Crypto News

Financial analyst Taylor Kenney warns that current government monetary policies are accelerating a massive, hidden transfer of wealth to economic elites while creating a deceptive “illusion of prosperity” for the general public. Wealth Transfer Accelerates as Currency Devalues, Gold Advocate Warns Taylor Kenney of the full-service precious metals firm ITM Trading argues that continuous governmentSource link

According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said its system detected a hack into the Indian centralized exchange,Source link

The fee rate to get a Bitcoin transaction processed just got cut substantially as miners struggle to fill blockspace.Source link

The cryptocurrency market experienced a significant week, highlighted by bitcoin surpassing $123,000 on July 14, followed by a surge in altcoins, particularly ethereum, which saw double-digit gains. XRP also performed well, peaking at $3.66. Cryptocurrency Market Enjoys Milestone Week The cryptocurrency market once again had a milestone-setting week that started with bitcoin ( BTC) breachingSource link

Crypto exchange-traded funds (ETFs) raked in $766 million on Friday, July 18, with ether ETFs once again outpacing their bitcoin counterparts. Fueled by Blackrock’s dominance, ether products continue to gain serious institutional momentum. Blackrock Dominates As Crypto Funds Pull $766M in Daily Inflows For the second day in a row, ether ETFs outpaced bitcoin ETFsSource link