Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024, mining revenues […] Source: https://news.bitcoin.com/hashprice-gains-give-bitcoin-miners-a-much-needed-boost-after-sluggish-month/
Month: September 2024
No, FTX distribution repayments do not begin on September 30
According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms. Source: https://cointelegraph.com/news/ftx-distribution-repayments-don-t-begin-on-sept-30?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks
In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the removal of sales taxes on precious metals in 45 states, and highlighted the increasing trend of de-dollarization. […] Source: https://news.bitcoin.com/sound-money-defense-league-executive-gold-protects-against-inflation-fiat-risks/
OKX’s ‘My Fabric’ Campaign Continues with McLaren F1 Team Driver Oscar Piastri’s Motorsport Journey
SINGAPORE, Sept. 27, 2024 /PRNewswire/ — OKX, a leading onchain technology company and an Official Primary Partner of the McLaren Formula 1 Team, today released the second installment of its ‘My Fabric’ campaign featuring McLaren F1 driver Oscar Piastri. In the video, the rising star reflects on his journey from young junior driver to his breakthrough success in the pinnacle…
US Bitcoin ETFs Close In on Satoshi’s BTC Stash, Holding 924,768 BTC
Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin (BTC). This doesn’t include the hefty BTC stash held by Grayscale’s GBTC, which has experienced a total outflow of $20 billion. Right now, these bitcoin funds hold an impressive 924,768.09 BTC, and if they continue scooping up BTC at […] Source: https://news.bitcoin.com/us-bitcoin-etfs-close-in-on-satoshis-btc-stash-holding-924768-btc/
Bitcoin price eyes 11% monthly gains as DXY threatens 'major' plunge
Bitcoin may clinch the best September in history if bulls can protect BTC price support into the monthly close. Source: https://cointelegraph.com/news/bitcoin-price-11-monthly-gains-dxy-massive-plunge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Liquid Staking Hits 14M ETH Milestone, Adding 1.77M in 2024
According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into these platforms nudged upward by 0.643%, bringing the total to 14.08 million ETH. Ethereum Liquid Staking Surges to 14M Ether, 90,000 Added in 12 Days […] Source: https://news.bitcoin.com/ethereum-liquid-staking-hits-14m-eth-milestone-adding-1-77m-in-2024/
This Week in Crypto Games: ‘Hamster Kombat’ Airdrop and Expansion, $47 Million Gaming Scam
The crypto gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves…
3 reasons why Ethereum will hit $10K next bull cycle
Bullish fractals, long-term technical patterns, and favorable macroeconomic trends could boost ETH’s price to $10,000 by 2025. Source: https://cointelegraph.com/news/3-reasons-why-ethereum-can-reach-10-000-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price to $62K? Bearish div hints at a slow start to Uptober
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility. Source: https://cointelegraph.com/news/bitcoin-62k-bearish-div-slow-start-uptober?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound