Binance Launches High-Leverage UXLINKUSDT Perpetual Contract
TL;DR Binance will launch the UXLINKUSDT perpetual contract on September 15, 2024, with leverage up to 75x. The contract will be USDT-margined and will feature...
Tag : news
Grayscale Bitcoin Trust Faces Over $20 Billion in Outflows
by Fernando
TL;DR The Grayscale Bitcoin Trust (GBTC) has surpassed $20 billion in net outflows since converting to an ETF. BlackRock’s iShares Bitcoin Trust saw a resurgence...
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....
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...
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...
Crypto Whales Scoop Up $227 Million in Bitcoin Amid Market Dip
by Fernando
TL;DR Crypto whales have withdrawn 4,014 BTC from Binance valued at $227.7 million over the past week. An investor withdrew 999.999 BTC, equivalent to $55.09...
Bitcoin Hashrate Hits Record High: Impact on BTC Price and Mining
by Fernando
TL;DR Hashrate Record: The Bitcoin network’s hashrate reached a historic high of 742 EH. Increased Production Costs: The total cost to mine one BTC has...
Ethereum Layer-1 Revenue Plummets 99% as Layer-2 Solutions Surge
by Fernando
TL;DR Ethereum’s Layer-1 (L1) revenue has dropped by 99% since March 2024. The Dencun upgrade has significantly reduced transaction fees for Layer-2 (L2) solutions. The...
Metaplanet and SBI Group Form Strategic Alliance to Boost Bitcoin Trading and Custody
by Fernando
TL;DR Metaplanet Inc. announces a strategic alliance with SBI VC Trade for the management and custody of Bitcoin. The collaboration seeks to improve tax efficiency...
