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76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M


Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets...

India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses


India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement...

US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile


U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency...

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022


The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...

BlackRock’s Ethereum ETF, ETHA, enters the top 15 ETFs


BlakcRock’s Ethereum ETF, ETHA, now features in the list of top 15 ETFs among more than 330 ETFs launched. Interestingly, it took ETHA only one week to achieve this feat, which stems from inflows that BlackRock has banked within 7 days. Nate Gaerci, the President of The ETF Store, first reported...

$XRP is trading as though an ETF announcement is imminent


The approval of Spot Bitcoin ETF and Spot Ether ETF has paved the way for other crypto ETFs to make their way to the market. Analysts have often said that it is now not a matter of if, but a matter of when. This implies that the trading floor will eventually welcome more crypto ETFs. …

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