Your Daily Digest of Global Stories
According to the Institute of Consumer Finance at the Federal Reserve Bank of Philadelphia, cryptocurrency holdings have not increased significantly even after the bear market ended. Source link
Key facts: A perfect storm is brewing for Bitcoin’s price to rise. On September 18, the Fed could announce cuts in dollar interest rates. “Don’t be a crybaby,” wrote trader and influencer David Battaglia on his X account. His exhortation was in relation to the price of bitcoin, which, as anyone who follows the market…
Law firm Covington & Burling has denied Steven Nerayoff’s allegations, calling his suit “baseless” and vowing to fight it “vigorously.” Source link
As is often the case historically, September is not a good month for financial markets and for Bitcoin (BTC) due to seasonal issues. What happens is that in the northern hemisphere summer is ending and economic activities are paralyzed due to the holidays. In this context, many are wondering What will happen to the price…
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which will revolutionize the DeFi market and the scalability of the Bitcoin network Source link
Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since…
This is Tether’s first investment in the agriculture and food sector, having previously invested in artificial intelligence, Bitcoin mining operations and digital education initiatives. Source link
Key facts: So far in Q3 2024, BTC is down more than 13% Historically, September tends to be a negative month for the markets. The price of Bitcoin (BTC) has fallen by 13% so far in the third quarter of 2024, its worst performance in the last 5 years between the months of June and…
The company claims to have 30 million total users and the top spot in revenue among Telegram apps. Source link
Key facts: The framework that regulates mining activity has several legal aspects. The farm was located in the state of Guárico, in the plains region of Venezuela. Members of the Bolivarian National Armed Forces (FANB) raided a Bitcoin mining farm located in Guárico, in the plains region of Venezuela. According to the report of the…
