Category: Crypto

Cryptocurrency advocacy group The Digital Chamber is urging U.S. officials to support the Cynthia Lummis-Sponsored Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act Of 2024, a Thursday X post from the trade association reveals. Lummis announced the crypto-friendly bill shortly after Donald Trump took the stage at the Bitcoin Conference 2024 in Nashville last Saturday.
The post Digital Chamber Urges Senators To Support Cynthia Lummis-Sponsored Bitcoin Act Of 2024 In New Letter appeared first on Cryptonews. …

Terraform Labs co-founder Do Kwon is set to be extradited from Montenegro to his native South Korea following a ruling from the Montenegrin court.
The post Montenegrin Court Orders Do Kwon’s Extradition to South Korea, Rejects U.S. Appeal appeared first on Cryptonews. …

Crypto.com surpasses Coinbase in daily trading volume, reaching $3.16 billion on August 1, driven by increased institutional client activity and the launch of spot Ethereum ETFs.
The post Crypto.com Overtakes Coinbase in Trading Volume With Institutional Growth appeared first on Cryptonews. …

The Bank of England announced an interest rate cut of 0.25%, down to the 5% mark, bringing an end to one of the longest periods of heightened interest rates.
The post Bank of England 0.25% Rate Cut Stirs Potential Bitcoin Breakout appeared first on Cryptonews. …

The price of Dogecoin has fallen by 4% in the past 24 hours, dropping to $0.1211 after the FOMC decided not to reduce rates at its meeting yesterday.
The post Dogecoin Struggles as Meme Coin Frenzy Fizzles Out: Will DOGE Price Drop 99%? appeared first on Cryptonews. …

The cryptocurrency sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches.
The post Crypto Hackers Stole $266M in July Across 16 Breaches: PeckShield appeared first on Cryptonews. …

The rapid growth of meme coins raises concerns about whether this can last. As the market is getting too crowded, can these tokens keep up the hype in Q3?
The post The End of Meme Coins? Experts Say the Mania Is Dying Out appeared first on Cryptonews. …

The accelerator fund will support the growth of infrastructure, gaming and DeFi-related projects, built on Aptos.
The post OKX Ventures, Aptos Foundation Create $10M Accelerator Fund to Further Web3 Adoption appeared first on Cryptonews. …

The Solana price has plunged by 8% today after the Federal Reserve held interest rates steady yesterday.
The post Solana Price Crashes After FOMC Bombshell: Is a Rebound Possible? appeared first on Cryptonews. …

Two-way price volatility saw Bitcoin whales accumulate $5.4 Billion of BTC in July, capitalizing on market lows in the fastest scoop-up in a Decade.
The post Bitcoin Whales Accumulate $5.4B in July Reaching Decade High appeared first on Cryptonews. …