Arthur Hayes: Bitcoin Will Fall Below $50,000 This Weekend
On Friday, co-founder and former CEO of BitMEX crypto exchange Arthur Hayes stated that he predicts Bitcoin’s price will go below $50,000 over the weekend.
Spot Bitcoin ETFs Keep Bleeding
On September 5, the top 12 Bitcoin ETFs experienced significant outflows of $211.15 million, representing an increase of over six times compared to the previous day’s outflows of $37.29 million.
Mastercard Unveils a Non-custodial Crypto Spending Feature
Mercuryo, a platform for crypto payment infrastructure, has announced the launch of Spend in Europe in partnership with Mastercard.
Agora-Backed AUSD Stablecoin is Live on Sui
Grand Cayman, Cayman Islands, 5th September 2024, Chainwire
Japan Could Tax Crypto as a Financial Asset
Japan’s Financial Services Agency has suggested the possibility of taxing crypto holdings as financial assets rather than as income.
Swiss Bank ZKB Launches Bitcoin and Ether Trading for Retail Customers
Zürcher Kantonalbank (ZKB), the fourth-largest bank in Switzerland, is now offering retail customers the option to buy, sell, and hold Bitcoin and Ethereum.
Robinhood Settles Charges with California Department of Justice
Robinhood’s subsidiary for trading cryptocurrencies previously prohibited customers from withdrawing the tokens they purchased.
BC.GAME Unveils Brand Upgrade to Enhance Its iGaming Platform
WILLEMSTAD, Curacao, 4th September 2024, Chainwire
Floki Announces Partnership with OG Esports for Valhalla Metaverse Game
Miami, Florida, 4th September 2024, Chainwire
Nexo Resumes Registrations in UK
In accordance with the new guidelines set by the Financial Conduct Authority (FCA), Nexo, a centralized crypto lender, has resumed client registrations for UK residents on Tuesday.
Ripple Plans to Add Smart Contracts to XRP Ledger
Ripple has announced plans to integrate smart contracts into the XRP Ledger (XRPL) developer ecosystem.
Matter Labs Reduces Workforce by 16%
Matter Labs, the main developer behind the Ethereum layer-2 protocol ZKsync, has announced a restructuring that includes laying off 16% of its employees.
Forgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design, Liquidity Monitoring, and Token Cap Table Management
New York, NY, 3rd September 2024, Chainwire
Qatar Launches a New Regulatory Framework for Digital Assets
The Qatar Financial Centre, located in Doha, Qatar and designated as a special economic zone, has recently announced a regulatory framework for digital assets in response to the increasing cryptocurrency activities in the region.
Weekly Outflows from Crypto Investment Products Hit $305M
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
