Mining company CleanSpark sold only 2.54 Bitcoin in July
CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.
Posts published on August 2, 2024 go to media archive 2/4
Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report
Winning over the $3.75-trillion financial advisory firm is a historic milestone for crypto.
Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.
Bybit Exits French Market Amid Regulatory Pressures
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité des Marchés Financiers (AMF) had previously issued a warning against Bybit, advising investors…
Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst
Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices…
The BITCOIN Act of 2024
Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of…
Bitcoin’s Anticipated Retail Resurgence
Bitcoin's recent price action has been a rollercoaster of highs and lows. However, even though bitcoin has set a new all-time high and had two years of a near-constant positive trajectory, we're yet to see a consistent influx of retail investors…
Decentralized AI gains ground as more protocols collaborate
Lumerin, Morpheus and Exabits are working together to build a blockchain-based AI agent economy, but talent and time constraints still pose challenges.
The Key to FROST: What is Distributed Key Generation?
Multisig is a familiar concept for most in Bitcoin: a multisig transaction requires approval from multiple parties before it can be executed. We distinguish between "n-of-n" multi-signatures, where the number of involved parties is n, and they all…
MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.
MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair…
France Opens for MiCA Applications, First Among Biggest EU Economies
France's Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. …
Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
PlayDoge ICO Nears $6M as Retro-Style P2E Meme Coin Goes Viral
PlayDoge (PLAY), the latest meme coin sensation, is on the verge of hitting a major milestone. This retro-style project is nearing the $6 million mark in its limited-time presale. Both investors and gamers are eager to get in on the action –…
Make America Mine Again: How Donald Trump's Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush
The U.S.'s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market.
Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: CNBC
In a significant move among major Wall Street banks, Morgan Stanley will soon allow its financial advisors to offer Bitcoin ETFs to certain clients, CNBC reports. Starting Wednesday, the firm’s 15,000 advisors can pitch BlackRock's iShares Bitcoin…
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave…
Trump made many promises to Bitcoiners — Can he keep them?
The Republican nominee for US president pledged to commute Ross Ulbricht’s sentence, fire SEC Chair Gary Gensler, and have all Bitcoin mined in the United States.
PEPE Bullish Trend Line Under Threat: $0.00000766 Level On Sight?
PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal a major shift in market…
CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading
The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%.
July NFT Sales Plummet for Second Consecutive Month
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued…
Congressman Wiley Nickel On Reforming The Democrats’ Bitcoin Strategy
On the main stage of Bitcoin 2024, Rep. Wiley Nickel (D-NC) shared that he’s working to have the Democrats shift to a more pro-Bitcoin and pro-crypto stance.He told the audience at the event that he’d recently written a letter to the DNC signed by…
Hong Kong broker offers new customers deposit bonuses in Bitcoin
With the inclusion of Bitcoin rewards, Futu Securities aims to attract a new wave of investors.
4 crypto price analysis platforms that can improve your trades
Crypto analytics platforms can vary widely depending on various factors, including price, investment focus and tracking abilities.
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation.
ABS2024: Taipei Becomes Asia’s Hub for Pioneers of Web3 and AI
The Asia Blockchain Summit 2024 (ABS2024) will take place from August 6 to 8 at the Taipei Nangang Exhibition Center. ABS2024, powered by BlockTempo, combines multiple blockchain events, summits, and conferences into a three-day packed…
ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M of Coinbase stock
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.