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Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs
6.6.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds. U.S. Spot Bitcoin ETFs See More Inflows on 17th...
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
6.6.2024
The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software
Will Bitcoin fall below $70K after $2.2B options expiry?
6.6.2024
The inflows from the United States spot Bitcoin ETFs could help Bitcoin absorb the selling pressure from Friday’s option expiry
Bitcoin Wyckoff pattern eyes $85K, but BTC price must close the week above this level first
6.6.2024
Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs
Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer
6.6.2024
Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up...
Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
6.6.2024
Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
6.6.2024
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported
Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax
6.6.2024
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics...
Startups can hedge bank risk with Bitcoin — Tim Draper
6.6.2024
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin
BTC price needs to hold $70K next as Bitcoin weathers ECB rate cut
6.6.2024
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years
Gold Rush: Long Lines to Purchase Bullion in Vietnam
6.6.2024
Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven by the lower prices these banks offer to retail...
First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally
6.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal
6.6.2024
Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...
Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered
6.6.2024
Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note
Nigerian Startup Zone Launches Blockchain-Powered Point-of-Sale Gateway
6.6.2024
A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway facilitates transaction routing to issuers and aims to prevent chargebacks or chargeback fraud by promptly reimbursing customers for unsuccessful transactions. Eliminating...
Bitname Introduces the First Full-Scale Name Service for the Bitcoin Ecosystem
6.6.2024
PRESS RELEASE. Bitname, the first name service provider encompassing the entire Bitcoin ecosystem, is introducing a new protocol standard, SRC101, for Bitcoin Stamps. It allows permanent storage of domain assets on Bitcoin and supports the interconversion and resolution of all Bitcoin address...
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
6.6.2024
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate...
Bitcoin bull run’s ‘most important chart’ hits new $94T all-time high
6.6.2024
BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests
Tezos Activates 16th Upgrade ‘Paris’: Boosting Throughput and Performance
6.6.2024
Tezos, a blockchain known for its onchain governance system, has activated its 16th protocol upgrade, Paris, on mainnet on June 4th, 2024. This upgrade introduces the Data Availability Layer (DAL), which boosts Layer 2 throughput and unlocks new use cases in gaming, ticketing, and services...