The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an…
Tag: Bitcoin
Pepe Price Surges 10% in Meme Coin Rally as Pepe Unchained Hits $14M Presale Milestone
This week’s meme coin rally continues to impress investors. Pepe (PEPE) just saw another 10% increase, showing it can still produce double-digit gains. At the same time, Pepe Unchained (PEPU) has just passed $14 million in presale. Clearly, frog-themed meme…
Commerzbank Partners With Deutsche Börse’s Crypto Finance to Expand Crypto Services
Commerzbank, one of Germany’s largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless trading and custody solutions, ensuring regulated access to digital assets…
Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In
Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors…
‘Cheating Is Bad:’ Hamster Kombat Enforces Anti-Cheating Mechanism Before Airdrop
Hamster Kombat, one of the hottest clicker games on Telegram, introduced an undefined anti-cheating mechanism that penalizes users who try to game its reward system. The team highlighted the relevance of “doing everything right,” protecting members and players who have…
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech…
HTX DAO x TRON TOKEN2049 Afterparty: Leading the Next Decade of Web3 Ecosystem
PRESS RELEASE. September 19, Singapore – Today, HTX DAO and TRON, in collaboration with Alethea AI, Tour Billion, BitWave, ChainGPT, Google Cloud, and The Block, hosted an afterparty following TOKEN2049, one of the world’s most influential Web3 events. This highly…
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by…
Bitgo to Launch USDS Stablecoin in January 2025
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The…
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns…