This Week in Coins: Trump Fuels More Meme Coin Mania as Bitcoin Regains Strength
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Ethereum
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s...
WazirX reports $230M hack to police and cyber unit, implements recovery efforts
Key Takeaways WazirX has collaborated with relevant authorities to trace the attackers following a $230 million hack. The exchange is...
SEC directs final S-1 submissions for Ether ETFs with target launch on July 23
SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees...
Dogwifhat, Popcat, Bonk brace for key competitor: Poodlana
Solana has emerged as the best blockchain for meme coin developers. Indeed, Solana meme coins like Dogwifhat (WIF), Popcat, Book of...
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis...
India’s leading crypto exchange WazirX hit with $230 million hack
Key Takeaways WazirX has suffered a security breach targeting one of its multisig wallets. The attacker reportedly stole over $230...
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its...
Enhanced Web3 Wallets to Boost Crypto Adoption, Experts Say
Web3 wallets are becoming increasingly important instruments for widespread adoption in the crypto scene. Experts like Luis Ocegueda, Head of...
BlackRock pulls 2022 ad showing Trump gunman
Screengrab from the ad, as posted by A. Westgate on X. Key Takeaways BlackRock will remove an ad featuring Thomas...
Ethereum ETF Fee Race Heats Up as Launch Date Approaches
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly...
Bitcoin set for new all-time high in 2024 as worst correction ends, experts say
Key Takeaways Bitcoin rebounded 12% to $63,585 after a 25.2% correction lasting 42 days. Experts predict a new Bitcoin all-time...
YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record
Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion...
290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the...
3 Altcoin Biggest Gainers in July 2024 Second Week
Contrary to last week’s performance, altcoins have registered notable upswings in the second week of July. While there are some...
Litecoin Surpassed Dogecoin in This Important Metric: ITB
Litecoin’s network processes a whopping $2.85 billion in transactions, which is over 50% of its market cap. This surpasses the...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Dough Finance Suffers Flash Loan Attack
An attacker has stolen about $1.8 million from funds on Dough Finance. This attack has brought to light some security...
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly...
Nobel economists warn Trump’s re-election could reignite inflation, impacting crypto markets
Photo by Darren Halstead on Unsplash. Key Takeaways Sixteen Nobel economists express concerns over Trump's potential re-election and its economic...
Goldman Sachs to roll out trio of tokenization projects by end of year: Report
Key Takeaways Goldman Sachs targets institutional clients with new tokenization projects. The bank wants to differentiate its approach from competitors...
MANTRA (OM) Price Prediction to Watch
TL;DR Mantra (OM) surged nearly 15% in the past week, outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple...
