Bitcoin on Cusp of Entering Parabolic Phase if History Repeats Itself, Says Crypto Analyst – Here’s the Timeline
A cryptocurrency analyst and trader is saying that Bitcoin (BTC) is on the cusp of turning bullish. The analyst pseudonymously...
Month: August 2024
Market underwhelmed by NVIDIA’s Q2 revenue and EPS beats
Quick Take NVIDIA once again exceeded Wall Street expectations with its Q2 earnings report on Aug. 28, surpassing earnings per...
Prediction market newcomer BET on Solana hits $20 million milestone in 24-hour trading volume
Solana-based prediction market BET has hit a new milestone of $20 million in its daily volume, according to Dune Analytics...
Bitcoin ETFs see $105 million outflow, ARK leads with $59.3 million loss
Quick Take Recent data from Farside highlights outflows in Bitcoin ETFs totaling $105.3 million. Out of 11 ETF issuers, six experienced...
Fully Onchain AI Model Deployed on Internet Computer (ICP) Blockchain
Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully...
Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April...
Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne,...
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in...
Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of...
Arthur Hayes Says Fed Will ‘Ramp Up Money Printer’ Dramatically Increasing Monetary Supply, Boosting Bitcoin
BitMEX co-founder Arthur Hayes thinks impending rate cuts in the US will drive up the price of Bitcoin (BTC). In...
Uniform trajectory in Bitcoin futures suggests stable market expectations across major exchanges
Onchain Highlights DEFINITION: The Futures Term Structure is a graphical representation of the pricing for futures contracts expiring at increasingly...
NFL Players Association sues DraftKings for $65M over Reignmakers NFT dispute
The National Football League Players Association (NFLPA) has filed a lawsuit against DraftKings Inc., seeking approximately $65 million in damages...
TON activity halted twice in a single day, surpassing ten-hour downtime
The Open Network (TON) is facing another block production halt after nearly six hours of downtime experienced earlier today. According...
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on...
Nigerian Civil Society Groups Praise Crypto Tax Proposal
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue...