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Bitcoin Plummets To $59,000, On-Chain Data Reveals Why

[Aug 28, 2024 8:30 PM] Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The Crash In a new post on X, CryptoQuant Head of Research Julio…

The Other Satoshis: Bitcoin's Most Important Early Contributors

[Aug 28, 2024 6:38 PM] This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator served as the

Bitwise Brings The Bitcoin Ethos To Wall Street

[Aug 28, 2024 2:37 PM] Company Name: Bitwise Asset ManagementFounders: Hong Kim and Hunter HorsleyDate Founded: December 2016Location of Headquarters: San Francisco, CA and New York, NYAmount of Bitcoin Held in Treasury: UndisclosedNumber of Employees: 65Website…

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

[Aug 28, 2024 1:30 PM] On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether…

Floki Bullish Breakout Ignites: Could A 96% Surge Be Next?

[Aug 28, 2024 10:00 AM] Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto…

Bitcoin Price Drops Under $60K Again: Can It Stage a Recovery?

[Aug 28, 2024 3:29 AM] Bitcoin price started a fresh decline and traded below $60,000. BTC is struggling and might continue to move down toward the $56,500 support. Bitcoin gained bearish momentum below the $62,000 support level. The price is trading below $62,000 and…