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Memecoins, RWA, AI lead crypto narratives in Q2 2024

Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024.

Bitcoin eyes Mt. Gox recovery amid warning over BTC price dip to $58K

BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.

Coinbase will not mention ‘crypto’ in five years: Avichal Garg, X Hall of Flame

Electric Capital co-founder Avichal Garg believes that spot Bitcoin ETFs have helped ease the blow from the collapse of crypto exchange FTX.

Bitcoin soars on predictions of Trump victory after assassination attempt

The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”

Institutions are more bullish on Ether than retail ahead of ETH ETF launch

Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions.

Pixelverse to put Pudgy Penguin character on Telegram mini game

A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.

Li​.Fi protocol is under attack, $10M drained so far

The Li.Fi protocol faces a security breach as hackers exploit a specific contract address, leading to the loss of over $8 million in cryptocurrencies.

Polygon launches upgraded ZK proving system Plonky3

Polygon Labs unveils Plonky3, enhancing Ethereum scalability with improved zero-knowledge proof configurations and modular flexibility for developers.

Proof-of-funds technology seeks to replace exchanges’ reserves reports

Data lake provider Tres is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand.

Kraken and Tottenham Hotspur score big in crypto partnership

Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing awareness about cryptocurrency.

Are crypto cards still a thing in 2024? Industry weighs in

Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards.

Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT.

African blockchain venture funding down 74% in H1 2024 — CV Labs

CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges.

Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth

The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing.

Craig Wright faces perjury charges over false Bitcoin creator claims

Craig Wright’s claims of being Bitcoin’s creator have been debunked, leading to a London judge's referral for alleged perjury.

Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst

The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas.

EU Stripe clients now have crypto purchasing power: Report

Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards.

Tokenized US treasuries could reach $3B by end of year

Tokenization could be a multi-trillion market opportunity, according to the world's largest management consulting firm.

Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet

Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.

Mt. Gox shifts $9B in BTC, market braces for impact

Mt. Gox’s cold wallet transfers over 140,000 BTC in a significant move after two weeks of inactivity, causing market concerns.

AT&T should’ve stored their data on the blockchain, exec argues

Chirp founder Tim Kravchunovsky argued that with the technology available today, the AT&T breach is "inexcusable."

Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M

Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.

Synchron, ChatGPT to help paralyzed patients chat and text again

Neurotech firm Synchron has integrated OpenAI’s generative AI tech into its brain-computer interface to help severely paralyzed patients communicate again.

Metaplanet buys another $1.2M of Bitcoin as price rebounds toward $65K

Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16.

Resurfaced clip shows Trump’s VP pick slamming Gensler’s approach to crypto

Donald Trump’s newly announced running mate, JD Vance, once referred to SEC Chair Gary Gensler as “the worst person” to regulate crypto.

SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report

BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say.

Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair

Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge.

Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme

The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices.

Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC

More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC.

Ether could outperform Bitcoin after spot ETF launch: Kaiko

According to Bloomberg analyst Eric Balchunas, the highly-anticipated Ethereum ETFs could launch in the United States by July 23.

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