Bitcoin traders see $63K sweep with FOMC, BTC price monthly close next
BTC price volatility begins ahead of key US macro pointers from the Federal Reserve, with traders hoping that Bitcoin will sweep liquidity lower in its range. Go to Source
Month: July 2024
US Bitcoin ETFs Record $18.3 Million in Net Outflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest losses. $18.3M Net Outflows in U.S. Bitcoin ETFs; GBTC Hit Hardest The total reduction across the 11 … Read more
New Crypto Launch to Watch: 99Bitcoins Token $2.5M Presale Ends in Five Days
A new project is shaking things up in the crypto education space. As its presale comes to an end, 99Bitcoins Token (99BTC) is primed to transform how we learn about the blockchain – all while offering crypto rewards. 99Bitcoins Token Transforms Crypto Education Through Learn-to-Earn 99Bitcoins has been a cornerstone of crypto education since 2013, … Read more
How Tron’s upgrades are reshaping the digital economy: Report
Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements. Go to Source
Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In
On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million. Ether ETFs Bounce Back After 4-Day Outflows The ether-based ETFs in the … Read more
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization. Go to Source
Sky Mavis co-founder breaks down Ronin’s surge in active users
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity. Go to Source
Crypto PACs are spending big on US elections — What it means for the industry
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars. Go to Source
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s … Read more
OpenAI backs Senate bills to advance AI safety and accessibility
OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress. Go to Source