Coinatory

Coinbase Pushes for Appeal, Citing Ripple Case in Ongoing SEC Lawsuit Coinbase is intensifying its legal defense in its battle against the U.S. Securities and Exchange Commission (SEC), calling for a reconsideration of its April 2024 interlocutory appeal. The exchange's legal team is urging Southern District of New York Judge Katherine Failla to review the appeal in light of the SEC’s recent decision to challenge the outcome in the Ripple lawsuit. The SEC initially sued Coinbase in June 2023, accusing the compa... Coinatory cryptocurrencies news

Bitcoin ETF Outflows Exceed $300M as Analysts Warn of Critical Price Levels Spot Bitcoin exchange-traded funds (ETFs) in the U.S. witnessed outflows surpassing $300 million this week, as global macroeconomic events fueled investor caution regarding Bitcoin’s short-term trajectory. Between October 1 and 3, approximately $388.4 million exited 12-spot Bitcoin ETFs, following a September surge of over $1.1 billion in inflows. This wave of outflows coincided with escalating geopolitical tensions, particularly the Iran-Isr... Coinatory news

Earn Rewards with NAVX Launchpool on Bybit: Stake NAVX, SUI, or USDC Bybit Launchpool is thrilled to announce the introduction of NAVX, the native token of the NAVI protocol. Event Duration: October 7, 2024, 10 AM UTC – October 14, 2024, 10 AM UTC. During this time, stake NAVX, SUI, or USDC for a chance to earn a share of 2,500,000 NAVX tokens! Step-by-Step Guide: If you don't have a Bybit account. You can register here Go to website Stake your assets (NAVX, SUI, or USDC) Also you can open y... cryptocurrency news Coinatory

Bitcoin and Ethereum Lead Layer-1 Blockchains in Social Engagement Bitcoin ($BTC), Solana ($SOL), and Ethereum ($ETH) are dominating Layer-1 blockchain projects in terms of social interaction. According to the latest data from the crypto analytics platform Phoenix Group, Bitcoin secured 171.1K engaged posts and over 101.5 million interactions within 24 hours, underscoring its continued influence in the blockchain space. Bitcoin ($BTC) Tops the Rankings Bitcoin has cemented its position as the most discuss... Coinatory cryptonews

Vooi Airdrop: Step-by-Step Guide to Earning with Binance Labs Partnership Vooi is an intent-based cross-chain perpetual DEX aggregator, designed to work seamlessly with multiple EVM and non-EVM networks. It offers the flexibility to add new networks as needed. Vooi allows users to make leveraged trades on perpetual DEXs across these networks, focusing on trading efficiency and optimizing gas costs. It also provides a unified interface, simplifying the experience of using perpetual DEXs across different blockchains. ... Coinatory cryptocurrencies news

Bitwise Pursues Bitcoin-Treasury ETF Amid Growing Institutional Interest Bitwise has intensified its crypto ETF expansion with a new filing targeting a Bitcoin-Treasury ETF, following its recent application for an XRP-based fund with the U.S. Securities and Exchange Commission (SEC). This latest proposal, according to Bloomberg’s James Seyffart, would trade under the ticker BITC and employ a rotation strategy between Bitcoin and U.S. Treasuries—two prominent financial assets. The amended documents rebrand Bitwise’... cryptocurrency news today

SUI Price Plummets Amid Market Volatility After Six-Month High SUI token witnessed a significant decline on Oct. 4, shedding over 15% from its recent high, marking it as the day’s steepest drop. The decline followed SUI's rise to a six-month peak of $1.97 on Oct. 3, only to tumble to $1.62 before a modest recovery to $1.78, where it remained down 4% in 24 hours with a market cap near $4.92 billion. Token Unlock Sparks Volatility The downturn in SUI’s price came shortly after a substantial token unlock... cryptonews

Report: 185+ Young South Koreans Own $750K+ in Digital Assets A recent report from South Korean crypto exchanges Upbit and Bithumb reveals that over 185 South Koreans in their 20s hold upwards of $750,000 each in digital assets. This data, submitted to Democratic Party Representative Ahn Do-gul through the Financial Supervisory Service and reported by Maeil Business Newspaper on Oct. 3, provides insight into the demographic breakdown of crypto holdings within the country. The report specifies that by th... cryptocurrency news today

Uniswap Tops DEX Market with $10 Billion Weekly Trading Volume Weekly trading volume across decentralized exchanges (DEXs) surged 24.67% this week, reaching $39.99 billion as decentralized finance (DeFi) gains momentum. Leading the DEX market, Uniswap recorded $10 billion in trades and holds $1.88 billion in total value locked (TVL), maintaining its top position. Phoenix, a crypto analytics platform, spotlighted Uniswap and other top DEXs on its official X account, underscoring a rising interest in decentra... Coinatory news

