BlockFi Confirms Interim Crypto Distributions in July BlockFi clients should be aware that all communications will be conducted through official email channels. News Own this piece of crypto history Bankrupt crypto lender BlockFi is set to begin its first interim crypto distributions through Coinbase this month. The distributions will be processed in batches over the […]
Bitcoin’s Next Potential Price Movement The upcoming price movement for Bitcoin could see it reaching as high as $110,000, according to various crypto traders who believe that the cycle low has been established. Founder of MN Capital Michael van de Poppe predicts a price target of $110,000 for Bitcoin’s next rally. Despite concerns of forming […]
Bitcoin Holders Decrease by 670K, Indicating Potential Rebound: Santiment The decline in Bitcoin wallet addresses holding BTC could be a positive sign for investors, according to Santiment. The number of Bitcoin addresses holding a balance of more than zero has dropped by 672,510 in the past month. Santiment suggests that traders may believe the March […]
Trading Volume Decline on Crypto Exchanges in June Combined spot and derivatives volumes on centralized crypto exchanges fell by 21.8% in June, marking the third consecutive month of decline as exchanges competed for market share. In June, the total volume across all centralized exchanges was $4.2 trillion, down 53% from the record high of $9 […]
Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside. Since July 5, Bitcoin (BTC) has seen net inflows of $1.91 billion in its US spot exchange-traded funds (ETFs). Despite this, its […]
Bitcoin and Altcoin Price Analysis Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively. Bitcoin (BTC) has been conquering overhead resistance levels one by one, signaling that the bulls are gaining confidence. Ether (ETH) rallied to the 50-day SMA ($3,454) on July 15, indicating that the […]
Mark Cuban’s Thoughts on Bitcoin as Global Reserve Asset Mark Cuban, with a net worth of $5.4 billion in 2024, is a well-known entrepreneur and investor who has been actively involved in the digital asset space. Geopolitical instability and inflationary pressures may drive Bitcoin to become a global reserve asset. Increased support in Silicon Valley […]
Bitcoin Sale Nets German Government $2.8B The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation. The German government has confirmed a multi-billion emergency sale of Bitcoin (BTC) that began in June. An official statement from the state of […]
Bitcoin Miner Cipher Receives Takeover Offer, Considers Sale: Report Cipher’s initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion. * According to a recent Bloomberg article, Bitcoin mining company Cipher is considering a sale after receiving a takeover bid. * The report cited unnamed sources, who claimed that […]
StarkWare verifies first zero-knowledge proof on Bitcoin StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities. StarkWare has achieved a historic milestone by successfully verifying its first zero-knowledge (ZK) proof using its new STARK verifier on the Bitcoin Signet network. The development follows three months of firm exploration […]
