Crypto News
This Week on Crypto Twitter: Trump Keeps Beating Bitcoin Drum as Markets Melt Down
Crypto tweeters debated Trump's sincerity after Bitcoin 2024 as the U.S. and Russia made crypto moves—and prices plunged.Source link
Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review
The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the soleSource link
Abu Dhabi Unveils Blockchain Center to Drive Blockchain Innovation
A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups. Center to Serve as Platform for Launching Latest Blockchain Technology Apps ASource link
Solana DeFi Trading Volume Tops Ethereum for the First Time in July—Here’s Why
With meme coins on Solana exploding, the Ethereum rival has become “the blockchain of fun and for the people,” one expert says.Source link
Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company
Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil,Source link