Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader…
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Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail…
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the…
Brazilian Regulator Approves Solana Spot ETF
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to…
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.”…
Hamster Kombat Announces New Gaming Ecosystem to Boost Demand for Upcoming Token
The team behind Hamster Kombat, the popular TON network-based tap-to-earn game, has announced the development of a gaming ecosystem to create demand for its upcoming token. They declared that this…
US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director…
Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per…
TON Climbs 10% Ahead of Binance Listing
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against…
Bitstamp and Stripe Collaborate for EU Crypto Onramp
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…
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