According to Odaily, several YouTube accounts belonging to prominent Filipino musicians have been compromised to promote an XRP scam. Among the affected are the popular band Ben&Ben, the boy band SB19, and musician Rico Blanco. The scam typically directs victims to phishing websites to extract funds.

According to Odaily, Web3 developer and trading infrastructure platform Biconomy announced on the X platform that it has reached 55,000 daily transactions in the first half of 2024.

According to Odaily, the UK's Payment Systems Regulator and Financial Conduct Authority have issued a call for information regarding digital wallets. This move aims to gather comprehensive data on the usage and regulation of digital wallets in the country. The regulators are seeking insights from various stakeholders to better understand the current landscape and potential risks associated with digital wallets. This initiative is part of a broader effort to enhance the regulatory framework and ensure the safety and security of digital financial transactions.

According to BlockBeats, fintech company Caliza has successfully raised $8.5 million in a funding round led by Initialized. Caliza offers an API and front-end payment system that utilizes crypto stablecoins, particularly Circle's USDC, and existing real-time payment networks to facilitate instant transfers. This service also provides international merchants with access to U.S. digital dollar accounts. The startup has not disclosed its client list but mentioned that its customers primarily include banks or fintech companies aiming to enhance support for international transactions, as well as individuals needing remittance and payroll services. Currently, most of Caliza's ten-member team is based in Brazil. With the new funding, the company plans to double its workforce. Additionally, Caliza is advancing its previously announced local launch plans.

According to Foresight News, BNB has experienced a notable surge in its value. As per Biteget data, BNB has broken through the 570 USDT mark and is currently priced at 574 USDT. This represents a 24-hour increase of 7.55%.

According to Odaily, Theta Network has announced on the X platform that the mobile version of its Theta Edge Node for Android devices is scheduled to be released on September 25, 2024. This new version will feature a video object detection AI model (VOD_AI) capable of running on consumer-grade Android mobile devices.

According to CryptoPotato, the cryptocurrency markets experienced significant growth over the weekend, with over $100 billion added to the total market capitalization. This week’s economic events, although not as influential as the previous week’s key inflation reports, could still impact the markets. The primary market catalyst appears to be shifting towards the earnings season. Last week’s Consumer Price Index (CPI) report indicated the first month-on-month decline in inflation in four years, leading to a positive market reaction. On Tuesday, June’s retail sales data will be released, providing insights into consumer spending on various goods and the overall economic health. Industrial production reports are scheduled for Wednesday, but they are not expected to significantly impact the crypto markets. Additionally, home sales and manufacturing data reports are due this week, though they are also unlikely to affect high-risk asset markets. Key events to watch this week include Federal Reserve Chair Jerome Powell’s speech on Monday, June retail sales data on Tuesday, June building permits data on Wednesday, and the Philly Fed manufacturing data on Thursday. There are a total of 11 Federal Reserve speaker events this week, and large banks are set to report their Q2 2024 earnings. The Kobeissi Letter noted that the earnings season would lead into the July Fed meeting, bringing back market volatility. Powell’s comments are closely monitored by investors for any indications of shifts in monetary policy. His testimony before Congress last week boosted investor sentiment, leading to increased bets on interest rate cuts, with the first expected in September. The 2024 Q2 earnings season is intensifying, with several reports from major banks such as Goldman Sachs, Bank of America, and Morgan Stanley expected this week. In the crypto market, total capitalization reached $2.4 trillion for the first time in two weeks. Despite this, the market has been trending downward since early June, and it remains uncertain whether this trend has reversed. Bitcoin saw a 4.7% rally over the past 24 hours, reaching $63,000 in Monday morning trading in Asia. The asset has recovered 16% since its correction low on July 5. Ethereum also hit a two-week high of $3,360, while altcoins like Solana (SOL), Chainlink (LINK), and Near Protocol (NEAR) gained over 5% on the day.

According to U.Today, the crypto market has seen significant events this week, with XRP experiencing a notable price increase. Since the beginning of the week, XRP's price has surged by over 26%, reaching $0.566, the highest level since April 12. This marks its most impressive weekly performance in nearly a year. Notably, this surge coincides with the anniversary of the ruling in the SEC v. Ripple case, where a judge determined that XRP was not a security on July 13, 2023. This pivotal event has seemingly influenced the recent price increase of the cryptocurrency. In the current market conditions, XRP's future price trajectory appears to be at a critical juncture. The cryptocurrency is trading within a narrow range between $0.50 and $0.56 per token. If the price rises and closes above the upper boundary of this range, the bullish trend is likely to continue, potentially leading to further price increases. Conversely, if the price falls below the $0.50 mark, XRP could face days or weeks of declines. This moment is crucial for XRP, and continued positive performance could lead to significant developments or news regarding XRP or Ripple. The market is closely watching to see if the rally will persist, which could further impact the cryptocurrency's price.

