Abra Acquires Valkyrie’s Tron and Zilliqa Trusts


According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie’s Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators. Valkyrie...

German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations


According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty...

Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June


Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under...

Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves


While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased...

Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark


U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC...

Why is Bitcoin price up today?


Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar

Why is Bitcoin price up today?


Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar

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