24/7 Blockchain industry dynamics and breaking crypto news
BitGo has acquired NYDIG's institutional trading business for approximately $42.5 million, integrating derivatives and financing solutions to offer a full lifecycle service suite for asset managers and hedge funds. Around 30 employees have joined BitGo as part of the deal.
Read MoreSix Bitcoin wallets dormant since their creation between 2011 and 2014 recently moved a total of 553.59 BTC. This activity coincides with data showing overall dormant BTC movement has fallen to its lowest level since Q3 2022, sparking speculation about the reasons behind these ancient wallets awakening.
Read MoreOn August 29th, former U.S. President Trump shared a media commentary suggesting his Iran policy is yielding results. The analysis advocates maintaining the current strategic approach, highlighting his stance during a critical period.
Read MoreAugust 29th crypto digest highlights significant US spot Bitcoin ETF outflows ($201.8M) contrasting with Ethereum ETF inflows. USDC circulation surged by 1 billion tokens weekly. Market attention shifts to upcoming US jobs data and Fed policy implications, alongside industry forecasts.
Read MoreA new Layer 1 blockchain has seen its DeFi TVL surge past $683 million, with weekly growth of 17.78% leading major networks. Its DEX volume hit $890M in 24h, ranking 5th overall, signaling explosive early adoption.
Read MoreMorgan Stanley's latest analysis highlights the expanding capacity of Chinese memory chip makers as a key variable reshaping global market structure. The report forecasts that by 2028, with CXMT's production scaling and major international players expanding, the global memory supply landscape will reach a pivotal inflection point.
Read MoreThe total stablecoin market cap has resumed growth, reaching $304.56 billion with a 0.48% weekly increase. USDC and USD1 led the expansion, while USDT maintains a dominant 60.21% market share, signaling renewed momentum in the crypto sector.
Read MoreSecurity firm GoPlus traced the initial funding for the GOLD token project back to KuCoin. Investigation revealed 15 associated wallets with transaction history linked to Binance. The same developer group also launched another token called PLATINUM, suggesting coordinated deployment strategies.
Read MoreIran's Foreign Minister alleges internal U.S. government manipulation of energy markets for personal gain, using media to sway prices and prolong a failing war. Pro-Israel voices are accused of optimistic war-mongering, with American consumers bearing the ultimate cost.
Read MoreMarket sources report trader James Wynn has opened a new 20x leveraged short position on Bitcoin, with a liquidation price set at $80,483. This follows his previous unsuccessful series of S&P 500 shorts in late July and early August.
Read MoreA key economist warns next week's jobs report could be surprisingly weak, potentially even negative. Such an outcome would dramatically lower expectations for a September Fed rate hike, as the central bank has never raised rates amid consecutive monthly job losses.
Read MorePolygon Labs issued an urgent alert: Polygon PoS nodes on outdated clients have lost consensus after the Austin and Kyoto hard forks. Operators must upgrade immediately to specified versions to re-sync and patch critical resource exhaustion vulnerabilities.
Read MoreVeteran investor Yilihua suggests Bitcoin's potential pullback to around $75,500 could present a strategic entry point. Drawing from mining and investment experience since 2015, he emphasizes respecting market cycles while maintaining optimism about post-correction growth potential.
Read MoreCrypto influencer Unipcs recently revealed his portfolio value exceeded $6M, a new all-time high. He reportedly generated around $3M in unrealized profits over the past 30 days by trading several tokens. Known for his gains on Solana meme coin USELESS, his latest moves spotlight the high-risk, high-reward nature of short-term crypto trading.
Read MoreFee revenue on Robinhood Chain token launch platforms has surged. Pons leads decisively, deploying nearly half of all tokens on the chain daily. Its dominance appears solid despite new competition from major players like Uniswap.
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