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Bitcoin
Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%
Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data.…
Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals…
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, as Inflation in US Rose
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index rose to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also…
Singapore Red Cross Says It Now Accepts Crypto Donations
Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization…
Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures
The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a…
Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware…
Bitrefill Adds Support for eSIM Purchases With Cryptocurrencies
Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying…
Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of…
Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador
Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now…
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected…