Bitcoin As far as total value locked (TVL) goes, Bitlayer has taken the top spot in the Bitcoin scaling networks ranking. With $391 million, Bitlayer—a Layer 2…
Solana uses $55 billion to flip Ethereum DEX volume
-2.77% Solana Solana sol According to DefiLlama, Solana DEX volume reached $55.8 billion in July, surpassing Ethereum’s on-chain trading activity between July 1 and July 31 (Ethereum eth -0.12%). The…
MicroStrategy raises holdings to 226,500 bitcoin and adds a BTC yield indicator
MicroStrategy announced on Thursday that it has added a new key performance indicator to its bitcoin strategy and since the start of the second quarter, it has purchased 12,222 bitcoin…
Montenegro challenges court decisions South Korea will receive Do Kwon’s extradition
The former CEO of Terraform Labs, Do Kwon, was ordered to be transferred to South Korea by a Montenegron appeals court, who rejected the United States’ plea to extradite him….
Cypherpunk Holdings presses farther for Solana— once again
According to its most recent public filing, Cypherpunk Holdings, an investment business situated in Toronto, Canada, has boosted its exposure to Solana SOL -2.76% once more. The company has acquired…