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Bitcoin Sees Significant Trends Amid Changing Market Dynamics
August 17, 2024
The past few months have been eventful for Bitcoin, with notable developments among long-term holders, miner exchanges, and market correlations. The supply of Bitcoin held by long-term holders (LTH) has …
Read moreTrump's Transition Team Signals Strong Pro-Bitcoin Direction, Coinciding with Debates Over Harris' Regulatory Stance
August 17, 2024
Former President Donald Trump's campaign has announced the appointment of Howard Lutnick, CEO of Cantor Fitzgerald and a well-known Bitcoin advocate, and Linda McMahon, WWE co-founder, as co-chairs for the …
Read moreLargest Ethereum ETF Outflow Since August 2 Amid Bitcoin ETF Inflows
August 16, 2024
Recent ETF Trends Highlight Notable Movements in Bitcoin and Ethereum MarketsIn a significant turn of events, the cryptocurrency exchange-traded funds (ETFs) market has witnessed contrasting movements for Bitcoin and Ethereum. …
Read moreBlackRock's iShares Surpasses Grayscale's GBTC as Biggest Digital Asset Fund
August 16, 2024
Bitcoin and Ethereum ETF Gains Propel BlackRock AheadIn a notable development for the cryptocurrency sector, BlackRock's iShares has officially overtaken Grayscale's GBTC as the largest digital asset fund by assets …
Read moreEthereum and Bitcoin Prices Plummet Amid Bearish Sentiment
August 15, 2024
Declining Funding Rates and Market ReactionRecent Trends: Ethereum's perpetual futures funding rate has experienced a significant dip, indicating a shift in market sentiment towards bearishness. Historically, when funding rates turn …
Read moreBinance Settles Brazil Dispute and Registers with India Post-Fine
August 15, 2024
Crypto exchange Binance has made significant headway in resolving its recent legal and regulatory issues. The most notable development is the settlement with the Brazilian regulators. Binance has agreed to …
Read moreApple's NFC Upgrade Enables USDC Tap-to-Pay on iPhones
August 15, 2024
Jeremy Allaire, the CEO of Circle, has announced that USDC Tap-to-Pay could soon become a reality on iPhones following Apple's new upgrade. This statement was made on August 14, confirming …
Read moreBitcoin Mining Faces Challenges with Decreased Profitability
August 15, 2024
Bitcoin Mining Difficulty Drops by Over 4%On August 14, Bitcoin mining difficulty saw a significant decrease of more than 4%, according to data from Glassnode. This marks the seventh negative …
Read moreSenator Schumer Commits to Crypto Regulation to Win Over Voters
August 15, 2024
In a recent move to bolster voter confidence, Senate Majority Leader Chuck Schumer announced his commitment to pass comprehensive crypto regulation within the year. This declaration was made during the …
Read moreUS Government Transfers $600 Million in Silk Road Bitcoin to Coinbase Prime
August 14, 2024
The US government has transferred 10,000 BTC, equivalent to over $592 million, from a seized stash related to the Silk Road dark web market to a Coinbase Prime deposit wallet, …
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