US Spot Bitcoin ETFs, amassing 921,540 BTC, are nearing Satoshi Nakamoto’s 1.1 million BTC holdings. Leading Bitcoin funds include BlackRock’s IBIT and Grayscale’s GBTC, collectively holding over 4% of the market. IBIT witnessed its largest inflow since July on August 26, with US$224.1 million. Conversely, US Spot Ethereum ETFs like BlackRock’s ETHA and Grayscale’s ETHE […]

A crypto strategist who accurately called Bitcoin’s pre-halving pullback thinks BTC is gearing up to transition to the parabolic phase of the cycle. Pseudonymous analyst Rekt Capital tells his 84,600 YouTube subscribers that Bitcoin may be a few weeks away from witnessing the return of bullish price action based on historical data. “So this so-called […]

An Ethereum whale lost nearly $4 million this summer after buying 8,825 ETH prior to the market downtick a few weeks ago, according to the crypto tracker Lookonchain. Lookonchain notes the whale bought the 8,825 Ethereum for $27.96 million at an average price of $3,169 per ETH from Binance between July 27th and Aug 3rd. […]

The resurgence of Solana meme coins like WIF and FLOKI signals renewed investor interest in the crypto market. Over the past week, these tokens have rallied by 30%, highlighting the potential for niche tokens to gain traction even in volatile conditions. As Dogwifhat and Floki gain momentum, investors closely watch how the rest of the […]

Asset management giant BlackRock has extended its Ethereum ETF to Brazil. As of August 28, Brazilian investors can now trade the iShares Ethereum Trust (ETHA) via a Brazilian Depositary Receipt (BDR) on the B3 stock exchange under the ticker ETHA39, local media publication InfoMoney reported. Ethereum ETF in Brazil This move followed BlackRock’s earlier success […]

Utilizing Cryptocurrency for Secure Transactions. Citizens in Atlantis have always welcomed new technologies to strengthen the city's economy.

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive inflows totalling $756 million. On Tuesday, the Bitcoin ETF offering from Ark Invest saw the biggest outflow, at $102 million. Grayscale’s Bitcoin Trust and Bitwise’s […]

Monero, one of the world’s most valuable privacy-focused networks, is under immense selling pressure. XMR, its native currency, is down 11% from this week’s highs, extending losses from June 2024. Overall, XMR remains in a bullish formation, shaking off weakness from Q1 2024, when the coin fell due to compliance reasons. Several exchanges, including Binance, […]

 The company expects next quarter to be even better with improvement projected across nearly every vertical. 

The recipient of the very first Bitcoin transaction died 10 years ago

Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional funds to reach that period. He assessed that this […]

Binance, the world’s leading cryptocurrency exchange, has expanded its offerings to include Eurite (EURI), a newly minted euro-backed stablecoin. The exchange has confirmed that EURI trading pairs will be available in both euro and US dollars at 10:00 UTC on August 28th. Binance also noted that Eurite will be available for trading on its platform […]

A widely followed crypto analyst believes Bitcoin (BTC) is now seeing the final days of its multi-month correction before witnessing the last parabolic rally of this cycle. Pseudonymous analyst Credible Crypto tells his 412,200 followers on the social media platform X that he thinks Bitcoin could drop close to $50,000 before carving a local bottom. […]

TL;DR Celsius has repaid $2.53 billion to 251,000 creditors, covering 84% of the $3 billion owed, but 121,000 creditors remain unpaid, many of whom are owed small amounts. Routine distribution process: Bi-weekly attempts via Coinbase and PayPal claim codes have been made to distribute the remaining funds, with over 2.7 million attempts for 372,000 eligible […]

TL;DR Binance is adding new trading pairs and services to expand user options, with some restrictions for the residents of specific countries. The latest announcement has not led to substantial price increases for the involved cryptocurrencies, as the entire market remains covered in red. More Trading Options for Eligible Users The world’s largest crypto exchange […]

Bitfarms assumes control of its first U.S. mega-site, marking a significant expansion in its power capacity and mining operations.

The US tokenised treasury market reached a market capitalisation of US$2 billion, doubling in just five months. BlackRock’s BUIDL dominates with US$510 million. But smaller issuers have seen significant growth in the last three months, with Hashnote’s USYC growing nearly 50% to US$220 million. Rising US treasury yields have made tokenised treasuries appealing to institutional […]

Crypto Price Predictions: Toncoin Dips, Uniswap Fees Surge, and BlockDAG’s $1 Forecast  In the quest for promising long-term crypto investments, the scene is bustling. TRON’s outlook seems dire, with its value now 45% below its peak. At the same time, Uniswap Labs has increased its fees by a factor of 13, exceeding $50 million, sparking […]

With the commencement of the 2024-2025 football season, another sports sponsorship has been sealed. Today (Wednesday), blockchain firm BlockDAG revealed its three-year deal with German football club Borussia Dortmund (BVB), worth $10 million. Deep-Pocketed Crypto Firms Entering Football The latest deal came after Coinbase, one of the big names in crypto exchanges, extended its agreement […]

The number of owners of cryptocurrency assets worth more than $1 mln has almost doubled (+95%) over the past year and amounted to 172,300 people, …

Company Name: Bitwise Asset Management Founders: Hong Kim and Hunter Horsley Date Founded: December 2016 Location of Headquarters: San Francisco, CA and New York, NY Amount of Bitcoin Held in Treasury: Undisclosed Number of Employees: 65 Website: https://bitwiseinvestments.com/ Public or Private? Private In 2016, Hong Kim and his co-founder at Bitwise Asset Management (Bitwise), Hunter Horsely, […]

In a move to bolster the usage and adoption of its decentralized finance (DeFi) lending platform, MakerDAO is undergoing a significant rebranding. The lending protocol, founded by Rune Christensen in 2014, will now be known as ‘Sky’, a shift aimed at appealing to a wider user base. MakerDAO Reinvents Itself As ‘Sky’ MakerDAO was one […]

Shiba Inu see price slip off as Shibarium metric plummets

US crypto exchange Coinbase is employing artificial intelligence to mitigate against potential downtime during times of heavy traffic. Coinbase says it has deployed a machine-learning model that “predicts spikes in user traffic” and automatically deploys more server resources to pre-empt potential outages. “Crypto markets can be volatile. On the Coinbase platform, spikes of user activity […]

JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou, […]

Pavel Durov was reportedly offered to move Telegram to Paris during his meeting with the French president in 2018.

TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on Solana-based DeFi protocols have significantly boosted PYUSD’s adoption and market presence. Competitive Landscape: Despite facing competition from established stablecoins like USDT and USDC, PayPal is actively integrating PYUSD into […]

BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential interest rate cut. Hayes also emphasized that assets like Bitcoin will likely benefit from a liquid global financial market that may come from inflation. Japanese Yen Could Disrupt U.S. Financial Market In a keynote address […]

Applications for registration as a cryptoasset exchange or custodian wallet provider have dropped by 51% over the past three years, according to data obtained through a Freedom of Information (FoI) request by global law firm Reed Smith. The Financial Conduct Authority (FCA) reported that only 29 applications were submitted between May 1, 2023, and April […]

Today the market capitalization of cryptocurrencies has dropped by more than 5% compared to yesterday's prices and there have been strong …

Today marks the tenth anniversary of the passing of Hal Finney, a renowned cryptographer and computer scientist who played a pivotal role in the early days of Bitcoin. Finney, who passed away in 2014 due to complications from ALS, is celebrated for his profound contributions to Bitcoin and his foresight into the future potential of […]

Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto market. According to analysts such as CryptoAnalystHub and Javon Marks, this token is predicted […]