Bitcoin Enters Dreaded ‘Chop Season’ – What Does This Mean For Price?
Crypto analyst ShardiB recently revealed that Bitcoin has entered ‘chop season.’ This is significant as it could be a while...
Month: June 2024
Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies
Onchain Highlights DEFINITION: Balances on exchanges are the total amount of coins held on exchange addresses. Bitcoin’s balance on exchanges...
Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute
The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for...
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its...
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules...
Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’
Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S....
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not...
Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund
The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin...
Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment
New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms...
China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar
New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department...
‘We Have To Be About More Than Speculation’: Ripple CEO Questions Whether Dogecoin Has Been Good for Crypto
Ripple chief executive Brad Garlinghouse doesn’t think that the leading meme token Dogecoin (DOGE) helps crypto. While speaking at Consensus,...
Ether ETFs expected in June, CZ leaves Binance France, and other news: Hodler’s Digest, May 26 – June 1
Analysts predict ETH ETF’s launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.
Google and Magic Leap partner up to make metaverse goggles despite past flops
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial...
Japanese Crypto Exchange DMM Bitcoin Hacked for More Than $300,000,000 Worth of BTC
The Japanese crypto exchange DMM Bitcoin announced on Friday that it had been hacked for more than $300 million worth...
Hackers Targeting 1,500 Banks and Their Customers in Push To Drain Accounts Across 60 Countries: Report
Black hat hackers have reportedly unleashed malicious software targeting over 1,500 banks and their customers worldwide. Security researchers at IBM...
