What happens when 1% of Bitcoin holders control 99% of BTC supply?
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply.
Posts published on July 29, 2024 go to media archive 3/4
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month.
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators…
Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential
The price of Bitcoin has gone up an impressive 20% in the last three weeks, which has once again drawn the attention of traders and investors. The solid price ascent has caused a big change in the market’s mood. Traders are feeling more…
How to pick tokens for exchange listings? New report offers help
Crypto exchange Bitget and Nansen Research collaborated to help exchanges evaluate potential of a cryptocurrency depending on the token cycle.
First Mover Americas: Bitcoin Rises to Nearly $70K After Trump's BTC 2024 Speech
The latest price moves in bitcoin (BTC) and crypto markets in context for July 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin, gold on track to break out as ‘macro summer’ begins — Analyst
The beginning of the “macro summer” rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal.
Gaming blockchain Ronin records 2M daily active users: Token Terminal
Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The…
Donald Trump Reveals Plans For US Government’s 213,239 Bitcoin If Elected
US Republican Presidential candidate Donald Trump made his much-anticipated appearance at the Bitcoin 2024 conference in Nashville on July 27. Trump made several promises to the crypto voters in attendance, including what he would do to the US…
Donald Trump Pledges Strategic Bitcoin Reserve at Bitcoin Conference in Nashville
Speaking at the Bitcoin 2024 conference in Nashville on Saturday, former President Donald Trump made several pledges to the Bitcoin community if elected in 2024. Most notably, Trump said he would create a strategic national reserve of Bitcoin as an…
Ethereum ETF launch drives $2.2B inflows —CoinShares
CoinShares reports that spot-based Ether ETFs debut with a significant $2.2 billion of inflows, offset by Grayscale’s $285 million in net outflows.
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.
Justin Sun Calls for Restoration of Bitcoin Emoji on X
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to…
Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.
NFTs face lowest monthly sales since Nov. 2023
Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.
US national debt passes $35T — 5 Things to know in Bitcoin this week
Bitcoin bulls demand a rematch with final resistance below all-time highs to start the week as BTC price upside puts $70,000 back in play.
Fantom (FTM) Regains Momentum After Weeks Long Bleed – Will This Continue?
The market opened today with enthusiasm, seeing a rebound after last week’s slippage. According to CoinGecko, the entire market is up more than 3% today. This led to the bulls overtaking the bearish momentum, pulling several altcoins to the top of…
Hong Kong Lawmaker Advocates for Bitcoin Inclusion in Strategic Fiscal Reserves
Bitcoin.com’s Verse Community Completes Vote for Verse Brand Refresh
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, will carry out a significant brand refresh for its ecosystem token, VERSE. This decision follows a community-led voting proposal aimed at modernizing the VERSE brand to better resonate…
BlackRock imposters target crypto ETF investors
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators.
Coinbase to Provide Custody for Australian Bitcoin ETF BTXX
Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (BTXX) in Australia. This partnership will offer qualified Australian investors…
The Clock Has Ticked on Bitcoin's Post Halving Surge, 100 Days After the Latest Quadrennial Halving
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.
Bitcoin Nears $70K on Back of Trump's Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains
Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.
Venezuela's Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.
$600M XRP token release to bring August crypto unlocks to $1.5B
August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market.
Bitcoin pushes toward $70K — just 6% needed for new all-time high
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment.
Hacker gets 3.5 years prison for $900K Coinbase login scam: Report
A UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s alleged crypto “Ponzi” funded his lavish lifestyle, and Washington DFI flags the latest potential crypto fraud.
Dogecoin Price (DOGE) Eyes Impressive Gains: Will It Break Through?
Dogecoin started a steady increase from the $0.1280 zone against the US Dollar. DOGE could gain pace if it clears the $0.1360 resistance zone. DOGE price is eyeing more gains above the $0.1350 resistance zone. The price is trading above the $0.1320…
COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO
A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.