Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company's founder maintains a...
Bitcoin
Venezuelan Opposition Leader Proposes Bitcoin as National Reserve Asset
María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national...
Binance News: Cleared To Operate In Kazakhstan, CZ Banned From Future Management
In a notable regulatory victory for Binance, the world’s largest cryptocurrency exchange by trading volume, the company announced that it...
This Group Of Bitcoin Holders Have Suffered The Most From The Price Crash
The sharp decline in the price of Bitcoin (BTC), the world’s largest cryptocurrency, has taken a heavy toll on short...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
Bitcoin ETF outflows hit $211.1 million in one day, total surpasses $1 billion since August 27
Quick TakeRecent data from Farside reveals significant outflows from Bitcoin ETFs on Sept. 5, totaling $211.1 million. This marks the...
Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
US Bitcoin ETFs shed $277 million over past week amid market downturn
Key Takeaways US Bitcoin ETFs saw a total of $277 million in outflows last week. BlackRock's iShares Bitcoin Trust reported...
Zero Flows in 4 of 5 Days
On Tuesday, BlackRock’s iShares Bitcoin ETF recorded another day of zero inflows, while US spot Bitcoin (BTC) ETFs continued their...
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
Bitcoin Dipping its Toe into Global Finance
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to...
Bitfarms refutes ‘misleading claims’ made by Riot Platforms in open letter
Bitcoin miner Bitfarms issued a statement addressing what it called misleading claims by rival Riot Platforms amid ongoing tensions over...
Is Bitcoin Destined for a 2016-Style Breakout? Charts Suggest A Q4 Target of $100K
Bitcoin (BTC) is navigating through a storm of fear and uncertainty, with recent volatile price action causing significant shakeouts among...
Bitcoin Dives Below $56,000 After Stock Market Rout
The price of Bitcoin plunged as low as $55,746 late Tuesday, according to CoinGecko data, seeing a sudden dip hitting...
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s...
Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week....
Bitcoin Price Alert: Bitfinex Forecasts 20% Crash Post Rate Cut Decision
On Monday, the Bitcoin price fell as low as $57,100, continuing its decline from a one-month high of $65,000 on...
Bitcoin Targets $54,000 Amid September Struggles
Bitcoin (BTC) has started the week on a down note, trading within the $58,000 range after briefly surpassing $60,000. Analysts...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023....
Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over...
