Money & Crypto News

14 августа 2024 01:37

Blead IBIT position rose to about 348,000 BTC, and ETHA rose to about 294,000 ETH

Bledock's official updated spot Bitcoin ETF data shows that as of August 12, the market value of IBIT reached $20,554,349,504.61, and the number of positions increased to 347,994.5955 bitcoins, and the current number of shares in circulation is 611,04. 0,000 copies; in addition, its spot Ethereum ETF ETHA hit $780,328,557.45 as of August 12, the number of positions increased to 293,938.9533 ETH, and the number of shares in circulation was 38,800,000.

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14 августа 2024 00:52

Bloomberg ETF analyst: Whether the SOL ETF can be passed next year depends on whether the government will replace

Bloomberg ETF analyst Eric Balchunas said in an interview with CoinDesk that whether the SOL ETF can be passed next year depends on whether the government will replace the person. Eric further said: "Gensler will not stay in office, and the government will no longer choose Gensler 2.0. If the Republican Party takes over, everything is possible, especially Trump has been building some kind of relationship with these people and reaching some breakthrough."

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13 августа 2024 23:53

Coinbase: G-USD trading pair has entered the auction mode

Coinbase Exchange announced on the X platform that the G-USD trading pair has entered Auction Mode. Customers can issue limit orders and view the final indicative opening price. The order book will be in auction mode at least 10 minutes, no matching will occur during this period.

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13 августа 2024 22:48

On August 13, the net outflow of the U.S. Ethereum ETF was about 12,200 ETH, and the net outflow of Bitcoin ETF was 329 BTC

According to Lookonchain monitoring, the data of Ethereum and Bitcoin ETF in the United States on August 13 showed that: 1. Nine U.S. Ethereum ETFs totaled a net outflow of 12,202 ETH, about $32.31 million, of which 16,482 ETH, about $43.64 million, and the current grayscale holdings are 1,910,332 ETH. The value is about 5.06 billion US dollars; 2. Ten U.S. Bitcoin ETFs have a total net outflow of 329 BTC, about $19.5 million, of which 1,297 bitcoins flow outflow of grayscale GBTC, or about 77.17 million US dollars. The current grayscale holdings are 232,542 bitcoins, about It is 13.83 billion US dollars.

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13 августа 2024 21:49

Hive Digital's sales increased by 36% in the second quarter, with revenue reaching $32 million

Thanks to the entry into the field of artificial intelligence computing, Hive Digital Technologies Ltd. HIVE) sales increased by 36% in the second quarter of 2024. In addition, the company's revenue in the second quarter was about $32 million, compared with about $23.5 million in the same period last year, and the sales of its new high-performance computing platform have expanded to about $2.6 million.

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13 августа 2024 20:51

FOX reporter: U.S. crypto PAC organization Fairshake announces support for Senate candidates

Golden Finance reported that according to Fox Business reporter Eleanor Terrett on the X platform, the subsidiary committee of Fairshake, a super political action committee that supports cryptocurrencies, announced the first round of support plan for Senate candidates. Among them, Defend American Jobs will reserve about $12 million in Ohio for Bernie Moreno's campaign against incumbent Senator Sherrod Brown. Protect Progress will reserve about $3 million each for the Senate elections of Ruben Gallego and Elissa Slotkin in Arizona and Michigan respectively. At present, Fairshake has not announced whether it will directly support any senatorial election.

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13 августа 2024 19:47

Cumberland received 141.5 million USDT from Tether Treasury and transferred them to CEX

According to Lookonchain monitoring, Cumberland received 141.5 million USDT from Tether Treasury and transferred them to Kraken, OKX, Coinbase. And Binan. In just eight days, Cumberland has injected 1.04 billion USDT into the cryptocurrency market.

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13 августа 2024 18:44

The increase of the Nasdaq Composite Index expanded to 2%

The NASDAQ Composite Index rose to 2%, Starbucks rose more than 20%, and Ultramicrocomputer and NVIDIA rose more than 5%. The S&P 500 index now rose 1.3%, and the Dow rose 0.8%.

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13 августа 2024 17:42

Harris may continue the Biden administration's cryptocurrency crackdown

On August 13, U.S. Vice President Harris aimed to maintain the Biden administration's strict stance on cryptocurrency regulation. Harris is reportedly working with two former economic advisers to the Biden administration, Brian Deese and Bharat Ramamurti, who strongly opposed the previous 2023 Payment Stablecoin Clarity Act, believing that the bill was too lenient on issuers.

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13 августа 2024 16:55

Elwood received 52 million USDC from Circle and deposited it into Binance and exchanged it into USDT

According to financial reports, according to The Data Nerd, 3 hours ago, Elwood received 52 million USDC from Circle, and then deposited all USDC into Binance and exchanged it into USDT.

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13 августа 2024 15:55

Tether Treasury transfers 140 million USDT to Bitfinex

According to financial reports, according to Whale Alert monitoring, Tether Treasury transferred a total of 140 million USDT to Bitfinex through two transactions (70 million USDT each), after Tether Treasury had minted an additional 1 billion USDT.

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13 августа 2024 14:56

Binance Launchpool and Super Earn will launch the 56th project Toncoin

According to financial reports, Binance Launchpool and Super Earn will launch the 56th project - Toncoin (TON). Starting from 8:00 on August 15th, Beijing time, mining will last for 20 days. The webpage is expected to be launched within 24 hours before the launch of the new coin pool.

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13 августа 2024 14:31

BitMEX altcoin options trading volume reached $15 million last week, a record high

According to financial reports, BitMEX released data showing that last week was the highest altcoin options trading volume since BitMEX launched options trading. These include: $5 million DOGE, $67,000 SOL, $30,000 XRP and $10,000 BNB. The total notional value is about $15 million

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13 августа 2024 13:30

Arkham: Ethereum spot ETF weekly fund flow shows positive growth for the first time

According to financial reports, Arkham disclosed that the weekly fund flow of Ethereum spot ETF achieved positive growth for the first time, with a net inflow of 31,500 ETH last week, equivalent to US$75.07 million. This round of fund inflows was mainly driven by Blackrock, which has purchased a total of US$168.55 million worth of ETH. It is worth noting that Blackrock's single-day on-chain inflow peaked on August 7, receiving US$108.02 million worth of ETH on that day.

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13 августа 2024 12:29

Canadian cryptocurrency trading platform ezBtc and its founder embezzled $9.5 million in customer funds for gambling

On August 13, Cointelegraph reported that Canadian cryptocurrency trading platform ezBtc and its founder David Smillie embezzled approximately 13 million Canadian dollars (9.5 million U.S. dollars) in customer cryptocurrency assets and used the funds for gambling, thereby defrauding customers.

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14 августа 2024 01:22

Analysis: Mt.Gox creditors' funds may be close to an end

According to Arkham Intelligence, a wallet that may belong to BitGo received about $2 billion worth of Mt. Gox Bitcoin, which has now transferred most of the funds to a separate wallet, which may indicate Mt. The repayment of Gox creditors is finally coming to an end. For most of July, Mt. Gox has been transferring billions of dollars worth of Bitcoin to designated cryptocurrency exchanges, including Bitbank, Kraken, Bitstamp and SBI VC Trade, which are responsible for distributing relevant BTC to Mt. Gox creditor.

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14 августа 2024 00:23

Intention-centered Ethereum two-tier network Essential completed $11 million in Series A financing

Intent-centered Ethereum two-tier network Essential completed the A round of financing of $11 million, Archetype led the investment, IOSG Ventures, Spartan Group, Mirana Ve ntures, Amber Group, Maven 11 and Big Brain Holdings, as well as angel investors from Celestia, Hashflow, LIFI, Sorella and other companies, intercept So far, the company's total financing has reached 16.15 million US dollars.

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13 августа 2024 23:25

Coinbase begins to provide cryptocurrency services in Hawaii

The cryptocurrency exchange Coinbase has begun to provide crypto services in Hawaii. Local residents can now buy, sell and manage their cryptocurrencies on Coinbase. In addition, they can also use the exchange to pledge assets and make international funds remittances.

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13 августа 2024 22:19

U.S. treasury bonds rose, and the PPI rose less than expected to support the Federal Reserve to actively cut interest rates

U.S. Treasury bonds rose because the weaker-than-expected U.S. Producer Price Index (PPI) report supported the Federal Reserve to cut borrowing costs more actively this year. The rise of government bonds on Tuesday pushed the yield curve down by at least four basis points, the yield of two-year treasury bonds fell by about five basis points to slightly less than 4%, and the yield of 10-year treasury bonds fell to around 3.9%. "You can breathe a sigh of relief," said Jack McIntyre, portfolio manager of Brandywine Global Investment Management, after the release of the weak PPI report. The PPI report kicked off the release of a series of economic data this week. Consumer prices and retail sales data will be released on Wednesday and Thursday respectively, which is expected to help investors assess the extent and speed of the Federal Reserve's potential interest rate cut.

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13 августа 2024 21:20

Nicolas Bonta, co-founder of Bitfarms, resigned from the board of directors

Nicolas Bonta, co-founder of Bitcoin mining company Bitfarms, announced his resignation from the board of directors, and CEO Ben Gagnon was appointed as a member of the company's board of directors and chief director Brian Howlett. As the new independent chairman. Toronto-based Bitfarms fired CEO Geoffrey Morphy in May because he filed a lawsuit against the company for $27 million in liquidated damages. Last week, Bitfarms reported a net loss of $27 million, or a basic loss and a diluted loss of 7 cents per share, which was better than the 11 cents per share expected by analysts. In addition, due to the decrease in block rewards after the Bitcoin halving in April, the company's revenue was about $42 million, down 16% from the first quarter.

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13 августа 2024 20:21

33,105 BTC transfer transactions occurred at the address of Mt.Gox creditor's wallet on BitGo suspected

According to Arkham monitoring, 33,105 BTC transfer transactions occurred at the suspected Mt.Gox creditor wallet address on BitGo 15 minutes ago, worth about $1.97 billion.

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13 августа 2024 19:22

BTC exceeded $61,000

The market shows that BTC has exceeded $61,000, and now it is now reported at $6,1005.78, with a 24-hour increase of 1.69%. The market fluctuates greatly. Please do a good job in risk control.

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13 августа 2024 18:25

BTC exceeded $60,000

The market shows that BTC exceeded $60,000 and is now reported at $6,024.57, with a 24-hour increase of 0.47%. The market fluctuates greatly. Please do a good job in risk control.

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13 августа 2024 17:26

Essential Completes $11 Million Series A Financing and Launches Essential Devnet

On August 13, intent-based encryption infrastructure company Essential completed $11 million Series A financing, led by Archetype, with participation from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM and PropellerHeads, as well as founders and angel investors from Celestia, Hashflow, Enso, Barter, LI.FI, Astaria, GlueX, Bebop, Sorella and other companies.

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13 августа 2024 16:32

Grayscale MakerDAO Trust has a management fee of 2.5%, and its AUM is about $248,000 as of August 12

According to official information, Grayscale's latest MKR trust fund, Grayscale MakerDAO Trust, has a management fee of 2.5%. It is reported that the CoinDesk MakerDAO reference rate provides a reference rate denominated in US dollars for the spot price of Grayscale MakerDAO Trust (MKR). In addition, as of August 12, Grayscale MakerDAO Trust has an asset management scale of $248,234.20 and a net asset value of $11.88 per share.

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13 августа 2024 15:31

MUFG Morgan Stanley Securities plans to issue digital securities this year

According to financial reports, MUFG MSS, a Japanese joint venture under MUFG Financial Group, plans to issue digital securities this year. MUFG MSS currently focuses on digital bonds. In the future, the company hopes to use Morgan Stanley's overseas network to sell Japanese digital bonds to foreign investors.

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13 августа 2024 14:56

BitMEX Raphael: BTC price remains stable around $60,000 despite soaring volatility

According to financial reports, Bitmex Chief Growth Officer Raphael Polansky said on X that there is an interesting fact: Bitcoin has been trading within a 25% range for the past 170 days (0.5 years). Since July, Bitcoin's implied volatility has soared due to some major industry and macroeconomic events, including concerns about a US recession, Trump's official support for Bitcoin, yen rate hikes, and healthy ETF inflows. However, it is now mid-August and Bitcoin is still trading at a stable price of around $60,000.

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13 августа 2024 13:56

Founder of DeFiance Capital: DeFi sector is expected to rebound strongly in the new interest rate cycle

On August 13, Arthur Cheong, founder and CEO of DeFiance Capital, said on his social platform that DeFi, as the sector that best meets market demand in the cryptocurrency field, has recently reached its lowest point in three years relative to the total market value of global cryptocurrencies. I expect this to bottom out in the next few months and rebound strongly when entering a new interest rate cycle.

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13 августа 2024 12:53

JustinSun address deposits 14,000 ETH to AAVE platform

According to financial reports, according to PeckShield monitoring, the address marked as JustinSun withdrew 13,691.5 ETH and deposited 14,000 ETH to the AAVE platform, with a total value of approximately US$37 million. In addition, the address also withdrew 300 ETH from AAVE and transferred 300 ETH and 400,000 USDT to the Poloniex exchange.

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13 августа 2024 11:54

A whale has borrowed $11.8 million in stablecoins to buy 4,459 ETH since August 11

On August 13, according to Lookonchain monitoring, the whale that was liquidated 2,890 wstETH ($8.06 million) during the market crash on August 5 began to buy and go long on ETH again.
Since August 11, the whale has borrowed 6.6 million DAI, 2.7 million USDT, and 2.5 million USDC to buy 4,459 ETH ($11.8 million) at an average price of $2,646.

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