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Bitcoin
Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges recently.
Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics
A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among…
Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need…
Blackrock Proposes ‘Revised In-Kind Model’ for Spot Bitcoin ETF to Resolve SEC’s Concerns
Blackrock, the world’s largest asset manager, has held another meeting with the U.S. Securities and Exchange Commission (SEC) to discuss its spot bitcoin exchange-traded fund (ETF) application. The firm has proposed a “revised…
Microstrategy’s Bitcoin Stash Grows to 174,530 BTC With Latest Purchase
Microstrategy has expanded its bitcoin holdings with the acquisition of 16,130 more bitcoins. With this latest purchase, the Nasdaq-listed software intelligence firm is now hoding 174,530 bitcoins, acquired for around $5.28 billion. Since…
Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest Antminer T21 models. This purchase boosts Iris Energy’s proprietary mining…
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there…
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
The findings have an echo of De Vries' previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.
Fed’s ‘Beige Book’ Paints Dim Economic Picture, Experts Warn Central Banks ‘Have No Ability to Save…
On Wednesday, following the market’s closure, major U.S. indices concluded the day unchanged, coming off a rise the previous day. This surge was influenced by the dovish remarks made on Tuesday by Federal Reserve Governor Christopher…
Hacker Demands Full Control Over Kyber in Wake of $47M Breach, Offers Executives Buyout and Staff…
A cybercriminal, who has been actively communicating with Kyberswap, issued a new onchain directive, this time insisting on “complete executive control over Kyber (the company).” This captivating onchain communication to the…