Crypto News

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies.Source link

Solana (SOL) Faces Record Outflows Amid Modest Digital Asset Inflows

Digital asset investment products saw $30m in inflows last week, while Solana (SOL) experienced record outflows, according to CoinShares. (Read More)Source link

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explainingSource link

Binance Futures Introduces USDⓈ-Margined SYS Perpetual Contract with Up to 50x Leverage

Binance Futures will launch the SYSUSDT Perpetual Contract with up to 50x leverage, starting August 19, 2024, at 12:30 (UTC). (Read More)Source link

TON Leads Crypto Majors as BTC, ETH Remain Flat

GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia.Source link