Bitwise Expands into Europe with $1B Purchase of ETC Group and Nine Crypto ETPs
TL;DR Bitwise Asset Management acquires ETC Group, marking its entry into the European market and adding several crypto ETPs to its portfolio. ETC Group, known for
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
Galaxy Digital Allegedly Adds 400 BTC Worth $23.4M to Its Portfolio
TL;DR Galaxy Digital has allegedly acquired 400 BTC, valued at approximately $23.4 million, which could indicate a shift in its investment strategy. The purchase follows a
Solana Faces Massive $39M Outflows, Ethereum Inflows Stagnate Amid Market Jitters
TL;DR Total inflows of $30 million into digital assets, with the Fed less likely to cut rates. Solana saw its largest outflow on record of $39
Major Moves This Week for the Crypto Market: Here is What You Need to Know
TL;DR Powell’s Speech: Federal Reserve Chair Jerome Powell’s comments on maintaining higher interest rates led to mixed reactions in the crypto market, causing slight declines in Bitcoin
Despite Market Turbulence, Coinbase’s Brian Armstrong Backs Bitcoin as Inflation Hedge
TL;DR Brian Armstrong, CEO of Coinbase, supports Bitcoin as a solution to inflation, despite market turbulence and internal issues at the exchange. Brian claims that inflation
Donald Trump’s Financial Disclosures Expose Massive $5M Crypto Investment and $7M NFT Earnings
TL;DR Donald Trump reveals his cryptocurrency investments valued at $3.6 million and $7 million in NFT earnings, according to his financial disclosure. The mogul holds $1.29
Bitcoin Funding Rates Crash to Lowest Levels of 2024—What This Bearish Signal Means for BTC Traders
TL;DR Bitcoin funding rates on Binance have hit their lowest level of the year. The average indicator of funding rates across all exchanges has also turned
Bitcoin Scaling Developers Release Whitepaper on BitVM2 and Updated BitVM Bridge
TL;DR BitVM2 Enhancements: The new BitVM2 framework significantly reduces the number of transactions needed for verification from 70 to just 3, making Bitcoin transactions more efficient
Defiance Investments Launches The First High-Leverage MicroStrategy ETF
TL;DR Defiance ETFs launches MSTX, the first Bitcoin-related leveraged ETF in the U.S., offering 175% long daily exposure to MicroStrategy. MicroStrategy’s stock, with a higher beta
Bitcoin ETFs See Major Institutional Interest as 66% Hold or Buy More in Q2
TL;DR Institutional Interest Grows: In Q2 2024, 66% of institutional investors either maintained or increased their Bitcoin ETF holdings, with 44% expanding their positions. Steady Hands
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