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UEFA Champions League Welcomes Crypto.com as First Global Crypto Partner
On August 14, Crypto.com, a crypto exchange based in Singapore, announced a partnership with the UEFA Champions League as the first and exclusive global crypto platform partner. This multi-year partnership is designed to enhance fan experiences and integrate cryptocurrency into the global sports arena. Read more
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MetaMask Starts Rollout of Its Crypto Card with Mastercard
MetaMask, the popular self-custodial crypto wallet for the Ethereum (ETH) network, is starting the rollout of its blockchain-based debit card developed with payments giant Mastercard (MA) and crypto payments specialist Baanx. Read more
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Coinbase opposes SEC proposal to redefine exchanges to include DEXs
Coinbase has submitted a strongly worded comment letter to the US Securities and Exchange Commission (SEC) opposing the agency’s proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). Read more
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Bitcoin’s (BTC) Price Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Since February 2023
Dwindling “exchange stablecoins ratio” points to declining selling pressure in the BTC market, CryptoQuant said. Read more
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Polymarket’s Economic Risk Forecast
Polymarket, the world’s largest prediction market, has emerged as a developing tool for forecasting economic risks. Read more
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The Open Network’s TON Token Jumps Over 8% Following Binance Listing
The Open Network’s native currency Toncoin (TON) is up by 8.2% on the day, following an announcement that crypto exchange Binance would list the token. Read more
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EV Sales Boom in the US
According to recent reports, U.S. electric vehicle sales are surging despite political misinformation and divisive rhetoric surrounding EVs. Read more
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Institutions Are ‘Buying the Dip’ as Crypto Finds a Footing Following Recent Market Slump
Institutions have been scooping up crypto following this week’s rout, which wiped some $230 billion from the market and dragged major asset prices to lows not seen in months. Read more
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The Global Stock Rout
As reported by Reuters and Bloomberg, global stock markets experienced a significant sell-off on August 5, 2024, with investors fleeing to the safety of bonds amid growing concerns about a potential U.S. recession and the Federal Reserve’s policy stance. Read more
