20/8/2024
latest crypto market news
I've got the scoop on the hottest crypto news for you! Here are the top stories :
- Tether Mints $1 Billion USDT: Tether has minted an additional $1 billion USDT on the Tron network, bringing the total to 33 billion in the last year.
- Bitcoin Whales Slow Down: Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.
- Polychain Leads $6.7M Investment: Polychain leads a $6.7 million investment in new Bitcoin-centric yield network Corn, which aims to unlock more of Bitcoin’s $1.1-trillion liquidity for DeFi applications.
- Nigerian SEC to Issue Crypto Licenses: The Nigerian SEC is set to issue licenses to crypto platforms as the market size grows.
- Binance's Return to India: Binance is back in India, but with an $86 million tax demand.
- Ledn Secures $50M Bitcoin-Backed Loan: Ledn has secured a groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, which is set to transform retail lending and institutional crypto finance.
- Ethereum Correction: Ethereum is experiencing a correction, with metrics suggesting it's in the late stages.
- Bitcoin Open Interest Surges: Bitcoin open interest has surged to $365 million ahead of the US election.
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