Cryptocurrency News - Daily Crypto Market Updates

This week, key economic events, including the S&P Services PMI and a Fed speech, could significantly impact the crypto market's volatility.

MicroStrategy plans to sell $2 billion in shares to boost its Bitcoin holdings, despite market challenges and a reported quarterly loss.

Senator Cynthia Lummis proposes a bill to adopt Bitcoin as a U.S. strategic reserve, sparking bipartisan interest and widespread public support.

A surge of over 2,200 letters to U.S. senators calls for a Bitcoin Strategic Reserve, highlighting bipartisan support and shifting views on cryptocurrency.

Investors in Asia are lighting up the crypto market by piling into Poodlana, the viral presale that’s raised $3.6m in less than 3 weeks.

Kamala Harris strengthens her presidential campaign by securing crypto endorsements and strategic hires to win over the cryptocurrency industry.

As the 2024 election nears, crypto betting platforms like Polymarket see a surge in wagers, despite increased regulatory scrutiny in the US.

Bybit halts French operations under mounting regulatory pressure, highlighting increasing challenges for crypto exchanges in Europe.

Ripple partners with OpenEden, investing $10M to launch tokenized US Treasury bills on the XRP Ledger, merging traditional finance with blockchain.

Mt. Gox is close to finishing its Bitcoin repayment plan after transferring $2 billion in BTC, significantly reducing its remaining debt to creditors.

Ethereum developers face testing delays with the Pectra upgrade, raising concerns about its complexity and interaction with existing network features.

Hamster Kombat, a Telegram game sensation, hits 300 million users and announces a massive airdrop, making waves in the crypto gaming world.

Crypto whales are increasing their holdings in Ethereum, Pepe, and ONDO, suggesting potential price rallies and growing investor confidence.

Tether pauses Bitcoin purchases despite a $1.3 billion profit in Q2 2024, opting to maintain reserve levels and prompting questions from crypto enthusiasts.

Shiba Inu sees positive trends in key metrics, indicating a potential price recovery despite recent declines in the cryptocurrency market.

Senator Cynthia Lummis proposes a bill to establish a U.S. Bitcoin reserve, aiming to strengthen the country's position in financial innovation.

Ethereum spot ETFs experienced a $77.2 million outflow on July 31, highlighting the ongoing volatility in the cryptocurrency market.

Grayscale's new Bitcoin Mini Trust offers the lowest fees in the U.S., giving investors a cost-effective option to invest in cryptocurrency.

Shiba Inu launches an exclusive closed beta for its Web3 game, Shiba Eternity, offering early access to community members who stake LEASH tokens via Shibaswap.

Kamala Harris considers anti-crypto Gary Peters for VP, raising concerns among Bitcoin enthusiasts about stricter regulations and a less favorable environment.

Russia's new law on digital assets requires miners to register, adhere to energy limits, and bans those with criminal records, while also prohibiting crypto ads.

The Mt. Gox estate transferred $2.2 billion in Bitcoin to an unknown wallet, marking a key step in resolving the decade-old hack and compensating creditors.

Ripple partners with Brazil's Fenasbac to drive fintech innovation through the Next accelerator, leveraging a favorable regulatory environment and strong developer community.

Cantor Fitzgerald announces a $2B investment to launch a Bitcoin financing business, while the US government transfers $2B in Bitcoin for custody.