InvestaFeed.com | Page 102 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

Is Bitcoin Still a Store of Value?

It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.

Cryptocurrency

5 Aug 2024

Arizona primary involving crypto Super PAC’s $1.3M is a squeaker

The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.

Cryptocurrency

5 Aug 2024

Elon Musk renews lawsuit against OpenAI, Sam Altman — Filing

Musk claims he was misled about the ChatGPT creator’s true purpose.

Cryptocurrency

5 Aug 2024

Key takeaways from the Golden Boys’ attack on Compound DAO

A group of Compound DAO members called the "Golden Boys" won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.

Cryptocurrency

5 Aug 2024

DePIN and Machine Data Can Change Web3

DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol.

Cryptocurrency

5 Aug 2024

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren’s Headwinds

A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.)

Cryptocurrency

5 Aug 2024

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors.

Cryptocurrency

5 Aug 2024

CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline

The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.

Cryptocurrency

5 Aug 2024

First Mover Americas: Bitcoin Crashes to $50K as ‘Perfect Storm’ Hits Crypto Market

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

5 Aug 2024

Nasdaq 100 and Nikkei 225 Suffer Huge Losses, while Dow Heads Lower

Global indices are suffering more heavy losses, and the Nasdaq 100 is expected to start the day around 900 points lower

Forex

5 Aug 2024

Deposit $FDUSD, Earn $FDUSD!

Simply deposit FDUSD, the latest US dollar stablecoin to be listed on Coins, and win FDUSD token rewards back!

Cryptocurrency

5 Aug 2024

Enjoy Zero Fees on USDT Withdrawals via Solana!

Take advantage of 1 month of zero gas fees when you withdraw USDT using the Solana Network. Hurry, promo lasts from August 5 to September 5, 2024 only!

Cryptocurrency

5 Aug 2024

Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges

The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off.

Cryptocurrency

5 Aug 2024

Crypto Stocks Slump as Bitcoin, Ether Tumble

Coinbase, MicroStrategy and miners fell as equity markets declined worldwide.

Cryptocurrency

5 Aug 2024

Risk Gauges Flash Red: VIX, Stocks, Bonds, USD and the Japanese Yen

Risk assets are getting pummeled, especially in Asia at the start of the new week. Numerous macroeconomic factors have aligned to force a shift towards traditional safe havens

Forex

5 Aug 2024

Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind

Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.

Cryptocurrency

5 Aug 2024

July Top Trader Program Winners

Winners are in! Congratulations to the July Top Traders!

Cryptocurrency

5 Aug 2024

PSE Index Review: No change in PSEi composition

The Philippine Stock Exchange, Inc.’s (PSE) regular index review covering the July 2023 to June 2024 trading period showed the 30 companies comprising the PSE index (PSEi) will stay as is. The current PSEi members remain to be among the top stocks in terms of market capitalization, liquidity, and free float level. “The index review…

News

5 Aug 2024

Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.

Cryptocurrency

5 Aug 2024

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether prices also fell to $2.2K.

Cryptocurrency

5 Aug 2024

Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021

A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.

Cryptocurrency

5 Aug 2024

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

Cryptocurrency

5 Aug 2024

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country ye...

Cryptocurrency

5 Aug 2024

6 Indicators of Economic Trouble: Is a US Recession on the Horizon?

At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood...

Cryptocurrency

5 Aug 2024

South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative retu...

Cryptocurrency

5 Aug 2024

Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.

Cryptocurrency

5 Aug 2024

New Senate Bill Empowers US Secret Service to Combat Digital Asset Cybercrimes

U.S. senators have introduced legislation to empower the Secret Service to combat cybercrimes involving digital assets. This legislation addresses the growing use of cryptocurrencies for illicit activities and mandates the Government Accountability Off...

Cryptocurrency

5 Aug 2024

Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He belie...

Cryptocurrency

4 Aug 2024

An Analysis of Solana’s Celebrity Memecoin Invasion

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates delves into the rise of Sol...

Cryptocurrency

4 Aug 2024

Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina regis...

Cryptocurrency

4 Aug 2024