$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
Bitcoin
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts...
Analyst Sees 3 Bullish and 2 Bearish Bitcoin Price Signals
Popular crypto analyst Willy Woo has identified an ongoing power tussle (or tug-o-war, in his words) between demand and supply...
Cash App to shut down in the UK, citing focus on US market
Key Takeaways Block, the company behind Cash App, cites regulatory difficulties in the UK as a reason for the shutdown....
Will The Bitcoin Price Close Out July In Green Or Red? Historical Data Gives Direction
So far in July, the Bitcoin price has shown positive movement, emerging from the bearish trend of June and rising...
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme”...
Gate.io Announces Withdrawal From Japanese Crypto Market
One of the most well-known bitcoin exchanges worldwide, Gate.io, has decided to terminate all services available in Japan. Effective July...
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight...
US moves global markets because of liquidity, not volume
Bitcoin crossed the $68,000 mark during the weekend after President Joe Biden announced his exit from the presidential race for...
Bitcoin could see potential breakout ahead of US elections: QCP Capital
Key Takeaways Trump's comments on Taiwan's financial obligations to the US caused semiconductor stock instability. Biden's endorsement of Harris has...
Buying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD
Japanese investment firm Metaplanet has been on an aggressive Bitcoin buying spree. Earlier this week, it announced adding 21.877 BTC...
Bitcoin ETFs Surge With $384 Million Inflows, 2nd Highest This Month
With Bitcoin ETFs seeing previously unheard-of inflows of $18 billion between July 15 and July 19, 2024, the focus turned...
Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs
Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in...
Five spot Ethereum ETFs will launch on July 23. Is it time to invest more in crypto?
Key takeaways Five spot Ethereum ETFs, including Fidelity, are set to launch on July 23rd. Poodlana’s presale is now close...
Poodlana, Mother Iggy, Cat in a Dogs World (MEW)
Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800...
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450...
Miners reduce holdings amid rising prices
Miners represent the foundation of the Bitcoin market. Their behavior is one of the best indicators of market health and...
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from...
Shiba Inu’s SHIB down 8% following WazirX exchange exploit
Key Takeaways Shiba Inu (SHIB) token declined by 8% following the news of the WazirX hack. The exploit is the...
Bitcoin’s Price May Have Bottomed Out, But There’s a Catch: CryptoQuant
Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out....
Crypto Analyst Predicts $200,000 Price Tag For Bitcoin Using Miner Capitulation
As Miner Capitulation in the crypto market slowly comes to an end, a crypto analyst maintains an optimistic future outlook...
In German, Michael Saylor Issues A Strong Bitcoin Statement
Recently, the German authorities liquidated Bitcoin valued at about $3 billion. From June 19 to July 12, the German government...
