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Bitcoin exchange inflow has fallen sharply in August — CryptoQuant
22.8.2024
Exchange inflow gauges potential selling pressure, with high inflow suggesting high sell pressure and low inflow suggesting low pressure
El Salvador to Educate 80,000 Public Servants on Bitcoin
22.8.2024
The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The module also includes training in the areas...
US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets
22.8.2024
QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision...
3 reasons why Bitcoin price could hit $68K in September
22.8.2024
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
22.8.2024
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain...
Bitcoin’s $100K Target Delayed but Inevitable, Says Antony Scaramucci
22.8.2024
Anthony Scaramucci, founder of SkyBridge Capital, is still confident that BTC will hit $100,000 at some point, albeit…
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
22.8.2024
The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of...
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
22.8.2024
On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held a 53% chance of victory, edging out Harris, who currently sits at 46%....
PEPE Price Jumps 5% as Analyst Forecasts Uptrend, Pepe Unchained Presale Raises $10M
22.8.2024
Pepe (PEPE) has jumped 5% in the past 24 hours, catching the attention of meme coin traders. One top analyst has even suggested that this could be the start of an uptrend for the coin. Meanwhile, new project Pepe Unchained (PEPU) has passed $10 million in its ongoing presale – with investors...
Tether to Launch UAE Dirham-Pegged Stablecoin
22.8.2024
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses...
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
22.8.2024
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners...
Monero Begins Integration of New Privacy Feature (FCMP++) to Enhance Transaction Security
22.8.2024
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This feature aims to significantly enhance transaction security and privacy on the Monero network by proving that the output spent is one of any output on the chain....
US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline
22.8.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $17.97 million during the day’s trading. Spot Bitcoin ETFs See Fifth Day of Inflows, Ether...
First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
22.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
22.8.2024
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted
615 Crypto Scam Sites Dismantled by Australian Regulator
22.8.2024
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take...
Bitcoin 'ripe for short squeeze' as bulls pressure $62K BTC price wall
22.8.2024
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range
Bitcoin Surges After Fed’s July Minutes: What It Means for the Crypto Market
22.8.2024
Following the release of July meeting notes from the U.S. Federal Reserve, Bitcoin (BTC) surged to a new…
Gold-Backed and Ready to Shine: HAQQ Founders Share Story Behind Deenar Stablecoin
22.8.2024
HAQQ brings together the most reputable actors of Ethical finance in order to promote community-driven decentralized technologies worldwide. HAQQ is an EVM-equivalent chain, based on Cosmos SDK. The technology behind HAQQ makes it possible for any smart contract created on other EVM chains to...
Daily Crypto Update: Mid-week Fluctuations see Bitcoin Surging 2.5%
22.8.2024
The crypto industry underwent another mid-week wave of fluctuation. The development saw Bitcoin and Ethereum gaining back some…