Binance to Support FRONT to SLF Token Swap and Rebranding
TL;DR Binance will support the swap and rebranding of FRONT to SLF, with the delisting of FRONT trading pairs on August 27, 2024. New SLF/BTC,...
Tag : Crypto
Samson Mow Highlights Why Bitcoin Is a Safe Haven
by Fernando
TL;DR Samson Mow explains why Bitcoin is considered a “risk-off” asset for certain investors. The CEO of JAN3 highlights four groups that view the crypto...
Raoul Pal Predicts Solana Could Surge Over 600%, But Ethereum Remains Dominant
by Fernando
TL;DR Raoul Pal’s Prediction: Solana (SOL) could reach prices above $1,000, representing a potential increase of at least 604% from its current price, according to...
IMF Proposes Electricity Tax to Curb Carbon Emissions from Crypto Mining and Data Centers
TL;DR Cryptocurrency mining and data centers account for 2% of global electricity consumption and nearly 1% of carbon emissions. These figures are expected to rise...
Tron Emerges as a Major Contender in Digital Payments: USDT Volumes Surge and DeFi Growth Accelerates
by Fernando
TL;DR Tron (TRX) has reached a daily transaction volume of $1.25 trillion in USDT in Q2 2024, representing about one-third of Visa’s annual volume. The...
Solana DEX Activity Generates $500M in Fees, Sparking Debate Over Network Costs and Efficiency
TL;DR Solana has raised over $500 million in DEX fees, sparking debate about their impact on end users. Pump.fun, with over 48,000 daily users, has...
Hedera Partners with Copper to Enhance Institutional Access to HBAR
by Fernando
TL;DR Copper will provide custody and staking services for Hedera’s HBAR token and facilitate institutional investors’ entry into DeFi. HBAR will be integrated into Copper’s...
Bitcoin Suffers Pressure from Whales
TL;DR Whales have liquidated over 10,000 BTC, equivalent to $600 million, creating downward pressure on the market. Bitcoin remains in a consolidation phase around $59,000,...
Marathon Digital Announces $250M Convertible Notes Offering to Strengthen Bitcoin Holdings
TL;DR Marathon Digital Holdings will conduct a private offering of $250 million in convertible senior notes, maturing in 2031. The funds will be primarily used...
Zcash Founder Pushes for Hybrid PoS Upgrade at Shielded Labs
by Fernando
TL;DR Zooko Wilcox, the founder of Zcash, claims that Zcash is the most important project in the world and is gaining ground in the fight...