Crypto exchange Coinbase initiated a large fund migration on Saturday, moving tokens to new internal wallets in a scheduled, routine security procedure to reduce long-term exposure of keeping funds in the same wallet addresses, which are publicly known. The migration is not due to any cybersecurity breaches or external threats, according to an announcement from … Read more
Today in crypto: a solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, Bitcoiners have expressed excitement over the surging odds of a US Federal Reserve rate cut in December. Meanwhile, a former Coinbase lawyer launched his campaign for New York State Attorney General. ‘Extremely lucky’ solo Bitcoin … Read more
Today in crypto: a solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, Bitcoiners have expressed excitement over the surging odds of a US Federal Reserve rate cut in December. Meanwhile, a former Coinbase lawyer launched his campaign for New York State Attorney General. ‘Extremely lucky’ solo Bitcoin … Read more
Key takeaways: Bitcoin’s death cross, which previously led to 64%-77% BTC price declines, has flashed again. Mounting selling pressure is prompting many investors to sell their BTC holdings at a loss. Bitcoin (BTC) may have confirmed its entry into a bear market after the price dropped to $80,000 on Friday. This view is reinforced by … Read more
Today in crypto: a solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, Bitcoiners have expressed excitement over the surging odds of a US Federal Reserve rate cut in December. Meanwhile, a former Coinbase lawyer launched his campaign for New York State Attorney General. ‘Extremely lucky’ solo Bitcoin … Read more
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the … Read more
Today in crypto: a solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, Bitcoiners have expressed excitement over the surging odds of a US Federal Reserve rate cut in December. Meanwhile, a former Coinbase lawyer launched his campaign for New York State Attorney General. ‘Extremely lucky’ solo Bitcoin … Read more
The record outflows from Bitcoin exchange-traded funds (ETFs) represent short-term, “tactical” rebalancing rather than institutional flight from BTC, according to analysts at crypto exchange Bitfinex. Long-term Bitcoin (BTC) holders taking profit and selling their coins, and highly-leveraged positions flushing out of the markets, are the root causes of the billions of dollars in ETF outflows … Read more
ARK Invest closed out the week with a fresh round of accumulation across several of its flagship funds, picking up positions in Circle, Bullish, BitMine, Robinhood and Bitcoin ETFs as crypto-related equities rebounded. The largest set of purchases targeted Bullish, with ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet … Read more
A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with only a tiny fraction of the computational power typically needed to win a block reward. The miner, who is believed to be operating a hobby-grade machine, struck gold with a hash rate of roughly 1.2 … Read more