German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations
13.7.2024
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
13.7.2024
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...
Crypto Sentiment Plunges to ‘Extreme Fear’ as Bitcoin Attempts to Break Upper Resistance
13.7.2024
Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out of 100 in the daily readings on Friday and Saturday. CFGI...
Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves
13.7.2024
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...
JP Morgan-backed blockchain firm ‘Partior’ closes $60M series B
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark
13.7.2024
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?
13.7.2024
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?
13.7.2024
Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar
Year-to-Date Crypto Winners: Meme Coins Outperform in 2024
13.7.2024
More than half of 2024 has passed, with bitcoin up 38% year-to-date, and ethereum matching this rise since Jan. 1. According to statistics, several other digital assets have surpassed these two leading cryptocurrencies by market cap. The most notable performer is the meme token book of meme (BOME)...
NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
13.7.2024
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following...
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
13.7.2024
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets