David Cox

Aug 8, 2024 | cryptonewsz.com | Vignesh Karunanidhi |David Cox |Scott Cook

The 2024 U.S. presidential race is heating up, with an unexpected twist in the crypto community’s allegiances. Vice President Kamala Harris is challenging former President Donald Trump’s once-solid lead and attracting support from key players in the digital asset space with her changing stance on crypto. From Trump to Harris: Crypto’s Shifting Political LandscapeJust three weeks ago, Trump’s path to the White House seemed almost certain, bolstered by his crypto-friendly policy promises.

Aug 6, 2024 | cryptonewsz.com | Maxwell Mutuma |David Cox

Nasdaq has formally petitioned US regulators to allow options trading on Ethereum ETFs, which shows the further development of digital asset exchanges. This proposal focuses on the iShares Ethereum Trust, managed by Blackrock and traded only on the Nasdaq exchange. The decision highlights investors’ increasing desire to increase their exposure to cryptocurrency products amid high price fluctuations.

Aug 6, 2024 | cryptonewsz.com | Maxwell Mutuma |David Cox

Metaplanet has revealed that it aims to garner ¥ $10.08 billion, or $70 million, in funding. This will increase the company’s investment in Bitcoin (BTC). The funds will be raised by issuing stock purchase options to shareholders. Metaplanet Plans Massive Bitcoin Investment PushMetaplanet plans to raise ¥8.5 billion to buy more Bitcoin. On September 5, they will distribute one stock acquisition right for each outstanding common share.

Aug 6, 2024 | cryptonewsz.com | Kelvin Maore |David Cox |Scott Cook

Amid yesterday’s historic market crash, the global crypto market has rebounded slightly, recovering some of its losses as key players trade in the green again. Among these tokens is Shiba Inu (SHIB), which has refrained from adding another zero to its price. As observed on TradingView, Shiba Inu exhibited a 41% dip since the debut of the ETH ETF to a $0.00001079 low, an area last seen in February this year.

Aug 6, 2024 | cryptonewsz.com | Maxwell Mutuma |David Cox

The Binance cryptocurrency exchange recorded a net inflow of $1.2 billion in the last 24 hours. This is much higher than the numbers of its competitors, OKX and Bybit. This shows that more and more investors are turning to Binance, especially with the current market fluctuations. Binance CEO Reports Record Capital InflowAfter Richard Teng took the CEO position at Binance, this exchange attracted a lot of capital. Teng added that this is among the top net inflow days of 2024.