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USDT Issuer Tether Bought $45.4 Million Worth of Bitcoin in Q2 – Here’s What This Means for the BTC Market
3.8.2023
The issuer of the world’s most popular USD-pegged stablecoin USDT, Tether, bought 1,529 bitcoin (BTC) worth $45.4 million in Q2, as per comments by the company’s CTO cited by Bitcoin Magazine.
The purchase shows that Tether is following through on a plan announced back in May to allocate 15%...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
3.8.2023
Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...
Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
3.8.2023
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support
AI chip developer gets $100 million from Samsung and Hyundai
3.8.2023
The AI chip developing company Tenstorrent just closed a funding round worth $100 million which was led by manufacturing giants Samsung and Hyundai
Microstrategy Increases Bitcoin Holdings to 152,800 BTC — Plans to Buy More With $750 Million Stock Sales
3.8.2023
Nasdaq-listed Microstrategy has disclosed that it now holds 152,800 bitcoins, acquired for $4.53 billion. A total of 12,800 bitcoins were acquired in the second quarter. The company also revealed that it plans to buy more bitcoin with proceeds from sales of its common stock of up to $750 million....
Bitcoin Price Prediction as Billionaire Michael Saylor Makes Another $14 Million BTC Purchase – Time to Buy the Dip?
2.8.2023
On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000.
This surge was fueled by an increase in trading volume, as traders who had lost confidence in BTC in recent weeks re-entered the market.
As a result, trading activity soared to...
AI Crypto Signals Platform yPredict Secures $3.2 Million in Funding – How Does it Work?
2.8.2023
Crypto signals are like road signs in the digital currency highway. They guide investors by suggesting when to buy or sell a cryptocurrency. Given the unpredictable nature of crypto markets, these signals are essential tools for traders.
However, while some platforms offer reliable crypto signals...
Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2
2.8.2023
The online trading platform reported second-quarter earnings after the close on Wednesday
Crypto Trader That Made & Lost $1 Million In $BALD Scam Buys New Low Cap Meme Coin On Base
2.8.2023
A crypto trader that made and then lost more than $1 million on $BALD, a meme coin that exploded to a market cap of $100 million over the weekend before crashing in price due to an apparent rug pull scam is touting a new low cap meme coin on Base called Toshi ($TOSHI).
Base is Coinbase’s Ethereum...
Famed Magic: The Gathering Collector Post Malone Buys Lord Of The Rings Card Valued At Over $2 Million
2.8.2023
When Wizards of the Coast adapted Lord of the Rings into a Magic: The Gathering set, it decided to create a special variant of Sauron’s Ring that would be one of a kind. The hyper-rare card was first found back in June and now the owner has sold it to rapper Post Malone. The amount hasn’t been...
Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing
2.8.2023
Bitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy. In the second quarter the company reportedly added 12,333 BTC at a cost of $361.4 million. Ethereum jumped back above a key price floor of $1,850. Bitcoin Bitcoin...
While XPEPE Token Shoots Up 1,000% Overnight, Viral Coin Wall Street Memes Just Raised $20 Million – How to Buy Early?
2.8.2023
As leading meme coin Dogecoin (DOGE) continues to make gains into August, straight to DEX meme coin launches aren't missing out on the action - and latest market entrant XPEPE token has pumped a magnificent +1,000% overnight.
The meme coin vertical has seen a strong month as top tokens appear...
Trading Alpha for Newcomers Platform Launchpad XYZ Raises $1.2 Million in Funding – How Does it Work
2.8.2023
Exploring the world of crypto can be an intimidating journey for beginners. Understanding blockchains, wallets, cryptocurrencies, and tokens can make your head spin. Similarly, becoming comfortable with concepts such as decentralized finance protocols, the metaverse, and play-to-earn games can...
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
1.8.2023
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the previous month. July’s Bitcoin Mining Landscape:...
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
1.8.2023
As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect: Bitcoin’s Fall Under $29K Sparks $92 Million...
GTA Online Publisher Execs Get $72M Thanks To Player Spending
1.8.2023
According to new documents, GTA, Borderlands, and NBA 2K publisher Take-Two Interactive is paying two of its top execs over $70 million this year, over twice what it paid the same executives last year. And that number could increase next year, as players continue to spend more and more on in-game...
Base Blockchain Attracts $68 Million in Ether Ahead of Official Launch
1.8.2023
Coinbase-backed layer-2 blockchain Base has attracted millions in Ethereum (ETH) ahead of its official launch.
Over the weekend, Base witnessed more than $200 million in trading volumes and more transactions than established networks like Arbitrum.
Despite not being open to the public...
Zero Transfer scammer steals $20M USDT, gets blacklisted by Tether
1.8.2023
Zero transfer scams are becoming prominent in the crypto ecosystem with these phishing scams having already siphoned over $40 million in 2023
Dogecoin Price Prediction as $500 Million Trading Volume Comes In As Rumors of Elon Musk Twitter Coins Integration Arise – Here's the Latest
1.8.2023
The price of Dogecoin (DOGE) has dropped by 2.5% in the past 24 hours, slipping to $0.076938 as the cryptocurrency market as a whole declines by 1%.
DOGE's current price means it hasn't moved in the last seven days, but it remains up by 15% in the past month and by 9.5% since the beginning of...