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 […]
Donald Trump Considering Jamie Dimon for US Treasury Position Donald Trump, former United States president and current Republican ticket nominee, mentioned in a recent interview his consideration of Jamie Dimon, CEO of JP Morgan, for the cabinet position of Secretary of the Treasury. Trump also expressed his intention to retain Jerome Powell as the Federal […]
Bitcoin L2s help crypto miners in Asia supplement income with staking Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the Asian technological landscape is the rise of Bitcoin layer-2 (L2) solutions. Chinese miners are still […]
Mt. Gox Bitcoin Distribution and Whale Accumulation Bitcoin whales are continuing to accumulate Bitcoin despite potential sell pressure from Mt. Gox creditors. Over one-third of the Bitcoin owed to Mt. Gox creditors has been distributed already. Large Bitcoin holders are unfazed and are still accumulating Bitcoin. Crypto investors are concerned about the sell pressure that […]
Arthur Hayes’ Maelstrom announces Bitcoin grant program of up to $250K per developer The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Maelstrom fund has announced a new Bitcoin grant program to advance the technical development of the world’s first blockchain network. BTC grant program offering developers grants between $50,000 […]
BlackRock’s IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month. BlackRock’s iShares Bitcoin Trust gathered $260 million from Bitcoin investors on July 16, contributing more than half of all net […]
Traders eye $71.5K Bitcoin price as open interest jumps 13% Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months. Bitcoin could be headed toward the $71,500 mark after breaching the $65,000 price point on Tuesday, based on […]
Analysis of Bitcoin Whales Amid Mt. Gox FUD CryptoQuant CEO Ki Young Ju believes that Bitcoin is still susceptible to “speculative FUDs,” allowing savvy investors to acquire Bitcoin at discounted prices. The impact of Mt. Gox’s repayments on Bitcoin is overestimated. Whales are likely to capitalize on the situation to accumulate more BTC at lower […]
