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Bitcoin exchanges are witnessing the third-biggest net daily outflow of 2024
27.8.2024
Bticoin dip-buying is top priority for some exchange users as BTC price highs give way to sell-offs elsewhere
The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut
27.8.2024
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...
Nasdaq Looks to Offer Bitcoin Options, Following Rival NYSE’s Plans
27.8.2024
Nasdaq is seeking approval from regulators to allow the launch and trading of options tied to the price of bitcoin, the exchange said Tuesday
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
27.8.2024
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for...
New Crypto Launch to Watch: Base Dawgz Meme Coin Presale Ends in Days Over $3M Raised
27.8.2024
Base Dawgz (DAWGZ) has got investors buzzing as it nears the end of its presale phase. With over $3 million in the bag and less than two days to go, DAWGZ is beginning to generate huge traction before its first DEX listing. Final Countdown for Base Dawgz Presale with DEX Listings on the Horizon...
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
27.8.2024
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan. 1. Bitcoin...
Bet more on the Bitcoin miners cashing in on AI
27.8.2024
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners
Nasdaq wants to launch a Bitcoin index options, seeks SEC approval
27.8.2024
Options would allow institutional investors to hedge risks and traders to amplify their buying power.
US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows
27.8.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost...
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
27.8.2024
The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners
French Court Extends Telegram CEO Pavel Durov’s Police Custody
27.8.2024
French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on Saturday at Le Bourget airport amid a judicial...
Bitcoin Mining Sector Is in a Consolidation Phase: Architect Partners
27.8.2024
The effect of miner concentration is yet to be seen, the note said
First Mover Americas: Bitcoin Drops as Traders Take Profits
27.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...
BTC price warning: Binance 'wants blood' amid sub-$60K Bitcoin target
27.8.2024
BTC price weakness is number one of the radar for Bitcoin traders once again after bulls fail to overcome $65,000
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
27.8.2024
The fund, set for launch in September, will be available to corporates, businesses and professional investors
DeepLink Protocol’s Strategic Vision: Redefining the Future of Cloud Gaming
27.8.2024
The cloud gaming sector is undergoing a transformative evolution, reshaping how players interact with games. By eliminating the need for expensive hardware and local installations, cloud gaming is emerging as the industry’s new frontier. Advancements in cloud computing and 5G technology...
Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
27.8.2024
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024.
AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
27.8.2024
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
27.8.2024
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group,...