Author: Digicoinvision
Former kickboxing champion and controversial influencer Andrew Tate is once again back to cryptocurrency trading, after a financial loss on Kanye West’s YZY token.Andrew Tate’s long position on the Trump family-linked World Liberty Financial (WLFI) token was liquidated for a total loss of $67,500 earlier Tuesday on decentralized exchange Hyperliquid.Despite the Loss, Tate continued betting on the WLFI token’s price appreciation, “immediately” opening another long position, according to blockchain data platform Lookonchain in a Tuesday X post.The liquidation occurred less than two weeks after Tate opened a 3x leveraged short position on the Kanye West-linked YZY token, as his cumulative…
Crypto.com CEO Kris Marszalek is confident that digital assets will be boosted in the fourth quarter of the year, primarily driven by the US central bank reducing interest rates.Marszalek said in an interview with Bloomberg on Tuesday that Crypto.com’s revenue is likely to be better this year, “especially if we see a Fed rate cut and a strong Q4 following.”He added that he’s betting on the US Federal Reserve cutting interest rates at its Sept. 17 meeting, which is usually good for crypto as borrowing becomes cheaper and more liquidity is available for riskier investments.The Fed’s last rate cuts were…
Now that Ethereum has launched and is rapidly nearing its Homestead phase, over the last few months we at the Ethereum Foundation have finally had the chance to have some breathing room and plan our strategies with a more long-term view. From a development perspective, we have now started in earnest the development of Serenity, the next large overhaul of the Ethereum protocol that will include powerful software abstraction features, the Casper consensus algorithm and hopefully some basic scaffolding that will allow for the development of scalability features over time with minimal disruption. POC1 has been released, and POC2 will…
Crypto whale address 0x4ED0 has been identified by blockchain analytics platform Lookonchain as having amassed a huge amount of Ethereum. In 40 minutes alone, the wallet had accumulated 5,553 ETH, which is worth 24.44 million dollars, obtained via Bybit exchange hot wallets. The transaction records indicate that there are two large inflows of 3,283 ETH valued at 14.42 million dollars and 2,270 ETH valued at 10.02 million dollars. Crypto Whale’s Buying Spree Since August 11 The whale has been on a buying spree, buying Ethereum and wrapped Bitcoin aggressively since August 11. Statistical data indicates that there was an incredible…
Besides Elon Musk, the celebrity attorney has a long list of famous clients including elite athletes, Hollywood stars, and chart-topping musicians. Dogecoin Foundation and Cleancore Unveil $175M DOGE War Chest Elon Musk’s lawyer Alex Spiro is now the new chairman of a publicly listed cleaning solutions firm based in Omaha, Nebraska, by the name of […]
Join Our Telegram channel to stay up to date on breaking news coverage The World Liberty Financial price tumbled 11% to $0.24 in the past 24 hours following a massive $24.6 billion token unlock, which boosted the Trump family’s holdings by some $5 billion. The Trump family’s WLFI token is showing signs of stabilization on a proposed buyback and burn program after an earlier 23% plunge. WLFI officially launched on exchanges yesterday, initially rising to $0.33 before plunging 27% to below $0.24. 🚨 $WLFI is now LIVE 🚨 ✅ Claim your tokens✅ Trade on the top DEXs: Ethereum → Uniswap…
The initiative, focused on incorporating President Milei’s policies into Argentina’s regulatory framework, establishes that state budgets cannot rely on money issuance to finance expenditures and proposes penalties for officials who breach these rules. President Milei Vows to Stop Money Issuance With New Bill Argentina is evolving to include a new, restrictive budgetary framework aimed at […]
The Bitcoin OG whale, who recently made headlines for dumping billions in BTC for ETH, has added another $1 billion worth of the second-largest cryptocurrency to their stash. Summary The Bitcoin OG whale added over $1 billion in ETH to their holdings. Since Aug., the whale has sold over 35,000 BTC to buy ETH. ETH price has dropped over 11% from its all-time high. Over the past 24 hours, the Satoshi era Bitcoin whale scooped up roughly $1.08 billion in ETH, according to data from on-chain analytics platform Arkham Intelligence, and subsequently staked a significant portion of it. A series…
A tenth of the global post-trade market turnover is expected to be handled through stablecoins and tokenized securities in less than five years, according to a survey by Citi.The investment bank said in a Securities Services Evolution report released on Tuesday that bank-issued stablecoins were seen as the main method to support collateral efficiency, fund tokenization and private market securities.The report polled 537 custodians, banks, broker-dealers, asset managers and institutional investors in the Americas, Europe, Asia Pacific and the Middle East between June and July, where over half reporting their firms are also piloting generative artificial intelligence (GenAI) for post-trades.The…
Today in crypto, the SEC and CFTC issued a joint statement for a coordinated approach to spot crypto trading in the US. Metaplanet secured shareholder approval to restructure shares, paving the way for up to $3.7 billion in Bitcoin fundraising. Losses from hacks hit $163 million in August as attackers targeted high-value projects.US regulators clarify rules for spot crypto tradingThe US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday announcing a coordinated effort to oversee and enable spot crypto trading in the United States.The agencies clarified that existing law does…