Crypto Market Rises as Fed Chair Powell Signals Potential Rate Cuts Ahead
TL;DR Market expectations of a potential rate cut by the Federal Reserve have driven up the prices of several cryptocurrencies. The price of Bitcoin (BTC) rose
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Bitcoin ETFs Surge with $64.91M Inflows—But Ethereum Sees Big Losses!
TL;DR U.S. Bitcoin ETFs reported net inflows of $64.91 million on August 22, extending their positive streak to six days. BlackRock’s ETF, IBIT, led with $75.49
Bitcoin and Ethereum Face $1.5B Options Expiry Just as the Fed’s Big Move Approaches
TL;DR Bitcoin and Ethereum Options Expiry: Bitcoin and Ethereum face a combined options expiry worth $1.5 billion on August 23, 2024, with Bitcoin’s max pain point
Babylon Labs Unleashes Bitcoin Staking, Sending Transaction Fees Soaring to New Heights
TL;DR Bitcoin transaction fees skyrocketed to $132 due to the launch of native staking by Babylon Labs, compared to the previous average of $0.26. Babylon Labs
Ethereum ETF Exodus: Investors Flee as Market Confidence Dries Up
TL;DR Ethereum ETFs Face Record Outflows: Spot Ethereum ETFs in the U.S. saw their longest outflow streak since inception, with $92.2 million withdrawn from August 15
Bitcoin Mining Giant Bitfarms Acquires Stronghold in $125M Stock Deal—What’s Next?
TL;DR Bitfarms acquires Stronghold for $125 million in stock, increasing its mining capacity. The deal includes a 70% premium for Stronghold shareholders and assumes $50 million
Bitcoin Whale Activity Plummets—Are We Headed for a Bear Market?
TL;DR Bitcoin whale activity has decreased significantly, raising concerns in the market. Capital outflows from key BTC addresses have intensified selling pressure. The market is facing
Bitcoin Dominance Hits 56%: Long-Term Holders’ Resilience vs. Short-Term Losses—What’s Next?
TL;DR Bitcoin has reached a 56% dominance in the total cryptocurrency market capitalization, up from 38% since November 2022. Short-term holders face substantial losses, which could
Babylon Introduces Self-Custodial Bitcoin Staking with Mainnet Launch
TL;DR Babylon launches Bitcoin staking on its mainnet in three phases, starting with the Bitcoin locking phase. The first phase allows users to lock their bitcoins
Why Is the Crypto Market Surging Today? Key Factors Explained
TL;DR Bitcoin’s Price Surge: Bitcoin (BTC) soared above $60,000, boosting overall crypto market sentiment and encouraging more investors to enter the market. Altcoin Rally: Major altcoins
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