Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30. The FDU poll indicated that Trump holds a notable lead among voters who own crypto or related assets,…
Bitcoin traders expect BTC to rally if the Fed rolls out a 0.50% rate cut, but hedging these bullish positions is also necessary. Here is how it’s done. Source link
Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have plummeted by more than 50%…
Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around? Source link
The Ethereum Foundation Ecosystem Support Program (EFESP) allocated a total of roughly $8.5 million to support 98 projects, according to the foundation’s inaugural grants allocation report published on Aug. 30. Although the report breaks down the projects by type, recipient, and contact, it does not provide a detailed breakdown of…
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question. Source link
Onchain Highlights DEFINITION: The total amount of fees paid to miners. Issued (minted) coins are not included. Bitcoin transaction fees have exhibited fluctuating patterns since the beginning of 2024, with notable spikes around significant events. The most prominent surge occurred in April, correlating with the Bitcoin halving event. This period…
This edition of Cointelegraph’s VC Roundup features Orderly Network, Echelon, Solayer Labs, Parlay Labs, Level, and Quai. Source link
Singapore has emerged as the global leader in crypto adoption due to its progressive regulatory approach toward the industry, according to the Henley Crypto Adoption Index 2024. The report, published by investment migration consultancy Henley & Partners, highlighted the city-state’s robust regulatory environment, innovation in financial technology, and widespread public…
Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that. Source link