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The unlikely reality of Bitcoin as a reserve currency
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Bridging the Future at Bangalore’s Web3 Meet and Greet
Bangalore,India–August31,2024– Bangalore is set to become the nucleus of the next tech evolution with Orbis86: “The Future of Tech: Web3 Meet and Greet.” On August 31st,...Bitcoin to $100,000? Analysts Predict Bullish September
2024 has been a standout year for Bitcoin, seeing the asset reach new all-time highs earlier this year. Over the past seven days, BTC...How to Add Neiro to MetaMask?
Your guide: How to Add Neiro to MetaMask? Keeping track of your cryptocurrency wealth is now an important skill in the fast-paced world of decentralized...Ripple: Whales Buy 50M XRP as Price Looks to Surge
In an important development for the crypto, Ripple has seen whales buy 50 million XRP in the past 24 hours. The move comes as...
- Exchanges
WazirX CEO advises withdrawals amid ownership dispute and hack aftermath
WazirX co-founder and CEO Nischal Shetty clarified some of the growing concerns around the exchange’s operations and ownership following the recent $235 million hack. In...Nasdaq and CME Group bolster Bitcoin market with new trading options
Two prominent financial institutions in the US—Nasdaq and CME Group—have launched new Bitcoin-related products as institutional adoption of the top crypto continues. According to an...Binance CEO urges US intervention for detained executive in Nigeria
Binance CEO Richard Teng is calling on the US government to intervene in the case of Tigran Gambaryan, a US citizen and Binance employee,...US government disputes ex-FTX exec Ryan Salame’s bid to undo guilty plea
The US government has pushed back against former FTX executive Ryan Salame’s attempt to void his guilty plea, which he claims was based on...WazirX says external parties are attempting to prolong its restructuring efforts
Indian cryptocurrency exchange WazirX said external parties not invested in the platform may try to prolong its restructuring process for their gains. In a...
- Insights
Bitcoin crashes over 6% to $58k before attempting recovery
Bitcoin (BTC) fell over 6% on Aug. 27 to a low of $57,880 before marking a slight recovery. The majority of the losses were recorded...Bitcoin investors turn cautious as speculative appetite wanes – Glassnode
Bitcoin (BTC) investors are showing a reduced appetite for speculation amid a state of equilibrium across on-chain activity and perpetual futures markets, according to...Bitcoin’s net realized profit/loss stabilizes post $70k surge, signaling market maturity
Onchain Highlights DEFINITION: Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit...Bitwise CIO says Powell’s remarks could spark a new Bitcoin bull run
Bitwise CIO Matt Hougan believes that US Federal Reserve Chair Jerome Powell’s recent dovish comments could ignite a new bull market for Bitcoin. Hougan, in...Solana-based SOON backed by top industry influencers aims for 650k TPS on Ethereum
The Solana Optimistic Network (SOON) has raised an undisclosed amount in a co-builder funding round that drew contributions from key industry figures, according to...
- Investments
Bitcoin sees $543 million in inflows after Powell’s dovish remarks
According to CoinShares’ latest weekly fund flow report, crypto investment products saw their largest inflows in five weeks, with $533 million pouring into the...Gate Ventures partners with Abu Dhabi Blockchain Center for $100 million Web3 fund
Gate Ventures, the venture capital arm of Gate.io exchange, has partnered with Abu Dhabi’s Blockchain Center to launch Falcon Gate, a $100 million Web3...Metaplanet bolsters Bitcoin holdings with additional 57 BTC
Tokyo-listed Metaplanet said it increased its Bitcoin holdings with the additional purchase of 57.273 BTC for ¥500 million (around $3.4 million), according to an...Third largest pension fund globally invests $80M in MicroStrategy and Coinbase
South Korea’s National Pension Service (NPS) holds more than $80 million worth of MicroStrategy and Coinbase shares, according to a new filing with the...Grayscale names Peter Mintzberg as CEO amid competitive shake-up
Peter Mintzberg has taken over as the CEO of the digital asset management firm Grayscale, according to an Aug. 15 announcement. The new appointment comes...
- Trading
Bitcoin holds $56k support amid heightened volatility as options expiry looms
Bitcoin briefly fell below $56,000 on Aug. 15 before marking a slight recovery above $57,000 amid heavy volatility in anticipation of the expiry of...US government transfers 10,000 Silk Road BTC to Coinbase Prime, Bitcoin price holds steady
A Bitcoin (BTC) address that received 10,000 BTC from a US government wallet two weeks ago moved the entire stash to a Coinbase Prime...Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions
Bitcoin’s price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange. The rally,...Crypto liquidity crisis causes major price slippages during sell-offs – Kaiko
Crypto markets continue to grapple with liquidity fragmentation, leading to persistent price discrepancies across exchanges. According to a recent Kaiko report, these disparities are diminishing...Institutional investors bought the dip despite Bitcoin’s steep crash below $50,000
Crypto traders have quickly resumed placing optimistic bets on Bitcoin in the options market despite the recent market crash, which resulted in billions of...
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