July 2024

Jersey City Pension Fund to Invest in Bitcoin ETFs

Jersey City Pension Fund to Invest in Bitcoin ETFs

Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the city’s pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a […]

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Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years

Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years

A wallet associated with the Ethereum Foundation has transferred 92,500 ETH, worth $294.9 million, after being inactive for nearly 6.6 years. According to Lookonchain, these tokens have been held at the same address since 2017. The Transfer Details On-chain data indicates that the ETH was originally received from the Ethereum Foundation on September 1, 2015.

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Here’s Why Bitcoin’s Net Flows to Exchanges Have Hit a Yearly High: ITB

Here’s Why Bitcoin’s Net Flows to Exchanges Have Hit a Yearly High: ITB

Since the beginning of the month, bitcoin (BTC) flows into crypto exchanges have been on the rise. This is primarily due to creditor distributions by the rehabilitation trustee of the defunct BTC trading platform Mt. Gox. Data from blockchain analytic platform IntoTheBlock has revealed that July 25 saw the exchange BTC net flows hit a

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Brett Price Outlook: Can BRETT Hit $1 in 2024 as Analyst Highlights Base Dawgz Potential

Brett Price Outlook: Can BRETT Hit $1 in 2024 as Analyst Highlights Base Dawgz Potential

Crypto investors are buzzing as Brett (BRETT), the Base chain’s top meme coin, makes a strong comeback. And some investors are now speculating whether BRETT could hit the $1 mark by the end of 2024. Meanwhile, another Base chain meme coin, Base Dawgz (DAWGZ), is causing a stir in its presale after one influential analyst

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bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have bitFlyer taking 100% ownership of FTX Japan’s outstanding shares. In a Friday press release, bitFlyer detailed its plans to rebrand the newly acquired entity as “Custody New

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Social Infrastructure OpenSocial Protocol Receives $6 Million Strategic Backing Led by Framework Ventures and North Island Ventures to Fuel Community Apps

Social Infrastructure OpenSocial Protocol Receives $6 Million Strategic Backing Led by Framework Ventures and North Island Ventures to Fuel Community Apps

[PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation

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Olympics-Inspired Meme Coin The Meme Games Nears $250K Presale Milestone

Olympics-Inspired Meme Coin The Meme Games Nears $250K Presale Milestone

While the world catches Olympics fever, a cheeky new meme coin project is beginning to generate traction. The Meme Games (MGMES), inspired by the world’s biggest sporting event, is closing in on the $250,000 mark in its presale. And investors are now debating whether MGMES could produce explosive gains when it lists on DEXs later

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VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050 If This Happens

VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050 If This Happens

Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their “base case scenario,” which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the world’s reserve currencies. The Road to $2.9 Million

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Ripple (XRP) Community Speculates on Upcoming SEC Meeting Today

Ripple (XRP) Community Speculates on Upcoming SEC Meeting Today

TL;DR The Ripple vs. SEC legal battle is still ongoing, with some experts predicting a resolution by the end of summer. An SEC meeting today has fueled speculation about an imminent agreement. Ripple’s token XRP has been rallying and could experience significant volatility based on the lawsuit’s outcome. A favorable ruling might trigger a bull

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Bitcoin Price Analysis: The Bulls Must Protect This Level to Keep Hopes for $70K Alive

Bitcoin Price Analysis: The Bulls Must Protect This Level to Keep Hopes for $70K Alive

Bitcoin’s price has been correcting over the last couple of days after failing to break the $68K resistance level to the upside. However, there is still a high probability of a new record high in the coming weeks. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying aggressively

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