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JPMorgan Expects Crypto Market Recovery Beginning in August
12.7.2024
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales...
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
12.7.2024
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite....
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
11.7.2024
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers...
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
11.7.2024
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister...
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
11.7.2024
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across...
Why is Bitcoin price stuck?
11.7.2024
Bitcoin price is stuck in a downtrend as sellers across the market refuse to relent
Greenidge Expands Bitcoin Mining Operations in Mississippi
11.7.2024
Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity further in the coming months. Greenidge Adds 2,400 Bitcoin Miners to...
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
11.7.2024
There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows
Celer Network Thwarts Attempted Domain Takeover
11.7.2024
Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the attack vector likely involved third parties beyond...
Bitcoin price will hit $330K this bull cycle — Analyst
11.7.2024
Institutions are buying as Bitcoin dips under $60,000 strengthens the long-term bullish outlook for BTC price
From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues
11.7.2024
Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday...
US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows
11.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions. Bitcoin ETFs in U.S. Report $147.37M Inflows, Led by Fidelity’s FBTC...
HTX Completes Millions in Compensation to Users Affected by the pGALA Token Incident
11.7.2024
PRESS RELEASE. HTX announces that millions in compensation to users affected by the pGALA token incident has been completed this week, including cash payouts, in-platform benefits, and Gala nodes. In April 2023, HTX announced an agreement with Gala Games to compensate users affected by the pGALA...
Why I Chose Bitcoin Ordinals to Release ‘Frontline’
11.7.2024
Artist Alexis André explains the attraction of Bitcoin for releasing his latest generative art collection
SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees
11.7.2024
Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
11.7.2024
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together
Stop piling into leveraged Bitcoin ETFs — Consider this instead
11.7.2024
Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading
Donald Trump Confirms Speaking at Bitcoin 2024 Conference
11.7.2024
The political tension between Donald Trump and Joe Biden is tight and hot. The crypto community is counting on both candidates to help make crypto regulations manageable. Now, the 45th President of the United States is set to make a speech at the Bitcoin 2024 conference in Nashville, TN. Bitcoin...