October 26th 2024: According to CryptoQuant, retail investors’ holdings have grown by 18,000 BTC valued at $1.2 billion over the last four months reaching a total new value of 1.753 million BTC worth $112.7 billion. Best bitcoin investment site in usa.
October 3rd 2024: Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for. To put in the numbers, Solana registered over $800 million in net flows. This capital injection is more than double what OP Mainnet, an Ethereum layer-2, received and way more than what Sui, another scalable blockchain, posted in the last three months.
September 28th 2024: Coinbase has included EigenLayer (EIGEN) in its future listing plan, which has been welcomed by the crypto enthusiasts. This comes at the same time as EigenLayer is starting the second round of its airdrop, called the “stakedrop,” which was launched on September 16th, 2024.
September 8th 2024: Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls. The report showed that the economy added only 142,000 jobs in August, which was much below expectations and threw the crypto market into volatility.
August 25th 2024: Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges.
August 12th 2024: Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395.
August 4th 2024: Shiba Inu price analysis shows an aggressive correction since mid-July amid the market correction. The bearish turnaround plummeted the SHIB price from its high of $0.00002017 to $0.0000133, registering a loss of 33.9%.
July 26th 2024: American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions, has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a substantial price increase is attainable.
July 14th 2024: CoinStats, a leading cryptocurrency portfolio tracking app, revealed details of a significant security breach that resulted in the theft of approximately $2.2 million in digital assets.
June 27th 2024: Another frenzy ensued in the crypto market as news emerged of a significant movement of stolen Bitcoin (BTC). On Thursday, June 27, a hacker, linked to the recent DMM Bitcoin breach, transferred 500 BTC. This transaction, worth approximately $30 million, raised concerns of a potential market dump, especially considering recent large-scale sell-offs by government entities and miners.
June 12th 2024: Itaú Unibanco has opened crypto trading to all users of its Íon investment platform, allowing clients to buy and sell Bitcoin and Ethereum directly through the app.
June 1st 2024: The Japanese crypto exchange DMM Bitcoin reported losing over $300 million worth of Bitcoin in “an unauthorised leak” from its digital wallet. This comes at a time when another defunct Japanese exchange Mt. Gox has been working on its repayment plans.
May 19th 2024: China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States.
May 13th 2024: Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment.
May 2nd 2024: Bitcoin price remained in a bearish zone and traded below the $60,500 support level. BTC even settled below the $60,000 level to enter a short-term bearish zone.
April 23th 2024: Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.Investor are increasingly taking direct custody of their coins, Bitfinex added.
April 13th 2024: Hong Kong will become the first city in Asia to launch Bitcoin spot ETFs. Notably, initial approvals for these ETFs are expected to be announced next week, significantly exceeding industry expectations for these types of launches this year.
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