BlackRock’s Bitcoin ETF Faces First Outflow in 4 Months
On Thursday, BlackRock’s iShares Bitcoin Trust (IBIT) experienced its first outflow after nearly four months. Previously, IBIT registered an outflow...
Bitcoin News
Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality
The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its...
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in...
Arthur Hayes Says the Fed’s Rate Cut Has Short-Term Benefit
BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential...
Tether CEO Criticizes Durov’s Arrest, States Europe Is ‘Falling Into Dark Ages’
Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram...
These 3 Individuals Turned Donald Trump Into a Bitcoin Supporter
Three Puerto Rican residents have become pivotal in converting Donald Trump, a once skeptical figure, into a Bitcoin enthusiast. Amanda...
Bitcoin Leads with $543M in Inflows Amid Powell’s Jackson Hole Comments
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s...
Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project
Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to...
Robert Kennedy Jr. Support For Trump Boosts Bitcoin Over $64k
Pro-Bitcoin presidential candidate Robert F. Kennedy Jr. has withdrawn from the 2024 race and endorsed former President Donald Trump. Following...
Bitcoin Demand Still Weak, But Stablecoin Liquidity is Increasing: CryptoQuant
Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the...
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive...
$1.5 Billion in Crypto Options Expiry to Test Market Stability
Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm....
Analysts Point to Market Reset as Potential Catalyst for Bitcoin’s Next Rally
On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125...
BlackRock’s Bitcoin Nears 350,000, Trails Only Satoshi, Binance
BlackRock’s aggressive push into Bitcoin has brought its holdings to nearly 350,000 BTC, making it the third-largest holder globally after...
Worrying Sign? 6-Month Trading Volume Low for the US Bitcoin ETFs
The United States spot Bitcoin exchange-traded fund (ETF) market recorded a daily trading volume of $779.87 million on Monday. According...
QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair...
This Week’s 3 Major US Events to Watch for Crypto Market
Crypto markets are eyeing several US macroeconomic events this week that could influence Bitcoin’s price. In 2024, macro developments have...
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At...
Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture
Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and...
Experts Criticize IMF Tax Increase Proposal for Crypto Miners
On August 15, the International Monetary Fund (IMF) released a report titled “Carbon Emissions from AI and Crypto Are Surging...
Banking Giants Disclose Bitcoin Exposure but Crypto Markets Tank: This Week’s Recap
The broader cryptocurrency market lost around $70 billion in capitalization in the past seven days as the majority of the...
