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Bitcoin

Miner profitability falls to record lows — Blocksbridge

admin Aug 8, 2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues. Source link
Bitcoin

AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye

admin Aug 8, 2024
AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’ Source link
Bitcoin

Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss

admin Aug 8, 2024
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs. Source link
Bitcoin

US crypto firm BitGo wins payment license in Singapore

admin Aug 8, 2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot…
Bitcoin

Crypto trading volumes surge 19% in July, hitting $4.94 trillion

admin Aug 8, 2024
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.…
Bitcoin

US to establish Bitcoin tax-free zone for digital economy growth

admin Aug 8, 2024
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global…
Bitcoin

WazirX to reverse trades after $235M crypto hack

admin Aug 8, 2024
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Source link
Bitcoin

Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'

admin Aug 8, 2024
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown. Source link
Bitcoin

Cumberland buys the dip? Trading firm deposits $95M to exchanges

admin Aug 8, 2024
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023. Source link
Bitcoin

Bitcoin whale txs hit highest levels in 4 months amid crypto dip

admin Aug 8, 2024
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.” Source link
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