German Government Dumps 1300 Bitcoin, Holds 40,359 BTC


The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain...

Spot Ethereum ETFs are set to debut very soon


The launch of spot Ethereum ETFs is highly anticipated because there are many rumors that they will be heavily loaded. The Chief Investment Officer of Bitwise believes that projecting Ethereum as a major participant in the technological space is the best course of action. He continues by saying...

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves


On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...

South Africa Approves 63 Crypto Asset Service Provider License Applications


South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...

Bitcoin Drops Under $58K: Whales Move Millions


The second half of 2024 has begun with a heavy crypto market bleed. At the time of writing, Bitcoin (BTC) is worth $57,728.50, a notable 4.5% decline in the last 24 hours. According to CoinGecko, today’s global crypto market cap stands at $2.24 trillion, having lost a 5.38% market share....

Open Campus secures Arbitrum Foundation EDU Chain funding


Open Campus has been awarded a grant from the Arbitrum Foundation to establish EDU Chain, the first blockchain for education. The Arbitrum Orbit Stack serves as the foundation for the L3 rollup of EDU Chain, a blockchain network exclusively for education.  Many business partners, including Animoca...

QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech


PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing...

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