According to U.Today, the Ethereum layer-2 (L2) scaling solution of the Shiba Inu ecosystem, Shibarium, has garnered significant attention from the community. Users have noted improvements in the protocol's interface, with executive member LucieSHIB highlighting discussions about the bridge from community members. This positive sentiment has positively impacted ecosystem tokens such as SHIB, BONE, and LEASH. The growing acceptance of the Shibarium bridge has led to a bullish trend for Shiba Inu (SHIB), Doge Killer (LEASH), and Bone ShibaSwap (BONE). Market data indicates that SHIB has increased by 3.61% in 24 hours, reaching $0.00001817. This growth is notable as the token strives to maintain its position among the top digital currencies by market capitalization. LEASH has risen by 5.36% to $333.58, benefiting from its alignment with the broader ecosystem. BONE, the primary utility token of the Shibarium platform, has seen the most significant growth, climbing 6.06% in 24 hours to $0.5056. This surge has contributed to a weekly growth of 12.81%, with a daily trading volume of $5,189,794, up by 14.51%. Shibarium serves as a crucial utility gateway for the Shiba Inu ecosystem. If the bridge continues to perform well, it could facilitate the introduction of more applications, driving demand higher. Shiba Inu is known for its continuous innovation, with many of these advancements hosted on Shibarium. The layer-2 ecosystem has undergone several upgrades this year, positioning it for improved performance. Shibarium remains a key factor in SHIB's growth, and as long as it continues to demonstrate growth trends, the price of the ecosystem token is likely to remain strong.

According to U.Today, Elon Musk, the owner of the social media platform X, recently posted a video featuring the X logo, sparking reactions from the global cryptocurrency community, particularly among XRP and SHIB supporters. The video, which may serve as a reminder of Musk's $44 billion acquisition of Twitter to promote free speech, drew immediate responses from crypto enthusiasts. A prominent XRP fan, @XRPcryptowolf, noted the similarity between the X app logo and the XRP coin logo, fueling speculation that XRP might be integrated into Musk's social media company. Despite these hopes, the Dogecoin community remains the most optimistic, given Musk's well-known support for the meme cryptocurrency. Additionally, a SHIB fan, “Shib Bender,” also reacted positively to Musk’s tweet. Last week, X Payments, a subsidiary of X, obtained a Money Transmitter License in another U.S. state, marking a significant milestone. With licenses now in 29 states, X aims to become a major player in online payments. However, the company will need additional licenses to process payments within these states. Earlier this year, it was announced that internal payments on the platform would be launched by the end of the year. X already offers crypto tipping, a feature introduced in 2021 by cofounder and former CEO Jack Dorsey, initially with BTC and later with ETH. Following Musk's acquisition of Twitter in 2022 and its rebranding to X in 2023, a subscription function was added, allowing content creators to receive monthly payments from subscribers.

According to U.Today, recent data from IntoTheBlock reveals that Bitcoin (BTC) whales have significantly increased their holdings by 71,000 BTC this week, capitalizing on the recent dip in BTC prices. The Large Holders Netflow metric, which tracks the activity of investors holding more than 0.1% of the total Bitcoin supply, indicates substantial accumulation by these large players. The netflow metric shows a significant increase, corresponding to an addition of more than 70,000 BTC, equivalent to over $4.3 billion. This accumulation occurred when the price of Bitcoin fell sharply to a low of $55,550. The timing suggests that the whales took advantage of the lower prices to add significantly to their positions. Following this accumulation, the price of BTC rebounded impressively, rising 10.3% to over $60,000 per BTC. This rebound underscores the impact of whale activity on the cryptocurrency market, highlighting how strategic moves by large holders can influence price trends. The large holder netflow metric serves as a valuable indicator of large investor behavior. Spikes in this metric typically signal accumulation, while dips indicate reduced positions or selling. This week's spike in netflow coincides with the recent drop in price, suggesting that the whales saw the lower prices as a buying opportunity. The rebound in the price of Bitcoin following their accumulation raises questions about the potential for market manipulation by the most powerful entities.

