Linea releases tokenomics: ETH used for gas, LINEA neither gas nor governance token
Linea, the Ethereum layer 2 network developed by ConsenSys, has officially released its LINEA tokenomics framework, revealing a unique Ethereum-aligned model. The update was shared in a July 29 blog post and arrives ahead of Linea’s anticipated Token Generation Event.…...
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220,000 ETH in 48 Hours: Ethereum Price Rally on the Way?
TL;DR Whales have purchased nearly $850 million worth of ETH in just two days. Other bullish signals for the cryptocurrency include the declining supply of tokens on exchanges and the solid interest in spot Ethereum ETFs. The Largest Whales on the Move Despite not posting any major gains in...
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This Vape Company Aims to Establish the Largest Publicly-Traded BNB Treasury Firm in the US
CEA Industries Inc., a Canadian vape company, saw its stock surge by 550% following its pivot into digital assets. The entity announced it had priced an oversubscribed and upsized PIPE financing round, backed by 10X Capital and YZi Labs, in a bid to transform into a BNB-focused treasury vehicle....
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Bitcoin Trades Flat Ahead Of Fed Interest Rate Decision; Ethereum, Dogecoin Gain: Analyst Says ‘Next Impulse’ Will Send BTC To $130,000
The cryptocurrency market remained calm Tuesday ahead of the Federal Reserve’s interest rate decision, with traders expecting the central bank to keep rates unchanged. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.26% $117,951.86 Ethereum (CRYPTO: ETH) +1.63% $3,804.28 Dogecoin (CRYPTO: DOGE) +0.86% $0.2255 What...
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Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B
The combined Open Interest of the top altcoins has seen recovery recently, with Ethereum contributing to the largest part of the swing. Ethereum, XRP, Solana, And Dogecoin Have Seen A Rise In Open Interest In a new post on X, the on-chain analytics firm Glassnode has talked about the...
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Key player in $13M crypto Ponzi scheme pleads guilty
Vincent Anthony Mazzotta Jr has pleaded guilty to money laundering and conspiracy to obstruct justice, which together carry a maximum of 15 years in prison....
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Coinbase to launch nano XRP and SOL perpetual futures for US traders on August 18
Coinbase’s expansion into nano futures could enhance market liquidity and accessibility, potentially attracting more US traders to crypto derivatives. The post Coinbase to launch nano XRP and SOL perpetual futures for US traders on August 18 appeared first on Crypto Briefing....
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Asia Morning Briefing: SEC’s In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. On Wednesday in the U.S.,...
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Kraken Aims To Raise $500 Million, Second-Largest US Crypto Platform Eyeing A $15 Billion Valuation: Report
Cryptocurrency exchange, Kraken, is planning to raise $500 million in funding, a move that could push its valuation to $15 billion, according to a report published Tuesday. What Happened: Kraken, America’s second-largest cryptocurrency trading platform, is preparing for a major funding round, tech and business-focused media company The Information reported, citing sources familiar...
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Finance Author Warns Of Great Depression Style Crash, Is Bitcoin The Answer?
Renowned financial educator and author of Rich Dad Poor Dad, Robert Kiyosaki, has issued a strong warning about the state of the US economy. He believes America is dangerously close to repeating the economic devastation of the 1929 crash, raising concerns for anyone whose retirement funds are heavily invested...
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