Bitcoin price whipsawed to $66,000 before recovering the top of its intraday range. Analysts explain why BTC is volatile today. Source: https://cointelegraph.com/news/why-is-bitcoin-price-volatile-today?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635428515018&utm_campaign=rss_partner_inbound
Month: July 2024
US Government Moves Millions in Seized Bitcoin
Just days after Germany announced that it made nearly $2.9 billion in an “unprecedented” sale of seized Bitcoin, the United States has started moving some of its own seized coins—though it’s not yet clear whether the government is actively working to sell them. On-chain data from Arkham Intelligence shows that the U.S. government transferred just shy of $4 million worth…
Why is Bitcoin price volatile today?
Bitcoin price whipsawed to $66,000 before recovering the top of its intraday range. Analysts explain why BTC is volatile today. Source: https://cointelegraph.com/news/why-is-bitcoin-price-volatile-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price tied to US dollar performance, not politics, custodian says
Market expectations of a weakening US dollar may be behind Bitcoin’s recent surge, overshadowing election speculation. Source: https://cointelegraph.com/news/bitcoin-price-us-dollar-performance-politics?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meet Auraflow: A Truly Open Source AI Image Generator Aiming to Beat Stable Diffusion 3
There’s a new contender for the title of king of open-source AI image generators: Auraflow. Released last week by the generative media company Fal AI, Auraflow is gaining traction with its standard Apache 2.0 license, which feels like a breath of fresh air compared to the restrictive licensing that Stability AI used to release Stable Diffusion 3 (SD3). Advocates argue…
Swan Bitcoin delays IPO plan, announces shutdown of mining unit
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts. Source: https://cointelegraph.com/news/swan-bitcoin-shutdown-mining-ipo-plans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Asset manager says Trump admin may make Bitcoin strategic reserve asset
Bitcoin has a supply cap of 21 million, making it an excellent hedge against currency devaluations and geopolitical turmoil. Source: https://cointelegraph.com/news/asset-manager-trump-admin-bitcoin-strategic-reserve-asset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bulls aim for $72K after BTC futures premium hits a 5-week high
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high. Source: https://cointelegraph.com/news/bitcoin-bulls-aim-for-72k-after-btc-futures-premium-hits-a-5-week-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Extends Review Period for Bitcoin Trust Options Trading Proposals
The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The organizations involved include Box Exchange LLC, Cboe Exchange Inc., Miax International Securities Exchange LLC, Miax Pearl LLC, Nasdaq ISE LLC, and […] Source: https://news.bitcoin.com/sec-extends-review-period-for-bitcoin-trust-options-trading-proposals/
Ripple backs Deaton with $1M donation in senate race against Warren: Law Decoded
Ripple’s significant donation to Deaton highlights the growing influence of blockchain in politics amid SEC scrutiny. Source: https://cointelegraph.com/news/ripple-donates-1m-deaton-senate-race-warren?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound