As bitcoin (BTC) hovers around $114,000, some financial market experts are hoping that it will drop below the $100,000 price mark this month. This way, they can accumulate even bigger bags of the apex cryptocurrency. Renowned author Robert Kiyosaki is one of those nurturing this idea. He noted in a recent tweet that he expects…
Bitmine now holds more than $2.9 billion in Ethereum (ETH), positioning itself as the world’s largest institutional ETH treasury. The company reached this milestone after accumulating 833,137 ETH tokens. With this rapid acquisition, Bitmine signals its intent to lead in institutional Ethereum holdings. According to its official disclosure, Bitmine aims to control up to 5%…
Bitcoin is trading with a neutral bias at around $114,000. Global liquidity has quietly swelled to a staggering $127.3 trillion, according to analysts at MacroScope. This includes central bank balance sheets and broad money supply, both of which reflect the available capital sloshing through the global financial system. In simple terms, there’s more money on…
On-chain analytics platform Arkham Intelligence recently uncovered the biggest crypto hack ever. The hack involved stolen Bitcoin worth $3.5 billion at the time, now worth $14 billion, which is larger than the $1.5 billion Bybit hack this year. Arkham Intelligence Unveils $14 Billion Hack on Chinese Mining Pool LuBian In an X post, Arkham revealed…
BitMine Immersion Technologies, the largest corporate holder of Ethereum, revealed that its total holdings are now at 833,137 ETH valued at over $2.9 billion, according to an Aug. 4 statement. This development places BitMine far ahead of previous frontrunner SharpLink, which reportedly holds 438,000 ETH. With this latest acquisition, BitMine has also climbed to third…
Crypto investment products saw a $223 million outflow last week, ending a 15-week period of consistent inflows, according to CoinShares’ latest weekly report. This marked a significant shift from the trend earlier in the week, which started with $883 million in inflows. James Butterfill, Head of Research at CoinShares, explained that broader macroeconomic conditions in…
Singapore-based digital asset firm QCP Capital published cryptocurrency market analysis noting that Bitcoin experienced its third consecutive Friday selloff, with prices briefly touching the $112,000 support level and triggering over $1 billion in liquidations of leveraged long positions across the cryptocurrency market since Friday. This sharp decline occurred amid a risk-averse atmosphere in traditional financial…
A new report by Ripple, CB Insights, and the UK Centre of Blockchain Technologies reveals that the blockchain is no longer just for the crypto bros – global banking giants are among its most active investors. Titled ‘Banking on Digital Assets: How Traditional Finance is Investing in Blockchain’, the report found that between 2020 and…
Over the past 24 hours, Ripple’s $XRP coin reclaimed the $3 level before falling back just below. But is this a sign of a bullish resurgence or a temporary high before it slips right down again? With the White House releasing its crypto policy report and $RLUSD’s market cap growing, signs may point to the…
Elon Musk solleva nuovi dubbi sulla sicurezza a lungo termine di Bitcoin di fronte ai rapidi progressi del calcolo quantistico. Il CEO di Tesla e SpaceX si è rivolto al suo chatbot AI, Grok, per chiedere quanto sia probabile che l’algoritmo di hashing SHA-256 di Bitcoin possa essere violato da potenti macchine quantistiche. La domanda…