According to U.Today, a dormant Bitcoin wallet was reactivated earlier today after nearly 12 years, transferring $60 million worth of Bitcoin to two separate wallets. The wallet originally received 1,000 Bitcoins in September 2012, when Bitcoin was trading at just over $12. This reactivation is part of a broader trend this month, with several long-dormant Bitcoin addresses becoming active again. Notably, this month has seen a significant number of ancient Bitcoin addresses being reactivated. For instance, on July 12, two addresses containing a total of 50 Bitcoins were activated after more than a decade of inactivity. On July 8, an address with 48 Bitcoins was reactivated after 13 years. Additionally, on July 6, a whale wallet containing 1,004 Bitcoins was activated after more than a decade. So far, two whale wallets with over 1,000 Bitcoins each have been reactivated this month. This surge in activity from long-dormant Bitcoin whales is unusual. For comparison, only three transactions involving long-dormant Bitcoin whales were recorded by Whale Alert in April. In May, six such transactions took place, while June saw no activations of long-dormant wallets. As reported by U.Today, Bitcoin's price recently reclaimed the $62,000 level, reaching its highest point since early July. However, it is unlikely that the recent transfer of $60 million worth of Bitcoin is directly related to this price spike.

According to U.Today, Shiba Inu (SHIB) could be on the verge of a significant price increase as the market enters a recovery phase. Currently priced at $0.00001814, SHIB appears to be on the brink of a positive turnaround. The token has successfully climbed above the 50 EMA at $0.00001756, indicating a potential bullish momentum. The next resistance levels for SHIB are the 100 EMA and the 200 EMA, which could further support its upward movement. The daily chart shows SHIB in an upward trend, attempting to break out of its recent downward trajectory. With the Relative Strength Index (RSI) at 53, there is still room for additional upward movement before the asset becomes overbought. The increase in trading volume also supports the bullish outlook, suggesting that more investors are entering the market and driving prices higher. This optimism in the cryptocurrency market could benefit SHIB, potentially helping it achieve its long-term goal of erasing a zero from its price. On-chain data from IntoTheBlock indicates a rise in large transaction volume and overall trading volume for SHIB, suggesting increased popularity and activity. This increase in on-chain metrics often signals significant price changes, indicating that the token is becoming more widely used and adopted. The 200 and 100 EMAs will be crucial resistance levels to monitor. If SHIB successfully breaks above these levels, it could pave the way for additional gains and strengthen the bullish trend.

According to U.Today, Shibetoshi Nakamoto, co-creator of Dogecoin (DOGE), recently voiced concerns about the future of the market, stating, 'There will always be a crash at some point.' His comments were made in response to a question about whether the stock market is currently in a bubble. As of July 2024, the S&P 500 has been performing exceptionally well, nearing record highs with a year-to-date return of approximately 15%. This impressive performance positions 2024 to be one of the best-performing years for the index in the last 25 years. The technology sector has been a significant driver of this growth, with companies like Nvidia, Alphabet, Amazon, and Meta experiencing substantial stock price increases. This momentum reflects strong investor confidence in the ongoing expansion of artificial intelligence and other emerging technologies. However, the crypto market's performance has been more varied this year. Bitcoin saw significant growth leading up to the April 2024 halving event, even reaching a new all-time high. Despite this, it also experienced notable downward movements, with billion-dollar liquidations indicating a volatile market. Bitcoin's price chart does not resemble the 'up only' trajectory seen in the S&P 500. For Dogecoin, the situation is more subdued. Its year-to-date return stands at 32.6%, reflecting a less dramatic but still positive performance comparable to Bitcoin and the broader market. The question remains whether the S&P 500 will continue its upward trajectory or if a market correction is imminent.

According to BlockBeats, on July 15, the open-source computing platform Golem Network announced the launch of Modelserve, a new service aimed at running AI models on a large scale at low cost. Modelserve allows for the seamless deployment and inference of AI models through scalable endpoints, ensuring efficient and cost-effective AI application operations.

According to Odaily, the decentralized RWA stablecoin protocol has announced that its total value locked (TVL) has reached $100 million. This milestone highlights the growing adoption and trust in decentralized finance (DeFi) solutions. The protocol's achievement underscores the increasing interest in stablecoin applications within the DeFi ecosystem.

On Jul 15, 2024, 12:36 PM(UTC). According to Binance Market Data, BNB has crossed the 570 USDT benchmark and is now trading at 571.900024 USDT, with a narrowed 7.08% increase in 24 hours.

According to Odaily, Matt Sigel, Head of Digital Asset Research at VanEck, announced on the X platform that Bitcoin's Net Unrealized Profit/Loss (NUPL) is approaching 0.5, indicating a significant sentiment shift. The last occurrence of this was on February 8, when Bitcoin surged from $45,000 to $73,000 within 34 days, marking a 62% increase.

According to Foresight News, the modular RWA Layer 2 network Plume has officially launched its testnet. This development follows the completion of a $10 million seed funding round, led by Haun Ventures.

According to Odaily, Arbitrum has announced an extension for the application deadline for individuals interested in joining the Game Catalyst Program (GCP) Committee. The new deadline is set for July 16. Previously, ArbitrumDAO had indicated its search for individuals to join the GCP Committee to help develop the Arbitrum gaming ecosystem.