XRP is doing better than Bitcoin in South Korea, with a much higher trading volume. We're setting up an XRPL Japan and Korea fund to promote innovation and cooperation there.
Russia has the third-largest crypto mining capability in the world. Cryptocurrencies are being used to fund the war effort.
The word from Bernstein is that the Bitcoin mining scene is looking up. They’re calling it the “Goldilocks scenario”. This basically means that everything is just right for growth and stability in the Bitcoin mining industry.
A recent YouTube video titled "They Tried to K*ll Trump Because of Bitcoin???" explores a sensational theory that an assassination attempt on former President Donald Trump was linked to his stance on Bitcoin.
For a long time, the crypto market was overlooked by the big players in the financial industry. It's obvious that those days are gone, especially since Bitcoin spot ETFs were launched. One of the biggest players is BlackRock. The company is the biggest asset manager in the world, with around 9.1 trillion dollars (= 9,100 billion) in assets under management.
After twelve years of inactivity, a major Bitcoin whale has resurfaced. In July, other large investors also took advantage of the market to buy more Bitcoin.
Recent reports suggest that China might lift its ban on Bitcoin in the fourth quarter of 2024. This potential policy shift marks a significant change in the country's approach to cryptocurrencies, which have been heavily regulated and restricted in recent years.
In an unusual transaction, someone sent 0.00003210 Bitcoin, equivalent to $1.86, to the German Federal Criminal Police Office (BKA) wallet last night. This incident comes right after the wallet was completely emptied.
On July 12, spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced a significant surge in inflows, exceeding $310 million—the highest since June 5.
A wallet associated with crypto lender Genesis recently transferred 12,600 Bitcoin (BTC), worth approximately $760 million, to the cryptocurrency exchange Coinbase.
Just to flag up that today there are Bitcoin and Ethereum options worth USD 1.85 billion that are expiring, which could lead to increased volatility. We’re also seeing crypto market movements influenced by macroeconomic factors like the latest US inflation data. Analysts say there might be some short-term fluctuations, but they advise caution when looking at technical indicators and market sentiment.
Large investors are significantly increasing their Ethereum (ETH) holdings, while ETH reserves on exchanges are depleting faster than Bitcoin (BTC) reserves. Here’s what’s behind this trend.
