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Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
16.8.2024
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi
Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning
16.8.2024
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders
Bitcoin Dips to $58.13k Despite Trading Volume Surge: Is There Hope for a Rebound in August?
16.8.2024
Bitcoin fell 4.26% to $58.13k on August 16 and $61k on August 13. While BTC often mimics the…
South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares
16.8.2024
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week
Bank of Ghana unveils draft rules for cryptocurrency exchanges
16.8.2024
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
16.8.2024
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over...
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
16.8.2024
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy
NYSE Scrubs Plan to List Bitcoin ETF Options
16.8.2024
Other exchanges have also withdrawn their applications, but some have re-filed
Institutions not so interested in Bitcoin at $58K, metric shows
16.8.2024
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now
Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass
16.8.2024
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price
While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns
16.8.2024
Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to Russia following the laws approved recently by President Putin. Pershikov stated that, while some cryptocurrencies present interesting opportunities as payment tools...
Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
16.8.2024
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
16.8.2024
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put...
Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
16.8.2024
Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
16.8.2024
Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
16.8.2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’...
Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
16.8.2024
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings....
Bitcoin stagnates as bearish headwinds continue to blow
16.8.2024
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
16.8.2024
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations...
‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
16.8.2024
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations