Bitcoin Holders Remain Steadfast as Exchange Activity Hits Multi-Year Low
TL;DR Bitcoin is still struggling to surpass $60,000 but has not triggered massive sell-offs. Exchange activity has decreased, with 19% fewer deposits over the last...
Tag : Crypto
Coinbase Denies Bitcoin IOU Allegations Amid BlackRock Collaboration Rumors
TL;DR Coinbase was accused of collaborating with BlackRock in issuing Bitcoin “IOUs” to manipulate its price. Brian Armstrong, CEO of Coinbase, denied the accusations and...
Major Bitcoin Rally on the Horizon: Experts Predict Exciting Weeks Ahead
by Fernando
TL;DR Bitcoin could experience a significant rally in the coming weeks, according to analysts. The re-accumulation range and post-halving synchronization are close to being reached....
Ripple Fuels Speculation with 150 Million XRP Transfer to Unknown Wallet
TL;DR Ripple Labs has sparked concern after transferring 150 million XRP to an unknown wallet, leading to speculation about possible strategic motives behind the transaction....
Anchorage Digital to Custody 21Shares’ New Bitcoin and Ethereum ETFs
TL;DR Anchorage Digital Bank will act as the custodian for the new cryptocurrency ETFs ARKB and CETH issued by 21Shares, highlighting its role as a...
Bitcoin Miners Offload $1.7 Billion in BTC Amid Record Mining Difficulty and Price Decline
by Fernando
TL;DR Massive BTC Sell-Off: Miners have liquidated over 30,000 BTC in the last 72 hours, valued at approximately $1.7 billion. Record Mining Difficulty: Mining difficulty...
Arthur Hayes Warns of Bitcoin Risks as Japanese Yen Strengthens
by Fernando
TL;DR Arthur Hayes warns of risk to Bitcoin due to the strengthening of the Japanese Yen and the potential unwinding of carry trades. The recent...
Solana Fees Hit Six-Month Low Amid Decline in Pump.fun Popularity
TL;DR Fees generated by the Solana network have fallen to a six-month low, reaching 3,800 SOL on August 31, with a slight recovery to 4,000...
Coinbase’s Base Surges Ahead: Key Metrics and Outperformance in Ethereum Layer-2
by Fernando
TL;DR Base, Coinbase’s Layer-2 network, has achieved a Total Value Locked (TVL) of $1.426 billion and a stablecoins market capitalization of $3.368 billion. In the...
Binance Publishes 22nd Proof of Reserves Report: BTC and ETH Down, USDT Up
TL;DR Binance releases its 22nd proof of reserves report, showing the management of user assets as of September 1, 2024. Bitcoin and Ethereum reserves have...