Coinatory

a16z Founders Donate $5M to Pro-Trump Super PAC, Back Crypto-Friendly Policies According to recent filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz, co-founders of venture capital giant Andreessen Horowitz (a16z), each donated $2.5 million to a pro-Trump super PAC, Right For America. Their financial support for former President Donald Trump is reportedly driven by his policies, which they see as beneficial to the crypto industry and tech startups, referred to as the "little tech ... Coinatory

US Lagging in Global Stablecoin Adoption, Chainalysis Reports The United States has witnessed record Bitcoin activity following the introduction of spot Bitcoin exchange-traded funds (ETFs). However, the nation’s adoption of stablecoins has notably slowed in 2024, lagging behind global markets, according to an October 17 report by Chainalysis. Stablecoin transaction volumes on US-regulated exchanges dropped significantly this year, with the market share falling from approximately 50% in 2023 to below 40... Coinatory

Unlock Free "Bera News" NFT and Important Information on the Berachain Airdrop We are already participating in the Berachain testnet. Now we have the opportunity to receive a new free NFT, "Bera News." The Berachain Barito features an adorable bear dressed in a professional suit, delivering crypto market updates with a blend of charm and authority. This character captures the playful yet serious nature of the crypto world, making it a unique digital collectible. The project has raised $42M in funding. Step-by-Step Gu... Coinatory crypto news

Binance Labs Invests in Lombard to Expand Bitcoin Liquid Staking Binance Labs, the venture capital arm of Binance, has announced a strategic investment in Lombard, the blockchain project behind the Bitcoin liquid staking token (LBTC). This funding is set to accelerate the expansion of LBTC across additional blockchain networks. Jacob Phillips, Lombard’s co-founder and head of strategy, emphasized that the company’s mission is to advance decentralized finance (DeFi) within the Bitcoin ecosystem by creating ... Coinatory

MoonPay Partners with Ripple to Enable XRP Purchases for Customers Crypto payments platform MoonPay has announced a strategic partnership with Ripple, allowing its users to directly purchase XRP. In a post shared on X (formerly Twitter) on Oct. 16, MoonPay revealed that customers can now "buy, manage, and store" XRP seamlessly within their accounts. With the addition of XRP, MoonPay users can now buy and sell several major cryptocurrencies, including Bitcoin, Ethereum, and Tether, directly from the app. The ... cryptocurrency news

Upcoming economic events 17 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsEmployment Change (Sep)25.2K47.5K00:302 pointsFull Employment Change (Sep)----------3.1K00:302 pointsUnemployment Rate (Sep)4.2%4.2%08:152 pointsECB McCaul Speaks------------------09:002 pointsCore CPI (YoY) (Sep)2.7%2.8%09:002 pointsCPI (MoM) (Sep)-0.1%0.1%09:003 pointsCPI (YoY) (Sep)1.8%2.2%09:002 pointsTrade Balance (Aug)17.8B21.2B09:452 pointsECB McCaul Speaks ----------------... Coinatory cryptonews

Italy to Raise Bitcoin Capital Gains Tax from 26% to 42%, Says Economy Minister Italy is set to significantly increase the capital gains tax on Bitcoin and other cryptocurrencies, raising it from 26% to 42%, according to Vice Economy Minister Maurizio Leo. The announcement was made during a press conference discussing the country’s 2025 budget, reported by Il Sole 24 Ore. The measure, approved by the Council of Ministers, aims to generate additional resources to support families, youth, and businesses. This shift marks a... Coinatory