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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
24.7.2024
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
24.7.2024
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final...
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy
24.7.2024
A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows
24.7.2024
A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of the Telegram game Hamster Kombat. Despite 87% being aware of cryptocurrency, only 42% know of Hamster Kombat. The game’s popularity is mainly among...
US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
24.7.2024
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of bitcoin...
Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins
24.7.2024
Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce,...
BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
24.7.2024
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows
BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
24.7.2024
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows
Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
24.7.2024
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that...
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Asian Markets Cashed out During Recent Gold Rally
23.7.2024
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while...
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
23.7.2024
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
23.7.2024
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold...
Why is Bitcoin price down today?
23.7.2024
Bitcoin price is down today as Mt. Gox shifts more BTC and creditors confirm that they received their repayments at the Kraken exchange