SEC Urge Supreme Court to Back Nvidia Crypto Sales Suit In a significant development for securities law, the U.S. Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have jointly urged the Supreme Court to revive a class-action lawsuit against Nvidia, claiming the tech giant misled investors about its sales to cryptocurrency miners. Filed on October 2, the amicus brief from U.S. Solicitor General Elizabeth Prelogar and SEC senior attorney Theodore Weiman supports investors' clai... Coinatory cryptocurrency news

Kraken Launches Bermuda-Based Crypto Derivatives Platform Kraken, a leading global cryptocurrency exchange, has officially expanded its offshore operations by launching a new derivatives trading platform in Bermuda. The venue, licensed by the Bermuda Monetary Authority (BMA), allows Kraken to offer a diverse range of crypto derivatives, including perpetual and fixed-maturity futures, utilizing fiat currencies and over 30 cryptocurrencies as collateral. This strategic move follows increased regulator... cryptocurrency news

Geopolitical Risks Could Push Investors Towards Gold and Bitcoin Analysts at J.P. Morgan suggest that rising geopolitical tensions, coupled with the upcoming U.S. presidential election in November, are driving investors to gold and Bitcoin as preferred safe-haven assets in what is being termed the "debasement trade." In a note released on Thursday, J.P. Morgan's Global Markets Strategy team, including Nikolaos Panigirtzoglou, Mika Inkinen, Mayur Yeole, and Krutik P Mehta, highlighted that these assets are ... Coinatory cryptocurrency news

Upcoming economic events 4 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsHome Loans (MoM) (Aug)---------2.9%10:002 pointsECB's De Guindos Speaks------------------12:302 pointsAverage Hourly Earnings (YoY) (YoY) (Sep)3.3%3.8%12:303 pointsAverage Hourly Earnings (MoM) (Sep)0.3%0.4%12:303 pointsNonfarm Payrolls (Sep)148K142K12:302 pointsParticipation Rate (Sep)---------62.7%12:302 pointsPrivate Nonfarm Payrolls (Sep)125K118K12:302 pointsU6 Unemployment Ra... crypto news today

Grayscale Introduces AAVE Trust to Expand DeFi Exposure for Accredited Investors Grayscale Investments has launched the Grayscale Aave Trust, providing accredited investors with a new opportunity to gain exposure to AAVE, the native token of Aave, the largest decentralized finance (DeFi) lending protocol by total value locked (TVL). According to a press release from Grayscale, the Aave Trust enables investors to indirectly access Aave’s lending protocol, which operates without traditional intermediaries such as banks. Sim... crypto news today

Vitalik Buterin Advocates for Lowering Ethereum Solo Staking Requirements Ethereum co-founder Vitalik Buterin has voiced support for reducing the minimum Ether (ETH) required for solo staking, an initiative aimed at increasing participation in securing the Ethereum network. On October 3, Buterin joined a community discussion on X (formerly Twitter) to advocate for lowering the 32 ETH deposit threshold, which has been a significant barrier for broader involvement in solo staking. Solo Staking and Ethereum's Decentra... cryptocurrency news

Humanity Protocol Launches the First Phase of Its Testnet Humanity Protocol is creating a network designed to offer sybil-resistant blockchain solutions, aiming to authenticate the first billion users on the web. It provides developers with tools for verifying unique human identities, giving users full control over their data and identity. What sets the protocol apart is its use of palm recognition technology, offering a less invasive way of verifying identity that's easily accessible through smartphon... Coinatory crypto news

Bank of England Executive Warns of Financial Risks as Private Settlement Assets Emerge A senior executive from the Bank of England (BoE) has raised concerns that the failure to modernize central bank money could prompt wholesale settlements to migrate to private settlement assets, posing significant risks to financial stability. Speaking at Digital Assets Week in London, Sasha Mills, the BoE's Executive Director for Financial Market Infrastructure, emphasized that the rise of technologies like tokenized assets and programmable ... Coinatory news

Lamborghini and Animoca Brands Launch Blockchain-Based Supercars for Web3 Gaming Lamborghini, in collaboration with Animoca Brands, has unveiled Fast ForWorld, a Web3 platform featuring interoperable digital supercars tailored for blockchain-based gaming. This partnership marks Lamborghini's first foray into the blockchain space, bringing the luxury automaker into the growing realm of digital collectibles and Web3 innovation. Announced on October 2, the Fast ForWorld platform aims to offer users a dynamic experience where... Coinatory crypto news

Upcoming economic events 3 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Japan Services PMI (Sep)53.953.701:302 pointsTrade Balance (Aug)5.510B6.009B01:302 pointsBoJ Board Member Noguchi Speaks------------------03:352 points10-Year JGB Auction---------0.915%08:002 pointsHCOB Eurozone Composite PMI (Sep)48.951.008:002 pointsHCOB Eurozone Services PMI (Sep)50.552.911:302 pointsECB Publishes Account of Monetary Policy Meeting ---------------... crypto news today

