River, a leading Bitcoin technology firm, projects a significant shift in corporate finance over the next 18 months. It predicts that roughly 10% of U.S. companies will invest about 1.5% of their cash reserves, equivalent to $10.35 billion, into Bitcoin. This trend underscores a broader movement as companies seek to ... Read more
Despite recent downturns, Bitcoin investors remain profitable, although Short-Term Holders (STHs) face significant losses. Recent analysis highlights this divide, showing that while long-term holders continue to fare well, those who entered the market more recently are struggling. Recent data from Glassnode reveals a stagnation in Bitcoin’s price and a marked ... Read more
The U.S. Commodity Futures Trading Commission (CFTC) has issued a penalty order against Uniswap Labs, alleging illegal involvement in leveraged or margined retail commodity trading through its decentralized digital asset protocol. According to the CFTC, Uniswap Labs allowed U.S. users to trade leveraged tokens without proper authorization, leading to regulatory ... Read more
Ethereum has surpassed Bitcoin in terms of wallet growth. According to Santiment’s latest insights, ETH’s holder base continues to climb steadily whereas Bitcoin posted a slight decline in the total number of holders over the past three months. The divergence in wallet growth highlights ETH’s growing popularity and utility as ... Read more
Bitcoin (BTC) is currently demonstrating robust support at its current levels, positioning itself for potential upward movement. Historically, September tends to be a bearish month not only for cryptocurrencies but across various asset classes. However, October has shown a significantly stronger bullish trend, with BTC recording an average gain of ... Read more
Cardano founder Charles Hoskinson stirred controversy after he criticized Bitcoin for its perceived lack of innovation, suggesting that it may gradually lose its market dominance. Hoskinson’s comments have not gone unnoticed by Bitcoin supporters. Tuur Demeester, a prominent Bitcoin advocate, has countered Hoskinson’s claims by highlighting Cardano’s declining market share. ... Read more
A recent scientific paper, titled “An Integrated Landfill Gas-to-Energy and Bitcoin Mining Framework”, published on August 29 in the Journal of Cleaner Production, has proffered a new way of reducing methane emission through Bitcoin mining. This peer-reviewed study explores how landfill gas-to-energy (LFGTE) projects could be combined with Bitcoin mining ... Read more
Bitcoin (BTC) is at the cusp of major upside momentum, which could be a rally that would thrill both investors and traders alike. The cryptocurrency had reached a local low of $58,000 after a period of recent volatility but has now recovered to its current value of $60,400. For BTC, ... Read more
Ethereum’s ongoing evolution in the crypto landscape stirs debate and enthusiasm among its supporters. Recently, Ether enthusiast Adriano Feria took to X to argue that the so-called “narrative problem” surrounding Ether will fade as industry leaders increasingly launch Layer 2 solutions, stablecoins, and market-fit products on the network. According to ... Read more
Bitcoin investment products experienced a significant surge last week, with inflows, following remarks by Federal Reserve Chairman Jerome Powell. Speaking at the Jackson Hole Symposium, Powell hinted at the possibility of the first interest rate cut as early as September. His comments appeared to fuel optimism among investors, particularly in ... Read more
