The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader.
Decentral Block Post
MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year.
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
Backlash to WazirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express.
ByBit exchange halts operations in France
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange.
Bitcoin long liquidations hit $300M as BTC price falls to $62K
A flash crash in Bitcoin price on shorter timeframes induces panic among leveraged long traders, but analysts believe it’s a short-term pullback.
Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period.
North Carolina lower chamber overturns governor’s veto of CBDC ban
The bill received strong support in the General Assembly. Now the state Senate will consider overturning the veto.
Google’s new Gemini AI model dominates benchmarks, beats GPT-4o and Claude-3
This is the first time Google’s taken the top slot on the Chatbot Arena leaderboard.
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level.
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024.
VC Roundup: Investments in Web3 startups top $1B in July
This edition of Cointelegraph’s VC Roundup features Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink.
$95K or $120K? Bitcoin traders diverge on next BTC price top
Bitcoin could reach a macro price top of above $100,000, but can BTC stage a weekly close above $71,500 to confirm a breakout?
Galaxy Digital stock pullback a buying opportunity — Analyst
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer.
Elon Musk accepts challenge to fight president of Venezuela
After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV.
Republican supported by crypto Super PAC loses Arizona primary
Defend American Jobs used roughly $600,000 in a media buy for Republican Blake Masters, just one of three Arizona candidates crypto PACs supported in 2024.
Celestia on pace to surpass Ethereum in data storage — Research
Celestia has been steadily winning market share in data storage from Ethereum since May.
CleanSpark's mining expansion continues with Wyoming facilities
The US miner is now the second-largest by market cap, after flipping Riot Platforms.
Montenegro Appellate Court upholds Do Kwon extradition to South Korea
Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts.
US, UK accelerate quantum computing programs after China breakthrough
China’s room-temperature time crystals could radically affect the timeline for the arrival of useful quantum computers.
Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up
DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket.
How to become a global citizen, with or without crypto — Nomad Capitalist
International migration may spike in the future due to geopolitical instability, financial collapse or changes to the climate.
Morpho secures $50M funding led by Ribbit Capital for onchain lending
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.
NY authorities announce charges related to ‘sham’ crypto recovery firm
The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.
5 ways crypto bots are ruining crypto — including auto memecoin rug pulls
Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike.
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows
BTC price weakness failed to resolve the day after FOMC, with Bitcoin liquidity grabs still the main talking point for traders.
Ethereum’s firm $2,860 support signals path to $4,500 — Deribit
A Deribit report underscores Ethereum’s resilience at $2,860, pointing toward potential highs driven by recent ETF approvals.
Nigerian crypto advocates push for regulatory reforms amid protests
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen.
Crypto ready for next phase of adoption: Winning over financial advisers
Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.
EU watchdog warns of offshore crypto risks under MiCA regulation
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA.