Bitcoin Plunges Below $50,000. Richard Teng Remains Optimistic About Recovery
TL;DR Bitcoin briefly fell below $50,000 after a 21% drop since early August, with liquidations exceeding $1 billion in the last 24 hours. Richard Teng,...
Tag : Bitcoin
Crypto Black Monday: $1 Billion in Liquidations as Market Crashes
by jose
TL;DR Whale Liquidations and Market Turmoil: A whale portfolio with a long position in Ethereum (ETH) contracts faced liquidations totaling 7,467.5 ETH (approximately $22.3 million)....
MicroStrategy Q2 Loss Surges to $102.6 Million Despite Bitcoin Holdings Rising
by Fernando
TL;DR MicroStrategy reports a net loss of $102.6 million in the second quarter of 2024. The company incurs a $180.1 million charge on its bitcoin...
Bitcoin Miners Navigate Post-Halving Landscape: Accumulation vs. Liquidation
by jose
TL;DR Halving Impact: The recent Bitcoin halving event in April reduced mining rewards from 6.25 BTC to 3.125 BTC, creating operational challenges. Smaller miners, with...
Binance Labs Unveils Season 7 Incubation Program with New Web3 Innovators
by Fernando
TL;DR Binance Labs unveils the first batch of projects for Season 7 of its Incubation Program. The selected projects include Astherus, Cycle Network, Dill, and...
Crypto Market Boom Fueled by Trump’s Political Influence
TL;DR The recent recovery in the crypto market is largely attributed to the impact of political events, including the assassination attempt on former President Donald...
Bitlayer Labs Raises $11 Million in Series A Funding for Bitcoin Layer 2 Expansion
by jose
TL;DR Funding Milestone: Bitlayer Labs, a Bitcoin Layer 2 platform based on the BitVM paradigm, has successfully secured $11 million in its Series A funding...
Speculation Grows: Trump to Back Bitcoin as US Strategic Reserve at 2024 Conference
by Fernando
TL;DR Donald Trump may announce Bitcoin as the new strategic reserve of the US at the Bitcoin 2024 Conference in Nashville. Simon Dixon confirms rumors...
Bitcoin Market Dynamics
TL;DR The German government sold a record 48,000 Bitcoin, marking a milestone in state management of digital assets. The introduction of 11 US spot ETFs...
AT&T Pays Hacker 5.7 Bitcoins to Delete Stolen Customer Data
by jose
TL;DR AT&T paid hackers nearly $374,000 to erase stolen data on almost all of its 109 million wireless customers. The data breach exposed customers’ friends,...
