Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600. Read More at https://cointelegraph.com/news/ethereum-traders-say-eth-price-at-risk-of-a-deeper-correction-to-1-6k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Public miners raised $2.2B as cash flow crunch intensifies post-halving
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024. Read More at https://cointelegraph.com/news/public-miners-raised-2-2-b-cash-flow-crunch-intensifies-post-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle proposes new capital-risk framework for Stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto Assets regulatory framework. Read More at https://cointelegraph.com/news/circle-proposes-new-capital-risk-framework-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June. Read More at https://cointelegraph.com/news/anchored-coins-collateral-aeur-stablecoin-flowbank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Haun Ventures backs Chaos Labs with $55M Series A funding
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures and The Spartan Group. Read More at https://cointelegraph.com/news/haun-ventures-chaos-labs-55m-seriesa-funding?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tron network exceeds Ethereum revenue over the past 90 days
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone. Read More at https://cointelegraph.com/news/tron-network-exceeds-ethereum-revenue-over-90-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana ETFs will not see significant demand — Sygnum research head
Low uptake of Grayscale’s Solana fund is an early indicator, she said. Read More at https://cointelegraph.com/news/solana-etfs-significant-demand-sygnum-research-head?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘No matter how bad it gets, there’s a lot going on with NFTs’: 24 Hours of Art, NFT Creator
“There’s a sense of inevitability” that NFTs are the start of a renaissance in digital art says 24 Hours of Art’s RD: NFT Collector. Read More at https://cointelegraph.com/magazine/lot-going-on-with-nfts-rd-24-hours-of-art-nft-creator/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wall Street sounds AI bubble alarm — Will crypto AI projects survive?
After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive? Read More at https://cointelegraph.com/news/wall-street-ai-bubble-crypto-projects?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound