Exodus’ operating revenue in Q2 2024 was primarily driven by the wallet’s exchange aggregation service, which netted $19.9 million. Read More at https://cointelegraph.com/news/exodus-wallet-posts-80-rise-in-q2-revenue-with-9-6-m-in-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Unstoppable Domains to let farmers accept crypto with new Web3 domain
The new top-level domain “.farms” will play a role in Farmsent’s blockchain-based marketplace dedicated to farmers. Read More at https://cointelegraph.com/news/unstoppable-domains-to-let-farmers-accept-crypto-with-new-web3-domain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high. Read More at https://cointelegraph.com/news/bitcoin-price-prediction-164k-2025-decaying-peaks-study?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s bull rally will continue another 350 days: Bybit
Bitcoin’s 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up. Read More at https://cointelegraph.com/news/bitcoin-s-bull-rally-will-continue-another-350-days-bybit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally. Read More at https://cointelegraph.com/news/tether-crypto-exchanges-balance-record-high-treasury-1b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong launches generative AI Sandbox for finance sector
The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance. Read More at https://cointelegraph.com/news/hong-kong-genai-sandbox-fintech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
dYdX to allow permissionless listing with new update
dYdX announces updates to its chain, including a master liquidity pool that will provide liquidity for all markets across its network. Read More at https://cointelegraph.com/news/dydx-permissionless-listings-megavault-liquidity-update?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigerian state plans to tokenize real estate, boost revenue
The tokenization of real estate in Lagos State has the potential to transform the property market, making it more accessible to a wider range of investors. Read More at https://cointelegraph.com/news/nigerian-state-plans-to-tokenize-real-estate-boost-revenue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com becomes official UEFA Champions League partner
Connecting with sports fans has accounted for at least 100 million new users on Crypto.com, according to the firm’s CMO. Read More at https://cointelegraph.com/news/crypto-com-becomes-official-uefa-champions-league-partner?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jump Trading transfers $46.44M in ETH amid sell-off, manipulation fears
Jump Trading moved 17,049 ETH from Lido, valued at $46.44M, raising market fears. Yet, data hints at a strategic liquidity setup. Read More at https://cointelegraph.com/news/jump-trading-transfers-46-44-m-in-eth-amid-sell-off-manipulation-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound