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Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade
16.8.2024
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued...
Bitcoin is back in 'accumulation' — But what does it mean for BTC price?
16.8.2024
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700
US Marshals Service Likely Selling Silk Road Bitcoin on Coinbase
16.8.2024
Recent blockchain activity suggests that the US Marshals Service (USMS) may be in the process of liquidating Bitcoin…
Will Bitcoin Rise To $72k Or Fall To $40k? Analysts Have The Answer
16.8.2024
Bitcoin’s (BTC) price recently raced to $62,000 following a sharp drop, leaving the crypto community wondering if this…
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
16.8.2024
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said
Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic
16.8.2024
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that...
Top 10 Cryptos Today: Down Between 20% and 89% From All-Time Highs
16.8.2024
In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.2% drop from...
First Mover Americas: Crypto Trades Little Changed Following Thursday's Slide
16.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
16.8.2024
BlackRock is now the largest holder of the two assets in publicly traded funds
India and Russia to Enhance Trade With Rupee-Ruble Payments
16.8.2024
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With...
Institutional adoption of Bitcoin ETFs surges 27% in Q2
16.8.2024
Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
16.8.2024
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes
Bitcoin Spot ETFs net $11M inflow, despite GBTC loss
16.8.2024
Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows
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