The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.
The Anatomy of a Meltdown (and Just BTFD)
GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining...
US annual consumer price increase slows to below 3% as inflation ebbs
U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years, opening the door wider for the Federal Reserve to cut interest rates next month. The report from the Labor Department on Wednesday marked the third straight month of tame consumer price readings and added to a mild rise in producer prices last month in suggesting that inflation was firmly back on a downward trend.
Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock
The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.
Shelter inflation is 'the most disappointing aspect' of July CPI report
Shelter inflation ticked higher in July on a monthly basis.
Ethereum Creator Vitalik Buterin Donates $500,000 from ‘Animal Coins’ to Charity
Vitalik Buterin has yet again put the trillions of crypto tokens that people routinely send to him to good use: this time, to help animals in need. On Wednesday, the Ethereum co-founder donated $532,000 worth of ETH to the Effective Altruism Fund’s dedicated Animal Welfare Fund. The crypto, he says, came from selling off all of the “animal coins”—animal-themed, Ethereum-based meme coins—that crypto users sent him over the last year. Meme coins routinely invoke animals—dogs, cats, ducks, you na...
Defiance Launches Leveraged ETF to Amplify MicroStrategy Gains
A new exchange-traded fund (ETF) that gives investors a chance to maximize returns on rising MicroStrategy stock just hit the market. Dubbed MSTX and launched by Miami-based Defiance ETFs, the fund gives investors access to a leveraged position in a MicroStrategy stock investment. Typical ETFs give investors exposure to an asset—be it a security or commodity—via shares that track its price and trade on stock exchanges. A “long leverage” ETF like MSTX also holds debt to amplify its position. Retu...