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  • Bitcoin News

    Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs

    by skolnes September 5, 2024
    September 5, 2024

    On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling …

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    A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

    by skolnes September 5, 2024
    September 5, 2024

    In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This …

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  • Bitcoin News

    Bitcoin Miner Iris Energy Increases Mining Output by 10%

    by skolnes September 5, 2024
    September 5, 2024

    Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity …

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  • Bitcoin News

    100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?

    by skolnes September 5, 2024
    September 5, 2024

    Este artículo también está disponible en español. Crypto analyst Astronomer, known by the handle @astronomer_zero on X, has put forth a potentially compelling bottom signal for Bitcoin, which hinges on …

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  • Bitcoin News

    Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

    by skolnes September 5, 2024
    September 5, 2024

    On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million …

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  • Bitcoin News

    Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

    by skolnes September 5, 2024
    September 5, 2024

    Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to …

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  • Bitcoin News

    Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

    by skolnes September 5, 2024
    September 5, 2024

    California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public …

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  • Bitcoin News

    Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

    by skolnes September 5, 2024
    September 5, 2024

    Este artículo también está disponible en español. Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, …

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  • Bitcoin News

    Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

    by skolnes September 5, 2024
    September 5, 2024

    The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos …

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  • Bitcoin News

    Polygon Completes MATIC to POL Upgrade

    by skolnes September 5, 2024
    September 5, 2024

    Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to …

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