Bitcoin Mining Revenue Crashes to Yearly Low—What’s Behind the $99M Plunge?
TL;DR Bitcoin mining revenue dropped by $99 million in August 2024, reaching its lowest point this year due to the April 2024 halving event, which cut
Crypto Market (Latest Publications)
Crypto Market Dips as $5 Billion in Options Expire Today
TL;DR Bitcoin and Ethereum prices have shown weakness this week, with declines of 4.5% to 5%, and the overall cryptocurrency market has seen a 4.4% decrease
Crypto Exchanges Are Hiding the Truth About Liquidations—Here’s How
TL;DR Vetle Lunde claims that liquidation data reported by cryptocurrency exchanges such as Binance, Bybit and OKX is underestimated. Platforms have modified their APIs to limit
AI Tokens Dip as Nvidia Shatters Earnings Expectations – A ‘Sell the News’ Reaction?
TL;DR Nvidia’s Q2 Earnings Beat Expectations: Nvidia reported revenue of $30 billion for Q2 2024, a 15% increase from the previous quarter, but its stock price
Ripple Labs Starts Burning RLUSD Stablecoin: What Does This Mean for the Upcoming Launch?
TL;DR Ripple Labs has started burning its new stablecoin, RLUSD, as part of efforts to ensure a smooth and successful launch, following a private beta on
Spot Bitcoin ETFs Hit by $127M Outflows After Eight Days of Gains
TL;DR US spot Bitcoin ETFs saw $127 million in net outflows after eight days of gains, with ARKB ETF leading the outflows at $101.97 million. Overall trading
Bitfarms Takes Control of U.S. Mega-Mining Site: 120 MW Capacity Unlocked
TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S.
Bitcoin Investment Trends: Short-Term Holders Switch to Long-Term Amid Cooling Speculation
TL;DR The Bitcoin market has reached an equilibrium, with a decrease in capital flow and in profit and loss-taking activities. The MVRV Ratio has returned to
Xapo Bank Partners with Hilbert Group to Create $200M Bitcoin-Denominated Fund
TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024.
Aave Explores BUIDL Integration to Maintain GHO Stablecoin Stability
TL;DR Aave Labs proposes integrating BlackRock’s tokenized fund, BUIDL, with its GHO Stability Module (GSM) to enhance the stability and efficiency of its native stablecoin, GHO. Benefits
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