The latest developments in the crypto market reveal a significant shift in Bitcoin price dynamics as the defunct crypto exchange Mt. Gox moved over 47,500 Bitcoin (BTC), worth approximately $3.2 billion, to multiple addresses. This major transfer has countered the positive impact of substantial Bitcoin ETF inflows, causing a noticeable effect on the Bitcoin price. …
Bitcoin Price Sideways as Mt. Gox Neutralises ETF Inflows Read More »
$BTC ETF inflows reached $533 million ahead of the $ETH ETF launch, reflecting a strong interest in spot Bitcoin exchange-traded funds in the U.S. According to data from Farside Investors, these ETFs saw $533.6 million in inflows on July 22, the highest since June 4’s $886.6 million. This marks the third consecutive week of inflows …
$BTC ETF sees $533M in inflows just before $ETH ETF launch Read More »
As the 2024 US Presidential election approaches, speculation about key leadership appointments intensifies. If Donald Trump wins, he may nominate Larry Fink, CEO of BlackRock, or Jamie Dimon, CEO of JPMorgan, as the US Treasury Secretary. Both candidates bring significant financial expertise and contrasting views on Bitcoin, which could heavily influence America’s financial landscape. Larry …
The Bitcoin community is actively discussing former US President Donald Trump’s comments at the Republican National Convention. Trump claimed that El Salvador, led by Bitcoin advocate President Nayib Bukele, is “dumping criminals” into the US, sparking significant debate among Bitcoin enthusiasts and political observers. The Bitcoin community responded quickly. The Bitcoin Therapist warned Trump to …
Overview of Token 2049 Singapore Token 2049 Singapore is shaping up to be the most significant cryptocurrency event ever. Scheduled for 18-19 September 2024 at Marina Bay Sands, it precedes the Formula 1 Singapore Grand Prix 2024 race weekend. This event will bring together 20,000 attendees from over 150 countries, converging industry leaders and global …
Binance.US has received judicial approval to invest certain customer assets in U.S. Treasury bills. This decision is part of an order setting conditions for the crypto exchange. Judge Jackson has been overseeing the SEC’s case against Binance. The SEC accused Binance and former CEO Changpeng Zhao of misleading customers, allowing U.S. investors to access Binance.com, …
Judge allows Binance.US to invest user assets in treasuries Read More »
CBOE announced that five spot Ethereum ETFs, including funds from Fidelity and VanEck, will be listed on the exchange on July 23. This follows CBOE posting new issue notifications as part of the ETF launch procedure. Firms aiming to launch their spot Ethereum ETFs received SEC approval of 19b-4 forms in May. However, they need …
Bitcoin price has successfully broken the $66,000 level, marking a significant milestone in its recovery from the recent downturn. This breakthrough, supported by key Fibonacci retracement levels, is a strong indicator of potential bullish momentum. Key Insights from the Bitcoin Price Chart Bullish ETF Inflows help Bitcoin Price In addition to the technical indicators, bullish …
Bitcoin Price Breaks $66,000 Level: A Bullish Outlook Ahead Read More »
Luno’s Integration with Fireblocks South African crypto exchange Luno has announced its integration with Fireblocks, a leading enterprise-grade digital asset transfer platform. This partnership marks a significant step towards enhancing Luno’s transaction capabilities and user experience. The Allure of Fireblocks Integration On July 17, Luno revealed that it would leverage Fireblocks’ technology to enable fast, …
Luno and HTX Integrate Fireblocks: Enterprise-Grade Digital Asset Platform Read More »
Indian cryptocurrency exchange WazirX was the victim of a security breach on 18th July, 2024. And reports are now coming that this was a North Korean hacker group’s job. A cyber attack occurred in one of our [multi-signature] wallets involving a loss of funds exceeding $230 million,” the company stated. “This wallet was operated utilizing …
WazirX reportedly hacked by North Korean hackers Read More »
