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Bitcoin mining to boost UK’s renewable energy grid
10.7.2024
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand
Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows
10.7.2024
The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $216.33 million. Blackrock’s IBIT was the top performer, securing $121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive...
First Mover Americas: Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived
10.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Recovery Influences ETF Inflow; BTC Breaches $59k
10.7.2024
We are far from, or better yet, no longer threatened with, another Bitcoin winter. The crypto market has picked a recovery curve amid massive Bitcoin sell-offs by the German government. Today, BTC surged over $59,200, nearing its previous support at $60,000. The surge has created buying pressure...
Study: Gen Z Prefers Digital Assets in Uncertain Times; Gold Remains Popular
10.7.2024
While investors generally prefer physical assets to digital ones, the findings of a new study indicate an overwhelming majority of Gen Zers are “more likely than other generations” to trust digital assets in uncertain times. The survey also found that 89% of gold investors consider it...
Bitcoin.com Relaunches Discord Community Channel With Exciting Prizes
10.7.2024
Bitcoin.com is relaunching its Discord community channel. To celebrate, Bitcoin.com is hosting weekly contests with various prizes. Join the community to participate in quizzes, discussions, and more for a chance to win. Join the Community and Win $1000, Sold-Out NFTs, Bitcoin, and More!...
Bitcoin Steady at $58.5K as German State Saxony Moves $300M in BTC
10.7.2024
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours
Report: Morgan Stanley to Approve Bitcoin ETFs for All Clients by August
10.7.2024
Morgan Stanley is reportedly set to approve Bitcoin ETFs for all its clients by the end of August. Researcher House of Chimera, citing a senior source, shared this information, marking a pivotal moment in the institutional adoption of digital assets. ICYMI: ???? Morgan Stanley expected to approve...
German Gov’t $354M BTC sell-off: Yet more volatility incoming?
10.7.2024
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC
Up Network Unveils ‘Up Mobile’: A Web3 Smartphone Built on Facebook’s Move
10.7.2024
Up Network has unveiled ‘Up Mobile,’ a smartphone that integrates artificial intelligence and blockchain technology. The device is built on Facebook’s Move programming language and aims to enhance user security and privacy. The blockchain technology is provided by Movement Labs, and the device...
Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades
10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...
Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto Firm
10.7.2024
Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with...
Soccer Stars Lionel Messi and Ronaldinho Promote Water Meme Coin
10.7.2024
Lionel Messi, the Argentine soccer player who has won the Ballon d’Or eight times, and Ronaldinho, the former Brazilian soccer star, have promoted WATER, a Solana-based meme coin, to their almost 600 million followers on Instagram. The project, advertised as a “charity token,”...
Bitcoin sellers are trying to keep BTC price below $60K
10.7.2024
BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground
Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale
10.7.2024
According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still selling miners for small operations, that survive by hiding their...
Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
10.7.2024
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings
Bitcoin transfer costs fall to 2020 lows
10.7.2024
Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs
Spot Bitcoin ETFs buy up $654M in BTC over 3 days
10.7.2024
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree
Singapore Exchange CEO Discusses Future of Crypto Listings
10.7.2024
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really...
Telegram CEO Pavel Durov Predicts Hamster Kombat Will Attract Millions to Blockchain
10.7.2024
Pavel Durov, CEO of Telegram, one of the most popular messaging applications, has remarked on the relevance that Hamster Kombat, a tap-to-earn game where players role-play as a hamster who is the CEO of a crypto exchange, will have in bringing blockchain to millions. 239 million have signed to...