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21 октября 2024 05:45

💰 BlackRock's spot bitcoin ETF draws in over $1 billion so far this week

Spot bitcoin exchange-traded funds in the U.S. reported total daily net inflows of $470.48 million on Thursday, extending the positive flows that continued this week. The 12 funds have accumulated over $1.85 billion in net inflows so far this week. “Favorable macroeconomic conditions are [playing] a crucial role; central banks around the globe are lowering interest rates, driving investors toward alternative assets,” said Rachael Lucas, crypto analyst of Markets.

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17 октября 2024 22:45

🪙 Vitalik Buterin’s ‘Surge’ plan aims for exponential Ethereum growth with 100,000 TPS

Ethereum co-founder Vitalik Buterin has outlined his vision for the next phase of the network’s evolution, known as “The Surge.” In an Oct. 17 blog post, Buterin shared critical objectives for this phase, aiming to achieve over 100,000 transactions per second (TPS) across Ethereum’s mainnet and layer-2 solutions. He also emphasized the importance of improving interoperability between layer-2 networks while preserving the decentralization and robustness of the blockchain’s mainnet.

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14 октября 2024 09:44

💰 MicroStrategy eyes trillion-dollar valuation in bitcoin bank endgame, Michael Saylor tells Bernstein

MicroStrategy has aggressively acquired bitcoin since 2020, leveraging debt and equity to maximize returns and outperform many traditional investments. The firm’s latest purchase of 7,420 announced last month took its holdings to 252,220 BTC, currently valued at just over $15 billion, against a total cost of around $9.9 billion and $4 billion worth of debt. That’s the equivalent of 1.2% of bitcoin’s total 21 million supply — making MicroStrategy the largest corporate bitcoin holder in the world.

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11 октября 2024 07:21

GM ☕️ Crypto Telegram!

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10 октября 2024 05:39

💰 Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea

Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean residents.

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08 октября 2024 13:14

🚀 Pando: The Next Big Meme Coin After Dogs and Hamster! 🚀

Pando, the official meme coin on Telegram, is quickly rising to the top! With over 100,000 users in just 1 hour, it’s on track to become the next Doge or Hamster. Don't wait until Pando hits millions of users—join now and earn Pando Tokens for every referral.

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06 октября 2024 07:45

💰 VanEck optimistic on Bitcoin’s momentum in Q4 but wary of Ethereum’s struggles

VanEck remains optimistic about Bitcoin’s outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum’s ongoing struggles with market share and declining fee generation. According to the firm’s September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve’s rate cut and China’s economic stimulus. It outpaced Ethereum, which managed only a 3.2% gain over the same period.

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01 октября 2024 20:32

💰 Bitcoin’s price surge draws interest from ‘nocoiners’ but ownership stagnant – Fed survey

A growing number of Americans who do not own cryptocurrency are expressing interest in making future purchases, even as overall ownership rates decline, according to a new report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI). The April 2024 Labor, Income, Finances, and Expectations (LIFE) Survey showed that 13.4% of respondents who had never owned cryptocurrency, often referred to as “no coiners,” are now likely to purchase digital assets in the future.

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30 сентября 2024 10:29

🇧🇴 Crypto Trading Volumes Double After Lifting of Ban in Bolivia

According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising.

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27 сентября 2024 15:34

🔵 Base’s total value locked crosses $2 billion for the first time amid sustained user activity

Base, a Layer 2 Ethereum network incubated by Coinbase, has seen its total value locked cross the $2 billion mark for the first time, positioning it as the second-largest optimistic rollup by deposits after Arbitrum. According to DeFiLlama data, Base’s TVL stands at $2.08 billion, up from about $430 million at the start of the year, marking a 370% growth year-to-date

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26 сентября 2024 08:29

💰 BlackRock’s head of digital assets says #Bitcoin is risky, but still a ‘risk-off’ asset

BlackRock head of digital assets Robbie Mitchnick believes the crypto industry has made a marketing blunder when it comes to Bitcoin (BTC). A risk-on asset, like stocks, is something that investors buy when they are optimistic about the market and are willing to take more risk. Therefore, a “risk-off asset” is where investors move their money when they’re worried about market volatility.

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25 сентября 2024 07:45

💰 #Bitcoin ETFs set to attract liquidity and speculation as IBIT options trading gains approval

Last week, the U.S. Securities and Exchange Commission approved BlackRock's proposal to list and trade options for its spot bitcoin exchange-traded fund, the iShares Bitcoin Trust ETF (ticker: IBIT). Firms like Grayscale and Bitwise have also been looking to list and trade options for their spot bitcoin ETFs following the SEC's approval of 11 spot BTC ETFs in January.

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21 сентября 2024 19:50

💰 Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrument aimed at providing investors with the ability to hedge and manage risk associated with bitcoin exposure.

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20 сентября 2024 04:50

💰 Hut 8 expands Bitmain partnership with launch of next-gen ASIC miner, boosting hash rate by 80%

Bitcoin miner Hut 8 Corp. announced Thursday the expansion of its partnership with mining rig manufacturer Bitmain Technologies with the launch of the U3S21EXPH, a next-generation ASIC miner. Hut 8 plans to deploy the model in the second quarter of 2025 through a 15 exahash per second hosting agreement leveraging custom data center infrastructure developed in-house.

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18 сентября 2024 20:05

🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

🤝 @Cryptocurrency_Inside ✅

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19 октября 2024 05:45

💰 MicroStrategy stock's big premium to bitcoin holdings defended by analyst as ‘intelligent leverage’

The growing premium at which business intelligence firm and corporate bitcoin holder MicroStrategy (ticker: MSTR) shares trade relative to their net asset value (NAV) is not something to fear, according to Benchmark. Currently at 2.3x, the premium hit a three-year high of 2.7x earlier this month, sparking debates among observers who argued that the stock should align more closely with the company's bitcoin holdings.

Source

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16 октября 2024 04:31

💰 Bitcoin ETFs records over $800 million inflows in 2 days, Ethereum remains quiet

On Oct. 11, Bitcoin ETF net inflows totaled $253.6 million. Fidelity’s FBTC ETF led the way with $117.1 million in inflows, while Ark’s ARKB ETF added $97.6 million. Bitwise’s BITB ETF posted $38.8 million in inflows, and Invesco’s BTCO said $7.9 million. VanEck’s HODL ETF contributed $14.3 million. Grayscale’s GBTC ETF, however, saw outflows of $22.1 million. Other funds, including those from BlackRock, Franklin, Valkyrie, and WisdomTree, remained flat.

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14 октября 2024 08:19

GM ☕️ #Crypto #X Fam!

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11 октября 2024 06:35

💰 Bitcoin dips toward $60,500 amid unexpected core inflation rise, overall YoY declines to 2.4%

Bitcoin remained above $60,500 after US inflation data released today showed higher-than-expected figures. The Core Inflation Rate year-over-year for September rose to 3.3%, surpassing the consensus estimate of 3.2%. Monthly core inflation increased by 0.3%, exceeding the forecasted 0.2%. Overall inflation rose by 0.2% month-over-month, with an annual rate of 2.4%, slightly above the expected 2.3% but still down from last month’s 2.5%.

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09 октября 2024 18:44

💰 Canary Capital files for a spot XRP exchange-traded fund with the SEC

Crypto investment firm Canary Capital filed a registration statement with the U.S. Securities and Exchange Commission for a spot exchange-traded fund, marking the second firm vying for that product this month. The Canary XRP ETF gives investors "the opportunity to access the market for XRP through a traditional brokerage account without the potential barriers to entry or risks involved with acquiring and holding XRP directly," the firm said in an S-1 registration statement filed on Tuesday.

Source

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07 октября 2024 07:30

🇧🇷 Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting at the use of virtual assets as payment tools.

Source

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04 октября 2024 05:31

💰 New HBO documentary aims to reveal Bitcoin creator Satoshi Nakamoto's true identity

An upcoming HBO documentary aims to reveal the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Nakamoto, the famously anonymous inventor of Bitcoin, apparently vanished in December 2010. Estimates are that if Nakamoto is still around, the Bitcoin creator could control as much as 1.1 million bitcoin, currently worth about $67 billion, at least on paper.

Source

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01 октября 2024 04:40

💰 CleanSpark CEO expects bitcoin to peak near $200,000 this cycle: Bernstein

In an interview with analysts at research and brokerage firm Bernstein, CleanSpark CEO Zach Bradford said he expects bitcoin to reach a peak of nearly $200,000 this cycle. “Based on my current analysis, I believe we could see bitcoin peak just under $200,000, sometime in the next 18 months. That’ll likely be a peak. But I do think we’ll see a rapid jump, and then hopefully, an extended elongated period of it being up before we revisit a bear cycle,” Bradford told Bernstein’s Gautam Chhugani, according to a Monday note to clients.

Source

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28 сентября 2024 18:49

💰 Bitcoin ETFs Pull in Nearly Half a Billion as Ethereum ETFs Join the Party

On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively brought in $494.27 million. ARKB led the pack, pulling in a net gain of $203.07 million. Hot on its heels was FBTC, securing $123.61 million, while IBIT claimed $110.82 million in the same trading session.

Source

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27 сентября 2024 10:34

🪙 #Bitcoin miner Hut 8 expands AI push with new 'GPU-as-a-Service' cluster

Hut 8 announced Thursday that it has started generating revenue from its new GPU-as-a-service offering, which rents out GPU computing power to clients. The service, which supports high-performance tasks like AI processing, became fully operational with the launch of its first GPU system for an artificial intelligence cloud developer as the bitcoin miner seeks a strategic expansion beyond cryptocurrency mining.

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25 сентября 2024 21:29

💰 US yield curve and derivatives interest are bullish signs for #bitcoin, Standard Chartered analsyt says

Standard Chartered's global head of digital assets research has highlighted a number of factors that could support bitcoin's price in the coming months. U.S. Treasury notes, long-term borrowing costs are relatively higher than short-term borrowing, which often indicates optimism about future economic growth and contributes to a favorable environment for investments, including bitcoin.

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24 сентября 2024 06:30

💰 21.co integrates Chainlink to enhance 21BTC transparency via real-time Proof-of-Reserves

21.co, the parent company of asset management firm 21Shares, has integrated Chainlink Proof of Reserve on the Ethereum and Solana mainnet to bolster transparency of its wrapped Bitcoin product, 21BTC, according to a Sept. 23 statement. The company will use Chainlink’s Proof of Reserve through its digital asset platform, Onyx, to automate real-time reserve verification to ensure secure minting of 21BTC.

Source

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20 сентября 2024 15:43

🚨 North Korea-linked hack costs crypto exchange BingX $52 million in crypto

Crypto exchange BingX confirmed that it experienced a “minor asset loss” after detecting suspicious outflows from one of its hot wallets. In a post on Sept. 20, BingX’s Chief Product Officer Vivien Lin stated that the exact amount stolen from the breach was still under evaluation and that the incident occurred around 4:00 A.M. Singapore time.

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19 сентября 2024 06:46

💰 MicroStrategy boosts Bitcoin buying power with $875M convertible debt offering

MicroStrategy has increased its convertible debt offering to $875 million from $700 million to purchase more Bitcoin, according to a Sept. 18 statement. The Virginia-based company aims to raise these funds by selling convertible senior notes with an interest rate of 0.625% annually. These unsecured senior obligations will be available to institutional investors in a private sale. The notes are set to mature in September 2028.

Source

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18 сентября 2024 06:46

🇺🇸 SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams.

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