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Jump Trading transfers $46.44M in ETH amid sell-off, manipulation fears

Flyhightechno August 14, 2024News

Jump Trading moved 17,049 ETH from Lido, valued at $46.44M, raising market fears. Yet, data hints at a strategic liquidity setup. Source link

Ethereum ETFs show mixed signals as ETHE reports $31M outflow

Flyhightechno August 14, 2024News

Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution. Source link

Kamala Harris may continue the Biden administration’s crypto crackdown

Flyhightechno August 14, 2024News

Harris is preparing to unveil plans about her economic policy in a mid-August speech.  Source link

Pump.fun daily revenue outpaces the next 24 protocols combined

Flyhightechno August 14, 2024News

Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else. Source link

Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days

Flyhightechno August 14, 2024News

The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst. Source link

Memecoin ‘retail mania’ could go the way of ICOs and NFTs, say execs

Flyhightechno August 14, 2024News

Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum. Source link

Hive Digital sales up 36% as Bitcoin miner forays into AI compute

Flyhightechno August 14, 2024News

Hive’s new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024. Source link

Vivek Ramaswamy predicts Kamala Harris may adopt pro-crypto position

Flyhightechno August 14, 2024News

Both Kamala Harris and her running mate, Tim Walz, have yet to present clear policy positions on digital asset regulation in the United States. Source link

DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame

Flyhightechno August 14, 2024News

Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame Source link

WonderFi expands to Australia — Blockchain Futurist Conference

Flyhightechno August 13, 2024News

The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year. Source link

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