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Render Token

Binance Completes Render Token Swap and Rebranding

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Binance has successfully completed the Render (RNDR) token swap and rebranding to Render (RENDER). Users can now deposit and withdraw the new RENDER tokens. This move marks a significant update in the cryptocurrency market, with Binance opening spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL pairs at 2024-07-26 08:00 (UTC). New Trading …

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VanEck Predicts Bitcoin at $2.9 Million by 2050

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VanEck, a renowned asset management giant, has released a highly optimistic report on Bitcoin (BTC), forecasting its potential to become the dominant medium of exchange and store of value globally. This bullish outlook stems from anticipated increases in foreign trade and cross-border remittances. VanEck predicts, Bitcoin could reach a staggering price of $2.9 million per …

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Franklin ETF

Franklin Templeton’s Endorsement of Solana Sparks ETF Speculation

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Franklin Templeton’s Strategic Move Franklin Templeton, a global asset management giant with $1.64 trillion in assets, has recently endorsed Solana (SOL), fueling speculation about a potential spot Solana exchange-traded fund (ETF). This move comes on the heels of Franklin Templeton’s successful launch of its Ethereum ETF, which garnered $13.2 million in initial inflows. Additionally, their …

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Ferrari cryptocurrency

Ferrari expands cryptocurrency payments to Europe

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Ferrari has expanded its cryptocurrency payment solutions to Europe, following a successful launch in the United States in October. By the end of July, Ferrari’s European dealer network will be equipped to accept crypto payments for its luxury sports cars. This initiative will also extend to other international dealers in countries where cryptocurrency payments are …

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Synthia Lummis Bitcoin

Senator Cynthia Lummis plans for Strategic Bitcoin Reserve

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Senator Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, Tennessee. This bill proposes that the Federal Reserve adopt Bitcoin as a strategic reserve asset. If successful, this legislation would mark a significant shift in U.S. monetary policy, positioning Bitcoin alongside traditional reserves like gold and …

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Ethereum first day

First day of Ethereum ETF sees $600M volume

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The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately …

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dydx

dYdX V3 Hacked Amid Sale Rumors

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dYdX V3 Platform Compromised On Tuesday, decentralized perpetual exchange dYdX reported a breach of one of its on-chain trading platforms. The compromise specifically targets dYdX v3, an older version of the platform that handles approximately $1.5 billion in derivatives trading volume weekly. The team has warned users to refrain from accessing exchange until further updates …

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Bitcoin Price Sideways as Mt. Gox Neutralises ETF Inflows

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The latest developments in the crypto market reveal a significant shift in Bitcoin price dynamics as the defunct crypto exchange Mt. Gox moved over 47,500 Bitcoin (BTC), worth approximately $3.2 billion, to multiple addresses. This major transfer has countered the positive impact of substantial Bitcoin ETF inflows, causing a noticeable effect on the Bitcoin price. …

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Bitcoin ETF

$BTC ETF sees $533M in inflows just before $ETH ETF launch

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$BTC ETF inflows reached $533 million ahead of the $ETH ETF launch, reflecting a strong interest in spot Bitcoin exchange-traded funds in the U.S. According to data from Farside Investors, these ETFs saw $533.6 million in inflows on July 22, the highest since June 4’s $886.6 million. This marks the third consecutive week of inflows …

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Larry Fink vs Jamie Dimon

Potential Picks for US Treasury Secretary

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As the 2024 US Presidential election approaches, speculation about key leadership appointments intensifies. If Donald Trump wins, he may nominate Larry Fink, CEO of BlackRock, or Jamie Dimon, CEO of JPMorgan, as the US Treasury Secretary. Both candidates bring significant financial expertise and contrasting views on Bitcoin, which could heavily influence America’s financial landscape. Larry …

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