Bitcoin Mining Giants from Wall Street: Ranking the Top 5 by Market Cap
www.financemagnates.com

Over 20 companies engaged in Bitcoin (BTC) mining, the process of extracting the oldest cryptocurrency for profit, are now listed on global stock exchanges. Wall Street is home to the vast majority of them, and it’s where we find the largest publicly traded BTC miners. But which one is the biggest? Let’s find out! Who […]

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FBI Warns of Scammers Impersonating <b>Cryptocurrency</b> Exchanges | Technology For You
www.google.com

HOW THE SCAM WORKS. The scammer contacts the victim via an unsolicited call or message and pretends to be a cryptocurrency exchange employee. The …

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Crypto and Stock Prices Tumble on Friday As New Labor Report Reveals a Rising Unemployment Rate in the US
dailyhodl.com

Crypto assets and the stock market tumbled on Friday after the U.S. Bureau of Labor Statistics (BLS) published a report that painted a gloomy picture of the American job market. The BLS notes the US unemployment rate rose to 4.3% in July, its highest mark since October 2021. There were some employment gains in healthcare, […]

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Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency
dailyhodl.com

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that Japan has reduced its massive […]

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MicroStrategy Raises US $2 Billion to Buy Bitcoin as Questions Emerge Over Cash Flow
cryptonews.com.au

The biggest Bitcoin maximalist of Bitcoin maximalists, Michael Saylor and MicroStrategy, are raising money once more to purchase US $2b of Bitcoin. The company already holds nearly US $15b of the asset, making its portfolio almost 15x larger than the next biggest among public companies.  Despite the growth of BTC in the past quarter, MicroStrategy’s […]

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Coinzoom Operations Suspended in Ohio Following Regulatory Examination
news.bitcoin.com

The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the exchange cannot accept new business. The suspension follows a multi-state examination revealing financial discrepancies. Coinzoom is seeking an administrative hearing to address the […]

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Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel
www.newsbtc.com

In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar […]

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Dogwifhat open interest declines 28% amid fears of $1.50 ‘likely retest’
cointelegraph.com

Crypto traders claim that Dogwifhat will “likely retest” the critical support level as its price and open interest have both plummeted since July 27.

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Michael Saylor Makes Crucial Bitcoin Strategy Statement As BTC Reclaims $65,000
u.today

Michael Saylor makes important statement about how Bitcoin helps his company outperform rivals

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Global Liquidity Hits All Time High, Bitcoin To Follow?
bitcoinmagazine.com

According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major bull runs. Global liquidity is the total amount of money circulating in the global financial […]

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Manhattan District Attorney Charges Man Who Allegedly Used Fake Crypto Recovery Business To Steal From Customers
dailyhodl.com

A man who operated a purported crypto asset recovery business has been arrested and is now facing criminal charges for allegedly defrauding dozens of people. In a statement, Manhattan District Attorney Alvin L. Bragg, Jr. says that Michael Lauchlan has been charged with stealing from customers of Coin Dispute Network (CDN), which claimed it can […]

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Russia approves law on legalizing <b>cryptocurrency</b> mining – Apa.az
www.google.com

The Federation Council at a meeting approved a law legalizing cryptocurrency mining in Russia. The document was initiated by a group of deputies …

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Circle’s Euro Stablecoin EURC Now Live on Base – Here’s How You Can Get In!
crypto-economy.com

TL;DR EURC Now Live on Base: Circle, a major digital currency company, has officially launched EURC, a euro-backed stablecoin, on the Base mainnet—an Ethereum Layer 2 network. Bridging Traditional Finance and On-Chain Economy: Jesse Pollak, Base’s creator, highlights that EURC’s launch modernizes the traditional financial system by bringing the euro onto the blockchain. Facilitating Cross-Border […]

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$ONI Cat Meme Surges 2000% As New Hot Pair On iCrypto
nulltx.com

In the ever-evolving landscape of cryptocurrency memes, $ONI has emerged as a standout, capturing attention in iCrypto’s “Hot Pair” section. Unlike its dog-themed counterparts like $NEIRO, which stirred excitement as the next $DOGE, $ONI, a newly launched cat meme token, has quickly distinguished itself with a dramatic 2000% surge in just 14 hours. The rise […]

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Crypto Markets Shed $150 Billion in 2 Days as Bitcoin (BTC) Dumped to $60.5K (Weekend Watch)
cryptopotato.com

The economic uncertainty in the US pushed bitcoin’s price south hard in the past day or so, and the asset plunged to $60,500 for the first time in almost three weeks. The altcoins are in an even worse state, with SOL, TON, and UNI plummeting by over 5% in the past day. ETH has slipped […]

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Coinbase Posts US $1.45 Billion in Revenue as Crypto.com Outshines in Trading Volume
cryptonews.com.au

Crypto.com has jumped to the top of monthly transaction volume rankings for USD-based exchanges. The platform owned 38.5% of the market share in July, compared to main competitor Coinbase with 35.77%. Despite falling down the leaderboard, Coinbase’s L2 scaling solution, Base, propelled the company to a successful Q2. Coinbase beat market expectations to post US […]

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Iran Backs Russia on BRICS Single Currency Initiative
news.bitcoin.com

Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate […]

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Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report
www.newsbtc.com

Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients.  Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote […]

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Grayscale Ethereum ETF outflows exceed $2B
cointelegraph.com

While Grayscale’s spot Ether ETF experienced substantial outflows, other ETFs are showing different trends.

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Large-Cap Ethereum Rival Forming a Bullish Pattern That Could See It Surge by up to 63%, Says Crypto Trader
dailyhodl.com

A closely followed crypto analyst says that one prominent Ethereum (ETH) competitor is gearing up to spark a rally. In a new strategy session, crypto trader Ali Martinez tells his 68,700 followers on the social media platform X that smart contract platform Solana (SOL) could be forming a bullish pattern on its four-hour chart that […]

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Stablecoin Market Cap Rises in July for 10th Consecutive Month, Hitting Highest Point Since April 2022: CCData
dailyhodl.com

Stablecoins are on the rise, according to a crypto data firm. The platform CCData notes in a new report that stablecoin market cap rose 2.11% last month, the 10th consecutive end-of-month market cap increase for the sector. “This is the highest monthly rise in the stablecoins market capitalization since April, suggesting inflows of new capital […]

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'Time to Pay Attention': John Bollinger's Bitcoin Price Outlook Update
u.today

John Bollinger and crypto analysts warn of big Bitcoin price moves as tight Bollinger Bands signal action

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Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
bitcoinmagazine.com

Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week.  The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate.  Thunder Funder leverages the Reg CF framework, which permits companies […]

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ED raids in Leh, Jammu, Sonepat in major <b>cryptocurrency</b> fraud – Daily Excelsior
www.google.com

As per the officials, it is alleged that 2,508 investors deposited more than Rs 7.34 crore in a fake cryptocurrency business in the name of “Emollient …

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Ethereum Price Analysis: ETH Plunges Below $3K But What’s the Lowest it Can Go?
cryptopotato.com

Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the […]

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Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says
www.newsbtc.com

In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s analysis further highlights this pattern in its latest weekly report. According to Coinbase analysts David Duong and David […]

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JPMorgan Chase and Wells Fargo Reimburse 4% or Less of All Scams Reported by Customers on Billion-Dollar Payments Network: Report
dailyhodl.com

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers, according to a new report. New numbers from the US Senate’s Permanent Subcommittee on Investigations show Chase reimbursed 2% of scams reported on the instant payments network Zelle in 2023. That compares to 4% at […]

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Bitcoin Volatility Hits New Highs Amid Global Tensions: What Can Happen with BTC Price?
crypto-economy.com

TL;DR Bitcoin Volatility Metrics: BTC volatility is currently at multi-month highs, reminiscent of early May levels. Over 90,000 traders faced liquidations, resulting in total crypto market liquidations of $267.95 million. Geopolitical Tensions: The ongoing conflict between Israel and Hezbollah has escalated, creating risk-off sentiment in global markets. Similar reactions occurred during the Russia-Ukraine conflict and […]

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Earn passive income from home with NFTcolo’s free crypto investments
nulltx.com

To enable people around the world to earn passive income without leaving their homes, NFTcolo is excited to launch its cutting-edge and easily accessible crypto investment service. Since its founding in 2021, NFTcolo has been leading the Crypto investment industry, combining platform diversified investment with the most advanced quantum technology to create a profitable, safe […]

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Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
news.bitcoin.com

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency. Ahmed stated that the intention is to unify the official and parallel market exchange rates. Reports suggest that Ethiopia’s decision to float the birr was promptly rewarded […]

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Sen Lummis bill gains swift support with 2,200 letters sent
cointelegraph.com

A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking.

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Willy Woo Says US$24 Million Per BTC Questionable, Here’s His Take
cryptonews.com.au

VanEck forecasts Bitcoin’s price could hit US$52.4M by 2050, while its bearish scenario still sees US$130K. Willy Woo challenges extremely high forecasts, seeing a more realistic US$700K cap if Bitcoin captures 3% of global assets. Woo believes Bitcoin will overhaul financial systems as it potentially surpasses the market cap of all fiat currencies. We’ve heard […]

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