Ark Invest’s Cathie Wood Predicts AI Revolution, Sees Bitcoin at $1.5 Million Cathie Wood, CEO of Ark Invest, recently took to X (formerly known as Twitter) to highlight the rapid evolution of artificial intelligence (AI). In a post praising a new white paper authored by Ark’s Chief Futurist, Brett Winton, Wood emphasized the transformative power of AI. She described it as "the most transformative technology in history" and a key driver behind emerging innovation platforms. According to Wood, AI will have a profound impac... Ark Invest’s Cathie Wood Predicts AI Revolution, Sees Bitcoin at $1.5 Million

Unlock $EDU Rewards: Join the Open Campus Testnet Campaign Open Campus Protocol offers a decentralized solution aimed at addressing the key challenges in education today. It's built for educators, content creators, parents, students, and co-publishers. Educators, who play such a vital role in shaping the future, are often underpaid and undervalued, while parents frequently lack influence over the content their children are learning. We're thrilled to announce the OC Points: Testnet campaign, a final ... cryptonews

Bitwise Registers XRP ETF in Delaware Amid Expanding Crypto Offerings Wealth management firm Bitwise has taken a significant step in expanding its cryptocurrency product line, filing for a Delaware Trust focused on Ripple’s XRP. The fund would track Ripple's native cryptocurrency, XRP, adding to Bitwise's existing lineup of Bitcoin and Ethereum exchange-traded funds (ETFs). Bitwise, a prominent issuer of Bitcoin and Ethereum ETFs, filed the paperwork in Delaware as it looks to offer a more diverse range of cryp... cryptonews today

Ethereum and TRON Command 84% of Stablecoin Market in 2024 Ethereum and TRON continue to dominate the stablecoin market, collectively controlling nearly 84% of the total supply, valued at $144.4 billion as of September 2024, according to data from CoinGecko. Ethereum and TRON Lead Stablecoin Market Blockchain giants Ethereum and TRON hold the majority share of the stablecoin market, with Ethereum commanding $84.6 billion, representing 49.1% of the total supply, and TRON following with $59.8 billio... Coinatory cryptocurrencies news

Upcoming economic events 2 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious07:302 pointsECB's De Guindos Speaks------------------09:002 pointsUnemployment Rate (Aug)6.4%6.4%09:302 pointsECB's Lane Speaks------------------10:002 pointsOPEC Meeting------------------11:002 pointsECB's Elderson Speaks------------------12:153 pointsADP Nonfarm Employment Change (Sep)124K99K14:303 pointsCrude Oil Inventories----------4.471M14:302 pointsCushing Crude Oil Inventories--------... Coinatory news

Ripple Secures DFSA Approval to Expand Services in UAE Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA), allowing the blockchain company to extend its cross-border payment solutions across the Middle East. This development marks a significant step in Ripple’s international expansion, building on its existing presence at the Dubai International Financial Centre (DIFC). The approval enables Ripple to launch its Ripple Payments Direct service in the UAE, f... Coinatory cryptocurrencies news

Top Cryptocurrencies by Trading Volume in 2024 Tether’s USDT balance surged to $20.3 billion on exchanges, signaling robust investor trust in market stability. Ethereum continues to lead blockchain innovation with its smart contracts and decentralized applications (DApps), transforming the crypto space beyond digital currency. Binance, the largest cryptocurrency exchange globally, thrives on its extensive ecosystem and native token, BNB. Meanwhile, Dogecoin has evolved from a meme into a via... Coinatory news

Join the Sonic Arcade: Earn $S Tokens with Games Sonic is a layer-1 platform that offers a secure gateway to Ethereum and delivers the fastest settlement layer for digital assets, boasting over 10,000 TPS and one-second transaction confirmations. Furthermore, the ecosystem includes a comprehensive incentive program. In addition, Sonic's native token, S, brings several exciting innovations compared to the FTM token on our current Opera chain. These include a large-scale airdrop, streamlined ... cryptocurrency news

Trump Eyes America as Crypto Capital Through World Liberty Financial Former U.S. President Donald Trump has unveiled plans to transform the United States into the "crypto capital" of the world through his latest initiative, World Liberty Financial. The project aims to disrupt traditional finance by offering decentralized finance (DeFi) solutions, including borrowing and lending services, designed to be more accessible than existing platforms. Trump took to X (formerly Twitter) to announce the launch, inviting ... Trump Eyes America as Crypto Capital Through World Liberty Financial

Nvidia CEO: AI Will Be Key to Combating AI's Dark Side Nvidia CEO Jensen Huang believes artificial intelligence itself may be the most effective tool to combat the darker applications of AI. Speaking at a Bipartisan Policy Center event in Washington, D.C. on Sept. 27, Huang emphasized that AI’s speed and capacity to generate false information will require equally advanced AI systems to counteract its misuse. “It’s going to take AI to catch the darker side of AI,” Huang noted, highlighting the inc... Coinatory cryptocurrency news