Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has...
Bitcoin
Crypto Whale Activity Sparks Quick Market Rebound
Bitcoin (BTC), Ethereum (ETH), and the broader crypto market have notably recovered following Monday’s market meltdown. After dipping to the...
Australia Flags Over 2,000 Compromised Crypto Wallets
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The...
Grayscale Launches 2 New Crypto Trusts Focused on AI and Scalable Blockchain Tech
Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new...
Crypto price prediction: Solana, Poodlana, Bitcoin
SOL is among the well-recovered assets, but it’s not out of the woods yet. 10 days ahead of the end...
DOGE, SHIB, WIF, and More Crash to Multi-Month Lows
TL;DR The cryptocurrency sector crashed, with Bitcoin briefly falling below $50,000. The meme coin’s overall market capitalization tumbled by 23%,...
Michael Saylor Says He Personally Owns $1B in BTC
Bitcoin mining is not boiling the ocean, said Michael Saylor during the Aug. 7 interview on “Bloomberg Open Interest.” However,...
Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace
Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will...
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According...
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by...
US Bitcoin spot ETFs bleed $168 million amid market chaos, Ether ETFs gain
Key Takeaways Grayscale and Fidelity Bitcoin funds each saw around $69 million in withdrawals on Monday. Ethereum ETFs logged nearly...
Bitcoin Weathers Most Volatile Trading Day Since FTX Collapse: K33 Research
A measure of Bitcoin’s intraday volatility spiked Monday to its highest levels since crypto exchange FTX’s collapse in 2022, as...
Poodlana ignores the crypto sell-off as token sale nears $5 million
Cryptocurrencies have shed billions of dollars in the past few days as investors remain concerned about Japan, US election, and...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets...
Crypto Market Volatility Fuels $1.2B Inflows at Binance
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of...
This Hedge Fund Invested $464 Million in Bitcoin ETFs
Capula Management, Europe’s fourth-largest hedge fund, along with Semler Scientific, a leading healthcare technology company, have both significantly invested in...
French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation
The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European...
Google Pay, Amazon Pay, Walmart-Backed Phonepe Eye Entry Into RBI’s Digital Rupee Program
Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led...
This Is Why Bitcoin (BTC) Could Drop to $40K: CryptoQuant
Bitcoin tumbled more than 15% on Monday, briefly dipping below $50,000 amidst concerns of a US recession and growing geopolitical...
Crypto Investors Nearing Extreme Fear as Bitcoin Fell to $50K
The weekend has been characterized by a rollercoaster of emotions for the crypto community, with fear gripping investors who are...
