FOMO HOUR 155 – ETFs SAVE THE DAY BTC ETF Flows: $216m. $654m of inflows into ETFs over 3 days. BTC transaction fees hit 4-year low. German state moves $300m BTC, holdings $1bn. SOL flips ETH for 7d DEX volumes. SOL Firedancer sees first accepted block on testnet. Tether mints another $250m USDT on SOL. Crypto monthly active addresses tops…
Month: July 2024
Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision
On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have slightly decreased to 59%. Biden’s Drop-Out Odds Surge During […] Source: https://news.bitcoin.com/polymarket-odds-of-biden-dropping-out-spike-to-61-after-pelosi-urges-2024-decision/
Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels. Source: https://cointelegraph.com/news/price-analysis-7-10-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jack Dorsey’s Block Sells First Bitcoin Mining Chips to Core Scientific
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Jack Dorsey’s financial services company Block has announced the first buyer of its 3 nanometer (3nm) mining ASICs—the company’s long-vaunted technology aiming to “democratize Bitcoin mining.”…
Inside Lugano’s crypto revolution — A documentary
Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town. Source: https://cointelegraph.com/news/inside-lugano-crypto-revolution-documentary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram Game ‘Notcoin’ Launches Accelerator to Support TON Apps
Viral Telegram game Notcoin, in partnership with DeFi platform 1inch and on-chain attestation protocol Sign, announced Wednesday the launch of Triangle, a new accelerator program aimed at supporting developers building on the Telegram messaging platform and The Open Network (TON). Triangle seeks to bridge crypto and traditional technology, leveraging Telegram’s 900 million active users to drive mass adoption of crypto…
Animoca Brands reports 72% increase in bookings for Q1 2024 over Q1 2023
The bulk of the $90 million reported came from “digital asset advisory.” Source: https://cointelegraph.com/news/animoca-brands-reports-72-increase-bookings-q1-2024-nft-non-fungible-token-sandbox-2023?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
High-conviction Bitcoin traders targeted in new long BTC ETFs
Rex Shares’ new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin’s price volatility. Source: https://cointelegraph.com/news/high-conviction-bitcoin-traders-targeted-new-btc-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin Market Faces Significant Drawdown, Glassnode Reports Despite the notable downturn, Glassnode’s latest analysis […] Source: https://news.bitcoin.com/glassnode-report-says-bitcoin-market-structure-remains-strong-amid-steep-decline/
Coinbase’s Stand With Crypto initiative to launch in Canada
The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change. Source: https://cointelegraph.com/news/coinbase-stand-with-crypto-canada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound