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The recent downgrading of the country's credit rating is no reason for fear, according to billionaire venture investor Chamath Palihapitiya.The United States' long-term credit rating was lowered by Fitch on August 1 from AAA to AA+…

Benjamin Cowen, a well-known cryptocurrency expert, has recently speculated that a single incident might cause Ethereum's (ETH) value to fall significantly in comparison to Bitcoin's (BTC).The Daily Hodl reported earlier today that in…

Tether, a creator of the USDT stablecoin, may have become the eleventh biggest Bitcoin holder. The stablecoin issuer just released its Q2 2023 attestation report, so this is timely.The research states that Tether has seen a growth of…

Elon Musk, owner of X and a billionaire businessman, made an intriguing comment on cryptocurrencies earlier today.Musk has warned about a new kind of cryptocurrency that has nothing to do with Twitter. In response to a user who pointed…

More CRV coins have been sold by Curve Finance's founder Michael Egorov. For a grand total of $42 million, he shifted 106 million CRV tokens.Since yesterday, he has sold an additional 34 million Curve DAO (CRV) tokens to a wide range…

The dYdX team is considering making its governance token the chain's primary currency.The dYdX Chain, a decentralized derivatives trading platform, is now in a beta testing phase, and the exchange is considering making its governance…

Shiba Inu, formerly known as a "meme coin," is reportedly trying to rebrand itself to join the ranks of more serious Decentralized Finance (DeFi) competitors.An important development that will alter the Shiba Inu ecology in fundamental…

On Thursday, Coinbase announced the financial results for the second quarter. Mark Palmer, an analyst at Berenberg, predicts that "COIN" will drop below $39 in the near future.Despite the fact that the cryptocurrency exchange posted…

Block's Cash App saw a decline in Bitcoin sales in the second quarter of 2023, while overall earnings were up 7 percent over the same period in 2022.Although Block Inc.'s second-quarter results exceeded profits forecasts, including a…

Upbit, a cryptocurrency exchange, achieved a new monthly high in spot trading volume in July, surpassing that of both Coinbase and OKX for the first time.According to information released on August 3 by CCData, the South Korean…