Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is reportedly seeking […] Original
House of Streams Presents First-Ever Live Interactive Reality Show With Bitcoin Prize, Global Streamers, and Live Fan Engagement Set to Redefine Reality TV – Press release Bitcoin News You need to enable JavaScript to run this app.ryxnre475n Original
The rapid rise in Treasury yields in the past two years has fueled demand for their tokenized versions. The 10-year yield, the so-called risk-free rate, has risen to 4.22% from 1.69% since March 2022, denting the appeal of lending and borrowing the dollar-pegged stablecoins in the decentralized finance market. Source
Milei Moneda (MEDA) is campaigning for global adoption of DeFi, as its MEDA token presale gains momentum. Ethereum falls drastically under intense sell pressure, while Solana dips. We are in that lull between two huge events, where everything in the crypto market seems uncertain. Ethereum (ETH) and Solana (SOL) got double-figure price pumps last month following Bitcoin’s spike. Now, the coin rally has ended, more or less, but we have the Bitcoin halving to look forward to, and the top altcoins appear undecided on their price movements. ETH dipped significantly…
Sam Bankman-Fried was convicted last year. Here’s how his trial came together. Source
On-chain data confirms that old Bitcoin (BTC) whales have been divesting their BTC tokens to traditional institutional investors, as the firstborn cryptocurrency continues to command growing interest in Wall Street. Ki Young Ju, the founder and CEO of CryptoQuant, highlighted this phenomenon in a recent analysis, drawing attention to a comparative analysis of Bitcoin’s demand and supply across old and new whale addresses. The data suggests that the Bitcoin network is experiencing a surge in demand from emerging whale entities, coinciding with heightened selling activity among established whale addresses. This…
Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory. Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing. This bullish run has been accompanied by technical indicators suggesting a potential continuation of the uptrend, but some analysts warn of lurking risks. LTC maintains a strong weekly performance. Source: Coingecko Potential Litecoin Price Bump In The Offing One key driver of optimism is the apparent breakout from…
On March 28, The ARK 21Shares Bitcoin ETF witnessed an unprecedented $243.5 million in investments, marking a significant uptick over five times its usual daily intake, as Bitcoin neared the $72,000 threshold. According to early insights from Farside Investors, the inflow on March 27 into the ARK 21Shares Bitcoin ETF surged to four times its average daily inflow of $43.9 million since its debut on January 11. This influx almost tripled the previous day’s $73.6 million, significantly outpacing the lack of inflow scenario on March 25. Bitcoin ETF flow table…
“While the macro outlook and timing of potential rate cuts remain uncertain, the upcoming halving event could add to the ETF tailwinds for bitcoin,” analysts led by Michael Graham wrote, adding that “for the rest of the ecosystem, activity levels continue to rebound from 2023 lows.” The quadrennial halving is when miner rewards are slashed by 50%, thereby reducing the supply of bitcoin. The next halving is expected in April. Canaccord says it is encouraged by the Securities and Exchange Commission’s (SEC) approval of 11 U.S. spot bitcoin ETFs in…
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore. Source