Your Daily Digest of Global Stories
Bitcoin has lost more than 10% of its value in less than a week. Some experts expect the fall to continue to USD 50,000; however, the decrease in UTXOs in profit could reflect that bullish days are approaching. According to data from CryptoQuantthe Bitcoin UTXOs that are recording profits are at their lowest point since…
Jim Bianco says bitcoin ETFs have failed to live up to expectations, citing large outflows and limited institutional interest. Source link
On Saturday, September 7, presenter Max Kaiser announced that they have the “green light” to launch a new television channel on the Rumble platform. Kaiser said that it would be the only state-run media outlet in the world without censorship. This adds to El Salvador’s struggle to defend freedom of expression. In the days leading…
The company wants to harness renewable energy, which would otherwise be wasted, to mine BTC and promote the expansion of green energy in Japan. Source link
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…
