Category: Bitcoin
Pre-seed funding totaling $8 million is raised by Bitcoin restaking platform SatLayer
In a pre-seed investment round, $8 million was raised by SatLayer, a Bitcoin restaking platform based on the Bitcoin staking protocol Babylon. According to SatLayer on Thursday, Franklin Templeton, OKX…
$150K Fine Imposed on Crypto Fund Ikigai for Mishandling Bitcoin Loans
According to a panel judgment on August 20, the US National Futures Association (NFA) fined cryptocurrency firm Ikigai Strategic Partners $150,000 for issuing a Bitcoin loan. The penalty is a…
Babylon Introduces a Mainnet-Based Trustless Bitcoin Staking Protocol
Bitcoin Staking Protocol Launches by Babylon With the goal of improving PoS network security, Babylon’s mainnet launch incorporates a staking protocol that lets bitcoin (BTC) holders lock their holdings via…
Bitwise Expands Into Europe With New Agreement to Expand Market Reach of BTC ETFs
Through the acquisition of London-based ETC Group, one of the biggest European participants in cryptocurrency exchange-traded products, Bitwise Asset Management is expanding its global footprint. Bitwise, the provider of Bitcoin…
Expert from South Korea Forecasts a “Ceiling” of 642% Growth in Bitcoin Prices Over the Next Ten Years
A prominent South Korean analyst has projected that the price increase of Bitcoin (BTC) will have a 642% “ceiling” during the next ten years. According to News1, the prediction appeared…
Small-scale strategy The company with the most reverse mortgages, Bitcoin Holdings, has more than $13.5 billion
The most recent long list of businesses actively buying Bitcoin and keeping it on their balance sheets was released by HODL15Capital. The amount held in Bitcoin by MicroStrategy has increased…
VanEck Analysts: Bitcoin Miners Are Changing to Artificial Intelligence and High-Performance Computing
The head of VanEck’s digital assets research, Matthew Sigel, claims in a post on the social networking platform X that Bitcoin miners are using technology to profit from strategic arbitrage….
Riot Platforms increases its ownership stake in Bitfarms to 18.9% by purchasing an additional 1 million shares
One of the biggest bitcoin miners in the United States, Riot Platforms, has increased its bid to acquire Bitfarms by acquiring an extra million shares of the business. Riot is…
ETFs for Bitcoin are expected to own more coins than even Satoshi
The popular Bitcoin exchange-traded funds (ETFs) that debuted this year are expected to eventually own more of the popular cryptocurrency than its enigmatic, pseudonymous creator, Satoshi Nakamoto, after months of…
With the most recent test transactions, 33% of the Mt. Gox repayment is still pending
Test transactions have been made using a Bitcoin wallet connected to Mt. Gox, which may be a sign of the long-awaited payment to people who held money on the exchange….
New Poll: 18% of Democrats Have Purchased Bitcoin, with More to Come
According to a Paradigm Policy Lab survey, Democratic voters are becoming more receptive to cryptocurrencies, which might change the course of the next presidential election. 804 Democratic voters who are…
Because of Bitcoin’s cautious structure, the Runes protocol faces difficulties generating revenue from fees
The fee share of the Runes protocol on Bitcoin is moving lower to 8.37%, getting closer to its all-time low of 2.16%. This indicates that the protocol is beginning to…
Spot Bitcoin ETFs: What Are They?
However, what are Bitcoin ETFs that are spot and how do they operate? You can get the answers to these and many other questions about this issue by carefully reading…
The $1.6 billion investment announced by El Salvador will launch “Bitcoin City”
A significant infrastructure investment is being made in El Salvador, which is anticipated to help the country realize its ambitious plan for Bitcoin City. The largest private investment in El…
As Bitcoin’s dominance shifts, the altcoin season picks up steam
On August 9, Bitcoin’s (BTC) dominance, a measure of the coin’s value in relation to other cryptocurrencies, hit a yearly high of 57.70%. This occurred as the price of Bitcoin…
Four years later, MicroStrategy’s Bitcoin wager outperforms Warren Buffett’s caution
On August 10, 2020, MicroStrategy became the first publicly listed business to use Bitcoin as its principal treasury reserve asset when it bought its first hoard of the cryptocurrency. After…
Bitcoin Drops Below $59K Amid $132M in Liquidations in the Crypto Market
Investing in Cryptocurrency: Long Positions Take a Dive in the Wipeout on Sunday The value of the whole cryptocurrency market dropped to $2.06 trillion after a 3.18% decrease in the…
Options for Bitcoin ETFs should be available before 2025
Regulators are finally paying attention to applications that have been collecting dust for months—that is, applications to list options on spot Bitcoin tickers down exchange-traded funds (ETFs). This year, BTC…
CryptoQuant CEO Says Bitcoin On-Chain Indicators Are Returning to Bull Market
On the social media site X, the CEO of the analytics company informs his 361,000 followers that CryptoQuant’s Bitcoin bull-bear market cycle indicator, which monitors shifts in investor sentiment, has…
Introduces Arbitrum to Tokenized Money Market Fund
Franklin Templeton, a prominent figure in asset management, has partnered with Arbitrum Foundation to introduce the Franklin OnChain US Government Money Fund (FOBXX). The partnership represents increasing institutional interest in…