MicroStrategy’s Bitcoin holdings are on the rise

MicroStrategy Incorporated (Nasdaq: MSTR) reported its financial results for Q2 2024, revealing an increase in its Bitcoin holdings. The company acquired 12,222 bitcoins since the beginning of the quarter, at an average price of $65,882 per bitcoin, bringing its total holdings to 226,500 BTC, purchased for $8.3 billion at an average cost of $36,821 per […]

TL;DR The price of Kujira token (KUJI) has dropped by 42.68% in 24 hours, standing at $0.5451. The Kujira Foundation is facing a liquidation crisis with $5 million outstanding debt. The team insists that the situation is not comparable to the collapse of Terra, despite speculation. Kujira, a project based on the Cosmos blockchain, is […]

TL;DR Injective’s Altaris upgrade has been approved with high participation from $INJ stakers. Upgrade deployment has begun, please refrain from making any transactions until it is complete. The upgrade includes improvements in scalability, real-world asset integration, and advanced smart contract capabilities. Injective, a layer-1 blockchain focused on DeFi applications, is in the process of implementing […]

BlockDAG CEO’s Sizzling Interview Sparks $1 Million Presale Surge Overnight, Stealing Attention From ARB Whales & TON Price Rally! Recent market trends show Toncoin (TON) struggling to maintain its bullish momentum, with prices hovering around $6.66 due to significant selling pressure. Similarly, Arbitrum (ARB), despite an increasing whale count, faces challenges, trading at $0.73 as […]

Futu Securities International, an online broker in Hong Kong, has introduced retail cryptocurrency trading in the city. The company now allows Hong Kong residents to trade bitcoin and ether directly on its platform using either Hong Kong or US dollars, according to an announcement made today (Thursday). Futu recently received a securities license upgrade from […]

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A closely followed crypto analyst believes that one Ethereum (ETH) competitor is gearing up for a massive breakout. Jamie Coutts, the chief crypto analyst at Real Vision, says that Solana (SOL) is printing a bullish pattern against Bitcoin (BTC) based on the simple moving average (SMA) crossover on the daily chart. “Solana’s relative strength is […]

HodlX Guest Post  Submit Your Post   In 2024, terms like ‘crypto’ and ‘blockchain’ are no longer mere buzzwords – they are integral parts of our digital landscape. Events dedicated to digital assets, such as exhibitions and conferences, are now common worldwide. One such event I attended was the EthCC 2024 (Ethereum Community Conference 2024) in […]

The Federal Reserve has kept the federal funds rate steady at 5.25% to 5.50%. Fed Chair Jerome Powell indicated a potential rate cut in September, influencing market sentiment. Analysts see Powell’s dovish tone as favourable for Bitcoin and altcoins, suggesting shifts in crypto market dynamics. The US Federal Reserve in its latest FOMC meeting has […]

Cryptocurrency prices, including Bitcoin, have fallen, with Bitcoin down 2.6% and trading at US$64,595. Swissblock describes current market conditions as a mix of greed and fear, impacting Bitcoin’s price negatively. Meanwhile, whales are preparing for a new rally, says Ki Young Ju from CryptoQuant. Most major cryptocurrencies have continued on a shaky path booking losses […]

On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in […]

The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.

[PRESS RELEASE – Manilla, Philippines, August 1st, 2024] Venom Foundation is proud to announce a historic agreement with the government of the Republic of the Philippines to digitize billions of accountable forms using its advanced blockchain technology. Key Highlights Landmark Opportunity and Global Significance This initiative represents a pivotal milestone for Venom and the broader […]

Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated development roadmap. Through social media, the project revealed that, due to players’ contributions to its success, it has allocated 60% of its upcoming airdrop for community distribution. Hamster Kombat Updates Roadmap, Discloses Community Distribution […]

Check out the key news over the past day in U.Today’s news digest!

According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the Bitcoin 2024 conference. This tops the previous record of 657 EH/s set on May 26th. This new all time high comes as Donald Trump announced […]

CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the acquisition of its first Bitcoin mining site in Wyoming. This move marks an expansion of the company’s operations into a third US state. CleanSpark Expands Bitcoin […]

United States Senator Cynthia Lummis has introduced new legislation aiming to establish Bitcoin as a strategic asset for the federal government.

BlockDAG’s Presale Skyrockets as CEO Antony Turner & Team are Revealed: Is It Time for BTC & INJ Holders to Switch? With a staggering 18.77% decline, Injective (INJ) holders grapple with market uncertainty, sparking a debate on its future prospects. Conversely, Bitcoin remains steady, maintaining its support level at $66K amidst economic uncertainties. Amidst these […]

Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest post a worrisome pattern observed on the Bitcoin price chart. According to Brandt, Bitcoin appears to be on a downward trend. The legendary trader said in a recent post on Elon Musk’s social […]

Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.

Tether has reported over US$5B in net profits, mostly thanks to investment in yield-bearing assets like US Treasury Bills. The company has more US debt than Germany, with over US$97B. While it dominates the US market, Tether has had issues in Europe as the company hasn’t been able to secure licenses and comply with the […]

Following the Bitcoin2024 conference, Bitwise CIO Matt Hougan has issued a bold call to crypto investors, urging them to rethink BTC’s potential upside. According to Hougan, the market is “not bullish enough” about the flagship cryptocurrency, and recent developments at the conference have highlighted a shift that could impact Bitcoin’s future value. Political Figures Support […]

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing the purchase of 1 million bitcoins and ensuring robust […]

Powell has stated that a rate cut could be on the table as soon as the next meeting

Explore Kraken Labs: labs.kraken.com We’re thrilled to unveil Kraken Labs, initially launching as a suite of five interactive data visualization modules created by staff designer Benno Gerrit Wissing. These experiments leverage both Kraken-derived and onchain data to explore the limitless possibilities of crypto data visualization, ranging from highly exploratory and abstract 3D real-time data visualizations […]

Futu Securities, Hong Kong’s biggest online brokerage with over 3.5 million customers, has launched retail Bitcoin trading on its platform. As per South China Morning Post, users can now directly buy and sell Bitcoin and ether using Hong Kong or US dollars.  JUST IN: 🇭🇰 Hong Kong’s largest online broker Futu has launched #Bitcoin and […]

Staking is the process of locking up your cryptocurrency in a wallet to support a blockchain network's activities. As a reward, you receive additional …

The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative […]

International migration may spike in the future due to geopolitical instability, financial collapse or changes to the climate.

New data from crypto analytics firm Kaiko reveals that traders are flocking toward bullish Bitcoin (BTC) bets for the upcoming presidential election. In a new paper, the Kaiko team finds that derivatives traders are placing tens of millions of dollars worth of bullish BTC bets on crypto options exchange Deribit’s new election contracts. “Options traders […]