Page 46
September could be a tough month for Bitcoin miners as the network hashrate continues to rise while Bitcoin's value remains below $60,000. This could result in further reductions in mining profitability.
Sep 11, 2024Spot Bitcoin exchange-traded funds (ETFs) in the US have recently experienced a notable increase in net positive flows, while spot Ether ETFs have also recorded net inflows, ending a five-day streak of outflows. This shows that investors' interest in crypto assets continues, but the volatile markets are generally challenging.
Sep 11, 2024Japanese investment firm Metaplanet continues its aggressive strategy of allocating Bitcoin, this time purchasing $2 million worth of the cryptocurrency.
Sep 10, 2024CoinShares predicts that the possibility of a 50 basis point interest rate cut by the US Federal Reserve (Fed) increases after the inflation report to be announced on September 10. This development comes after major outflows in cryptocurrency investment products.
Sep 9, 2024The Ethereum Foundation continues its ETH sales this year without slowing down and most recently sold 450 ETH for 1.029 million DAI.
Sep 9, 2024Kraken criticized the uncertainty of crypto regulations in Australia, highlighting the need for urgent reforms to the country's current regulatory framework. The Federal Court's ruling that Kraken's fiat margin trading product violated local laws was met with great disappointment by the exchange.
Sep 9, 2024BitTorrent's BTT token has experienced a remarkable price increase in recent days.
Sep 9, 2024The report states that activity on the Ethereum and Bitcoin blockchains has decreased and paused.
Sep 6, 2024Spot Bitcoin exchange-traded funds (ETFs) in the US recorded net outflows in excess of $1 billion between August 27 and September 5.
Sep 6, 2024Riot Platforms, which mines Bitcoin, announced that it experienced a decrease in Bitcoin production in August 2024, but continues to increase mining capacity and optimize energy costs with its expansion plans.
Sep 6, 2024While spot Bitcoin exchange-traded funds (ETFs) in the US have experienced large outflows in recent days, outflows in Ether ETFs have been more limited. Increasing uncertainty in the crypto market and economic recession concerns have shaped the activity in these funds.
Sep 6, 2024Weakness in the crypto market could be a warning sign for traditional risk assets, says one analyst. Bitcoin (BTC) fell below the $57,000 level on Thursday, paring back Wednesday's gains. Ongoing concerns about the strength of the U.S. economy have led investors to sell risky assets.
Sep 5, 2024Canada-based Bitcoin (BTC) mining company Bitfarms made serious criticisms of the board changes proposed by its rival Riot Platforms.
Sep 5, 2024Dogwifhat's open interest has increased noticeably since August 25, with its price trading below $1.90.
Sep 5, 2024The total amount of capital used in Bitcoin-based decentralized finance (DeFi) protocols could surpass that of the Ethereum network in the next two years, a Bitcoin DeFi developer states.
Sep 5, 2024Zurich Cantonal Bank, one of the largest banks in Switzerland, has started offering cryptocurrency trading services for its customers. According to official Alexandra Scriba, Zurich Cantonal Bank will undertake the function of securely storing the private keys of its customers.
Sep 4, 2024According to a new research report published by JPMorgan, Bitcoin (BTC) mining profitability is at its lowest levels in history.
Sep 4, 2024In a significant development for cryptocurrency investors, Volmex Finance introduced SVIV, a new expected volatility index for Solana’s (SOL) token on Tuesday. This innovative index promises to be an important analysis tool in the cryptocurrency market, offering investors the opportunity to predict possible fluctuations in the price of SOL two weeks in advance.
Sep 4, 2024