Coinbase and MicroStrategy climb as Bitcoin reclaims $59k
Coinbase and MicroStrategy stocks rose 6% and…
Miner profitability falls to record lows — Blocksbridge
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
Source link
AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye
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 price taps week-to-date high near $58.5K amid US jobs data miss
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
US crypto firm BitGo wins payment license in Singapore
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…
Crypto trading volumes surge 19% in July, hitting $4.94 trillion
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.…
US to establish Bitcoin tax-free zone for digital economy growth
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…
WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.
Source link
Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.
Source link
Cumberland buys the dip? Trading firm deposits $95M to exchanges
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.
Source link