Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and...
Month: August 2024
Trump cautions current administration not to sell Bitcoin
The former president continues to stress that if the United States does not innovate in the digital asset sector, other...
The Bitcoin bottom is not in — BTC traders set price targets in low $40K range
Crypto traders appear to agree that today’s market rout is far from over.
Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the...
Trader Who Called May 2021 Collapse Says Bitcoin Setting Up for 4th Quarter ‘Fireworks’
A veteran trader who accurately predicted the May 2021 crypto collapse says that Bitcoin (BTC) is setting up for a...
Massive Ethereum and Altcoin Collapse Likely Underway As Repeat of 2019 Unfolds: Benjamin Cowen
Analyst Benjamin Cowen is warning that altcoins could correct even further based on historic precedence. In a new video, Cowen...
‘Only a Small Number Can Survive’ – Galaxy Digital Issues Warning to Bitcoin Layer-2s Amid Scarce Blockspace
Crypto investment firm Galaxy Digital is issuing a warning, saying that Bitcoin (BTC) layer-2s are in danger of potentially losing...
Recession Fears Trigger $528,000,000 in Outflows From Crypto Products: CoinShares
Digital assets manager CoinShares says that institutional crypto investors pulled hundreds of millions from digital asset investment vehicles last week....
US Senators Receive 2,200 Letters in Under 48 Hours in Support of Senator Lummis’ Pro-Bitcoin Bill
A crypto-focused nonprofit says that US senators have so far received over 2,200 letters urging them to co-sponsor and support...
Xapo Bank to offer 1% yield on Bitcoin in UK
Xapo Bank, a Bitcoin-focused institution, has announced its expansion into the United Kingdom, according to an Aug. 5 statement shared...
DeFi giant Aave achieves $6M revenue in volatile market conditions
Leading DeFi platform Aave Protocol generated over $6 million in revenue during the current market downturn. On-chain data shows that...
Bitcoin bounces back as BlackRock registers $1 billion in trading volume
Quick Take On Aug. 5, Bitcoin dropped to as low as $49,000, rebounded, then fell again. However, as the US...
Crypto ETP outflows hit $528M amid recession fears and market turbulence
Crypto-related investment products experienced outflows of $528 million, ending a four-week streak of inflows, according to CoinShares’ latest weekly report....
US volatility records third highest reading as Bitcoin dominance surges
Quick Take Bitcoin’s dominance in the digital assets market recently surged to a new yearly high of 58%, but it...
Over $850 million in realized losses, with short-term holders bearing the brunt
Quick Take On Aug. 2, Bitcoin (BTC) was trading around $65,000, but by Aug. 5, it had plummeted to a...