The past few weeks have been exciting, marked by a market upturn and green charts. Bitcoin (BTC) briefly tested $70,000 earlier this week and altcoins traded in tandem with the wider crypto market. Meanwhile, Sui (SUI) and Optimism (OP) gather steam for another bull run, placing them on the list of tokens to watch out for. Concurrently, the DTX Exchange (DTX) presale is rapidly becoming an investor favorite as funds near $1.5 million. This massive show of interest can be linked to its...
Read More »RFK Jr Says He Is ‘Fully Committed to Bitcoin’ at BTC 2024
Independent US presidential candidate Robert Kennedy Jr spoke at the BTC 2024 conference, showing his support for the largest cryptocurrency. This ties into the crypto narrative taking center stage in the build-up to this year’s presidential election. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin. I am fully committed,” said RFK Jr in his speech. Donald Trump, the Republican candidate for this year’s election, has also shown tremendous support for the asset. He is...
Read More »Bitcoin Leaves Exchanges in Droves as Daily New Addresses Increase
Bitcoin (BTC) investors are moving their assets out of crypto exchanges at an increasing rate. An analysis from on-chain intelligence platform CryptoQuant revealed that over the past few days, exchanges have witnessed a rising outflow of BTC, even though the leading digital currency has been in a fluctuation area since February. While the outflows from exchanges continue, new BTC addresses are on the rise daily. CryptoQuant’s analysts say the uptick in bitcoin outflow can be...
Read More »Marathon Digital Acquires $100 Million Worth of BTC, Going Back to HODL Strategy
Bitcoin miner Marathon Digital (MARA) has acquired $100 million of bitcoin (BTC) from the open market while stating it plans on going back to holding the BTC it makes from its mining efforts. It began offloading the BTC from its reserve to cover operational expenses as the asset’s price dropped last year. In a statement, MARA relayed that “it has purchased $100 million of bitcoin and currently holds over 20,000 BTC on its balance sheet. Furthermore, effective immediately, MARA will adopt a...
Read More »Jersey City Will Invest in BTC ETFs
As the world moves another step closer to crypto adoption, Jersey City’s pension fund will invest in BTC ETFs. How much it will invest or which fund it will choose has not yet been revealed. Jersey City mayor Steven Fulop wrote about it on X, “Not my normal subject matter in a post but I’ll share anyway – the question on whether Crypto/Bitcoin is here to stay is largely over + crypto/Bitcoin won.” Of course, that decision needs approval from the premier US financial regulator, the Securities...
Read More »Grayscale Launches Bitcoin Mini Trust, Cheapest in Category
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Read More »Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra-Low’ 0.15% Fee
The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities and Exchange Commission (SEC). The firm describes this spin-off product as a new fund...
Read More »Ripple (XRP) and Solana (SOL) are Among the Top-Trending Cryptocurrencies Lately: Details
TL;DR BTC, XRP, and SOL are some of the top-trending digital currencies recently due to important factors that have sparked heated discussions. Other widely-discussed tokens as of late include Ethereum (ETH), Chainlink (LINK), and others. These are the Leaders The cryptocurrency market has passed through enhanced volatility in the past few days, affecting investor sentiment. Bitcoin (BTC), for one, reached a price of almost $70,000 on July 29 before plummeting below $66,000...
Read More »244,000 BTC Transferred between Wallets on July 30, Here’s What It Means
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Read More »Binance Announces Removal of Four Spot Trading Pairs
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