XRP Surges in South Korea: Trading Volumes Skyrocket 115%
XRP has seen a dramatic 115% increase in trading volume, dominating South Korean cryptocurrency markets and outpacing even Bitcoin and Ethereum in popularity on major exchanges.
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Grayscale Launches XRP Trust, Boosting Token Value
Grayscale Investments has launched a new XRP Trust for accredited U.S. investors, causing an 8% increase in XRP’s value and potentially paving the way for a spot XRP ETF.
eToro Settles with SEC, Reshapes US Crypto Offerings
eToro, the Israeli trading platform, has agreed to a $1.5 million settlement with the SEC and will restrict most crypto trading for US customers, while maintaining access to Bitcoin, Ethereum, and Bitcoin Cash.
BITS Launches Innovative Four-Season Airdrop Campaign
BITS, a new cryptocurrency project, introduces a unique four-phase airdrop event from September 30 to December 24, 2024, aiming to boost community engagement and platform growth.
PayPal and Venmo Embrace ENS for User-Friendly Crypto Transfers
PayPal and Venmo have integrated Ethereum Name Service (ENS) for cryptocurrency transfers, allowing users to send crypto using simple, memorable names instead of complex wallet addresses.
Deepfake Tim Cook Hijacks iPhone 16 Launch with Crypto Scam
During Apple’s iPhone 16 unveiling, scammers flooded YouTube with deepfake videos of CEO Tim Cook promoting a fraudulent cryptocurrency scheme, highlighting the growing threat of AI-powered financial scams.
Meme Coins POPCAT and DOGS Surge as Bitcoin Reclaims $56,000
As Bitcoin rebounds above $56,000, meme coins POPCAT and DOGS lead gains among the top 100 cryptocurrencies by market cap. The surge is attributed to new futures listings and positive market sentiment.
Bitcoin Hashrate Nears 700 EH/s, Sets New Record
Bitcoin’s hashrate has reached a new all-time high of 692.28 exahash per second (EH/s), approaching the 700 EH/s milestone. This surge represents a 76.15% increase over the past year, coinciding with rising mining difficulty and decreasing miner revenue.
Starknet Surges 11% Amid Altcoin Downturn
Starknet (STRK), an Ethereum layer-2 scaling solution, experiences an 11% rally, decoupling from the broader altcoin market downturn. The token’s price surge is supported by ecosystem growth, increased total value locked (TVL), and recent network upgrades.
Venezuelan Opposition Proposes National Bitcoin Reserve
Maria Corina Machado, leader of Venezuela’s opposition coalition, suggests establishing a national Bitcoin reserve to combat hyperinflation and restore the country’s wealth. She also launches a Bitcoin donation campaign to support democratic efforts.