Ethereum traders say ETH price at risk of a deeper correction to $1.6K
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600. Ether’s price is trading 25% above the eight-month low of $2,112, reached on Aug. 5. The…
Public miners raised $2.2B as cash flow crunch intensifies post-halving
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024. Public mining companies are turning to debt financing…
Circle proposes new capital-risk framework for stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework. Circle, the issuer of the USD Coin (USDC) stablecoin, recently…
Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June. The bankruptcy of Flowbank could have…
Haun Ventures backs Chaos Labs with $55M Series A funding
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures and The Spartan Group. Chaos Labs has closed a $55 million Series A funding round…
Tron network exceeds Ethereum revenue over the past 90 days
According to data from DefiLlama, the Tron network has accrued $1.31 million in network revenue during the past 24 hours alone. The Tron network has exceeded the Ethereum network’s revenues over…
Solana ETFs will not see significant demand — Sygnum research head
Low uptake of Grayscale’s Solana fund is an early indicator, she said. Solana exchange-traded funds (ETFs) will not see significant demand among United States investors, according to Katalin Tischhauser, head of…
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