Bitcoin Miners Rake in Record $106.7 Million, 75% from Fees
Bitcoin Miners Rake in Record $106.7 Million, 75% from FeesBig news in the world of Bitcoin! Miners just hit a whopping $106.7 million in revenue, a record high. What’s even…
Bitcoin’s 88.8% Profitable Supply Signals Potential Market Upswing
This number has dropped somewhat from its highest point earlier this year.Additionally, the Bitcoin MVRV ratio suggests that now is a great time to purchase. Following last week’s selling pressure,…
Over $500M Ethereum (ETH) Left CEXs as Market Prepares for Impulsive Move: Data.
Large amounts of ether have been moving out of centralized exchanges as the Ethereum futures market appears ready for an impulsive move.Data from IntoTheBlock revealed that investors withdrew approximately half…
Nigerian Financial Crime Prosecutors Still Fishing Out Cryptocurrency Platforms As Dollar Rise Against The Naira.
The Economic and Financial Crimes Commission has instituted a further crackdown on currency speculators and cryptocurrency platforms manipulating the naira. Impeccable sources within the commission said the EFCC was not…
Wealth Firms May Buy More Bitcoin ETF Holdings: Bitwise CEO.
Wealth managing companies may increase their investments in Bitcoin exchange-traded funds (ETFs) according to Bitwise CEO Hunter Horsley. This forecast is as it is predicted that Bitcoin ETFs will become…
Coinbase Board Member, Kathryn Haun Announces Step Down.
Coinbase Board Member, Kathryn Haun Announces Step DownKathryn Haun, a former federal prosecutor turned tech investor, announced in a tweet that she was resigning from the Coinbase board of directors.…
Will Crypto Market Momentum Continue on This Week’s Inflation Data?
Another busy week lies ahead on the US economic calendar, with all eyes fixed on PCE inflation data.Crypto markets have shown signs of recovery over the weekend but a busy…
Kraken Acquires TradeStation Crypto, Boosting U.S. Regulatory Footprint.
The acquisition is a component of Kraken’s strategy to expand its footprint in the U.S.TradeStation has money transmitting licenses from over 40 states in the U.S.Kraken, a cryptocurrency exchange, has…
Spot Bitcoin ETFs Inflow Surges Amidst Successful Halving Event.
Spot Bitcoin ETFs saw a net inflow of $59.7 million as per Bloomberg on April 20.Prior to halving, the price of BTC recovered, which coincided with the favorable influx.After suffering…
Bitcoin Miners Reserves Hit 12-Year Low Amidst Halving Event Completion
The top three mining pools, which include Viabtc, Bitfury, and Antpool, now own 1.92M BTC. Also, there has been a recent decline in the worldwide Bitcoin network hashrate.The amount of…