Bitcoin Transfer Costs Reach 2020 Lows Bitcoin transaction fees hit a four-year low on July 7, dropping to $38.69. This decrease is attributed to reduced network difficulty and lower computational power requirements for miners. Key Points: Bitcoin transaction fees hit a four-year low on July 7 at $38.69. Miners remain profitable due to reduced network […]
Spot Bitcoin ETFs Buy Up $654M in BTC Over 3 Days Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree. Bitcoin investors have sent over $650 million into United States-listed spot Bitcoin exchange-traded funds (ETFs) over the last three trading days. It […]
Mining company TeraWulf pays off outstanding debt early The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. On July 9, crypto mining firm TeraWulf announced it paid off its outstanding debt earlier than expected, in a final payment of $77.5 million. Executives […]
Bitcoin Price Metric Update Recent data shows a decline in a key Bitcoin price metric, leading to concerns among traders about the state of the BTC bull market. Bitcoin price has dropped to a worrying low, prompting speculation about the future of the bull market. Professional traders’ morale is at a two-week low, indicating hesitancy […]
BTC price taps $58K as vital Bitcoin bull market trendline reemerges Bitcoin shrugs off the latest round of German government onchain transactions, but BTC price resistance trendlines stay out of reach. Bitcoin revisited $58,000 around the July 9 Wall Street open as the German government moved more of its BTC holdings. Data from Cointelegraph Markets […]
Web3 Gaming Reaches Tipping Point with Spot Cryptocurrency ETF Approvals The approval of spot cryptocurrency ETFs, along with a wave of new money and more traditional gaming companies jumping on board, indicate that Web3 gaming is reaching a tipping point. This is according to Robbie Ferguson, co-founder of the game development platform Immutable. This year […]
Exodous Passkeys Wallet Revolutionizes Crypto Control The Exodous Passkeys Wallet empowers users with the ability to set transaction limits and maintain complete control over their assets, no matter the application. Key Features of Exodous Passkeys Wallet: Create and fund an embedded wallet in any platform or application No need for seed phrases, browser extensions, or […]
Bitcoin ETF investors buy the dip: Daily inflows hit $295M United States-listed Bitcoin ETFs have notched their biggest day of inflows in over a month amid a slump in the crypto markets. Bitcoin exchange-traded funds (ETFs) have notched their biggest day of net inflows in more than a month amid a flagging crypto market, with […]
Overview of Crypto News Today Stay informed on the latest in the world of cryptocurrency with a recap of significant events and trends impacting Bitcoin, blockchain technology, DeFi, NFTs, Web3, and crypto regulation. Wall Street asset managers VanEck and 21Shares file S-1 amendments with the SEC for spot Ether ETFs Bybit lists Hamster Kombat’s token […]
German Government Transfers $900 Million in Bitcoin, Adding to Selling Pressure Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings. Details of the Transfer A “German Government (BKA)” labeled cryptocurrency wallet has sold another $900 million worth of Bitcoin. The wallet transferred roughly 16,309 […]
